Overview
What is Wabash Valley Habitat For Humanity?
Wabash Valley Habitat for Humanity is a dedicated nonprofit organization situated within the Wabash Valley region. Their primary mission revolves around constructing, renovating, selling, and financing homes with zero-percent mortgages to families who may not qualify for home loans through conventional means. Beyond home construction, they also engage in neighborhood revitalization initiatives, such as repairing and refurbishing houses, as well as adding sheds. This nonprofit organization's efforts contribute to making homeownership attainable for numerous families in the region.
Official website here: www.wvh4h.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Wabash Valley Habitat For Humanity has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this area, indicating a solid commitment to transparency and responsible financial management. This high rating is based on the organization's adherence to best practices in governance and its effective use of resources.
The nonprofit boasts a fully independent board, with all 16 members meeting the independence criteria. It also maintains a high level of financial integrity, with no reported material diversions of assets, which reinforces its reliability as a charitable organization. Furthermore, its program expense ratio stands at an impressive 83.16%, demonstrating that a significant portion of its financial resources is directed towards its core mission of building homes for those in need.
Despite its strengths, the data does not provide insights into specific outcomes or the impact of its programs in the community. However, the robust financial practices and governance structures in place suggest that Wabash Valley Habitat For Humanity is well-equipped to effectively serve its mission while maintaining the trust of its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash Valley Habitat For Humanity legitimate?
Wabash Valley Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash Valley Habitat For Humanity 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:
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Other Salaries and Wages: $55,784
For more financial information, click here
Official website here: www.wvh4h.org
What is the mission statement of Wabash Valley Habitat For Humanity?
Wabash Valley Habitat for Humanity is committed to constructing, restoring, selling, and financing homes with zero-interest mortgages for families who struggle to secure home loans through conventional means. By doing so, the organization aims to address housing needs within the community, providing a viable housing solution for individuals who may otherwise be left out. The organization's activities extend beyond home construction, including neighborhood revitalization efforts such as repairs, refurbishments, and the addition of sheds. Furthermore, Wabash Valley Habitat for Humanity constructs and sells homes to eligible low-income applicants.
Official website here: www.wvh4h.org
Who is the CEO of Wabash Valley Habitat For Humanity?
Chuck Norman is the President of Wabash Valley Habitat For Humanity.
Official website here: www.wvh4h.org
What is the revenue of Wabash Valley Habitat For Humanity?
Wabash Valley Habitat For Humanity's revenue in 2023 was $628,398.
Official website here: www.wvh4h.org
Who are the executives of Wabash Valley Habitat For Humanity and what are their salaries?
The average compensation at Wabash Valley Habitat For Humanity during 2023 was $11,157. There are 5 employees and 200 volunteers at Wabash Valley Habitat For Humanity.
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Official website here: www.wvh4h.org
Where can I find the form 990 for Wabash Valley Habitat For Humanity?
Wabash Valley Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wvh4h.org
Learn more at the official website: www.wvh4h.org
Mission Statement of Wabash Valley Habitat For Humanity
Wabash Valley Habitat for Humanity is dedicated to a noble mission. This nonprofit organization aims to construct, rehabilitate, sell, and finance homes with 0% mortgages to families who would otherwise struggle to secure home loans through conventional means. By doing so, Wabash Valley Habitat for Humanity is instrumental in providing housing solutions to those who are financially disadvantaged, ensuring they have a stable living environment.
Beyond constructing and selling homes, Wabash Valley Habitat for Humanity also engages in neighborhood revitalization efforts. This includes repairing, refurbishing houses, and adding sheds to improve the overall appearance and livability of the community. This holistic approach to housing not only benefits the families who receive homes but also helps to strengthen and revitalize the neighborhoods in which they live.
In summary, Wabash Valley Habitat for Humanity is a compassionate organization that is committed to making a meaningful difference in the lives of families in need. By constructing, rehabilitating, and selling homes with 0% mortgages, and by investing in neighborhood revitalization projects, Wabash Valley Habitat for Humanity is playing a crucial role in providing safe, affordable housing to families who would otherwise be unable to secure it.
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Impact
July, 2024
Wabash Valley Habitat For Humanity's impact lies in its ability to provide affordable housing solutions to families in the Wabash Valley who would otherwise struggle to obtain home loans through traditional avenues. Through its construction, rehabilitation, and financing programs, this organization helps low-income applicants achieve homeownership, thereby contributing to neighborhood revitalization efforts and improving overall quality of life for families in Terre Haute, Indiana.
This information is meant to be a general summary of Wabash Valley Habitat For Humanity. 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: $37,887
- Program Service Revenue: $220,921
- Gross Receipts: $659,511
Assets and Liabilities:
- Total Assets: $1,310,152
- Total Liabilities: $1,422
- Net Assets: $1,308,730
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Restore Sales
Revenue
$139,330
Net Home Sales
Revenue
$81,591
Organization Details
Founding Year
1988
Phone
(812) 235-5914Principal Officer
Chuck Norman
Main Address
1841 Wabash Avenue, Terre Haute, IN, 47807
Website
www.wvh4h.orgNTEE Category
Code: L20Z - Housing
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