Habitat for Humanity of Washington Dc & Northern Virginia Inc

Nonprofit profile at a glance

EIN
521589700
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Arlington, VA, USA
Phone
7035219890
Rating
84
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$15,762,788
Expenses
$14,852,049
Assets
$33,819,495
Liabilities
$21,848,957

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • SUSANNE V SLATER (PRESIDENT & CEO)
  • IVY JOHNSON (VICE PRESIDENT OF OPERATIONS)
  • ANDREW MODLEY (VICE PRESIDENT OF CONSTRUCTION)

Highest reported compensation

  • SUSANNE V SLATER (PRESIDENT & CEO): $255,753 total reported compensation
  • IVY JOHNSON (VICE PRESIDENT OF OPERATIONS): $147,994 total reported compensation
  • ANDREW MODLEY (VICE PRESIDENT OF CONSTRUCTION): $140,404 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We build strength, stability, and community through affordable homeownership. We do this by building and preserving sustainable, affordable homes, engaging volunteers, and advocating for housing policy solutions.

What it reported doing in 2024

Habitat dc-nova has completed and sold 308 homes across dc and northern Virginia, with another 4 completed and in the process of being sold to income-qualified families. We have a robust pipeline with twenty-seven homes in active construction. Our homeownership program provides affordable first-time homebuyer opportunities by building and rehabilitating professional, energy-efficient homes and then selling them below cost to qualified low-income families. Our home repair program works with low-income seniors and adults with disabilities to provide critical repairs as well as in-home accessibility and safety modifications to improve aging in place. During this tax year, thirty-six home repair projects were completed.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 85
  • Accountability: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82%; rating input score 82
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: $8.56 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 24th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 2.28; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 82% of revenue deployed · 86.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $12.9M in reported program spending
  • Leadership: top reported pay $256K · 21 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $546K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.