Overview
What is Habitat For Humanity Of Greater Indianapolis Inc?
Habitat for Humanity of Greater Indianapolis Inc is a local nonprofit organization that collaborates with eligible families to construct or renovate homes. It aims to provide the life-changing opportunity for these families to purchase and own simple, quality, and affordable residences. The organization, also known as Greater Indy Habitat for Humanity, is headquartered at 3135 N Meridian Street in Indianapolis, Indiana, and has a team of 115 employees. They work in partnership with the community to build and sell houses to families in need, granting them the stability and security of homeownership through affordable, no-interest loans.
Official website here: www.indyhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Habitat for Humanity of Greater Indianapolis Inc has achieved an impressive 99% rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as a commendable culture and community score. The organization boasts a perfect accountability and finance score of 100%, indicating exceptional management of funds and transparency in financial practices. Furthermore, it has consistently demonstrated accountability through independent board governance and effective oversight mechanisms.
The nonprofit's commitment to community engagement is highlighted by a high culture and community score of 94%, showcasing its dedication to involving stakeholders and utilizing feedback effectively. With 100% of its board members being independent, the organization emphasizes impartial governance, which contributes to its overall credibility and trustworthiness among donors and supporters. Its outstanding performance in program expenses, with 91.01% going directly to its mission, demonstrates a strong focus on impactful programs.
While the organization has many strengths, the data indicates a relatively lower score in the culture and community category compared to its financial management. However, this does not detract significantly from its overall standing as a reputable nonprofit. The continuous collection and application of feedback further suggest that Habitat for Humanity of Greater Indianapolis is actively seeking to improve and adapt its practices to better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Greater Indianapolis Inc legitimate?
Habitat For Humanity Of Greater Indianapolis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Indianapolis 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: $373,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,923,094
For more financial information, click here
Official website here: www.indyhabitat.org
What is the mission statement of Habitat For Humanity Of Greater Indianapolis Inc?
Habitat for Humanity of Greater Indianapolis Inc (GIHFH) brings together the community and those in need to offer a life-changing opportunity to purchase and own simple, quality, affordable homes. Through this partnership, GIHFH builds or renovates houses in collaboration with qualifying families, selling these homes at no profit. The organization provides affordable, no-interest loans to help make homeownership a reality. By offering this valuable chance, GIHFH positively impacts families' lives, enabling them to build a strong foundation for their future.
Official website here: www.indyhabitat.org
Who is the CEO of Habitat For Humanity Of Greater Indianapolis Inc?
Jim Morris is the Treasurer of Habitat For Humanity Of Greater Indianapolis Inc. The CEO's salary of Habitat For Humanity Of Greater Indianapolis Inc is $150,919 and their total compensation is $159,902.
Official website here: www.indyhabitat.org
What is the revenue of Habitat For Humanity Of Greater Indianapolis Inc?
Habitat For Humanity Of Greater Indianapolis Inc's revenue in 2022 was $13,788,230.
Official website here: www.indyhabitat.org
Who are the executives of Habitat For Humanity Of Greater Indianapolis Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Indianapolis Inc during 2022 was $28,668. There are 115 employees and 4693 volunteers at Habitat For Humanity Of Greater Indianapolis Inc.
Here are 22 key members and their salaries (Habitat For Humanity Of Greater Indianapolis Inc's CEO's salary is $150,919 and their total compensation is $159,902):
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- Compensation: $150,919
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- Compensation: $98,613
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- Other: $7,923
Official website here: www.indyhabitat.org
Where can I find the form 990 for Habitat For Humanity Of Greater Indianapolis Inc?
Habitat For Humanity Of Greater Indianapolis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indyhabitat.org
Learn more at the official website: www.indyhabitat.org
Mission Statement of Habitat For Humanity Of Greater Indianapolis Inc
Greater Indy Habitat for Humanity (GIHFH) is a community-focused organization that brings people together to provide a life-changing opportunity for those in need. By partnering with families who qualify, this nonprofit organization offers the chance to purchase and own simple, quality, and affordable homes.
GIHFH's mission is grounded in the belief that everyone deserves a place to call their own. In collaboration with families, GIHFH builds or renovates houses, which are then sold to these families at no profit. The sale price is financed through affordable, no-interest loans. This model empowers families to take ownership of their living spaces and build a strong foundation for their future.
The impact of this initiative reaches far beyond the construction of a new home. By providing families with an affordable housing solution, GIHFH enables them to focus on other aspects of their lives, such as education, employment, and personal growth. This opportunity to break the cycle of poverty and instability is a testament to the transformative power of Greater Indy Habitat for Humanity's mission.
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Impact
October, 2024
Habitat for Humanity of Greater Indianapolis, Inc. has a significant impact on the local community by facilitating homeownership for families in need. They create opportunities for individuals and families to purchase simple, quality, and affordable homes. This is achieved through the construction and renovation of houses tailored for families that qualify, ensuring these homes are sold at no profit. The financing model relies on affordable, no-interest loans, which further enhances accessibility for those who might otherwise struggle to secure homeownership.
By uniting the community with those in need, Habitat for Humanity fosters partnerships that result in long-term benefits not only for the families who move into these homes but also for the surrounding neighborhoods. Homeownership often leads to increased stability, financial security, and better health outcomes, contributing to the overall improvement of community wellness. The initiative supports the idea that everyone deserves a decent place to live, making a meaningful difference in the lives of many in Indianapolis.
This information is meant to be a general summary of Habitat For Humanity Of Greater Indianapolis 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: $1,537,825
- Program Service Revenue: $8,108,351
- Gross Receipts: $18,095,266
Assets and Liabilities:
- Total Assets: $27,656,573
- Total Liabilities: $4,312,596
- Net Assets: $23,343,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$3,887,147
RESTORE SALES
Revenue
$3,633,217
MORTGAGE LOAN DISC AMORT
Revenue
$587,987
Organization Details
Founding Year
1987
Phone
(317) 921-2121Principal Officer
Jim Morris
Main Address
3135 N MERIDIAN STREET, INDIANAPOLIS, IN, 46208
Website
www.indyhabitat.orgNTEE Category
Code: L20Z - Housing
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