Overview
What is Habitat For Humanity International?
Habitat for Humanity International is a renowned nonprofit organization, headquartered in Seneca, South Carolina. The primary mission of this organization is to assist low-income families in need of a decent place to live by building affordable homes in partnership with the community. Habitat houses are modestly sized, ensuring affordability through the use of volunteer labor, efficient building methods, donated materials, and no-profit loans. This initiative not only provides families with stable housing but also fosters self-reliance and confidence. Studies suggest that strong and stable households contribute positively to child development and growth. During fiscal year 2021, Habitat for Humanity International completed and sold two homes to eligible families in inadequate housing. Locally, Oconee County Habitat for Humanity is a branch of this organization, dedicated to building decent housing with community volunteers in partnership with qualified families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating. This high score reflects Habitat for Humanity International's strong performance in accountability and finance. The organization has achieved a perfect score for its independent board members, indicating robust governance practices. Furthermore, their program expense ratio is commendable, with nearly 89% of expenses allocated to programs, showcasing a commitment to their mission.
Habitat for Humanity International's financial oversight is notable, with no material diversion of assets reported and thorough documentation of board meeting minutes. The audits and financial statements are managed effectively, contributing to the organization's overall financial health. The presence of conflict of interest and document retention policies further reinforces the integrity of their operations.
However, a limitation noted in their evaluation is the absence of a whistleblower policy, which could enhance transparency and protect employees who report unethical behavior. While this is a critical area for improvement, the overall performance remains impressive, reflecting the organization's dedication to accountability and effective financial management in pursuit of its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International legitimate?
Habitat For Humanity International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International 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.
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What is the mission statement of Habitat For Humanity International?
Habitat for Humanity International is an organization dedicated to constructing decent housing for families in need, partnering with community volunteers. Their mission is to provide safe and affordable homes for low-income families, utilizing efficient building methods, volunteer labor, and donated materials. By offering affordable homeownership, Habitat for Humanity aims to improve family stability, reduce stress, foster self-reliance, and encourage growth. Studies suggest that stable housing contributes to child development and well-being. During fiscal year 2021, the organization completed and sold two homes to eligible families.
Who is the CEO of Habitat For Humanity International?
Cecil Murray is the President of Habitat For Humanity International.
What is the revenue of Habitat For Humanity International?
Habitat For Humanity International's revenue in 2022 was $913,373.
Who are the executives of Habitat For Humanity International and what are their salaries?
There 170 volunteers at Habitat For Humanity International.
Here are 18 key members and their salaries:
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Where can I find the form 990 for Habitat For Humanity International?
Habitat For Humanity International's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Habitat For Humanity International
Habitat for Humanity International is a nonprofit organization dedicated to constructing decent housing in partnership with qualified families who are currently living in inadequate conditions. This organization's mission is to bring together community volunteers and eligible families to build safe and affordable homes. By employing efficient building methods, utilizing donated construction materials and appliances, and issuing no-profit loans, Habitat for Humanity makes its houses affordable for low-income families. The ultimate goal of this nonprofit is to provide affordable homeownership, which in turn, creates stability, alleviates stress, fosters self-reliance, and encourages confidence within families. Research has shown that strong and stable households are foundational to child development and growth. Owning an affordable home also enables homeowners to foster career growth. During fiscal year 2021, Habitat for Humanity International completed and sold two homes to families in need, furthering their mission of providing decent housing for those in need.
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Impact
July, 2024
Habitat For Humanity International's impact is significant in providing decent housing for families in need. By partnering with community volunteers and qualified families living in inadequate housing, Habitat For Humanity builds safe and affordable homes through its homeownership program. These homes are modestly sized to keep construction and maintenance costs manageable. Through the use of volunteer labor, efficient building methods, donated materials, and issuing no-profit loans, Habitat makes homeownership accessible to low-income families. Affordable housing creates stability, reduces stress and fear, and promotes self-reliance and confidence in families. Studies show that stable households are crucial for child development. By fostering health and safety, affordable homes allow families to thrive and support career growth. In fiscal year 2021, Habitat completed and sold two homes to families in need, demonstrating its commitment to improving living conditions for those facing housing challenges.
This information is meant to be a general summary of Habitat For Humanity International. 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: $745,335
- Gross Receipts: $913,373
Assets and Liabilities:
- Total Assets: $3,704,324
- Total Liabilities: $52,837
- Net Assets: $3,651,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$177,189
RESTORE SALES
Revenue
$453,437
MORTGAGE AMORTIZATION
Revenue
$114,709
Organization Details
Founding Year
1986
Principal Officer
Cecil Murray
Main Address
PO BOX 685, SENECA, SC, 29679
NTEE Category
Code: L20 - Housing
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