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

Better Business Bureau Report issued June 2014
Better Business Bureau Report expires June 2015


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


Find out more about this charity:

Back To Top

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
Back To Top

Better Business Bureau Comments

Year, State Incorporated: 1987, Texas
Affiliates: None
Stated Purpose: Seeking to put God's love into action, Houston Habitat for Humanity brings people together to build homes, communities and hope.

Back To Top

Evaluation Conclusions

              

Houston Habitat For Humanity, Inc. meets the 20 Standards for Charity Accountability.
Back To Top

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 955 homes housing over 3,200 Houstonians with more than half of these children.

For the fiscal year ended December 31, 2013, Houston Habitat For Humanity, Inc.'s program expenses were:

  
Low-cost housing program 9,897,006
ReStore program 1,212,754
Total Program Expenses: $11,109,760
Back To Top

Governance

              

Chief Executive : Allison Hay, Executive Director
Compensation*: 

Chair of the Board: Bill Wong
Chair's Profession / Business Affiliation: Real Estate

Co-Chair of the Board : Beth Daliege Jacobsen

Chair's Profession / Business Affiliation: Engineer

Co-Chair of the Board : Bill Wong

Chair's Profession / Business Affiliation: Real Estate

Board Size: 17

Paid Staff Size: 46

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, grant proposals, internet
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $5,028,405, are donations received as a result of fund raising activities.)
Back To Top

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.
Back To Top

Financial

              

The following information is based on Houston Habitat For Humanity, Inc.'s unaudited financial statements for the fiscal year ended December 31, 2013.

Source of Funds  
Low-cost housing income 5,839,218
Contributions 2,862,684
Government grants 1,144,999
In-Kind contributions of inventory 1,020,722
Investment return, net 756,033
ReStore revenues, net 435,456
Other income 128,563
Total Income $12,187,675


chart



Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 4%  Administrative: 2% 

Total income $12,187,675
Program expenses $11,109,760
Fund raising expenses 483,633
Administrative expenses 238,762
Total expenses $11,832,155
Income in Excess of Expenses 355,520
Beginning net assets 30,943,690
Ending net assets 31,299,210
Total liabilities 2,139,513
Total assets $33,438,723


Back To Top

Complaints

              

The BBB has processed no customer complaints on this charity in its three year reporting period.

Back To Top

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.

Send to:



What is an Accredited Charity