Overview
What is Twin Cities Habitat For Humanity Inc?
Twin Cities Habitat for Humanity Inc is a St. Paul-based nonprofit organization dedicated to creating and preserving affordable homeownership for low- to moderate-income families in the Twin Cities area. The organization fosters long-term success for its clients by providing one-on-one financial coaching, training courses, post-purchase support, and affordable mortgages through its subsidiary business, TCHFH Lending, Inc. Philanthropic donations and other support ensure the mortgage remains affordable for the homebuyer. Twin Cities Habitat for Humanity has a mission to bring people together to create, preserve, and promote affordable homeownership and advance racial equity in housing. The organization's initiatives include partnering with families of all backgrounds, with targeted outreach to communities of color, particularly Black households. Since its founding in 1985, over 1,600 families have purchased homes through the program. In FY2022, 387 families participated, with 89 achieving homeownership, 84 graduating from financial coaching, and 129 completing homebuyer education. Twin Cities Habitat for Humanity boasts an annual foreclosure rate under 1%, a testament to their diligent work in preparing families and providing post-purchase support.
Official website here: www.tchabitat.org
Is Twin Cities Habitat For Humanity Inc legitimate?
Twin Cities Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Cities 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.
Here are some key statistics you may want to consider:
Executive Compensation: $948,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,117,197
For more financial information, click here
What is the mission statement of Twin Cities Habitat For Humanity Inc?
Twin Cities Habitat for Humanity (TCHFH) is dedicated to creating, preserving, and advocating for affordable homeownership and advancing racial equity in housing. The organization's mission is brought to life through four major initiatives that focus on building and preserving homes in the community, while engaging the community in the critical issues surrounding affordable homeownership. By collaborating with volunteers, donors, and partners, TCHFH strives to make homeownership an attainable reality for families in need and promote racial equity within the housing industry.
Official website here: www.tchabitat.org
Who is the CEO of Twin Cities Habitat For Humanity Inc?
Christopher Coleman is the Board Chair of Twin Cities Habitat For Humanity Inc. The CEO's salary of Twin Cities Habitat For Humanity Inc is $315,963 and their total compensation is $350,889.
Official website here: www.tchabitat.org
What is the revenue of Twin Cities Habitat For Humanity Inc?
Twin Cities Habitat For Humanity Inc's revenue in 2022 was $44,081,313.
Official website here: www.tchabitat.org
Who are the executives of Twin Cities Habitat For Humanity Inc and what are their salaries?
The average compensation at Twin Cities Habitat For Humanity Inc during 2022 was $33,175. There are 213 employees and 6,594 volunteers at Twin Cities Habitat For Humanity Inc.
Here are 39 key members and their salaries (Twin Cities Habitat For Humanity Inc's CEO's salary is $315,963 and their total compensation is $350,889):
- Christopher Coleman (President & Ceo)
- Cathy Lawrence (Chief Development Officer)
- Robyn Bipes-Timm (Chief Strategy Officer)
- Joe Khawaja (Cfo)
- Chad Bouley (Cro)
- Shereese Turner (Chief Program Officer)
- Ryan Robinson (Controller)
- Nikki Sorum (Board Chair) [Trustee/Director]
- Sharon Sayles Belton (Board Vice Chair) [Trustee/Director]
- Keiko Sugisaka (Board Secretary) [Trustee/Director]
- Mitch Bleske (Board Treasurer) [Trustee/Director]
- Jeff Bryan (Director)
- Brandon Berg (Director)
- Lou Cristan (Director)
- Laura Crosby (Director)
- Paul Delahunt (Director)
- Lucas Detor (Director)
- Skip Durocher (Director)
- Bill Gould (Director)
- Robert Israel (Director)
- Cole Miller (Director)
- Andy Kroll (Director)
- Rich Mattera (Director)
- Ralph Pace (Director)
- Steve Poppen (Director)
- Laura Reed (Director)
- Piyumi Samaratunga (Director)
- Tony Barranco (Director)
- Michelle Robinson (Director)
- Anne Behrendt (Director)
- Tom Strobel (Director)
- Alicia Belton (Director)
- Paul Sween (Director)
- Eric Skalland (Director)
- Mark Copman (Director)
- Scott Hietpas (Director)
- Nash Shaikh (Director)
- Dean Wahlin (Director)
- Delinda Washington (Director)
Official website here: www.tchabitat.org
Where can I find the form 990 for Twin Cities Habitat For Humanity Inc?
The Twin Cities Habitat For Humanity Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tchabitat.org
Learn more at the official website: www.tchabitat.org
Mission Statement of Twin Cities Habitat For Humanity Inc
Twin Cities Habitat for Humanity, a renowned nonprofit organization, is dedicated to creating, preserving, and promoting affordable homeownership and advancing racial equity in housing. The mission of this esteemed institution is twofold: it brings together individuals and communities to foster affordable homeownership opportunities, while simultaneously addressing the critical issue of racial disparities in housing.
Throughout its operations, Twin Cities Habitat for Humanity implements four major program initiatives. These initiatives not only create and preserve affordable homeownership within the community but also engage the community in the discourse surrounding affordable housing. By collaborating with various stakeholders, the organization effectively addresses the complex challenges associated with affordable homeownership and racial equity.
The first program focuses on building and renovating homes for eligible families, providing them with a stable and affordable living environment. The organization's team of skilled volunteers and construction professionals work tirelessly to ensure that each home is built to the highest standards, ensuring that the families who will call it their own have a safe and secure place to call home.
The second program emphasizes the importance of financial education, providing prospective homeowners with the necessary tools and resources to become successful and self-sufficient homeowners. Through workshops and one-on-one counseling, Twin Cities Habitat for Humanity empowers families to make informed decisions about their finances, fostering a sense of financial stability and independence.
Finally, the organization's advocacy initiatives aim to address the systemic issues that perpetuate racial disparities in housing. By engaging in policy advocacy and community outreach, Twin Cities Habitat for Humanity works to create long-lasting change and ensure that all individuals have access to affordable and equitable housing opportunities.
In summary, Twin Cities Habitat for Humanity is a forward-thinking organization that is committed to making a tangible impact on the lives of families in need. Through its various programs, the organization not only provides affordable housing solutions but also empowers individuals and communities to be part of the solution, fostering a more equitable and inclusive housing landscape.
Impact
This information is meant to be a general summary of Twin Cities Habitat For Humanity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Twin Cities Habitat For Humanity Inc is creating a significant impact by helping low- and moderate-income families in the Twin Cities achieve stable and affordable homeownership. Through one-on-one financial coaching, training courses, post-purchase support, and offering affordable mortgages, the organization ensures that families are set up for long-term success in their homes. With targeted outreach efforts, particularly towards communities of color, Twin Cities Habitat For Humanity is advancing racial equity in housing by providing opportunities for homeownership to families of all backgrounds.
Since 1985, more than 1,600 families have purchased homes with the support of Twin Cities Habitat For Humanity. In the latest fiscal year, 387 families participated in the program, with 89 families achieving homeownership, 84 households graduating from financial coaching, and 129 households completing homebuyer education. The organization's diligent work in preparing families and providing post-purchase support has resulted in an annual foreclosure rate of under 1%, showcasing the long-term stability their programs offer to homeowners.
Through their mission to bring people together to create, preserve, and promote affordable homeownership while advancing racial equity in housing, Twin Cities Habitat For Humanity is making a tangible difference in the community of St Paul, Minnesota.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$10,079,052
IMPUTED MORT INTEREST INC AMORTIZ
Revenue
$2,059,131
Organization Details
Founding Year
1985
Phone
(612) 207-1700
Principal Officer
Christopher Coleman
Main Address
1954 UNIVERSITY AVENUE WEST, ST PAUL, MN, 55104
Website
www.tchabitat.org
NTEE Category
Code: L20 - Housing
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