Overview
What is Greater Charlottesville Habitat For Humanity Inc?
Greater Charlottesville Habitat for Humanity is a nonprofit organization based in Charlottesville, Virginia. They specialize in creating significant housing impact through three primary lines of business: building, rebuilding, and housing system development. In the building realm, they partner with low-income families, enabling them to improve their financial situations before constructing and selling homes at affordable prices. These homes come with a zero-interest, 30-year mortgage. The most productive Habitat affiliate of its size in the country, Charlottesville Habitat, aims to deliver 40 homes annually. The organization also develops mixed-income communities, offering lots for Habitat homes and market-rate homes, which provide a cross-subsidy. They utilized over 9,000 volunteers in the construction of 37 homes this year. In the rebuilding realm, Greater Charlottesville Habitat focuses on the wholesale redevelopment of the Southwood Mobile Home Park, transforming it into a national-model mixed-income, mixed-use community, all while ensuring no resident displacement. They began home building operations at Southwood and initiated a significant increase in rehabilitation and critical home repair work in Louisa and Greene Counties. In housing system development work, they collaborate with multiple organizations to address local housing poverty. This year's achievements include the promotion of a new affordable housing plan in Charlottesville, the establishment of a dedicated housing fund in Albemarle County, and the beginning of construction and redevelopment of public housing and Section 8 supported rental stock using the resident-led planning method pioneered at Southwood. Greater Charlottesville Habitat for Humanity's mission is to bring people together to build homes and communities, providing safe, decent, and affordable housing. They are an affiliate of Habitat for Humanity International, a global network working to end global housing poverty.
Official website here: www.cvillehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Greater Charlottesville Habitat For Humanity Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. With a score of 95 in Accountability & Finance and a perfect score of 100 in Leadership & Adaptability, the organization demonstrates a robust commitment to ethical governance and effective resource management, ensuring that donations are utilized efficiently.
The organization shows a strong independent governance structure, with 92% of its board members being independent. Additionally, the charity excels in transparency, as evidenced by its comprehensive policies, including conflict of interest and whistleblower protections. Its financial health is notable, with a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its resources directly supports its mission.
While the ratings reflect a strong operational framework, it is essential for potential donors and volunteers to consider ongoing community impact and engagement activities. Nevertheless, the organization’s commitment to transparency and effective leadership positions it as a trustworthy option for those looking to support affordable housing initiatives in the Greater Charlottesville area.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Charlottesville Habitat For Humanity Inc legitimate?
Greater Charlottesville Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Charlottesville Habitat For Humanity 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: $295,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,259,525
For more financial information, click here
Official website here: www.cvillehabitat.org
What is the mission statement of Greater Charlottesville Habitat For Humanity Inc?
Greater Charlottesville Habitat for Humanity Inc is a local affiliate of Habitat for Humanity International, working to build and rebuild homes and communities in collaboration with volunteers and partners. Their mission is to bring together people to provide safe, decent, and affordable housing solutions. Through their efforts, they catalyze new pathways to housing for many individuals and families. Their ultimate goal is to create a community where everyone can find a decent place to live. By engaging in this work, they aim to make a positive impact on housing poverty, both locally and on a global scale.
Official website here: www.cvillehabitat.org
Who is the CEO of Greater Charlottesville Habitat For Humanity Inc?
Dan Rosensweig is the Chair of Greater Charlottesville Habitat For Humanity Inc. The CEO's salary of Greater Charlottesville Habitat For Humanity Inc is $153,106 and their total compensation is $157,447.
Official website here: www.cvillehabitat.org
What is the revenue of Greater Charlottesville Habitat For Humanity Inc?
Greater Charlottesville Habitat For Humanity Inc's revenue in 2022 was $16,550,354.
Official website here: www.cvillehabitat.org
Who are the executives of Greater Charlottesville Habitat For Humanity Inc and what are their salaries?
The average compensation at Greater Charlottesville Habitat For Humanity Inc during 2022 was $34,060. There are 75 employees and 9221 volunteers at Greater Charlottesville Habitat For Humanity Inc.
Here are 20 key members and their salaries (Greater Charlottesville Habitat For Humanity Inc's CEO's salary is $153,106 and their total compensation is $157,447):
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Official website here: www.cvillehabitat.org
Where can I find the form 990 for Greater Charlottesville Habitat For Humanity Inc?
Greater Charlottesville Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvillehabitat.org
Learn more at the official website: www.cvillehabitat.org
Mission Statement of Greater Charlottesville Habitat For Humanity Inc
Greater Charlottesville Habitat for Humanity, a local affiliate of Habitat for Humanity International, is on a mission to bring people together to build and rebuild homes and communities. Their ultimate goal is to provide safe, decent, and affordable housing for all. The organization's vision extends beyond just constructing homes; they aim to catalyze new pathways to adequate shelter.
In the heart of their endeavors, Greater Charlottesville Habitat for Humanity fosters collaboration between individuals to achieve a common goal. By building homes, they not only provide a physical shelter but also create a sense of community that nurtures and empowers its residents. The organization's commitment to affordable housing is unwavering, and they believe that everyone deserves a decent place to live.
Greater Charlottesville Habitat for Humanity's efforts go beyond just constructing homes. They are dedicated to making a lasting impact on their communities. Their work is rooted in a global network, collaborating with Habitat for Humanity International to end housing poverty around the world. Through their commitment to affordable housing, they aim to strengthen their local communities and contribute to a greater Charlottesville where everyone has access to a decent place to call home.
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Impact
October, 2024
Greater Charlottesville Habitat For Humanity Inc. plays a pivotal role in addressing housing challenges and fostering community development in the region. By bringing people together, the organization facilitates the construction of homes and neighborhoods that are safe, decent, and affordable for low-income families.
In its building initiatives, the organization collaborates with low-income families to enhance their financial stability and enables them to build their own homes through sweat equity. The result is a sustainable housing solution where families can purchase homes at prices they can afford, supported by a zero-interest 30-year mortgage that greatly reduces their monthly expenses. This model not only empowers families but also strengthens the overall community fabric by creating diverse, mixed-income neighborhoods.
Throughout the past year, Greater Charlottesville Habitat has channeled the efforts of over 9,000 volunteers to work on 37 homes across six mixed-income neighborhoods, demonstrating a commitment to community involvement and collaboration.
In its rebuilding efforts, the organization focuses on the comprehensive redevelopment of the Southwood Mobile Home Park, transforming it into a national model for mixed-income and mixed-use communities without displacing current residents. The initiative provides a pathway to develop as many as 1,000 homes while improving living conditions in the area. Alongside this, the organization is increasing rehabilitation and critical home repair work in nearby counties, aiming to assist at least 20 families per year in maintaining their homes.
Furthermore, Greater Charlottesville Habitat is active in housing system development, partnering with various organizations to address the root causes of local housing poverty. This year, successes include promoting a new affordable housing plan in Charlottesville, establishing a dedicated housing fund in Albemarle County, disbursing emergency rent relief during the pandemic, and initiating the redevelopment of public housing and Section 8 rental stock, all guided by resident-led planning methods pioneered at Southwood.
Through these diverse efforts, Greater Charlottesville Habitat for Humanity is not only transforming individual lives but also driving systemic change in the housing landscape, striving for a community where everyone has access to a decent place to live.
This information is meant to be a general summary of Greater Charlottesville Habitat For Humanity 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 2022.
- Investment Income: $14,454
- Program Service Revenue: $2,287,642
- Gross Receipts: $19,481,336
Assets and Liabilities:
- Total Assets: $40,599,071
- Total Liabilities: $17,624,014
- Net Assets: $22,975,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOMES
Revenue
$2,287,642
Organization Details
Founding Year
1991
Phone
(434) 293-9066Principal Officer
Dan Rosensweig
Main Address
967 2ND ST SE, CHARLOTTESVILLE, VA, 22902
Website
www.cvillehabitat.orgNTEE Category
Code: L20 - Housing
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