Overview
What is Halifax-Northampton Habitat For Humanity?
Halifax-Northampton Habitat for Humanity is a charitable organization dedicated to addressing housing needs within its community. They specialize in constructing homes for individuals who fall under the income bracket of 'the poor.' Unlike traditional home sellers, they sell these houses at cost, enabling the new homeowners to build equity through regular monthly payments. The nonprofit's primary objective is to provide affordable housing opportunities for those in need, aligning with its mission of making a meaningful impact on people's lives.
Official website here: www.habitat-hn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30%
Halifax-Northampton Habitat For Humanity has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The organization scored 30% overall, with particularly low scores for its accountability measures, primarily due to the absence of independent board members and a missing conflict of interest policy. The organization does maintain a whistleblower policy and has documented board meeting minutes, but these strengths are overshadowed by its financial ratios.
The charity's program expense ratio is notably low at 11.13%, suggesting that a minimal portion of its funds is directed towards its programs, which raises questions about its operational efficiency. Additionally, its liabilities to assets ratio is 29.37%, indicating potential financial instability. While the organization has reported some positive aspects, such as the absence of asset diversion and compliance with website requirements, these do not compensate for the overall poor performance in financial management.
In summary, Halifax-Northampton Habitat For Humanity faces considerable challenges highlighted by its Zero-Star rating. Potential donors and supporters should carefully consider these factors before engaging with the organization, as the lack of independent oversight and low program spending may impact its mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Halifax-Northampton Habitat For Humanity legitimate?
Halifax-Northampton Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Halifax-Northampton 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: $37,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,300
For more financial information, click here
Official website here: www.habitat-hn.org
What is the mission statement of Halifax-Northampton Habitat For Humanity?
Halifax-Northampton Habitat For Humanity is committed to constructing homes for individuals in need and selling them at an affordable cost. This allows the homeowners to build equity through regular payments. The organization's mission primarily revolves around addressing the housing needs of less fortunate individuals. By doing so, it empowers them to improve their living conditions and secure a stable future.
Official website here: www.habitat-hn.org
Who is the CEO of Halifax-Northampton Habitat For Humanity?
Rochelle King is the President of Halifax-Northampton Habitat For Humanity.
Official website here: www.habitat-hn.org
What is the revenue of Halifax-Northampton Habitat For Humanity?
Halifax-Northampton Habitat For Humanity's revenue in 2023 was $90,829.
Official website here: www.habitat-hn.org
Who are the executives of Halifax-Northampton Habitat For Humanity and what are their salaries?
The average compensation at Halifax-Northampton Habitat For Humanity during 2023 was $13,879. There are 3 employees and 8 volunteers at Halifax-Northampton Habitat For Humanity.
Here are 4 key members and their salaries:
- Compensation: $42,415
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.habitat-hn.org
Where can I find the form 990 for Halifax-Northampton Habitat For Humanity?
Halifax-Northampton Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitat-hn.org
Learn more at the official website: www.habitat-hn.org
Mission Statement of Halifax-Northampton Habitat For Humanity
Halifax-Northampton Habitat for Humanity is an organization committed to a noble mission. Their primary focus is on constructing homes for individuals in need, selling them at an affordable cost. By doing so, the organization enables these buyers to establish property equity through regular monthly payments. The core objective of Halifax-Northampton Habitat for Humanity is to ensure that housing is within reach for those who may otherwise struggle to secure a decent place to live. The organization's mission is centered around providing a crucial service, bridging the gap between lack of housing and the right to a secure living space.
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Impact
October, 2024
Halifax-Northampton Habitat for Humanity significantly improves lives by constructing affordable homes for low-income families in Roanoke Rapids, NC. By building houses at cost, they empower families to invest in their future through homeownership, allowing them to establish equity over time. This initiative not only provides shelter but also fosters stability, community engagement, and economic growth for those who benefit from their services. Families gain a sense of pride and security, helping to break the cycle of poverty and create a foundation for a better quality of life. Through their efforts, Halifax-Northampton Habitat for Humanity plays a crucial role in transforming lives and communities, one house at a time.
This information is meant to be a general summary of Halifax-Northampton 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 2023.
- Investment Income: $7
- Gross Receipts: $98,615
Assets and Liabilities:
- Total Assets: $873,931
- Total Liabilities: $256,735
- Net Assets: $617,196
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Organization Details
Founding Year
1990
Phone
(252) 537-2556Principal Officer
Rochelle King
Main Address
1152 Hwy 48 PO Box 2134, Roanoke Rapids, NC, 27870
Website
www.habitat-hn.orgNTEE Category
Code: L20 - Housing
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