Overview
What is Henderson County Habitat For Humanity Inc?
Henderson County Habitat for Humanity Inc., based in Hendersonville, North Carolina, is a dedicated nonprofit organization that focuses on providing affordable housing solutions and repair services to qualifying individuals and families in need. Despite challenges posed by the pandemic, they managed to construct and sell three new homes, primarily to African American families with nine members, and carry out repairs on three homes inhabited by Caucasian adults. Their mission, inspired by faith, is to bring people together, fostering a sense of community and hope through their housing projects. With a team of 57 employees, they are committed to making a tangible difference in their community's lives.
Official website here: www.habitat-hvl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Henderson County Habitat For Humanity Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization's high score of 89% in the Accountability & Finance category indicates effective governance practices, such as a fully independent board and a comprehensive audit oversight committee.
The nonprofit demonstrates substantial strengths, including no material diversion of assets and thorough policies for conflict of interest and document retention. Additionally, they maintain a healthy working capital ratio, which suggests stability and good financial health. However, the organization does face challenges regarding fundraising efficiency, with a ratio indicating relatively high costs associated with fundraising efforts.
Overall, while Henderson County Habitat for Humanity shows a strong focus on governance and financial practices, there is an opportunity for improvement in its fundraising efficiency. This could enhance their ability to maximize resources for their housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Henderson County Habitat For Humanity Inc legitimate?
Henderson County Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson County 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: $155,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,376,701
For more financial information, click here
Official website here: www.habitat-hvl.org
What is the mission statement of Henderson County Habitat For Humanity Inc?
Henderson County Habitat for Humanity Inc's mission, as stated, is to embody God's love by fostering unity among people to construct homes, communities, and instill hope. Their primary objective is to provide affordable housing solutions to individuals and families in need, who meet their specified criteria. Due to the ongoing impact of the pandemic, the construction and repair process have been affected, impacting productivity. Despite these challenges, the organization managed to build and sell three new homes to African American families with nine members and carry out repairs in homes inhabited by five Caucasian adults. Despite the adversities, Henderson County Habitat for Humanity Inc continues to contribute to its annual tithe and stewardship fee to Habitat for Humanity International and Habitat for Humanity of North Carolina.
Official website here: www.habitat-hvl.org
Who is the CEO of Henderson County Habitat For Humanity Inc?
Michael Bridges is the Past President/Ceo of Henderson County Habitat For Humanity Inc. The CEO's salary of Henderson County Habitat For Humanity Inc is $0 and their total compensation is $0.
Official website here: www.habitat-hvl.org
What is the revenue of Henderson County Habitat For Humanity Inc?
Henderson County Habitat For Humanity Inc's revenue in 2022 was $3,907,722.
Official website here: www.habitat-hvl.org
Who are the executives of Henderson County Habitat For Humanity Inc and what are their salaries?
The average compensation at Henderson County Habitat For Humanity Inc during 2022 was $26,878. There are 57 employees and 202 volunteers at Henderson County Habitat For Humanity Inc.
Here are 11 key members and their salaries (Henderson County Habitat For Humanity Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $126,248
- Related: $0
- Other: $3,605
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.habitat-hvl.org
Where can I find the form 990 for Henderson County Habitat For Humanity Inc?
Henderson County Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitat-hvl.org
Learn more at the official website: www.habitat-hvl.org
Mission Statement of Henderson County Habitat For Humanity Inc
Henderson County Habitat for Humanity Inc, a dedicated nonprofit organization, is committed to putting God's love into action. They strive to bring people together, fostering a sense of community, and helping to build homes and hope. The primary mission of this organization is to provide affordable housing solutions to individuals and families in need, who meet their qualifications. During the recent fiscal year, despite the challenges posed by the pandemic, Henderson County Habitat for Humanity Inc managed to construct and sell three new homes, purchasing them by African American families with a total of nine members. Additionally, they carried out repair work on homes inhabited by five Caucasian adults, demonstrating their commitment to serving a diverse range of individuals and families. By offering affordable housing and repair services, this organization plays a crucial role in helping vulnerable families secure a stable living environment, thereby contributing to the broader community and promoting hope for a brighter future.
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Impact
July, 2024
Henderson County Habitat For Humanity Inc's impact includes providing affordable new housing and repair services to individuals and families in need in Henderson and Polk counties and Landrum, SC. Despite challenges such as supply shortages and labor issues during the current fiscal year, HCHFH managed to build and sell 3 homes and repair 3 homes. These efforts directly benefited African American families and Caucasian individuals, totaling 9 family members and 5 adults, respectively. Additionally, ongoing construction projects demonstrate a commitment to expanding their impact in the community.Through contributions totaling $32,310, HCHFH supports both local and national Habitat for Humanity initiatives, embodying their mission to bring people together to build homes, communities, and hope.
This information is meant to be a general summary of Henderson County 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: $28,188
- Program Service Revenue: $902,606
- Gross Receipts: $4,161,472
Assets and Liabilities:
- Total Assets: $13,333,656
- Total Liabilities: $4,127,391
- Net Assets: $9,206,265
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Homes
Revenue
$590,186
Mortgage Loan Discount Amortization
Revenue
$312,420
Organization Details
Founding Year
1989
Phone
(828) 694-0340Principal Officer
Michael Bridges
Main Address
1111 Keith Street, Hendersonville, NC, 28792
Website
www.habitat-hvl.orgNTEE Category
Code: L20 - Housing
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