Central Oklahoma Habitat For Humanity Inc

Organization Overview

Central Oklahoma Habitat For Humanity Inc is located in Oklahoma City, OK. The organization was established in 2014. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Central Oklahoma Habitat For Humanity Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Oklahoma Habitat For Humanity 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 06/2021, Central Oklahoma Habitat For Humanity Inc generated $9.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $8.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CENTRAL OKLAHOMA HABITAT BUILDS HOUSES FOR THE ECONOMICALLY DISADVANTAGED.

Describe the Organization's Program Activity:

CENTRAL OKLAHOMA HABITAT FOR HUMANITY INC. IS A CHRISTIAN HOUSING MINISTRY THAT WORKS WITH ECONOMICALLY DISADVANTAGED PEOPLE TO HELP IMPROVE THE CONDITIONS IN WHICH THEY LIVE. THE ORGANIZATION USES CAPITAL PROVIDED THROUGH CASH AND IN-KIND CONTRIBUTIONS AS WELL AS OTHER REVENUE GENERATING ACTIVITIES TO BUILD OR RENOVATE HOMES FOR THE INADEQUATELY SHELTERED. THROUGH JUNE 2020, THE HOUSES WERE SOLD WITH A NON-INTEREST-BEARING MORTGAGE WHICH ARE TYPICALLY REPAID OVER A PERIOD OF TWENTY-FIVE YEARS. BEGINNING IN JUNE 2020, THE ORGANIZATION BEGAN PARTNERING WITH THIRD-PARTY LENDERS WHO HAVE AGREED TO FINANCE CERTAIN HOME SALES.STATEMENT CONTINUED ON SCHEDULE O.THIRTY-FIVE LIMITED INCOME HOMEOWNERS PURCHASED HOUSES IN THE YEAR ENDED JUNE 30, 2021. THESE WERE NEW HOUSES BUILT BY CENTRAL OKLAHOMA HABITAT FOR HUMANITY. THESE HOUSES ARE BUILT USING SOME DONATED MATERIALS AND LABOR AND SOLD AT COST AT A BELOW MARKET INTEREST RATE. MORTGAGE PAYMENTS ARE RECYCLED TO HELP BUILD MORE NEW HOMES, REDUCING OUR NEED FOR FUNDRAISING.


CENTRAL OKLAHOMA HABITAT FOR HUMANITY'S RESTORES SERVE OUR MISSION OF BUILDING HOMES, COMMUNITIES AND HOPE. IN ORDER TO FUND THAT MISSION, WE SELL NEW AND USED ITEMS, SUCH AS BUILDING SUPPLIES, APPLIANCES, FURNITURE AND OTHER HOUSEHOLD ITEMS IN OUR RESTORES. THE HABITAT RESTORES PROVIDE A MORE AFFORDABLE CHOICE FOR HOME IMPROVEMENT PROJECTS, ALL WHILE KEEPING PERFECTLY GOOD ITEMS FROM THE LANDFILL. PROCEEDS FROM SALES AT OUR TWO RESTORES HELP CREATE AND PRESERVE HOMEOWNERSHIP IN CENTRAL OKLAHOMA.


WEATHERIZATION AND/OR REPAIRS WERE COMPLETED FOR 14 LOW-INCOME HOMEOWNERS BEGINNING JULY 1, 2020 AND ENDING JUNE 30, 2021. DURING FYE 06/30/2021 CONTRIBUTIONS TOTALED $28,500.


MISCELLANEOUS ITEMS SUCH AS AMORTIZATION OF MORTGAGE DISCOUNT, SALE OF TAX CREDITS, ENERGY REBATES, AS WELL AS OTHER PROGRAM EXPENSE AND INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Ann Felton Gilliland
Chairman & CEO
$211,877
Sonja Potts
Chief Operating Officer
$110,280
Reagan Carrera
Controller
$102,033
Henry Bockus
Director
$5,500
Larry Ball
Vice Chairman
$0
Patrick Lippmann
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Cryder Group
Advertising/public Relations
$257,937
Albert Chambers
Electrical Services
$147,429
Freestyle Productions Llc
Advertising/public Relations
$136,076
Mvl Innovation Masonry Llc
Roofing Services
$108,340
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $459,600
All other contributions, gifts, grants, and similar amounts not included above$2,056,614
Noncash contributions included in lines 1a–1f $443,341
Total Revenue from Contributions, Gifts, Grants & Similar$2,516,214
Total Program Service Revenue$4,451,641
Investment income $210
Tax Exempt Bond Proceeds $0
Royalties $5,664
Net Rental Income $7,000
Net Gain/Loss on Asset Sales $150,070
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,497,636
Miscellaneous Revenue$0
Total Revenue $9,628,435

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Central Oklahoma Habitat For Humanity Inc has recieved totaling $230,465.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$142,038
7 Eleven Foundation

Oklahoma City, OK

PURPOSE: GENERAL FUND

$50,000
Love Meyer Family Foundation

Oklahoma City, OK

PURPOSE: GENERAL SUPPORT

$15,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$11,000
Servant Foundation

Overland Park, KS

PURPOSE: COMMUNITY DEVELOPMENT

$5,200
Rulewicz Foundation

Edmond, OK

PURPOSE: FINANCIAL SUPPORT

$5,000
View Grant Recipient Profile

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