Habitat For Humanity Of Dane County Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391592769 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Habitat For Humanity Of Dane County Inc?

Habitat for Humanity of Dane County Inc is a nonprofit organization that has been serving the community for 35 years. Their primary mission is to provide affordable housing solutions for families in need. By leveraging volunteer labor, efficient building methods, donated materials, and low-interest loans, they construct modest-sized homes that are both affordable and suitable for the families. This initiative not only helps families escape poverty and instability but also fosters self-reliance and confidence. Studies show that stable housing is essential for child development and growth. Since its inception, Habitat for Humanity of Dane County has built and sold homes to 328 low-income families, with plans to construct 11 more in the coming year. The organization operates under a non-proselytizing policy, ensuring that no religious conditions are attached to the assistance provided. With a workforce of 50 dedicated individuals, Habitat for Humanity of Dane County continues to make a significant impact in the lives of families in need.


Official website here: www.habitatdane.org

What are the reviews and ratings of this charity?

**Habitat For Humanity Of Dane County Inc - Charity Navigator Rating: 89% (Three-Star out of Four Stars)**

Habitat for Humanity of Dane County maintains a respectable Three-Star rating from Charity Navigator, underscoring its accountability and finance management. The organization exhibits strong financial practices, with an excellent program expense ratio of nearly 90%, ensuring that the majority of funds are directed toward impactful programs. Its independent board and robust oversight policies contribute to its overall accountability, making it a trustworthy charity for potential donors.

While the organization showcases strengths in fiscal responsibility and community engagement, some areas need improvement, particularly in fundraising efficiency. The relatively lower score in this area suggests potential challenges in attracting donations compared to industry standards. Nevertheless, their high scores in culture and community indicate a successful approach to fostering relationships with constituents and implementing feedback into their operations.

User feedback from GreatNonprofits is not available; hence, further insights from direct beneficiaries or volunteers are not present. However, the available evaluation reflects a well-managed organization with a commitment to accountability, although more information could enhance understanding of challenges it may face in fundraising initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Habitat For Humanity Of Dane County Inc legitimate?

Habitat For Humanity Of Dane County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Dane County 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: $210,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,404,454

For more financial information, click here


Official website here: www.habitatdane.org

What is the mission statement of Habitat For Humanity Of Dane County Inc?

Habitat for Humanity of Dane County's mission is centered around constructing affordable, simple, and decent homes for families with moderate to low income. Guided by the belief in putting God's love into action, this organization brings people together to build not just homes, but also communities and hope. Their mission aligns with the vision of a world where everyone has access to a decent living space, free from any religious proselytization. Adhering to a strict non-proselytizing policy, Habitat for Humanity of Dane County provides housing assistance without requiring recipients to adhere to or convert to a specific faith.


Official website here: www.habitatdane.org

Who is the CEO of Habitat For Humanity Of Dane County Inc?

Valerie J Renk is the Chair of Habitat For Humanity Of Dane County Inc. The CEO's salary of Habitat For Humanity Of Dane County Inc is $119,608 and their total compensation is $123,860.


Official website here: www.habitatdane.org

What is the revenue of Habitat For Humanity Of Dane County Inc?

Habitat For Humanity Of Dane County Inc's revenue in 2022 was $8,401,610.


Official website here: www.habitatdane.org

Who are the executives of Habitat For Humanity Of Dane County Inc and what are their salaries?

The average compensation at Habitat For Humanity Of Dane County Inc during 2022 was $32,290. There are 50 employees and 1661 volunteers at Habitat For Humanity Of Dane County Inc.


Here are 16 key members and their salaries (Habitat For Humanity Of Dane County Inc's CEO's salary is $119,608 and their total compensation is $123,860):


Amy Cralam (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dorn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Platz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Reiter (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Raschein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miranda Weber (Hyp Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Yuen (Campus Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kingsley Gobourne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Kalscheur (Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Kane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linn Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Smith-Wilkie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wiegand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie J Renk (Ceo/Staff Liason)
  • Compensation: $119,608
  • Related: $0
  • Other: $4,252
Steve Hanrahan (Chief Operating Officer)
  • Compensation: $87,333
  • Related: $0
  • Other: $3,094


Official website here: www.habitatdane.org

Where can I find the form 990 for Habitat For Humanity Of Dane County Inc?

Habitat For Humanity Of Dane County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.habitatdane.org

Learn more at the official website: www.habitatdane.org

Mission Statement of Habitat For Humanity Of Dane County Inc

Habitat for Humanity of Dane County Inc is dedicated to making a difference in the lives of low-to-moderate income families by constructing affordable, simple, and decent homes for them. This nonprofit organization, adhering to a strict non-proselytizing policy, seeks to put God's love into action. By bringing people together to build homes, communities, and hope, Habitat for Humanity of Dane County aims to realize its vision of a world where everyone has a decent place to live. The organization is committed to its mission without imposing any religious beliefs or requiring individuals to convert to a specific faith. It is a testament to the power of community, unity, and the desire to provide a better living situation for those in need.

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Impact




July, 2024

Habitat For Humanity Of Dane County Inc's impact is significant as it builds affordable, simple, and decent homes for low-to-moderate income families. Over the past 35 years, the organization has worked with families in need to construct safe and affordable homes through partnerships. These homes are modestly sized to meet the needs of the homeowner families while also keeping construction and maintenance costs affordable. By utilizing volunteer and prospective homeowner labor, efficient building methods, donated materials, and offering zero percent or below market rate loans, Habitat ensures that its houses are within reach for low-income families to purchase.

Affordable homeownership facilitated by Habitat creates stability, reduces stress, and fosters self-reliance and confidence in families. Research shows that a stable household environment is crucial for child development. When a home promotes health and safety, families can thrive. Moreover, owning an affordable home enables families to save for the future, invest in education, and improve job opportunities and career growth.

Habitat For Humanity Of Dane County has positively impacted 328 working, low-income families by providing them with affordable housing opportunities. The organization's commitment to its mission to bring people together to build homes, communities, and hope reflects in its efforts to realize a world where everyone has a decent place to live. Habitat For Humanity Of Dane County operates with a non-proselytizing policy, ensuring assistance is offered without any conditions related to religion.




This information is meant to be a general summary of Habitat For Humanity Of Dane County 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.

Revenue
$8,401,610 (2022)
Expenses
$8,305,765 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $47,910
  • Program Service Revenue: $3,942,925
  • Gross Receipts: $10,559,826

Assets and Liabilities:

  • Total Assets: $16,210,690
  • Total Liabilities: $6,216,916
  • Net Assets: $9,993,774

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMPLETED HOME SALES

Revenue

$3,538,625

MORTGAGE LOAN DISCOUNT AMORTIZATI

Revenue

$347,175

OTHER PROGRAM SERVICES

Revenue

$57,125

Organization Details

Founding Year

1987

Principal Officer

Valerie J Renk

Main Address

PO BOX 44189, MADISON, WI, 53744

NTEE Category

Code: L20 - Housing

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