Habitat For Humanity International Inc
- Assets
- $4.4m
- Revenue
- $2.3m
- Investments
- $785.7k
- Employees
- 0
- Location
- Oak Harbor, WA
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 91-1882362
Organization Overview
Habitat For Humanity International Inc is located in Oak Harbor, 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. 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 $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 8.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM: DURING FISCAL YEAR 2021, HFHIC SERVED 15 INDIVIDUALS THROUGH ITS HOMEOWNERSHIP PROGRAM INCLUDING 7 ADULTS AND 8 CHILDREN. FOUR INDIVIDUALS LIVE WITH DISABILITY. ONE NEWLY CONSTRUCTED HOME AND ONE RECYCLED HOME WERE SOLD TO HOMEBUYERS. HOME PRESERVATION PROGRAM: HFHIC'S HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW-TO MODERATE-INCOME HOMEOWNERS.DURING FISCAL YEAR 2021,HFHIC ACCEPTED 5 HOMEOWNERS TO PARTNER WITH TO PROVIDE CRITICAL HOME REPAIRS. REPAIRS INCLUDE ROOF REPAIR/REPLACEMENT, WINDOW REPLACEMENT, STEPS RAMPS AND PORCH REPAIR/REPLACEMENT, ELECTRICAL, PLUMBING, AND OTHER CRITICAL NEEDS. AGING IN PLACE PROGRAM: HFHIC ADVOCATED FOR, APPLIED AND SECURED FUNDING TO PROVIDE AGING IN PLACE SUPPORTS TO LOW-INCOME SENIORS DURING FISCAL YEARS 2022-2024. COMMUNITY PARTNERSHIPS WERE ESTABLISHED TO STREAMLINE THE APPLICATION AND SELECTION PROCESS. EDUCATION: DURING FISCAL YEAR 2021, HFHIC PROVIDED ONGOING HOMEBUYER EDUCATION TO 7 PROGRAM PARTICAPANTS IN THE AREAS OF: FINANCE, BUDGETING, UNDERSTANDING PURCHASE AND SALE AGREEMENTS, THE ESCROW AND CLOSING PROCESS, UNDERSTANDING LAND LEASES, INTRO TO MORTGAGES, AND UNDERSTANDING DEEDS & PROMISSORY NOTES.
SELLING DONATED FURNITURE TO PROVIDE FUNDING FOR CONSTRUCTION OF AFFORDABLE HOUSING FOR ECONOMICALLY DISADVANTAGED PEOPLE ON FOVORABLE ECONOMIC TERMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Orin Kolaitis Exec Dir/ceo | Trustee | 40 | $81,024 |
Gary Wray President | OfficerTrustee | 2 | $0 |
Jason Joiner Vice Chairperson | OfficerTrustee | 1 | $0 |
Carrie Potter Treasurer | OfficerTrustee | 1 | $0 |
Jenny Hunt Secretary | OfficerTrustee | 1 | $0 |
Melissa Mccumber Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $187,311 |
| All other contributions, gifts, grants, and similar amounts not included above | $367,180 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $554,491 |
| Total Program Service Revenue | $696,292 |
| Investment income | $669 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,260 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,666 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,034,060 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,320,614 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $638,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209,239 |
| Payroll taxes | $61,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,728 |
| Fees for services: Accounting | $43,849 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $425 |
| Advertising and promotion | $26,784 |
| Office expenses | $24,149 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $169,438 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,529 |
| Interest | $8,305 |
| Payments to affiliates | $5,000 |
| Depreciation, depletion, and amortization | $22,269 |
| Insurance | $45,581 |
| All other expenses | $180,265 |
| Total functional expenses | $2,150,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,040 |
| Savings and temporary cash investments | $487,886 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $288,580 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,100,073 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $785,722 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $606,798 |
| Total assets | $4,418,980 |
| Accounts payable and accrued expenses | $144,208 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,019,092 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,163,300 |
| Net assets without donor restrictions | $3,255,680 |
| 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 | $4,418,980 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Habitat For Humanity International Inc has recieved totaling $55,145.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $54,545 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Coast Community Action Coos Bay, OR | $16,109,030 | $18,585,692 |
Habitat For Humanity Portland Metro East Portland, OR | $35,667,707 | $17,313,274 |
Oregon Affordable Housing Assistance Corporation Salem, OR | $27,410,918 | $14,226,353 |
Habitat For Humanity International Renton, WA | $48,435,558 | $16,565,200 |
Umpqua Community Development Corporation Roseburg, OR | $52,044,965 | $9,776,284 |
Northwest Real Estate Capital Corporation Boise, ID | $42,438,639 | $10,028,848 |
Bienestar Inc Hillsboro, OR | $44,494,101 | $8,073,400 |
Sequoia Mental Health Services Inc Beaverton, OR | $13,233,092 | $9,043,542 |
Habitat For Humanity International Inc Spokane, WA | $8,447,142 | $6,994,226 |
Homestead Community Land Trust Seattle, WA | $27,329,923 | $6,114,332 |
Network For Oregon Affordable Housing Portland, OR | $195,654,493 | $8,548,248 |
Catholic Charities Housing Services Diocese Of Yakima Yakima, WA | $29,693,210 | $6,976,540 |