Overview
What is Habitat For Humanity Of Greater Nashville?
Habitat for Humanity of Greater Nashville is a nonprofit organization in Nashville, Tennessee, dedicated to helping individuals and families in five counties achieve greater stability and build equity through homeownership. With the support of partnerships with local government, corporations, and faith organizations, they have assisted over 1,000 families since 2022. Their homeownership program prepares qualified applicants through education classes, creating shared experiences and hopes on the build site with thousands of local volunteers. Habitat's social enterprise, The ReStore, operates in three counties, diverting over 1,500 tons of materials from city landfills annually and generating revenue to support the ministry. Through their work, Habitat for Humanity of Greater Nashville provides life-changing opportunities for people to purchase and own quality, affordable homes, fostering safer neighborhoods and a pathway of hope for those they serve. Embodying God's love in action, they bring people together to build homes, communities, and hope.
Official website here: www.habitatnashville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Habitat For Humanity Of Greater Nashville has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. With a perfect score of 100 in both Accountability & Finance and Leadership & Adaptability, the organization demonstrates effective management and oversight. Its Program Expense Ratio of 85.29% indicates that a significant portion of its funding is directed towards its programs, reinforcing its commitment to impactful work in the community.
The organization also excels in governance with 97% of its board members being independent, ensuring a diverse and unbiased leadership structure. It has robust policies in place, including conflict of interest and whistleblower policies, which contribute to transparency and ethical operations. Also noteworthy is its commitment to collecting and utilizing feedback, scoring 100 in both areas, which suggests a strong emphasis on community engagement and responsiveness to stakeholder needs.
However, the Culture & Community score of 86 indicates there may be room for improvement in fostering an inclusive and vibrant organizational culture. Additionally, its Equity Strategies score of 79 suggests that while progress is being made, there may be areas to enhance its focus on equity and inclusion within its practices. Overall, Habitat For Humanity Of Greater Nashville is a well-rated nonprofit that continues to strive for growth and improvement in its community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Greater Nashville legitimate?
Habitat For Humanity Of Greater Nashville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Nashville 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: $317,182
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,767,293
For more financial information, click here
Official website here: www.habitatnashville.org
What is the mission statement of Habitat For Humanity Of Greater Nashville?
Habitat for Humanity of Greater Nashville aims to provide the life-changing opportunity for people to purchase and own affordable homes, fostering dignity and safer neighborhoods. Through partnerships with local governments, corporations, and faith organizations, this non-profit organization helps individuals and families build greater stability and equity through homeownership. The homeownership program prepares qualified applicants through educational classes, while shared experiences are created on the build site with thousands of local volunteers from diverse backgrounds. Habitat for Humanity also operates a social enterprise, The Restore, which diverts over 1,500 tons of materials from city landfills annually and generates revenue to support the ministry's work.
Official website here: www.habitatnashville.org
Who is the CEO of Habitat For Humanity Of Greater Nashville?
Danny Herron is the Chair of Habitat For Humanity Of Greater Nashville. The CEO's salary of Habitat For Humanity Of Greater Nashville is $166,414 and their total compensation is $176,820.
Official website here: www.habitatnashville.org
What is the revenue of Habitat For Humanity Of Greater Nashville?
Habitat For Humanity Of Greater Nashville's revenue in 2023 was $20,645,171.
Official website here: www.habitatnashville.org
Who are the executives of Habitat For Humanity Of Greater Nashville and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Nashville during 2023 was $48,053. There are 85 employees and 4220 volunteers at Habitat For Humanity Of Greater Nashville.
Here are 41 key members and their salaries (Habitat For Humanity Of Greater Nashville's CEO's salary is $166,414 and their total compensation is $176,820):
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Official website here: www.habitatnashville.org
Where can I find the form 990 for Habitat For Humanity Of Greater Nashville?
Habitat For Humanity Of Greater Nashville's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatnashville.org
Learn more at the official website: www.habitatnashville.org
Mission Statement of Habitat For Humanity Of Greater Nashville
Habitat for Humanity of Greater Nashville is a nonprofit organization that offers life-changing opportunities for individuals and families to purchase and own quality, affordable homes. Through collaborations with local governments, corporations, and faith organizations, this charitable entity has enabled over a thousand people in five counties to attain greater stability and equity through homeownership, celebrating its milestone of 1,000 homeowners in 2022.
Habitat for Humanity's mission is to put God's love into action by bringing people together to build homes, communities, and hope. Through its Homeownership Program, the organization prepares eligible applicants for homeownership through rigorous education courses. This unique process fosters shared hopes and experiences between the homebuyers and thousands of local volunteers, who come from diverse cultural and socioeconomic backgrounds. Together, they work on the build site, creating a sense of community and shared purpose.
Additionally, Habitat for Humanity of Greater Nashville operates the Restore, a social enterprise that diverts over 1,500 tons of materials from city landfills annually. This initiative generates revenue to support the organization's crucial work, demonstrating its commitment to sustainability and community development. By providing affordable housing and fostering community engagement, Habitat for Humanity of Greater Nashville plays a pivotal role in creating safer neighborhoods and offering hope to those it serves.
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Impact
October, 2024
Habitat for Humanity of Greater Nashville provides individuals and families with the opportunity to purchase and own quality, affordable homes, fostering dignity and stability in their lives. Through its efforts, the organization has contributed to the creation of safer neighborhoods for children and has established pathways of hope for countless residents.
In collaboration with local government, corporations, and faith organizations, it has made significant strides in homeownership, celebrating the completion of its 1,000th home in 2022. These initiatives not only help families achieve greater economic stability but also allow them to build equity. The homeowners’ journey begins with education classes, ensuring they are well-prepared for the responsibilities of ownership.
The organization's commitment extends beyond home construction. Its social enterprise, the ReStore, operates in three counties, diverting more than 1,500 tons of materials from landfills each year, all while generating revenue to further its mission. By uniting volunteers from diverse backgrounds on build sites, Habitat for Humanity of Greater Nashville creates shared experiences that enrich the community fabric. Overall, the organization significantly impacts the lives of many, embedding hope and stability into the Nashville area.
This information is meant to be a general summary of Habitat For Humanity Of Greater Nashville. 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.
- Investment Income: $334,230
- Program Service Revenue: $9,260,560
- Gross Receipts: $24,120,280
Assets and Liabilities:
- Total Assets: $76,938,500
- Total Liabilities: $38,530,978
- Net Assets: $38,407,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$5,561,950
THDA/BANK DISCOUNTS
Revenue
$1,802,866
MORTGAGE DISCOUNTS
Revenue
$1,447,206
APPRECIATION FROM HOME SALES
Revenue
$291,208
SECOND MORTGAGE PAYOFFS
Revenue
$88,175
Organization Details
Founding Year
1985
Phone
(615) 942-1220Principal Officer
Danny Herron
Main Address
414 HARDING PLACE 100, NASHVILLE, TN, 37211
Website
www.habitatnashville.orgNTEE Category
Code: L20 - Housing
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