Civic Intelligence

Habitat for Humanity Cape May

EIN 22-3351733 • 501(c)3 • Cape May Court House, NJ

Profile

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. Habitat for humanity cape may county 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 to induce conversion to a particular faith.

20 Court House South Dennis RoadCape May Court House, NJ 08210

www.habitatcapemay.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.51x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

2.13x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

92nd percentile

59%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

78th percentile

19%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,812,853

Up $603,099 (+19%) from 2024

Liabilities

Up

$1,949,472

Up $64,275 (+3.4%) from 2024

Net Assets

Up

$1,863,381

Up $538,824 (+41%) from 2024

Revenue

Up

$913,298

Up $124,329 (+16%) from 2024

Expenses

Down

$374,474

Down $349,744 (-48%) from 2024

Net Income

Up

$538,824

Up $474,073 (+732%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $706,746Liabilities 2012: $2,074Net Assets 2012: $704,6722012Assets 2013: $734,791Liabilities 2013: $2,068Net Assets 2013: $732,7232013Assets 2014: $1,218,797Liabilities 2014: $38,422Net Assets 2014: $1,180,3752014Assets 2015: $1,291,157Liabilities 2015: $42,024Net Assets 2015: $1,249,1332015Assets 2016: $1,082,704Liabilities 2016: $20,492Net Assets 2016: $1,062,2122016Assets 2017: $1,003,580Liabilities 2017: $212,634Net Assets 2017: $790,9462017Assets 2018: $976,790Liabilities 2018: $261,011Net Assets 2018: $715,7792018Assets 2019: $855,308Liabilities 2019: $185,963Net Assets 2019: $669,3452019Assets 2020: $871,290Liabilities 2020: $301,395Net Assets 2020: $569,8952020Assets 2021: $992,686Liabilities 2021: $326,919Net Assets 2021: $665,7672021Assets 2022: $1,273,627Liabilities 2022: $148,231Net Assets 2022: $1,125,3962022Assets 2023: $3,205,528Liabilities 2023: $1,929,890Net Assets 2023: $1,275,6382023Assets 2024: $3,209,754Liabilities 2024: $1,885,197Net Assets 2024: $1,324,5572024Assets 2025: $3,812,853Liabilities 2025: $1,949,472Net Assets 2025: $1,863,3812025

Highlighted filing

2025

Assets$3,812,853
Liabilities$1,949,472
Net Assets$1,863,381

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $114,059Expenses 2012: $197,274Net Income 2012: -$83,2152012Revenue 2013: $186,754Expenses 2013: $158,703Net Income 2013: $28,0512013Revenue 2014: $231,157Expenses 2014: $109,939Net Income 2014: $121,2182014Revenue 2015: $346,688Expenses 2015: $195,251Net Income 2015: $151,4372015Revenue 2016: $276,048Expenses 2016: $405,989Net Income 2016: -$129,9412016Revenue 2017: $385,679Expenses 2017: $395,498Net Income 2017: -$9,8192017Revenue 2018: $767,878Expenses 2018: $843,045Net Income 2018: -$75,1672018Revenue 2019: $1,041,372Expenses 2019: $1,087,806Net Income 2019: -$46,4342019Revenue 2020: $585,469Expenses 2020: $684,919Net Income 2020: -$99,4502020Revenue 2021: $931,013Expenses 2021: $835,141Net Income 2021: $95,8722021Revenue 2022: $1,648,375Expenses 2022: $1,188,746Net Income 2022: $459,6292022Revenue 2023: $1,234,923Expenses 2023: $1,056,082Net Income 2023: $178,8412023Revenue 2024: $788,969Expenses 2024: $724,218Net Income 2024: $64,7512024Revenue 2025: $913,298Expenses 2025: $374,474Net Income 2025: $538,8242025

Highlighted filing

2025

Revenue$913,298
Expenses$374,474
Net Income$538,824

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.81$1.95$1.86$0.91$0.37$0.54
2024Detailed filing. Detailed filing data is available for this year.$3.21$1.89$1.32$0.79$0.72$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.21$1.93$1.28$1.23$1.06$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.15$1.13$1.65$1.19$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.33$0.67$0.93$0.84$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.30$0.57$0.59$0.68$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.19$0.67$1.04$1.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.98$0.26$0.72$0.77$0.84$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.21$0.79$0.39$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.02$1.06$0.28$0.41$0.13
2015Summary only. Only limited summary data is available for this year.$1.29$0.04$1.25$0.35$0.20$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.04$1.18$0.23$0.11$0.12
2013Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.19$0.16$0.03
2012Summary only. Only limited summary data is available for this year.$0.71$0.00$0.70$0.11$0.20$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 3, 2025
Return Version
2024v5.0
Gross Receipts
$1,555,764
Mission and Program Overview

Mission

Building affordable housing

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. Habitat for humanity cape may county 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 to induce conversion to a particular faith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$462,463$945,911▲ $483,448
Savings and Temporary Cash Investments$369,655$737,332▲ $367,677
Cash and Non-Interest-Bearing Accounts$436,688$362,182▼ $74,506
Land, Buildings, and Equipment, Net$100,077$81,625▼ $18,452
Other Notes and Loans Receivable, Net$132,543$72,710▼ $59,833
Prepaid Expenses and Deferred Charges$19,435$14,446▼ $4,989
Intangible Assets-$10,937-
Accounts Receivable$10,418$6,422▼ $3,996
Pledges and Grants Receivable$2,415$795▼ $1,620
Total Assets$3,209,754$3,812,853▲ $603,099
Other Assets Total$1,676,060$1,580,493▼ $95,567
Liabilities
Other Liabilities$1,795,027$1,711,434▼ $83,593
Mortgage Notes Payable Secured by Investment Property$696$187,500▲ $186,804
Deferred Revenue$58,490$42,318▼ $16,172
Accounts Payable and Accrued Expenses$29,818$7,084▼ $22,734
Escrow Account Liability$1,166$1,136▼ $30
Total Liabilities$1,885,197$1,949,472▲ $64,275
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,324,557$1,863,381▲ $538,824
Total Net Assets Fund Balance$1,324,557$1,863,381▲ $538,824
Total Liabilities and Net Assets / Fund Balance$3,209,754$3,812,853▲ $603,099

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$43,731$130,789$174,520
Equipment$37,894$75,022$112,916
Other Assets Org$1,167--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$563,029
Program Service Revenue
$3,369
Investment Income
$31,286
Other Revenue
$315,614
All Other Contributions
$463,689
Change in Net Assets
$538,824

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 Amount
Other Non Cash Contri Table1$391,308
Total Noncash Contributions1$391,308

Audited Revenue Reconciliation

Revenue per Audited Statements
$913,298
Revenue Not Reported on Form 990
$29,450
Total Revenue per Audited Statements
$942,748
Total Revenue per Form 990
$913,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,819
Salaries, Compensation, and Employee Benefits$160,655
Total Fundraising Expense$11,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,946$42,554$4,255$143,755
Occupancy$3,175$31,712-$34,887
Insurance$1,801$19,032-$20,833
Fees for Services Accounting-$20,646-$20,646
Payroll Taxes$9,912$4,351$435$14,698
Fees for Services Legal-$10,000-$10,000
Advertising-$5,608$800$6,408
Information Technology-$6,136-$6,136
Office Expenses$19$1,143$3,841$5,003
Payments to Affiliates$5,000--$5,000
Other Employee Benefits$246$1,956-$2,202
Other Expenses$4,817$2,099-$2,099
Conferences and Meetings-$889-$889
Interest-$493-$493
Depreciation Depletion$139--$139
All Other Expenses$-13,408$5,249$2,008$-6,151
Total Functional Expenses$204,557$158,578$11,339$374,474

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$403,924
Expenses per Audited Statements$374,474
Total Expenses per Form 990$374,474
Expenses Not Reported on Form 990$29,450
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,450
Fundraising Gross Income$29,450
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$91,040$29,450$29,450$0
Total Events$91,040$29,450$29,450-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating Lease$1,644,612
Payroll Liab$35,437
Warranty Liab$20,459
Sales Tax Liab$5,641
Benefit Plan Liab$3,723
Lease Liability - Finance Lease$1,233
Gift Card Liab$329
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
No
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

Board reviews and approves prior to filing

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

Board reviews based on comparable salaries of other similar organizations

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Habitat for Humanity Cape May
EIN
22-3351733
Phone
6096248544
Address
20 COURT HOUSE SOUTH DENNIS ROAD, CAPE MAY COURT HOUSE, NJ 08210

Signing Officer

Name
Louis Delollis
Title
Treasurer
Phone
6094630244
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Loversidge
Formed
1990
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
18
Volunteers
9

Preparer

Firm
Fitzpatrick Bongiovanni & Kelly Pc
Address
401 NEW RD STE 102, LINWOOD, NJ 08221
Preparer
Robert J Kelly Jr
Phone
6096530110
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. Habitat for humanity cape may county 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 to induce conversion to a particular faith.

Form 990

Schedule o allocation footnotes habitat cape may 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 habitat cape may'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, habitat cape may 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 restores), management and general, and fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, habitat cape may divides the number of hours spent on a project outside of 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 maintenace 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 ownership 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 and safety, families can flourish. Owning an affordable home also allows homeowners to lift up their entire familing by saving for their futures and investing in educational opportunities, bolster job opportunities and career growth. During the fiscal year 2025, habitat of humanity cape may county served many families through its homeownership program.

Form 990, Part XI, Line 9

Special event exp 29,450 special event expenses -29,450

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Escrow accounts to service the mortgage on behalf to the buyer

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

SPECIAL EVENT EXP 29,450

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

Special event expenses 29,450

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