KNOXVILLE HABITAT FOR HUMANITY INC

EIN: 581727980 501(c)(3)

KNOXVILLE, TN

Total Revenue
$6,198,331
Total Expenses
$7,003,349
Total Assets
$16,874,378
Net Assets
$11,620,367
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
TN
Principal Officer
ANNA ENGELSTAD
Phone
8655233539
Tax Period
2024-07-01 to 2025-06-30

KNOXVILLE HABITAT FOR HUMANITY INC, founded in 1985, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Expenses of $7.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, KNOXVILLE HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. OUR VISION IS A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.

Program Service Accomplishments

Program 1
Expenses: $3,949,154 Revenue: $2,312,424

KNOXVILLE HABITAT FOR HUMANITY PARTNERS WITH LOCAL LOW-INCOME FAMILIES TO HELP THEM BUILD A PLACE THEY CAN CALL HOME. FAMILIES WHO PARTNER WITH KNOXVILLE HABITAT EARN 80% OR LESS THAN THE AREA MEDIAN...

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KNOXVILLE HABITAT FOR HUMANITY PARTNERS WITH LOCAL LOW-INCOME FAMILIES TO HELP THEM BUILD A PLACE THEY CAN CALL HOME. FAMILIES WHO PARTNER WITH KNOXVILLE HABITAT EARN 80% OR LESS THAN THE AREA MEDIAN INCOME. WITH THE HELP OF VOLUNTEERS AND UNDER THE LEADERSHIP OF KNOXVILLE HABITAT, THE PARTNER FAMILY COMPLETES HOMEOWNER EDUCATION AND BUILDS A HOME. ONCE COMPLETED, THE FAMILY PURCHASES THE HOME AT AN AFFORDABLE AMOUNT WITH A 30-YEAR, 0%-INTEREST MORTGAGE. ALL PARTIES WORK TOGETHER TO HELP LOCAL FAMILIES BUILD THE STRENGTH, STABILITY AND INDEPENDENCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES.

Program 2
Expenses: $620,015

PARTNER FAMILIES COMPLETE 300 HOURS OF "SWEAT EQUITY" (HOMEOWNER EDUCATION) TO BUILD AND PURCHASE THEIR AFFORDABLE HOME. KNOXVILLE HABITAT FOR HUMANITY PROVIDES MORE THAN 200 HOMEOWNER EDUCATION...

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PARTNER FAMILIES COMPLETE 300 HOURS OF "SWEAT EQUITY" (HOMEOWNER EDUCATION) TO BUILD AND PURCHASE THEIR AFFORDABLE HOME. KNOXVILLE HABITAT FOR HUMANITY PROVIDES MORE THAN 200 HOMEOWNER EDUCATION CLASSES EACH YEAR. CLASSES ARE OFFERED ON MULTIPLE DAYS OF THE WEEK AND AT VARYING TIMES TO ACCOMMODATE SHIFT WORKERS. IN ADDITION TO WEEKLY BUDGETING CLASSES, THE CURRICULUM ALSO INCLUDES TOPICS SUCH AS: TELLING YOUR STORY, ORIENTATION 1 & 2, HOME MAINTENANCE, ENERGY EFFICIENCY, NUTRITION AND FOOD BUDGETS, GOOD NEIGHBOR 1 & 2, HOUSE CONSTRUCTION AND PURCHASE AGREEMENTS, AND A WILLS CLINIC. OUR FAMILY SERVICES STAFF WORK WITH FAMILIES BETWEEN CLASSES TO HELP THEM ADDRESS NEEDS AND NAVIGATE DEADLINES. KNOXVILLE HABITAT HAS A 96.7% HOMEOWNERSHIP SUCCESS RATE THAT IS GREATLY DUE TO THE OUTSTANDING 9 TO 18-MONTH HOMEOWNER EDUCATION AND FAMILY SUPPORT PROGRAM.

Program 3
Expenses: $1,337,129 Revenue: $142,178

EVERY PURCHASE CREATES AN OPPORTUNITY FOR A BETTER LIFE. THE KNOXVILLE HABITAT FOR HUMANITY RESTORE ACCEPTS DONATIONS OF NEW AND USED FURNITURE, CLOTHING, HOUSEHOLD ITEMS, BUILDING MATERIALS...

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EVERY PURCHASE CREATES AN OPPORTUNITY FOR A BETTER LIFE. THE KNOXVILLE HABITAT FOR HUMANITY RESTORE ACCEPTS DONATIONS OF NEW AND USED FURNITURE, CLOTHING, HOUSEHOLD ITEMS, BUILDING MATERIALS, APPLIANCES AND MORE AND OFFERS THESE ITEMS FOR SALE TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE. TAX-DEDUCTIBLE DONATIONS ARE ACCEPTED AT THE RESTORE, OR DONORS MAY ARRANGE FOR A SCHEDULED PICK UP FOR LARGER ITEMS. HIGHLY DESIRABLE ITEMS ARE MADE AVAILABLE FOR SALE TO THE PUBLIC, AND PROCEEDS FROM SALES HELP SUPPORT THE MISSION AND WORK OF KNOXVILLE HABITAT FOR HUMANITY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,621,405
Program Service Revenue $2,292,337
Investment Income $116,106
Other Revenue $168,483
TOTAL REVENUE $6,198,331

Expense Breakdown

Grants Paid $25,351
Salaries & Benefits $2,600,800
Fundraising Expenses $349,722
Program Expenses $5,906,298
Other Expenses $4,377,198
TOTAL EXPENSES $7,003,349

Year-over-Year Comparison

2024 2023 Change
Revenue $6,198,331 $6,357,130 0.0%
Expenses $7,003,349 $6,751,055 +0.0%
Net Income $-805,018 $-393,925 +1.0%
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
18
Independent Members
18
Employees
44
Volunteers
1075

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
1
$146,034
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREL HOWANITZ DIRECTOR 1.00
Director
$0 $0 $0
BRENT BALL DIRECTOR 1.00
Director
$0 $0 $0
GABRIEL BOLAS DIRECTOR 1.00
Director
$0 $0 $0
AARON GRAY DIRECTOR 1.00
Director
$0 $0 $0
LYNNE LIDDINGTON DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY CATE VOGEL DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA BALL SECRETARY 1.00
Director
$0 $0 $0
PAT BRIGHT DIRECTOR 1.00
Director
$0 $0 $0
PAMELA DAWSON DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY MARTIN CHAIR ELECT 1.00
Director
$0 $0 $0
PALMER CANTLER PAST CHAIR 1.00
Director
$0 $0 $0
LEANN HEIDENREICH TREASURER 1.00
Director
$0 $0 $0
TY HALL DIRECTOR 1.00
Director
$0 $0 $0
LEEANN FOSTER DIRECTOR 1.00
Director
$0 $0 $0
TERRY CLINE DIRECTOR 1.00
Director
$0 $0 $0
GINA OSTER DIRECTOR 1.00
Director
$0 $0 $0
KEVIN PERRY DIRECTOR 1.00
Director
$0 $0 $0
VALERIE WALLS DIRECTOR 1.00
Director
$0 $0 $0
ANNA ENGELSTAD PRESIDENT/CEO 40.00
Officer
$126,499 $19,535 $146,034
LANCE WEEDEN CFO 40.00
Highest
$125,080 $4,337 $129,417
KELLE SHULTZ FORMER CEO 40.00
$149,186 $7,466 $156,652
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 $6,198,331 $7,003,349 $16,874,378 $-805,018
2024 $6,357,130 $6,751,055 $17,539,986 $-393,925
2023 $6,253,780 $5,537,352 $18,160,099 $716,428
2022 $7,598,798 $5,921,525 $15,712,472 $1,677,273
2021 $8,227,992 $5,776,292 $14,590,203 $2,451,700
2020 $5,232,971 $6,235,874 $11,389,526 $-1,002,903
2019 $5,013,091 $4,384,034 $12,289,132 $629,057
2018 $4,445,017 $4,460,324 $11,124,844 $-15,307
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