Civic Intelligence

Habitat for Humanity Metro Maryland Inc

EIN 52-1299516 • 501(c)3 • Silver Spring, MD

Profile

To provide low income families affordable housing.

8380 Colesville Rd Suite 700Silver Spring, MD 20910

www.habitat-mc.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.58x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.62x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

48th percentile

3.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$167,423

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

86th percentile

26%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,012,682

Up $2,052,776 (+26%) from 2023

Liabilities

Up

$5,854,480

Up $1,701,285 (+41%) from 2023

Net Assets

Up

$4,158,202

Up $351,491 (+9.2%) from 2023

Revenue

Up

$9,517,417

Up $3,427,404 (+56%) from 2023

Expenses

Up

$9,165,926

Up $3,581,845 (+64%) from 2023

Net Income

Down

$351,491

Down $154,441 (-31%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $4,103,663Liabilities 2011: $2,836,469Net Assets 2011: $1,267,1942011Assets 2012: $5,375,121Liabilities 2012: $4,184,715Net Assets 2012: $1,190,4062012Assets 2013: $7,329,657Liabilities 2013: $5,706,070Net Assets 2013: $1,623,5872013Assets 2014: $9,300,883Liabilities 2014: $7,318,685Net Assets 2014: $1,982,1982014Assets 2015: $6,462,573Liabilities 2015: $7,972,006Net Assets 2015: -$1,509,4332015Assets 2016: $6,986,839Liabilities 2016: $9,027,974Net Assets 2016: -$2,041,1352016Assets 2017: $7,039,373Liabilities 2017: $9,336,555Net Assets 2017: -$2,297,1822017Assets 2018: $9,240,568Liabilities 2018: $9,997,760Net Assets 2018: -$757,1922018Assets 2019: $9,063,481Liabilities 2019: $9,927,606Net Assets 2019: -$864,1252019Assets 2020: $9,399,780Liabilities 2020: $10,867,963Net Assets 2020: -$1,468,1832020Assets 2021: $7,087,172Liabilities 2021: $5,358,678Net Assets 2021: $1,728,4942021Assets 2022: $5,733,841Liabilities 2022: $2,433,062Net Assets 2022: $3,300,7792022Assets 2023: $7,959,906Liabilities 2023: $4,153,195Net Assets 2023: $3,806,7112023Assets 2024: $10,012,682Liabilities 2024: $5,854,480Net Assets 2024: $4,158,2022024

Highlighted filing

2024

Assets$10,012,682
Liabilities$5,854,480
Net Assets$4,158,202

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,301,9792011Expenses 2012: $2,639,5602012Revenue 2013: $1,962,121Expenses 2013: $1,528,940Net Income 2013: $433,1812013Revenue 2014: $2,349,715Expenses 2014: $1,991,104Net Income 2014: $358,6112014Revenue 2015: $7,393,761Expenses 2015: $10,885,392Net Income 2015: -$3,491,6312015Revenue 2016: $3,936,684Expenses 2016: $4,468,386Net Income 2016: -$531,7022016Revenue 2017: $4,441,667Expenses 2017: $4,697,715Net Income 2017: -$256,0482017Revenue 2018: $4,447,905Expenses 2018: $4,449,348Net Income 2018: -$1,4432018Revenue 2019: $4,628,665Expenses 2019: $4,691,141Net Income 2019: -$62,4762019Revenue 2020: $4,087,874Expenses 2020: $4,691,932Net Income 2020: -$604,0582020Revenue 2021: $6,518,042Expenses 2021: $4,223,322Net Income 2021: $2,294,7202021Revenue 2022: $7,602,541Expenses 2022: $6,030,256Net Income 2022: $1,572,2852022Revenue 2023: $6,090,013Expenses 2023: $5,584,081Net Income 2023: $505,9322023Revenue 2024: $9,517,417Expenses 2024: $9,165,926Net Income 2024: $351,4912024

Highlighted filing

2024

Revenue$9,517,417
Expenses$9,165,926
Net Income$351,491

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.0$5.85$4.16$9.52$9.17$0.35
2023Detailed filing. Detailed filing data is available for this year.$7.96$4.15$3.81$6.09$5.58$0.51
2022Detailed filing. Detailed filing data is available for this year.$5.73$2.43$3.30$7.60$6.03$1.57
2021Detailed filing. Detailed filing data is available for this year.$7.09$5.36$1.73$6.52$4.22$2.29
2020Detailed filing. Detailed filing data is available for this year.$9.40$10.9$1.47$4.09$4.69$0.60
2019Detailed filing. Detailed filing data is available for this year.$9.06$9.93$0.86$4.63$4.69$0.06
2018Detailed filing. Detailed filing data is available for this year.$9.24$10.00$0.76$4.45$4.45$0.00
2017Detailed filing. Detailed filing data is available for this year.$7.04$9.34$2.30$4.44$4.70$0.26
2016Detailed filing. Detailed filing data is available for this year.$6.99$9.03$2.04$3.94$4.47$0.53
2015Detailed filing. Detailed filing data is available for this year.$6.46$7.97$1.51$7.39$10.9$3.49
2014Detailed filing. Detailed filing data is available for this year.$9.30$7.32$1.98$2.35$1.99$0.36
2013Summary only. Only limited summary data is available for this year.$7.33$5.71$1.62$1.96$1.53$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$4.18$1.19$2.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$2.84$1.27$3.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 25, 2024
Return Version
2023v6.0
Gross Receipts
$9,552,067
Mission and Program Overview

Mission

To provide low income families 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 metro maryland, 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
Inventories for Sale or Use$3,621,979$4,978,443▲ $1,356,464
Cash and Non-Interest-Bearing Accounts$1,011,842$1,438,310▲ $426,468
Other Notes and Loans Receivable, Net$1,473,153$1,395,082▼ $78,071
Accounts Receivable$303,944$598,893▲ $294,949
Investments in Publicly Traded Securities-$311,748-
Land, Buildings, and Equipment, Net$195,753$146,765▼ $48,988
Prepaid Expenses and Deferred Charges$73,439$131,030▲ $57,591
Total Assets$7,959,906$10,012,682▲ $2,052,776
Other Assets Total$1,279,796$1,012,411▼ $267,385
Liabilities
Other Liabilities$3,666,145$4,585,114▲ $918,969
Accounts Payable and Accrued Expenses$487,050$1,269,366▲ $782,316
Total Liabilities$4,153,195$5,854,480▲ $1,701,285
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,029,322$3,046,895▲ $17,573
Net Assets With Donor Restrictions$777,389$1,111,307▲ $333,918
Total Net Assets Fund Balance$3,806,711$4,158,202▲ $351,491
Total Liabilities and Net Assets / Fund Balance$7,959,906$10,012,682▲ $2,052,776

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$146,765$923,589$1,070,354
Other Assets Org$1,012,411--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey R DeePresident &FT$165,260$2,163$167,423
Jeffrey R DeePresident & CEO-$165,260$2,163$167,423
Nancy E CoufosVP RestoresFT$131,286$14,530$145,816
Sarah ReddingerVP of HousinFT$124,593$10,211$134,804
Paige E BeyerVP of DeveloFT$124,532$2,500$127,032

Board Members and Trustees

NameTitle
Gerard Mcloughlin JrChair
Nicholas SerenyiVice Chair
Brent SanetBoard Member
Christopher HatcherBoard Member
Geoff BarkerBoard Member
Mac LilliardBoard Member
Michael CroninBoard Member
Michael FriisBoard Member
Michelle MorenzaBoard Member
Pasco UmbriacBoard Member
Roberto MontesinosBoard Member
Rochelle AndrewsBoard Member
Stephanie P AndersonBoard Member
Tiffany DodsonExecutive Co
Mary LogiudiceSecretary
Peggy JonesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Central ExteriorsContractor11732 NEBEL STREET, SUITE 214, Rockville, MD 20852$361,120
Elysian Energy LLCContractor14300 CHERRY LANE CT, 3RD FLOOR, Laurel, MD 20707$182,255
Elf & SonsContractor3069 RIVERVIEW RD, Riva, MD 21140$138,161
Cohnreznick LLPConsulting14 SYLVAN WAY, Parsippany, NJ 07054$125,559
Revenue and Support

Revenue Composition

Contributions and Grants
$5,231,358
Program Service Revenue
$3,649,190
Investment Income
$19,526
Other Revenue
$617,343
All Other Contributions
$3,157,025
Change in Net Assets
$351,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,533,138
Salaries, Compensation, and Employee Benefits$2,576,195
Total Fundraising Expense$761,460
Professional Fundraising Fees$50,593
Grants and Similar Amounts Paid$6,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,592,071$103,846$392,491$2,088,408
All Other Expenses$675,819$35,918$44,680$756,417
Occupancy$525,024$33,686$33,686$592,396
Other Expenses$173,302$15,912$11,374$200,588
Current Officers, Directors, Trustees, and Key Employees$125,983$8,218$31,059$165,260
Office Expenses$30,438$13,581$118,628$162,647
Payroll Taxes$123,455$6,962$29,695$160,112
Fees for Services Accounting-$145,425-$145,425
Other Employee Benefits$107,685$13,861$13,143$134,689
Fees for Services Other$73,660$42,621-$116,281
Depreciation Depletion$101,924$286$715$102,925
Insurance$52,539$6,785$19,213$78,537
Interest$75,220--$75,220
Travel$40,014$10,084$8,301$58,399
Fees for Services Professional Fundraising--$50,593$50,593
Advertising$31,022--$31,022
Pension Plan Contributions$17,581$2,263$7,882$27,726
Grants to Domestic Orgs$6,000--$6,000
Total Functional Expenses$7,965,018$439,448$761,460$9,165,926
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Habitat for Humanity InternationalAmericus, GA3-$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$651,978
Professional Fundraising Fees$50,593
Fundraising Direct Expenses$34,650

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
WOMEN'S BUILD$306,031$306,031$99$305,932
Golf Event Fund$126,086$126,086$756$125,330
Total Events$651,692$651,692$34,650$617,042
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberConsultingNo$125,559
-Board MemberCateringNo$9,835
-Board MemberLegalNo$7,815
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$2,254,252
Operating Lease$1,279,235
Lines of Credit$1,045,118
Homeowner Escrow Deposits$6,509
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

YES

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

Reviewed by ceo, treasurer, and finance committee.

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

The board is aware of any conflict on interests. It is documented in their minutes where there is a conflict of interest and that the board has waived the conflict.

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

YES

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

YES

Form 990, Page 6, Part VI, Line 19

Financial statements are available on the habitat metro maryland website.

Filing and Contact Details

Filer

Filer Name
Habitat for Humanity Metro
EIN
52-1299516
Phone
3019900014
Address
8380 COLESVILLE RD SUITE 700, SILVER SPRING, MD 20910

Signing Officer

Name
Jeffrey R Dee
Title
President & CEO
Phone
3019900014
Signed
2024-11-25

Organization Details

Principal Officer
Jeffrey R Dee
Formed
1982
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
55
Volunteers
4,565

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
150 S EAST STREET, FREDERICK, MD 21701
Preparer
Ryan Crabbs CPA
Phone
3012507400
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 metro maryland, 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, Page 1, Part I, Line 6

Volunteers help the organization in running the registers of the retail store, moving and delivering furniture, scheduling pickup of the donated items. A few volunteers work on the construction site doing the basic carpentary work.

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 cost affordable. By using the labor of volunteers and prospective homeowners, employing efficient building methods, keeping house sizez 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 instabilty 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 family by saving for their futures and investing in educational opportunities, bolstering job opportunities and career growth. During fiscal year 2024, habitat for humanity metro maryland, inc served more than 250 people through its long term homeownership program.

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

Home preservation program: our home preservation program is an outreach initiative that seeks to provide a wide range of opportunities for low- to moderate - income homeowners, including veterans and seniors, who are struggling to maintain their homes because of age, disability or family circumstances. We partner with famlies to help them reclaim their homes with pride and dignity. The program allos families to stay in their home and avoid the uncertainty, trauma and expense of moving. Projects consis of interioir and/or exterior repairs intended to alleviate critical health, life and safety issues or code violation. Volunteer teams work along with subcontractors under the direction of habitat for humanity metro maryland, inc staf members to complete the repairs. Since the inception of the home preservation program, habitat for humanity metro maryland, inc has partnered with local homeowners, with 115 homeowners served during fy2024.

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

OTHER PROGRAMS

Form 990, Part XI, Line 9

Adoption of accounting 0 standard cummulative 0 adjustment 0

Financial Statement Notes

Schedule D, Page 3, Part X

Habitat is exempt from federal income taxes through the group exemption of habitat for humanity international under section 501 (c) (3) of the internal revenue code. Habitat has determined that there are no uncertain tax positions required to be disclosed under the income taxes topic of the fasb accounting standards codification. Habitat's tax returns are subject to audit for three years after filling, hence habitat's returns for tax years 2021 onwards are open to tax examination.

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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 COST AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZEZ 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 INSTABILTY 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 FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING FISCAL YEAR 2024, HABITAT FOR HUMANITY METRO MARYLAND, INC SERVED MORE THAN 250 PEOPLE THROUGH ITS LONG TERM 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. HABITAT FOR HUMANITY METRO MARYLAND, 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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