Our Towns Of North Mecklenburg - Iredell Habitat For Humanity
- Assets
- $0.0
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 78
- Location
- Davidson, NC
- Founding
- 01/1987
- Data as of
- 06/2020
- EIN
- 56-1733643
Organization Overview
Our Towns Of North Mecklenburg - Iredell Habitat For Humanity is located in Davidson, NC. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2020, Our Towns Of North Mecklenburg - Iredell Habitat For Humanity employed 78 individuals. Our Towns Of North Mecklenburg - Iredell Habitat For Humanity 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 06/2020, Our Towns Of North Mecklenburg - Iredell Habitat For Humanity generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD DECENT, AFFORDABLE HOUSING IN PARTNERSHIP WITH FAMILIES IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
ONE WAY OUR TOWNS HABITAT FUNDS THE MISSION OF CREATING AND PRESERVING AFFORDABLE HOUSING IS THROUGH THE OPERATION OF RESTORES--RESALE STORES OFFERING NEW AND GENTLY USED FURNITURE, HOME ACCESSORIES, BUILDING MATERIALS AND APPLIANCES AT BELOW-MARKET PRICES. OUR TOWNS OPERATES RESTORES IN CORNELIUS, MOORESVILLE AND STATESVILLE, NC.THE STORES GENERATED FUNDING FOR THE CONSTRUCTION OF NEARLY HOMES LOCALLY AND HOMES AND HEALTHY-HOME SOLUTIONS FOR FAMILIES IN GUATEMALA AS PART OF HABITAT FOR HUMANITY'S GLOBAL MISSION.DURING FY 2020, THE ORGANIZATION MERGED WITH HABITAT OF HUMANITY OF THE CHARLOTTE REGION TO CONTINUE FULFILLING ITS EXEMPT PURPOSE.
SEE SCHEDULE O
ONE WAY OUR TOWNS HABITAT FUNDS THE MISSION OF CREATING AND PRESERVING AFFORDABLE HOUSING IS THROUGH THE OPERATION OF RESTORES--RESALE STORES OFFERING NEW AND GENTLY USED FURNITURE, HOME ACCESSORIES, BUILDING MATERIALS AND APPLIANCES AT BELOW-MARKET PRICES. OUR TOWNS OPERATES RESTORES IN CORNELIUS, MOORESVILLE AND STATESVILLE, NC.THE STORES GENERATED FUNDING FOR THE CONSTRUCTION OF NEARLY HOMES LOCALLY AND HOMES AND HEALTHY-HOME SOLUTIONS FOR FAMILIES IN GUATEMALA AS PART OF HABITAT FOR HUMANITY'S GLOBAL MISSION.DURING FY 2020, THE ORGANIZATION MERGED WITH HABITAT OF HUMANITY OF THE CHARLOTTE REGION TO CONTINUE FULFILLING ITS EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Ahearn CEO | Officer | 40 | $126,825 |
Mike Price VP Operations | Officer | 40 | $68,052 |
Steve Klueg Treasurer | OfficerTrustee | 3 | $0 |
Matthew Blickley Vice President | OfficerTrustee | 3 | $0 |
Tammie Blake Secretary | OfficerTrustee | 3 | $0 |
Brenda Suits President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Grading Service Inc Site Work | 6/29/19 | $111,630 |
Raviza Interior & Exterior Llc Homeowner Repairs | 6/29/19 | $121,756 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $49,753 |
| Membership dues | $0 |
| Fundraising events | $100,228 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $785,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $935,871 |
| Total Program Service Revenue | $3,173,685 |
| Investment income | -$524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,725 |
| Net Gain/Loss on Asset Sales | $8,519 |
| Net Income from Fundraising Events | -$35,513 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,247,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,956 |
| 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. | $194,877 |
| Compensation of current officers, directors, key employees. | $68,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,074,567 |
| Pension plan accruals and contributions | $19,475 |
| Other employee benefits | $210,027 |
| Payroll taxes | $99,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,555 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $67,501 |
| Office expenses | $177,757 |
| Information technology | $44,673 |
| Royalties | $0 |
| Occupancy | $318,802 |
| Travel | $63,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,515 |
| Interest | $65,050 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,337 |
| Insurance | $46,526 |
| All other expenses | $1,824 |
| Total functional expenses | $4,251,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Our Towns Of North Mecklenburg - Iredell Habitat For Humanity has awarded $125,189 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HFH INTL PURPOSE: Construction of homes in Guatemala | $105,581 |
TOWN OF DAVIDSON PURPOSE: Goodwill | $19,608 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Our Towns Of North Mecklenburg - Iredell Habitat For Humanity has recieved totaling $103,116.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $103,116 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Housing Solutions Inc Nashville, TN | $85,110,787 | $12,951,476 |
Habitat For Humanity Of Durham Inc Durham, NC | $20,924,990 | $12,200,420 |
Habitat For Humanity International Inc Knoxville, TN | $15,712,472 | $7,598,798 |
Habitat For Humanity Orange County Chapel Hill, NC | $18,236,653 | $8,810,630 |
Habitat For Humanity International Inc Aberdeen, NC | $11,746,937 | $8,636,266 |
Goodwin House Home And Community Based Services Alexandria, VA | $5,762,762 | $4,853,938 |
Our Towns Of North Mecklenburg - Iredell Habitat For Humanity Davidson, NC | $0 | $4,247,213 |
Holston Habitat For Humanity Inc Kingsport, TN | $5,229,003 | $4,636,648 |
Habitat For Humanity International Inc Jonesboro, GA | $7,706,809 | $5,170,759 |
Tennessee Homeless Solutions Jackson, TN | $271,410 | $3,048,751 |
Habitat For Humanity International Inc Hendersonville, NC | $13,143,537 | $3,188,722 |
Central South Carolina Habitat For Humanity Inc Columbia, SC | $4,897,008 | $2,472,080 |