Habitat for Humanity Winnipeg
Winnipeg, MB R2J 0V8
CEO: Sandy Hopkins
Board Chair: Margaret Haworth-Brockman
Charitable Reg. #: 11930 1034 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 #47
Avg. Compensation $42,379
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 Winnipeg:
Founded in 1987, Habitat for Humanity Winnipeg (HFH Winnipeg) mobilizes volunteers and community partners to build affordable housing for low-income families. It promotes a homeownership business model as a means to break the poverty cycle, as all Habitat for Humanities do. Volunteers and partner families build Habitat homes with donated materials and labor, partner families buy the homes from HFH Winnipeg with interest-free mortgages, and all mortgage payments are used to purchase more land for future homes.
HFH Winnipeg’s ReStore retail profits cover overhead costs. ReStore sells donated building supplies, home furnishing, appliances, and décor at a reduced rate. In April 2016, Habitat for Humanity Winnipeg started a new social enterprise called Habitat Handyman. All Handyman profits go back into HFH Winnipeg to help with its Habitat Builds homeownership program. Habitat Handyman offers home repair services and renovation services. HFH Winnipeg reports that over the first nine months of operations, Habitat Handyman received 498 general inquiries that resulted in 265 quotes and 115 completed jobs, including 20 repeat customers.
HFH Winnipeg’s keystone program, Habitat Builds, is a homeownership program for low-income families in need of safe and affordable housing. In 2016, HFH Winnipeg reports finishing 12 Habitat homes in Winnipeg and 8 more outside the city. The charity also started 10 new homes in Winnipeg and three in Manitoba Chapters of Springfield, Gimli & District and Selkirk. In its 2016 annual report, HFH Winnipeg lists 19 new partner families: 11 in Winnipeg, two in Brandon, and one in each of Virden, Portage La Prairie, Selkirk, Springfield and Gimli & District.
Based on a research report conducted by Boston Consulting Group in 2015, every Habitat home built by HFH generates $175,000 worth of social benefit over a 25-year period for a partner family. Social benefits include improved health and happiness, as well as improved employment and education opportunities. BCG also found that Habitat homeowners decrease their food bank usage after moving into their homes, and their children have lower high school drop-out rates and are more likely to earn a post-secondary degree.
In 2016 HFH Winnipeg completed the Sir Sam Steele Development project that started in 2009. The project converted an abandoned school into 50 homes for partner families. The charity estimates that the environmental benefits of these new homes include a 50% reduction in energy consumption and a 33% reduction in water consumption. In terms of tax impact, HFH Winnipeg estimates that over the next 25 years, this development project will produce $13.1m in value to the community.
Habitat for Humanity Winnipeg is a medium-sized charity with total donations and special events fundraising of $3.4m in F2016. Administrative costs are 6% of revenues and fundraising costs are 8% of donations and special events fundraising. Per dollar donated to the charity, $0.86 goes towards its programs, which falls within Ci’s reasonable range for overhead spending. HFH Winnipeg’s interest-bearing liabilities exceed liquid assets; debt of $5.7m exceeds cash reserves of $1.7m. HFH Winnipeg’s negative funding reserves indicate a funding need.
This charity report is an update that is currently being reviewed by Habitat for Humanity Winnipeg. Comments and edits may be forthcoming.
Updated on June 16, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||5.9%||4.7%||4.0%|
|Fundraising costs as % of donations||8.3%||6.8%||5.3%|
|Program cost coverage (%)||(81.6%)||(64.9%)||(63.8%)|
Summary Financial StatementsAll figures in $000s
|Goods in kind||335||460||233|
|Fees for service||1,191||1,366||1,294|
|Business activities (net)||1,028||972||811|
|Cash flow from operations||274||(711)||458|