RARITAN VALLEY HABITAT FOR HUMANITY INC

EIN: 223126027 501(c)(3)

PLUCKEMIN, NJ

Total Revenue
$2,082,561
Total Expenses
$1,916,308
Total Assets
$3,358,761
Net Assets
$1,994,748
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NJ
Principal Officer
DAVID CHECCHIO
Phone
9087040016
Tax Period
2024-07-01 to 2025-06-30

RARITAN VALLEY HABITAT FOR HUMANITY INC, founded in 1992, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.9M left a modest 8% surplus.

Mission

RARITAN VALLEY HABITAT FOR HUMANITY, INC. (ORGANIZATION") IS ANOT-FOR-PROFIT ORGANIZATION THAT BUILDS AND PRESERVES AFFORDABLE HOMESIN SOMERSET AND HUNTERDON COUNTIES (NEW JERSEY) IN PARTNERSHIP WITHLOW- AND MODERATE- INCOME HOMEOWNERS AND THE COMMUNITY. THEORGANIZATION IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL,INC. DURING 2018, THE ORGANIZATION OPENED A HABITAT FOR HUMANITYRESTORE IN MANVILLE, SOMERSET COUNTY. A HABITAT RESTORE SELLS NEW ANDGENTLY-USED, DONATED FURNITURE, APPLIANCES, HOME DECOR AND BUILDINGSUPPLIES TO THE PUBLIC AT A FRACTION OF THEIR RETAIL PRICES. ITBENEFITS THE COMMUNITY BY PROVIDING HIGH-QUALITY ITEMS AT AFFORDABLEPRICES, GENERATING PROCEEDS TO FUND THE BUILDING AND REPAIR OF MOREAFFORDABLE HOMES, AND KEEPING ITEMS OUT OF LANDFILLS.

Program Service Accomplishments

Program 1
Expenses: $961,798 Revenue: $854,435

THE RVHFH HABITAT RESTORE RAISES FUNDS TO ENABLE THE ORGANIZATION TO BUILD HOMES FOR MORE FAMILIES IN THE LOCAL AREA. THE RESTORE BENEFITS THE ENTIRE COMMUNITY BY OFFERING NEW AND GENTLY-USED...

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THE RVHFH HABITAT RESTORE RAISES FUNDS TO ENABLE THE ORGANIZATION TO BUILD HOMES FOR MORE FAMILIES IN THE LOCAL AREA. THE RESTORE BENEFITS THE ENTIRE COMMUNITY BY OFFERING NEW AND GENTLY-USED HOUSEHOLD GOODS AND BUILDING SUPPLIES TO THE PUBLIC AT BARGAIN PRICES, PROVIDES REWARDING VOLUNTEER OPPORTUNITIES, AND KEEPS ITEMS OUT OF LANDFILLS. THE RVHFH RESTORE DONATES FURNITURE AND OTHER HOUSEHOLD GOODS TO SOCIAL SERVICE AGENCIES TO SUPPORT CITIZENS IN THE LOCAL COMMUNITY.

Program 2
Expenses: $514,388 Revenue: $106,617

RARITAN VALLEY HABITAT FOR HUMANITY, INC. (RVHFH) BUILDS STRENGTH, STABILITY AND SELF-RELIANCE FOR LOW-AND MODERATE-INCOME INDIVIDUALS ANDFAMILIES IN HUNTERDON AND SOMERSET COUNTIES THROUGH...

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RARITAN VALLEY HABITAT FOR HUMANITY, INC. (RVHFH) BUILDS STRENGTH, STABILITY AND SELF-RELIANCE FOR LOW-AND MODERATE-INCOME INDIVIDUALS ANDFAMILIES IN HUNTERDON AND SOMERSET COUNTIES THROUGH AFFORDABLLE HOMEOWNERSHIP OPPORTUNITIES. THE HABITAT PROGRAM IS TRULY UNIQUE; PARTNER HOMEOWNERS INVEST 250-500+ HOURS WORKING ALONGSIDE VOLUNTEERS FROM ACROSS THE COMMUNITY TO BUILD THEIR HOMES, AND, AT THE SAME TIME, BUILD BRIDGES OF UNDERSTANDING, EMPATHY AND RESPECT BETWEEN DIVERSE GROUPS. RVHFH EXTENDS A 0%-INTEREST MORTGAGE TO PARTNER HOMEOWNERS, AND, BECAUSE OF THE EXTENSIVE SUPPORT OF DEDICATED, SKILLED VOLUNTEERS, IS ABLE TO SELL HOMES FOR A FRACTION OF THEIR MARKET VALUE. AS A RESULT, ABLE TO SELL HOMES FOR A FRACTION OF THEIR MARKET VALUE. AS A RESULT, PARTNER HOMEOWNERS' MONTHLY MORTGAGE PAYMENTS ARE SIGNIFICANTLY LESS THAN THEY HAVE BEEN PAYING FOR RENT, ALLOWING THEM TO SET ASIDE MONEY EACH MONTH TO BUILD SAVINGS, OBTAIN NEEDED MEDICAL AND DENTAL CARE, GO BACK TO SCHOOL TO INCREASE THEIR EARNINGS POTENTIAL AND SAVE FOR THEIR CHILDREN'S COLLEGE EDUCATION. THE OPPORTUNITY TO LIVE IN A DECENT, HEALTHY AND STABLE HOUSEHOLD IN A SAFE, NURTURING NEIGHBORHOOD WITH ACCESS TO GOOD MEDICAL CARE, SCHOOLS, RECREATION, AND ROLE MODELS TRANSFORMS LIVES FOR GENERATIONS TO COME.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,047,479
Program Service Revenue $961,052
Investment Income $72,346
Other Revenue $1,684
TOTAL REVENUE $2,082,561

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,110,332
Fundraising Expenses $106,125
Program Expenses $1,476,186
Other Expenses $805,976
TOTAL EXPENSES $1,916,308

Year-over-Year Comparison

2024 2023 Change
Revenue $2,082,561 $2,916,085 -0.3%
Expenses $1,916,308 $3,855,411 -0.5%
Net Income $166,253 $-939,326 -1.2%
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
12
Independent Members
12
Employees
23
Volunteers
603

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
6
$148,643
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID CHECCHIO PRESIDENT 5.00
Officer Director
$0 $0 $0
RENEE CASEY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JEREMY GREENMAN TREASURER 2.00
Officer Director
$0 $0 $0
ELLEN MICHELLE HARRIS SECRETARY 2.00
Officer Director
$0 $0 $0
LISA BORROMEO CHECCHIO BOARD MEMBER 2.00
Director
$0 $0 $0
CARLA DAVID BOARD MEMBER 2.00
Director
$0 $0 $0
SONDRA LEIBNER BOARD MEMBER 2.00
Director
$0 $0 $0
VERA MCAVOY BOARD MEMBER 2.00
Director
$0 $0 $0
JIM DONOVAN BOARD MEMBER 2.00
Director
$0 $0 $0
URSULA SANJAMINO ED D BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL SCRIBNER BOARD MEMBER 2.00
Director
$0 $0 $0
NEIL VIOTTO BOARD MEMBER 2.00
Director
$0 $0 $0
MELISSA FLYNN EXECUTIVE DIRECTOR 40.00
Officer
$86,117 $0 $86,117
JESSICA ABBOTT EXECUTIVE DIRECTOR 40.00
Officer
$62,526 $0 $62,526
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 $2,082,561 $1,916,308 $3,358,761 $166,253
2024 $2,916,085 $3,855,411 $2,823,419 $-939,326
2023 $1,826,402 $1,825,119 $3,961,332 $1,283
2022 $1,990,046 $1,967,926 $3,183,578 $22,120
2021 $1,505,774 $1,203,405 $3,309,342 $302,369
2020 $1,595,217 $1,194,037 $3,047,449 $401,180
2019 $1,060,012 $1,438,659 $2,563,327 $-378,647
2018 $751,458 $439,957 $2,947,484 $311,501
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