Overview
What is Habitat For Humanity Of Alamance County Inc?
Habitat for Humanity of Alamance County Inc is a compassionate nonprofit organization situated in Burlington, North Carolina. Their primary mission is to provide affordable housing solutions for individuals who cannot afford market rates. They accomplish this by constructing and selling homes at significantly lower prices and offering financing at zero percent interest rates. As a dedicated Christian housing ministry, their commitment extends beyond building homes. They also operate a thrift store, serving as a means to further their mission. With a workforce of 24 dedicated individuals, they strive to create simple, decent, and safe living spaces for those in need.
Official website here: www.habitatalamance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Habitat For Humanity Of Alamance County Inc has received a Three-Star rating from Charity Navigator, reflecting a solid overall performance in terms of accountability and financial management. The organization boasts a perfect score for having 100% independent board members and effectively managing its assets, with no material diversion reported. Additionally, a strong program expense ratio of 86.75% indicates that a significant majority of funds are directed toward its core mission.
However, there are some areas where the organization falls short, notably the absence of a whistleblower policy, which has contributed to a lower score in governance. While the charity maintains a transparent and accountable structure, the lack of this policy may raise concerns for potential internal reporting issues. On the positive side, the organization's compliance with document retention practices and available board meeting minutes showcases its commitment to transparency.
Overall, Habitat For Humanity Of Alamance County Inc demonstrates a strong foundation in financial health and board independence, although improvements could be made in governance practices to enhance overall accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Alamance County Inc?
100% of reviewers on Facebook recommend Habitat For Humanity Of Alamance County Inc. Here is a summary of their reviews:
Supporters express admiration for the organization's efforts, praising not only the impactful work done but also the dedication of the staff and volunteers. Reviewers appreciate the positive contributions made to the community, highlighting a strong commitment to helping those in need.
Overall, the sentiment about Habitat For Humanity is overwhelmingly positive, with people feeling inspired by the mission and the support provided to families in the area. It’s clear that the community has a strong connection to the nonprofit and values its contributions.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Alamance County Inc legitimate?
Habitat For Humanity Of Alamance County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Alamance 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: $56,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $443,391
For more financial information, click here
Official website here: www.habitatalamance.org
What is the mission statement of Habitat For Humanity Of Alamance County Inc?
Habitat for Humanity of Alamance County Inc. is a Christian housing ministry dedicated to providing simple, affordable, decent, and safe homes for individuals in need. To achieve this mission, they operate a thrift store. The organization's primary goal is to build homes that are sold at substantially below market value and financed at 0% interest rates, making them accessible to people who might otherwise be unable to afford them. By doing so, Habitat for Humanity of Alamance County Inc. aims to contribute to the betterment of its community, providing a dignified living space for those in need.
Official website here: www.habitatalamance.org
Who is the CEO of Habitat For Humanity Of Alamance County Inc?
Chris Gillespie is the Executive Di of Habitat For Humanity Of Alamance County Inc.
Official website here: www.habitatalamance.org
What is the revenue of Habitat For Humanity Of Alamance County Inc?
Habitat For Humanity Of Alamance County Inc's revenue in 2022 was $1,395,132.
Official website here: www.habitatalamance.org
Who are the executives of Habitat For Humanity Of Alamance County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Alamance County Inc during 2022 was $20,831. There are 24 employees at Habitat For Humanity Of Alamance County Inc.
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Official website here: www.habitatalamance.org
Where can I find the form 990 for Habitat For Humanity Of Alamance County Inc?
Habitat For Humanity Of Alamance County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatalamance.org
Learn more at the official website: www.habitatalamance.org
Mission Statement of Habitat For Humanity Of Alamance County Inc
Habitat for Humanity of Alamance County Inc, as a Christian housing ministry, is dedicated to constructing simple, affordable, decent, and safe homes for individuals in need. The organization achieves this mission by operating a thrift store, which serves as a vital tool in their efforts. Their primary goal is to provide homes for individuals who would otherwise be unable to afford them. Habitat for Humanity builds and sells homes at substantially lower than market value, offering them at 0% interest rates. This commitment to affordability and financial assistance allows many families to gain a stable living environment. The organization's mission is an essential contribution to communities, ensuring that God's people have access to the basic necessity of a home.
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Impact
July, 2024
Habitat For Humanity Of Alamance County Inc's impact lies in providing affordable and decent housing for individuals who would otherwise struggle to afford it. By building and selling homes at substantially below market value and financing them at 0% interest rates, Habitat For Humanity is helping to address the housing needs of the community in Burlington, NC. Through its Christian housing ministry, Habitat For Humanity is making a tangible difference in the lives of those in need, ensuring they have a safe and stable place to call home.
This information is meant to be a general summary of Habitat For Humanity Of Alamance 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 2022.
- Program Service Revenue: $835,530
- Gross Receipts: $1,395,132
Assets and Liabilities:
- Total Assets: $2,924,563
- Total Liabilities: $873,887
- Net Assets: $2,050,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$455,443
HOME SALES
Revenue
$294,310
AMORTIZATION OF MORTGAGE DISC
Revenue
$82,772
OTHER PROGRAM INCOME
Revenue
$3,005
Organization Details
Founding Year
1988
Phone
(336) 222-8191Principal Officer
Chris Gillespie
Main Address
PO BOX 5036, BURLINGTON, NC, 27216
Website
www.habitatalamance.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Of Alamance County Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.