Overview
What is Habitat For Humanity Of Greater Newark?
Habitat for Humanity of Greater Newark is a dedicated nonprofit organization located in Newark, New Jersey. Their primary mission is to construct and repair housing for qualified families, often working in partnership with the families themselves and volunteers. These homes are sold at a significantly lower cost or appraised value to the families, with the added benefit of zero percent interest loans. The organization's activities extend beyond homebuilding, as they also provide critical repairs for homes damaged by natural disasters, such as Hurricane Sandy. With a team of 26 dedicated individuals, Habitat for Humanity of Greater Newark strives to replace substandard housing with affordable alternatives for low to moderate income families, contributing positively to their community.
Official website here: www.habitatnewark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%
Habitat for Humanity of Greater Newark has received an 87% score from Charity Navigator, which translates to a Three-Star out of Four Star rating. This indicates a solid level of accountability and financial health, with high marks for its independent board structure, transparency in financial statements, and effective fundraising efficiency. The organization's program expense ratio is commendable at 76.22%, suggesting that a significant portion of its resources is directed towards its mission.
User feedback highlights a mix of positive experiences and some critical perspectives. Many volunteers praise the organization for its welcoming staff and impactful community projects, emphasizing the rewarding nature of volunteering with Habitat Newark. Reviewers often mention the memorable experiences they have had while working on construction sites and the organization's successful efforts to revitalize neighborhoods.
However, there are notable criticisms regarding changes in volunteer engagement and project management. Some users express concern that the organization has shifted its approach, relying more on paid professionals rather than encouraging volunteer participation. This has led to skepticism among former supporters about the organization's direction and its ability to fulfill its mission effectively, indicating a need for Habitat Newark to address these concerns and reinforce its volunteer-centric approach.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Of Greater Newark legitimate?
Habitat For Humanity Of Greater Newark is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Newark 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: $242,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $735,693
For more financial information, click here
Official website here: www.habitatnewark.org
What is the mission statement of Habitat For Humanity Of Greater Newark?
Habitat For Humanity of Greater Newark's mission is centered around providing affordable housing solutions for low to moderate income families. The organization engages in homebuilding and critical repairs to replace substandard housing, striving to make a positive impact in the lives of many. They collaborate with qualified families, volunteers, and utilize their resources to construct homes at lower costs or appraised values, subsequently selling them with zero percent interest loans. Additionally, Habitat For Humanity of Greater Newark has extended its reach by offering critical repairs to homes damaged by natural disasters, such as Hurricane Sandy.
Official website here: www.habitatnewark.org
Who is the CEO of Habitat For Humanity Of Greater Newark?
Jeffrey Farrell is the Ceo of Habitat For Humanity Of Greater Newark. The CEO's salary of Habitat For Humanity Of Greater Newark is $242,739 and their total compensation is $242,739.
Official website here: www.habitatnewark.org
What is the revenue of Habitat For Humanity Of Greater Newark?
Habitat For Humanity Of Greater Newark's revenue in 2022 was $3,735,043.
Official website here: www.habitatnewark.org
Who are the executives of Habitat For Humanity Of Greater Newark and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Newark during 2022 was $37,632. There are 26 employees and 1148 volunteers at Habitat For Humanity Of Greater Newark.
Here are 13 key members and their salaries (Habitat For Humanity Of Greater Newark's CEO's salary is $242,739 and their total compensation is $242,739):
- Compensation: $242,739
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $166,477
- Related: $0
- Other: $0
Official website here: www.habitatnewark.org
Where can I find the form 990 for Habitat For Humanity Of Greater Newark?
Habitat For Humanity Of Greater Newark's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatnewark.org
Learn more at the official website: www.habitatnewark.org
Mission Statement of Habitat For Humanity Of Greater Newark
Habitat for Humanity of Greater Newark is dedicated to a noble mission. This nonprofit organization focuses on homebuilding and critical repairs, aiming to replace substandard housing with affordable options for low to moderate income families. By constructing homes in collaboration with qualified families and volunteers, the organization ensures that these new residences are sold at a lower cost or appraised value. The families then purchase these homes with zero percent interest loans.
Beyond home construction, Habitat for Humanity of Greater Newark also acknowledges the importance of critical repairs. After the devastation caused by Hurricane Sandy, the organization stepped in to restore damaged homes, demonstrating their commitment to providing safe and secure living spaces for those in need. By executing these missions, Habitat for Humanity of Greater Newark works tirelessly to improve the living conditions of its community, enabling families to build a stable future.
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Impact
October, 2024
Habitat for Humanity of Greater Newark transforms communities by replacing substandard housing with affordable homes, directly impacting low to moderate income families. Through the construction of new homes, families are empowered to build a stable future, as they participate in the homebuilding process alongside volunteers. The homes are offered to families at a lower cost or appraised value, accompanied by zero percent interest loans, making homeownership attainable.
In addition to home construction, this organization addresses urgent needs in the community by providing critical repairs, particularly to homes damaged by Hurricane Sandy. This comprehensive approach not only enhances living conditions but also fosters a sense of belonging and stability for families, ultimately contributing to stronger, more resilient neighborhoods in Newark.
This information is meant to be a general summary of Habitat For Humanity Of Greater Newark. 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: $161
- Program Service Revenue: $884,558
- Gross Receipts: $3,735,043
Assets and Liabilities:
- Total Assets: $3,125,081
- Total Liabilities: $1,110,378
- Net Assets: $2,014,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO HOMEOWNERS
Revenue
$221,275
CRITICAL HOME REPAIRS
Revenue
$207,249
VEHICLE SALES
Revenue
$178,116
RESTORE SALES
Revenue
$141,577
HOMEOWNERS INTEREST ON
Revenue
$133,786
Organization Details
Founding Year
1986
Phone
(973) 624-3330Principal Officer
Jeffrey Farrell
Main Address
PO BOX 32189, NEWARK, NJ, 07102
Website
www.habitatnewark.orgNTEE Category
Code: L20Z - Housing
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