Overview
What is Habitat For Humanity Chicago?
Habitat for Humanity Chicago is a nonprofit organization committed to providing decent housing solutions. With a belief in everyone's right to a suitable living space, they invest in neighborhood improvements, construct quality homes, and support sustainable homeownership. Their mission, rooted in faith, aims to bring people together to build homes, communities, and hope, adhering to a strict non-proselytizing policy. Through their long-term homeownership program, they served over six families during FY 2022, utilizing volunteer labor, efficient building methods, donated materials, and no-profit loans to keep housing costs affordable for low-income families. By offering decent homes, Habitat for Humanity Chicago helps foster stability, self-reliance, and confidence, ultimately contributing to the overall well-being and growth of families.
Official website here: www.habitatchicago.org
What are the reviews and ratings of this charity?
**Habitat For Humanity Chicago: Rating 92% (Four-Star out of Four Stars)**
Habitat For Humanity Chicago has achieved a commendable Four-Star rating from Charity Navigator with a score of 92%, reflecting strong accountability and financial health. The organization has a fully independent board, ensuring transparency and effective governance. Its financial practices have been highly praised, with no material diversion of assets and an excellent score in audits and oversight.
The non-profit's successful program expense ratio of 78.01% indicates a well-directed focus on mission-related activities rather than administrative costs. The fundraising efficiency further demonstrates its ability to effectively generate resources, making it a reliable partner in community building efforts.
As of now, no user reviews from GreatNonprofits are available for further insights into public sentiment regarding their experiences with Habitat For Humanity Chicago. However, the strong financial indicators suggest a robust operational foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Chicago legitimate?
Habitat For Humanity Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Chicago 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: $134,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,504,405
For more financial information, click here
Official website here: www.habitatchicago.org
What is the mission statement of Habitat For Humanity Chicago?
Habitat for Humanity Chicago's mission is centered around promoting decency in living conditions. They strive to create healthy neighborhoods by prioritizing local needs, constructing high-quality homes, and supporting homeownership. In alignment with Habitat for Humanity's global vision, the Chicago chapter aims to put faith into action by bringing people together to build homes, foster communities, and cultivate hope, adhering to a strict non-proselytizing policy. The organization's mission is to contribute towards a world where everyone has access to a decent place to live.
Official website here: www.habitatchicago.org
Who is the CEO of Habitat For Humanity Chicago?
Jennifer Parks is the Executive Director of Habitat For Humanity Chicago.
Official website here: www.habitatchicago.org
What is the revenue of Habitat For Humanity Chicago?
Habitat For Humanity Chicago's revenue in 2022 was $10,032,345.
Official website here: www.habitatchicago.org
Who are the executives of Habitat For Humanity Chicago and what are their salaries?
The average compensation at Habitat For Humanity Chicago during 2022 was $28,752. There are 57 employees and 5736 volunteers at Habitat For Humanity Chicago.
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Official website here: www.habitatchicago.org
Where can I find the form 990 for Habitat For Humanity Chicago?
Habitat For Humanity Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatchicago.org
Learn more at the official website: www.habitatchicago.org
Mission Statement of Habitat For Humanity Chicago
Habitat for Humanity Chicago, driven by the belief that everyone deserves a decent living space, is committed to fostering healthy neighborhoods. The organization achieves this by investing in the priorities of its residents, constructing high-quality homes, and supporting homeownership. Adhering to a strict non-proselytizing policy, Habitat for Humanity Chicago brings people together to build not just homes, but also communities and hope, ultimately working towards realizing a world where everyone has access to a decent place to live. The organization's mission is rooted in putting God's love into action, and it operates under the guiding principle of not offering assistance on the condition that individuals convert to a specific faith or engage with faith-based messaging designed to induce conversion.
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Impact
July, 2024
Habitat for Humanity Chicago's impact is significant in building healthy neighborhoods and supporting affordable homeownership for families in need. By providing safe and affordable homes through their homeownership program, Habitat for Humanity Chicago empowers low-income buyers to achieve stability, self-reliance, and confidence. Their focus on modestly sized homes, efficient building methods, volunteer labor, donated materials, and no-profit loans ensures that families can afford and maintain their homes, leading to improved living conditions and opportunities for growth.
During fiscal year 2022, Habitat Chicago served more than 6 families through its long-term homeownership program, positively impacting these families' lives and contributing to the overall community development in Chicago. Through their efforts, Habitat for Humanity Chicago is fulfilling its mission of bringing people together to build homes, communities, and hope, ultimately working towards a world where everyone has a decent place to live.
This information is meant to be a general summary of Habitat For Humanity Chicago. 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: $2,051
- Program Service Revenue: $2,586,349
- Gross Receipts: $10,076,047
Assets and Liabilities:
- Total Assets: $9,944,113
- Total Liabilities: $3,731,025
- Net Assets: $6,213,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Home Sales
Revenue
$944,835
MORTGAGE INT AMORTIZATION
Revenue
$116,465
ReStore Sales
Revenue
$1,525,049
Organization Details
Founding Year
2002
Phone
(312) 563-0296Principal Officer
Jennifer Parks
Main Address
1100 W CERMAK RD 404, CHICAGO, IL, 60608
Website
www.habitatchicago.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Chicago 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.