Form 990 for tax year 2024
Filed by HABITAT FOR HUMANITY INTERNATIONAL INC.
Totals
- Total revenue
- $1,128,525
- Total expenses
- $1,426,416
- Contributions and grants received
- $823,638
- Grants paid
- $4,500
- Program service revenue
- $354,862
- Investment income
- $42,809
- Other revenue
- -$92,784
- Total assets, end of year
- $4,508,383
- Total liabilities, end of year
- $525,139
- Net assets or fund balances, end of year
- $3,983,244
- Program services expenses (Part IX)
- $1,136,198
- Management and general expenses
- $102,294
- Fundraising expenses
- $187,924
- Program service expenses (Part III)
- $1,136,198
Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$46,524
-
1e · Government grants (contributions)
$468,451
-
1f · All other contributions, gifts and grants
$308,663
-
1g · Noncash contributions included above
$3,850
-
2a · Program service revenue: Late Fees
total $1,448 · related or exempt $1,448
-
2b · Program service revenue: Loan Disc. Amortization
total $197,156 · related or exempt $197,156
-
2c · Program service revenue: Sale of Homes
total $156,258 · related or exempt $156,258
-
3 · Investment income
total $18,678 · excluded $18,678
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $20,731 · other assets $3,400
-
7c · Gain or loss
securities $20,731 · other assets $3,400
-
7d · Net gain or loss
total $24,131 · related or exempt $24,131
-
8a · Fundraising events: gross income
$11,883
-
8a · Fundraising events: contributions included on line 1c
$46,524
-
8c · Net income from fundraising events
total $11,883
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$445,700
-
10b · Cost of goods sold
$550,367
-
10c · Net income from sales of inventory
total -$104,667 · excluded -$104,667
-
11a · Other revenue: Other Income
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,500 · program services $4,500
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $101,154 · program services $35,404 · management and general $30,346 · fundraising $35,404
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $296,840 · program services $204,739 · management and general $37,487 · fundraising $54,614
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $51,697 · program services $33,719 · management and general $7,468 · fundraising $10,510
-
10 · Payroll taxes
total $27,945 · program services $17,930 · management and general $1,866 · fundraising $8,149
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $76,548 · program services $36,632 · management and general $7,917 · fundraising $31,999
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $39,677 · program services $24,270 · management and general $6,030 · fundraising $9,377
-
17 · Travel
total $4,522 · program services $4,357 · management and general $10 · fundraising $155
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $12,979 · program services $12,979
-
23 · Insurance
total $24,086 · program services $16,053 · management and general $3,144 · fundraising $4,889
-
24a · Other expenses: Home Subsidy
total $497,103 · program services $497,103
-
24b · Other expenses: Cost of homes
total $206,848 · program services $206,848
-
24c · Other expenses: Other
total $30,367 · program services $17,507 · management and general $4,333 · fundraising $8,527
-
24d · Other expenses: Meetings
total $21,526 · program services $2,840 · management and general $731 · fundraising $17,955
-
24e · All other expenses
total $30,624 · program services $21,317 · management and general $2,962 · fundraising $6,345
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $776,852 · end of year $439,430
-
2 · Savings and temporary cash investments
beginning of year $565,672 · end of year $642,129
-
3 · Pledges and grants receivable
beginning of year $134,909 · end of year $51,773
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $2,542,651 · end of year $2,501,876
-
8 · Inventories for sale or use
beginning of year $102,447 · end of year $137,833
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$848,557
-
10b · Land, buildings and equipment: accumulated depreciation
$619,495
-
10c · Land, buildings and equipment, net
beginning of year $204,313 · end of year $229,062
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $550,194 · end of year $506,280
-
17 · Accounts payable and accrued expenses
beginning of year $10,420 · end of year $28,300
-
23 · Secured mortgages and notes payable
beginning of year $254,599 · end of year $228,808
-
25 · Other liabilities
beginning of year $330,884 · end of year $268,031
-
27 · Net assets without donor restrictions
beginning of year $4,095,513 · end of year $3,834,422
-
28 · Net assets with donor restrictions
beginning of year $185,622 · end of year $148,822
Mission and programs · 2024
Mission
Guided by God, Habitat Cabarrus transforms lives and our community by uniting all of Cabarrus County around the cause of decent, affordable housing for everyone.
-
During the year 72 low-income families were served through construction services that included 7 new homes and 65 urgent repair projects. Further, maintained interest free mortgages and provided homeowner services to over 80 homeowners. ReStore sales result from donated merchandise contributed by businesses and individuals interested in Habitat's mission. These expenses represent the cost of producing this revenue. The profits from this activity were used to subsidize construction and operating costs during the year.
Expenses $1,136,198
As filed on the 2024 return.
Listed in Part VII
-
Erica Vaughan
Executive Dir.
- Total calculated
- $101,154
- From this org
- $101,154
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
David Haywood
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Gina Moore
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
George Wise
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chad Tarlton
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Holly Edwards
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Kendricks Hooker
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Katie Morgan
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve Steinbacher
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris Smith
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
David La Franque
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle Steeley
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric Gibbs
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Nick Lovelace
Past Pres
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Habitat for Humanity International Inc
501(c)(3) · Housing · GA
-
501(c)(3)
-
Habitat for Humanity Greater Greensboro
Provenance
- Return type
- form_990
- Tax year
- 2024
- IRS schema version
- 2024v5.2
- Source object
- 202602059349300820
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