Overview
What is Champlain Valley Habitat For Humanity?
Champlain Valley Habitat for Humanity is a community-focused nonprofit organization situated in the region. Their mission is to collaborate with individuals in need to renovate and construct decent, affordable housing. They achieve this by leveraging volunteer labor and securing donations of funds and materials from both individuals and corporations. Through this partnership, they offer homes to qualified individuals at no profit, thereby promoting affordable housing solutions within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (54%)
Champlain Valley Habitat for Humanity received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial health and operational efficiency. The charity scored 54% overall, with particular weaknesses in its program expense ratio, which stands at only 29.50%. This suggests that a limited portion of its budget is directed towards its core mission of providing housing assistance.
Despite these financial challenges, the organization demonstrates strengths in governance and accountability, with 100% of its board members being independent. The presence of a conflict of interest policy, whistleblower policy, and effective documentation of board meeting minutes reflects a commitment to transparency and ethical practices. These factors contribute positively to the charity's governance score.
However, the high liabilities to assets ratio of 1.84% raises concerns about the organization's financial stability and ability to effectively support its programs in the long term. Overall, while Champlain Valley Habitat for Humanity has established strong governance practices, it must improve its financial management to better serve its mission and communities in need.
This AI summary has been generated from information found on Charity Navigator.
Is Champlain Valley Habitat For Humanity legitimate?
Champlain Valley Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champlain Valley Habitat For Humanity submitted a form 990EZ, 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.
What is the mission statement of Champlain Valley Habitat For Humanity?
Champlain Valley Habitat for Humanity's mission is centered around partnering with individuals in need to renovate and build decent, affordable housing. This organization primarily relies on volunteer labor and donations from individuals and corporations to fund and construct these homes. The houses are then sold at no profit to those in need, thereby contributing to the betterment of their living conditions. The organization's work is geared towards promoting affordable housing solutions, thereby contributing to the well-being of the community.
Who is the CEO of Champlain Valley Habitat For Humanity?
Mary Sousa is the Secretary of Champlain Valley Habitat For Humanity.
What is the revenue of Champlain Valley Habitat For Humanity?
Champlain Valley Habitat For Humanity's revenue in 2023 was $7,744.
Who are the executives of Champlain Valley Habitat For Humanity and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Champlain Valley Habitat For Humanity?
Champlain Valley Habitat For Humanity's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Champlain Valley Habitat For Humanity
Champlain Valley Habitat for Humanity is an organization that plays a crucial role in addressing the issue of affordable housing. Their mission is to collaborate with individuals and communities in need, aiming to renovate and construct decent homes at an affordable price. The primary means by which they achieve this goal is by partnering with volunteers, who contribute a significant portion of the labor required to build these homes. In addition, Champlain Valley Habitat for Humanity relies on the generous donations of both individuals and corporations, who provide the necessary financial and material resources to complete these projects.
Upon completion, the houses are sold to those in need without any profit margin. This approach ensures that the beneficiaries can secure affordable homes, thereby improving their living conditions and overall quality of life. By investing in housing projects, Champlain Valley Habitat for Humanity is not only addressing the immediate needs of families but also contributing to the long-term stability and growth of the communities in which they operate. Their mission is a testament to the power of collective action and the transformative impact that can be achieved when individuals and organizations come together to address pressing social issues.
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Impact
August, 2024
Champlain Valley Habitat For Humanity's impact lies in its mission to locally partner with people in need to rebuild and renovate decent affordable housing. Through the efforts of volunteers providing labor and the generosity of individuals and corporations donating money and materials, this organization plays a vital role in addressing the issue of affordable housing in the community of Plattsburgh, NY. By selling homes to those in need at no profit, Champlain Valley Habitat For Humanity is able to make a tangible difference in the lives of individuals and families facing housing insecurity.
This information is meant to be a general summary of Champlain Valley 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 2023.
- Program Service Revenue: $6,120
- Gross Receipts: $7,865
Assets and Liabilities:
- Total Assets: $396,464
- Total Liabilities: $7,693
- Net Assets: $388,771
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Organization Details
Phone
(518) 561-0720Principal Officer
Mary Sousa
Main Address
4817 SOUTH CATHERINE ST, PLATTSBURGH, NY, 12901
NTEE Category
Code: L20 - Housing
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