Overview
What is Habitat For Humanity International Inc?
Habitat for Humanity International Inc is a nonprofit organization, rooted in Spruce Pine, North Carolina, dedicated to providing affordable housing opportunities for low-income families. Operating under a nondenominational Christian ethos, they collaborate with volunteers and partners to construct homes at cost, using a combination of volunteer labor and partner contributions. The organization's mission is to put God's love into action, fostering unity and hope within communities by building homes for those in need. A small percentage of their unrestricted donations are channeled towards constructing houses in areas of critical need abroad, ensuring that their reach extends beyond local boundaries. Habitat for Humanity International Inc offers ongoing support to their partner families in homeownership, ensuring a sustainable and fulfilling living experience.
Official website here: www.mitchellyanceyhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Habitat for Humanity International Inc. has received an 83% rating from Charity Navigator, which reflects a solid performance in accountability and finance. The charity has achieved a perfect score for having an independent board, with all board members being independent. Additionally, it has been recognized for its low material diversion of assets and an excellent program expense ratio of 94.92%, indicating that a significant portion of its funding directly supports its mission.
While the organization demonstrates strong governance in several areas, it does have some notable limitations. The absence of a whistleblower policy and a document retention and destruction policy has resulted in a score of zero in these categories. Furthermore, the nonprofit has not posted its tax form on its website, which could affect transparency for potential donors and stakeholders.
Overall, Habitat for Humanity International Inc. shows a commitment to effective financial management and accountability, but addressing the identified governance gaps could enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International Inc legitimate?
Habitat For Humanity International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,748
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Official website here: www.mitchellyanceyhabitat.org
What is the mission statement of Habitat For Humanity International Inc?
Habitat for Humanity International Inc's mission is centered around putting God's love into action. They foster this by bringing together individuals to construct and renovate homes for low-income families, thereby building communities and instilling hope. Their mission is carried out through the operation of nondenominational Christian organizations, which provide opportunities for homeownership to eligible families. This is achieved through volunteer and partner labor, and the homes are sold at an affordable cost with a low-interest mortgage. Habitat for Humanity also extends support to their partners in their homeownership journey, ensuring they can sustain their new homes. A portion of their unrestricted donations is channeled towards constructing homes in areas of critical need abroad.
Official website here: www.mitchellyanceyhabitat.org
Who is the CEO of Habitat For Humanity International Inc?
Carol Jacobsen is the President of Habitat For Humanity International Inc.
Official website here: www.mitchellyanceyhabitat.org
What is the revenue of Habitat For Humanity International Inc?
Habitat For Humanity International Inc's revenue in 2023 was $198,959.
Official website here: www.mitchellyanceyhabitat.org
Who are the executives of Habitat For Humanity International Inc and what are their salaries?
The average compensation at Habitat For Humanity International Inc during 2023 was $14,550. There are 5 employees and 70 volunteers at Habitat For Humanity International Inc.
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Official website here: www.mitchellyanceyhabitat.org
Where can I find the form 990 for Habitat For Humanity International Inc?
Habitat For Humanity International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mitchellyanceyhabitat.org
Learn more at the official website: www.mitchellyanceyhabitat.org
Mission Statement of Habitat For Humanity International Inc
Habitat for Humanity International Inc, a nonprofit organization, is dedicated to embodying divine love by fostering unity among individuals to construct and renovate homes, communities, and a sense of hope for families living in poverty. Their mission is to translate this divine love into tangible actions, encouraging collaboration to build dwellings and strengthen neighborhoods for economically disadvantaged families. The organization accomplishes this by engaging volunteers and partnership families to construct homes at an affordable cost, selling them with minimal-interest mortgages. Selected partners are offered ongoing support in their journey towards homeownership, guided by dedicated staff and trained volunteers. Additionally, 10% of the organization's unrestricted donations are channeled towards constructing homes in regions of critical need across the globe, at a relatively low cost, through the parent company, Habitat for Humanity International.
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Impact
October, 2024
Habitat for Humanity International Inc. significantly impacts communities by providing low-income families with affordable homeownership opportunities. Through the collaborative efforts of volunteers and partner labor, homes are built and repaired, fostering a sense of community and hope. The organization operates under a mission driven by compassion, connecting individuals and groups to share their resources and skills.
The homes are constructed at cost, with a low-interest mortgage that makes homeownership feasible for families in need. Importantly, selected partners receive continuous support to help them navigate the responsibilities of owning a home, ensuring they can thrive in their new environments. This ongoing assistance contributes to developing stable communities and empowering families to improve their lives.
Additionally, a portion of unrestricted donations is allocated to Habitat for Humanity International, allowing the organization to extend its reach globally, addressing critical housing needs in underserved areas. The construction of homes is not only about providing shelter but also about building a foundation for families to achieve stability and economic mobility, demonstrating a profound and lasting impact on both local and international scales.
This information is meant to be a general summary of Habitat For Humanity International 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 2023.
- Program Service Revenue: $11,500
- Gross Receipts: $206,812
Assets and Liabilities:
- Total Assets: $753,225
- Total Liabilities: $178,831
- Net Assets: $574,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Amortization of Mortgage Discounts
Revenue
$11,500
Organization Details
Founding Year
1992
Phone
(828) 766-9000Principal Officer
Carol Jacobsen
Main Address
536 Oak Avenue, Spruce Pine, NC, 28777
NTEE Category
Code: L20 - Housing
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