HABITAT FOR HUMANITY NORTH CENTRAL MASSACHUSETTS INC

EIN: 042999854 501(c)(3)

LEOMINSTER, MA

Total Revenue
$3,178,757
Total Expenses
$1,829,522
Total Assets
$4,161,037
Net Assets
$3,949,432
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MA
Principal Officer
CURT LOGEE
Phone
9783482749
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY NORTH CENTRAL MASSACHUSETTS INC, founded in 1988, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 42% operating margin.

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMINITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE, HABITAT FOR HUMANITY NORTH CENTRAL 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.

Program Service Accomplishments

Program 1
Expenses: $1,180,862 Revenue: $628,980

FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE ADN AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL...

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FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE ADN AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGHT 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 APPLICANCES, 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 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 OPPORTUNIITES, BOLSTERING JOB OPPORTUNIITIES AND CAREER GROWTH. DURING FISCAL YEAR 2025, HABITAT FOR HUMANITY NORTH CENTRAL SERVED MANY PEOPLE THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.

Program 2
Expenses: $433,222

THE ORGANIZATION OPERATES A RESTORE. THE STORE RECEIVES DONATED BUILDING MATERIALS AND SUPPLIES FROM CONTRACTORS THAT WOULD NORMALLY BE DISPOSED OF AT THE END OF CONSTRUCTION. WE ALSO RECEIVE...

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THE ORGANIZATION OPERATES A RESTORE. THE STORE RECEIVES DONATED BUILDING MATERIALS AND SUPPLIES FROM CONTRACTORS THAT WOULD NORMALLY BE DISPOSED OF AT THE END OF CONSTRUCTION. WE ALSO RECEIVE DONATIONS OF FURNITURE AND HOUSEHOLD GOODS FROM INDIVIDUALS. THESE ITEMS ARE SUBSEQUENTLY RESOLD TO GENERATE FUNDS IN ORDER TO PROVIDE RESOURCES TO CONTINUE OUR AFFORDABLE HOME BUILDING PROCESS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,433,246
Program Service Revenue $628,980
Investment Income $7,517
Other Revenue $109,014
TOTAL REVENUE $3,178,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $561,590
Fundraising Expenses $12,648
Program Expenses $1,614,084
Other Expenses $1,267,932
TOTAL EXPENSES $1,829,522

Year-over-Year Comparison

2024 2023 Change
Revenue $3,178,757 $1,889,225 +0.7%
Expenses $1,829,522 $1,342,947 +0.4%
Net Income $1,349,235 $546,278 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
13
Volunteers
765

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$92,153
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN READ EXECUTIVE DI 40.00
Officer
$92,153 $0 $92,153
PATRICK COCHRAN DIRECTOR 1.00
Director
$0 $0 $0
JAMIE CONAGHAN DIRECTOR 1.00
Director
$0 $0 $0
JIM DARCANGELO DIRECTOR 1.00
Director
$0 $0 $0
LYNN DEVIN SECRETARY/CL 1.00
Officer Director
$0 $0 $0
DAVID GENTLEMAN DIRECTOR 1.00
Director
$0 $0 $0
BRIEANNA KELLEY VICE PRESIDE 1.00
Officer Director
$0 $0 $0
STEVEN LEDOUX DIRECTOR 1.00
Director
$0 $0 $0
BEA LEE DIRECTOR 1.00
Director
$0 $0 $0
CURT LOGEE PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG MADONIA TREASURER 1.00
Director
$0 $0 $0
JEAN RUBIN DIRECTOR 1.00
Director
$0 $0 $0
TIM SMITH TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,178,757 $1,829,522 $4,161,037 $1,349,235
2024 $1,889,225 $1,342,947 $2,890,654 $546,278
2023 $2,170,167 $2,444,797 $2,324,012 $-274,630
2022 $1,870,114 $1,475,816 $3,032,022 $394,298
2021 $1,635,647 $1,139,101 $2,442,821 $496,546
2020 $804,863 $805,843 $2,102,023 $-980
2019 $1,268,418 $1,302,467 $1,957,776 $-34,049
2018 $1,520,048 $926,229 $2,065,651 $593,819
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