Overview
What is Habitat For Humanity Greater Boston Inc?
Habitat for Humanity Greater Boston Inc is a nonprofit organization located in Boston, Massachusetts. Their primary mission is to support low-income families in the Greater Boston area to become and remain homeowners. They achieve this by building homes in partnership with these families, utilizing volunteer labor, donated materials, and charitable contributions. The organization conducts homeownership classes and offers families 0% interest loans, making homeownership an affordable option. With around 41 employees, Habitat for Humanity Greater Boston Inc is committed to providing a hand up, not a handout, to families in need of stable housing.
Official website here: www.habitatboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Habitat For Humanity Greater Boston Inc has achieved a perfect score of 100%, earning a Four-Star out of Four Star rating from Charity Navigator. This high rating reflects the organization’s strong performance in accountability and finance, demonstrating transparency and sound financial management. Key strengths include a fully independent board and excellent financial ratios, showing a commitment to responsible stewardship of resources.
The organization has a solid program expense ratio of 84.20%, indicating that a significant portion of its expenses directly supports its mission. Additionally, the fundraising efficiency ratio of $0.19 signifies effective fundraising practices, allowing more funds to be allocated to its programs. Habitat For Humanity Greater Boston also maintains comprehensive policies, such as conflict of interest and whistleblower protections, enhancing its governance framework.
No significant limitations were noted in the available data, as the organization appears to operate with a high level of integrity and efficiency. Overall, Habitat For Humanity Greater Boston Inc stands out as a well-managed nonprofit, dedicated to its mission with a strong emphasis on accountability and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Greater Boston Inc legitimate?
Habitat For Humanity Greater Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Greater Boston Inc 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: $188,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,294,250
For more financial information, click here
Official website here: www.habitatboston.org
What is the mission statement of Habitat For Humanity Greater Boston Inc?
Habitat for Humanity Greater Boston Inc's mission is centered around building homes in partnership with low-income families. This is achieved through the use of volunteer labor, donated materials, and charitable contributions. The organization conducts homeownership classes and offers families 0% interest loans, making homeownership an affordable option for them. Habitat for Humanity Greater Boston Inc's activities extend beyond just building homes. They also provide necessary support to help these families become and remain homeowners in the Greater Boston area.
Official website here: www.habitatboston.org
Who is the CEO of Habitat For Humanity Greater Boston Inc?
James Kostaras is the Ceo/Presiden of Habitat For Humanity Greater Boston Inc. The CEO's salary of Habitat For Humanity Greater Boston Inc is $188,125 and their total compensation is $188,125.
Official website here: www.habitatboston.org
What is the revenue of Habitat For Humanity Greater Boston Inc?
Habitat For Humanity Greater Boston Inc's revenue in 2022 was $5,472,078.
Official website here: www.habitatboston.org
Who are the executives of Habitat For Humanity Greater Boston Inc and what are their salaries?
The average compensation at Habitat For Humanity Greater Boston Inc during 2022 was $36,155. There are 41 employees and 785 volunteers at Habitat For Humanity Greater Boston Inc.
Here are 14 key members and their salaries (Habitat For Humanity Greater Boston Inc's CEO's salary is $188,125 and their total compensation is $188,125):
- Compensation: $188,125
- Related: $0
- Other: $0
- Compensation: $101,500
- Related: $0
- Other: $7,443
- Compensation: $104,794
- Related: $0
- Other: $0
- Compensation: $102,683
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.habitatboston.org
Where can I find the form 990 for Habitat For Humanity Greater Boston Inc?
Habitat For Humanity Greater Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatboston.org
Learn more at the official website: www.habitatboston.org
Mission Statement of Habitat For Humanity Greater Boston Inc
Habit for Humanity Greater Boston Inc is committed to constructing homes in collaboration with low-income families, leveraging volunteer labor, donated materials, and charitable contributions. Their mission is to make homeownership an affordable option for these families by conducting homeownership classes and providing them with 0% interest loans. By doing so, Habitat for Humanity Greater Boston Inc empowers these families to become and remain homeowners in the Greater Boston area. Their activities are centered around family services, aiming to support these families in their journey towards homeownership.
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Impact
July, 2024
Habitat For Humanity Greater Boston Inc's impact lies in its mission to build homes in partnership with low-income families using volunteer labor, donated materials, and charitable gifts. By conducting homeownership classes and providing families with 0% interest loans, the organization makes homeownership affordable for those in need in the Greater Boston area. Through these efforts, Habitat For Humanity Greater Boston Inc supports low-income families in becoming and remaining homeowners, thereby addressing the issue of housing insecurity in the community.
This information is meant to be a general summary of Habitat For Humanity Greater Boston Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,601
- Program Service Revenue: $2,226,834
- Gross Receipts: $5,478,348
Assets and Liabilities:
- Total Assets: $8,845,536
- Total Liabilities: $580,760
- Net Assets: $8,264,776
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$1,147,091
TRANSFER TO HOMEOWNERS
Revenue
$809,350
AMORTIZATION OF MORTGAGE DISC
Revenue
$270,393
Organization Details
Founding Year
1987
Phone
(617) 423-2223Principal Officer
James Kostaras
Main Address
434 MASSACHUSETTS AVE SUITE 201, BOSTON, MA, 02118
Website
www.habitatboston.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Greater Boston Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.