Habitat For Humanity International Inc
- Assets
- $1.1m
- Revenue
- $237.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Hastings, MI
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 38-2885664
Organization Overview
Habitat For Humanity International Inc is located in Hastings, MI. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International Inc 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 06/2022, Habitat For Humanity International Inc generated $237.2k 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 (9.3%) each year. All expenses for the organization totaled $248.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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
PROVIDING AFFORDABLE HOMEOWNERSHIP TO LOW-INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP AFFORDABLE HOUSING AND REPAIR EXISTING HOMES FOR LOW INCOME FAMILIES, DURING THE YEAR NO HOMES WERE COMPLETED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Stolsonburg President | OfficerTrustee | 3 | $0 |
Tina Smelker Treasurer | OfficerTrustee | 3 | $0 |
Randy Sykes Vice Preside | OfficerTrustee | 3 | $0 |
Mary Williams Secretary | OfficerTrustee | 3 | $0 |
Jeff Domenico Director | Trustee | 2 | $0 |
Eric Byington 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 | $56,564 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,564 |
| Total Program Service Revenue | $165,967 |
| Investment income | $86 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,946 |
| Net Income from Fundraising Events | $10,653 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,216 |
| 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. | $49,091 |
| Compensation of current officers, directors, key employees. | $41,727 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,469 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,294 |
| Payroll taxes | $9,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,662 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,360 |
| Office expenses | $928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,607 |
| Travel | $296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,209 |
| Insurance | $0 |
| All other expenses | $3,661 |
| Total functional expenses | $248,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,232 |
| Savings and temporary cash investments | $135,876 |
| Pledges and grants receivable | $5,000 |
| Accounts receivable, net | $6,165 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $514,932 |
| Inventories for sale or use | $50,664 |
| Prepaid expenses and deferred charges | $1,544 |
| Net Land, buildings, and equipment | $343,231 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,076 |
| Other assets | $11,402 |
| Total assets | $1,080,122 |
| Accounts payable and accrued expenses | $8,740 |
| 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 | $279,389 |
| Other liabilities | $0 |
| Total liabilities | $288,129 |
| Net assets without donor restrictions | $791,993 |
| Net assets with donor restrictions | $0 |
| 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 | $1,080,122 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Habitat For Humanity International Inc has recieved totaling $12,465.
| Awarding Organization | Amount |
|---|---|
Barry County United Way Hastings, MI PURPOSE: CONSTUCTION MATERIAL | $12,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gene B Glick Family Housing Foundation Inc Indianapolis, IN | $374,839,062 | $69,361,551 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Integrated Community Services Inc Green Bay, WI | $950,571 | $23,339,700 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Western Reserve Revitalization & Management Co Cleveland, OH | $81,496,475 | $17,708,509 |