Overview
What is Habitat For Humanity International Of Rowan County?
Habitat for Humanity International of Rowan County is a dedicated nonprofit organization situated in Salisbury, North Carolina. Established with the belief that every individual deserves a decent, affordable, and safe living space, their mission is to improve the quality of life in Rowan County. By fostering equal partnerships among people from various backgrounds, the organization aims to eradicate poverty housing. To achieve this, they construct homes for low-income families, with four homes completed and three more under construction at the end of the year. Additionally, they maintain interest-free mortgages for over 82 families and offer homeowner services. Beyond providing housing solutions, Habitat for Humanity International of Rowan County also works towards building new relationships and fostering a sense of community. With a team of 15 dedicated employees, the organization continues its mission with a strong commitment to its community.
Official website here: www.habitatrowan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
Habitat For Humanity International Of Rowan County has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects a strong emphasis on transparency and responsible financial management, which is critical for donor trust and support. The organization benefits from an entirely independent board, demonstrating a commitment to governance that is free from conflicts of interest.
With a high program expense ratio of 96.72%, the nonprofit effectively allocates the majority of its resources to its mission-driven activities, ensuring that funds are utilized to support its housing initiatives. The organization maintains comprehensive policies regarding conflict of interest and document retention, contributing to its strong accountability profile.
Despite its strengths, the rating is based solely on accountability and finance metrics, meaning that the evaluation does not consider other aspects such as program effectiveness or community impact. While the financial indicators are promising, prospective donors may want to look for additional insights into the organization’s operational success and outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International Of Rowan County legitimate?
Habitat For Humanity International Of Rowan County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International Of Rowan County 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: $98,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $491,356
For more financial information, click here
Official website here: www.habitatrowan.org
What is the mission statement of Habitat For Humanity International Of Rowan County?
Habitat For Humanity International of Rowan County is committed to enhancing the quality of life in the community by fostering collaboration between individuals from various backgrounds. Their mission is rooted in the belief that every person, regardless of their social status, deserves a basic right to live in a simple, decent, and affordable home in dignity and safety. By working together in equal partnership, they aim to eliminate poverty housing and build new relationships, fostering a sense of community and constructing new homes.
Official website here: www.habitatrowan.org
Who is the CEO of Habitat For Humanity International Of Rowan County?
Coleman Emerson is the President of Habitat For Humanity International Of Rowan County.
Official website here: www.habitatrowan.org
What is the revenue of Habitat For Humanity International Of Rowan County?
Habitat For Humanity International Of Rowan County's revenue in 2022 was $2,325,536.
Official website here: www.habitatrowan.org
Who are the executives of Habitat For Humanity International Of Rowan County and what are their salaries?
The average compensation at Habitat For Humanity International Of Rowan County during 2022 was $39,327. There are 15 employees and 100 volunteers at Habitat For Humanity International Of Rowan County.
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- Compensation: $98,550
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Official website here: www.habitatrowan.org
Where can I find the form 990 for Habitat For Humanity International Of Rowan County?
Habitat For Humanity International Of Rowan County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatrowan.org
Learn more at the official website: www.habitatrowan.org
Mission Statement of Habitat For Humanity International Of Rowan County
Habitat for Humanity International of Rowan County is dedicated to enhancing the quality of life in the community by fostering cooperation among individuals from diverse backgrounds. Their mission is rooted in the belief that every individual, regardless of their socio-economic status, deserves a simple, respectable, and affordable living space where they can reside with dignity and safety. The organization's primary objective is to establish new relationships and cultivate a sense of community while constructing new homes. By working together in equal partnership, they strive to eliminate poverty housing and contribute to the overall improvement of the community.
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Impact
July, 2024
Habitat For Humanity International Of Rowan County's impact can be seen in the tangible outcomes they have achieved in their community. They have completed construction on 4 homes that were transferred to low-income families, and had construction in progress for 3 additional homes at the end of the year. Moreover, they have maintained interest-free mortgages for over 82 families and provided homeowner services to low-income families. Through their mission to improve the quality of life in Rowan County by eliminating poverty housing, they have not only provided affordable homes but also fostered new relationships and a sense of community.
This information is meant to be a general summary of Habitat For Humanity International Of Rowan County. 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: $1,479
- Program Service Revenue: $2,244,624
- Gross Receipts: $2,327,177
Assets and Liabilities:
- Total Assets: $6,968,443
- Total Liabilities: $1,008,917
- Net Assets: $5,959,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE
Revenue
$1,426,647
TRANSFERS TO HOMEOWNERS
Revenue
$480,000
REAQUIRED PROPERTIES-NET
Revenue
$155,074
MORTGAGE AMORTIZATIONS
Revenue
$147,944
MORTGAGE ORIGINATION FEES
Revenue
$34,959
Organization Details
Founding Year
1991
Phone
(704) 642-6292Principal Officer
Coleman Emerson
Main Address
PO BOX 3356, SALISBURY, NC, 281453356
Website
www.habitatrowan.orgNTEE Category
Code: L20Z - Housing
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