Overview
What is Home Building Industry Disaster Relief Fund Inc?
Home Building Industry Disaster Relief Fund Inc, headquartered in Washington D.C., is a charitable organization that supports communities impacted by disasters. Since its establishment in 2005, it has allocated over $2.2 million in grants to various organizations, primarily through local Home Builders Institute chapters and affiliated Home Builder Associations. These grants have mainly funded projects aimed at job training programs, disaster response courses, and rebuilding damaged community facilities and housing. Examples include repairing a nonprofit residential treatment facility for children and rehabilitating homes in low-income, rural areas. The Fund's mission is to facilitate the rebuilding of communities by providing financial assistance to recognized charities focusing on essential services such as shelter, healthcare, and education.
Official website here: www.nahb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Home Building Industry Disaster Relief Fund Inc has achieved a respectable score of 76%, reflecting a strong focus on accountability and finance. The rating is based entirely on a single beacon score, indicating that the organization excels in financial management, with a program expense ratio of 97.98%. This suggests that nearly all funds are directed toward the charity's programs, which is a positive indicator for potential donors.
Strengths of the organization include a fully independent board with 80% of its members being independent, indicating a commitment to governance and oversight. Additionally, there are no reported issues with asset diversion, and the organization has satisfactory practices regarding documentation, with board meeting minutes available. However, there are some limitations, notably the absence of a conflict of interest policy and a whistleblower policy, which could impact its overall governance practices.
Overall, while the Home Building Industry Disaster Relief Fund Inc demonstrates robust financial accountability and governance structure, enhancing its policies on conflicts of interest and whistleblower protection could further strengthen its operational transparency. The charity's commitment to directing funds toward its mission is commendable, making it a potentially trustworthy choice for donors looking to support disaster relief efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Home Building Industry Disaster Relief Fund Inc legitimate?
Home Building Industry Disaster Relief Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Building Industry Disaster Relief Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nahb.org
What is the mission statement of Home Building Industry Disaster Relief Fund Inc?
The Home Building Industry Disaster Relief Fund (HBIDRF) was established to aid areas affected by disasters, facilitating the rebuilding of communities. The fund provides grants to recognized charities with similar primary needs, focusing on shelter, healthcare, and education. The HBIDRF's mission is to support these organizations in their efforts to rebuild communities, helping to restore homes and community facilities. Since its establishment in 2005, the HBIDRF has approved over $2.2 million in grants, supporting various projects that directly impact rebuilding damaged communities and housing. These projects include repairing facilities for children and rebuilding homes for low-income families and disaster-affected communities.
Official website here: www.nahb.org
Who is the CEO of Home Building Industry Disaster Relief Fund Inc?
Jim Tobin is the President of Home Building Industry Disaster Relief Fund Inc.
Official website here: www.nahb.org
What is the revenue of Home Building Industry Disaster Relief Fund Inc?
Home Building Industry Disaster Relief Fund Inc's revenue in 2022 was $6,116.
Official website here: www.nahb.org
Who are the executives of Home Building Industry Disaster Relief Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,774,140
- Other: $56,140
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nahb.org
Where can I find the form 990 for Home Building Industry Disaster Relief Fund Inc?
Home Building Industry Disaster Relief Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nahb.org
Learn more at the official website: www.nahb.org
Mission Statement of Home Building Industry Disaster Relief Fund Inc
The Home Building Industry Disaster Relief Fund Inc, established with the mission to aid areas impacted by disasters, aims to facilitate the rebuilding of communities. This is achieved by making funds available for direct contribution to recognized charities that share similar primary needs, such as shelter, healthcare, and education. The organization operates on the principle of collaborating with local NAHB members and affiliated home builder associations to identify charities and charitable projects in need of support. Since its inception in 2005, the Home Building Industry Disaster Relief Fund Inc has approved over $2.2 million in grants, which have been utilized to support various projects that directly impact rebuilding damaged community facilities and housing. These projects include repairing facilities for non-profit organizations, rebuilding camps, repairing shelters and rape crisis centers, and providing building supplies to communities in need. The fund also supports job training programs in carpentry, concrete technologies, electrical HVAC, and plumbing, as well as educational and charitable assistance at conferences focused on rebuilding homes and communities.
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Impact
August, 2024
Home Building Industry Disaster Relief Fund Inc has had a significant impact on areas affected by disasters through its grants to charitable organizations. Since its establishment in 2005, the organization has approved over $2.2 million in grants that have been used to support various projects. These projects include providing job training programs in construction-related fields, developing educational courses in disaster response and residential construction management, repairing community facilities, and rebuilding homes for those in need.
Additionally, the fund has supported a wide range of organizations and initiatives across different states, including providing assistance for flood relief, tornado recovery, and rebuilding efforts after hurricanes. By working with local partners and affiliated associations, the fund has been able to make a tangible difference in rebuilding communities and helping individuals affected by natural disasters.
This information is meant to be a general summary of Home Building Industry Disaster Relief Fund 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: $1,016
- Gross Receipts: $6,116
Assets and Liabilities:
- Total Assets: $496,062
- Total Liabilities: $460
- Net Assets: $495,602
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Organization Details
Founding Year
2005
Phone
(202) 266-8200Principal Officer
Jim Tobin
Main Address
1201 15TH STREET NW, WASHINGTON, DC, 20005
Website
www.nahb.orgNTEE Category
Code: M20 - Public safety
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