Overview
What is Rochester Area Habitat For Humanity?
Rochester Area Habitat for Humanity, identified as Two Rivers Habitat for Humanity, is a nonprofit organization based in Rochester, Minnesota. Their primary mission is to construct new homes and conduct essential repairs on existing residences in cooperation with families in need of improved housing across Dodge, Olmsted, Steele, Wabasha, and Waseca counties. By doing so, they aim to foster strength, stability, and self-reliance within the community. In addition to building homes, Two Rivers Habitat for Humanity advocates for housing policies that ensure everyone has access to a decent, affordable, safe, and healthy living space. They have a dedicated team of 18 individuals working towards this cause, contributing to the betterment of their community.
Official website here: www.tworivershabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Rochester Area Habitat For Humanity has received a prestigious Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The charity boasts a perfect score of 100% in these areas, indicating effective practices in governance, transparency, and oversight. This rating suggests that donors can feel confident their contributions are being used efficiently.
The organization has demonstrated exceptional governance with a fully independent board comprising 12 members and no material diversion of assets. It has robust policies in place, including conflict of interest and whistleblower protections, which further enhance its operational integrity. The strong financial health indicated by a liabilities-to-assets ratio of approximately 41% and a program expense ratio of over 86% underscores its dedication to focusing funds on its mission.
While the financial indicators are commendable, stakeholders should consider the organization's ongoing need for sustainable funding to maintain and expand its impact. Overall, Rochester Area Habitat For Humanity stands out as a model nonprofit, with high ratings reflecting its responsible management and dedication to serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rochester Area Habitat For Humanity legitimate?
Rochester Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Area 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:
Executive Compensation: $155,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $490,976
For more financial information, click here
Official website here: www.tworivershabitat.org
What is the mission statement of Rochester Area Habitat For Humanity?
Rochester Area Habitat for Humanity strives to build strength, stability, and self-reliance by providing affordable, safe, and healthy homes. Their mission extends beyond constructing new homes; they also offer critical repairs to existing houses in partnership with families in need, primarily in Dodge, Olmsted, Steele, Wabasha, and Waseca counties. Additionally, the organization advocates for housing policies that enable everyone to have a decent place to live. Essentially, their goal is to create a world where everyone has access to affordable and safe housing.
Official website here: www.tworivershabitat.org
Who is the CEO of Rochester Area Habitat For Humanity?
Patricia Heydon is the Chair of Rochester Area Habitat For Humanity.
Official website here: www.tworivershabitat.org
What is the revenue of Rochester Area Habitat For Humanity?
Rochester Area Habitat For Humanity's revenue in 2022 was $2,382,273.
Official website here: www.tworivershabitat.org
Who are the executives of Rochester Area Habitat For Humanity and what are their salaries?
The average compensation at Rochester Area Habitat For Humanity during 2022 was $35,913. There are 18 employees and 548 volunteers at Rochester Area Habitat For Humanity.
Here are 16 key members and their salaries:
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Official website here: www.tworivershabitat.org
Where can I find the form 990 for Rochester Area Habitat For Humanity?
Rochester Area Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tworivershabitat.org
Learn more at the official website: www.tworivershabitat.org
Mission Statement of Rochester Area Habitat For Humanity
Rochester Area Habitat for Humanity is dedicated to building strength, stability, and self-reliance through shelter. Their mission is to create a world where everyone has an affordable, safe, and healthy home. They achieve this by partnering with families in need of better shelter in Dodge, Olmsted, Steele, Wabasha, and Waseca counties. This nonprofit organization constructs new homes and carries out critical repairs on existing ones to provide improved living conditions. Furthermore, Rochester Area Habitat for Humanity advocates for housing policies that enable everyone to secure a decent place to live. By fulfilling this mission, the organization contributes to the betterment of individuals and communities, promoting a more equitable and stable living environment.
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Impact
July, 2024
Rochester Area Habitat For Humanity builds strength, stability, and self-reliance through shelter. Two Rivers Habitat for Humanity, based in Rochester, MN, constructs new homes and provides critical repairs to existing homes in partnership with families in need of better shelter throughout Dodge, Olmsted, Steele, Wabasha, and Waseca counties. They also advocate for housing policies that enable everyone to have a decent place to live. Their mission is to create a world where everyone has an affordable, safe, and healthy home.
This information is meant to be a general summary of Rochester Area 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 2022.
- Investment Income: $5,753
- Program Service Revenue: $765,077
- Gross Receipts: $2,411,125
Assets and Liabilities:
- Total Assets: $4,670,366
- Total Liabilities: $2,011,593
- Net Assets: $2,658,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOMES
Revenue
$544,173
DISCOUNTS ON MORTGAGES
Revenue
$200,793
HOME REPAIR INCOME
Revenue
$20,111
Organization Details
Founding Year
1990
Phone
(507) 252-0849Principal Officer
Patricia Heydon
Main Address
1530 GREENVIEW DR SW 107, ROCHESTER, MN, 55902
Website
www.tworivershabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Rochester Area Habitat For Humanity 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.