Overview
What is Habitat For Humanity Peninsula And Greater Williamsburg?
Habitat for Humanity Peninsula and Greater Williamsburg is a nonprofit organization, established in 1985, dedicated to addressing poverty and homelessness on a global scale. Affiliated with Habitat for Humanity International, its mission is to promote decent shelter as a fundamental human right. Operating in various Virginia areas, such as Newport News, Hampton, Williamsburg, and others, the nonprofit constructs and sells homes with the help of low-income families. The homes are sold at no profit, financed through affordable, interest-free loans, with homeowners contributing their labor in return. The proceeds from these sales fund the construction of additional homes and the organization's operations. Habitat for Humanity Peninsula and Greater Williamsburg's work is primarily funded through volunteer labor and donations of money and materials. As of June 2023, they had completed and sold six homes, with 30 more under construction, and the expenses related to these projects totaling $1,223,729, which is capitalized on the balance sheet and not included in the reported expenses.
Official website here: www.habitatpgw.org
What are the reviews and ratings of this charity?
**Habitat For Humanity Peninsula And Greater Williamsburg**
**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**
Habitat For Humanity Peninsula And Greater Williamsburg has achieved an impressive 96% rating from Charity Navigator, highlighting their commitment to accountability and financial transparency. With a full score in both the Accountability & Finance and Leadership & Adaptability categories, this organization demonstrates effective governance and prudent management of resources, having no material diversions of assets and fully independent board members.
The organization focuses on eliminating poverty and homelessness by building affordable homes and providing community repair programs. Their strategic goals, including expanding affordable housing options and promoting safety improvements, reflect a strong mission-oriented approach dedicated to serving lower-income families. Investment in staff leadership development indicates a solid framework for ongoing growth and adaptability, essential in meeting community needs effectively, especially in light of changing circumstances like the COVID pandemic.
Unfortunately, user reviews from GreatNonprofits are not available, which limits insight into personal experiences with the organization. However, the robust ratings and clear mission suggest that Habitat For Humanity Peninsula And Greater Williamsburg is a reputable nonprofit committed to making a positive impact in their community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Peninsula And Greater Williamsburg legitimate?
Habitat For Humanity Peninsula And Greater Williamsburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Peninsula And Greater Williamsburg 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,746,779
For more financial information, click here
Official website here: www.habitatpgw.org
What is the mission statement of Habitat For Humanity Peninsula And Greater Williamsburg?
Habitat for Humanity Peninsula and Greater Williamsburg, as a nonprofit organization affiliated with Habitat for Humanity International, was established with a mission to combat poverty and homelessness worldwide. They aim to make decent shelter a priority and consider it a moral obligation. Through volunteer labor and donations of money and materials, they construct simple yet decent houses in partnership with low-income families. These houses are sold to the families at no profit, funded by affordable, interest-free loans. The homeowners' monthly mortgage payments contribute to building more homes and maintaining the organization's operations. Moreover, each homeowner family invests hundreds of hours of their own labor into the construction process.
Official website here: www.habitatpgw.org
Who is the CEO of Habitat For Humanity Peninsula And Greater Williamsburg?
Janet V Green is the President of Habitat For Humanity Peninsula And Greater Williamsburg. The CEO's salary of Habitat For Humanity Peninsula And Greater Williamsburg is $194,401 and their total compensation is $194,401.
Official website here: www.habitatpgw.org
What is the revenue of Habitat For Humanity Peninsula And Greater Williamsburg?
Habitat For Humanity Peninsula And Greater Williamsburg's revenue in 2023 was $8,089,823.
Official website here: www.habitatpgw.org
Who are the executives of Habitat For Humanity Peninsula And Greater Williamsburg and what are their salaries?
The average compensation at Habitat For Humanity Peninsula And Greater Williamsburg during 2023 was $31,223. There are 120 employees and 4000 volunteers at Habitat For Humanity Peninsula And Greater Williamsburg.
Here are 24 key members and their salaries (Habitat For Humanity Peninsula And Greater Williamsburg's CEO's salary is $194,401 and their total compensation is $194,401):
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- Compensation: $194,401
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Official website here: www.habitatpgw.org
Where can I find the form 990 for Habitat For Humanity Peninsula And Greater Williamsburg?
Habitat For Humanity Peninsula And Greater Williamsburg's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatpgw.org
Learn more at the official website: www.habitatpgw.org
Mission Statement of Habitat For Humanity Peninsula And Greater Williamsburg
Habitat for Humanity Peninsula and Greater Williamsburg, established in October 1985, is a nonprofit, ecumenical housing ministry affiliated with Habitat for Humanity International, Inc. This organization's mission is rooted in the desire to eliminate poverty and homelessness worldwide, and to make decent shelter a matter of conscience and action. The organization achieves its goals by harnessing the power of volunteer labor and monetary and material donations. They collaborate with low-income homeowner families to construct simple, decent houses. These houses are sold to partner families at no profit, financed through affordable, interest-free loans. The monthly mortgage payments made by the homeowners contribute to funding additional houses and the operation of Habitat for Humanity Peninsula and Greater Williamsburg. In addition to the monthly mortgage payment, each homeowner family invests hundreds of hours of their own labor into the construction of their new home. This unique model of homebuilding empowers families to improve their living conditions while also contributing to the broader mission of eradicating poverty and homelessness.
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Impact
July, 2024
Habitat For Humanity Peninsula And Greater Williamsburg's impact includes the completion and sale of 6 houses during the fiscal year ending June 2023, with an additional 30 houses under construction at that time. The organization focuses its efforts on areas in Virginia such as Newport News, Hampton, Williamsburg, James City County, York County, New Kent, and Charles City.
Through volunteer labor and donations, Habitat builds simple, decent houses with the help of low-income homeowner families. These houses are sold to partner families at no profit and financed with affordable, no-interest loans. The monthly mortgage payments made by the homeowners go towards funding more houses and the operations of Habitat. Each homeowner family also invests hundreds of hours of their own labor into the construction process.
Overall, Habitat For Humanity Peninsula And Greater Williamsburg's work contributes to the goal of eliminating poverty and homelessness, making decent shelter a matter of conscience and action. Their impact extends beyond providing housing by also offering financial and credit education as well as home repairs and maintenance services.
This information is meant to be a general summary of Habitat For Humanity Peninsula And Greater Williamsburg. 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: $104,676
- Program Service Revenue: $1,132,959
- Gross Receipts: $12,731,846
Assets and Liabilities:
- Total Assets: $11,726,277
- Total Liabilities: $2,546,858
- Net Assets: $9,179,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOUSES
Revenue
$867,771
MORTGAGE DISCOUNT AMORTIZATIO
Revenue
$255,912
HOMEOWNER APPLICATION INCOME
Revenue
$9,276
Organization Details
Phone
(757) 596-5553Principal Officer
Janet V Green
Main Address
11011 WARWICK BLVD, NEWPORT NEWS, VA, 23601
Website
www.habitatpgw.orgNTEE Category
Code: L200 - Housing
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