Better Business Bureau Report for
Houston Habitat For Humanity, Inc.

Better Business Bureau Report issued June 2013
Better Business Bureau Report expires June 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Houston Habitat For Humanity, Inc.
Address: 3750 N. McCarty
  Houston, TX 77029
Phone: 713-671-9993
Web Address: www.houstonhabitat.org
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Better Business Bureau Comments

Year, State Incorporated: 1987, Texas
Affiliates: None
Stated Purpose: Houston Habitat for Humanity works by faith to change lives and empower families by building homes in partnership with God and people from all walks of life.

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Evaluation Conclusions

              

Houston Habitat For Humanity, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

Houston Habitat for Humanity's goal is to encourage, promote, and assist in building affordable homes and serving low-income families in need of decent housing. Houston Habitat for Humanity finances its operations through continuing community contributions, mortgage payment receipts, proceeds from the ReStore, a discount supply outlet, and financing or sale of its mortgage loan receivable. Houston Habitat's Family Services and Mortgage Departments work with homeowners to prepare them for mortgage and other property ownership responsibilities such as finances, budgeting, insurance, taxes, legal and Home Owner Association (HOA) requirements and restrictions. Houston Habitat walks the extra mile with owners to ensure a successful experience that leads to equity build-up and full ownership at end of mortgage term. Through the Neighborhood Revitalization Initiative, NRI, the non-profit works to assist qualified homeowners of older existing homes in need of repair in Fifth Ward. Since 1987 Houston Habitat has built over 880 homes housing over 3,000 Houstonians with more than half of these children.

For the fiscal year ended December 31, 2012, Houston Habitat For Humanity, Inc.'s program expenses were:

  
Cost of home construction 6,310,075
Building supply outlet store 2,145,551
Mortgage operations 1,095,206
Indirect construction costs 224,308
Family support 215,326
Grants, initiatives and programs 210,301
Volunteers 191,402
Total Program Expenses: $10,392,169
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Governance

              

Chief Executive : Allison Hay, Executive Director
Compensation*: 

Chair of the Board: David N. Keane
Chair's Profession / Business Affiliation: BG Americas, VP Policy & Corporate Affairs

Board Size: 17

Paid Staff Size: 52

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, grant proposals, internet
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $4,834,762, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              


Source of Funds  
Contributions 3,549,569
Home sales revenue 2,828,774
Retail sales, net 2,307,964
Other income, net 1,827,963
Government grants 1,239,280
Revenue from mortgage operations 104,795
Donations in-kind 45,913
Total Income $11,904,258


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Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 7%  Administrative: 1%  Other Expenses: Less than 1%

Total income $11,904,258
Program expenses $10,392,169
Fund raising expenses 809,463
Administrative expenses 138,681
Other Expenses 20,000
Total expenses $11,360,313
Income in Excess of Expenses 543,945
Beginning net assets 30,399,745
Ending net assets 30,943,690
Total liabilities 2,615,249
Total assets $33,558,939


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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