Habitat For Humanity North Central Massachusetts Inc

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

EIN: 042999854 ✦ Acton, MA ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity North Central Massachusetts Inc?

Habitat for Humanity North Central Massachusetts Inc is a nonprofit organization dedicated to enhancing families and communities through affordable home ownership. Based in Acton, Massachusetts, they extend their efforts to assist as many lower-income families as possible, focusing on veterans initially and then expanding to other potential families. Their approach involves building new homes or renovating owner-occupied homes, emphasizing on the Capacity Building of the organization. The organization follows a unique model of service, capitalizing on the strength of families and their self-determination, requiring sweat equity from the families and homeownership readiness classes before providing a 0% interest mortgage loan. Their mission is to strengthen families and communities by building affordable homes and performing critical repairs on owner-occupied homes, allowing families to continue living in their current homes.


Official website here: www.ncmhabitat.org

Is Habitat For Humanity North Central Massachusetts Inc legitimate?

Habitat For Humanity North Central Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity North Central Massachusetts 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.

Here are some key statistics you may want to consider:

Executive Compensation: $80,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,389

For more financial information, click here


Official website here: www.ncmhabitat.org

What is the mission statement of Habitat For Humanity North Central Massachusetts Inc?

Habitat for Humanity North Central Massachusetts Inc is a non-profit organization with a mission to strengthen families and communities through affordable home ownership. They accomplish this by engaging in two main activities: building new affordable homes and performing critical repairs on owner-occupied homes, enabling families to continue living in their current residences. This non-profit organization follows a unique approach, emphasizing self-determination and investing in financial education and sweat equity, transforming the lives of families and their children. To broaden its impact, the organization focuses on lower-income families, starting with veteran families and then expanding its reach to other potential families.


Official website here: www.ncmhabitat.org

Who is the CEO of Habitat For Humanity North Central Massachusetts Inc?

Thomas Dufault is the Executive Di of Habitat For Humanity North Central Massachusetts Inc.


Official website here: www.ncmhabitat.org

What is the revenue of Habitat For Humanity North Central Massachusetts Inc?

Habitat For Humanity North Central Massachusetts Inc's revenue in 2022 was $1,870,114.


Official website here: www.ncmhabitat.org

Who are the executives of Habitat For Humanity North Central Massachusetts Inc and what are their salaries?

The average compensation at Habitat For Humanity North Central Massachusetts Inc during 2022 was $11,804. There are 17 employees and 531 volunteers at Habitat For Humanity North Central Massachusetts Inc.

Here are 14 key members and their salaries:

    Carolyn Read (Executive Di)
  • Compensation: $80,278
  • Related: $0
  • Other: $0

    • Lynn Devin Ashe (Secretary/Cl) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Darcangelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Dufault (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brieanna Kelley (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Ledoux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curt Logee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Madonia (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Marchetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zulimar Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Rubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Sibley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ncmhabitat.org

    Where can I find the form 990 for Habitat For Humanity North Central Massachusetts Inc?

    The Habitat For Humanity North Central Massachusetts Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ncmhabitat.org

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

    Mission Statement of Habitat For Humanity North Central Massachusetts Inc

    Habitat for Humanity North Central Massachusetts Inc is a non-profit organization that prioritizes strengthening families and communities through the provision of affordable home ownership. They achieve this mission through two primary avenues: constructing new affordable homes and performing critical repairs on existing owner-occupied homes, enabling families to continue living in their current residences. By doing so, Habitat for Humanity North Central Massachusetts Inc aims to improve the lives of lower-income families, starting with veteran families and then expanding its reach to other potential families. The organization's approach to community development is centered around a strength-based model, emphasizing self-determination and sweat equity investment from the homeowners. This model requires families to contribute 200-350 hours of labor into Habitat programs, and they must also complete certain homeowner readiness classes before purchasing their Habitat homes. The organization provides a 0% interest mortgage loan to the homeowners, thereby offering a sustainable and affordable housing solution.

    Impact

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




    Saturday, July 20, 2024

    Habitat For Humanity North Central Massachusetts Inc's impact is significant in strengthening families and communities through affordable homeownership. By offering a 0% interest mortgage loan and requiring families to invest 200-350 hours of sweat equity, the organization empowers families to take ownership of their future. By focusing on building new affordable homes and performing critical repairs on owner-occupied homes, they are able to make a lasting impact on lower-income families, starting with veteran families and expanding to others in need. Through their strength-based approach, Habitat For Humanity North Central Massachusetts Inc is able to transform lives and create opportunities for families to thrive.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $549
  • Program Service Revenue: $602,548
  • Gross Receipts: $1,920,757

    • Assets and Liabilities:
  • Total Assets: $3,032,022
  • Total Liabilities: $96,743
  • Net Assets: $2,935,279
  • Programs

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

    RESTORE

    Revenue

    $425,916

    SALES OF HOMES

    Revenue

    $170,756

    AMORTIZED MORTGAGE DISCOUNT

    Revenue

    $5,876

    Organization Details

    Founding Year

    1988

    Principal Officer

    Thomas Dufault

    Main Address

    201 GREAT ROAD SUITE 301, ACTON, MA, 01720

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Habitat For Humanity North Central Massachusetts 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.