HABITAT FOR HUMANITY OF GREATER LOWELL INC

EIN: 043123186 501(c)(3) Housing & Shelter

WESTFORD, MA

Total Revenue
$1,542,295
Total Expenses
$1,184,653
Total Assets
$3,814,124
Net Assets
$3,455,704
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MA
Principal Officer
ELIZABETH GARBER
Phone
9786920927
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY OF GREATER LOWELL INC, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $358K, a strong 23% operating margin.

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 OF GREATER LOWELL 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: $379,136 Revenue: $84,715

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...

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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 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 HOUSE 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 INVESING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING THE FISCAL YEAR, HABITAT SERVED PEOPLE THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.

Program 2
Expenses: $413,175

THE RESTORE IS A RETAIL OUTLET OPEN TO THE PUBLIC. ALL FUNDS RAISED BY THE RESTORE PROVIDE DIRECT SUPPORT TO HABITAT FOR HUMANITY'S MISSION OF BUILDING STRENGTH, STABILITY AND SELF-RELIANCE THROUGH...

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THE RESTORE IS A RETAIL OUTLET OPEN TO THE PUBLIC. ALL FUNDS RAISED BY THE RESTORE PROVIDE DIRECT SUPPORT TO HABITAT FOR HUMANITY'S MISSION OF BUILDING STRENGTH, STABILITY AND SELF-RELIANCE THROUGH SHELTER IN OUR COMMUNITY. THE RESTORE ACCEPTS DROP OFFS OR WILL SCHEDULE FREE PICK UPS FOR NEW AND GENTLY USED HOME IMPROVEMENT MATERIALS, HOME GOODS, FURNITURE, LIGHTING, FLOORING AND APPLIANCES. THESE ITEMS ARE THEN SOLD AT 50-70% OFF RETAIL PRICES TO PEOPLE OF ALL INCOME LEVELS, THEREFORE GENERATING FUNDS TO BUILD MORE AFFORDABLE HOMES IN THE GREATER LOWELL AREA. THE RESTORE IS A GREEN INITIATIVE, KEEPING USEABLE BUILDING MATERIALS, HOME IMPROVEMENT PRODUCTS, FURNITURE, APPLIANCES AND HOUSEHOLD ITEMS OUT OF LANDFILLS TO THE TUNE OF ABOUT 350 TONS A YEAR, THEREBY SAVING SPACE AND MONEY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,444,912
Program Service Revenue $84,715
Investment Income $199
Other Revenue $12,469
TOTAL REVENUE $1,542,295

Expense Breakdown

Grants Paid $0
Salaries & Benefits $704,219
Fundraising Expenses $219,538
Program Expenses $792,311
Other Expenses $480,434
TOTAL EXPENSES $1,184,653

Year-over-Year Comparison

2024 2023 Change
Revenue $1,542,295 $1,600,249 0.0%
Expenses $1,184,653 $1,669,532 -0.3%
Net Income $357,642 $-69,283 -6.2%
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
13
Independent Members
13
Employees
17
Volunteers
1073

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
3
$136,253
Total Directors
13
$40,744
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHEILAGH CARLISLE EXECUTIVE DI 40.00
Officer
$95,509 $0 $95,509
ELIZABETH GARBER PRESIDENT 5.00
Officer Director
$40,744 $0 $40,744
KATHERINE ADAMS CLERK 1.00
Director
$0 $0 $0
ANDREW BARLOW DIRECTOR 20.00
Director
$0 $0 $0
SILVIA BERRIO DIRECTOR 1.00
Director
$0 $0 $0
AMANDA BERRY TREASURER 2.00
Officer Director
$0 $0 $0
JEFFREY BREM DIRECTOR 0.50
Director
$0 $0 $0
GICELLE BRITO DIRECTOR 3.00
Director
$0 $0 $0
MICHAEL COLLINS DIRECTOR 2.00
Director
$0 $0 $0
PAUL GERMANO VICE PRESIDE 1.00
Director
$0 $0 $0
PAMELA JACQUES-RAIMONDI DIRECTOR 0.00
Director
$0 $0 $0
DAVID LAURELLO DIRECTOR 8.00
Director
$0 $0 $0
JEN MCNUTT DIRECTOR 0.50
Director
$0 $0 $0
JEFF TURCOTTE DIRECTOR 1.00
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 $1,542,295 $1,184,653 $3,814,124 $357,642
2024 $1,600,249 $1,669,532 $3,171,788 $-69,283
2023 $2,025,515 $2,644,197 $3,417,455 $-618,682
2022 $1,620,766 $1,494,264 $4,083,112 $126,502
2021 $1,591,167 $1,475,224 $4,147,094 $115,943
2020 $2,493,792 $2,305,626 $4,021,244 $188,166
2019 $2,307,853 $2,026,745 $3,863,695 $281,108
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