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 Vulnerability Assessment (Tuckman-Chang)

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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

HABITAT FOR HUMANITY IS A NON-PROFIT HOUSING MINISTRY THAT SEEKS TO BE A PARTNER AND CATALYST IN BUILDING COMMUNITIES WHERE EVERYONE HAS THE OPPORTUNITY TO THRIVE. WE BELIEVE OUR MODEL OF SERVICE CAPITAL, NOT CHARITY, CO-WORKERS AND NOT CASE WORKERS PROVIDES A STRENGTH-BASED APPROACH THAT ENHANCES THE CAPABILITIES OF FAMILIES, ENCOURAGING THEM TO DRAW ON THEIR OWN SELF DETERMINATION AND STRENGTHS. WE BELIEVE THAT FAMILIES WHO INVEST IN THEMSELVES THROUGH FINANCIAL EDUCATION AND SWEAT EQUITY IN THE CONSTRUCTION OF THEIR OWN HOMES TRANSFORM THEIR LIVES AND THE LIVES OF THEIR CHILDREN FOR THE BETTER. OUR FAMILIES ARE REQUIRED TO INVEST 200-350 HOURS OF SWEAT EQUITY INTO HABITAT PROGRAMS. THE OWNER AND FAMILIES ARE ALSO REQUIRED TO COMPLETE CERTAIN HOMEOWNERSHIP READINESS CLASSES BEFORE PURCHASING THEIR HABITAT HOMES, AS THE MORTGAGE HOLDER HABITAT OF NORTH CENTRAL MASSACHUSETTS IS ABLE TO PROVIDE A 0% INTEREST MORTGAGE LOAN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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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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Liquidity & Cash Position

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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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