Habitat For Humanity International Inc
- Assets
- $3.0m
- Revenue
- $964.0k
- Investments
- $0.0
- Employees
- 12
- Location
- Willmar, MN
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 41-1726284
Organization Overview
Habitat For Humanity International Inc is located in Willmar, MN. The organization was established in 1987. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Habitat For Humanity International Inc employed 12 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 $964.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 13.4% 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
HELPING FAMILIES THRIVE THROUGH HOMEOWNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT FOR HUMANITY OF WEST CENTRAL MINNESOTA WORKS WITH SELECTED LOW- INCOME FAMILIES TO CONSTRUCT NEW HOMES AND THEN SELLS THE HOMES TO THE FAMILIES. ONE HOME WAS COMPLETED AND CLOSED DURING THE YEAR.
THE RESTORE IS A LOCAL HOME-IMPROVEMENT THRIFT STORE OFFERING QUALITY NEW AND GENTLY USED BUILDING SUPPLIES, FURNITURE, APPLIANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Skip Wright Chair | OfficerTrustee | 1 | $0 |
Steve Dresler Secretary | OfficerTrustee | 1 | $0 |
Andy Engan Treasurer | OfficerTrustee | 1 | $0 |
Larry Rice Vice-Chair | OfficerTrustee | 1 | $0 |
Ron Ferguson Director | Trustee | 1 | $0 |
Craig Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,155 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,899 |
| Noncash contributions included in lines 1a–1f | $27,424 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,054 |
| Total Program Service Revenue | $707,742 |
| Investment income | $1,088 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $104 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,720 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $963,982 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,289 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $295 |
| Fees for services: Accounting | $10,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,294 |
| Advertising and promotion | $4,242 |
| Office expenses | $16,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,051 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $88,182 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,486 |
| Insurance | $14,810 |
| All other expenses | $4,883 |
| Total functional expenses | $1,074,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,958 |
| Savings and temporary cash investments | $82,605 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $992,504 |
| Inventories for sale or use | $39,941 |
| Prepaid expenses and deferred charges | $1,916 |
| Net Land, buildings, and equipment | $1,618,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,002 |
| Total assets | $2,974,753 |
| Accounts payable and accrued expenses | $26,584 |
| 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 | $2,720,079 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,746,663 |
| Net assets without donor restrictions | $224,090 |
| Net assets with donor restrictions | $4,000 |
| 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 | $2,974,753 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Habitat For Humanity International Inc has recieved totaling $18,444.
| Awarding Organization | Amount |
|---|---|
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $18,444 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Veterans Issues Inc Milwaukee, WI | $5,642,001 | $8,532,002 |
Neighborworks Home Partners Saint Paul, MN | $22,327,379 | $11,840,532 |
Little Earth Of United Tribes Housing Corporation Minneapolis, MN | $16,435,271 | $3,915,477 |
Invest Dsm Des Moines, IA | $13,108,701 | $110,576 |
Daytons Bluff Neighborhood Housing Services Inc Saint Paul, MN | $22,257,418 | $1,487,305 |
Neighborhood Development Corp Des Moines, IA | $6,803,177 | $2,495,754 |
Rebuilding Together - Twin Cities Minneapolis, MN | $1,295,176 | $2,009,168 |
Habitat For Humanity International Inc Willmar, MN | $2,974,753 | $963,982 |
Wisconsin Preservation Fund Inc Milwaukee, WI | $12,189,934 | $1,036,720 |
Legacy Redevelopment Corporation Milwaukee, WI | $10,634,504 | $972,706 |
Brainerd South Housing Group Inc Brainerd, MN | $1,742,660 | $335,729 |
Dallas County Local Housing Trust Fund Inc West Des Moines, IA | $26,861 | $209,515 |