Habitat For Humanity International Inc
- Assets
- $4.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 11
- Location
- Moorhead, MN
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 41-1690131
Organization Overview
Habitat For Humanity International Inc is located in Moorhead, MN. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Habitat For Humanity International Inc employed 11 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 06/2021, Habitat For Humanity International Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 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
PUTTING GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF LAKE AGASSIZ HABITAT FOR HUMANITY, INC. IS TO PROVIDE SIMPLE, DECENT, AFFORDABLE HOUSING TO THOSE IN NEED THROUGH THE CONSTRUCTION OF VARIOUS HOUSING UNITS. THESE UNITS ARE THEN SOLD AT NO PROFIT WITH A ZERO INTEREST MORTGAGE TO INDIVIDUALS WHO MEET SPECIFIC CRITERIA. THE NUMBER OF FAMILIES SERVED DURING THE FISCAL YEAR ENDING JUNE 30, 2021 INCLUDES 2 HOME CLOSINGS, SERVING 7 INDIVIDUALS (2 ADULTS AND 5 CHILDREN). IN ADDITION, OUR INTERNATIONAL TITHE SERVED 2.2 FAMILIES DURING THE YEAR.LAKE AGASSIZ HABITAT SELLS HOUSES TO SELECTED PARTNER FAMILIES UPON COMPLETION OF THE CONSTRUCTION PROJECTS. FOR FISCAL YEAR ENDED JUNE 30, 2021, THE MORTGAGE INCOME PROVIDED BY CURRENT MORTGAGE PAYMENTS TOTALED $319,003 ENABLING HABITAT TO FURTHER CONTINUE TO FULFILL IT'S MISSION. INCLUDED IN THIS NUMBER ARE THE PROCEEDS FROM THE SALE OF 1 HOME WHICH TOTALED $175,194. REGULAR MORTGAGE PAYMENTS MADE BY CURRENT PARTNER FAMILIES, TODAY, WILL PAY FOR FUTURE HOUSE BUILDS OVER THE COURSE OF THEIR MORTGAGE TERM, IN MOST CASES FOR 30 YEARS.
RESTORE SELLS NEW AND GENTLY USED BUILDING MATERIALS BELOW RETAIL PRICING. IN ADDITION TO PROVIDING A SOURCE OF INCOME TO AID IN THE CONSTRUCTION OF HOUSING, RESTORE HELPS KEEP USABLE BUILDING MATERIALS OUT OF LANDFILLS. FOR FISCAL YEAR ENDED JUNE 30, 2021, THE RESTORE PROGRAM PROVIDED LAKE AGASSIZ HABITAT FOR HUMANITY WITH ADDITIONAL REVENUE OF $587,182. WE ALSO DIVERTED 926.36 TONS FROM AREA LANDFILLS. THE ADDITIONAL REVENUE HELPED LAKE AGASSIZ HABITAT FOR HUMANITY BUILD MORE HOMES FOR LOW-INCOME FAMILIES WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Nelson Executive Director | Officer | 55 | $97,179 |
Kelly Hagel Treasurer/director | OfficerTrustee | 1 | $0 |
David Slotten President (from Jan) | OfficerTrustee | 2 | $0 |
Kyla Dubord Secretary/director | OfficerTrustee | 1 | $0 |
Kaylin Frappier At-Large Member/director | OfficerTrustee | 1 | $0 |
Dan Eggiman President (through Dec) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,100 |
| Related organizations | $0 |
| Government grants | $108,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,336,605 |
| Noncash contributions included in lines 1a–1f | $607,370 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,448,605 |
| Total Program Service Revenue | $348,961 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,456 |
| Net Income from Fundraising Events | -$417 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,798,676 |
| 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. | $101,224 |
| Compensation of current officers, directors, key employees. | $25,306 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,515 |
| Pension plan accruals and contributions | $4,697 |
| Other employee benefits | $42,854 |
| Payroll taxes | $30,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,118 |
| Fees for services: Accounting | $31,236 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,794 |
| Office expenses | $50,739 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,213 |
| Travel | $3,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $707 |
| Interest | $28,585 |
| Payments to affiliates | $10,000 |
| Depreciation, depletion, and amortization | $19,346 |
| Insurance | $39,894 |
| All other expenses | $21,794 |
| Total functional expenses | $1,082,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,207,514 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,241,114 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,404 |
| Net Land, buildings, and equipment | $517,738 |
| Investments—publicly traded securities | $8,182 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $214,930 |
| Total assets | $4,190,882 |
| Accounts payable and accrued expenses | $304,415 |
| 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 | $480,589 |
| Unsecured mortgages and notes payable | $79,755 |
| Other liabilities | $0 |
| Total liabilities | $864,759 |
| Net assets without donor restrictions | $3,005,896 |
| Net assets with donor restrictions | $320,227 |
| 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 | $4,190,882 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Habitat For Humanity International Inc has recieved totaling $221,648.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $136,860 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $54,345 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: Housing | $15,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $7,893 |
Cass County Electric Cooperative Foundation Fargo, ND PURPOSE: Purchase building material | $7,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
Minnesota Home Ownership Center St Paul, MN | $17,549,875 | $3,064,242 |
Land Bank Twin Cities Inc St Anthony, MN | $25,684,992 | $6,229,470 |
Housing Resources Inc Milwaukee, WI | $1,278,452 | $4,218,125 |
Greater Green Bay Habitat For Humanity Green Bay, WI | $9,776,168 | $3,142,134 |
American Indian Community Housing Organization Duluth, MN | $7,296,736 | $3,254,073 |
Successful Living Supportive Housing Program Iowa City, IA | $3,127,012 | $2,854,795 |
World Learner School Of Chaska Chaska, MN | $2,061,201 | $2,337,089 |
Wisconsin Balance Of State Continuum Of Care Inc Eau Claire, WI | $302,883 | $2,354,061 |
Mano A Mano International Partners St Paul, MN | $4,322,951 | $3,022,158 |