Habitat For Humanity International Inc
- Assets
- $8.2m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 32
- Location
- Huntsville, AL
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 63-0951637
Organization Overview
Habitat For Humanity International Inc is located in Huntsville, AL. 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 06/2023, Habitat For Humanity International Inc employed 32 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 06/2023, Habitat For Humanity International Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 2.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSTRUCT HOUSES FOR LOW INCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CONSTRUCTION/ HOMEOWNER PROGRAM: HABITAT FOR HUMANITY OF THE RIVER VALLEY(HFHRV) WAS ESTABLISHED IN 1987 AS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL. HFHRV SERVES FAMILIES WHO MAKE BETWEEN 25% AND 60% OF AMI(AREA MEDIAN INCOME) AND ARE CURRENTLY LIVING IN SUBSTANDARD OR INADEQUATE HOUSING. FINANCIAL RELIEF ALONG WITH A PRACTICAL HOMEOWNERSHIP EDUCATION ALLOWS FAMILIES TO THRIVE. ULTIMATELY, NEIGHBORHOODS GET SAFER, CIVIC ENGAGEMENT INCREASES, AND LOCAL ECONOMIES GROW AS WE PLACE FAMILIES IN AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Forbes President | OfficerTrustee | 2 | $0 |
Angela Debro Vice-President | OfficerTrustee | 2 | $0 |
Tamarra Matthews-Johnson Secretary | OfficerTrustee | 2 | $0 |
Angel Stinson Treasurer | OfficerTrustee | 2 | $0 |
Lynn Troy Past President | Trustee | 1 | $0 |
Cecilia Showalter Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $269,302 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,695 |
| Noncash contributions included in lines 1a–1f | $11,415 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $844,997 |
| Total Program Service Revenue | $1,151,589 |
| Investment income | $4,103 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,604 |
| Net Gain/Loss on Asset Sales | $21,000 |
| Net Income from Fundraising Events | $46,329 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41,894 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,158,877 |
| 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. | $76,066 |
| Compensation of current officers, directors, key employees. | $30,426 |
| Compensation to disqualified persons | $527,847 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,032 |
| Payroll taxes | $47,147 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,860 |
| Advertising and promotion | $1,717 |
| Office expenses | $29,893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,420 |
| Travel | $7,442 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,475 |
| Payments to affiliates | $20,889 |
| Depreciation, depletion, and amortization | $62,266 |
| Insurance | $77,182 |
| All other expenses | $160,185 |
| Total functional expenses | $2,215,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $874,627 |
| Savings and temporary cash investments | $793,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,111,779 |
| Inventories for sale or use | $46,063 |
| Prepaid expenses and deferred charges | $34,656 |
| Net Land, buildings, and equipment | $916,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,460,337 |
| Total assets | $8,238,113 |
| Accounts payable and accrued expenses | $215,399 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $155,659 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $353,126 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $724,184 |
| Net assets without donor restrictions | $7,513,929 |
| Net assets with donor restrictions | $0 |
| 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 | $8,238,113 |