Overview
What is Habitat For Humanity Of The Chesapeake Inc?
Habitat for Humanity of the Chesapeake Inc, based in Baltimore, Maryland, is a dedicated nonprofit organization. Their primary mission is to construct and renovate safe, affordable homes in partnership with low-income families and individuals in their service area, which encompasses Anne Arundel County, Baltimore City, Baltimore County, and Howard County. This is achieved through a combination of volunteer labor and the contribution of 250 hours of "sweat equity" from future homebuyers. The organization also employs a clustered development strategy to strengthen local communities and sells homes with no-interest mortgage loans. Habitat for Humanity of the Chesapeake Inc has aided over 793 families in homeownership since its inception in 1982. Their goal is to bring people together, fostering a sense of community and hope by constructing homes. With a team of 110 dedicated employees, the organization continues to make a substantial impact in the lives of its community members.
Official website here: www.habitatchesapeake.org
What are the reviews and ratings of this charity?
**Habitat For Humanity Of The Chesapeake Inc**
**Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)**
Habitat For Humanity Of The Chesapeake Inc has achieved a commendable 99% score, earning a Four-Star rating from Charity Navigator. This high score reflects strong accountability and financial management, particularly highlighted by a perfect score of 100% in their most recent fiscal year. The organization boasts a fully independent board and excellent practices related to financial oversight, transparency, and policies addressing conflicts of interest.
The organization has demonstrated a solid commitment to community engagement as evidenced by their 91% Culture & Community score. They actively collect and utilize constituent feedback, ensuring that they are responsive to the needs of the communities they serve. With a significant program expense ratio of nearly 80%, Habitat for Humanity prioritizes direct program support in their operations.
While overall data is positive, it's worth noting that the leadership and adaptability score is currently not available due to a lack of data. This absence suggests an area for potential growth, as continuous improvement in leadership efficacy is vital for long-term sustainability and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of The Chesapeake Inc legitimate?
Habitat For Humanity Of The Chesapeake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of The Chesapeake 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: $361,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,090,534
For more financial information, click here
Official website here: www.habitatchesapeake.org
What is the mission statement of Habitat For Humanity Of The Chesapeake Inc?
Habitat for Humanity of The Chesapeake Inc's mission is centered around bringing people together to construct homes, foster communities, and instill hope. This organization aims to collaborate with low-income families and individuals in specific areas, including Anne Arundel County, Baltimore City, Baltimore County, and Howard County, to renovate or build safe, decent, and affordable houses. The process involves volunteer labor and a 250-hour contribution of "sweat equity" from future homebuyers. Additionally, Habitat for Humanity of The Chesapeake Inc employs a clustered development strategy to strengthen communities, and houses are sold with no-interest mortgage loans. Since its inception in 1982, more than 793 families have successfully purchased homes through this initiative.
Official website here: www.habitatchesapeake.org
Who is the CEO of Habitat For Humanity Of The Chesapeake Inc?
Candice Van Scoy is the Chair of Habitat For Humanity Of The Chesapeake Inc. The CEO's salary of Habitat For Humanity Of The Chesapeake Inc is $176,403 and their total compensation is $200,801.
Official website here: www.habitatchesapeake.org
What is the revenue of Habitat For Humanity Of The Chesapeake Inc?
Habitat For Humanity Of The Chesapeake Inc's revenue in 2023 was $9,552,156.
Official website here: www.habitatchesapeake.org
Who are the executives of Habitat For Humanity Of The Chesapeake Inc and what are their salaries?
The average compensation at Habitat For Humanity Of The Chesapeake Inc during 2023 was $31,386. There are 110 employees and 1387 volunteers at Habitat For Humanity Of The Chesapeake Inc.
Here are 30 key members and their salaries (Habitat For Humanity Of The Chesapeake Inc's CEO's salary is $176,403 and their total compensation is $200,801):
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Official website here: www.habitatchesapeake.org
Where can I find the form 990 for Habitat For Humanity Of The Chesapeake Inc?
Habitat For Humanity Of The Chesapeake Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatchesapeake.org
Learn more at the official website: www.habitatchesapeake.org
Mission Statement of Habitat For Humanity Of The Chesapeake Inc
Habitat for Humanity of the Chesapeake Inc is committed to uniting individuals and fostering a sense of community through the construction of safe, affordable homes. Their mission is to collaborate with low-income families and individuals in their service area, which encompasses Anne Arundel County, Baltimore City, Baltimore County, and Howard County. By combining volunteer labor and the sweat equity contributions of future homeowners, who contribute 250 hours of work, Habitat for Humanity of the Chesapeake Inc builds or renovates houses that are both decent and affordable. This organization also employs a clustered development strategy, which not only provides homes but also strengthens neighboring communities. Upon completion, these houses are sold to eligible families at no interest, providing them with a solid foundation for their future. Since its inception in 1982, Habitat for Humanity of the Chesapeake Inc has assisted over 793 families in securing their new homes.
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Impact
July, 2024
Habitat For Humanity Of The Chesapeake Inc's impact is significant in providing safe, decent, and affordable homes to low-income families and individuals in Anne Arundel County, Baltimore City, Baltimore County, and Howard County. Through their renovation and construction projects, they bring people together to build not just homes, but also communities and hope. By utilizing volunteer labor and requiring future homeowners to contribute "sweat equity," Habitat For Humanity fosters a sense of ownership and community involvement.
Since 1982, more than 793 families have been able to purchase homes through Habitat For Humanity Of The Chesapeake Inc. This not only addresses the immediate need for affordable housing but also empowers families to build a better future for themselves. Additionally, their no-interest mortgage loans make homeownership more accessible to those who may not qualify for traditional financing.
Through their clustered development strategy, Habitat For Humanity strengthens communities and fosters a sense of belonging among residents. By providing stable housing situations, they contribute to the overall well-being and stability of the areas they serve.
In summary, Habitat For Humanity Of The Chesapeake Inc's impact is profound, as they are not just providing houses but also transforming lives and building a stronger sense of community in the regions they serve.
This information is meant to be a general summary of Habitat For Humanity Of The Chesapeake 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: -$31,006
- Program Service Revenue: $1,786,279
- Gross Receipts: $9,919,843
Assets and Liabilities:
- Total Assets: $25,759,576
- Total Liabilities: $11,052,777
- Net Assets: $14,706,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$1,513,000
AMORT OF MORTGAGE DISCOUNTS
Revenue
$273,279
Organization Details
Founding Year
1982
Phone
(410) 366-1250Principal Officer
Candice Van Scoy
Main Address
3741 COMMERCE DRIVE 309, BALTIMORE, MD, 21227
Website
www.habitatchesapeake.orgNTEE Category
Code: L20 - Housing
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