Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Winstonsalem, NC. 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 66 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 $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 16.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY OF FORSYTH COUNTY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LIST AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR 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 HOUSES SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS, AND ISSUING LOW FIXED OR ZERO 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. DURING FISCAL YEAR 2021, HABITAT FOR HUMANITY OF FORSYTH COUNTY SERVED 10 FAMILIES THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM AND COMPLETED 10 REPAIRS FOR SENIORS IN EXISTING HOMES. FINANCIAL AND HOMEBUYER EDUCATION PROGRAMS: AS PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH OF HOMEOWNERSHIP. DURING THESE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS SUCH AS BUDGETING; CREDIT CARDS AND CREDIT REPORTS; DEBT AND LOANS; SAVING, INVESTING AND PLANNING FOR THE FUTURE; EMERGENCY SITUATIONS; AND HABITAT HOMEOWNER MORTGAGES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. OVERALL, HABITAT OF HUMANITY OF FORSYTH COUNTY HAS CONDUCTED MORE THAN 30 FINANCIAL AND HOMEBUYER WORKSHOPS HELD DURING FY 2021. YOUTH EMPOWERMENT PROGRAM: FOR STUDENTS BETWEEN THE AGES OF 12-17 TO LEARN LIFE SKILLS, FINANCIAL LITERACY, EXPLORE COLLEGE CHOICES, AND PROVIDE OPPORTUNITIES THEY MIGHT NOT OTHERWISE BE ABLE TO EXPERIENCE. HABITAT FORSYTH ALSO OPERATES A RETAIL ESTABLISHMENT (RESTORE) THAT SELLS DONATED MATERIALS AND FURNITURE TO THE PUBLIC. IN ADDITION, HABITAT ALSO PERFORMS REPAIRS FOR LOW-INCOME PERSONS WHO OWN THEIR HOME BUT CANNOT AFFORD THE REPAIRS.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly Mitter End 4322
Executive Di
$84,237
Bob Gfeller
President
$0
Sophia Kennedy
Secretary
$0
David St Clair
Treasurer
$0
Yvette Lovett Martin
Vice Preside
$0
George Redd Beg 4422
Executive Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$121,276
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $430,745
All other contributions, gifts, grants, and similar amounts not included above$3,586,471
Noncash contributions included in lines 1a–1f $2,622,754
Total Revenue from Contributions, Gifts, Grants & Similar$4,138,492
Total Program Service Revenue$1,525,789
Investment income $1,940
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $35,555
Net Gain/Loss on Asset Sales $2,441
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,823,081

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Habitat For Humanity International Inc has recieved totaling $879,203.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$521,346
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 74 GRANT(S) FOR VARYING PURPOSES

$189,931
United Way Of Forsyth County Inc

Winstonsalem, NC

PURPOSE: GENERAL SUPPORT

$121,276
Arbor Acres United Methodist Retirement Community Inc

Winstonsalem, NC

PURPOSE: OPERATIONAL SUPPORT

$30,000
North Carolina Community Foundation Inc

Raleigh, NC

PURPOSE: HUMAN SERVICES

$6,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$5,150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$382,014
Earnings-$28,805
Admin Expense$3,820
Grants$6,622
Ending Balance$342,767

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