Overview
What is Habitat For Humanity Of Kanawha And Putnam County Inc?
Habitat for Humanity of Kanawha and Putnam County Inc is a devoted nonprofit organization based in Charleston, West Virginia. Their primary mission is to construct simple, decent, and affordable houses for economically disadvantaged residents of Kanawha and Putnam County communities. They achieve this goal by utilizing modern construction materials and techniques, combining both volunteer and paid labor. The organization sells these houses to approved homebuyers, who must complete an 18-week education program and invest at least 250 hours in sweat equity building their own homes. Financially, Habitat for Humanity relies on non-interest bearing mortgages, with the difference between the fair-market value and the mortgage being expensed. The organization also generates additional revenue through its two Restore retail stores, which sell donated household items, including construction materials, home furnishings, appliances, and other household items. By providing affordable housing, financial literacy education opportunities, and operating Restores, Habitat for Humanity of Kanawha and Putnam County Inc aims to uplift and empower its community members. With a workforce of 41 dedicated individuals, the organization has made a significant impact in the lives of many residents in its service area.
Official website here: www.hfhkp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
Habitat For Humanity Of Kanawha And Putnam County Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and community engagement. The organization scored exceptionally well in the Culture & Community category, with a perfect score of 100, indicating a robust commitment to fostering an inclusive environment and actively engaging with stakeholders. Its Program Expense Ratio of 73.06% demonstrates a significant portion of its expenditures are directed toward its mission-related programs.
The organization boasts a fully independent board, which is a positive indicator of governance and oversight. With a board size of 10 members, the charity has no material diversions of assets and maintains comprehensive financial oversight practices, earning full marks in audit and oversight. Additionally, it has established essential policies regarding conflict of interest and document retention, contributing to its overall transparency and accountability.
A noted challenge for the organization is the difficulty in collecting feedback from its community members. Although it has achieved full scores in feedback collection and usage, the barriers to obtaining responses may hinder its ability to continuously improve and adapt to community needs. Overall, Habitat For Humanity Of Kanawha And Putnam County Inc demonstrates a strong operational foundation and a commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Kanawha And Putnam County Inc?
100% of 7 reviewers on Facebook recommend Habitat For Humanity Of Kanawha And Putnam County Inc. Here is a summary of their reviews:
Many patrons express their enthusiasm for this nonprofit, highlighting it as an excellent place for shopping and volunteering. The organization is praised for its homeowner mastery classes, which are beneficial for both program participants and community members. Reviewers appreciate the positive impact Habitat for Humanity has in providing resources and opportunities to build homes and improve lives.
Overall, the sentiment surrounding this nonprofit is overwhelmingly positive, with the community recognizing the valuable services it provides and the supportive environment it fosters. The commitment to helping others truly stands out in the remarks made by fans of their initiatives.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Kanawha And Putnam County Inc legitimate?
Habitat For Humanity Of Kanawha And Putnam County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Kanawha And Putnam County 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: $93,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,719
For more financial information, click here
Official website here: www.hfhkp.org
What is the mission statement of Habitat For Humanity Of Kanawha And Putnam County Inc?
Habitat For Humanity of Kanawha and Putnam County Inc is dedicated to constructing safe and affordable houses for economically disadvantaged community members. The organization provides educational opportunities in financial literacy to help potential homeowners. In addition to building homes, they operate retail stores called Restores, which sell donated items such as construction materials, home furnishings, appliances, and other household items. By doing so, they generate revenue to support their mission. The organization sells these houses to approved homebuyers who complete an 18-week education program and contribute at least 250 hours of sweat equity in building their own homes. The mortgages issued by the organization are non-interest bearing, and the difference between the fair-market value and the mortgage is expensed.
Official website here: www.hfhkp.org
Who is the CEO of Habitat For Humanity Of Kanawha And Putnam County Inc?
Andrew Blackwood is the President of Habitat For Humanity Of Kanawha And Putnam County Inc.
Official website here: www.hfhkp.org
What is the revenue of Habitat For Humanity Of Kanawha And Putnam County Inc?
Habitat For Humanity Of Kanawha And Putnam County Inc's revenue in 2023 was $1,585,389.
Official website here: www.hfhkp.org
Who are the executives of Habitat For Humanity Of Kanawha And Putnam County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Kanawha And Putnam County Inc during 2023 was $5,483. There are 41 employees at Habitat For Humanity Of Kanawha And Putnam County Inc.
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- Compensation: $85,456
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Official website here: www.hfhkp.org
Where can I find the form 990 for Habitat For Humanity Of Kanawha And Putnam County Inc?
Habitat For Humanity Of Kanawha And Putnam County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hfhkp.org
Learn more at the official website: www.hfhkp.org
Mission Statement of Habitat For Humanity Of Kanawha And Putnam County Inc
Habitat For Humanity of Kanawha and Putnam County Inc is dedicated to constructing safe, decent, and affordable houses for economically disadvantaged individuals in their communities. Beyond home-building, the nonprofit offers financial literacy and homeowner education opportunities, and operates Restore retail stores selling donated items such as construction materials, home furnishings, appliances, and other household items. The organization employs a unique approach, utilizing both volunteer and paid labor to build the houses, which are then sold to approved homebuyers who complete an 18-week education program and invest at least 250 hours in sweat equity building their own home. Habitat For Humanity of Kanawha and Putnam County Inc finances the houses they sell with non-interest bearing mortgages, and generates additional revenue through their Restore retail stores. The mission of this nonprofit is to provide a hand-up, not a handout, empowering families to achieve stable and self-sufficient lives.
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Impact
July, 2024
Habitat For Humanity Of Kanawha And Putnam County Inc's impact is felt through the construction of safe, decent, affordable houses for economically disadvantaged members of Kanawha and Putnam County communities. The organization provides financial literacy and homeowner education opportunities while operating ReStores that sell donated items, including construction materials, home furnishings, appliances, and other household items. The houses built by the organization are sold to approved homebuyers who complete an 18-week education program and invest at least 250 hours in sweat-equity building their own homes. By offering non-interest bearing mortgages and generating revenue through its ReStores, Habitat For Humanity Of Kanawha And Putnam County Inc is making a significant difference in providing sustainable housing solutions for those in need.
This information is meant to be a general summary of Habitat For Humanity Of Kanawha And Putnam County 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 2023.
- Investment Income: $474,439
- Program Service Revenue: $384,011
- Gross Receipts: $2,656,654
Assets and Liabilities:
- Total Assets: $2,896,708
- Total Liabilities: $740,140
- Net Assets: $2,156,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSE SALES
Revenue
$320,000
AMORTIZATION INCOME
Revenue
$60,057
MASTER HOMEOWNER
Revenue
$3,954
Organization Details
Founding Year
1988
Phone
(304) 720-0141Principal Officer
Andrew Blackwood
Main Address
815 COURT STREET, CHARLESTON, WV, 25301
Website
www.hfhkp.orgNTEE Category
Code: L20Z - Housing
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