Civic Intelligence

Middlesex Habitat for Humanity of Connecticut Inc

EIN 06-1448284 • 501(c)3 • Cromwell, CT

Profile

To build or renovate simple, decent, affordable houses in partnership with eligible families. Our objective is to eliminate substandard housing in middlesex county, ct one house at a time.

34 Shunpike Road Unit 12Cromwell, CT 06416

www.habitatmiddlesex.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.49x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.32x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

29th percentile

-4.7%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$88,563

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

1.4%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,207,323

Down $155,750 (-11%) from 2023

Liabilities

Down

$592,930

Down $69,811 (-11%) from 2023

Net Assets

Down

$614,393

Down $85,939 (-12%) from 2023

Revenue

Up

$1,839,468

Up $26,238 (+1.4%) from 2023

Expenses

Up

$1,925,407

Up $317,675 (+20%) from 2023

Net Income

Down

-$85,939

Down $291,437 (-142%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $392,054Liabilities 2011: $328,893Net Assets 2011: $63,1612011Assets 2012: $396,585Liabilities 2012: $280,062Net Assets 2012: $116,5232012Assets 2013: $370,056Liabilities 2013: $339,908Net Assets 2013: $30,1482013Assets 2014: $480,904Liabilities 2014: $399,423Net Assets 2014: $81,4812014Assets 2015: $472,763Liabilities 2015: $406,241Net Assets 2015: $66,5222015Assets 2016: $676,463Liabilities 2016: $372,161Net Assets 2016: $304,3022016Assets 2017: $1,163,403Liabilities 2017: $406,973Net Assets 2017: $756,4302017Assets 2018: $1,182,292Liabilities 2018: $317,590Net Assets 2018: $864,7022018Assets 2019: $838,404Liabilities 2019: $407,204Net Assets 2019: $431,2002019Assets 2020: $905,205Liabilities 2020: $431,717Net Assets 2020: $473,4882020Assets 2021: $1,118,874Liabilities 2021: $493,907Net Assets 2021: $624,9672021Assets 2022: $883,559Liabilities 2022: $427,225Net Assets 2022: $456,3342022Assets 2023: $1,363,073Liabilities 2023: $662,741Net Assets 2023: $700,3322023Assets 2024: $1,207,323Liabilities 2024: $592,930Net Assets 2024: $614,3932024

Highlighted filing

2024

Assets$1,207,323
Liabilities$592,930
Net Assets$614,393

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $327,191Expenses 2011: $431,718Net Income 2011: -$104,5272011Expenses 2012: $516,3622012Revenue 2013: $585,994Expenses 2013: $672,369Net Income 2013: -$86,3752013Revenue 2014: $719,623Expenses 2014: $668,290Net Income 2014: $51,3332014Revenue 2015: $510,420Expenses 2015: $525,379Net Income 2015: -$14,9592015Revenue 2016: $786,993Expenses 2016: $549,213Net Income 2016: $237,7802016Revenue 2017: $996,256Expenses 2017: $544,128Net Income 2017: $452,1282017Revenue 2018: $691,854Expenses 2018: $583,582Net Income 2018: $108,2722018Revenue 2019: $990,300Expenses 2019: $1,423,802Net Income 2019: -$433,5022019Revenue 2020: $667,707Expenses 2020: $657,881Net Income 2020: $9,8262020Revenue 2021: $866,182Expenses 2021: $716,703Net Income 2021: $149,4792021Revenue 2022: $1,288,964Expenses 2022: $1,457,597Net Income 2022: -$168,6332022Revenue 2023: $1,813,230Expenses 2023: $1,607,732Net Income 2023: $205,4982023Revenue 2024: $1,839,468Expenses 2024: $1,925,407Net Income 2024: -$85,9392024

Highlighted filing

2024

Revenue$1,839,468
Expenses$1,925,407
Net Income-$85,939

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.59$0.61$1.84$1.93$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.66$0.70$1.81$1.61$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.43$0.46$1.29$1.46$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.49$0.62$0.87$0.72$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.43$0.47$0.67$0.66$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.41$0.43$0.99$1.42$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.32$0.86$0.69$0.58$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.41$0.76$1.00$0.54$0.45
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.37$0.30$0.79$0.55$0.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.41$0.07$0.51$0.53$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.40$0.08$0.72$0.67$0.05
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.37$0.34$0.03$0.59$0.67$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.28$0.12$0.52
2011Summary only. Only limited summary data is available for this year.$0.39$0.33$0.06$0.33$0.43$0.10
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 29, 2024
Return Version
2022v5.0
Gross Receipts
$1,929,796
Mission and Program Overview

Mission

To build or renovate simple, decent, affordable houses in partnership with eligible families. Our objective is to eliminate substandard housing in middlesex county, ct one house at a time.

Seeking to put god's love into action, habitat for humanity brings people together to build homes, communities and hope to realize our vision of a world where everyone has a decent place to live. Middlesex habitat for humanity of connecticut, inc. Adheres to a strict non-proselytizing policy and will not offer assistance on the expressed or implied condition that people must adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$81,859$198,153▲ $116,294
Investments Other Securities$50,695$50,695→ $0
Land, Buildings, and Equipment, Net$57,212$43,683▼ $13,529
Prepaid Expenses and Deferred Charges$5,099$7,642▲ $2,543
Total Assets$883,559$1,363,073▲ $479,514
Other Assets Total$688,694$1,062,900▲ $374,206
Liabilities
Mortgage Notes Payable Secured by Investment Property$371,311$330,638▼ $40,673
Other Liabilities$9,000$245,609▲ $236,609
Accounts Payable and Accrued Expenses$46,914$86,494▲ $39,580
Total Liabilities$427,225$662,741▲ $235,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$339,694$558,487▲ $218,793
Net Assets With Donor Restrictions$116,640$141,845▲ $25,205
Total Net Assets Fund Balance$456,334$700,332▲ $243,998
Total Liabilities and Net Assets / Fund Balance$883,559$1,363,073▲ $479,514

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,523$69,923$102,446
Leasehold Improvements$11,160$46,245$57,405
Other Assets Org$-128,627--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah J BirdExecutive DiFT$82,714$1,707$84,421
Lemon LodgeBusiness ManFT$68,481-$68,481

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$990,853
Program Service Revenue
$823,913
Investment Income
$-26,016
Other Revenue
$24,480
All Other Contributions
$894,918
Change in Net Assets
$205,498

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table350$593,708Cost
Real Estate Residential2$162,070Market
Total Noncash Contributions352$755,778-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,075,400
Revenue Not Reported on Financial Statements
$737,830
Revenue Not Reported on Form 990
$47,448
Other Revenue Adjustments
$737,830
Total Revenue per Audited Statements
$1,122,848
Total Revenue per Form 990
$1,813,230
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,144,426
Salaries, Compensation, and Employee Benefits$463,306
Total Fundraising Expense$91,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$251,427$3,516$264$255,207
Occupancy$192,953$10,100$10,100$213,153
Current Officers, Directors, Trustees, and Key Employees$74,557$45,295$37,814$157,666
Payroll Taxes$25,285$3,336$3,079$31,700
Other Expenses$13,356$10,992$4,598$28,946
All Other Expenses$22,281$2,466$2,500$27,247
Travel$25,908$608$236$26,752
Advertising$3,679$2,404$16,528$22,611
Other Employee Benefits$14,941$1,972$1,820$18,733
Depreciation Depletion$9,220$7,930-$17,150
Fees for Services Other$6,321$3,499$2,994$12,814
Payments to Affiliates$4,800$1,850$1,850$8,500
Insurance$3,760$1,627$1,627$7,014
Interest$427$6,374-$6,801
Office Expenses$699$685$1,628$3,012
Total Functional Expenses$1,411,107$105,554$91,071$1,607,732

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,607,732
Total Expenses per Audited Statements$878,850
Expenses per Audited Statements$869,902
Expenses Not Reported on Financial Statements$737,830
Other Expense Adjustments$737,830
Expenses Not Reported on Form 990$8,948
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,553
Fundraising Gross Income$8,553
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Village$26,196$8,553$8,553$0
Total Events$26,196$8,553$8,553-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$245,609
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and business manager review the form 990 and provide additional supporting material if needed or requested. The complete 990 is submitted to the individual board members for their review and approval prior to final signature and filing.

Form 990, Page 6, Part VI, Line 12C

The policy is reviewed annually at the board meeting following the annual meeting. Each board member is asked to sign a copy of the policy and return it to the president for file. Throughout the year, if any decisions before the board of directors could represent a conflict of interest, the president, executive director or a board member refers to the policy.

Form 990, Page 6, Part VI, Line 15A

The personnel committee conducts the annual appraisal process for the executive director, whose performance is reviewed against previously established goals. Any pay increases are recommended by the committee to the board.

Form 990, Page 6, Part VI, Line 15B

The executive director conducts the annual appraisal process for other officers, whose performance is reviewed against previously established goals. Any pay increases are recommended to the board.

Form 990, Page 6, Part VI, Line 19

The organization makes available on request its governing documents, conflict of interest policy, and financial statements.

Filing and Contact Details

Filer

Filer Name
Middlesex Habitat for Humanity of
EIN
06-1448284
Phone
8603439179
Address
34 SHUNPIKE ROAD UNIT 12, CROMWELL, CT 06416

Signing Officer

Name
Sarah J Bird
Title
Executive Director
Phone
8603439179
Signed
2024-02-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah J Bird
Formed
1996
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
17

Preparer

Firm
Guilmartin Dipiro & Sokolowski LLC
Address
505 MAIN ST, MIDDLETOWN, CT 06457-2809
Preparer
Christopher B Conley
Phone
8603475689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Seeking to put god's love into action, habitat for humanity brings people together to build homes, communities and hope to realize our vision of a world where everyone has a decent place to live. Middlesex habitat for humanity of connecticut, inc. Adheres to a strict non-proselytizing policy and will not offer assistance on the expressed or implied condition that people must adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.

Form 990

Middlesex habitat for humanity of connecticut, inc. Is committed to efficiency and transparency. We communicate with our supporters, donors and prospective donors by email, postal mail, phone and other means, both to request contributions to our cause and to educate the public about middlesex habitat for humanity of connecticut, inc.'s year-round programs, volunteer opportunities and other events in local communities and around the world. These efforts help advance our mission to put god's love into action by bringing people together to build homes, communities and hope. As a result, in accordance with the financial accounting standards board guidelines and internal revenue service guidance, middlesex habitat for humanity of connecticut, inc. Allocates a portion of our fundraising costs to program services. As a nonprofit organization that is exempt from federal taxation, we ensure our donors' money is spent as efficiently and effectively as possible. Additionally, we have certain expenses that cannot be billed separately for each functional area. Rent, utilities, information technology and other costs are grouped together. We allocate these costs in compliance with generally accepted accounting principles, or gaap, across the program (including habitat restore), management and general, and fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, middlesex habitat for humanity of connecticut, inc. Divides the number of hours spent on a project outside a staff member's designated expense category by the total hours worked during that period and allocates that percentage of costs to the appropriate expense category.

Form 990, Page 2, Part III, Line 4A

Homeownership program: families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized. They are large enough for the homeowner family's needs, but small enough to keep construction and maintenance costs affordable. By using the labor of volunteers and prospective homeowners, employing efficient building methods, keeping house sizes modest, using donated construction materials and appliances, and issuing no-profit loans, habitat makes its houses affordable for low-income families to purchase. Affordable homeownership helps create the conditions that free families from instability, stress and fear and encourage self-reliance and confidence. Studies show that strong and stable households are foundational to child development and growth. When a home fosters - instead of hinders - health abd safety, families can flourish. Owning an affordable home also allows homeowners to lift up their entire family by saving for their futures and investing in educational opportunities, bolstering job opportunities and long-term career growth. During fiscal year 2023, middlesex habitat for humanity of connecticut,inc. Served more than 4 people through its homeownership program.

Form 990, Part XI, Line 9

Net assets released from restriction 395 special event expenses 8,553 donated services 38,500 cost of homes sold -219,154 restore costs of goods sold -518,676 net assets released from restriction -395 special event expenses -8,553 cost of homes sold 219,154 restore costs of goods sold 518,676 total 38,500

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has received exemption from federal income tax under section 501(c)(3) of the internal revenue code. The organization has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the internal revenue code and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). Management has reviewed the organization's reporting and believe they have not taken tax positions that are more likely than not to be determined to be incorrect by the internal revenue service and therefore no adjustments or disclosures are required. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress.

Schedule D, Page 4, Part XI, Line 2D

Net assets released from restriction 395 special event expenses 8,553 donated services 38,500

Schedule D, Page 4, Part XI, Line 4B

Cost of homes sold 219,154 restore costs of goods sold 518,676

Schedule D, Page 4, Part XII, Line 2D

Net assets released from restriction 395 special event expenses 8,553

Schedule D, Page 4, Part XII, Line 4B

Cost of homes sold 219,154 restore costs of goods sold 518,676

Raw XML AppendixShowing 400 of 557 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. MIDDLESEX HABITAT FOR HUMANITY OF CONNECTICUT, INC. ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.
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IRS990/Desc0HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH ABD SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND LONG-TERM CAREER GROWTH. DURING FISCAL YEAR 2023, MIDDLESEX HABITAT FOR HUMANITY OF CONNECTICUT,INC. SERVED MORE THAN 4 PEOPLE THROUGH ITS HOMEOWNERSHIP PROGRAM.
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IRS990/MissionDesc0SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. MIDDLESEX HABITAT FOR HUMANITY OF CONNECTICUT, INC. ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.
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IRS990/ProgSrvcAccomActy2Grp/Desc0RESTORE IS A RETAIL STORE THAT SELLS DONATED NEW OR GENTLY USED BUILDING MATERIALS AND FIXTURES, HOME IMPROVEMENT ITEMS, HOUSEHOLD FURNISHINGS, AND OTHER ITEMS. ALL RESTORE PROCEEDS GO TOWARD THE MISSION OF THE ORGANIZATION.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVENTORY OF DEVELOPMENT PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MORTGAGES RECEIVABLE

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