Habitat For Humanity Of Catawba Valley Inc
- Assets
- $6.1m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Hickory, NC
- Founding
- 02/1986
- Data as of
- 06/2022
- EIN
- 58-1652358
Organization Overview
Habitat For Humanity Of Catawba Valley Inc is located in Hickory, NC. The organization was established in 1986. 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 Catawba Valley Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of Catawba Valley 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 Of Catawba Valley Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 7.2% 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
TO HELP ECONOMICALLY DISAVANTAGED PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS PROGRAM IS TO WORK WITH ECONOMICALLY DISADVANTAGED PERSONS IN THE CATAWBA VALLEY OF NORTH CAROLINA TO HELP CREATE A BETTER ENVIRONMENT TO LIVE IN.
THE PURPOSE OF THE HABITAT RESTORE IS TO HELP SUPPORT THE ORGANIZATION'S HOME BUILDING PROGRAM IN CATAWBA COUNTY, ENSURING THAT MORE FAMILIES HAVE A DECENT, AFFORDABLE PLACE TO CALL HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Williams Board Of Directors/preside | OfficerTrustee | 0 | $0 |
Doug Dickson Board Of Directors/treasur | OfficerTrustee | 0 | $0 |
Ander Horne Board Of Directors | Trustee | 0 | $0 |
Bill Burnham Board Of Directors | Trustee | 0 | $0 |
Margaret Pope Board Of Directors | Trustee | 0 | $0 |
Lori Greveling Board Of Directors | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,641,529 |
| Noncash contributions included in lines 1a–1f | $100,605 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,641,529 |
| Total Program Service Revenue | $1,433,910 |
| Investment income | $1,504 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,308,346 |
| 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 | $1,048,024 |
| Pension plan accruals and contributions | $24,616 |
| Other employee benefits | $195,875 |
| Payroll taxes | $88,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,648 |
| Advertising and promotion | $69,300 |
| Office expenses | $82,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $132,412 |
| Travel | $24,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,640 |
| Interest | $75,896 |
| Payments to affiliates | $21,280 |
| Depreciation, depletion, and amortization | $56,126 |
| Insurance | $0 |
| All other expenses | $110,600 |
| Total functional expenses | $2,708,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,582,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $160,599 |
| Accounts receivable, net | $66,198 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $764,167 |
| Inventories for sale or use | $1,015,239 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,503,926 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,092,657 |
| Accounts payable and accrued expenses | $95,284 |
| 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 | $1,491,641 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,586,925 |
| Net assets without donor restrictions | $4,366,671 |
| Net assets with donor restrictions | $139,061 |
| 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 | $6,092,657 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Habitat For Humanity Of Catawba Valley Inc has recieved totaling $196,336.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $84,236 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: SUPPORT HABITAT'S HOMEOWNERSHIP PROGRAM AND ITS HABITAT REPAIRS! PROGRAM | $35,000 |
Beaver Family Foundation Inc Hickory, NC PURPOSE: HABITAT REPAIRS PROGRAM | $25,000 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: HUMAN SERVICES | $11,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,000 |
Bolick Foundation Conover, NC PURPOSE: HABITAT REPAIRS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |