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Idaho Falls Area Habitat for Humanity Subordinate

Through shelter, we empower.

Idaho Falls, ID   |  www.idahofallshabitat.org
GuideStar Charity Check

Idaho Falls Area Habitat for Humanity

EIN: 82-0471181  Subordinate info


Mission

Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities, and hope. Habitat’s vision is a world where everyone has a decent place to live. Habitat works toward this vision by building and improving homes in partnership with individuals and families in need of a decent and affordable place to live. Habitat serves households that fall within 25-80% of the Area Median Income (AMI). Family selection is based on financial ability to pay zero-interest loan payments, willingness to partner in the building of the home, meeting residential requirements, and their need for housing. Homeownership helps families achieve the strength, stability, and independence they need to build a better life for themselves and for their families.

Ruling year info

1987

Executive Director

Ms Karen Lansing

Main address

PO Box 51055

Idaho Falls, ID 83405 USA

Show more contact info

EIN

82-0471181

Subject area info

Housing development

Christianity

Population served info

Age groups

Family relationships

Ethnic and racial groups

Social and economic status

NTEE code info

Housing Development, Construction, Management (L20)

Christian (X20)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Due to inflation, higher mortgage interest rates, and population growth there not enough housing stock in eastern Idaho to meet the rising demand for affordable housing. Over the last decade cost of housing has increased 300%. Wages have only increased 25%. Habitat for Humanity Idaho Falls Area is

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Affordable Housing

Habitat for Humanity Idaho Falls Area (HFHIFA) builds and repairs simple, decent, affordable homes for low-income families living in east Idaho. HFHIFA has been serving the affordable housing needs of families in Idaho Falls, Rexburg, and Ashton, Idaho since 1994.

Habitat families are carefully screened. Family selection is based on financial readiness to pay a zero-interest loan payment, willingness to partner in the building of the home, and their need for housing.

In 2022, HFHIFA purchased a twelve-acre parcel of ground in Idaho Falls and is in the beginning stages of building its first affordable housing Community of Hope. This community will include tiny homes, attached homes, and traditional Habitat single family homes. With the assistance of local donors and volunteers, HFHIFA's goal is to increase its capacity from its current four families per year to a minimum of ten families each year.

Population(s) Served
Social and economic status
Ethnic and racial groups
Family relationships

Where we work

Financials

Idaho Falls Area Habitat for Humanity
Fiscal year: Jul 01 - Jun 30
Financial documents
2022 Karen Lansing 2021 Habitat for Humanity Idaho Falls Area, Inc. 2020 Habitat for Humanity Idaho Falls Area
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.45

Average of 10.59 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

20.1

Average of 13.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

11%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Idaho Falls Area Habitat for Humanity

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Idaho Falls Area Habitat for Humanity

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Idaho Falls Area Habitat for Humanity

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Idaho Falls Area Habitat for Humanity’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $176,609 $177,941 $103,095 -$148,555 $364,767
As % of expenses 66.4% 70.4% 37.6% -49.9% 75.5%
Unrestricted surplus (deficit) after depreciation $165,222 $164,435 $91,058 -$158,980 $352,821
As % of expenses 59.5% 61.7% 31.8% -51.5% 71.3%
Revenue composition info
Total revenue (unrestricted & restricted) $236,117 $304,484 $295,401 $112,939 $843,343
Total revenue, % change over prior year -54.9% 29.0% -3.0% -61.8% 646.7%
Program services revenue 0.0% 0.0% 0.0% 0.0% 31.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 10.1% 11.3% 12.7% 0.1% 0.0%
Government grants 0.0% 0.0% 15.8% 124.6% 20.1%
All other grants and contributions 38.9% 13.5% 46.4% 74.2% 25.7%
Other revenue 51.0% 75.2% 25.1% -98.8% 22.8%
Expense composition info
Total expenses before depreciation $266,116 $252,839 $274,447 $297,996 $483,030
Total expenses, % change over prior year -6.8% -5.0% 8.5% 8.6% 62.1%
Personnel 56.3% 60.9% 61.7% 71.5% 48.2%
Professional fees 2.3% 5.1% 6.6% 3.7% 3.6%
Occupancy 7.5% 0.0% 0.0% 2.7% 1.5%
Interest 3.6% 3.8% 3.9% 3.1% 6.4%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 30.3% 30.1% 27.8% 19.0% 40.3%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $277,503 $266,345 $286,484 $308,421 $494,976
One month of savings $22,176 $21,070 $22,871 $24,833 $40,253
Debt principal payment $0 $23,747 $3,932 $0 $0
Fixed asset additions $21,191 $0 $0 $0 $15,206
Total full costs (estimated) $320,870 $311,162 $313,287 $333,254 $550,435

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 2.5 6.6 39.4 34.8 20.1
Months of cash and investments 41.7 38.1 39.4 34.8 20.1
Months of estimated liquid unrestricted net assets 60.4 71.1 69.8 57.2 43.7
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $56,193 $139,860 $901,142 $864,777 $809,483
Investments $869,097 $663,669 $0 $0 $0
Receivables $824,517 $1,151,108 $905,966 $1,017,580 $1,032,237
Gross land, buildings, equipment (LBE) $358,469 $355,468 $355,468 $355,468 $370,674
Accumulated depreciation (as a % of LBE) 14.4% 17.5% 20.9% 23.8% 26.1%
Liabilities (as a % of assets) 9.7% 8.0% 8.4% 9.7% 41.3%
Unrestricted net assets $1,422,202 $1,587,881 $1,678,939 $1,519,959 $1,872,780
Temporarily restricted net assets $897,158 $770,862 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $897,158 $770,862 $688,721 $695,435 $690,981
Total net assets $2,319,360 $2,358,743 $2,367,660 $2,215,394 $2,563,761

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Ms Karen Lansing

Karen’s interest in housing began as a teen when she helped her father, a general contractor, draw the plans for their family home. Prior to becoming Executive Director of Habitat for Humanity Idaho Falls Area, Karen was a full-time realtor, listing and selling homes in the communities of Island Park and Idaho Falls for nearly twenty years. It was during this time that she became interested in Habitat for Humanity and began volunteering. In addition to volunteering in Idaho Falls, Karen had the opportunity to volunteer in San Diego, New Orleans, Miami, Phoenix, and San Francisco. In the early 2000’s Karen and her fellow realtors donated a small amount from every closing and raised nearly $10,000 for Habitat Idaho Falls. She was then invited to serve on the Family Selection Committee, which led to six years serving on the Board of Directors. In 2010, Karen stepped down from the Board of Directors to become Habitat’s first full-time Executive Director.

Number of employees

Source: IRS Form 990

Idaho Falls Area Habitat for Humanity

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Idaho Falls Area Habitat for Humanity

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Thor Conley

Bank of Idaho

Joni Kepler

Interwest Mortgage

Thor Conley

Bank of Idaho

Milli Gabettas

Retired

Cathie Pascavage

Alliance Title

David Roth

Bonneville Youth Development

Miranda Marquet

Financial Consultant

Cathie Pascavage

Amerititle

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/1/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.