Skip to content
Nonprofiteer
← HABITAT FOR HUMANITY INTERNATIONAL INC

Form 990 for tax year 2023

Filed by HABITAT FOR HUMANITY INTERNATIONAL INC.

Totals

Total revenue
$1,889,225
Total expenses
$1,342,947
Contributions and grants received
$1,517,893
Grants paid
$0
Program service revenue
$253,555
Investment income
$4,911
Other revenue
$112,866
Total assets, end of year
$2,890,654
Total liabilities, end of year
$287,988
Net assets or fund balances, end of year
$2,602,666
Program services expenses (Part IX)
$1,162,133
Management and general expenses
$160,685
Fundraising expenses
$20,129
Program service expenses (Part III)
$1,162,133

Program services were 86.5% 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)

    $303,019

  • 1f · All other contributions, gifts and grants

    $1,214,874

  • 1g · Noncash contributions included above

    $401,288

  • 2a · Program service revenue: SALES OF HOMES

    total $192,000 · related or exempt $192,000

  • 2b · Program service revenue: AMORTIZED MORTGAGE DISCOUNT

    total $61,555 · related or exempt $61,555

  • 3 · Investment income

    total $4,911 · related or exempt $4,911

  • 8a · Fundraising events: gross income

    $130,836

  • 8b · Fundraising events: direct expenses

    $67,910

  • 8c · Net income from fundraising events

    total $62,926 · excluded $62,926

  • 10a · Gross sales of inventory

    $427,553

  • 10b · Cost of goods sold

    $377,613

  • 10c · Net income from sales of inventory

    total $49,940 · unrelated business $49,940

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $91,111 · program services $71,067 · management and general $20,044

  • 7 · Other salaries and wages

    total $353,306 · program services $275,578 · management and general $77,728

  • 10 · Payroll taxes

    total $46,368 · program services $36,167 · management and general $10,201

  • 11c · Fees: accounting

    total $14,312 · program services $7,156 · management and general $7,156

  • 11g · Fees: other

    total $90,296 · program services $67,722 · management and general $9,030 · fundraising $13,544

  • 12 · Advertising and promotion

    total $6,361 · program services $6,361

  • 13 · Office expenses

    total $30,330 · program services $10,620 · management and general $15,165 · fundraising $4,545

  • 16 · Occupancy

    total $118,879 · program services $118,879

  • 17 · Travel

    total $571 · management and general $571

  • 21 · Payments to affiliates

    total $17,000 · program services $17,000

  • 22 · Depreciation, depletion and amortization

    total $10,616 · program services $10,616

  • 23 · Insurance

    total $31,871 · program services $21,095 · management and general $10,776

  • 24a · Other expenses: HOME CONSTRUCTION COSTS

    total $184,753 · program services $184,753

  • 24b · Other expenses: CRITICAL HOME REPAIR EXP

    total $139,695 · program services $139,695

  • 24c · Other expenses: MORTGAGE DISCOUNT EXPENSE

    total $103,898 · program services $103,898

  • 24d · Other expenses: INSURANCE

    total $19,499 · program services $19,499

  • 24e · All other expenses

    total $84,081 · program services $72,027 · management and general $10,014 · fundraising $2,040

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,166 · end of year $241,429

  • 2 · Savings and temporary cash investments

    beginning of year $374,090 · end of year $389,004

  • 4 · Accounts receivable

    beginning of year $224,790 · end of year $352,592

  • 7 · Other notes and loans receivable

    beginning of year $769,075 · end of year $811,406

  • 8 · Inventories for sale or use

    beginning of year $96,519 · end of year $107,852

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,364 · end of year $24,976

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

    $233,013

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

    $206,189

  • 10c · Land, buildings and equipment, net

    beginning of year $37,440 · end of year $26,824

  • 11 · Investments: publicly traded securities

    beginning of year $19,029 · end of year $20,431

  • 15 · Other assets

    beginning of year $586,539 · end of year $916,140

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,352 · end of year $55,332

  • 19 · Deferred revenue

    beginning of year $29,968 · end of year $25,446

  • 25 · Other liabilities

    beginning of year $188,304 · end of year $207,210

  • 27 · Net assets without donor restrictions

    beginning of year $1,871,514 · end of year $2,373,502

  • 28 · Net assets with donor restrictions

    beginning of year $184,874 · end of year $229,164

Mission and programs · 2023

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMINITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE, HABITAT FOR HUMANITY NORTH CENTRAL ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.

Activities or mission (Part I)

HABITAT FOR HUMANITY IS A NON-PROFIT HOUSING MINISTRY THAT SEEKS TO BE A PARTNER AND CATALYST IN BUILDING COMMUNITIES WHERE EVERYONE HAS THE OPPORTUNITY TO THRIVE. WE BELIEVE OUR MODEL OF SERVICE CAPITAL, NOT CHARITY, CO-WORKERS AND NOT CASE WORKERS PROVIDES A STRENGTH-BASED APPROACH THAT ENHANCES THE CAPABILITIES OF FAMILIES, ENCOURAGING THEM TO DRAW ON THEIR OWN SELF DETERMINATION AND STRENGTHS. WE BELIEVE THAT FAMILIES WHO INVEST IN THEMSELVES THROUGH FINANCIAL EDUCATION AND SWEAT EQUITY IN THE CONSTRUCTION OF THEIR OWN HOMES TRANSFORM THEIR LIVES AND THE LIVES OF THEIR CHILDREN FOR THE BETTER. OUR FAMILIES ARE REQUIRED TO INVEST 200-350 HOURS OF SWEAT EQUITY INTO HABITAT PROGRAMS. THE OWNER AND FAMILIES ARE ALSO REQUIRED TO COMPLETE CERTAIN HOMEOWNERSHIP READINESS CLASSES BEFORE PURCHASING THEIR HABITAT HOMES, AS THE MORTGAGE HOLDER HABITAT OF NORTH CENTRAL MASSACHUSETTS IS ABLE TO PROVIDE A 0% INTEREST MORTGAGE LOAN.

  • FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE ADN AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGHT TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLICANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS, INSTEAD OF HINDERS, HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNIITES, BOLSTERING JOB OPPORTUNIITIES AND CAREER GROWTH. DURING FISCAL YEAR 2024, HABITAT FOR HUMANITY NORTH CENTRAL SERVED MANY PEOPLE THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.

    Expenses $773,913 · Revenue $681,108

  • THE ORGANIZATION OPERATES A RESTORE. THE STORE RECEIVES DONATED BUILDING MATERIALS AND SUPPLIES FROM CONTRACTORS THAT WOULD NORMALLY BE DISPOSED OF AT THE END OF CONSTRUCTION. WE ALSO RECEIVE DONATIONS OF FURNITURE AND HOUSEHOLD GOODS FROM INDIVIDUALS. THESE ITEMS ARE SUBSEQUENTLY RESOLD TO GENERATE FUNDS IN ORDER TO PROVIDE RESOURCES TO CONTINUE OUR AFFORDABLE HOME BUILDING PROCESS.

    Expenses $388,220 · Revenue $693,141

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carolyn Read

    EXECUTIVE DI

    Total calculated
    $85,990
    From this org
    $85,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lynn Devin Ashe

    SECRETARY/CL

    Total calculated
    $0

  • Jim Darcangelo

    DIRECTOR

    Total calculated
    $0

  • Thomas Dufault

    PRESIDENT

    Total calculated
    $0

  • Brieanna Kelley

    VICE PRESIDE

    Total calculated
    $0

  • Steven Ledoux

    DIRECTOR

    Total calculated
    $0

  • Bea Lee

    DIRECTOR

    Total calculated
    $0

  • Curt Logee

    DIRECTOR

    Total calculated
    $0

  • Craig Madonia

    TREASURER

    Total calculated
    $0

  • Brian Marchetti

    DIRECTOR

    Total calculated
    $0

  • Vish Mazumder

    DIRECTOR

    Total calculated
    $0

  • Kevin O'Brien

    DIRECTOR

    Total calculated
    $0

  • Zulimar Ramirez

    DIRECTOR

    Total calculated
    $0

  • Jean Rubin

    DIRECTOR

    Total calculated
    $0

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.

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.0
Source object
202423199349307477

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.