Skip to content
Nonprofiteer
← HABITAT FOR HUMANITY INTERNATIONAL INC

Form 990 for tax year 2024

Filed by HABITAT FOR HUMANITY INTERNATIONAL INC.

Totals

Total revenue
$2,269,522
Total expenses
$1,645,423
Contributions and grants received
$2,039,806
Grants paid
$2,500
Program service revenue
$34,071
Investment income
$138,702
Other revenue
$56,943
Total assets, end of year
$7,611,754
Total liabilities, end of year
$4,165,818
Net assets or fund balances, end of year
$3,445,936
Program services expenses (Part IX)
$636,082
Management and general expenses
$770,291
Fundraising expenses
$239,050
Program service expenses (Part III)
$636,082

Program services were 38.7% 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.

  • 1f · All other contributions, gifts and grants

    $2,039,806

  • 1g · Noncash contributions included above

    $712,228

  • 2a · Program service revenue: MORTGAGE DISCOUNT AMOR

    total $34,071 · related or exempt $34,071

  • 3 · Investment income

    total $43,789 · excluded $43,789

  • 6a · Gross rents

    real property $61,200

  • 6b · Less rental expenses

    real property $3,739

  • 6c · Rental income or loss

    real property $57,461

  • 6d · Net rental income or loss

    total $57,461 · related or exempt $57,461

  • 7a · Gross sales of assets other than inventory

    securities $362,706

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

    securities $267,793

  • 7c · Gain or loss

    securities $94,913

  • 7d · Net gain or loss

    total $94,913 · excluded $94,913

  • 10a · Gross sales of inventory

    $626,848

  • 10b · Cost of goods sold

    $627,366

  • 10c · Net income from sales of inventory

    total -$518 · related or exempt -$518

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,500 · program services $2,500

  • 5 · Compensation of officers, directors and key employees

    total $154,794 · program services $17,346 · management and general $112,875 · fundraising $24,573

  • 7 · Other salaries and wages

    total $533,792 · program services $260,109 · management and general $201,473 · fundraising $72,210

  • 8 · Pension plan contributions

    total $17,691 · management and general $17,691

  • 10 · Payroll taxes

    total $55,310 · program services $23,568 · management and general $24,170 · fundraising $7,572

  • 11b · Fees: legal

    total $2,488 · management and general $2,488

  • 11c · Fees: accounting

    total $38,000 · management and general $38,000

  • 11f · Fees: investment management

    total $12,570 · management and general $12,570

  • 11g · Fees: other

    total $57,410 · program services $342 · management and general $57,068

  • 12 · Advertising and promotion

    total $12,415 · program services $341 · management and general $10,140 · fundraising $1,934

  • 13 · Office expenses

    total $52,593 · program services $8,007 · management and general $6,950 · fundraising $37,636

  • 14 · Information technology

    total $40,198 · management and general $40,198

  • 16 · Occupancy

    total $265,180 · program services $232,660 · management and general $29,742 · fundraising $2,778

  • 19 · Conferences, conventions and meetings

    total $5,738 · management and general $5,738

  • 20 · Interest

    total $67,101 · management and general $67,101

  • 22 · Depreciation, depletion and amortization

    total $40,805 · management and general $40,805

  • 23 · Insurance

    total $70,798 · management and general $70,798

  • 24a · Other expenses: FUNDRAISER

    total $82,084 · fundraising $82,084

  • 24b · Other expenses: REPAIRS

    total $34,584 · program services $27,002 · management and general $7,582

  • 24c · Other expenses: VEHICLES AND MILEAGE

    total $21,543 · program services $10,778 · management and general $10,765

  • 24d · Other expenses: CREDIT CARD FEES

    total $19,669 · program services $19,669

  • 24e · All other expenses

    total $58,160 · program services $33,760 · management and general $14,137 · fundraising $10,263

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $771,262 · end of year $579,432

  • 2 · Savings and temporary cash investments

    beginning of year $151,256 · end of year $159,778

  • 7 · Other notes and loans receivable

    beginning of year $324,721 · end of year $284,866

  • 8 · Inventories for sale or use

    beginning of year $3,906,451 · end of year $4,835,416

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

    $633,710

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

    $245,369

  • 10c · Land, buildings and equipment, net

    beginning of year $544,755 · end of year $388,341

  • 11 · Investments: publicly traded securities

    beginning of year $1,476,955 · end of year $1,222,025

  • 15 · Other assets

    beginning of year $297,323 · end of year $141,896

  • 17 · Accounts payable and accrued expenses

    beginning of year $324,635 · end of year $82,959

  • 19 · Deferred revenue

    beginning of year $2,365,562 · end of year $2,365,562

  • 21 · Escrow or custodial account liability

    beginning of year $35,179 · end of year $42,813

  • 23 · Secured mortgages and notes payable

    beginning of year $1,649,316 · end of year $1,535,097

  • 25 · Other liabilities

    beginning of year $271,114 · end of year $139,387

  • 27 · Net assets without donor restrictions

    beginning of year $2,248,679 · end of year $3,173,453

  • 28 · Net assets with donor restrictions

    beginning of year $578,238 · end of year $272,483

Mission and programs · 2024

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY FOR SAN LUIS OBISPO BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.

Activities or mission (Part I)

HABITAT FOR HUMANITY FOR SAN LUIS OBISPO COUNTY BUILDS HOMES AND REVITALIZES COMMUNITIES.

  • HABITAT FOR HUMANITY SAN LUIS OBISPO COUNTY CONSTRUCTS AFFORDABLE, ENERGY-EFFICIENT HOMES FOR INCOME-QUALIFIED FAMILIES IN SAN LUIS OBISPO COUNTY, CALIFORNIA. HOMES ARE SOLD AT NO PROFIT TO PARTNER FAMILIES WHO CONTRIBUTE SWEAT EQUITY HOURS AND PURCHASE THEIR HOMES THROUGH AFFORDABLE MORTGAGES. THE ORGANIZATION MANAGES ALL PHASES OF DEVELOPMENT, INCLUDING SITE ACQUISITION, DESIGN, PERMITTING, CONSTRUCTION, AND HOMEBUYER PREPARATION. PROGRAM ACTIVITIES ADDRESS THE SEVERE SHORTAGE OF AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES IN ONE OF CALIFORNIA'S MOST HOUSING-COST-BURDENED REGIONS.

    Expenses $63,647 · Revenue $91,532

  • THE ORGANIZATION OPERATES TWO HABITAT RESTORE RETAIL LOCATIONS IN THE CITIES OF SAN LUIS OBISPO AND PASO ROBLES WHICH ACCEPT DONATIONS OF NEW AND GENTLY USED BUILDING MATERIALS, APPLIANCES, FURNITURE, AND HOME GOODS AND RESELL THEM TO THE PUBLIC AT REDUCED PRICES. RESTORE OPERATIONS DIVERT USABLE MATERIALS FROM LOCAL LANDFILLS, PROVIDE AFFORDABLE HOME IMPROVEMENT RESOURCES TO THE COMMUNITY, AND GENERATE REVENUE THAT DIRECTLY SUPPORTS HABITAT SLO'S AFFORDABLE HOUSING PROGRAMS.

    Expenses $569,935 · Revenue -$518

  • HABITAT SLO'S HOME PRESERVATION PROGRAM PROVIDES CRITICAL REPAIR AND REHABILITATION SERVICES TO LOW-INCOME HOMEOWNERS, SENIORS, VETERANS, AND INDIVIDUALS WITH DISABILITIES IN SAN LUIS OBISPO COUNTY WHO ARE UNABLE TO MAINTAIN SAFE, DECENT HOUSING CONDITIONS. SERVICES INCLUDE ACCESSIBILITY MODIFICATIONS, WEATHERIZATION, PLUMBING AND ELECTRICAL REPAIRS, AND OTHER CRITICAL HOME IMPROVEMENTS. THE PROGRAM ENABLES VULNERABLE RESIDENTS TO REMAIN SAFELY IN THEIR HOMES AND SUPPORTS THE LONG-TERM STABILITY OF EXISTING AFFORDABLE HOUSING STOCK IN THE COUNTY.

  • PROVIDED A CONTRIBUTION TO HABITAT FOR HUMANITY INTERNATIONAL (HFHI) TO CREATE A SUSTAINABLE REVENUE STREAM TO HELP FINANCE A PORTION OF OPERATIONAL COSTS INCURRED BY HFHI TO SUPPORT THE WORK OF HABITAT AFFILIATES.

    Expenses $2,500 · Grants $2,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Truitt Vance

    CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • Jim Duffy

    CHAIR - PART YEAR

    Total calculated
    $0
    Hours/week
    0.3

  • Tricia Hamachai

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • Jessica Steely

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.3

  • Ranelle Baldwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Kraig Crozier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Michele Good

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Marty Indvik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Kristin Inman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Marty Mohamed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Shawn Mulqueeney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Dan Parker King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Bryan Ridley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • Nicholas Rasmussen

    CEO - PART YEAR

    Total calculated
    $173,366
    From this org
    $161,659
    From related orgs
    $0
    Other
    $11,707
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,659
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,707
    Filer's total
    $173,366

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
A PERFORMANCE REVIEW IS CONDUCTED FOR THE CHIEF EXECUTIVE OFFICER ANNUALLY THAT INCLUDES A SALARY EVALUATION AND POSSIBLE INCREASE DETERMINATION BASED ON PERFORMANCE THAT WAS APPROVED BY THE BOARD OF DIRECTORS. BASELINE FOR THE CHIEF EXECUTIVE OFFICER'S SALARY AND COMPENSATION PACKAGES WAS DETERMINED THROUGH INFORMATION OBTAINED FROM OTHER HABITAT AFFILIATES OF SIMILIAR SIZE AND ACTIVITY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 May 2026
IRS schema version
2024v5.5
Source object
202611329349307371

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.