HABITAT FOR HUMANITY MENOMINEE RIVER INC

EIN: 383095570 501(c)(3)

IRON MOUNTAIN, MI

Total Revenue
$794,450
Total Expenses
$781,844
Total Assets
$1,473,073
Net Assets
$1,393,003
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MI
Principal Officer
GLENN COSTIE
Phone
9067795377
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY MENOMINEE RIVER INC, founded in 1993, is a small nonprofit that reported $794K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

HABITAT FOR HUMANITY MENOMINEE RIVER SEEKS TO PUT GOD'S LOVE INTO ACTION. WE BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.

Program Service Accomplishments

Program 1
Expenses: $228,028 Revenue: $145,000

CREATING AFFORDABLE HOME OWNERSHIP BY MATCHING SITES, FAMILIES AND COMMUNITY VOLUNTEERS TO BUILD OR REHABILITATE HOMES USING DONATED LABOR, MATERIALS AND CONTRIBUTED FUNDS. IN FY25, 1 NEW HOME WAS...

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CREATING AFFORDABLE HOME OWNERSHIP BY MATCHING SITES, FAMILIES AND COMMUNITY VOLUNTEERS TO BUILD OR REHABILITATE HOMES USING DONATED LABOR, MATERIALS AND CONTRIBUTED FUNDS. IN FY25, 1 NEW HOME WAS SOLD TO A PARTNER FAMILY.

Program 2
Expenses: $184,988 Revenue: $235,517

THE RESTORE PROVIDES NEW AND DONATED HOME IMPROVEMENT ITEMS AS WELL AS FURNITURE AND APPLIANCES. IN ADDITION TO PROVIDING THESE MATERIALS AT AN AFFORDABLE COST, THIS ALSO HELPS KEEP MATERIAL FROM THE...

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THE RESTORE PROVIDES NEW AND DONATED HOME IMPROVEMENT ITEMS AS WELL AS FURNITURE AND APPLIANCES. IN ADDITION TO PROVIDING THESE MATERIALS AT AN AFFORDABLE COST, THIS ALSO HELPS KEEP MATERIAL FROM THE WASTE STREAM THROUGH REUSE AND RECYCLING.

Program 3
Expenses: $163,576 Revenue: $90,976

23 REPAIR PROJECTS WERE DONE FOR INCOME QUALIFIED HOME OWNERS. OF THE 23 HOME REPAIRS, 8 WERE ACCESSIBILITY REPAIRS (4 WHEEL CHAIR RAMPS, 4 STEP IN SHOWERS), 18 WERE CRITICAL REPAIRS (4 ROOF...

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23 REPAIR PROJECTS WERE DONE FOR INCOME QUALIFIED HOME OWNERS. OF THE 23 HOME REPAIRS, 8 WERE ACCESSIBILITY REPAIRS (4 WHEEL CHAIR RAMPS, 4 STEP IN SHOWERS), 18 WERE CRITICAL REPAIRS (4 ROOF REPLACEMENTS, 4 WATER HEATERS, 3 FURNACES, 4 DOOR/WINDOW REPLACEMENT, 1 SEPTIC SYSTEM/DRAINFIELD, 1 WELL, AND 1 SIDING REPLACEMENT. WE ALSO DID ONE EXTERIOR REPAIR (PAINTING/SKIRTING REPLACEMENT). SEVERAL HOMES HAD MULTIPLE REPAIRS. TWELVE OF THE REPAIRS WERE FOR VETERAN FAMILIES.

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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 $248,963
Program Service Revenue $304,975
Investment Income $8,554
Other Revenue $231,958
TOTAL REVENUE $794,450

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,496
Fundraising Expenses $3,610
Program Expenses $690,222
Other Expenses $578,348
TOTAL EXPENSES $781,844

Year-over-Year Comparison

2024 2023 Change
Revenue $794,450 $688,136 +0.2%
Expenses $781,844 $783,984 0.0%
Net Income $12,606 $-95,848 -1.1%
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
8
Independent Members
8
Employees
20
Volunteers
55

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
$30,858
Total Directors
9
$30,858
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY KULAS EXECUTIVE DI 40.00
Officer Director
$30,858 $0 $30,858
AIMEE ALLEN DIRECTOR 1.00
Director
$0 $0 $0
GLENN COSTIE PRESIDENT 1.00
Officer Director
$0 $0 $0
NANCY FINCH SECRETARY 1.00
Officer Director
$0 $0 $0
ZACHARY KUCHEL DIRECTOR 1.00
Director
$0 $0 $0
TOM MACKEY VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CARRIE PARTELLO DIRECTOR 1.00
Director
$0 $0 $0
DALE POLZIN DIRECTOR 1.00
Director
$0 $0 $0
SANDY WHITE TREASURER 1.00
Officer 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 $794,450 $781,844 $1,473,073 $12,606
2024 $688,136 $783,984 $1,464,585 $-95,848
2023 $538,538 $466,133 $1,618,094 $72,405
2022 $467,882 $425,703 $1,563,065 $42,179
2021 $664,618 $572,550 $1,490,574 $92,068
2020 $541,987 $472,131 $1,482,678 $69,856
2019 $494,639 $499,630 $1,423,335 $-4,991
2018 $541,707 $438,872 $1,419,097 $102,835
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