Overview
What is Habitat For Humanity Of Frederick County Md?
Habitat for Humanity of Frederick County Md is a nonprofit organization dedicated to putting God's love into action. Their mission is to build homes, communities, and hope, partnering with local individuals and families in need of affordable housing. They achieve this by constructing new homes, purchasing renovated homes through the Frederick County Affordable Housing Land Trust, or making necessary repairs to existing homes. The organization also operates a Habitat Restore, where thousands of tons of usable building materials, household goods, and furniture are donated, keeping these items out of landfills and generating funds to support their operations. With a team of 22 employees, Habitat for Humanity of Frederick County Md aims to provide decent living spaces for those in need, contributing to the strength, stability, and self-reliance of the community.
Official website here: www.frederickhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Habitat for Humanity of Frederick County MD has achieved an impressive 97% rating, reflecting a strong commitment to accountability and finance. The organization's high scores in various categories indicate robust governance, including a fully independent board and comprehensive financial oversight. These elements suggest that the charity is well-managed and prioritizes transparency in its operations.
The nonprofit excels in several areas, such as having a majority of independent board members and maintaining an effective audit and oversight committee. Notable policies, including conflict of interest and whistleblower protections, are in place, demonstrating a commitment to ethical practices. Additionally, the organization has a commendable program expense ratio of 70.11%, indicating that a significant portion of its funds directly supports its mission.
While the organization maintains a solid liability-to-asset ratio of 54.43%, there is room for improvement in this area, as it received slightly lower marks in that category. Overall, the strong ratings suggest that Habitat for Humanity of Frederick County MD is a reliable choice for donors looking to support a nonprofit with a proven track record of accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Frederick County Md legitimate?
Habitat For Humanity Of Frederick County Md is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Frederick County Md 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: $154,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,441
For more financial information, click here
Official website here: www.frederickhabitat.org
What is the mission statement of Habitat For Humanity Of Frederick County Md?
Habitat for Humanity in Frederick County aims to embodied God's love through action, bringing people together to construct homes, communities, and hope. This mission is instrumental in partnering with individuals and families in need, providing them with the strength, stability, and self-reliance that stem from affordable home ownership. The organization collaborates with these local citizens to build new homes, purchase renovated homes through the county's affordable housing land trust, or make necessary repairs to their current residences. It is firmly believed by Habitat for Humanity that everyone deserves a decent place to live.
Official website here: www.frederickhabitat.org
Who is the CEO of Habitat For Humanity Of Frederick County Md?
Bruce Zavos is the President of Habitat For Humanity Of Frederick County Md.
Official website here: www.frederickhabitat.org
What is the revenue of Habitat For Humanity Of Frederick County Md?
Habitat For Humanity Of Frederick County Md's revenue in 2022 was $1,760,433.
Official website here: www.frederickhabitat.org
Who are the executives of Habitat For Humanity Of Frederick County Md and what are their salaries?
The average compensation at Habitat For Humanity Of Frederick County Md during 2022 was $33,595. There are 22 employees and 196 volunteers at Habitat For Humanity Of Frederick County Md.
Here are 19 key members and their salaries:
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Official website here: www.frederickhabitat.org
Where can I find the form 990 for Habitat For Humanity Of Frederick County Md?
Habitat For Humanity Of Frederick County Md's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frederickhabitat.org
Learn more at the official website: www.frederickhabitat.org
Mission Statement of Habitat For Humanity Of Frederick County Md
Habitat for Humanity of Frederick County Md, driven by its mission to put God's love into action, works tirelessly to bring people together and construct homes, communities, and hope. This mission translates into partnerships with individuals and families in need, providing them with the strength, stability, and self-reliance that stem from affordable home ownership. The organization accomplishes this by partnering with local citizens to build new homes, purchase newly renovated homes through the Frederick County Affordable Housing Land Trust, or make necessary repairs to their current residences. This commitment to providing decent living spaces for all is a testament to Habitat for Humanity of Frederick County Md's belief that everyone deserves a place to call home.
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Impact
July, 2024
Habitat For Humanity Of Frederick County Md's impact is substantial in the community. By partnering with individuals and families in need of affordable homeownership, the organization brings people together to build homes, communities, and hope. Through initiatives such as building new homes, purchasing renovated homes, and making necessary repairs to existing homes, Habitat For Humanity of Frederick County, MD is able to provide strength, stability, and self-reliance to those in need. Additionally, the Habitat ReStore plays a crucial role in recycling and selling donated building materials, household goods, and furniture, generating proceeds that support the organization's operations and enable more homes to be built, renovated, and repaired for local citizens. The organization's belief that everyone deserves a decent place to live drives its impactful mission in Frederick, MD.
This information is meant to be a general summary of Habitat For Humanity Of Frederick County Md. 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: $482
- Program Service Revenue: $21,933
- Gross Receipts: $2,652,464
Assets and Liabilities:
- Total Assets: $2,229,820
- Total Liabilities: $301,445
- Net Assets: $1,928,375
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT
Revenue
$14,983
PROGRAM INCOME
Revenue
$4,375
LAND TRUST FEE INCOME
Revenue
$2,575
Organization Details
Founding Year
1993
Phone
(301) 698-2449Principal Officer
Bruce Zavos
Main Address
24 S WISNER STREET SUITE 130, FREDERICK, MD, 21701
Website
www.frederickhabitat.orgNTEE Category
Code: L20 - Housing
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