Habitat for Humanity Halton-Mississauga
Burlington, ON L7L 6A1
CEO: John Gerrard
Board Chair: Julian Aziz
Charitable Reg. #: 86607 2432 RR0001
Grade: AThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #51
Avg. Compensation $33,030
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||4|
|$40k - $80k||5|
About Habitat for Humanity Halton-Mississauga:
Founded in 1999, Habitat For Humanity Halton-Mississauga (HFHH) is one of Habitat for Humanity Canada’s 57 local affiliates. Habitat for Humanity Canada (HFHC) offers safe and affordable housing for poor families living in unstable, overcrowded, unsafe, or substandard housing conditions. Habitat Builds is the charity’s keystone home ownership program – through this program, HFHH offers no-interest, no-profit home mortgages to families in need. The charity caps mortgages at 30% of total family income. In return for a Habitat home, partner families must complete 500 volunteer hours of ‘sweat equity’ with Habitat For Humanity – the charity treats the volunteer hours as the down payment for the Habitat home.
Habitat For Humanity Halton reports building 15 homes in 2016, thus helping 15 families purchase safe and affordable housing. The charity reports helping 72 families since inception in 1999 through Habitat Builds. HFHH has six current housing projects: the de Jong Lane Build project in Burlington for 13 families; the Crew-Goetz Landing Build project for 18 families in Burlington; the John T. McCallum Build project in Mississauga for one family; the Malton Build project for four families; the Bett-Knowlton Build project for four autistic men and their care workers in Acton; and the Exchange Hotel Build project for five families in Georgetown.
In 2015, Habitat For Humanity Canada’s Habitat Builds program underwent an impact assessment by Boston Consulting Group (BCG). BCG determined HFHC’s home-ownership program produces $4 in social benefits for every $1 donated. Each Habitat house generates an average of $175k in total benefits for the family living in it. Based on the 221 homes built by HFHC in 2014, building activities produced $39 million in total ‘social good’ in Canada. BCG also reports that partner families reduced their food bank usage by 60% over a six year period, compared with a 40% reduction by control families; 22% of children attained a bachelor degree over a six year period, compared with 8% of children in the control group; and 50% of partner families are more physically active over a six-year period, compared with the national average of a 15% increase.
ReStore is Habitat For Humanity’s retail store that accepts donations of overstocked, used discontinued items and salvageable building materials donated from manufacturers, stores, local contractors and the public. ReStore then sells the donated items to the public at a reduced cost. The charity reports that ReStore profits completely cover administrative and fundraising costs, so that all donations can go directly towards building homes. HFHH has three ReStore locations, located in Burlington, Milton and Mississauga.
Habitat for Humanity Halton is a small-cap charity with total cash donations of $606k in F2015. When including goods in kind, F2015 donations increase to $996k. Administrative costs are 8% of revenues and fundraising costs are 60% of cash donations. Per dollar donated to the charity, $0.32 goes towards its programs, which does not fall within Ci’s reasonable range for overhead spending. When including goods in kind donations, fundraising costs drop to 36% of donations and cents to the cause increases to $0.55. HHFH’s interest-bearing liabilities exceed liquid assets, indicating a funding need.
This charity report is an update that is currently being reviewed by Habitat for Humanity Halton. Comments and edits may be forthcoming.
Updated on June 15, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||8.4%||6.7%||4.0%|
|Fundraising costs as % of donations||59.8%||154.5%||42.8%|
|Program cost coverage (%)||(117.4%)||(43.5%)||7.0%|
Summary Financial StatementsAll figures in $s
|Goods in kind||390,194||485,764||495,019|
|Fees for service||100,893||66,394||77,721|
|Business activities (net)||1,390,242||697,324||665,993|
|Cash flow from operations||808,590||(44,255)||681,954|