Overview
What is Greater Des Moines Habitat For Humanity Inc?
Greater Des Moines Habitat for Humanity is a Des Moines-based nonprofit organization dedicated to building and maintaining affordable homes for low-income families. Through community partnerships and volunteer efforts, they facilitate home ownership, neighborhood revitalization, and offer financial and homebuyer education. Their initiatives served 33 families through homeownership, 150 families through financial counseling and education, and 246 families through home preservation (repairs), collectively benefiting 429 families in total. By adhering to a strict non-proselytizing policy, they aim to create a decent living environment for everyone, regardless of faith. With a team of 115 employees, they strive to realize their vision of a world where everyone has access to a decent home.
Official website here: www.gdmhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Greater Des Moines Habitat For Humanity Inc has achieved a perfect score of 100% on Charity Navigator, reflecting exceptional performance and transparency. The organization excels in Accountability & Finance with a score of 74%, primarily due to its strong independent board composition and robust financial oversight practices. Key indicators such as a 100% independent board and an impressive program expense ratio of 89.90% highlight its commitment to effective resource management.
The nonprofit's high Culture & Community score of 97 indicates a strong emphasis on fostering a positive organizational culture and community engagement. The organization is dedicated to leadership development, evidenced by initiatives like the "Great Boss" program, which underscores its commitment to nurturing talent and adaptability within its workforce.
Despite its high overall ratings, the Leadership & Adaptability score is somewhat lower, suggesting potential areas for growth in these specific categories. However, the organization's proactive shift to a Mortgage Ready model demonstrates its willingness to adapt to changing circumstances, ultimately improving accessibility for applicants. Overall, Greater Des Moines Habitat For Humanity Inc stands out for its strong governance, financial health, and community focus.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Des Moines Habitat For Humanity Inc legitimate?
Greater Des Moines Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Des Moines 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: $336,883
Professional Fundraising Fees: $58,028
Other Salaries and Wages: $4,457,237
For more financial information, click here
Official website here: www.gdmhabitat.org
What is the mission statement of Greater Des Moines Habitat For Humanity Inc?
Greater Des Moines Habitat for Humanity Inc is dedicated to constructing simple and decent homes in partnership with the community, strengthening families and revitalizing neighborhoods. Adhering to a strict non-proselytizing policy, they bring individuals together, fostering a sense of belonging and hope, realizing the vision of a world where everyone has access to a decent place to live. Through their charitable works, they put God's love into action, transforming lives and strengthening communities.
Official website here: www.gdmhabitat.org
Who is the CEO of Greater Des Moines Habitat For Humanity Inc?
Lance Henning is the Chief Executive Officer of Greater Des Moines Habitat For Humanity Inc. The CEO's salary of Greater Des Moines Habitat For Humanity Inc is $179,002 and their total compensation is $197,578.
Official website here: www.gdmhabitat.org
What is the revenue of Greater Des Moines Habitat For Humanity Inc?
Greater Des Moines Habitat For Humanity Inc's revenue in 2023 was $24,171,530.
Official website here: www.gdmhabitat.org
Who are the executives of Greater Des Moines Habitat For Humanity Inc and what are their salaries?
The average compensation at Greater Des Moines Habitat For Humanity Inc during 2023 was $41,688. There are 115 employees and 13199 volunteers at Greater Des Moines Habitat For Humanity Inc.
Here are 28 key members and their salaries (Greater Des Moines Habitat For Humanity Inc's CEO's salary is $179,002 and their total compensation is $197,578):
- Compensation: $179,002
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- Other: $18,576
- Compensation: $114,211
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- Other: $3,426
- Compensation: $114,019
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- Other: $13,474
- Compensation: $111,146
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- Other: $3,197
- Compensation: $105,744
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Official website here: www.gdmhabitat.org
Where can I find the form 990 for Greater Des Moines Habitat For Humanity Inc?
Greater Des Moines Habitat For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gdmhabitat.org
Learn more at the official website: www.gdmhabitat.org
Mission Statement of Greater Des Moines Habitat For Humanity Inc
Greater Des Moines Habitat for Humanity, a faith-based organization, works in collaboration with the community and a higher power to construct simple, decent homes that strengthen families and revitalize neighborhoods. By offering homeownership opportunities, this nonprofit aims to put God's love into action and bring people together to build more than just houses – they are committed to creating vibrant communities and instilling hope for a world where everyone has access to a decent place to live.
Adhering to a strict non-proselytizing policy, Greater Des Moines Habitat for Humanity provides equal opportunities for individuals in need, regardless of their religious beliefs. Through their homebuilding program, they strive to make a lasting impact on families and neighborhoods, transforming lives and fostering a sense of stability and self-reliance.
By combining hard work, resources, and dedication, Greater Des Moines Habitat for Humanity empowers families to take the first step towards owning a home, a crucial step towards securing their future and building a stable life. In doing so, they create not just homes, but safe and nurturing environments where families can thrive, and communities can come together to support one another.
Greater Des Moines Habitat for Humanity's unwavering commitment to their mission is reflected in their tireless efforts to construct decent homes and provide opportunities for families. Their work reaches far beyond the physical act of building homes, as they foster a sense of unity and hope, sparking positive change and strengthening the bonds within their community.
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Impact
October, 2024
Greater Des Moines Habitat for Humanity Inc has made a significant impact on the lives of families and the community in Des Moines, Iowa. By partnering with local residents and organizations, it builds simple, decent homes that not only provide shelter but also strengthen families and transform neighborhoods through home ownership.
The organization has successfully supported 33 families in achieving home ownership, while also assisting an additional 150 families through essential financial counseling and education. Furthermore, it has contributed to the preservation of homes for 246 families, resulting in a total of 429 families served. This comprehensive approach addresses the urgent need for affordable housing, the promotion of financial literacy, and the maintenance of existing homes within the community.
In addition to constructing homes, Greater Des Moines Habitat for Humanity offers access to tools and discounted materials, repurposes building materials, and delivers education that empowers families on their journey to homeownership. By focusing on community engagement and support, the organization fosters a sense of belonging and hope, ultimately realizing its vision of a world where everyone has a decent place to live.
This information is meant to be a general summary of Greater Des Moines 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 2023.
- Investment Income: $97,914
- Program Service Revenue: $7,971,664
- Gross Receipts: $27,346,592
Assets and Liabilities:
- Total Assets: $34,562,708
- Total Liabilities: $8,212,042
- Net Assets: $26,350,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFER TO HOMEOWNERSS
Revenue
$4,048,355
RESTORE REVENUE
Revenue
$2,996,490
INTEREST INCOME- MORT
Revenue
$729,907
OTHER INCOME
Revenue
$185,545
LATE FEE INCOME
Revenue
$11,367
Organization Details
Founding Year
1986
Phone
(515) 471-8686Principal Officer
Lance Henning
Main Address
95 UNIVERSITY AVENUE 1, DES MOINES, IA, 50314
Website
www.gdmhabitat.orgNTEE Category
Code: L20Z - Housing
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