Better Business Bureau Report for
Habitat for Humanity St. Louis

Better Business Bureau Report issued October 2011
Better Business Bureau Report expires October 2013


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: Habitat for Humanity St. Louis
Address: 3763 Forest Park Avenue
  St. Louis , MO 63108
Phone: 314-371-0400
Web Address: www.habitatstl.org
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Better Business Bureau Comments

Year, State Incorporated: 1986, Missouri
Affiliates: None
Stated Purpose: "exists to work as partners with all God's people to eliminate substandard housing in the St. Louis area."

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Evaluation Conclusions

               

Habitat for Humanity St. Louis (HFH) meets the 20 Standards for Charity Accountability.
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Programs

               

Home Construction and ReStore

For the fiscal year ended December 31, 2010, HFH's program expenses were:

  
Home Construction 5,158,991
Cost of Sales 704,417
ReStore 438,506
Total Program Expenses: $6,301,914
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Governance

               

Chief Executive : Kimberly McKinney , Chief Executive Officer
Compensation*:
 $109,887

Chair of the Board: Rick Sullivan
Chair's Profession / Business Affiliation: St. Louis Public Schools Special Board

Board Size: 29

Paid Staff Size: 28

*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, grant proposals
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $6,546,444, 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

               

The following information is based on HFH's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Transfers to Homeowners 2,505,000
Sponsorships 1,429,838
ReStore Sales 729,345
ReStore Donated Materials 715,464
Debt Forgiveness 599,950
Grant Revenue 419,058
Contributions 362,076
Other Donated Materials 290,465
Investment Income 103,059
Fundraising and Special Events 91,571
Other Income 76,893
Sale of Property 3,627
Total Income $7,326,346


chart



Uses of Funds as a % of Total Expenses

Programs: 85%  Fund Raising: 6%  Administrative: 9% 

Total income   $7,326,346
  Program expenses $6,301,914
  Fund raising expenses 427,988
  Administrative expenses 633,482
 
Total expenses   $7,363,384
Expenses in Excess of Income   (37,038)
Beginning net assets   3,036,327
Ending net assets   2,999,289
Total liabilities   11,602,770
Total assets   $14,602,059


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