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Hba Of Durham Orange & Chatham Counties Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562074868 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Hba Of Durham Orange & Chatham Counties Foundation Inc?

The Hba of Durham Orange and Chatham Counties Foundation is a nonprofit organization dedicated to promoting careers in the skilled trades. They achieve this by offering educational scholarships and workforce opportunities to individuals interested in the residential construction trade. In 2021, they expanded their initiatives by joining a consortium that established the Summer Careers Academy, an eight-week program offering practical experience and industry knowledge to students. This foundation supports local high school students pursuing post-secondary education in the residential construction field by granting six $1000 scholarships annually.


Official website here: www.hbadoc.com/our-foundation

Is Hba Of Durham Orange & Chatham Counties Foundation Inc legitimate?

Hba Of Durham Orange & Chatham Counties Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hba Of Durham Orange & Chatham Counties Foundation Inc submitted a form 990EZ, 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.


Official website here: www.hbadoc.com/our-foundation

What is the mission statement of Hba Of Durham Orange & Chatham Counties Foundation Inc?

The Hba of Durham Orange and Chatham Counties Foundation's mission is centered around fostering careers in the skilled trades. They achieve this by offering educational scholarships and workforce opportunities to individuals interested in residential construction. The foundation provides financial aid in the form of $1000 scholarships to high school students pursuing a post-secondary education in this field. In 2021, the foundation expanded its initiatives by becoming part of a consortium that launched the Summer Careers Academy, an eight-week program providing hands-on experience and knowledge in the construction industry for students. The primary goal of these activities is to support and encourage individuals seeking a career in the residential construction trade.


Official website here: www.hbadoc.com/our-foundation

Who is the CEO of Hba Of Durham Orange & Chatham Counties Foundation Inc?

Holly Fraccaro is the Executive Director of Hba Of Durham Orange & Chatham Counties Foundation Inc.


Official website here: www.hbadoc.com/our-foundation

What is the revenue of Hba Of Durham Orange & Chatham Counties Foundation Inc?

Hba Of Durham Orange & Chatham Counties Foundation Inc's revenue in 2022 was $104,620.


Official website here: www.hbadoc.com/our-foundation

Who are the executives of Hba Of Durham Orange & Chatham Counties Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Dante Berini (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Myers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Barron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Goolsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Thorn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Fraccaro (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hbadoc.com/our-foundation

Where can I find the form 990EZ for Hba Of Durham Orange & Chatham Counties Foundation Inc?

Hba Of Durham Orange & Chatham Counties Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hbadoc.com/our-foundation

Learn more at the official website: www.hbadoc.com/our-foundation

Mission Statement of Hba Of Durham Orange & Chatham Counties Foundation Inc

The HBA of Durham Orange & Chatham Counties Foundation is dedicated to promoting careers in the skilled trades. Through their mission, they aim to accomplish this by offering educational scholarships and workforce opportunities to individuals who are enthusiastic about pursuing a career in home building. In 2021, they expanded their initiatives by joining a consortium that launched the Summer Careers Academy, an eight-week program designed to provide students with practical experience and a solid foundation in the construction industry. By doing so, the HBA of Durham Orange & Chatham Counties Foundation is actively contributing to the growth and development of the future workforce in the residential construction trade.

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Impact




October, 2024

Hba Of Durham Orange & Chatham Counties Foundation Inc significantly impacts local communities by actively fostering careers in the skilled trades. By providing educational scholarships, they have empowered area high school students to pursue post-secondary education in the residential construction trade, exemplified by their awarding of six $1,000 scholarships.

In addition to financial support, their involvement in the Summer Careers Academy creates transformative opportunities for students. This eight-week program offers hands-on experience in the construction industry, equipping participants with practical skills and knowledge that can enhance their career prospects. By engaging students in real-world applications of their learning, the foundation not only prepares them for future employment but also contributes to a skilled workforce that can meet the demands of the home building industry in the region.




This information is meant to be a general summary of Hba Of Durham Orange & Chatham Counties Foundation 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.

Revenue
$104,620 (2022)
Expenses
$209,996 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $234
  • Gross Receipts: $104,627

Assets and Liabilities:

  • Total Assets: $152,508
  • Total Liabilities: $37,875
  • Net Assets: $114,633

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Organization Details

Principal Officer

Holly Fraccaro

Main Address

1821 HILLANDALE ROAD 1B-138, DURHAM, NC, 27705

NTEE Category

Code: B820 - Education

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