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
$2,170,167
Total expenses
$2,444,797
Contributions and grants received
$1,191,268
Grants paid
$0
Program service revenue
$913,974
Investment income
$1,460
Other revenue
$63,465
Total assets, end of year
$2,324,012
Total liabilities, end of year
$267,624
Net assets or fund balances, end of year
$2,056,388
Program services expenses (Part IX)
$2,285,528
Management and general expenses
$153,431
Fundraising expenses
$5,838
Program service expenses (Part III)
$2,285,528

Program services were 93.5% 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)

    $174,391

  • 1f · All other contributions, gifts and grants

    $1,016,877

  • 1g · Noncash contributions included above

    $289,059

  • 2a · Program service revenue: RESTORE

    total $486,029 · unrelated business $486,029

  • 2b · Program service revenue: SALES OF HOMES

    total $374,000 · related or exempt $374,000

  • 2c · Program service revenue: AMORTIZED MORTGAGE DISCOUNT

    total $53,945 · related or exempt $53,945

  • 3 · Investment income

    total $1,460 · related or exempt $1,460

  • 8a · Fundraising events: gross income

    $125,150

  • 8b · Fundraising events: direct expenses

    $61,685

  • 8c · Net income from fundraising events

    total $63,465 · excluded $63,465

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $83,774 · program services $75,397 · management and general $8,377

  • 7 · Other salaries and wages

    total $137,860 · program services $48,870 · management and general $88,990

  • 10 · Payroll taxes

    total $34,551 · program services $25,836 · management and general $8,715

  • 11c · Fees: accounting

    total $13,944 · program services $6,972 · management and general $6,972

  • 11g · Fees: other

    total $65,501 · program services $65,501

  • 12 · Advertising and promotion

    total $2,333 · program services $2,333

  • 13 · Office expenses

    total $33,216 · program services $12,947 · management and general $16,608 · fundraising $3,661

  • 16 · Occupancy

    total $120,544 · program services $120,544

  • 17 · Travel

    total $7,669 · program services $2,177 · management and general $5,492

  • 21 · Payments to affiliates

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

  • 22 · Depreciation, depletion and amortization

    total $12,653 · program services $12,653

  • 23 · Insurance

    total $19,027 · program services $12,649 · management and general $6,378

  • 24a · Other expenses: HOME CONSTRUCTION COSTS

    total $821,861 · program services $821,861

  • 24b · Other expenses: COGS

    total $299,600 · program services $299,600

  • 24c · Other expenses: RESTORE IN KIND MERCH

    total $289,494 · program services $289,494

  • 24d · Other expenses: MORTGAGE DISCOUNT EXPENSE

    total $230,375 · program services $230,375

  • 24e · All other expenses

    total $255,395 · program services $241,319 · management and general $11,899 · fundraising $2,177

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $223,108 · end of year $188,166

  • 2 · Savings and temporary cash investments

    beginning of year $299,067 · end of year $374,090

  • 4 · Accounts receivable

    beginning of year $169,380 · end of year $224,790

  • 7 · Other notes and loans receivable

    beginning of year $1,256,765 · end of year $769,075

  • 8 · Inventories for sale or use

    beginning of year $97,616 · end of year $96,519

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,577 · end of year $28,364

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

    $244,353

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

    $206,913

  • 10c · Land, buildings and equipment, net

    beginning of year $48,263 · end of year $37,440

  • 11 · Investments: publicly traded securities

    beginning of year $18,284 · end of year $19,029

  • 15 · Other assets

    beginning of year $894,962 · end of year $586,539

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,411 · end of year $49,352

  • 19 · Deferred revenue

    beginning of year $15,965 · end of year $29,968

  • 25 · Other liabilities

    beginning of year $42,367 · end of year $188,304

  • 27 · Net assets without donor restrictions

    beginning of year $2,802,727 · end of year $1,871,514

  • 28 · Net assets with donor restrictions

    beginning of year $132,552 · end of year $184,874

Mission and programs · 2022

Mission

TO STRENGTHEN FAMILIES AND COMMUNITIES THROUGH AFFORDABLE HOME OWNERSHIP. WE ACCOMPLISH THIS THROUGH TWO AVENUES - BUILDING NEW AFFORDABLE HOMES AND PERFORMING CRITICAL REPAIRS ON OWNER OCCUPIED HOMES IN ORDER TO ALLOW FAMILIES TO CONTINUE TO LIVE IN THEIR CURRENT HOMES.

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.

  • WITH A MISSION TO STRENGTHEN FAMILIES AND COMMUNITIES THROUGH AFFORDABLE HOME OWNERSHIP THE ORGANIZATION HAS BROADENED ITS EFFORTS TO IMPACT AS MANY LOWER INCOME FAMILIES AS POSSIBLE. IN NORTH CENTRAL MASSACHUSETTS WE CONTINUE TO BUILD THE CAPACITY OF THE ORGANIZATION THROUGH EITHER BUILDING NEW HOMES OR RENOVATING OWNER OCCUPIED HOMES STARTING WITH VETERAN FAMILIES AND THEN BRANCHING OUT TO ALL POTENTIAL FAMILIES. THE ORGANIZATION IS CONCENTRATING ITS EFFORTS IN SPECIFIC AREAS IN ORDER TO MAKE THE GREATEST IMPACT.

    Expenses $1,465,054 · Revenue $2,170,167

  • 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 $820,474 · Revenue $771,188

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

Listed in Part VII

  • Carolyn Read

    EXECUTIVE DI

    Total calculated
    $83,774
    From this org
    $83,774
    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
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202410299349301141

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.