Habitat For Humanity Of Greater Nashville
- Assets
- $71.5m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 78
- Location
- Nashville, TN
- Founding
- 04/1995
- Data as of
- 06/2022
- EIN
- 58-1636286
Organization Overview
Habitat For Humanity Of Greater Nashville is located in Nashville, TN. The organization was established in 1995. 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 Of Greater Nashville employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of Greater Nashville 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 Of Greater Nashville generated $16.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $13.0m during the year ending 06/2022. While expenses have increased by 0.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY OF GREATER NASHVILLE PROVIDES THE LIFE-CHANGING OPPORTUNITY FOR PEOPLE TO PURCHASE AND OWN QUALITY, AFFORDABLE HOMES. HABITAT FAMILY PARTNERSHIPS ENABLE DIGNITY OF LIFE FOR THOSE WHO CHOOSE IT AND WORK TO ACHIEVE IT, HELP TO CREATE SAFER NEIGHBORHOODS FOR MORE CHILDREN, AND FACILITATES A PATHWAY OF HOPE FOR THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY OF GREATER NASHVILLE BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. HABITAT OF GREATER NASHVILLE PROVIDES OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS AND FAMILIES TO OWN QUALITY, AFFORDABLE HOMES. SINCE 1985, HABITAT HAS BUILT OR RENOVATED APPOXIMATELY 1,069 HOMES LOCALLY AND HAS SERVED MORE THAN 3,550 FAMILY MEMBERS INCLUDING MORE THAN 2,170 CHILDREN. THROUGH A HOMEOWNER SELECTION PROCESS THAT CONSIDERS EACH APPLICANT'S HOUSING NEED, ABILITY TO AFFORD HOMEOWNERSHIP, AND WILLINGNESS TO COMPLETE THE HOMEOWNERSHIP PREPARATION PROGRAM, HABITAT ANNUALLY SELECTS APPROXIMATELY 40-50 NASHVILLE-AREA APPLICANTS. AT PROGRAM COMPLETION, FAMILIES PURCHASE THEIR HOME, CONSTRUCTED PRIMARILY WITH VOLUNTEER LABOR, THROUGH A MORTGAGE PROVIDED BY HABITAT AT 0% INTEREST. ALL NEW HABITAT NASHVILLE HOMES ARE ENERGY STAR CERTIFIED. AS ONE SOURCE OF FUNDING, HABITAT OPERATES THREE LOCATIONS OF THE RESTORE, A SOCIAL ENTERPRISE SELLING NEW AND GENTLY USED HOME AND OFFICE FURNISHINGS AND BUILDING SUPPLIES AT A FRACTION OF RETAIL PRICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Herron President & CEO | OfficerTrustee | 40 | $166,508 |
Lucile Houseworth Cao | Officer | 40 | $133,732 |
John Roberts CFO & General Counsel | Officer | 40 | $130,609 |
Chip Wilson Senior VP Of Construction | 40 | $102,689 | |
Alan Young Past Chair | OfficerTrustee | 2 | $0 |
Sam Mcallester Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Womble Llc Construction | 6/29/22 | $372,940 |
A&a Home Renovation Corp Construction | 6/29/22 | $114,009 |
Smyrna Ready Mix Llc Construction | 6/29/22 | $141,537 |
Alvarado Concrete Construction | 6/29/22 | $141,697 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $211,532 |
| Related organizations | $0 |
| Government grants | $3,131,233 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,959,403 |
| Noncash contributions included in lines 1a–1f | $3,401,550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,302,168 |
| Total Program Service Revenue | $6,867,750 |
| Investment income | $54,582 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $153,264 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $117,874 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,513,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,025 |
| 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. | $448,566 |
| Compensation of current officers, directors, key employees. | $48,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,266,850 |
| Pension plan accruals and contributions | $70,462 |
| Other employee benefits | $305,286 |
| Payroll taxes | $266,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139,383 |
| Fees for services: Accounting | $41,077 |
| Fees for services: Lobbying | $24,100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,944 |
| Office expenses | $225,050 |
| Information technology | $163,104 |
| Royalties | $0 |
| Occupancy | $191,038 |
| Travel | $81,969 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,419,380 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $394,288 |
| Insurance | $169,007 |
| All other expenses | $662,139 |
| Total functional expenses | $12,976,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,100 |
| Savings and temporary cash investments | $13,912,953 |
| Pledges and grants receivable | $1,019,156 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $33,216,897 |
| Inventories for sale or use | $837,550 |
| Prepaid expenses and deferred charges | $138,720 |
| Net Land, buildings, and equipment | $10,902,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,307,652 |
| Intangible assets | $124,654 |
| Other assets | $9,027,885 |
| Total assets | $71,491,096 |
| Accounts payable and accrued expenses | $1,364,041 |
| Grants payable | $0 |
| Deferred revenue | $7,519,441 |
| 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 | $26,199,160 |
| Unsecured mortgages and notes payable | $469,991 |
| Other liabilities | $624,728 |
| Total liabilities | $36,177,361 |
| Net assets without donor restrictions | $21,095,888 |
| Net assets with donor restrictions | $14,217,847 |
| 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 | $71,491,096 |
Grants Recieved
Over the last fiscal year, we have identified 29 grants that Habitat For Humanity Of Greater Nashville has recieved totaling $1,394,801.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $586,661 |
The Frist Foundation Nashville, TN PURPOSE: CAPITAL CAMPAIGN | $250,000 |
Habitat For Humanity International Inc Murfreesboro, TN PURPOSE: HOME CONSTRUCTION | $148,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Melkus Family Foundation Nashville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $81,556 |
United Way Of Middle Tennessee Inc Nashville, TN PURPOSE: PROGRAM OPNS (OBI) | $32,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
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 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |