Houston Habitat For Humanity Inc

Organization Overview

Houston Habitat For Humanity Inc is located in Houston, TX. 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 12/2021, Houston Habitat For Humanity Inc employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston 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 12/2020, Houston Habitat For Humanity Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $13.5m during the year ending 12/2020. While expenses have increased by 8.0% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSTON HABITAT BUILDS HOMES IN THE HOUSTON METROPOLITAN AREA UTILIZING VOLUNTEER LABOR, DONATED MATERIALS AND CONTRIBUTED FUNDS. THE HOMES ARE THEN SOLD TO PRE-QUALIFIED, VERY LOW-INCOME, LOW-INCOME OR MODERATE-INCOME PERSONS. HOMEBUYERS ARE SELECTED BASED ON NEED, ABILITY TO REPAY THE HOUSTON HABITAT MORTGAGE, AND WILLINGNESS TO PARTNER. DURING 2021, HOUSTON HABITAT BUILT AND SOLD 9 NEW HOMES AND SOLD 9 REFURBISHED HOMES TO LOW INCOME PERSONS THUS PROVIDING A DECENT HOME FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS.


LONG-TERM MORTGAGE FINANCING IS A KEY COMPONENT OF MAKING HOUSTON HABITAT HOMES AFFORDABLE. AFFORDABLE LOW INTEREST MORTGAGES ARE PROVIDED TO QUALIFIED PERSONS AS PAYMENT FOR THE HOMES SOLD. DURING 2021, 8 HOMES WERE SOLD AND FINANCED BY HOUSTON HABITAT.


HOUSTON HABITAT REPAIRS HOMES DAMAGED BY DISASTERS SUCH AS HURRICANE HARVEY FOR LOW-INCOME HOMEOWNERS THROUGH OUR DISASTER HOME REPAIR PROGRAM. HOUSTON HABITAT HELPS BY PROVIDING THE REPAIRS NECESSARY TO MAKE HOMES SAFE, SANITARY AND SECURE. THE DISASTER HOME REPAIR PROGRAM IS ACCOMPLISHED THROUGH PARTNERSHIPS WITH VARIOUS AGENCIES, CORPORATIONS, FOUNDATIONS AND INDIVIDUALS.


HOUSTON HABITAT ALSO OPERATES 2 RESTORES, HOME IMPROVEMENT OUTLETS THAT ARE OPEN TO THE PUBLIC. THE RESTORES ACCEPT DONATIONS FROM INDIVIDUALS, CORPORATIONS AND RETAIL STORES IN THE AREA AND PURCHASES SOME MATERIAL FOR RESALE.


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Board, Officers & Key Employees

Name (title)Compensation
Allison Hay
Executive Dir.
$180,533
Myra Hoskin Mallet
CFO
$156,736
Patricia Sanders
Controller
$123,860
Leslie Cobb-Hector
Chair
$0
Lee Herman
Vice Chair
$0
Gail Rogers
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Flywheel Specialty Services Llc
Disaster Repair
$1,158,239
Sercom Llp
Concrete Contractor
$840,981
New Community Construction Llc
Disaster Repair
$511,778
Durapro Construction Llc
Disaster Repair
$647,545
Sprint Sand
Robins Landing Development
$448,299
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,498,499
Investment income $72,940
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$23,937
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $549,734
Miscellaneous Revenue$0
Total Revenue $11,315,347

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houston Habitat For Humanity Inc has recieved totaling $100.

Awarding OrganizationAmount
Jfa Foundation

Houston, TX

PURPOSE: PROVIDING HOUSING FOR PEOPLE IN NEED

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,283,374
Earnings$794,097
Ending Balance$8,077,471

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