HABITAT FOR HUMANITY - CENTRAL BERKSHIRE

EIN: 043157085 501(c)(3) Housing & Shelter

PITTSFIELD, MA

Total Revenue
$3,704,632
Total Expenses
$2,909,040
Total Assets
$4,819,221
Net Assets
$4,639,412
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
LUIS COELHO
Phone
4134423181
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY - CENTRAL BERKSHIRE, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $796K, a strong 21% operating margin.

Mission

CBHFH, AN AFFORDABLE HOUSING DEVELOPER WHO BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. CBHFH PARTNERS WITH LOW AND MODERATE INCOME FAMILIES TO BUILD AND REHABILITATE SIMPLE, DECENT, ENERGY EFFICIENT HOMES FOR HOME OWNERSHIP. ALL PEOPLE ARE INVITED TO JOIN CBHFH IN BUILDING STRENGTH, STABILITY, AND SELF-RELIANCE THROUGH SHELTER. CBHFH STRIVES TO RECOGNIZE AND VALUE THE DIVERSE NEEDS AND CONTRIBUTIONS OF COMMUNITY MEMBERS TO BUILD A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.

Program Service Accomplishments

Program 1
Expenses: $2,202,662 Revenue: $827,685

THE ORGANIZATION PROVIDES OPPORTUNITIES FOR HOMEOWNERSHIP TO ELIGIBLE FAMILIES IN THE CENTRAL BERKSHIRE COUNTY AREA, INCLUDING PITTSFIELD, DALTON, HANCOCK, LANESBOROUGH, LEE, LENOX, PERU, RICHMOND...

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THE ORGANIZATION PROVIDES OPPORTUNITIES FOR HOMEOWNERSHIP TO ELIGIBLE FAMILIES IN THE CENTRAL BERKSHIRE COUNTY AREA, INCLUDING PITTSFIELD, DALTON, HANCOCK, LANESBOROUGH, LEE, LENOX, PERU, RICHMOND, AND WINDSOR MASSACHUSETTS. EACH HABITAT FAMILY HELPS REHABILITATE OR BUILD THEIR OWN HOME BY PROVIDING AT LEAST 350 HOURS OF PARTNERSHIP EQUITY. WHEN THE HOMES ARE COMPLETE, THE ORGANIZATION SELLS THEM TO THE FAMILIES FOR AN AFFORDABLE PRICE WHICH IS EQUAL TO OR LESS THAN THE FINAL ACCUMULATED DEVELOPMENT VALUE OF THE PROPERTIES AND ALSO PROVIDES THE FAMILIES WITH A NON-INTEREST BEARING MORTGAGE LOAN. THE ORGANIZATION PROVIDES TECHNICAL HOUSING SERVICES, HOUSING PROGRAM AND POLICY ASSISTANCE, AND RESEARCH AND INFORMATION SERVICES TO LOW-INCOME HOUSEHOLDS THAT WISH TO BUILD, REPAIR, RENOVATE, RELOCATE HOMES, OR TO PURCHASE AND PREPARE SITES.

Program 2
Expenses: $473,286 Revenue: $443,128

RESTORE PROGRAM: THE RESTORE WAS OPENED IN MARCH 2009 TO SELL DONATED BUILDING SUPPLIES, WOODEN FURNITURE AND APPLIANCES TO THE PUBLIC WITH ALL OF THE FUNDS USED TO SUPPORT THE BUILDING OF HOMES AND...

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RESTORE PROGRAM: THE RESTORE WAS OPENED IN MARCH 2009 TO SELL DONATED BUILDING SUPPLIES, WOODEN FURNITURE AND APPLIANCES TO THE PUBLIC WITH ALL OF THE FUNDS USED TO SUPPORT THE BUILDING OF HOMES AND PROGRAMS. THE RESTORE IS STAFFED BY EMPLOYEES AND VOLUNTEERS AND ALL GOODS SOLD HAVE BEEN DONATED.

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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 $2,331,409
Program Service Revenue $1,251,785
Investment Income $102,410
Other Revenue $19,028
TOTAL REVENUE $3,704,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,247,379
Fundraising Expenses $79,196
Program Expenses $2,675,948
Other Expenses $1,661,661
TOTAL EXPENSES $2,909,040

Year-over-Year Comparison

2024 2023 Change
Revenue $3,704,632 $2,623,937 +0.4%
Expenses $2,909,040 $2,464,456 +0.2%
Net Income $795,592 $159,481 +4.0%
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
15
Independent Members
15
Employees
32
Volunteers
325

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
$140,109
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA RICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTOPHER MOON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LOU COELHO TREASURER 1.00
Officer Director
$0 $0 $0
BRANDY MCKIE CLERK 1.00
Officer Director
$0 $0 $0
STACEY CARVER DIRECTOR 1.00
Director
$0 $0 $0
NICK GREENE DIRECTOR 1.00
Director
$0 $0 $0
JON KELLOGG DIRECTOR 1.00
Director
$0 $0 $0
VICKY MAY DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN STRAUSS DIRECTOR 1.00
Director
$0 $0 $0
JACOB BEK DIRECTOR 1.00
Director
$0 $0 $0
RADCLIFFE HAREWOOD DIRECTOR 1.00
Director
$0 $0 $0
KACI NOWICKI DIRECTOR 1.00
Director
$0 $0 $0
BRENDA PETELL DIRECTOR 1.00
Director
$0 $0 $0
MAGGIE STEELE DIRECTOR 1.00
Director
$0 $0 $0
CATE TOWER DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN VALLI EXECUTIVE DIRECTOR 40.00
Officer
$131,111 $8,998 $140,109
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 $3,704,632 $2,909,040 $4,819,221 $795,592
2024 $2,623,937 $2,464,456 $4,065,055 $159,481
2023 $1,855,446 $1,671,077 $3,943,362 $184,369
2022 $2,396,947 $1,772,276 $3,644,404 $624,671
2021 $1,991,262 $1,685,555 $3,097,954 $305,707
2020 $1,391,981 $1,205,204 $2,753,376 $186,777
2019 $1,307,950 $1,049,949 $2,278,808 $258,001
2018 $1,108,364 $1,069,477 $2,018,156 $38,887
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