Habitat For Humanity International Inc
- Assets
- $15.7m
- Revenue
- $7.6m
- Investments
- $99.7k
- Employees
- 44
- Location
- Knoxville, TN
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 58-1727980
Organization Overview
Habitat For Humanity International Inc is located in Knoxville, TN. 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 06/2022, Habitat For Humanity International Inc employed 44 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International 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 International Inc generated $7.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $5.9m during the year ending 06/2022. While expenses have increased by 3.8% 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
BRINGING "PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE" THROUGH BUILDING AND SELLING AFFORDABLE HOMES TO LOW-INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KNOXVILLE HABITAT FOR HUMANITY PARTNERS WITH LOCAL LOW-INCOME FAMILIES TO HELP THEM BUILD A PLACE THEY CAN CALL HOME. FAMILIES WHO PARTNER WITH KNOXVILLE HABITAT EARN 80% OR LESS THAN THE AREA MEDIAN INCOME. WITH THE HELP OF VOLUNTEERS AND UNDER THE LEADERSHIP OF KNOXVILLE HABITAT, THE PARTNER FAMILY COMPLETES HOMEOWNER EDUCATION AND BUILDS A HOME. ONCE COMPLETED, THE FAMILY PURCHASES THE HOME AT AN AFFORDABLE AMOUNT WITH A 30-YEAR, 0%-INTEREST MORTGAGE. ALL PARTIES WORK TOGETHER TO HELP LOCAL FAMILIES BUILD THE STRENGTH, STABILITY AND INDEPENDENCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES.
PARTNER FAMILIES COMPLETE 300 HOURS OF "SWEAT EQUITY" (HOMEOWNER EDUCATION) TO BUILD AND PURCHASE THEIR AFFORDABLE HOME. KNOXVILLE HABITAT FOR HUMANITY PROVIDES MORE THAN 200 HOMEOWNER EDUCATION CLASSES EACH YEAR. CLASSES ARE OFFERED ON MULTIPLE DAYS OF THE WEEK AND AT VARYING TIMES TO ACCOMMODATE SHIFT WORKERS. IN ADDITION TO WEEKLY BUDGETING CLASSES, THE CURRICULUM ALSO INCLUDES TOPICS SUCH AS: TELLING YOUR STORY, ORIENTATION 1 & 2, HOME MAINTENANCE, ENERGY EFFICIENCY, NUTRITION AND FOOD BUDGETS, GOOD NEIGHBOR 1 & 2, HOUSE CONSTRUCTION AND PURCHASE AGREEMENTS, AND A WILLS CLINIC. OUR FAMILY SERVICES STAFF WORK WITH FAMILIES BETWEEN CLASSES TO HELP THEM ADDRESS NEEDS AND NAVIGATE DEADLINES. KNOXVILLE HABITAT HAS A 96.7% HOMEOWNERSHIP SUCCESS RATE THAT IS GREATLY DUE TO THE OUTSTANDING 9 TO 18-MONTH HOMEOWNER EDUCATION AND FAMILY SUPPORT PROGRAM.
EVERY PURCHASE CREATES AN OPPORTUNITY FOR A BETTER LIFE. THE KNOXVILLE HABITAT FOR HUMANITY RESTORE ACCEPTS DONATIONS OF NEW AND USED FURNITURE, CLOTHING, HOUSEHOLD ITEMS, BUILDING MATERIALS, APPLIANCES AND MORE AND OFFERS THESE ITEMS FOR SALE TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE. TAX-DEDUCTIBLE DONATIONS ARE ACCEPTED AT THE RESTORE, OR DONORS MAY ARRANGE FOR A SCHEDULED PICK UP FOR LARGER ITEMS. HIGHLY DESIRABLE ITEMS ARE MADE AVAILABLE FOR SALE TO THE PUBLIC, AND PROCEEDS FROM SALES HELP SUPPORT THE MISSION AND WORK OF KNOXVILLE HABITAT FOR HUMANITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelle Shultz President/ceo | Officer | 40 | $121,968 |
Sharon Bosse Past Chair | Trustee | 1 | $0 |
Jenny Brewer Director | Trustee | 1 | $0 |
Michael Ewell Director | Trustee | 1 | $0 |
Aarron Gray Director | Trustee | 1 | $0 |
Tyler Tanaka Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edward Romero Construction | 6/29/22 | $103,426 |
Carroll Heating & Air Hvac Services | 6/29/22 | $145,290 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $231,702 |
| Related organizations | $43,079 |
| Government grants | $523,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,824,001 |
| Noncash contributions included in lines 1a–1f | $1,031,054 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,621,782 |
| Total Program Service Revenue | $2,760,582 |
| Investment income | $5,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,564 |
| Net Gain/Loss on Asset Sales | $134,667 |
| Net Income from Fundraising Events | -$36,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,598,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,100 |
| 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. | $130,324 |
| Compensation of current officers, directors, key employees. | $130,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,686,395 |
| Pension plan accruals and contributions | $44,903 |
| Other employee benefits | $193,959 |
| Payroll taxes | $133,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,004 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,412 |
| Fees for services: Other | $32,898 |
| Advertising and promotion | $238,275 |
| Office expenses | $198,621 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $308,815 |
| Travel | $59,343 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,984 |
| Interest | $190,982 |
| Payments to affiliates | $20,000 |
| Depreciation, depletion, and amortization | $104,499 |
| Insurance | $55,100 |
| All other expenses | $0 |
| Total functional expenses | $5,921,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,878 |
| Savings and temporary cash investments | $2,119,093 |
| Pledges and grants receivable | $1,128,285 |
| Accounts receivable, net | $5,356 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,225,765 |
| Inventories for sale or use | $169,921 |
| Prepaid expenses and deferred charges | $61,292 |
| Net Land, buildings, and equipment | $3,333,522 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $99,703 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,355,657 |
| Total assets | $15,712,472 |
| Accounts payable and accrued expenses | $184,048 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $180,837 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,924,993 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,647 |
| Total liabilities | $3,318,525 |
| Net assets without donor restrictions | $10,654,200 |
| Net assets with donor restrictions | $1,739,747 |
| 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 | $15,712,472 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Habitat For Humanity International Inc has recieved totaling $1,211,908.
| Awarding Organization | Amount |
|---|---|
East Tennessee Foundation Knoxville, TN PURPOSE: GEN/OPER SUPPORT | $392,379 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $294,283 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $279,000 |
Habitat For Humanity International Inc Murfreesboro, TN PURPOSE: HOME CONSTRUCTION | $185,000 |
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $61,246 |
Endowment Analysis
| Beg. Balance | $118,207 |
| Earnings | -$12,392 |
| Other Expense | $1,412 |
| Grants | $4,700 |
| Ending Balance | $99,703 |
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 Independence, MO | $4,030,646 | $3,647,546 |
Habitat For Humanity International Inc Jackson, MS | $11,354,984 | $3,781,132 |
Habitat For Humanity International Inc Jonesboro, GA | $7,706,809 | $5,170,759 |
Tennessee Homeless Solutions Jackson, TN | $271,410 | $3,048,751 |