Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Madison, WI. 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 50 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 $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $8.3m during the year ending 06/2022. While expenses have increased by 7.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HABITAT FOR HUMANITY OF DANE COUNTY BUILDS AFFORDABLE, SIMPLE AND DECENT HOMES FOR LOW-TO-MODERATE INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOR 35 YEARS, FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOMES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FO THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING ZERO PERCENT OR BELOW MARKET RATE LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS-INSTEAD OF HINDERS-HEALTH AND SAFETY FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. HABITAT FOR HUMANITY OF DANE COUNTY HAS BUILT AND SOLD HOMES TO 328 WORKING, LOW-INCOME FAMILIES. NEXT YEAR, ANOTHER 11 AFFORDABLE HOMES WILL BE BUILT FOR DESERVING, COMMITTED FAMILIES.


HABITAT RESTORES ARE NONPROFIT HOME IMPROVEMENT STORES AND DONATION CENTERS THAT SELL NEW AND GENTLY USED FURNITURE, HOME GOODS, BUILDING MATERIALS AND APPLIANCES AT A FRACTION OF THE RETAIL PRICE. THE HABITAT RESTORE HELPS HABITAT FOR HUMANITY OF DANE COUNTY FUND THE CONSTRUCTION, REHABILITATION OR REPAIR OF AFFORDABLE HOUSING LOCALLY IN DANE COUNTY. THE PROCEEDS BENEFIT HABITAT'S LARGER MISSION OF BUILDING HOMES, COMMUNITIES AND HOPE. THE HABITAT RESTORES ARE LOCATED ON MADISON' EASTSIDE AT 4207 MONONA DRIVE AND MADISON'S WESTSIDE AT 5906 ODANA ROAD. SINCE 2001, SALES FROM THE HABITAT RESTORES HAVE PROVIDED ENOUGH INCOME TO BUILD 65 HABITAT HOMES IN DANE COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Valerie J Renk
Ceo/staff Liason
$119,608
Steve Hanrahan
Chief Operating Officer
$87,333
Tom Dorn
Secretary
$0
Amy Cralam
Chair
$0
Josh Reiter
Vice Chair
$0
Christina Smith-Wilkie
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$84,529
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $853,605
All other contributions, gifts, grants, and similar amounts not included above$3,373,585
Noncash contributions included in lines 1a–1f $2,072,860
Total Revenue from Contributions, Gifts, Grants & Similar$4,311,719
Total Program Service Revenue$3,942,925
Investment income $31,496
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $16,414
Net Income from Fundraising Events $24,473
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $74,583
Miscellaneous Revenue$0
Total Revenue $8,401,610

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Habitat For Humanity International Inc has recieved totaling $300,581.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$101,195
United Way Of Dane County Inc

Madison, WI

PURPOSE: Program Operating Cost/Donor Designation for General Support

$76,360
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$50,550
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$34,891
Madison Community Foundation

Madison, WI

PURPOSE: GENERAL CHARITABLE PURPOSES

$19,000
Jewish Federation Of Madison Inc

Madison, WI

PURPOSE: TO SUPPORT PHILANTHROPIC RESOURCES TO STRENGTHEN JEWISH VALUES IN THE COMMUNITYTO FUND FOOD DRIVE FOR THE COMMUNITY

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$689,985
Earnings-$17,299
Admin Expense$7,915
Net Contributions$10,050
Other Expense$22,000
Ending Balance$652,821

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