HABITAT FOR HUMANITY OF KENT COUNTY INC

EIN: 382527968 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
$6,194,963
Total Expenses
$6,274,028
Total Assets
$24,808,220
Net Assets
$17,576,037
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
BEVERLY THIEL
Phone
6167742431
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY OF KENT COUNTY INC, founded in 1983, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $17.6M represent 34 months of operating reserves.

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 KENT COUNTY 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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,760,846
Program Service Revenue $2,078,685
Investment Income $288,181
Other Revenue $67,251
TOTAL REVENUE $6,194,963

Expense Breakdown

Grants Paid $45,565
Salaries & Benefits $2,849,036
Fundraising Expenses $776,066
Program Expenses $4,486,554
Other Expenses $3,379,427
TOTAL EXPENSES $6,274,028

Year-over-Year Comparison

2024 2023 Change
Revenue $6,194,963 $7,118,529 -0.1%
Expenses $6,274,028 $7,042,098 -0.1%
Net Income $-79,065 $76,431 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
56
Volunteers
1712

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
$277,355
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASSANDRA ORACZ CHAIR 1.00
Officer Director
$0 $0 $0
JUSTINE BURDETTE VICE-CHAIR 1.00
Officer Director
$0 $0 $0
PAUL KEIFER TREASURER 1.00
Officer Director
$0 $0 $0
ERIC FISHER SECRETARY 1.00
Officer Director
$0 $0 $0
KARLA AMAYA-LEONE BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE BELLOVICH BOARD MEMBER 1.00
Director
$0 $0 $0
MATT BENNETT BOARD MEMBER 1.00
Director
$0 $0 $0
RICH CHERRY BOARD MEMBER 1.00
Director
$0 $0 $0
JESICA CROSBY BOARD MEMBER 1.00
Director
$0 $0 $0
FRED JOHNSON III BOARD MEMBER 1.00
Director
$0 $0 $0
AARON JONKER BOARD MEMBER 1.00
Director
$0 $0 $0
DUFF LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
GREG SCHMIDT BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN SULLIVAN BOARD MEMBER 1.00
Director
$0 $0 $0
JANET VELDHOUSE BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE VISSER BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE YATES BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
GREG MCCORMICK BOARD MEMBER - PART YEAR 1.00
Director
$0 $0 $0
BEVERLY THIEL CEO 40.00
Officer
$139,490 $7,167 $146,657
WAYNE WEST CFO 40.00
Officer
$104,695 $26,003 $130,698
SARAH HOTCHKISS VP OF DEVELOPMENT AND COMMUNICATIONS 40.00
Highest
$108,520 $13,905 $122,425
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 $6,194,963 $6,274,028 $24,808,220 $-79,065
2024 $7,118,529 $7,042,098 $19,914,118 $76,431
2023 $7,644,616 $7,414,901 $19,171,495 $229,715
2022 $7,407,281 $5,443,708 $21,038,671 $1,963,573
2021 $6,194,685 $7,827,479 $19,703,922 $-1,632,794
2020 $5,640,104 $7,796,144 $21,664,858 $-2,156,040
2019 $10,912,201 $8,999,022 $23,270,452 $1,913,179
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HABITAT FOR HUMANITY OF KENT COUNTY INC with other nonprofits in Michigan and across the country.