Habitat for Humanity of Monroe County

EIN: 351753977 501(c)(3) Housing & Shelter

Bloomington, IN

Total Revenue
$8,493,172
Total Expenses
$4,241,523
Total Assets
$15,348,248
Net Assets
$12,777,129
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IN
Phone
8123349770
Tax Period
2024-07-01 to 2025-06-30

Habitat for Humanity of Monroe County, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $8.5M in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 50% operating margin.

Mission

Habitat for Humanity of Monroe County, Inc (HFH) is a not-for-profit organization whose mission is to expand affordable housing opportunities by partnering with people in our community. Applicants qualify for Habitat's homeownership program by meeting three criteria: -Need for housing-All applicants demonstrate that they are currently living in substandard, unaffordable and/or overcrowded conditions. -Ability to pay-Applicants must be able to pay an affordable mortgage which is less than 30% of the household income. Household income should fall between 35-80% of the area median income. -Willingness to partner-Each non-dependent adult who will live in the Habitat home is required to invest a minimum of 250 hours of sweat equity. Sweat equity includes, but is not limited to, taking mandatory homeownership and financial readiness courses, volunteering on the construction site, and working in Habitat's ReStore.

Program Service Accomplishments

Program 1
Expenses: $3,286,105 Revenue: $1,684,006

Homeownership Program: Families in need of a decent place to live, build safe and affordable homes in partnership with Habitat for Humanity of Monroe County. Habitat houses are moderately sized; they...

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Homeownership Program: Families in need of a decent place to live, build safe and affordable homes in partnership with Habitat for Humanity of Monroe County. Habitat houses are moderately 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 financing its own loans, Habitat makes its houses affordable for low-income families to purchase. Owning an affordable home allows homeowners to lift up their entire family by saving for their futures, investing in educational opportunities, and supporting career growth. During fiscal year 2025, Habitat sold eight homes, financed with affordable mortgages and housing 25 individuals.

Program 2
Expenses: $518,674 Revenue: $537,996

Habitat ReStore is a home improvement store that collects new and gently used donated building materials, furniture, appliances, and other home goods and sells them to the general public at a...

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Habitat ReStore is a home improvement store that collects new and gently used donated building materials, furniture, appliances, and other home goods and sells them to the general public at a discounted rate. The profits from ReStore sales go to support the work of Habitat for Humanity of Monroe County, while also diverting waste from the landfill.

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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 $5,117,695
Program Service Revenue $2,222,002
Investment Income $1,127,713
Other Revenue $25,762
TOTAL REVENUE $8,493,172

Expense Breakdown

Grants Paid $116,000
Salaries & Benefits $1,118,935
Fundraising Expenses $236,271
Program Expenses $3,804,779
Other Expenses $3,006,588
TOTAL EXPENSES $4,241,523

Year-over-Year Comparison

2024 2023 Change
Revenue $8,493,172 $3,608,362 +1.4%
Expenses $4,241,523 $3,346,054 +0.3%
Net Income $4,251,649 $262,308 +15.2%
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
15
Independent Members
15
Employees
41
Volunteers
1400

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
4
$129,642
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Blayne Roeder Vice Chair 1.0
Officer Director
$0 $0 $0
Chris Hawk Treasurer 3.0
Officer Director
$0 $0 $0
Karan Rastall Chair 3.0
Officer Director
$0 $0 $0
Alyson Norrick Director 1.0
Director
$0 $0 $0
Bruce Miller Director 1.0
Director
$0 $0 $0
Charlie Laughlin Director 1.0
Director
$0 $0 $0
Doris Sims Director 1.0
Director
$0 $0 $0
Jennifer Hurtubise Director 1.0
Director
$0 $0 $0
Joe Fitter Director 1.0
Director
$0 $0 $0
Kate DeWeese Director 1.0
Director
$0 $0 $0
Mike Hemmerling Director 1.0
Director
$0 $0 $0
Norma Landgraff Director 1.0
Director
$0 $0 $0
Sara Ostrander Director 1.0
Director
$0 $0 $0
Virginia Githiri Director 1.0
Director
$0 $0 $0
Wendy Walter Director 1.0
Director
$0 $0 $0
Wendi Goodlett President & CEO 45.0
Officer
$122,444 $7,198 $129,642
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 $8,493,172 $4,241,523 $15,348,248 $4,251,649
2024 No data No data No data No data
2023 $5,687,552 $5,434,519 $10,480,675 $253,033
2022 $3,004,827 $2,305,116 $9,666,364 $699,711
2021 $3,313,805 $1,865,837 $7,885,885 $1,447,968
2020 $2,820,269 $2,515,319 $7,391,985 $304,950
2019 $2,527,587 $3,105,945 $7,237,105 $-578,358
2018 $3,246,620 $3,154,532 $6,809,357 $92,088
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