Overview
What is Hba Charitable & Educational Foundation?
The Hba Charitable & Educational Foundation, situated in Bingham Farms, Michigan, is a nonprofit organization committed to enhancing and improving housing opportunities for all individuals in the southeastern area of the state. They strive to combat community deterioration by educating and informing the general public and professionals within the construction and property management industry about issues affecting housing availability. Their mission also includes engaging in various charitable, educational, and scientific activities as determined by their board of trustees, all in an effort to contribute positively to the general welfare of their community.
Official website here: www.builders.org/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Hba Charitable & Educational Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved an overall score based entirely on its single beacon score, indicating a robust commitment to transparency and responsible governance. With an impressive 88% of its board members being independent, it demonstrates effective oversight and adherence to best practices.
Strengths of the organization include a high program expense ratio of 98.35%, which suggests that the majority of its expenditures are directed towards its charitable programs rather than administrative costs. Furthermore, it has established comprehensive policies, including conflict of interest and whistleblower protections, which contribute to its integrity and operational effectiveness. Additional positive indicators include no material diversion of assets and a low liabilities to assets ratio of 2.46%.
While the rating highlights numerous strengths, there is no mention of specific program outcomes or impact metrics, which would provide a clearer picture of the organization's effectiveness in achieving its mission. Overall, the Hba Charitable & Educational Foundation stands out for its financial health and governance practices, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hba Charitable & Educational Foundation legitimate?
Hba Charitable & Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hba Charitable & Educational Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.builders.org/foundation/
What is the mission statement of Hba Charitable & Educational Foundation?
The Hba Charitable & Educational Foundation is committed to promoting and improving housing opportunities for all individuals, combating community deterioration, and educating the general public and members of the construction and property management industry on issues affecting housing availability. Their goal is to enhance and improve the general welfare in the southeastern area of a specific state. The foundation also engages in additional charitable, educational, and scientific activities as per the requirements of Section 501 (C) (3) of the Code, as determined by their board of trustees from time to time.
Official website here: www.builders.org/foundation/
Who is the CEO of Hba Charitable & Educational Foundation?
Forrest Wall is the President of Hba Charitable & Educational Foundation.
Official website here: www.builders.org/foundation/
What is the revenue of Hba Charitable & Educational Foundation?
Hba Charitable & Educational Foundation's revenue in 2022 was $34,609.
Official website here: www.builders.org/foundation/
Who are the executives of Hba Charitable & Educational Foundation and what are their salaries?
There 15 volunteers at Hba Charitable & Educational Foundation.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $68,322
- Other: $10,695
- Compensation: $0
- Related: $126,923
- Other: $5,118
Official website here: www.builders.org/foundation/
Where can I find the form 990 for Hba Charitable & Educational Foundation?
Hba Charitable & Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.builders.org/foundation/
Learn more at the official website: www.builders.org/foundation/
Mission Statement of Hba Charitable & Educational Foundation
The Hba Charitable & Educational Foundation is an organization dedicated to enhancing and improving the general welfare of the southeastern area of Michigan. Their primary mission is to promote and facilitate the availability of housing opportunities for all individuals, combat community deterioration, and educate the public and members of the construction and property management industry about issues affecting housing opportunities. By engaging in charitable, educational, and scientific activities, as determined by their board of trustees, they aim to contribute to the betterment of their community. The foundation's activities are aligned with Section 501 (C) (3) of the Code and are designed to ensure that housing opportunities are accessible and that community deterioration is minimized.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Hba Charitable & Educational Foundation's impact is centered around promoting and enhancing housing opportunities for all individuals, combating community deterioration, and educating the public and industry professionals on housing-related issues. By engaging in charitable, educational, and scientific activities within the Southeastern area of Michigan, the foundation works to improve the general welfare of the community. Through their efforts, they aim to create a positive impact on the availability of housing opportunities and contribute to the overall betterment of the region.
This information is meant to be a general summary of Hba Charitable & Educational Foundation. 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: $2,185
- Gross Receipts: $34,609
Assets and Liabilities:
- Total Assets: $485,943
- Total Liabilities: $12,000
- Net Assets: $473,943
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1992
Phone
(248) 737-4477Principal Officer
Forrest Wall
Main Address
30400 TELEGRAPH RD SUITE 202, BINGHAM FARMS, MI, 48025
Website
www.builders.org/foundation/NTEE Category
Code: L20Z - Housing
If you are a representative of Hba Charitable & Educational Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.