building on a
strong foundation
annual report | July 2021 through June 2022
building strength, stability and self reliance through shelter.
a message from leadership
As we reflect on this last fiscal year, we are struck by the generous support of our Habitat community. This year we saw COVID restrictions lifting, and you, once again, showed up as volunteers giving of yourself and your time to help families realize their dream of homeownership. This year, despite economic hardships, you gave financially, prioritizing equitable and affordable homeownership opportunities across our community. You partnered with families to build strong foundations that change lives for generations.
This year, we saw an unprecedented need for critical home repairs in our community and responded by increasing the number of families served by 50%.
As the housing stock ages, along with the rising cost of living, many families in our community struggle to afford repairs on their homes. We know that for low-income homeowners, remaining safe and stable in their homes is often the most affordable and desired housing option. Seeing this need, we introduced a new repair program, Aging in Place, that focuses on home repairs and accessibility modifications for older adults.
For 36 years, Habitat Greater Cincinnati shared a single vision of a world where everyone has a decent place to live. This strong foundation allows us to see the needs of our community and build to meet them. The changing of leadership this year brings new energy and ideas to
carry our vision forward, while remaining true to who we are and have always been.
From all of us at Habitat Greater Cincinnati, thank you for joining us in this vision.
C. Amanda Hill
Chairperson, Board of Directors
Joe Hansbauer
President & CEO
Mission
Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities and hope.
Vision
A world where everyone has a decent place to live.
a stable foundation
where generations can thrive
On her birthday in December of 2004 Yolanda became a Habitat homeowner. Days later Yolanda and her three children moved into the home she helped build in Clifton. In June of 2022, Yolanda completely paid off her mortgage.
Yolanda says, "I would recommend Habitat to everybody because it is stability. It helps you achieve things that you wouldn't be able to achieve because you're not worried about where you're going to live or your house being adequate."
Remembering the first months after moving into her home Yolanda described her expenses going down because her mortgage was more affordable than the rent she was previously paying. She was able to use some of her extra income to support her children's education and hired a tutor to work with her kids. In May, Yolanda celebrated her daughter Jadyn's graduation from Xavier University with a Master's Degree in Clinical Mental Health Counseling. Jadyn is now working at a private practice as a therapist in the mental health field.
Yolanda and Jadyn
May 2022 after Yolanda made her final mortgage payment on her 2004 Habitat home.
Jadyn says she felt free as a child. She never worried about housing or stability and knew that she always had a place where she could come home. Yolanda says as a parent, "you never want your kids worried about grown-up things" and with the Habitat house her kids never had adult worries. To that, Yolanda says, "mission accomplished."
individuals
now live in 14 safe, stable, and affordable new Habitat homes.
44
24
critical
home repairs
allowed 38 Tri-State residents remain safe and stable in their homes and communities.
community investment projects
completed during two
Rock the Block events
45
homes
were given away
0
“Our ultimate goals for our family are financial stability and security. Our dream is to have a home that will suit our family size that we
can call our forever home.”
Claudia & Jon, Oxford
Became homeowners in December 2021
"For me, homeownership means changing the narrative- breaking some chains. Breaking the generational curse over my family that says we're only worthy enough to be renters and not homeowners.
I'm grateful to God for this opportunity to change some things for my daughters."
Tyleah, Cincinnati
Became a homeowner in November 2021
families
partnered with Habitat Greater Cincinnati to build or improve their home.
67
“Habitat for Humanity of Greater Cincinnati put a beautiful shower in. We weren’t able to step over the railing of the tub, but now we can step into the shower. Both of us use the shower and it has been a real blessing to us.”
Charles, Lebanon
Veteran Repair Participant
576 hours
the number of hours homebuyers invested in homeownership and financial literacy classes.
curriculum includes...
- home maintenance
- lawn care
- budgeting
- debt management
- saving and investing
healthcare assistant
was the most common career among Habitat homeowners this year, followed by school bus driver and food service jobs.
in Cincinnati, the average cost of rent rose 25.8% in the last year*
100,819 Cincinnati residents are employed full-time, year-round.
Of those, 60% can't afford the average cost of a 1-bedroom apartment.*
24 kids
moved into a Habitat home this year.
Children of homeowners...
are 116% more likely to graduate from college.
will have a 24% higher income over their lifetime.
are 58% more likely to own their own home within 10 years of moving from their parent's home.
Meet Johnny
Veteran Repair Program Participant 2022
Johnny and his daughter Nelda contacted the Veteran Repair program after they discovered expensive plumbing damage in his historic house. Habitat for Humanity of Greater Cincinnati helped Johnny with the repairs so he can remain safe and stable in the home he loves.
Johnny moved into his home 53 years ago after serving in the Army. During that time, he and his late wife raised their three daughters and put down roots in their community. Johnny and his dog, Mein Fraulein, are beloved members of the community and many neighbors stop by to check on them. They often help with tasks like walking his dog and cleaning his gutters.
Nelda says, "Habitat for Humanity has allowed Dad to stay in a house he has lived in for 53 years. Dad's lifelong memories are in this house. There are flowers in the backyard from his mom and from my mom who passed in January. These are small reminders of family. Thank you for helping my dad be able to stay in his home with many memories and caring neighbors."
"Habitat for Humanity is a lifesaver. They've done wonders for me. I couldn't ask for nicer people to work with. I just wish I could help Habitat for Humanity as much as they've helped me."
Johnny W., Covington, KY
Veteran Repair Program Participant 2022
we continued building homes, communities, and hope.
thanks to you,
$579,515*
volunteers contributed about 21,408 hours to our organization, a value of
individuals
made a donation to
Habitat Greater Cincinnati
2,136
Financials
July 1, 2021- June 30, 2022
home sales related
8%
in-kind contributions
17.2%
ReStore sales
16.9%
other income
5.5%
contributions & grants
17.3%
MacKenzie Scott gift*
35%
Income
Contributions & Grants
MacKenzie Scott Gift*
In-Kind Contributions
Home Sales Related
ReStore Sales
Other Income
3,707,511
7,500,000
3,678,001
1,706,531
3,626,371
1,185,448
TOTAL REVENUE
21,403,808
Expenses
Program Expenses
Fundraising
Administration
12,925,403
525,696
335,921
TOTAL EXPENSES
13,787,020
Revenue Less Expenses
7,616,788
administration
2.4%
fundraising
3.8%
program expenses
93.8%
Statement of Financial Position
As of June 30, 2022
Current Assets
PP&E
Other Assets
14,686,287
337,293
4,837,731
TOTAL ASSETS
19,861,311
Current Liabilities
Long Term Debt
867,361
68,940
Net Assets
18,925,010
TOTAL LIABILITIES
AND NET ASSETS
19,861,311
*In March 2022, Habitat Greater Cincinnati received an unprecedented $7.5 million one-time unrestricted gift from author and philanthropist, MacKenzie Scott.
This generous gift from Ms. Scott will allow us to expand the number of families served through existing homeownership and repair programs while seeking new programs to ensure all Greater Cincinnatians have safe, decent, and affordable housing.
financial stewardship
your gift is magnified
Habitat Greater Cincinnati operates under a self-sustaining business model. Earned income from mortgage proceeds and sales from five area ReStores are invested back into building and preserving homes. This means your donation has an exponential impact.
Habitat Greater Cincinnati stewards in-kind donations of materials and volunteer labor to creatively reduce costs. Many vendors and other partners offer discounts or complete projects free of charge. In addition, we leverage in-kind and financial contributions to secure government funding and private grants.
your
donation
mortgage payments are reinvested
purchases land and materials
Habitat families purchase homes
families & volunteers build homes
The five Habitat for Humanity of Greater Cincinnati ReStores play an integral part in Habitat’s mission, bringing financial support for our work, and helping keep usable items out of landfills.
The ReStores are a social enterprise retail store and donations center. The proceeds from the ReStores help to support the mission of Habitat to build homes, community, and hope in Greater Cincinnati. Thanks to everyone who shopped, donated or volunteered at the ReStore this last year.
shop.
donate.
volunteer.
ReStores FY2021
Greater Cincinnati Restores had net earnings of $950,000
6
6
earnings equaled the direct cost of building homes!
FY 2022
thanks to our mission partners
Thank you to all the organizations that partner with us to help realize our vision of a world where everyone has a decent place to live. We couldn’t do our work without you and your decision to invest in our community.
$500,000+
MacKenzie Scott
$100,000- $499,999
Hamilton County Community Development
The Procter & Gamble Company
Federal Home Loan Bank of Cincinnati
Ohio National Financial Services
$50,000-$99,999
George B. Riley Trust Estate
Butler County Community Development
Good Shepherd Lutheran Church
Lowe's
Covenant Community Church
Ethicon Endo-Surgery
Habitat for Humanity of Ohio
The Robert & Adele Schiff Family Foundation
$25,000-$49,999
Ohio Housing Trust Fund
IKEA*
Bank of America Merrill Lynch
Champion Windows Manufacturing Inc*
The Home Depot Foundation
pep, LLC
U.S. Bank Foundation
Greater Cincinnati Foundation
$10,000-$24,999
Ohio Basement Authority
Bellarmine Chapel
DuPont*
The Gorilla Glue Company
Chemed Corporation
Ernst Concrete*
altafiber
Cleveland-Cliffs Inc. (AK Steel)
Thrivent Financial
Whirlpool Corporation*
Calvin Presbyterian Church
St. Barnabas Episcopal Church
Regency Centers
Vinebrook Homes, LLC
Cinfed Credit Union
Junk King*
Anderson Hills United Methodist Church
The Community of the Good Shepherd
Crossroads Missions/Help Build Hope*
$5,000-$9,999
Turner Construction Company
Our Lord Christ the King Church
Louisiana-Pacific Corporation*
Schutte Stair Co., Inc.*
Total Quality Logistics
Boston Brewing Company
Schneider Electric*
St. Thomas Episcopal Church
Kaplan Foundation
Hyde Park Community United Methodist Church
Yale Residential Security Products, Inc.*
State Farm Insurance
Ford Motor Company
Give Back Homes
American Eagle Outfitters Foundation
Sycamore Presbyterian Church
Greater Oxford Community Foundation
Regal Charitable Foundation
The G. Richard & Jane S. Thomas Foundation
*denotes the donation or a portion of the donation was given in-kind
"P&G’s partnership with Habitat for Humanity of Greater Cincinnati is not only beneficial to HFHGC and the people they serve, but it builds a culture of citizenship and connection to purpose within P&G. Contributing our resources, including the time and talent of our employees, for the benefit of Greater Cincinnati dates back to P&G’s founding in 1837, and we’re proud to extend that commitment to into the future."
Brian Sasson
Director of The P&G Fund and P&G Corporate Contributions at Procter & Gamble
Board of Directors
C. Amanda Hill, Chair
Female Forward
Don Oliver, 1st Vice Chair
altafiber
Harry Watson, 2nd Vice Chair
St. Elizabeth Hospital
Robert F. Noschang, Secretary
Western & Southern Financial Group
Steve Chaney
Ohio National Financial Services
Michael Q. Dozier
Ethicon
Tonia Elrod
Procter & Gamble
JR Foster
Robert Louis Group
Jacob Geglein
Constellation Wealth Advisors
Joanna Kemper
Luxottica Retail
Angie Krausen
Messer Construction Co.
Mel Rodriguez
Bank of America Merrill Lynch
Bishop Ennis F. Tait
New Beginnings Church of the Living God of Avondale
Annual Report published December 2022