Monadnock Habitat For Humanity

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020446677 ✦ Swanzey, NH ✦ Designated as a 501(c)(3)

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Overview

What is Monadnock Habitat For Humanity?

Monadnock Habitat for Humanity is a charitable organization situated in Swanzey, New Hampshire. Their primary mission is to offer affordable housing solutions, home repairs, and various support services to economically disadvantaged families within the community. Through their initiatives, they provide low-cost homes, home repair assistance, and additional aid to families in need. Their services aim to enhance the living standards and promote stability for these families.


Official website here: www.habitatnh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Stars

Monadnock Habitat For Humanity has achieved an impressive rating of 90%, reflecting its strong commitment to accountability and finance. This four-star rating is based entirely on its performance in financial metrics, showcasing effective management of resources. The organization demonstrates transparency and proper governance, with a fully independent board of directors and a solid structure for financial oversight.

The nonprofit excels in its fiscal responsibility, evidenced by a program expense ratio of 85.34%, indicating that a significant majority of its funds are directed towards its mission-related activities. Additionally, it has no recorded material diversion of assets, which underscores its integrity in handling donations and assets. The presence of key policies, including conflict of interest and document retention, further strengthens its operational framework.

However, there is a noted limitation with the absence of a whistleblower policy, which may raise concerns about internal reporting mechanisms for unethical behavior. Despite this, the overall performance and governance structure of Monadnock Habitat For Humanity position it as a reliable and effective nonprofit in its mission to provide housing solutions.


This AI summary has been generated from information found on Charity Navigator.

Is Monadnock Habitat For Humanity legitimate?

Monadnock Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monadnock Habitat For Humanity submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.habitatnh.org

What is the mission statement of Monadnock Habitat For Humanity?

Monadnock Habitat for Humanity is committed to providing affordable housing solutions and necessary repairs to economically disadvantaged families. Their mission, in essence, is to extend a helping hand by offering low-cost homes and repair services. The organization's goal is to empower these families, enabling them to improve their living conditions and build a stable future. Besides housing, they also offer additional support services to ensure the families' well-being.


Official website here: www.habitatnh.org

Who is the CEO of Monadnock Habitat For Humanity?

Venkat Sadasivan is the Secretary of Monadnock Habitat For Humanity.


Official website here: www.habitatnh.org

What is the revenue of Monadnock Habitat For Humanity?

Monadnock Habitat For Humanity's revenue in 2023 was $35,998.


Official website here: www.habitatnh.org

Who are the executives of Monadnock Habitat For Humanity and what are their salaries?

There 45 volunteers at Monadnock Habitat For Humanity.


Here are 7 key members and their salaries:


Tonya Wilder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Weiland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Furcht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venkat Sadasivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Keenan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mogridge (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miriam Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.habitatnh.org

Where can I find the form 990 for Monadnock Habitat For Humanity?

Monadnock Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.habitatnh.org

Learn more at the official website: www.habitatnh.org

Mission Statement of Monadnock Habitat For Humanity

Monadnock Habitat for Humanity is an organization committed to providing aid to economically disadvantaged families. Their mission is to offer low-cost housing solutions, carry out home repairs, and provide various forms of support. This nonprofit seeks to alleviate housing issues for these families, contributing to their overall well-being and stability. By offering affordable housing and repair services, Monadnock Habitat for Humanity aims to make a tangible impact on the lives of those in need, ultimately working towards a more equitable community.

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Impact




August, 2024

Monadnock Habitat For Humanity has a significant impact by providing low-cost homes, home repairs, and other support to economically disadvantaged families in Swanzey, NH. This organization has positively influenced the community by offering affordable housing options and essential home improvement services to those in need. Their mission to support economically disadvantaged families through housing initiatives demonstrates their commitment to improving people's lives and empowering individuals to thrive.




This information is meant to be a general summary of Monadnock Habitat For Humanity. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$35,998 (2023)
Expenses
$21,844 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $382
  • Program Service Revenue: $6,658
  • Gross Receipts: $35,998

Assets and Liabilities:

  • Total Assets: $570,184
  • Total Liabilities: $4,440
  • Net Assets: $565,744

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MORTGAGE DISCOUNT AMOR

Revenue

$6,658

Organization Details

Founding Year

1991

Principal Officer

Venkat Sadasivan

Main Address

217 OLD HOMESTEAD HWY O, SWANZEY, NH, 03446

NTEE Category

Code: L20 - Housing

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