Overview
What is Habitat For Humanity Of Greater Sacramento Inc?
Habitat for Humanity of Greater Sacramento is a nonprofit organization dedicated to building and preserving affordable homeownership opportunities in Sacramento and Yolo Counties for qualified low-income families, seniors, and veterans. Through their homeownership program, they offer families the chance to build and purchase their own home with an affordable mortgage and 500 hours of sweat equity. This initiative not only provides safe and stable shelter but also promotes physical and mental health, equity, financial health, educational outcomes, and workforce development opportunities. Additionally, Habitat offers home repair services and community projects to revitalize under-served neighborhoods. Their mission is to put God's love into action by creating homes, communities, and hope for thousands of individuals in the greater Sacramento region. With the support of the local community, they have made significant strides, including the completion of Mandolin Estates and the groundbreaking of Cornerstone, which will provide over 400 individuals with safe and decent housing.
Official website here: www.habitatgreatersac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Habitat For Humanity Of Greater Sacramento Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, as well as its commitment to community engagement. The organization excels in leadership and adaptability, with a perfect score in these areas, indicating robust governance and the ability to respond effectively to changing needs.
Strengths include a fully independent board and exemplary financial oversight, demonstrated by high scores in material diversion of assets and financial statement reviews. The organization also maintains a strong program expense ratio of 83.12%, ensuring that a significant portion of funds is directed towards its mission. Feedback mechanisms are also highly rated, showcasing the organization’s dedication to incorporating stakeholder input into its operations.
While the data shows a well-functioning nonprofit with minimal liabilities and effective fundraising efficiency, no significant limitations were noted. Overall, Habitat For Humanity Of Greater Sacramento Inc stands out as a reliable and impactful organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Greater Sacramento Inc legitimate?
Habitat For Humanity Of Greater Sacramento Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Sacramento 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: $301,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $993,268
For more financial information, click here
Official website here: www.habitatgreatersac.org
What is the mission statement of Habitat For Humanity Of Greater Sacramento Inc?
Habitat for Humanity of Greater Sacramento is a non-profit organization dedicated to putting God's love into action by building homes and communities. Their mission is to eliminate substandard housing through construction, rehabilitation, and preservation of homes, as well as advocacy for fair housing policies. They believe everyone deserves a simple, decent, and durable place to live in dignity and safety. The organization relies on community support in the form of volunteers, materials, services, and financial contributions to achieve its mission. Habitat for Humanity of Greater Sacramento is an empowerment program, providing a hand-up to working people towards homeownership and brighter futures.
Official website here: www.habitatgreatersac.org
Who is the CEO of Habitat For Humanity Of Greater Sacramento Inc?
Leah Miller is the President & Ceo of Habitat For Humanity Of Greater Sacramento Inc. The CEO's salary of Habitat For Humanity Of Greater Sacramento Inc is $123,462 and their total compensation is $125,931.
Official website here: www.habitatgreatersac.org
What is the revenue of Habitat For Humanity Of Greater Sacramento Inc?
Habitat For Humanity Of Greater Sacramento Inc's revenue in 2022 was $14,822,990.
Official website here: www.habitatgreatersac.org
Who are the executives of Habitat For Humanity Of Greater Sacramento Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Sacramento Inc during 2022 was $37,007. There are 35 employees and 2268 volunteers at Habitat For Humanity Of Greater Sacramento Inc.
Here are 14 key members and their salaries (Habitat For Humanity Of Greater Sacramento Inc's CEO's salary is $123,462 and their total compensation is $125,931):
- Compensation: $123,462
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- Other: $2,469
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- Other: $6,763
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Official website here: www.habitatgreatersac.org
Where can I find the form 990 for Habitat For Humanity Of Greater Sacramento Inc?
Habitat For Humanity Of Greater Sacramento Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatgreatersac.org
Learn more at the official website: www.habitatgreatersac.org
Mission Statement of Habitat For Humanity Of Greater Sacramento Inc
Habitat for Humanity of Greater Sacramento, a non-profit organization, is dedicated to putting God's love into action by constructing, rehabilitating, and preserving homes. Their ultimate goal is to eliminate substandard housing locally and worldwide and provide decent living conditions for all. By working together with the community, they rely on volunteers, materials, services, and financial contributions to bring about change.
Habitat for Humanity is more than just a housing organization; it is an empowerment program that offers a hand-up to working people, enabling them to achieve homeownership and secure a brighter future. They believe that everyone deserves a simple, decent, and durable place to live in dignity and safety. Through their mission, they aim to provide not only shelter but also a sense of hope and community.
Habitat for Humanity of Greater Sacramento is part of a global nonprofit, and their vision extends beyond their local community, reaching out to people everywhere to create a world where everyone has a decent place to live. They are committed to advocating for fair and just housing policies and providing training and resources to help families improve their shelter conditions. By combining their efforts with the community, Habitat for Humanity of Greater Sacramento is making a difference, one home and one family at a time.
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Impact
October, 2024
Habitat for Humanity of Greater Sacramento significantly enhances the lives of individuals and families in the region by providing affordable housing solutions and fostering community development. By building and revitalizing homes, neighborhoods, and communities, the organization has positively impacted over 31,100 individuals in the past five years, including many BIPOC, women, and children.
Through its homeownership program, families earning between 30-80% of the area median income have the opportunity to become homeowners with affordable, 30-year, 0% interest-equivalent mortgages. This enables them to secure safe, stable housing and build equity for future financial stability. In the last year alone, Habitat completed new homeownership opportunities for eight families, with additional homes currently under construction.
The benefits extend beyond housing. A significant portion of Habitat homeowners reported improvements in their overall health, linking stable and affordable housing with enhanced physical and mental wellbeing. Educational outcomes also improved, with over half of homeowners noting that household members pursued higher education after moving into their new homes. Furthermore, the organization offers first-time homebuyer education, empowering families to budget effectively and improve their credit, thereby increasing their chances of generational wealth.
Habitat's impact also includes extensive community engagement, with more than 1,500 volunteers contributing over 26,000 hours to various projects. The organization supports low-income homeowners through its Neighborhood Revitalization program, facilitating home repairs and community enhancement efforts such as community gardens and park upgrades.
Additionally, significant projects like Mandolin Estates and Cornerstone highlight Habitat's commitment to sustainable and inclusive community development, providing affordable and energy-efficient homes to hundreds of individuals. Through these initiatives, Habitat for Humanity of Greater Sacramento truly embodies its vision of a world where everyone has a decent place to live, creating hope and opportunity within the communities it serves.
This information is meant to be a general summary of Habitat For Humanity Of Greater Sacramento 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 2022.
- Investment Income: $11,645
- Program Service Revenue: $3,861,968
- Gross Receipts: $15,932,115
Assets and Liabilities:
- Total Assets: $20,575,642
- Total Liabilities: $4,238,698
- Net Assets: $16,336,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Accretion of Discount
Revenue
$624,428
Homes Transferred
Revenue
$3,237,540
Organization Details
Founding Year
1985
Phone
(916) 440-1215Principal Officer
Leah Miller
Main Address
819 North 10th Street, Sacramento, CA, 95811
Website
www.habitatgreatersac.orgNTEE Category
Code: L03 - Housing
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