HABITAT FOR HUMANITY LAS VEGAS

EIN: 880268803 501(c)(3) Housing & Shelter

LAS VEGAS, NV

Total Revenue
$2,463,630
Total Expenses
$1,269,460
Total Assets
$7,421,143
Net Assets
$5,633,891
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NV
Principal Officer
ANGELA PHILLIPS
Phone
7026386477
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY LAS VEGAS, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 48% operating margin.

Mission

HABITAT FOR HUMANITY LAS VEGAS, INC. (HABITAT) A NOT-FOR-PROFIT ORGANIZATION LOCATED IN LAS VEGAS, NEVADA WAS ESTABLISHED IN 1990. HABITAT'S PURPOSE IS TO BUILD LOW COST HOUSES WITH THE HELP OF THE HOMEOWNER FAMILIES, WHICH ARE TRANSFERRED TO THE FAMILIES AT NO PROFIT AND FINANCED BY HABITAT WITH AFFORDABLE, NO-INTEREST LOANS.

Program Service Accomplishments

Program 1
Expenses: $878,570 Revenue: $892,594

SINCE 1991, HABITAT FOR HUMANITY LAS VEGAS (HFHLV) HAS BEEN BUILDING AFFORDABLE HOUSING IN THE LAS VEGAS COMMUNITY AND HAS PROVIDED SAFE, SECURE SHELTER FOR OVER 121 LOCAL LOW-TO-MODERATE INCOME...

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SINCE 1991, HABITAT FOR HUMANITY LAS VEGAS (HFHLV) HAS BEEN BUILDING AFFORDABLE HOUSING IN THE LAS VEGAS COMMUNITY AND HAS PROVIDED SAFE, SECURE SHELTER FOR OVER 121 LOCAL LOW-TO-MODERATE INCOME FAMILIES - 418 PEOPLE, INCLUDING 264 CHILDREN - WHILE ALSO COMPLETING 87 NEIGHBORHOOD REVITALIZATION PROJECTS IN THE SAME AREAS IN WHICH WE BUILT HOMES. IN 2022, HABITAT EXPANDED THEIR PROGRAM DELIVERY AND BEGAN PROVIDING FINANCIAL EDUCATION COURSES TO LOCAL LOW-TO-MIDDLE INCOME PEOPLE AND HAVE HELD 142 CLASSES AND ASSISTED 155 HOUSEHOLDS TO ORGANIZE THEIR FINANCES. HFHLV OPERATES AUTONOMOUSLY FROM HABITAT FOR HUMANITY INTERNATIONAL WITH ITS OWN LOCAL BOARD OF DIRECTORS, FUNDING SOURCES AND STRATEGIC GOALS FOR LIFTING FAMILIES OUT OF POVERTY IN CLARK COUNTY. WE BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. WE MEET THE NEEDS OF THE LOW-TO-MODERATE INCOME FAMILIES TODAY WHILE TRANSFORMING THEIR LIVES FOR YEARS TO COME. WE FOCUS ON BUILDING ENTIRE COMMUNITIES ON PREVIOUSLY VACANT IN-FILL LOTS IN CLARK COUNTY; REDEVELOPMENT ZONES NOT SUITABLE FOR A PRIVATE DEVELOPER. THEN, USING A RIGOROUS SELECTION, EDUCATION AND FINANCIAL COACHING PROCESS, WE FILL THE HOMES WITH FAMILIES WHO BECOME SUCCESSFUL HOMEOWNERS. HFHLV IS NOT JUST ABOUT THE CONSTRUCTION OF HOMES. WE ARE ABOUT SUCCESSFUL HOMEOWNERSHIP THROUGH CAREFUL SELECTION OF PARTNER FAMILIES, RESPONSIBLE LENDING AND ONGOING SUPPORT. WE INVEST IN THE FAMILIES THROUGH FINANCIAL LITERACY, HOME MAINTENANCE PROGRAMS, LONG-TERM CREDIT COUNSELING AND REFERRALS TO COMMUNITY SERVICES. HOMEOWNERSHIP LEADS TO OTHER QUALITY OF LIFE OUTCOMES-IMPROVED HEALTH, SAFETY, EDUCATION, AND FINANCIAL OPPORTUNITY. THE GIFT OF A HOME MEANS SO MUCH MORE THAN A ROOF OVER SOMEONE'S HEAD. HOMEOWNERSHIP IS OFTEN A CATALYST TO WEALTH BUILDING, AND ITS IMPACT GROWS OVER TIME WITH EACH GENERATION AS WE BREAK DOWN BARRIERS OF LIMITED HOUSING SUPPLY, RESTRICTED ACCESS TO CREDIT, AND SYSTEMIC INEQUITIES, ESPECIALLY FOR HOUSEHOLDS OF COLOR OR SINGLE WOMEN. OUR APPROACH TO HOUSING IS UNIQUE AS WE PROVIDE A SOLUTION TO THE ROOT CAUSE OF GENERATIONAL POVERTY AND BREAK ITS CYCLE. IN ADDITION TO MAKING THE DREAM OF AFFORDABLE HOME OWNERSHIP A REALITY, WE IMPROVE EXISTING HOMES THROUGH OUR CRITICAL HOME REPAIR PROGRAM FOR THOSE IMPACTED BY AGE, DISABILITY OR FAMILY CIRCUMSTANCES THAT ARE HINDERED TO AFFORD IMPORTANT HOME MAINTENANCE FOR SUSTAINING, PRESERVATION, AND SAFETY. TOGETHER WE CAN PROVIDE A BRIGHTER FUTURE FOR FAMILIES AND ENTIRE COMMUNITIES, GIVING THOSE WHO NEED IT MOST A "HAND UP" VERSUS A "HAND OUT."

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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 $1,769,008
Program Service Revenue $892,594
Investment Income $114,227
Other Revenue $-312,199
TOTAL REVENUE $2,463,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,013,019
Fundraising Expenses $203,773
Program Expenses $878,570
Other Expenses $256,441
TOTAL EXPENSES $1,269,460

Year-over-Year Comparison

2024 2023 Change
Revenue $2,463,630 $1,362,701 +0.8%
Expenses $1,269,460 $1,667,990 -0.2%
Net Income $1,194,170 $-305,289 -4.9%
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
12
Independent Members
12
Employees
26
Volunteers
1441

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
$130,727
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA PHILLIPS CEO 40.00
Officer
$125,000 $5,727 $130,727
PERRIN DAHLING CHAIRMAN 2.00
Officer Director
$0 $0 $0
JEREMY MALIN VICE CHAIR 2.00
Officer Director
$0 $0 $0
ROGER UNGER TREASURER 2.00
Officer Director
$0 $0 $0
PHYLLIS JAMES SECRETARY 2.00
Officer Director
$0 $0 $0
ALLISON MONETTE-CORDOVA BOARD MEMBER 2.00
Director
$0 $0 $0
BRETT BOTTENBERG BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
ERIN MCGARRY BOARD MEMBER 2.00
Director
$0 $0 $0
LUIS VALDEZ BOARD MEMBER 2.00
Director
$0 $0 $0
ZACH WALKER LIEB BOARD MEMBER 2.00
Director
$0 $0 $0
CORY FRANK BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES WURSTHORN BOARD MEMBER 2.00
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 $2,463,630 $1,269,460 $7,421,143 $1,194,170
2024 $1,362,701 $1,667,990 $6,518,404 $-305,289
2023 $1,472,881 $1,187,656 $5,615,473 $285,225
2022 $2,380,452 $1,407,325 $5,010,049 $973,127
2021 $2,468,255 $2,566,293 $4,084,812 $-98,038
2020 $424,531 $791,155 $4,578,632 $-366,624
2019 $1,170,979 $995,121 $4,351,527 $175,858
2018 $572,116 $890,042 $4,284,681 $-317,926
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