Overview
What is Milwaukee Habitat For Humanity Inc?
Milwaukee Habitat for Humanity Inc is a nonprofit organization dedicated to constructing and providing affordable homes for families in need, based in Milwaukee, Wisconsin. They prioritize modest-sized houses that are large enough for the family's requirements while keeping construction and maintenance costs affordable. By utilizing volunteer labor and efficient building methods, they keep house sizes small, use donated materials and appliances, and issue no-profit loans, making their houses accessible for low-income families. This affordable homeownership not only fosters health and safety for families but also encourages self-reliance and confidence. In fiscal year 2022, Milwaukee Habitat for Humanity helped more than 69 people through its long-term homeownership program, bringing God's love into action and creating stable and thriving communities. The organization strictly adheres to a non-proselytizing policy and does not require individuals to convert to a specific faith as a condition for assistance.
Official website here: www.milwaukeehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator rates Milwaukee Habitat For Humanity Inc with a score of 95%, awarding it a Four-Star out of Four Star rating. This high score reflects the organization's strong performance in both accountability and finance, where it achieved a score of 96. The organization has a robust program expense ratio of 91.20%, indicating that a significant portion of its expenses goes directly to its programs, and it boasts a strong majority of 100% independent board members.
The nonprofit also excels in key governance areas, as evidenced by its perfect scores in financial oversight and feedback practices. The existence of policies for conflicts of interest, whistleblowing, and document retention further demonstrates a commitment to transparency and ethical management. However, while the organization has solid equity strategies with a score of 85, there is room for improvement in its equity data and policies.
Despite these strengths, it’s important to note that Milwaukee Habitat For Humanity may face challenges in fully addressing equity metrics, as reflected in its scores for equity data and policies. The organization has opportunities to enhance its equity strategies further, ensuring that it not only meets operational goals but also promotes inclusivity and equitable practices within its framework. Overall, Milwaukee Habitat For Humanity Inc is well-regarded for its financial health and governance but has areas to focus on for continued growth in equity initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Habitat For Humanity Inc legitimate?
Milwaukee Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee 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: $258,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,629,206
For more financial information, click here
Official website here: www.milwaukeehabitat.org
What is the mission statement of Milwaukee Habitat For Humanity Inc?
Milwaukee Habitat for Humanity is a non-profit organization dedicated to making a difference by building homes and creating communities. Through their actions, they aim to bring people together and instill hope, all while maintaining a strict non-proselytizing policy. Adhering to this principle, they construct affordable homes for individuals and families in need, transforming lives and communities in the process. By realizing this vision of a world where everyone has a decent place to live, Milwaukee Habitat for Humanity continues to put God's love into action, with the ultimate goal of creating lasting, stable housing solutions.
Official website here: www.milwaukeehabitat.org
Who is the CEO of Milwaukee Habitat For Humanity Inc?
Brian Sonderman is the President of Milwaukee Habitat For Humanity Inc.
Official website here: www.milwaukeehabitat.org
What is the revenue of Milwaukee Habitat For Humanity Inc?
Milwaukee Habitat For Humanity Inc's revenue in 2022 was $20,382,762.
Official website here: www.milwaukeehabitat.org
Who are the executives of Milwaukee Habitat For Humanity Inc and what are their salaries?
The average compensation at Milwaukee Habitat For Humanity Inc during 2022 was $29,467. There are 98 employees and 2177 volunteers at Milwaukee Habitat For Humanity Inc.
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Official website here: www.milwaukeehabitat.org
Where can I find the form 990 for Milwaukee Habitat For Humanity Inc?
Milwaukee Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milwaukeehabitat.org
Learn more at the official website: www.milwaukeehabitat.org
Mission Statement of Milwaukee Habitat For Humanity Inc
Milwaukee Habitat for Humanity, a renowned nonprofit organization, is committed to putting God's love into action by bringing together individuals to build homes, communities, and hope. This mission stems from a vision to realize a world where everyone has access to a decent place to live. The organization's work extends beyond construction, as it fosters a sense of unity and optimism within the communities it serves.
Milwaukee Habitat for Humanity's unwavering dedication to its cause is reflected in its meticulous approach to building homes. Adhering to a strict non-proselytizing policy, the organization does not mandate that individuals adopt a specific faith in order to receive assistance. Instead, it welcomes people from all walks of life to join hands and contribute to creating a better future for themselves and their families. By providing a decent place to live, this nonprofit organization offers an opportunity for families to thrive and build a solid foundation for their future.
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Impact
October, 2024
Milwaukee Habitat for Humanity significantly impacts the community by facilitating affordable homeownership for families in need. Through its innovative approach, families collaborate with volunteers to build modest yet safe homes, which helps reduce construction and maintenance costs. This model not only makes homeownership attainable but also promotes stability, self-reliance, and confidence among families.
The organization creates conditions that empower families, enabling them to escape the cycle of instability and stress. Studies highlight that strong, stable households contribute positively to child development, fostering an environment where children can thrive. Homeownership further allows families to save for the future, pursue educational opportunities, and enhance their job prospects.
In fiscal year 2022 alone, Milwaukee Habitat for Humanity assisted over 69 individuals through its long-term homeownership program, demonstrating a direct commitment to building homes, communities, and hope. This initiative plays a crucial role in transforming lives and enhancing the overall fabric of the Milwaukee community.
This information is meant to be a general summary of Milwaukee 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 2022.
- Investment Income: -$31,762
- Program Service Revenue: $6,577,472
- Gross Receipts: $20,971,668
Assets and Liabilities:
- Total Assets: $24,987,795
- Total Liabilities: $3,889,142
- Net Assets: $21,098,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$3,055,427
RESTORE SALES
Revenue
$2,858,748
MORTGAGE AMORTIZATION
Revenue
$433,611
HOME REPAIR
Revenue
$229,686
Organization Details
Founding Year
1984
Phone
(414) 562-6100Principal Officer
Brian Sonderman
Main Address
3726 NORTH BOOTH STREET, MILWAUKEE, WI, 53212
Website
www.milwaukeehabitat.orgNTEE Category
Code: L20Z - Housing
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