Overview
What is Habitat For Humanity Capital District Inc?
Habitat for Humanity Capital District Inc is a not-for-profit corporation situated in Albany, New York, specifically at 207 SHERIDAN AVE. Their primary mission is to construct, complete, and transfer simple, decent, and affordable homes to eligible lower-income families in need. The organization operates by accepting donated funds, materials, and labor, and subsequently sells these homes to the partner families at an affordable mortgage rate and below-market value. In the recent past, they have successfully completed and transferred five new construction homes to deserving homeowners. With a dedicated workforce of 20 employees, Habitat for Humanity Capital District Inc continues to contribute to the community, providing affordable housing solutions for those in need.
Official website here: www.habitatcd.org
What are the reviews and ratings of this charity?
Charity Navigator rates Habitat For Humanity Capital District Inc with a score of 81%, granting it a Three-Star out of Four Star rating. This rating reflects strong accountability and finance practices, with a high score of 90% in that area. The organization demonstrates robust governance, featuring an entirely independent board, effective financial oversight, and comprehensive policies to manage conflicts of interest and whistleblower protections.
The nonprofit excels in program expenses, with nearly 90% of its budget allocated directly to programs, emphasizing its commitment to its mission. The accountability and transparency measures in place, including thorough audit practices and clear documentation of board activities, contribute to its solid financial standing. This high level of accountability is crucial for building donor trust and ensuring effective use of resources.
However, while the organization performs well in accountability, its culture and community score of 79 indicates that there may be areas for improvement in stakeholder engagement and inclusivity. Enhancing community involvement and equity strategies could further strengthen its impact and outreach efforts. Overall, Habitat For Humanity Capital District Inc shows a strong commitment to its mission, balanced by a need for ongoing improvement in community relations.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Capital District Inc legitimate?
Habitat For Humanity Capital District Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Capital District 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: $183,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $679,739
For more financial information, click here
Official website here: www.habitatcd.org
What is the mission statement of Habitat For Humanity Capital District Inc?
Habitat for Humanity Capital District Inc., as a not-for-profit corporation, is dedicated to addressing the housing needs of lower-income families. Its mission is to construct simple, decent, and affordable homes in partnership with these families. The organization utilizes donated funds, materials, and labor, building homes that are then sold to the partner families at an affordable mortgage rate and below-market value. Upon completion, Habitat for Humanity Capital District Inc. transfers newly constructed homes to deserving homeowners who qualify for its housing program.
Official website here: www.habitatcd.org
Who is the CEO of Habitat For Humanity Capital District Inc?
Christine Schudde is the Board Director of Habitat For Humanity Capital District Inc.
Official website here: www.habitatcd.org
What is the revenue of Habitat For Humanity Capital District Inc?
Habitat For Humanity Capital District Inc's revenue in 2022 was $2,491,139.
Official website here: www.habitatcd.org
Who are the executives of Habitat For Humanity Capital District Inc and what are their salaries?
The average compensation at Habitat For Humanity Capital District Inc during 2022 was $43,138. There are 20 employees and 3200 volunteers at Habitat For Humanity Capital District Inc.
Here are 15 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $85,830
- Related: $0
- Other: $11,183
- Compensation: $67,361
- Related: $0
- Other: $11,579
- Compensation: $100,800
- Related: $0
- Other: $16,466
Official website here: www.habitatcd.org
Where can I find the form 990 for Habitat For Humanity Capital District Inc?
Habitat For Humanity Capital District Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatcd.org
Learn more at the official website: www.habitatcd.org
Mission Statement of Habitat For Humanity Capital District Inc
Habitat for Humanity Capital District Inc, a not-for-profit corporation, is dedicated to addressing the housing needs of lower-income families. Their mission is to construct and transfer simple, decent, and affordable homes in partnership with these families. They accomplish this by utilizing donated funds, materials, and labor to build homes. Once completed, these homes are sold to the partner families at an affordable mortgage rate and below-market value. This strategic approach enables Habitat for Humanity Capital District Inc to help deserving homeowners secure their own residences, making a significant impact on their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Habitat for Humanity Capital District Inc has a significant impact on the community by providing simple, decent, and affordable housing for lower-income families in need. In a recent initiative, the organization completed and transferred five new construction homes to deserving homeowners who qualified for its housing program. This effort not only helps families gain stable housing but also fosters community development and enhances the quality of life for its residents.
Through a model that emphasizes partnership with low-income households, Habitat for Humanity Capital District Inc uses donated money, materials, and labor to build homes. The affordable mortgages and below-market-value sales prices enable families to purchase homes they can truly afford. This approach not only meets immediate housing needs but also contributes to long-term financial stability for these families, allowing them to build equity and invest in their future. Overall, the organization's work is vital in addressing housing insecurity and creating sustainable communities in Albany, NY.
This information is meant to be a general summary of Habitat For Humanity Capital District 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.
- Program Service Revenue: $706,510
- Gross Receipts: $2,508,669
Assets and Liabilities:
- Total Assets: $1,843,985
- Total Liabilities: $1,635,662
- Net Assets: $208,323
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$686,736
MORTGAGE AMORTIZATION
Revenue
$19,774
Organization Details
Founding Year
1988
Phone
(518) 462-2993Principal Officer
Christine Schudde
Main Address
207 SHERIDAN AVE, ALBANY, NY, 12210
Website
www.habitatcd.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Capital District 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.