Overview
What is Armstrong Habitat For Humanity Inc?
Armstrong Habitat for Humanity Inc is a compassionate nonprofit organization situated in Kittanning, Pennsylvania. Their primary mission is to ensure everyone has a decent living space, impacting lives through various initiatives. These include building homes for low-income partners, offering mortgages with below-market prices and no-interest financing, providing home improvement and repair services at reduced rates, and contributing to the revitalization of neighborhoods. Currently, they are working on refurbishing nine homes. With a dedicated team of three employees, Armstrong Habitat for Humanity Inc is committed to improving living conditions and fostering community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Armstrong Habitat For Humanity Inc has achieved a strong overall score of 94%, reflecting its commitment to accountability and finance. This excellent rating is derived entirely from its Accountability & Finance score, indicating that the charity adheres to high standards in financial management and governance practices, which is crucial for donor trust.
The organization demonstrates effective oversight with a fully independent board and strong policies in place, including conflict of interest, whistleblower, and document retention policies. Its financial health is also commendable, with a low liabilities-to-assets ratio and a significant portion of its expenses directed toward programs, indicating efficient use of resources.
While the data highlights several strengths, the report does not provide details on program effectiveness or community impact, which are important for understanding the full scope of the organization's work. Overall, Armstrong Habitat For Humanity Inc stands out for its financial integrity and operational transparency, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Armstrong Habitat For Humanity Inc legitimate?
Armstrong Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armstrong 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: $50,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,232
For more financial information, click here
What is the mission statement of Armstrong Habitat For Humanity Inc?
Armstrong Habitat for Humanity Inc's mission is centered around constructing and renovating homes for individuals with limited income, offering them financing options with low interest or no interest rates. This organization operates under the belief that everyone deserves a decent living space. In addition to home construction and renovation, they also offer home improvement and repair services at reduced prices and without interest charges. Furthermore, Armstrong Habitat for Humanity contributes to community revitalization by improving neighborhoods. Currently, they have nine houses undergoing renovation.
Who is the CEO of Armstrong Habitat For Humanity Inc?
Tom Hileman is the President - Through December 2022 of Armstrong Habitat For Humanity Inc.
What is the revenue of Armstrong Habitat For Humanity Inc?
Armstrong Habitat For Humanity Inc's revenue in 2023 was $648,357.
Who are the executives of Armstrong Habitat For Humanity Inc and what are their salaries?
The average compensation at Armstrong Habitat For Humanity Inc during 2023 was $37,360. There are 3 employees and 100 volunteers at Armstrong Habitat For Humanity Inc.
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- Compensation: $57,269
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- Other: $1,771
Where can I find the form 990 for Armstrong Habitat For Humanity Inc?
Armstrong Habitat For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Armstrong Habitat For Humanity Inc
Armstrong Habitat for Humanity Inc is dedicated to improving living conditions for individuals with limited financial resources. Their mission revolves around constructing and renovating homes for eligible clients, offering them mortgages at reduced interest rates or even interest-free financing. This nonprofit organization operates under the belief that everyone deserves a decent place to live.
In addition to building new homes, Armstrong Habitat for Humanity Inc also provides home improvement and repair services at reduced costs and with interest-free financing. Their goal is to revitalize neighborhoods and positively impact the lives of their clients. Currently, the organization has nine houses undergoing renovation, testifying to their ongoing commitment to this cause.
In essence, Armstrong Habitat for Humanity Inc seeks to provide affordable housing solutions, offering both new homes and home improvement services to individuals in need. By doing so, they contribute to the improvement of living conditions and the revitalization of neighborhoods.
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Impact
July, 2024
Armstrong Habitat For Humanity Inc's impact can be seen in the tangible difference they make in the lives of individuals and communities. By building homes for low-income partners, offering mortgages at below-market prices and providing no-interest financing, they are enabling individuals to attain stable housing that they might not have had access to otherwise. Additionally, their home improvement and repair services further contribute to the well-being of these families. Through their efforts, Armstrong Habitat For Humanity Inc is not just providing shelter but also helping to revitalize neighborhoods and create a positive ripple effect in the community.
This information is meant to be a general summary of Armstrong 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: -$32,896
- Program Service Revenue: $141,187
- Gross Receipts: $701,708
Assets and Liabilities:
- Total Assets: $1,126,703
- Total Liabilities: $150,585
- Net Assets: $976,118
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF MORTGAGES TO B
Revenue
$92,678
SALE OF HOMES TO HABIT
Revenue
$45,000
AMORTIZATION OF INTERE
Revenue
$3,509
Organization Details
Founding Year
1992
Phone
(724) 467-2771Principal Officer
Tom Hileman
Main Address
PO BOX 837, KITTANNING, PA, 16201
NTEE Category
Code: L20Z - Housing
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