Habitat For Humanity Detroit
- Assets
- $2.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Detroit, MI
- Founding
- 01/1987
- Data as of
- 03/2022
- EIN
- 38-2708025
Organization Overview
Habitat For Humanity Detroit is located in Detroit, MI. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 03/2022, Habitat For Humanity Detroit employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Detroit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Habitat For Humanity Detroit generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $1.0m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (27.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DECENT, AFFORDABLE HOUSING TO LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CONSTRUCTION: TO PROVIDE HOUSING TO LOW INCOME PERSONS BY BUILDING NEW, AND REHABILITATING OLD, RESIDENCES AND SELLING THEM TO QUALIFIED PERSONS ON A LOW OR NO INTEREST BEARING MORTGAGE AT THE COST OF CONSTRUCTION OR LESS. FAMILY SUPPORT SERVICES: TO SELECT, TRAIN, AND WORK WITH QUALIFIED LOW INCOME HOMEOWNERS TO ENABLE THEM TO BECOME HABITAT FOR HUMANITY HOMEOWNERS AND TO WORK WITH NEW AND EXISTING RESIDENTS TO IMPROVE NEIGHBORHOOD CONDITIONS AND REINVEST NET COLLECTIONS IN FUTURE HABITAT FOR HUMANITY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Osterland CEO | Officer | 40 | $123,950 |
Gary Dawes President | OfficerTrustee | 4 | $0 |
Cleamon Moorer Jr Secretary | OfficerTrustee | 2 | $0 |
Leona Medley Former Secretary | OfficerTrustee | 5 | $0 |
Donna Stallings Vice President | OfficerTrustee | 2 | $0 |
Eric Hanna Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schafer & Weiner Pllc Legal | 3/30/18 | $180,811 |
Rdm Associates Mgmt/accounting | 3/30/18 | $184,158 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,661 |
| All other contributions, gifts, grants, and similar amounts not included above | $564,976 |
| Noncash contributions included in lines 1a–1f | $64,985 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $673,637 |
| Total Program Service Revenue | $432,152 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,104,319 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,880 |
| Compensation of current officers, directors, key employees. | $13,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $250,982 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,091 |
| Payroll taxes | $35,483 |
| Fees for services: Management | $92,970 |
| Fees for services: Legal | $10,938 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,635 |
| Fees for services: Investment Management | $125 |
| Fees for services: Other | $28,278 |
| Advertising and promotion | $37,149 |
| Office expenses | $27,264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,925 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,264 |
| Interest | $0 |
| Payments to affiliates | $3,000 |
| Depreciation, depletion, and amortization | $16,729 |
| Insurance | $30,800 |
| All other expenses | $3,203 |
| Total functional expenses | $1,024,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,593,398 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,793 |
| Net Land, buildings, and equipment | $165,375 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $642,585 |
| Intangible assets | $0 |
| Other assets | $127,021 |
| Total assets | $2,589,366 |
| Accounts payable and accrued expenses | $44,553 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,000 |
| Total liabilities | $54,553 |
| Net assets without donor restrictions | $2,345,267 |
| Net assets with donor restrictions | $189,546 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,589,366 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Habitat For Humanity Detroit has recieved totaling $289,153.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $122,692 |
Michigan Health Endowment Fund Brighton, MI PURPOSE: RETURN HOME SAFE | $100,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,950 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $6,264 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity International Inc Columbus, OH | $20,327,223 | $7,933,183 |
Kent County Habitat For Humanity Grand Rapids, MI | $21,038,671 | $7,407,281 |
Habitat For Humanity International Inc Maumee, OH | $7,412,528 | $5,399,056 |
Habitat For Humanity Of Summit County Inc Akron, OH | $10,560,060 | $8,230,654 |
Habitat For Humanity International Inc Dayton, OH | $7,328,659 | $3,235,611 |
Habitat For Humanity Of Waukesha County Inc Waukesha, WI | $2,764,465 | $2,495,016 |
Habitat For Humanity International Inc Traverse City, MI | $3,597,161 | $2,178,774 |
Neighborhood Capital Funding Inc Lansing, MI | $14,127,520 | $1,675,905 |
Habitat For Humanity Detroit Detroit, MI | $2,589,366 | $1,104,319 |
Saginaw-Shiawassee Habitat For Humanity Saginaw, MI | $4,111,258 | $2,104,529 |
Habitat For Humanity International Inc Port Huron, MI | $1,352,075 | $1,068,369 |
Habitat For Humanity International Inc Adrian, MI | $2,152,842 | $879,406 |