Habitat For Humanity International Inc
- Assets
- $809.9k
- Revenue
- $420.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Spruce Pine, NC
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 56-1936484
Organization Overview
Habitat For Humanity International Inc, operating under the name Mitchell-Yancey Habitat For Humanity, is located in Spruce Pine, 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, Mitchell-Yancey Habitat For Humanity employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mitchell-Yancey 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 06/2022, Mitchell-Yancey Habitat For Humanity generated $420.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $301.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 7 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
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 FOR LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CONSTRUCTION. OPERATIONS OF NONDENOMINATIONAL CHRISTIAN ORGANIZATIONS TO PROVIDE HOME OWNERSHIP OPPORTUNITIES FOR LOW INCOME PARTNERS AND TO DEVELOP COMMUNITIES. HOMES ARE CONSTRUCTED USING VOLUNTEER AND PARTNER LABOR AND SOLD AT COST WITH A LOW INTEREST MORTGAGE. PARTNERS ARE SELECTED, AND RECEIVE ONGOING SUPPORT IN HOMEOWNERSHIP, BY STAFF AND TRAINED VOLUNTEERS. 10% OF UNRESTRICTED DONATIONS ARE SENT TO THE PARENT CORPORATION, HABITAT FOR HUMANITY INTERNATIONAL, FOR THE CONSTRUCTION OF HOMES IN AREAS OF CRITICAL NEED ABROAD AT RELATIVELY LOW COST. WE HAVE DESIGNED OUR CONTRIBUTION FOR USE IN KENYA. (NOTE: PROCEEDS FROM THE SALES OF HOMES TAKE THE FORM OF LONG-TERM LOW INTEREST MORTGAGES HELD BY THE AFFILIATE; OR IN SOME CASES SOLD TO OTER NONPROFIT OR GOVERNMENT AGENCIES OR OTHER FINANCE ORGANIZATIONS, TO PROVIDE FUNDS FOR ONGOING HOME CONSTRUCTION. PROGRAM EXPENSES INCLUDE DIRECT AND INDIRECT CONSTRUCTION COSTS, PARTNER SERVICES, AND DISCOUNTING FOR "PRESENT VALUE" OF MORTGAGES.)
RESTORE OPERATIONS OPERATED RESTORE SELLING DONATED BUILDING MATIERALS AND HOUSEHOLD GOODS AT DISCOUNT TO THE PUBLIC IN A RURAL, LOW-INCOME AREA. PROFITS ARE USED TO SUPPORT HOME CONSTRUCTION. VOLUNTEERS ASSIST WITH PICKUPS, STOCKING AND STORE OPERATIONS.
NEIGHBORHOOD REVITALIZATION / AGING IN PLACE NEIGHBORHOOD REVITALIZATION (NR) IS A HOLISTIC APPROACH THAT BROADENS HABITAT'S TRADITIONAL PARTNERSHIP OF HOME CONSTRUCTION WITH THE NEW HOMEOWNERS TO INCLUDE HOME REPAIRS AND RENOVATIONS FOR FMAILIES IN NEED THROUGH PARTNERSHIP WITH THEIR NEIGHBORD AND LOCAL ORGANIZATIONS, AGENCIES, ETC. THE CORE PHILOSOPHY IS TO IMRPOVE NEIGHBORHOODS THROUGH NETWORKING, COORDINATION, COOPERATION AND COLLABORATION. NATIONWIDE, NR PROGRAM NOW SERVE MORE THAN 60% OF ALL FAMILIES SERVED BY HABITAT IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Evans Treasurer | OfficerTrustee | 12 | $0 |
Jim Erlandson President | OfficerTrustee | 16 | $0 |
Carol Jacobsen Secretary | OfficerTrustee | 5 | $0 |
Jonathan Ward Vice President | OfficerTrustee | 2 | $0 |
Kristabell Certain Board Member | Trustee | 2 | $0 |
Kelly Jones Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,400 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $119,625 |
| Noncash contributions included in lines 1a–1f | $3,019 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,025 |
| Total Program Service Revenue | $222,921 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $74,142 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,127 |
| 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 | $59,012 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,142 |
| Payroll taxes | $4,554 |
| Fees for services: Management | $3,825 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,780 |
| Office expenses | $12,450 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,176 |
| Travel | $2,407 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,055 |
| Insurance | $8,425 |
| All other expenses | $0 |
| Total functional expenses | $301,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $362,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,520 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $85,891 |
| Inventories for sale or use | $7,320 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $351,783 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $809,851 |
| Accounts payable and accrued expenses | $18,360 |
| Grants payable | $0 |
| Deferred revenue | $117,360 |
| 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 | $137,750 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $273,470 |
| Net assets without donor restrictions | $419,021 |
| Net assets with donor restrictions | $117,360 |
| 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 | $809,851 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian College Clinton, SC | $178,788,042 | $82,344,801 |
Community Housing Partners Corporation Christiansburg, VA | $210,530,324 | $87,907,515 |
Skill Creations Inc Goldsboro, NC | $13,834,048 | $44,435,808 |
Habitat For Humanity International Inc Raleigh, NC | $48,704,094 | $32,190,331 |
Montage Living Charlotte, NC | $133,680,991 | $23,940,845 |
Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Habitat For Humanity International Inc Charlotte, NC | $71,967,554 | $27,686,341 |
Habitat For Humanity In Atlanta Inc Atlanta, GA | $81,551,003 | $20,263,546 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |