Skip to content
Nonprofiteer
← HABITAT FOR HUMANITY INTERNATIONAL INC

Form 990 for tax year 2022

Filed by HABITAT FOR HUMANITY INTERNATIONAL INC.

Totals

Total revenue
$5,061,516
Total expenses
$4,294,472
Contributions and grants received
$987,622
Grants paid
$38,400
Program service revenue
$1,872,190
Investment income
$1,175,411
Other revenue
$1,026,293
Total assets, end of year
$10,695,737
Total liabilities, end of year
$1,442,980
Net assets or fund balances, end of year
$9,252,757
Program services expenses (Part IX)
$3,859,480
Management and general expenses
$296,486
Fundraising expenses
$138,506
Program service expenses (Part III)
$3,859,480

Program services were 89.9% 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

    $144,924

  • 1f · All other contributions, gifts and grants

    $842,698

  • 1g · Noncash contributions included above

    $290,638

  • 2a · Program service revenue: HOME SALES

    total $1,730,023 · related or exempt $1,730,023

  • 2b · Program service revenue: MORTGAGE DISCOUNT

    total $142,167 · related or exempt $142,167

  • 3 · Investment income

    total $34,200 · excluded $34,200

  • 7a · Gross sales of assets other than inventory

    other assets $1,749,611

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

    other assets $608,400

  • 7c · Gain or loss

    other assets $1,141,211

  • 7d · Net gain or loss

    total $1,141,211 · excluded $1,141,211

  • 8a · Fundraising events: gross income

    $9,238

  • 8a · Fundraising events: contributions included on line 1c

    $144,924

  • 8b · Fundraising events: direct expenses

    $9,238

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $1,054,961

  • 10b · Cost of goods sold

    $28,668

  • 10c · Net income from sales of inventory

    total $1,026,293 · related or exempt $1,026,293

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $38,400 · program services $38,400

  • 5 · Compensation of officers, directors and key employees

    total $130,292 · program services $65,146 · management and general $32,573 · fundraising $32,573

  • 7 · Other salaries and wages

    total $927,709 · program services $732,048 · management and general $123,872 · fundraising $71,789

  • 8 · Pension plan contributions

    total $16,323 · program services $10,625 · management and general $3,768 · fundraising $1,930

  • 9 · Other employee benefits

    total $26,015 · program services $18,526 · management and general $5,751 · fundraising $1,738

  • 10 · Payroll taxes

    total $89,046 · program services $69,187 · management and general $11,205 · fundraising $8,654

  • 11b · Fees: legal

    total $6,280 · management and general $6,280

  • 11c · Fees: accounting

    total $15,300 · management and general $15,300

  • 11f · Fees: investment management

    total $3,680 · program services $3,680

  • 11g · Fees: other

    total $36,089 · program services $34,657 · management and general $1,432

  • 12 · Advertising and promotion

    total $33,216 · program services $16,738 · management and general $7,438 · fundraising $9,040

  • 13 · Office expenses

    total $102,093 · program services $55,716 · management and general $42,863 · fundraising $3,514

  • 17 · Travel

    total $6,841 · program services $3,109 · management and general $3,573 · fundraising $159

  • 20 · Interest

    total $26,326 · program services $26,326

  • 22 · Depreciation, depletion and amortization

    total $77,511 · program services $64,280 · management and general $7,561 · fundraising $5,670

  • 23 · Insurance

    total $76,136 · program services $69,527 · management and general $4,811 · fundraising $1,798

  • 24a · Other expenses: CONSTRUCTION COSTS

    total $1,401,784 · program services $1,401,784

  • 24b · Other expenses: MORTGAGE DISCOUNT

    total $1,065,653 · program services $1,065,653

  • 24c · Other expenses: UTILITIES

    total $64,583 · program services $47,800 · management and general $16,783

  • 24d · Other expenses: VEHICLE EXPENSES

    total $42,225 · program services $42,225

  • 24e · All other expenses

    total $108,970 · program services $94,053 · management and general $13,276 · fundraising $1,641

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,924,672 · end of year $1,679,776

  • 2 · Savings and temporary cash investments

    beginning of year $320,304 · end of year $1,187

  • 3 · Pledges and grants receivable

    beginning of year $199,927 · end of year $1,250

  • 7 · Other notes and loans receivable

    beginning of year $1,902,273 · end of year $1,942,435

  • 8 · Inventories for sale or use

    beginning of year $2,233,646 · end of year $4,196,320

  • 9 · Prepaid expenses and deferred charges

    beginning of year $65,951 · end of year $123,734

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

    $2,116,771

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

    $616,648

  • 10c · Land, buildings and equipment, net

    beginning of year $1,492,191 · end of year $1,500,123

  • 11 · Investments: publicly traded securities

    beginning of year $332,750 · end of year $977,045

  • 12 · Investments: other securities

    beginning of year $112,457 · end of year $251,123

  • 15 · Other assets

    beginning of year $0 · end of year $22,744

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,770 · end of year $161,470

  • 19 · Deferred revenue

    beginning of year $16,739 · end of year $17,202

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,264,308

  • 27 · Net assets without donor restrictions

    beginning of year $8,271,735 · end of year $9,252,757

  • 28 · Net assets with donor restrictions

    beginning of year $199,927 · end of year $0

Mission and programs · 2022

Mission

PROVIDE LOW INCOME HOUSING TO QUALIFIED INDIVIDUALS IN THE LOVELAND COLORADO AREA.

Activities or mission (Part I)

THROUGH SHELTER, LOVELAND HABITAT FOR HUMANITY BUILDS STRENGTH, STABILITY AND SELF-RELIANCE FOR INDIVIDUALS AND FAMILIES IN OUR COMMUNITY. WE HAVE A VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. IN PARTNERSHIP WITH DONORS, VOLUNTEERS AND PARTNER FAMILIES, LOVELAND HABITAT BUILDS HOMES TO IMPROVE AND EMPOWER THOSE WE SERVE. OUR AFFILIATE IS AN INDEPENDENTLY OPERATED AND GOVERNED ENTITY RESPONSIBLE FOR RAISING FUNDS TO SUPPORT OUR COMMUNITY. AS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, WE HELP ADVANCE THE MISSION TO PUT GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. WE ADHERE TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT BASE ANY OFFER OF ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE ADHERE OR CONVERT TO A PARTICULAR FAITH.

  • HOME CONSTRUCTION: LOVELAND HABITAT FOR HUMANITY BUILDS SAFE, DECENT, AND AFFORDABLE HOMES FOR QUALIFIED HOMEBUYERS WHO EARN BETWEEN 35%-69% OF THE ANNUAL AREA MEDIAN INCOME AS DEFINED BY HUD. OUR HOME CONSTRUCTION PROGRAM ALLOWS FOR INDIVIDUALS AND FAMILIES TO IMPROVE THEIR LIVING CONDITIONS, INVEST IN THE COMMUNITY, AND PROVIDE FOR FUTURE GROWTH. SINCE 1987, LHFH HAS SERVED MORE THAN 171 HOMEBUYERS THROUGH THE HOME CONSTRUCTION PROGRAM. BETWEEN JULY 1, 2022, AND JUNE 30, 2023, LHFH SOLD NEWLY CONSTRUCTED HOMES TO 6 QUALIFIED FAMILIES. HOME FINANCING PROGRAM: LOVELAND HABITAT FOR HUMANITY SERVICES A MORTGAGE PORTFOLIO OF 34 MORTGAGES. THESE MORTGAGES BELONG TO HOMEOWNERS WHO HAVE PARTICIPATED IN THE HOMEOWNERSHIP EDUCATION PROGRAM. EACH MORTGAGE HOLDER ALSO INVESTS UP TO 250 HOURS OF SWEAT EQUITY AS A PARTICIPANT IN THE HOMEOWNERSHIP PROGRAM BEFORE QUALIFYING TO PURCHASE THEIR HOME. HOMES ARE SOLD TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES WHO INCOME QUALIFY FOR THE LHFH PROGRAM. MORTGAGES ARE STRUCTURED SO THAT FAMILIES PAY 30% OF THEIR MONTHLY INCOME TOWARD HOUSING COSTS. LHFH OFFERS A ZERO PERCENT INTEREST ON THESE LOANS. FINANCIAL AND HOMEBUYER EDUCATION PROGRAMS: AS A PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG TERM SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH TO HOMEOWNERSHIP. DURING THE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS LIKE BUDGETING, UNDERSTANDING AND MANAGING CREDIT, DEBT AND LOANS, SAVINGS, INVESTING AND PLANNING FOR THE FUTURE, AND UNDERSTANDING HABITAT MORTGAGES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. OVERALL, LOVELAND HABITAT FOR HUMANITY HAS CONDUCTED MORE THAN 40 FINANCIAL AND HOMEBUYER WORKSHOPS IN PERSON AND ONLINE DURING FY 2023.

    Expenses $3,098,730 · Grants $38,400 · Revenue $1,872,190

  • LOVELAND HABITAT FOR HUMANITY RESTORE: LOVELAND HABITAT RESTORE IS A HOME GOODS STORE SUPPORTED BY LOCAL DONATIONS AND SMALL AMOUNTS OF NEWLY PURCHASED PRODUCT THAT ARE THEN SOLD TO THE PUBLIC AT REDUCED PRICES. BY SELLING MOSTLY GENTLY USED ITEMS, LHFH RESTORE REDUCES LANDFILL BURDEN, PROVIDES EMPLOYMENT OPPORTUNITIES, AND ENCOURAGES VOLUNTEERISM THROUGH ITS STOREFRONT OPERATION. DURING THE FISCAL YEAR, LHFH RESTORE HELPED DIVERT 564 TONS OF WASTE OUT OF THE LANDFILL, EMPLOYED 13 STAFF, HOSTED OVER 400 VOLUNTEERS, AND PROVIDED AFFORDABLE HOME GOODS TO OVER 60,000 SHOPPERS. FUNDS GENERATED THROUGH THE SALE OF DONATED ITEMS WORK TOGETHER WITH OTHER REVENUE GENERATING PROGRAMS HELPED TO BUILD 6 NEW HABITAT HOMES IN FY 2023. COMMUNITY ENGAGEMENT: WE WORK WITH A WIDE RANGE OF COMMUNITY PARTNERS TO CREATE, PRESERVE, AND PROMOTE AFFORDABLE HOUSING. NUMEROUS VOLUNTEERS CONTRIBUTE TO ALL PHASES OF OUR MISSION WORK. MORE THAN 800 VOLUNTEERS CONTRIBUTED MORE THAN 23,000 HOURS TO OUR PROGRAM THIS PAST YEAR.

    Expenses $760,750 · Revenue $1,026,293

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • KYLE ARCHER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • JOHN FEENEY

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • MARIA CABRERA

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • DR JANE BREWER

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • MIKE URBOM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PASTOR CHRIS DAVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRUCE MCDANIEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TIM LITTLEJOHN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TIFFANY BRODIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROGER WEDDERBURN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETE LEVINE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CINDI HAMMOND

    EXECUTIVE DIRECTOR

    Total calculated
    $119,653
    From this org
    $115,171
    From related orgs
    $0
    Other
    $4,482
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2022
Filed
20 November 2023
IRS schema version
2022v5.0
Source object
202323319349300522

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.