Overview
What is Greater Fredericksburg Habitat For Humanity?
Greater Fredericksburg Habitat for Humanity is a nonprofit organization based in Fredericksburg, Virginia. Their primary mission is to put God's love into action by constructing homes, fostering communities, and instilling hope. By selling donated and surplus building materials at reduced costs through their retail store, they offer opportunities for Habitat families to fulfill volunteer hours, recycle surplus materials, and engage the public in volunteering. Adhering to a strict non-proselytizing policy, Greater Fredericksburg Habitat for Humanity does not require individuals to adhere to or convert to a specific faith as a condition for assistance. With a workforce of 32 employees, they strive to provide decent living spaces for everyone.
Official website here: www.fredhab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star Rating.
Greater Fredericksburg Habitat For Humanity has demonstrated a solid performance in accountability and finance, earning an overall score of 89%. The charity's strengths lie in its high scores for leadership and adaptability, as well as a strong culture and community engagement. Notably, the organization boasts a 100% independent board and has received full points in several governance categories, indicating strong oversight and ethical practices.
Financially, the organization maintains a high program expense ratio of 83.80%, which suggests that a significant portion of its funds is directed towards its mission-related activities. The charity has effectively implemented policies for conflict of interest, whistleblower protection, and document retention, which further highlight its commitment to transparency and accountability.
While the organization has performed admirably in most areas, potential supporters should consider the relative weight of its lower scores in leadership and adaptability compared to its other strengths. Nonetheless, the overall indicators suggest that Greater Fredericksburg Habitat For Humanity is a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Fredericksburg Habitat For Humanity legitimate?
Greater Fredericksburg Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Fredericksburg 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: $167,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $544,576
For more financial information, click here
Official website here: www.fredhab.org
What is the mission statement of Greater Fredericksburg Habitat For Humanity?
Greater Fredericksburg Habitat for Humanity is committed to putting God's love into action by bringing people together to build homes, communities, and hope. Their mission is to contribute towards a world where everyone has a decent place to live. The organization strictly adheres to a non-proselytizing policy, ensuring that they do not offer assistance on the expressed or implied condition that individuals must adhere to or convert to a specific faith. Instead, they focus on providing housing solutions without any religious requirements or expectations.
Official website here: www.fredhab.org
What is the revenue of Greater Fredericksburg Habitat For Humanity?
Greater Fredericksburg Habitat For Humanity's revenue in 2024 was $1,181,496.
Official website here: www.fredhab.org
Who are the executives of Greater Fredericksburg Habitat For Humanity and what are their salaries?
The average compensation at Greater Fredericksburg Habitat For Humanity during 2024 was $22,972. There are 31 employees and 215 volunteers at Greater Fredericksburg Habitat For Humanity.
Here are 13 key members and their salaries:
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- Compensation: $73,775
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- Other: $2,568
Official website here: www.fredhab.org
Where can I find the form 990 for Greater Fredericksburg Habitat For Humanity?
Greater Fredericksburg Habitat For Humanity's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fredhab.org
Learn more at the official website: www.fredhab.org
Mission Statement of Greater Fredericksburg Habitat For Humanity
Greater Fredericksburg Habitat for Humanity is a non-profit organization that is committed to embodying compassion and action, aiming to construct homes, communities, and a sense of hope. Their mission is deeply rooted in the belief that everyone deserves a decent living space. This organization adheres to a strict non-proselytizing policy, ensuring that assistance is provided without any condition for faith conversion. Greater Fredericksburg Habitat for Humanity brings together individuals, fostering unity and cooperation, to realize a vision of a world where everyone has access to a suitable living environment.
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Impact
July, 2024
Greater Fredericksburg Habitat For Humanity's impact can be seen in the tangible difference it makes in the lives of individuals and families who are able to achieve the dream of affordable homeownership. By bringing people together to build homes, communities, and hope, this organization is actively working towards a world where everyone has a decent place to live. Through its programs like the retail ReStore, Greater Fredericksburg Habitat For Humanity not only provides affordable building materials but also opportunities for volunteer engagement and fundraising to support its home-building mission. By adhering to a strict non-proselytizing policy, the organization ensures that its assistance is offered without any conditions related to faith, allowing it to serve a diverse range of individuals in need of stable housing.
This information is meant to be a general summary of Greater Fredericksburg 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 2024.
- Investment Income: $16,234
- Program Service Revenue: $11,769
- Gross Receipts: $2,178,675
Assets and Liabilities:
- Total Assets: $3,586,813
- Total Liabilities: $2,404,618
- Net Assets: $1,182,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE AMORTIZATION
Revenue
$11,769
Organization Details
Founding Year
1995
Principal Officer
Cynthia Avallone
Website
www.fredhab.orgNTEE Category
Code: L25 - Housing
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