Overview
What is Metropolitan Camden Habitat For Humanity Inc?
Metropolitan Camden Habitat for Humanity Inc, located in Cherry Hill, New Jersey, is a dedicated nonprofit organization with a mission to construct and renovate affordable homes for individuals in need in Camden County. They partner with various entities to accomplish this goal and also strive to foster healthy communities through educational programs focusing on personal finance, successful homeownership, and job training in the construction trades. Since 2009, they have operated a Restore Program, a retail operation that accepts and sells gently used items, offering a recycling opportunity for home goods and discounted building materials while raising funds to support their mission. The organization employs a team of 26 individuals.
Official website here: www.habitatcamden.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Metropolitan Camden Habitat For Humanity Inc has achieved a 75% rating from Charity Navigator, reflecting solid performance in accountability and finance. The organization boasts a high program expense ratio of 87.07%, indicating that the majority of funds are directed towards their programs. Their financial practices are commendably overseen, with an independent board made up entirely of independent members and a clean audit trail, ensuring transparency and ethical governance.
The organization excels in leadership and adaptability, receiving a perfect score in this area, which suggests that it has a strong strategic direction and effective leadership in place. The high scores across various governance metrics, such as having a whistleblower policy and a conflict of interest policy, further underscore its commitment to ethical practices and accountability.
While the overall rating is positive, the financial score is slightly lower at 72%, which may suggest room for improvement in financial management or reporting practices. Nonetheless, the organization's strengths in program efficiency and governance contribute to its reliability as a nonprofit dedicated to community development and housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Camden Habitat For Humanity Inc legitimate?
Metropolitan Camden Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Camden Habitat For Humanity 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: $84,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $622,838
For more financial information, click here
Official website here: www.habitatcamden.org
What is the mission statement of Metropolitan Camden Habitat For Humanity Inc?
Metropolitan Camden Habitat for Humanity Inc. works in partnership with individuals and organizations to construct and renovate homes for those in need of affordable, decent living spaces. Their mission extends beyond housing, as they also strive to foster healthy communities through educational programs. These programs focus on personal finance, successful homeownership, and job training in the construction trades. This approach empowers individuals and contributes to the overall betterment of the communities they serve.
Official website here: www.habitatcamden.org
Who is the CEO of Metropolitan Camden Habitat For Humanity Inc?
Jeff Mihalek is the President of Metropolitan Camden Habitat For Humanity Inc.
Official website here: www.habitatcamden.org
What is the revenue of Metropolitan Camden Habitat For Humanity Inc?
Metropolitan Camden Habitat For Humanity Inc's revenue in 2023 was $2,628,237.
Official website here: www.habitatcamden.org
Who are the executives of Metropolitan Camden Habitat For Humanity Inc and what are their salaries?
The average compensation at Metropolitan Camden Habitat For Humanity Inc during 2023 was $27,213. There are 26 employees and 600 volunteers at Metropolitan Camden Habitat For Humanity Inc.
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Official website here: www.habitatcamden.org
Where can I find the form 990 for Metropolitan Camden Habitat For Humanity Inc?
Metropolitan Camden Habitat For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatcamden.org
Learn more at the official website: www.habitatcamden.org
Mission Statement of Metropolitan Camden Habitat For Humanity Inc
Metropolitan Camden Habitat for Humanity Inc is committed to collaborating with individuals and organizations to construct and renovate homes for those in need of affordable and decent living spaces in Camden County. Beyond this, the nonprofit aims to cultivate and strengthen healthy communities by offering educational programs focused on personal finance, successful homeownership, and job training in the construction trades. By doing so, Metropolitan Camden Habitat for Humanity Inc seeks to empower its beneficiaries and contribute to the betterment of their communities.
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Impact
October, 2024
Metropolitan Camden Habitat For Humanity Inc has significantly impacted Camden County by actively addressing the urgent need for affordable housing. Through partnerships with individuals and organizations, it builds and renovates homes for those facing housing insecurity, ensuring families have access to decent living conditions.
Additionally, the organization goes beyond just constructing homes; it fosters healthy communities through educational initiatives. These programs focus on personal finance, successful homeownership, and job training in construction trades, equipping individuals with essential skills for long-term success.
The ReStore program further amplifies its impact by promoting recycling and sustainability. By accepting and reselling new and gently used items, it not only diverts tons of materials from landfills but also generates funds that support the mission of building affordable homes. Since its inception in 2009, the ReStore has emerged as a crucial source of revenue while encouraging community involvement and responsible consumption.
Overall, Metropolitan Camden Habitat For Humanity Inc is not only providing housing solutions but is also empowering individuals and fostering resilience in the communities it serves.
This information is meant to be a general summary of Metropolitan Camden Habitat For Humanity 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 2023.
- Investment Income: $171
- Program Service Revenue: $1,381,064
- Gross Receipts: $2,628,237
Assets and Liabilities:
- Total Assets: $1,670,968
- Total Liabilities: $1,420,840
- Net Assets: $250,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE PROGRAM
Revenue
$972,673
HOME SALES
Revenue
$319,700
MORTGAGE DISCOUNTS AND
Revenue
$58,878
OTHER PROGRAM INCOME
Revenue
$29,813
Organization Details
Founding Year
1986
Phone
(856) 963-8018Principal Officer
Jeff Mihalek
Main Address
1814 EAST ROUTE 70, CHERRY HILL, NJ, 08003
Website
www.habitatcamden.orgNTEE Category
Code: L20 - Housing
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