Overview
What is Habitat For Humanity Of Berks County?
Habitat for Humanity of Berks County is a nonprofit organization based in Reading, Pennsylvania, with a mission to provide affordable housing opportunities for moderate-income families. They accomplish this by constructing and rehabilitating homes, with the help of volunteers and homeowners-to-be, who must meet certain eligibility requirements and contribute a specified number of "sweat equity hours." In the recent fiscal year 2021/22, one home was successfully completed and transferred to a new owner. The organization is expanding its reach by partnering with other organizations for remodeling projects, furthering its commitment to making a difference in the community. With a team of 15 dedicated employees, Habitat for Humanity of Berks County strives to enhance lives and empower families to build a better future.
Official website here: www.habitatberks.org
What are the reviews and ratings of this charity?
85% rating from Charity Navigator indicates that Habitat for Humanity of Berks County has achieved a Three-Star out of Four Star rating, reflective of its strong performance in accountability and finance. This score is solely based on the Accountability & Finance beacon, highlighting the organization’s commitment to transparency and responsible management of resources.
The organization excels in several areas, including having a fully independent board and a well-structured financial oversight committee, which contributes to its high marks in governance. Notably, it has demonstrated effective financial practices, with a program expense ratio of 89.49%, indicating that a significant portion of its expenses directly supports its mission.
However, there is a noted limitation in the absence of a whistleblower policy, which could impact perceptions of internal governance. Despite this, the overall financial health appears stable, with a liabilities to assets ratio of nearly 60%, suggesting a balanced management of its financial responsibilities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Berks County?
98% of 16 reviewers on Facebook recommend Habitat For Humanity of Berks County. Here's a summary of their reviews:
Many users express strong support for the organization, praising its mission to assist first-time homeowners who struggle to secure traditional loans. The reviews highlight the professionalism, courtesy, and kindness of the staff, making it clear that they value the positive experience when working with the nonprofit.
Overall, there seems to be a consensus that Habitat For Humanity of Berks County successfully delivers on its promise to empower individuals and families by helping them achieve homeownership. The appreciation for their support and services underscores the impact this organization has in the community.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Berks County legitimate?
Habitat For Humanity Of Berks County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Berks County 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: $106,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $491,362
For more financial information, click here
Official website here: www.habitatberks.org
What is the mission statement of Habitat For Humanity Of Berks County?
Habitat for Humanity of Berks County, as a nonprofit organization, is dedicated to providing affordable home ownership opportunities for moderate income families. Their mission, in essence, is to empower individuals to build their own futures and lead decent lives. Through constructing and rehabilitating homes, they offer affordable housing solutions, with the work often carried out by volunteers and the future homeowners themselves. Each prospective homeowner must meet specific qualifications, including contributing a certain number of 'sweat equity hours'. In the recent fiscal year 2021-2022, the organization completed and transferred one home to a new owner. Additionally, Habitat for Humanity of Berks County has started collaborating with other organizations to assist with remodeling projects.
Official website here: www.habitatberks.org
Who is the CEO of Habitat For Humanity Of Berks County?
Timothy Daley is the President Through December of Habitat For Humanity Of Berks County.
Official website here: www.habitatberks.org
What is the revenue of Habitat For Humanity Of Berks County?
Habitat For Humanity Of Berks County's revenue in 2022 was $2,341,792.
Official website here: www.habitatberks.org
Who are the executives of Habitat For Humanity Of Berks County and what are their salaries?
The average compensation at Habitat For Humanity Of Berks County during 2022 was $39,841. There are 15 employees and 200 volunteers at Habitat For Humanity Of Berks County.
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- Compensation: $99,630
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- Other: $6,616
Official website here: www.habitatberks.org
Where can I find the form 990 for Habitat For Humanity Of Berks County?
Habitat For Humanity Of Berks County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatberks.org
Learn more at the official website: www.habitatberks.org
Mission Statement of Habitat For Humanity Of Berks County
Habitat for Humanity of Berks County, as a nonprofit organization, is committed to creating affordable home ownership opportunities for moderate income families. This charitable entity, operating under the 501(c)(3) umbrella, believes in the notion that every individual deserves a decent life and the power to shape their own future. In line with this belief, Habitat for Humanity of Berks County exists to provide such opportunities through the construction and renovation of homes.
The organization's mission is carried out by engaging volunteers and prospective homeowners in the building process. This collaborative approach not only results in affordable housing for these families but also empowers them to contribute to their own future homes. Each potential homeowner is required to meet certain qualifications, one of which involves contributing a specified number of 'sweat equity hours.' Once these criteria are met, a transfer or sale of the home can occur. During the fiscal year 2021/2022, one such home was completed and transferred to a homeowner.
In addition to its primary mission, Habitat for Humanity of Berks County has begun collaborating with other organizations to assist with remodeling projects. This expansion of its activities further underscores its commitment to providing affordable housing solutions and strengthening communities.
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Impact
October, 2024
Habitat For Humanity of Berks County creates impactful opportunities for moderate-income families by facilitating affordable home ownership. Through the construction and rehabilitation of homes, the organization provides essential housing solutions that empower families to build a stable future.
In its recent activities, volunteers and future homeowners collaborate to bring these projects to life, reinforcing a sense of community and shared purpose. For each prospective homeowner, sweat equity is a key component, requiring them to invest their time and effort into the construction process, thereby fostering a deeper connection to their new home.
In the fiscal year 2021-2022, the completion and transfer of a home marked a significant achievement, directly improving the living conditions and prospects for the family involved. Furthermore, Habitat For Humanity of Berks County actively seeks partnerships with other organizations to enhance its reach and effectiveness, contributing not just homes but also a supportive network that facilitates remodeling projects and other housing improvements.
With a commitment to ensuring that all people can achieve a decent living environment, the organization plays a crucial role in transforming lives and neighborhoods in Reading, PA, creating lasting change one home at a time.
This information is meant to be a general summary of Habitat For Humanity Of Berks County. 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: $459
- Program Service Revenue: $1,193,572
- Gross Receipts: $2,363,380
Assets and Liabilities:
- Total Assets: $1,291,369
- Total Liabilities: $388,903
- Net Assets: $902,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$642,935
CONTRACTED RENOVATION
Revenue
$434,114
SALE OF PROPERTIES
Revenue
$107,136
MORTGAGE LOAN DISCOUNT
Revenue
$9,387
Organization Details
Founding Year
1988
Phone
(610) 373-3439Principal Officer
Timothy Daley
Main Address
201 WASHINGTON STREET 329, READING, PA, 19601
Website
www.habitatberks.orgNTEE Category
Code: L20 - Housing
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