Overview
What is Richmond Metro Habitat For Humanity?
Richmond Metro Habitat for Humanity is a nonprofit organization situated in Richmond, Virginia, specifically at 2281 DABNEY ROAD A. Their primary mission is to offer quality housing opportunities to individuals with lower incomes. This is accomplished through a combination of pre- and post-purchase education, volunteer service, and affordable mortgage options. The organization adheres to all fair housing laws. Their work extends beyond just building homes; they aim to foster community and hope by bringing people together in this process. With a workforce of 61 individuals, they strive to make a significant impact in the Richmond area.
Official website here: www.richmondhabitat.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 97% (Four-Star out of Four Stars )**ar Rating)**
Richmond Metro Habitat For Humanity has achieved an impressive 97% score on Charity Navigator, indicating strong accountability and financial health. This high rating is based entirely on their financial metrics, showcasing full marks across various criteria, such as an independent board and efficient program expense ratio. The organization demonstrates transparency and responsibility in managing its resources.
Strengths of the organization include complete independence among board members and effective oversight mechanisms, significantly contributing to their overall score. Additionally, there are no reported issues regarding asset diversion, which enhances confidence in their financial integrity. However, it is worth noting that areas such as Leadership & Adaptability and Impact & Measurement have not been scored, which may suggest potential gaps in assessing broader organizational effectiveness.
User reviews from GreatNonprofits could not be fetched, leaving a gap in public sentiment analysis based on individual experiences with the nonprofit. Despite this, the high rating on Charity Navigator strongly suggests a reputable organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Metro Habitat For Humanity legitimate?
Richmond Metro Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Metro Habitat For Humanity 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: $138,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,249,394
For more financial information, click here
Official website here: www.richmondhabitat.org
What is the mission statement of Richmond Metro Habitat For Humanity?
Richmond Metro Habitat for Humanity's mission is centered around uniting individuals to construct homes, foster communities, and instill hope. The organization's primary focus is to provide decent housing opportunities for individuals with lower income levels, enabling them to purchase homes through educational programs, volunteer work, and affordable mortgage options. Richmond Metro Habitat for Humanity adheres to fair housing laws in its operations.
Official website here: www.richmondhabitat.org
Who is the CEO of Richmond Metro Habitat For Humanity?
Madelyn M Peay is the Secretary of Richmond Metro Habitat For Humanity. The CEO's salary of Richmond Metro Habitat For Humanity is $0 and their total compensation is $0.
Official website here: www.richmondhabitat.org
What is the revenue of Richmond Metro Habitat For Humanity?
Richmond Metro Habitat For Humanity's revenue in 2023 was $7,408,897.
Official website here: www.richmondhabitat.org
Who are the executives of Richmond Metro Habitat For Humanity and what are their salaries?
The average compensation at Richmond Metro Habitat For Humanity during 2023 was $39,138. There are 61 employees and 2386 volunteers at Richmond Metro Habitat For Humanity.
Here are 24 key members and their salaries (Richmond Metro Habitat For Humanity's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.richmondhabitat.org
Where can I find the form 990 for Richmond Metro Habitat For Humanity?
Richmond Metro Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.richmondhabitat.org
Learn more at the official website: www.richmondhabitat.org
Mission Statement of Richmond Metro Habitat For Humanity
Richmond Metro Habitat for Humanity is committed to fostering unity and bringing about positive change in communities and individuals' lives. Their mission lies in providing affordable housing solutions to individuals with lower income levels who aspire to own homes. This is achieved through a multi-faceted approach that involves offering pre- and post-purchase education, encouraging volunteer service, and providing affordable mortgage options. The organization adheres to fair housing laws, ensuring that its services are accessible to all eligible individuals without discrimination. By carrying out this mission, Richmond Metro Habitat for Humanity plays a significant role in uplifting communities and providing hope to those in need of decent, affordable housing.
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Impact
July, 2024
Richmond Metro Habitat For Humanity brings people together to build homes, communities, and hope by providing quality housing to those with lower incomes who have the ability to purchase homes. Through pre- and post-purchase education, volunteer service, and affordable mortgages, the organization allows individuals and families to achieve homeownership. Their impact is seen in the transformation of neighborhoods, the increase in homeownership rates among low-income individuals, and the sense of hope and stability they bring to communities in Richmond, VA.
This information is meant to be a general summary of Richmond Metro Habitat For Humanity. 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: $100,410
- Program Service Revenue: $1,873,642
- Gross Receipts: $7,516,329
Assets and Liabilities:
- Total Assets: $16,005,401
- Total Liabilities: $3,837,300
- Net Assets: $12,168,101
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFERS TO HOMEOWNER
Revenue
$1,462,425
MORTGAGE DISCOUNT AMOR
Revenue
$344,689
MISCELLANEOUS PROGRAM
Revenue
$66,528
Organization Details
Founding Year
1986
Phone
(804) 232-7001Principal Officer
Madelyn M Peay
Main Address
2281 DABNEY ROAD A, RICHMOND, VA, 23230
Website
www.richmondhabitat.orgNTEE Category
Code: L20Z - Housing
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