Overview
What is Housatonic Habitat For Humanity?
Housatonic Habitat for Humanity is a dedicated nonprofit organization based in Danbury, Connecticut. Its primary mission is to facilitate affordable homeownership opportunities for local families with limited assets, who are in need of assistance to purchase their first homes. The organization operates within the community, mobilizing resources to achieve this goal. Aside from homeownership, Housatonic Habitat for Humanity also provides essential economic repairs for low-income homeowners. Additionally, they run a Restore Home Improvement Thrift Warehouse, which recycles and reuses household materials, selling them at discounted prices to the public. This innovative approach allows the organization to contribute to the community while promoting sustainability. With a team of 28 dedicated individuals, Housatonic Habitat for Humanity continues to make a positive impact on the lives of its community members.
Official website here: www.housatonichabitat.com
What are the reviews and ratings of this charity?
Charity Navigator rates Housatonic Habitat For Humanity at 89%, which corresponds to a Three-Star out of Four Star rating. This score reflects the organization’s strong performance in accountability and finance, indicating sound financial practices and effective use of resources. The high score in leadership and adaptability highlights the nonprofit's commitment to growth and responsiveness to community needs, showcasing a robust governance structure.
The organization has a Program Expense Ratio of 84.07%, suggesting that a substantial portion of its expenditures directly supports its mission. Additionally, Housatonic Habitat boasts a 100% independent board, which is a positive indicator of its governance and ethical practices. Its commitment to transparency is further evidenced by their extensive oversight measures, including a documented conflict of interest policy.
While the organization excels in many areas, the lower scores in leadership and culture indicate potential areas for improvement. However, overall, Housatonic Habitat For Humanity demonstrates a strong foundation for impactful community service, with effective financial management and dedicated leadership to drive its mission forward.
This AI summary has been generated from information found on Charity Navigator.
Is Housatonic Habitat For Humanity legitimate?
Housatonic Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housatonic 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: $568,271
For more financial information, click here
Official website here: www.housatonichabitat.com
What is the mission statement of Housatonic Habitat For Humanity?
Housatonic Habitat for Humanity's mission is to facilitate affordable home ownership opportunities for working families with limited assets. The organization mobilizes the local community to provide this opportunity to families in need, acting as a non-profit. Beyond home ownership, Housatonic Habitat for Humanity also provides economic home repairs for low-income homeowners. Additionally, the organization operates a Restore home improvement thrift warehouse, which recycles and reuses household materials.
Official website here: www.housatonichabitat.com
Who is the CEO of Housatonic Habitat For Humanity?
Daniel Silva is the President of Housatonic Habitat For Humanity.
Official website here: www.housatonichabitat.com
What is the revenue of Housatonic Habitat For Humanity?
Housatonic Habitat For Humanity's revenue in 2022 was $2,325,918.
Official website here: www.housatonichabitat.com
Who are the executives of Housatonic Habitat For Humanity and what are their salaries?
The average compensation at Housatonic Habitat For Humanity during 2022 was $20,295. There are 28 employees and 250 volunteers at Housatonic Habitat For Humanity.
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Official website here: www.housatonichabitat.com
Where can I find the form 990 for Housatonic Habitat For Humanity?
Housatonic Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housatonichabitat.com
Learn more at the official website: www.housatonichabitat.com
Mission Statement of Housatonic Habitat For Humanity
Housatonic Habitat for Humanity is a non-profit organization that is dedicated to providing affordable home ownership opportunities to working families with limited assets. The mission of this organization is to mobilize the local community to help local families with limited resources achieve their dream of buying their first home. Housatonic Habitat for Humanity operates as a non-profit, and in addition to providing affordable home ownership, it also provides economic home repairs for low-income homeowners.
One of the ways Housatonic Habitat for Humanity accomplishes its mission is by operating a Restore Home Improvement Thrift Warehouse. This warehouse recycles and reuses household materials, which not only helps to reduce waste but also makes these materials more affordable for the community. By providing affordable home repairs and materials, Housatonic Habitat for Humanity is able to help low-income homeowners maintain their homes and improve their living conditions.
In summary, Housatonic Habitat for Humanity is a community-focused non-profit that is committed to providing affordable home ownership and home repair services to families with limited assets. By operating a thrift warehouse and mobilizing the local community, this organization is able to make a positive impact on the lives of many families by helping them achieve their dream of home ownership and improve their living conditions.
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Impact
July, 2024
Housatonic Habitat For Humanity provides affordable homeownership opportunities to working families with limited assets, offers home repairs, and operates a thrift store in Danbury, CT. The organization mobilizes the local community to assist local families in purchasing their first homes. Additionally, it provides economic home repairs for low-income homeowners and runs a ReStore home improvement thrift warehouse that recycles and sells household materials at discounted prices. Their impact centers on creating pathways to homeownership, supporting low-income homeowners with repairs, and promoting environmental sustainability through material recycling.
This information is meant to be a general summary of Housatonic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $439
- Program Service Revenue: $1,946,958
- Gross Receipts: $2,326,590
Assets and Liabilities:
- Total Assets: $2,441,952
- Total Liabilities: $59,307
- Net Assets: $2,382,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$1,176,672
MORTGAGE DISCOUNT AMORTIZATION
Revenue
$55,116
SALE OF COMPLETED HOMES
Revenue
$715,170
Organization Details
Founding Year
1991
Phone
(203) 744-1340Principal Officer
Daniel Silva
Main Address
51 AUSTIN ST, DANBURY, CT, 06810
Website
www.housatonichabitat.comNTEE Category
Code: L20 - Housing
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