Overview
What is Habitat For Humanity International?
Habitat for Humanity International, operating under the name Lancaster Northumberland Habitat, is a dedicated nonprofit organization based in Kilmarnock, Virginia. Their mission is centered around building strong communities by constructing affordable homes for deserving families, breaking the cycle of poverty, and fostering stronger futures. They work in partnership with individuals, providing 0% loans to help families in Lancaster and Northumberland Counties realize their dream of homeownership. Habitat for Humanity's activities primarily involve constructing houses, which are then sold at no profit and with no-interest mortgages. The organization's operations are supported by a workforce of just two dedicated individuals.
Official website here: www.lnhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating.
Habitat For Humanity International demonstrates a solid performance in governance practices, with independent board members and a lack of asset diversion. However, the organization faces challenges in transparency, notably lacking a whistleblower policy, document retention, and availability of tax forms on its website. These shortcomings affect its overall score in accountability and finance.
Despite these concerns, Habitat For Humanity maintains a strong commitment to its mission of providing affordable housing solutions. The organization invests significantly in its programs, though its program expense ratio indicates room for improvement. Stakeholders are encouraged to advocate for enhanced transparency to bolster trust and ensure effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International legitimate?
Habitat For Humanity International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International 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:
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Other Salaries and Wages: $14,203
For more financial information, click here
Official website here: www.lnhabitat.org
What is the mission statement of Habitat For Humanity International?
Habitat for Humanity International's mission is to work collaboratively in various communities by constructing simple, affordable homes for deserving families, with the aim of breaking the cycle of poverty and fostering stronger futures. This organization operates on a no-profit loan basis, providing homes at no interest to eligible families. By doing so, Habitat for Humanity International contributes to building stronger communities and creating sustainable living conditions.
Official website here: www.lnhabitat.org
Who is the CEO of Habitat For Humanity International?
Eddy Whichard is the Director of Habitat For Humanity International.
Official website here: www.lnhabitat.org
What is the revenue of Habitat For Humanity International?
Habitat For Humanity International's revenue in 2022 was $164,362.
Official website here: www.lnhabitat.org
Who are the executives of Habitat For Humanity International and what are their salaries?
The average compensation at Habitat For Humanity International during 2022 was $7,102. There are 2 employees and 48 volunteers at Habitat For Humanity International.
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Official website here: www.lnhabitat.org
Where can I find the form 990 for Habitat For Humanity International?
Habitat For Humanity International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lnhabitat.org
Learn more at the official website: www.lnhabitat.org
Mission Statement of Habitat For Humanity International
Habitat for Humanity International is committed to making a significant impact in communities by working in partnership to build stronger communities. Their mission is centered around constructing simple, affordable homes for deserving families, offering them 0% loans. This initiative aims to break the cycle of poverty and lay the foundation for brighter futures. The organization's approach is collaborative, involving local people in the process of housing construction. Once completed, these homes are sold to the partner families at no profit, with no-interest mortgages. This not only provides families with a secure place to live but also empowers them to take control of their lives and strive towards a more stable future. Habitat for Humanity International's mission is a testament to their dedication to creating positive change in communities by addressing the fundamental need for affordable housing.
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Impact
October, 2024
Habitat for Humanity International makes a significant impact by creating stronger communities through the construction of simple, affordable homes. By partnering with deserving families, the organization offers homes that are sold at no profit and come with 0% interest loans. This approach not only alleviates the financial burden of homeownership but also actively works to break the cycle of poverty.
In Lancaster and Northumberland Counties, Habitat for Humanity’s efforts focus on building affordable housing that empowers families with stability and security. These homes provide a foundation for future success, allowing families to invest in their education, health, and overall well-being. The program emphasizes collaboration and community engagement, ensuring that the families involved have a hand in the building process and create lasting bonds with their neighbors.
The financial model of offering homes without profit or interest further strengthens the community by reallocating resources that can be used for additional community development. As families thrive in their new homes, the ripple effects contribute to improved local economies and foster a sense of pride and ownership. Ultimately, Habitat for Humanity's commitment to affordable housing not only transforms individual lives but also cultivates resilient, vibrant communities.
This information is meant to be a general summary of Habitat For Humanity International. 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: $21,001
- Program Service Revenue: $27,178
- Gross Receipts: $204,517
Assets and Liabilities:
- Total Assets: $998,696
- Total Liabilities: $12,060
- Net Assets: $986,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
N/R DISCOUNT AMORTIZATION
Revenue
$27,178
Organization Details
Founding Year
1996
Principal Officer
Eddy Whichard
Main Address
POST OFFICE BOX 908, KILMARNOCK, VA, 22482
Website
www.lnhabitat.orgNTEE Category
Code: L20 - Housing
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