Overview
What is Habitat For Humanity In The Roanoke Valley?
Habitat for Humanity in the Roanoke Valley is a dedicated nonprofit organization based in Roanoke, Virginia. Their primary mission is to offer affordable housing solutions to low-income families, working in collaboration with the community. They accomplish this goal by constructing, restoring, or recycling houses and selling them at an affordable price. This is done through no-interest or zero-equivalent loans, ensuring that eligible families can secure a home without undue financial burden. In the 2021-2022 period, they successfully completed ten such projects, contributing to a total of 282 homes that have been built, restored, or renovated since their inception. With a team of 30 dedicated employees, Habitat for Humanity in the Roanoke Valley continues its mission to enhance housing opportunities for deserving families in the area.
Official website here: www.habitat-roanoke.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98%, Four-Star out of Four Star rating
Habitat For Humanity In The Roanoke Valley has achieved an impressive 98% rating, reflecting a strong commitment to accountability and finance, evidenced by a perfect score of 100 in this area. The organization demonstrates robust governance practices, including a fully independent board and comprehensive financial oversight measures. Their effective management ensures that a significant majority of their expenses (91.97%) are directed towards programs that fulfill their mission.
In addition to financial integrity, the organization also scores well on cultural and community engagement, earning a score of 79. This indicates a positive environment and strategies in place to promote equity within their operations. While this score is commendable, it suggests there may be room for growth in enhancing community relations and inclusivity.
Overall, Habitat For Humanity In The Roanoke Valley is recognized for its strong fiscal health and governance, making it a trustworthy organization for donors and supporters. However, further development in community engagement strategies could enhance its impact and effectiveness in serving the local population.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity In The Roanoke Valley legitimate?
Habitat For Humanity In The Roanoke Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity In The Roanoke Valley 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: $105,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $670,898
For more financial information, click here
Official website here: www.habitat-roanoke.org
What is the mission statement of Habitat For Humanity In The Roanoke Valley?
Habitat For Humanity In The Roanoke Valley's mission is centered around providing affordable housing solutions. The organization collaborates with the local community to construct or renovate homes and sell them to eligible families at an affordable cost, utilizing no-interest or zero equivalency loans. Their primary objective is to make housing accessible for qualified families, having built or renovated 282 homes so far, including 10 in the recent 2021-22 period.
Official website here: www.habitat-roanoke.org
Who is the CEO of Habitat For Humanity In The Roanoke Valley?
Karen Mason is the Executive Dir. of Habitat For Humanity In The Roanoke Valley.
Official website here: www.habitat-roanoke.org
What is the revenue of Habitat For Humanity In The Roanoke Valley?
Habitat For Humanity In The Roanoke Valley's revenue in 2022 was $3,667,366.
Official website here: www.habitat-roanoke.org
Who are the executives of Habitat For Humanity In The Roanoke Valley and what are their salaries?
The average compensation at Habitat For Humanity In The Roanoke Valley during 2022 was $25,881. There are 30 employees and 3195 volunteers at Habitat For Humanity In The Roanoke Valley.
Here are 15 key members and their salaries:
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Official website here: www.habitat-roanoke.org
Where can I find the form 990 for Habitat For Humanity In The Roanoke Valley?
Habitat For Humanity In The Roanoke Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitat-roanoke.org
Learn more at the official website: www.habitat-roanoke.org
Mission Statement of Habitat For Humanity In The Roanoke Valley
Habitat for Humanity in the Roanoke Valley is committed to providing affordable housing opportunities for qualified families in partnership with the local community. They achieve this mission by constructing, rehabilitating, or recycling houses and selling them at cost, either with no-interest loans or loans with equivalent zero percent interest rates. In the 2021-2022 period, they utilized their resources to build, renovate, or recycle ten such homes for low-income families. Since its inception, the organization has successfully completed the construction, renovation, or rehabilitation of 282 houses, providing much-needed housing solutions to numerous families. By engaging with the community and offering affordable housing, Habitat for Humanity in the Roanoke Valley contributes to creating stable living environments and fostering strong, supportive communities.
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Impact
July, 2024
Habitat For Humanity In The Roanoke Valley's impact can be seen in the tangible difference it makes in the lives of low-income families. By building, rehabilitating, and recycling homes, the organization has provided affordable housing opportunities for qualified families in the Roanoke area. In 2021-22 alone, funds were used to create ten homes, contributing to a total of 282 houses built, recycled, or rehabbed to date. This direct action aligns with the organization's mission to partner with the community and offer housing solutions that come with a no-interest or zero-equivalency loan, ensuring that families can have a stable and secure place to call home.
This information is meant to be a general summary of Habitat For Humanity In The Roanoke Valley. 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: $58,643
- Program Service Revenue: $1,259,391
- Gross Receipts: $4,984,393
Assets and Liabilities:
- Total Assets: $10,548,366
- Total Liabilities: $2,924,059
- Net Assets: $7,624,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME OWNERS LATE FEES
Revenue
$1,062
MORTGAGE DISCOUNT AMORT
Revenue
$262,114
SALE OF HOUSES
Revenue
$996,215
Organization Details
Founding Year
1986
Phone
(540) 344-0747Principal Officer
Karen Mason
Main Address
3435 MELROSE AVENUE, ROANOKE, VA, 24017
Website
www.habitat-roanoke.orgNTEE Category
Code: L20 - Housing
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