Overview
What is Blue Ridge Habitat For Humanity Inc?
Blue Ridge Habitat for Humanity Inc., based in Winchester, Virginia, is a nonprofit organization dedicated to providing affordable housing solutions to low-income families. Adhering to a non-proselytizing policy, the organization works to construct decent homes and foster community growth, all while upholding a vision of a world where everyone has access to a suitable living space. The organization follows a fair market value approach to home pricing, capping mortgage payments at 28% of gross annual income to ensure affordability. By leveraging donations and grants, Blue Ridge Habitat for Humanity makes it possible for families in need to secure homeownership, even in challenging market conditions. Since its establishment in 1997, the organization has served 85 families, constructing and managing over $1.5 million in projects, including seven ongoing homes in Winchester and Strasburg, Virginia. During the 2022 fiscal year, three families became homeowners, and three new homes were built.
Official website here: www.blueridgehabitat.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Blue Ridge Habitat For Humanity Inc has achieved a remarkable 98% rating on Charity Navigator, indicating strong performance in financial accountability and transparency. With a perfect score of 100 in the Accountability & Finance category, the organization demonstrates excellent practices regarding independence of board members, financial oversight, and operational integrity. The program expense ratio of 90.14% signifies that the majority of its funds are directed towards its charitable programs, a positive indicator for donor confidence.
In terms of culture and community engagement, the nonprofit scored 87%, reflecting its effective practices in collecting and utilizing feedback from its stakeholders. The organization's commitment to fostering a strong community presence and addressing challenges is evident, although there are opportunities for improvement in their equity strategies and data collection, where scores were lower.
While Blue Ridge Habitat For Humanity Inc excels in many areas, the equity strategies score of 81 out of 100 suggests the need for enhancement in developing and implementing policies and processes that promote inclusivity. Overall, the organization is well-rated and shows a commitment to transparency and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Ridge Habitat For Humanity Inc legitimate?
Blue Ridge Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Ridge 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: $80,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,806
For more financial information, click here
Official website here: www.blueridgehabitat.org/
What is the mission statement of Blue Ridge Habitat For Humanity Inc?
Blue Ridge Habitat for Humanity Inc. is dedicated to embodying God's love by engaging people in constructing homes, communities, and fostering hope, striving towards a world where everyone has access to a decent living space. The organization adheres to a strict non-proselytizing policy, ensuring that the assistance provided is not contingent upon the acceptance or conversion to a specific faith, or the response to messages designed to induce such conversion.
Official website here: www.blueridgehabitat.org/
Who is the CEO of Blue Ridge Habitat For Humanity Inc?
Kim Herbstritt is the Director of Blue Ridge Habitat For Humanity Inc.
Official website here: www.blueridgehabitat.org/
What is the revenue of Blue Ridge Habitat For Humanity Inc?
Blue Ridge Habitat For Humanity Inc's revenue in 2022 was $2,554,914.
Official website here: www.blueridgehabitat.org/
Who are the executives of Blue Ridge Habitat For Humanity Inc and what are their salaries?
The average compensation at Blue Ridge Habitat For Humanity Inc during 2022 was $19,629. There are 20 employees and 336 volunteers at Blue Ridge Habitat For Humanity Inc.
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- Compensation: $76,452
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- Other: $11,754
Official website here: www.blueridgehabitat.org/
Where can I find the form 990 for Blue Ridge Habitat For Humanity Inc?
Blue Ridge Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blueridgehabitat.org/
Learn more at the official website: www.blueridgehabitat.org/
Mission Statement of Blue Ridge Habitat For Humanity Inc
Blue Ridge Habitat for Humanity Inc., a non-profit organization, is dedicated to putting God's love into action. Their mission is to bring people together to construct homes, foster communities, and cultivate hope, aiming to achieve a world where everyone has access to a decent living space. This organization adheres to a strict non-proselytizing policy, ensuring that no assistance is offered conditionally based on religious beliefs or conversion. Instead, they focus on the common goal of providing adequate housing for all.
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Impact
July, 2024
Blue Ridge Habitat For Humanity Inc's impact is significant in providing decent, affordable housing to low-income families in Winchester, VA, and surrounding areas. Since its establishment in 1997, Blue Ridge Habitat For Humanity has served 85 families, including 3 families during the fiscal year 2022, through its long-term homeownership program. The organization has provided new homes to families and continued construction on additional homes, managing over $1.5 million in projects.
By adhering to a non-proselytizing policy, Blue Ridge Habitat For Humanity ensures that their offer of assistance is not based on conditions related to faith or conversion. Through its efforts, the organization enables families to improve their living conditions, invest in their community, and create opportunities for future growth. This commitment to affordable homeownership helps address the housing needs of low-to-moderate income families who may be priced out of the homeownership market otherwise.
This information is meant to be a general summary of Blue Ridge 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: $262,063
- Program Service Revenue: $1,647,716
- Gross Receipts: $2,623,225
Assets and Liabilities:
- Total Assets: $4,941,216
- Total Liabilities: $295,512
- Net Assets: $4,645,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$765,396
RESTORE SALES
Revenue
$639,986
MORTGAGE DISCOUNT AMOR
Revenue
$105,273
RENTAL INCOME
Revenue
$102,318
HOME REPAIR
Revenue
$34,743
Organization Details
Founding Year
1997
Phone
(540) 662-7066Principal Officer
Kim Herbstritt
Main Address
PO BOX 1653, WINCHESTER, VA, 22604
Website
www.blueridgehabitat.org/NTEE Category
Code: L20 - Housing
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