Brookings Area Habitat for Humanity Inc

EIN: 460437158 501(c)(3)

Brookings, SD

Total Revenue
$1,650,978
Total Expenses
$1,345,713
Total Assets
$4,126,975
Net Assets
$3,740,886
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
SD
Principal Officer
Jessica Wulf
Phone
6056925601
Tax Period
2024-07-01 to 2025-06-30

Brookings Area Habitat for Humanity Inc, founded in 1995, is a small nonprofit that reported $794K in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year. Net assets of $2.3M represent 35 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. Brookings Area Habitat for Humanity 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.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $460,732
Program Service Revenue $1,112,298
Investment Income $27,195
Other Revenue $50,753
TOTAL REVENUE $1,650,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $370,021
Fundraising Expenses $0
Program Expenses $1,278,562
Other Expenses $975,692
TOTAL EXPENSES $1,345,713

Year-over-Year Comparison

2024 2023 Change
Revenue $1,650,978 $1,547,944 +0.1%
Expenses $1,345,713 $1,919,112 -0.3%
Net Income $305,265 $-371,168 -1.8%
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
11
Independent Members
11
Employees
13
Volunteers
401

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
$19,500
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Wulf Executive Dir. 40.00
Officer
$19,500 $0 $19,500
Jeff Grant Director 1.00
Director
$0 $0 $0
Cindy Dannenbring Director 1.00
Director
$0 $0 $0
Scott Parsley Director 1.00
Director
$0 $0 $0
Jim Hopewell Director 1.00
Director
$0 $0 $0
Alan Cook Director 1.00
Director
$0 $0 $0
Todd Stratmoen Director 1.00
Director
$0 $0 $0
Joseph Murphy Vice President 1.00
Officer
$0 $0 $0
Yura Chong-Elverud Treasurer 1.00
Officer
$0 $0 $0
Keith Rounds President 1.00
Officer
$0 $0 $0
Heather Solberg Secretary 1.00
Officer
$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 $1,650,978 $1,345,713 $4,126,975 $305,265
2024 $1,547,944 $1,919,112 $4,005,842 $-371,168
2023 $1,552,463 $1,388,987 $4,164,030 $163,476
2022 $1,190,947 $1,229,145 $3,994,136 $-38,198
2021 $2,070,048 $878,235 $4,006,787 $1,191,813
2020 $1,054,910 $920,049 $3,046,150 $134,861
2019 $793,903 $799,809 $2,640,107 $-5,906
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