TACOMAPIERCE COUNTY HABITAT FOR HUMANIT

EIN: 581735531 501(c)(3) Housing & Shelter

TACOMA, WA

Total Revenue
$25,766,572
Total Expenses
$14,161,381
Total Assets
$50,839,686
Net Assets
$30,000,075
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
WA
Principal Officer
SHERRANA KILDUN
Phone
2536275626
Tax Period
2024-07-01 to 2025-06-30

TACOMAPIERCE COUNTY HABITAT FOR HUMANIT, founded in 1986, is a mid-sized nonprofit in the Housing & Shelter sector that reported $25.8M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.6M, a strong 45% operating margin.

Mission

TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY SEEKS TO PUT GOD'S LOVE INTO ACTION, BY PARTNERING WITH PEOPLE TO ACHIEVE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND TO BUILD GENERATIONAL WEALTH, HOPE AND OPPORTUNITY.

Program Service Accomplishments

Program 1
Expenses: $12,382,510 Revenue: $5,787,017

SINCE 1985, TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY HAS BRIDGED THE GAP BETWEEN THE HOUSING CRISIS AND AFFORDABLE HOMEOWNERSHIP, HELPING OVER 300 FAMILIES STEP INTO FIRST-TIME HOMEOWNERSHIP. WE...

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SINCE 1985, TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY HAS BRIDGED THE GAP BETWEEN THE HOUSING CRISIS AND AFFORDABLE HOMEOWNERSHIP, HELPING OVER 300 FAMILIES STEP INTO FIRST-TIME HOMEOWNERSHIP. WE WORK WITH INCOME-QUALIFIED HOUSEHOLDS EARNING AT OR BELOW 80% OF THE AREA MEDIAN INCOME (AMI) - MANY OF WHOM HAVE BEEN PRICED OUT BY EVER-INCREASING HOME PRICES. WITH A COMMITTED AND DIVERSE TEAM, TACOMA HABITAT OFFERS A COMPREHENSIVE RANGE OF HOMEOWNERSHIP SERVICES IN PIERCE COUNTY - INCLUDING HOUSING DEVELOPMENT, COUNSELING, ADVOCACY AND HOME REPAIR.HOMEOWNERSHIP: TACOMA HABITAT IS COMMITTED TO PROVIDING AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR PIERCE COUNTY FAMILIES EARNING UP TO 80% OF THE AREA MEDIAN INCOME. WE BUILD AROUND 10 NEW CONSTRUCTION HOMES PER YEAR AND AIM TO REHABILITATE 10-20 HOMES A YEAR WITH OUR HOUSING PRESERVATION PROJECT. POTENTIAL HOMEOWNERS MUST BE ABLE TO AFFORD A MONTHLY MORTGAGE THAT DOES NOT EXCEED 30% OF THEIR INCOME AND COMMIT TO SWEAT EQUITY HOURS TO BUILD THEIR HOME AND THOSE OF THEIR HABITAT NEIGHBORS.HOUSING COUNSELING: TACOMA HABITAT IS A HUD-CERTIFIED HOUSING COUNSELING AGENCY. OUR HOUSING COUNSELORS MEET WITH FUTURE HABITAT HOMEOWNERS BUT ALSO PROVIDE COUNSELING TO ALL RESIDENTS LOCATED IN PIERCE COUNTY. THEY PROVIDE ONE-ON-ONE SUPPORT AS WELL AS HOMEOWNERSHIP-PREPAREDNESS AND FORECLOSURE PREVENTION WORKSHOPS THROUGHOUT THE YEAR. AGING IN PLACE: TACOMA HABITAT OFFERS CRITICAL HOME REPAIRS AND MODIFICATIONS FOR SENIORS, VETERANS AND PERSONS WITH DISABILITIES TO HELP MAINTAIN A SAFE AND LIVABLE HOME. THIS CAN BE AS SIMPLE AS A RAMP TO THE FRONT DOOR TO AS SUBSTANTIAL AS REPLACING AN ENTIRE ROOF. WE HAVE ASSISTED OVER 250 HOUSEHOLDS SINCE THE INCEPTION OF THIS PROGRAM IN 2020COMPLETING ABOUT 50-55 PER YEAR.TACOMA HABITAT HAS BEEN DRIVEN BY VOLUNTEERISM EVER SINCE OUR FOUNDING IN 1985PARTICIPATION AND COMMUNITY ARE HABITAT'S GREATEST STRENGTHS. EVERY YEAR, OVER 1,100 VOLUNTEERS HELP US BUILD HOMES, WORK IN THE OFFICE AND SUPPORT THE ORGANIZATION'S RETAIL STORES. WE ALSO FACILITATE VOLUNTEER BUILD TRIPS TO INTERNATIONAL AFFILIATES ACROSS THE WORLD. ALSO TO SUPPORT OUR MISSION, TACOMA HABITAT HAS FOUR RETAIL STORES LOCATED IN TACOMA, PUYALLUP, SPANAWAY AND LAKEWOOD. THE STORES OFFER GENTLY USED FURNITURE, APPLIANCES, AND BUILDING SUPPLIES AT GREATLY REDUCED PRICES. PROFIT FROM THE STORES HELPS BUILD MORE AFFORDABLE HOMES IN PIERCE COUNTY.TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY HAS ALWAYS VALUED PARTNERSHIPS THROUGHOUT OUR HISTORY. TOGETHERWE BUILD AFFORDABILITY AND FINANCIAL INDEPENDENCE FOR WORKING CLASS FAMILIES IN PIERCE COUNTY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,790,840
Program Service Revenue $5,193,996
Investment Income $268,991
Other Revenue $512,745
TOTAL REVENUE $25,766,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,851,082
Fundraising Expenses $575,349
Program Expenses $12,382,510
Other Expenses $9,310,299
TOTAL EXPENSES $14,161,381

Year-over-Year Comparison

2024 2023 Change
Revenue $25,766,572 $17,760,201 +0.5%
Expenses $14,161,381 $10,277,302 +0.4%
Net Income $11,605,191 $7,482,899 +0.6%
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
16
Independent Members
16
Employees
106
Volunteers
1180

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
7
$353,417
Total Directors
17
$209,305
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK HOLCOMB IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
BARTY BRYNESTAD DIRECTOR 2.00
Director
$0 $0 $0
BART BRYNESTAD DIRECTOR 2.00
Director
$0 $0 $0
SCOTT RITCHIE TREASURER 2.00
Officer Director
$0 $0 $0
MAUREEN FIFE CEO 40.00
Officer Director
$186,067 $23,238 $209,305
STUART YOUNG DIRECTOR 2.00
Director
$0 $0 $0
LAUDAN ESPINOZA DIRECTOR 2.00
Director
$0 $0 $0
LIBBY CATALINICH PRESIDENT 2.00
Officer Director
$0 $0 $0
THERESA BOYLE DIRECTOR 2.00
Director
$0 $0 $0
CHRIS HUSS DIRECTOR 2.00
Director
$0 $0 $0
LAUREN FLEMISTER VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ANNE JONES DIRECTOR 2.00
Director
$0 $0 $0
KENT KORNEISEL SECRETARY 2.00
Officer Director
$0 $0 $0
CHRISTOPHER HUSS DIRECTOR 2.00
Director
$0 $0 $0
THULI LUSHABA DIRECTOR 2.00
Director
$0 $0 $0
ALEX HARMON DIRECTOR 2.00
Director
$0 $0 $0
ALI MODARRES DIRECTOR 2.00
Director
$0 $0 $0
SHERRANA KILDUN CHIEF PHILANTHROPY OFFICER 40.00
Officer
$125,783 $18,329 $144,112
EDWARD DOPP DIRECTOR OF OPERATION 40.00
Highest
$111,545 $20,912 $132,457
DEENA GIESEN DIRECTOR HOMEOWNER SERVICES 40.00
Highest
$102,909 $14,756 $117,665
JOSELINE COLLINS DIRECTOR OF FINANCE (FORMER) 40.00
$106,732 $23,047 $129,779
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 $25,766,572 $14,161,381 $50,839,686 $11,605,191
2024 $17,760,201 $10,277,302 $39,652,849 $7,482,899
2023 $8,455,826 $7,215,268 $19,291,470 $1,240,558
2022 $12,307,277 $6,141,045 $17,866,914 $6,166,232
2021 $8,110,979 $6,798,207 $12,637,025 $1,312,772
2020 $5,179,676 $5,265,083 $12,159,292 $-85,407
2019 $7,113,294 $6,624,946 $11,762,928 $488,348
2018 $6,546,012 $6,724,223 $17,936,945 $-178,211
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