Habitat For Humanity Of Metro Denver Inc

Organization Overview

Habitat For Humanity Of Metro Denver Inc is located in Denver, CO. The organization was established in 1979. 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 Metro Denver Inc employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of Metro Denver 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 Metro Denver Inc generated $42.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $23.6m during the year ending 06/2022. While expenses have increased by 8.5% 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.

Describe the Organization's Program Activity:

HABITAT FOR HUMANITY OF METRO DENVER, INC. IS AN AFFORDABLE HOMEOWNERSHIP PROGRAM. WE BUILD NEW AND REHABILITATE EXISTING HOMES TO SELL TO PARTNER FAMILIES WHOSE INCOME IS 80% OR LESS OF THE AREA MEDIAN INCOME. THROUGH THE NEIGHBORHOOD REVITALIZATION PROGRAM, WE ALSO PROVIDE CRITICAL EXTERIOR REPAIRS TO QUALIFYING HOMEOWNERS. IN FY22, HABITAT BUILT AND SOLD 20 HOMES AND 27 RENOVATED HOMES AND CONTINUED THE HOME REPAIR PROGRAM WITH 87 HOMES. WE ALSO SUPPORTED THE CONSTRUCTION OF 224 HOMES WITH HABITAT FOR HUMANITY PARTNERS AROUND THE WORLD. ALTOGETHER, WE SERVED 371 FAMILIES IN FY22.CONTINUED ON SCHEDULE O.FAMILIES APPLY TO PARTICIPATE IN OUR HOMEOWNERSHIP PROGRAM, AND THOSE WHO QUALIFY ARE: 1) CURRENTLY IN NEED OF DECENT, STABLE, AND AFFORDABLE HOUSING, 2) MEET OUR FINANCIAL REQUIREMENTS, AND 3) WILLING TO HELP BUILD THEIR HOME AND MEET OTHER PARTNERSHIP REQUIREMENTS. OUR HOMEOWNER FAMILIES PARTICIPATE IN HOME BUYER EDUCATION CLASSES WHICH HELP FOSTER INCREASED ECONOMIC INDEPENDENCE AND SELF-RELIANCE, AND THEY ALSO CONTRIBUTE SWEAT-EQUITY TO HELP BUILD THEIR OWN HOME, AS WELL AS THE HOMES OF OTHER HABITAT FAMILIES. HOMES ARE SOLD WITH NO PROFIT MOTIVE, USING BELOW-MARKET INTEREST RATE LOANS. THEIR MONTHLY MORTGAGE PAYMENT HELPS TO FUND MORE HABITAT HOMES.


THE HABITAT RESTORES SUPPLY NEW AND USED BUILDING MATERIALS DONATED BY INDIVIDUALS, MANUFACTURERS, BUSINESSES AND CONTRACTORS AT AFFORDABLE PRICES TO THE METRO DENVER COMMUNITY. THE RESTORES SUPPORT THE DEVELOPMENT OF DECENT AFFORDABLE HOUSING FOR HARD-WORKING, LOW-INCOME FAMILIES. WE KEEP VALUABLE ITEMS OUT OF LANDFILLS, RECYCLE USABLE GOODS, SUPPORT THE VISION OF ERADICATING POVERTY HOUSING AND OFFER OPPORTUNITIES FOR INDIVIDUALS AND GROUPS TO VOLUNTEER.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eastside Heating & Air Conditioning
Hvac
$363,636
3d-plumbing
Plumbing
$289,735
Studio Completiva Inc
Landscape & Architectural Services
$257,298
Penske Truck Leasing Co Lp
Truck Rental
$146,008
Arapahoe Concrete Inc
Concrete
$253,301
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$351,274
Related organizations$0
Government grants $1,803,530
All other contributions, gifts, grants, and similar amounts not included above$19,141,098
Noncash contributions included in lines 1a–1f $162,238
Total Revenue from Contributions, Gifts, Grants & Similar$21,295,902
Total Program Service Revenue$10,595,945
Investment income $110,244
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $136,674
Net Gain/Loss on Asset Sales $5,127,400
Net Income from Fundraising Events -$15,290
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,558,583
Miscellaneous Revenue$0
Total Revenue $42,173,112

Grants Awarded

Over the last fiscal year, Habitat For Humanity Of Metro Denver Inc has awarded $1,189,416 in support to 2 organizations.

Grant RecipientAmount

HABITAT FOR HUMANITY INTERNATIONAL

Org PageRecipient Profile

Americus, GA

PURPOSE: SUPPORT LOW INCOME HOUSING CONSTRUCTION IN FOREIGN COUNTRIES

$1,007,000

COLORADO COMMUNITY LAND TRUST-DENVER LLC

PURPOSE: AFFORDABLE HOUSING

$182,416
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Habitat For Humanity Of Metro Denver Inc has recieved totaling $42,150.

Awarding OrganizationAmount
Benson Family Foundation

Evergreen, CO

PURPOSE: GENERAL SUPPORT

$40,000
Morsman Family Foundation

Minnetonka, MN

PURPOSE: LOW INCOME HOUSING.

$2,150
View Grant Recipient Profile

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