Overview
What is Habitat For Humanity Of High Point Archdale & Trinity Inc?
Habitat for Humanity of High Point Archdale & Trinity is a dedicated nonprofit organization, rooted in an ecumenical Christian mission. Their primary goal is to alleviate housing issues within their community by constructing safe, affordable homes for low-income families. They accomplish this through volunteer labor, donations, and the active participation of the homeowners themselves. By doing so, they aim to promote a sense of community and hope. Their work also includes revitalizing existing homes and operating a ReStore, which sells donated building materials and home goods to fund their initiatives. Habitat for Humanity partners with local churches, businesses, and civic organizations to amplify their impact, offering a long-term solution to the housing challenges faced by working families in the region.
Official website here: www.habitathp.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Habitat For Humanity Of High Point Archdale & Trinity Inc has achieved an impressive score of 96%, translating to a Four-Star rating on Charity Navigator. This rating is primarily based on the organization’s accountability and finance practices, indicating a high level of transparency and effective management of resources.
The charity demonstrates significant strengths, particularly in governance and financial oversight. It boasts a fully independent board, strong audit and oversight measures, and no material diversion of assets, which reflects its commitment to ethical practices. The organization maintains a high program expense ratio of 85.71%, indicating that a significant portion of its funds is directed towards its mission-driven programs.
While the data presents a robust picture of the nonprofit's financial health and accountability, there are no noted limitations in the information provided. This suggests that Habitat For Humanity Of High Point Archdale & Trinity Inc operates effectively and responsibly, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of High Point Archdale & Trinity Inc legitimate?
Habitat For Humanity Of High Point Archdale & Trinity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of High Point Archdale & Trinity 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: $117,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,201
For more financial information, click here
Official website here: www.habitathp.org/
What is the mission statement of Habitat For Humanity Of High Point Archdale & Trinity Inc?
Habitat for Humanity of High Point Archdale & Trinity Inc is an organization driven by faith, working to put God's love into action. Their primary mission is to construct safe, decent, and affordable homes for families in need, operating within an ecumenical Christian framework. The organization relies on volunteer labor, donations, and the homeowner's involvement to offer a long-term solution to housing issues for low-income families. Qualifying families purchase their homes with a 20-year, no-interest mortgage, with their payments contributing to the construction of more houses. Habitat for Humanity also forms partnerships with local churches, businesses, and civic organizations to provide "sweat equity" and revitalization efforts.
Official website here: www.habitathp.org/
Who is the CEO of Habitat For Humanity Of High Point Archdale & Trinity Inc?
Susan Wood is the President & Ceo of Habitat For Humanity Of High Point Archdale & Trinity Inc. The CEO's salary of Habitat For Humanity Of High Point Archdale & Trinity Inc is $94,711 and their total compensation is $111,494.
Official website here: www.habitathp.org/
What is the revenue of Habitat For Humanity Of High Point Archdale & Trinity Inc?
Habitat For Humanity Of High Point Archdale & Trinity Inc's revenue in 2022 was $1,212,393.
Official website here: www.habitathp.org/
Who are the executives of Habitat For Humanity Of High Point Archdale & Trinity Inc and what are their salaries?
The average compensation at Habitat For Humanity Of High Point Archdale & Trinity Inc during 2022 was $19,070. There are 23 employees and 880 volunteers at Habitat For Humanity Of High Point Archdale & Trinity Inc.
Here are 11 key members and their salaries (Habitat For Humanity Of High Point Archdale & Trinity Inc's CEO's salary is $94,711 and their total compensation is $111,494):
- Compensation: $94,711
- Related: $0
- Other: $16,783
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Official website here: www.habitathp.org/
Where can I find the form 990 for Habitat For Humanity Of High Point Archdale & Trinity Inc?
Habitat For Humanity Of High Point Archdale & Trinity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitathp.org/
Learn more at the official website: www.habitathp.org/
Mission Statement of Habitat For Humanity Of High Point Archdale & Trinity Inc
Habitat for Humanity of High Point Archdale & Trinity Inc is an ecumenical Christian movement with a mission to make a difference in the lives of low-income families. Their primary goal is to construct safe, decent, and affordable homes for these families who are in need but cannot secure financing in the current market. This organization operates on the belief that everyone deserves a place to call home.
The organization achieves this mission through a unique approach that involves volunteer labor, donations, and the help of the homeowner themselves. The families who partner with Habitat for Humanity contribute what is known as "sweat equity," meaning they also contribute their time and effort towards building their own homes. This model not only provides a long-term solution to the housing needs of these families but also allows the mortgage payments made by the families to be used for constructing more houses in the future.
Furthermore, Habitat for Humanity of High Point Archdale & Trinity Inc does not stop at just building homes. They also collaborate with local churches, businesses, and civic organizations to revitalize communities and improve living conditions. By doing so, they not only help families but also contribute to the overall development of the community, embodying the spirit of putting God's love into action.
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Impact
July, 2024
Habitat For Humanity Of High Point Archdale & Trinity Inc's impact lies in its mission to bring people together to build homes, communities, and hope for those in need. By utilizing volunteer labor, donations, and the collaborative efforts of the homeowner, this organization has been able to provide safe, decent, and affordable homes for low-income families in the community since 1987. Through its programs, Habitat for Humanity of High Point, Archdale, and Trinity offers a long-term housing solution by helping families purchase homes with a 20-year, no-interest mortgage. The mortgage payments made by these families are then reinvested back into Habitat, allowing for the construction of more homes and enabling more families to achieve homeownership. In addition to providing housing, Habitat's approach also emphasizes community building and revitalization efforts through partnerships with local churches, businesses, and civic organizations.
This information is meant to be a general summary of Habitat For Humanity Of High Point Archdale & Trinity 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: $50,324
- Program Service Revenue: $1,033,228
- Gross Receipts: $1,674,584
Assets and Liabilities:
- Total Assets: $3,972,620
- Total Liabilities: $1,238,112
- Net Assets: $2,734,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Home construction & sales
Revenue
$233,177
ReStore
Revenue
$800,051
Organization Details
Founding Year
1987
Phone
(336) 887-8388Principal Officer
Susan Wood
Main Address
P O Box 6675, High Point, NC, 27262
Website
www.habitathp.org/NTEE Category
Code: L20Z - Housing
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