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← HABITAT FOR HUMANITY INTERNATIONAL INC

Form 990 for tax year 2022

Filed by HABITAT FOR HUMANITY INTERNATIONAL INC.

Totals

Total revenue
$1,463,220
Total expenses
$1,972,212
Contributions and grants received
$1,503,211
Grants paid
$0
Program service revenue
$130,261
Investment income
-$203,490
Other revenue
$33,238
Total assets, end of year
$4,734,887
Total liabilities, end of year
$1,696,315
Net assets or fund balances, end of year
$3,038,572
Program services expenses (Part IX)
$1,590,055
Management and general expenses
$171,821
Fundraising expenses
$210,336
Program service expenses (Part III)
$1,590,055

Program services were 80.6% 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.

  • 1e · Government grants (contributions)

    $1,121,373

  • 1f · All other contributions, gifts and grants

    $381,838

  • 2a · Program service revenue: Rental income

    total $91,133 · related or exempt $91,133

  • 2b · Program service revenue: Mortgage discount amortization

    total $39,128 · related or exempt $39,128

  • 3 · Investment income

    total $53 · excluded $53

  • 7a · Gross sales of assets other than inventory

    other assets $699,200

  • 7b · Less cost or other basis and sales expenses

    other assets $902,743

  • 7c · Gain or loss

    other assets -$203,543

  • 7d · Net gain or loss

    total -$203,543 · excluded -$203,543

  • 10a · Gross sales of inventory

    $389,663

  • 10b · Cost of goods sold

    $361,413

  • 10c · Net income from sales of inventory

    total $28,250 · related or exempt $28,250

  • 11a · Other revenue: Miscellaneous income

    total $4,988 · related or exempt $4,988

  • 11e · Other revenue, total

    $4,988

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $118,048 · program services $76,088 · management and general $10,695 · fundraising $31,265

  • 7 · Other salaries and wages

    total $447,615 · program services $288,510 · management and general $40,555 · fundraising $118,550

  • 9 · Other employee benefits

    total $66,965 · program services $34,067 · management and general $18,861 · fundraising $14,037

  • 10 · Payroll taxes

    total $45,592 · program services $29,394 · management and general $4,275 · fundraising $11,923

  • 11b · Fees: legal

    total $464 · program services $60 · management and general $404

  • 11c · Fees: accounting

    total $77,103 · program services $34,422 · management and general $35,796 · fundraising $6,885

  • 11g · Fees: other

    total $464,873 · program services $464,873

  • 12 · Advertising and promotion

    total $29 · fundraising $29

  • 13 · Office expenses

    total $77,910 · program services $58,694 · management and general $11,072 · fundraising $8,144

  • 16 · Occupancy

    total $109,034 · program services $99,754 · management and general $6,229 · fundraising $3,051

  • 17 · Travel

    total $895 · management and general $895

  • 19 · Conferences, conventions and meetings

    total $598 · fundraising $598

  • 20 · Interest

    total $61,877 · program services $42,917 · management and general $18,960

  • 21 · Payments to affiliates

    total $26,880 · program services $8,705 · management and general $13,200 · fundraising $4,975

  • 22 · Depreciation, depletion and amortization

    total $52,344 · program services $52,344

  • 23 · Insurance

    total $72,783 · program services $51,025 · management and general $10,879 · fundraising $10,879

  • 24a · Other expenses: Construction expenses

    total $342,326 · program services $342,326

  • 24b · Other expenses: HOA dues

    total $6,876 · program services $6,876

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,501 · end of year $51,534

  • 2 · Savings and temporary cash investments

    beginning of year $668,348 · end of year $67,222

  • 4 · Accounts receivable

    beginning of year $0 · end of year $67,461

  • 7 · Other notes and loans receivable

    beginning of year $345,649 · end of year $305,205

  • 8 · Inventories for sale or use

    beginning of year $1,249 · end of year $1,407

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,938 · end of year $8,125

  • 10a · Land, buildings and equipment: cost or other basis

    $4,377,739

  • 10b · Land, buildings and equipment: accumulated depreciation

    $294,038

  • 10c · Land, buildings and equipment, net

    beginning of year $4,923,139 · end of year $4,083,701

  • 15 · Other assets

    beginning of year $7,989 · end of year $150,232

  • 17 · Accounts payable and accrued expenses

    beginning of year $326,493 · end of year $137,816

  • 19 · Deferred revenue

    beginning of year $393,317 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year -$5,289 · end of year $3,337

  • 24 · Unsecured notes and loans payable

    beginning of year $1,334,016 · end of year $1,012,252

  • 25 · Other liabilities

    beginning of year $368,712 · end of year $542,910

  • 27 · Net assets without donor restrictions

    beginning of year $2,364,781 · end of year $1,855,789

  • 28 · Net assets with donor restrictions

    beginning of year $1,182,783 · end of year $1,182,783

Mission and programs · 2022

Mission

Habitat for Humanity of Boulder Valley works to create decent, affordable housing in partnership with those in need and to make shelter a matter of conscience with people everywhere.

Activities or mission (Part I)

Create decent affordable housing for those in need and make shelter a matter of conscience.

  • Flatirons Habitat for Humanity (FHFH) constructs homes for low-income families. Each home is sold to a low-income family that partnered with FHFH through investment of "sweat equity" in their home. Home ownership for all Flatirons Habitat families is facilitated through the use of low interest mortgages. The cost of Habitat homes is reduced through the use of volunteer labor and homes are sold to the homeowners at no profit to Habitat. FHFH subsidizes the construction and family services operating costs necessary to build its homes.

    Expenses $1,251,639 · Revenue $33,238

  • Flatirons Habitat for Humanity (FHFH) provides zero interest mortgages to its homeowners when new mortgages are set up. Historically, these mortgages were discounted at an interest rate set by the affiliate based on Habitat International, other local affiliates, the 30-year interest rate and the perceived risk of the affiliate's mortgage holders. As homeowner pay down their mortgages, FHFH recognizes income from mortgage discount amortization. In recent year, FHFH has partnered with a local bank to provide affordable mortgages wherein the bank is the lender. FHFH receives proceeds at the time of the home sale.

    Expenses $177,144 · Revenue $39,128

  • Flatirons Habitat for Humanity (FHFH) meet the huge need for affordable housing, both rental and ownership in our affiliate service area, the organization offers rental units to low-income families and older adults in partnership with Broomfield Human Services, other local nonprofits, and for our partner families who experience housing instability while working to purchase their homes.

    Expenses $161,272 · Revenue $91,133

As filed on the 2022 return.

Listed in Part VII

  • Bruce Hoelter

    President

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Susan Chrisman

    Vice President

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Scott Aylor

    Treasurer

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Anmarie Jensen

    Secretary

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • John Bosio

    Director

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Michael DePalma

    Director

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Kristina Knight

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Christina Surprenant

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Kevin Knapp

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Susan Lythgoe

    Executive Director

    Total calculated
    $114,191
    From this org
    $102,486
    From related orgs
    $0
    Other
    $11,705
    Hours/week
    40 + 2 related

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.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2024
IRS schema version
2022v5.0
Source object
202431349349301993

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