Habitat For Humanity International Inc
- Assets
- $3.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Traverse City, MI
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 38-2753833
Organization Overview
Habitat For Humanity International Inc, operating under the name Habitat For Humanity-Grand Traverse, is located in Traverse City, 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 12/2021, Habitat For Humanity-Grand Traverse employed 23 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity-Grand Traverse 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 12/2021, Habitat For Humanity-Grand Traverse generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEEKING TO PUT GOD'S LOVE IN ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD SUSTAINABLE HOMES, COMMUNITIES, AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CREATION OF AFFORDABLE HOUSING FOR THOSE IN NEED AND TO MAKE THE ISSUE OF SHELTER A MATTER OF CONSCIENCE WITH PEOPLE EVERYWHERE. DURING THE YEAR ENDED 12/31/21, TWO HOMES WERE PROVIDED TO FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Irvin Executive Director | Officer | 40 | $96,458 |
Doug Deyoung Director | Officer | 2 | $0 |
Frank Siepker Jr President | Officer | 2 | $0 |
Andrew Weaver Secretary | Officer | 2 | $0 |
Steve Crum Treasurer | Officer | 2 | $0 |
Ron Williamson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $900,352 |
| Noncash contributions included in lines 1a–1f | $32,262 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $900,352 |
| Total Program Service Revenue | $521,458 |
| Investment income | $7,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,365 |
| Net Income from Fundraising Events | $56,167 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $428,672 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,178,774 |
| 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. | $96,459 |
| Compensation of current officers, directors, key employees. | $48,229 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,432 |
| Pension plan accruals and contributions | $30,901 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,822 |
| Fees for services: Other | $0 |
| Advertising and promotion | $55,489 |
| Office expenses | $13,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $20,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52,269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,375 |
| Insurance | $64,743 |
| All other expenses | $82,473 |
| Total functional expenses | $1,800,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,207,500 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $64,516 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $423,055 |
| Prepaid expenses and deferred charges | $17,166 |
| Net Land, buildings, and equipment | $1,067,971 |
| Investments—publicly traded securities | $305,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $511,827 |
| Total assets | $3,597,161 |
| Accounts payable and accrued expenses | $171,446 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| 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 | $1,522,101 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,743,547 |
| Net assets without donor restrictions | $902,000 |
| Net assets with donor restrictions | $951,614 |
| 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 | $3,597,161 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Habitat For Humanity International Inc has recieved totaling $106,343.
| Awarding Organization | Amount |
|---|---|
Rotary Charities Of Traverse City Traverse City, MI PURPOSE: SEED / EMERGING NEEDS FUND | $58,400 |
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $22,623 |
Grand Traverse Regional Community Foundation Traverse City, MI PURPOSE: HS:HUMAN SERVICES | $17,300 |
Real Estate One Charitable Fdn Southfield, MI PURPOSE: PUBLIC SUPPORT | $8,020 |
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 |