Habitat For Humanity Of Durham Inc

Organization Overview

Habitat For Humanity Of Durham Inc is located in Durham, NC. The organization was established in 1988. 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 06/2022, Habitat For Humanity Of Durham Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of Durham 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 Durham Inc generated $12.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $7.4m during the year ending 06/2022. While expenses have increased by 0.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TRANSFORM LIVES AND COMMUNITIES BY MAKING HOME OWNERSHIP POSSIBLE IN PARTNERSHIP WITH PEOPLE WHO CARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSTRUCTION SERVICES: THE CONSTRUCTION PROGRAM BUILDS AND SELLS AFFORDABLE HOMES FOR LOW INCOME FAMILIES USING VOLUNTEER LABOR. SERVICES OFFERED INCLUDE NEW HOME CONSTRUCTION, GUT REHABS OF HOMES IN HISTORICAL AREAS, AND CRITICAL AND URGENT REPAIRS WHICH ALLOW HOMEOWNERS TO AVOID EVICTION AND PROTECT THE INVESTMENT IN THEIR HOME. DURHAM HABITAT HELPS REVITALIZE INNER CITY NEIGHBORHOODS AS WE BUILD, SELL, AND REPAIR HOMES FOR LOW INCOME BUYERS.


HOME OWNER SERVICES & MORTGAGE FINANCING: THIS PROGRAM RECRUITS, SELECTS, AND STEWARDS ELIGIBLE APPLICANTS FOR HOMEOWNERSHIP THROUGH THE APPROVAL AND APPLICATION PROCESS TO MORTGAGE CLOSING AND BEYOND. THE APPROVAL PROCESS INCLUDES ATTENDANCE AT HOMEOWNER EDUCATION CLASSES AND PERFORMANCE OF SWEAT EQUITY VOLUNTEER WORK. EACH HOME IS SOLD AT NEAR APPRAISED VALUE AND AN INTEREST-FREE, AFFORDABLE MORTGAGE IS OFFERED TO EACH HOMEOWNER.


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Board, Officers & Key Employees

Name (title)Compensation
Alexis Vaughn 7121 - 33122
CEO
$133,963
Valerie Thompson
Director Of Finance
$76,925
George Stuart
Secretary
$0
Carleena Deonanan
Vice-Chair
$0
Vicky Garcia
Chair
$0
Tracy Cox
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$9,457
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $447,847
All other contributions, gifts, grants, and similar amounts not included above$6,666,149
Noncash contributions included in lines 1a–1f $49,946
Total Revenue from Contributions, Gifts, Grants & Similar$7,123,453
Total Program Service Revenue$4,656,053
Investment income $2,027
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$165
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $319,994
Miscellaneous Revenue$0
Total Revenue $12,200,420

Grants Awarded

Over the last fiscal year, Habitat For Humanity Of Durham Inc has awarded $284,000 in support to 4 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY OF WAKE COUNTY

Org PageRecipient Profile

Raleigh, NC

PURPOSE: TO FUND NEW OPERATING ACCOUNT AT WAKE COUNTY RESTORE LOCATION

$100,000

HABITAT FOR HUMANITY OF WAKE COUNTY

Org PageRecipient Profile

Raleigh, NC

PURPOSE: TO FUND NEW OPERATING ACCOUNT AT WAKE COUNTY RESTORE LOCATION

$100,000

HABITAT FOR HUMANITY INTERNATIONAL

Org PageRecipient Profile

Americus, GA

PURPOSE: ASSISTANCE WITH HOUSING PROGRAMS

$42,000

HABITAT FOR HUMANITY INTERNATIONAL

Org PageRecipient Profile

Americus, GA

PURPOSE: ASSISTANCE WITH HOUSING PROGRAMS

$42,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 26 grants that Habitat For Humanity Of Durham Inc has recieved totaling $423,846.

Awarding OrganizationAmount
United Way Of The Greater Triangle Inc

Durham, NC

PURPOSE: GENERAL SUPPORT

$84,457
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$61,866
American Endowment Foundation

Hudson, OH

PURPOSE: HOUSING, SHELTER

$54,575
F M Kirby Foundation Inc

Morristown, NJ

PURPOSE: IN SUPPORT OF 501C3 PURPOSE

$45,000
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$27,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$20,900
View Grant Recipient Profile

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