Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Richland, WA. 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 06/2022, Habitat For Humanity International Inc employed 16 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 $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 6.4% 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING TO QUALIFYING FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OVERVIEW:AS WITH THE PREVIOUS FISCAL YEAR 2022 (FY22) CONTINUED TO BUILD ON- AND DEVELOP A MORE FINANCIALLY STABLE MODEL ESTABLISHED IN FY19 THROUGH PARTNERSHIP WITH YAKIMA FEDERAL SAVINGS AND LOAN. NOW IN OUR THIRD YEAR WE CONTINUE TO IDENTIFY AND OVERCOME CHALLENGES TO MORTGAGE FINANCING INCLUDING A DECISION TO MOVE AWAY FROM THE FEDERAL HOME LOAN BANK PROGRAM ALLOWING OUR HOMEOWNER PARTNERS TO TAKE GREATER ADVANTAGE OF YAKIMA FEDERAL'S COMPETITIVE RATES. OUR BIGGEST CHALLENGE WAS AND REMAINS TO BE THE RAPIDLY RISING INTEREST RATES. THIS YEAR WE ALSO CREATED AN ENDOWMENT/INVESTMENT ACCOUNT IN ORDER TO TAKE ADVANTAGE OF CHANGES TO INHERITANCE TAXES THAT WERE GOING INTO EFFECT, AS WELL AS TO ALSO PROVIDE ANOTHER RESOURCE OF FUNDS FOR THE AFFILIATE TO STAND ON IN ADDITION TO GRANTS, PRIVATE DONATIONS, AND HABITAT STORE REVENUES. THE COVID-19 PANDEMIC HAS FOR THE MOST PART SUBSIDED AS IT PERTAINS TO OUR OPERATIONS AT THE CONSTRUCTION SITE AND AT THE HABITAT STORE HOWEVER WE CONTINUE TO STILL SEE HESITATION WHEN IT COMES TO OUR RETURNING VOLUNTEER NUMBERS. IN COMPARISON TO THE PREVIOUS YEAR THE CHALLENGES WE FACED TO OUR CONSTRUCTION IN FY22 WERE MORE RELATED TO THE SUPPLY CHAIN ISSUES FOR PROCURING CONSTRUCTION MATERIALS AND CITY APPROVAL FOR CRITICAL INFRASTRUCTURE WORK.OUR LAND AND DEVELOPMENT CHALLENGES FROM THE PREVIOUS FISCAL YEAR CONTINUE TO EVOLVE. WE WERE ABLE TO PROCURE LAND IN WEST RICHLAND (2.5 ACRES OR 8 LOTS) AND IN EAST PASCO (1.25 ACRES OR 7 LOTS). WHAT WAS THE CHALLENGE OF FINDING VACANT LAND HAS MORPHED INTO THE CHALLENGE OF DEVELOPING IT (I.E. ROADWORK AND INFRASTRUCTURE) AND PREPARING LOTS IN A TIMELY MANNER. WE CONTINUE TO LOOK FOR LAND AND DEVELOPMENT OPPORTUNITIES THAT WILL GIVE US A COUPLE YEARS OF PHASED BUILDING AS IT REMAINS OUR GOAL TO SCALE-UP OUR PRODUCTION OF HOUSING UNITS FROM 8 PER ANNUM TO 12, IN ADDITION TO SEEKING OUT OPPORTUNITIES TO BUILD MORE DENSITY (I.E. DUPLEX AND TRIPLEX TOWNHOMES). THIS YEAR WE ALSO EMBARKED ON A PROJECT WITH DELTA HIGH SCHOOL'S AUTO-CAD CLASS AND MMEC ARCHITECTURE AND INTERIORS TO HELP US DEVELOP MULTI-FAMILY HOUSING OPTIONS THAT ARE VERTICAL AND THEREFORE HAVE A SMALLER FOOTPRINT. THERE WERE FEWER STAFFING CHANGES IN FY22, HOWEVER ONE KEY CHANGE INCLUDED THE DEPARTURE OF OUR GRANTS COORDINATOR. WITH THE ADDITION TO A COUPLE MORE PART-TIME RETAIL EMPLOYEES WE NOW HAVE A TOTAL OF 11 FULL-TIME EQUIVALENT TEAM MEMBERS. COMMUNITY SUPPORT:OUR OVERALL VOLUNTEER NUMBERS CONTINUED TO BE BELOW PRE-COVID-19 NUMBERS. IN FY22, SLIGHTLY HIGHER TO THE PREVIOUS YEAR WE HAD A TOTAL OF 384 INDIVIDUAL VOLUNTEERS (UP BY 15) WHO SERVED JUST OVER 15,600 HOURS. THIS YEAR OUR FOCUS HAS ALSO BEEN ON GROWING THE NUMBER OF GROUP BUILD DAYS, PARTICULARLY SPONSORED BUILD DAYS, WHICH WE HOSTED 2 IN FY22. TRI-TECH SKILLS CENTER CONTINUED TO BE A MAJOR FACTOR IN OUR ABILITY TO COMPLETE EACH OF THE 7 HOUSES THIS YEAR. ENROLLMENT IN THE CONSTRUCTION PROGRAM DECLINED SLIGHTLY FROM 50 STUDENTS LAST YEAR TO 36 STUDENTS IN FY22. COLLECTIVELY THE STUDENTS CONTRIBUTED JUST OVER AN ESTIMATED 2,000 SERVICE HOURS.DEVELOPING A DIVERSE FUNDRAISING STRATEGY, INCLUDING GRANTS (BOTH LOCAL AND STATE LEVEL), IN-KIND GIVING, PRIVATE DONATIONS (BOTH INDIVIDUAL AND CORPORATE), AS WELL AS STORE REVENUES CONTINUED TO BE AN IMPORTANT PART OF DEVELOPMENT IN FY22. THIS YEAR WE HAVE ALSO STARTED INCORPORATING MORE EVENTS, INCLUDING OUR BLOCK PARTY CELEBRATION, INTO OUR ANNUAL FUNDRAISING SCHEDULE IN ORDER TO BOTH EXPAND GIVING OPPORTUNITIES AS WELL AS INCREASE OUR PRESENCE IN THE COMMUNITY.HOMES COMPLETED: IN FY22, TRI-COUNTY PARTNERS HABITAT FOR HUMANITY CLOSED ON 7 HOMES IN EAST PASCO ON SOUTH CEDAR AVENUE AND EAST ALVINA STREET. DUE TO SUPPLY CHAIN ISSUES BOTH GLOBALLY AND DOMESTICALLY WE INCURRED SIGNIFICANT DELAYS TO OUR CONSTRUCTION SCHEDULE. WE ALSO INCURRED DELAYS TO OUR PLANNED INFRASTRUCTURE CONSTRUCTION IMPROVEMENTS ON N. WEHE AVENUE WHICH HAS NOW BEEN CARRIED OVER TO THE FOLLOWING FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Jet Richardson
Executive Director
$78,612
Destry Henderson
Vice-President
$0
Andrew Bales
Treasurer
$0
Dorcas Kosgei
Secretary
$0
Andrew Clary
President
$0
Daniel Kosgei
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $84,733
All other contributions, gifts, grants, and similar amounts not included above$704,421
Noncash contributions included in lines 1a–1f $381,961
Total Revenue from Contributions, Gifts, Grants & Similar$789,154
Total Program Service Revenue$1,761,114
Investment income $361
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $774
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $15,532
Miscellaneous Revenue$0
Total Revenue $2,569,320

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Habitat For Humanity International Inc has recieved totaling $235,587.

Awarding OrganizationAmount
3 Rivers Community Foundation

Kennewick, WA

PURPOSE: OPERATIONS

$100,100
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$51,713
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$32,019
Women Helping Women Fund Tri-Cities

Richland, WA

PURPOSE: PROVIDING AN OPPORTUNITY FOR A DECENT AND AFFORDABLE PLACE TO LIVE

$25,000
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: GENERAL SUPPORT

$10,000
Blue Mountain Community Foundation

Walla Walla, WA

PURPOSE: VARIOUS PURPOSES AS APPROVED BY BMCF BOARD

$7,051
View Grant Recipient Profile

Endowment Analysis

Earnings-$2,584
Admin Expense$296
Net Contributions$25,000
Ending Balance$22,120

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