Overview
What is Habitat For Humanity Of Butte County?
Habitat for Humanity of Butte County is a nonprofit organization situated in Chico, California. Their primary mission is to provide affordable and sustainable housing options for families with limited income, revitalizing neighborhoods in the process. The organization offers homeownership opportunities to families who struggle to secure conventional financing, falling within the income bracket of 50-80% of the area median income. The homeowners contribute through sweat equity hours, make a 2000 down payment, and take on a long-term, low-interest mortgage. With a workforce of 31 individuals, Habitat for Humanity of Butte County continues to build and improve living spaces for the community.
Official website here: www.buttehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Habitat For Humanity of Butte County has received an impressive rating of 97% from Charity Navigator, reflecting its strong financial health and effective governance practices. The charity boasts a perfect score for Accountability & Finance, demonstrating that it maintains a high level of transparency and responsibility in handling donations. Notably, all board members are independent, ensuring unbiased decision-making, and the organization has comprehensive policies in place to manage conflicts of interest and ensure proper oversight.
The financial metrics indicate robust operational efficiency, with a program expense ratio of 74.31%, meaning that a significant portion of its funds directly supports its mission. Additionally, the organization has a low liabilities to assets ratio of 26.70%, signifying a solid financial foundation. Its fundraising efficiency is also commendable, with only $0.10 spent to raise each dollar, illustrating effective resource management.
While the organization excels in many areas, ongoing evaluation and adaptation remain crucial to address any emerging challenges. Overall, Habitat For Humanity of Butte County stands out as a well-managed charity dedicated to its mission, making a positive impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Butte County?
74% of the three reviewers on Facebook recommend Habitat for Humanity of Butte County. Here is a summary of their insights:
Overall, the feedback highlights the nonprofit's value in providing affordable materials that significantly reduce costs for users. One individual notes that they can accomplish their projects with substantially less expense compared to larger retailers, emphasizing the efficiency and effectiveness of the supplies offered. This suggests that the organization plays a crucial role in aiding residents with budget-friendly solutions for home maintenance and improvement.
Additionally, the positive remarks indicate that users appreciate the mission of the nonprofit, reinforcing its reputation within the community. Overall, it appears that Habitat for Humanity of Butte County is successfully meeting the needs of those seeking accessible resources.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Butte County legitimate?
Habitat For Humanity Of Butte County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Butte County 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: $94,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $605,730
For more financial information, click here
Official website here: www.buttehabitat.org
What is the mission statement of Habitat For Humanity Of Butte County?
Habitat for Humanity of Butte County is dedicated to constructing affordable and sustainable housing, aiming to revitalize neighborhoods for families with limited income levels. This non-profit organization provides an opportunity for eligible families, who earn between 50-80% of the area median income, to become homeowners. The families contribute sweat equity hours towards their future residence and make a down payment of 2,000 dollars. Upon completion, they are granted a low-interest mortgage, with repayment terms ranging from 20 to 40 years. The selection process prioritizes families based on their need for housing, willingness to partner with Habitat, and their ability to repay a loan.
Official website here: www.buttehabitat.org
Who is the CEO of Habitat For Humanity Of Butte County?
Nicole Bateman is the Executive Di of Habitat For Humanity Of Butte County.
Official website here: www.buttehabitat.org
What is the revenue of Habitat For Humanity Of Butte County?
Habitat For Humanity Of Butte County's revenue in 2022 was $1,835,922.
Official website here: www.buttehabitat.org
Who are the executives of Habitat For Humanity Of Butte County and what are their salaries?
The average compensation at Habitat For Humanity Of Butte County during 2022 was $22,602. There are 31 employees and 9 volunteers at Habitat For Humanity Of Butte County.
Here are 10 key members and their salaries:
- Compensation: $94,923
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.buttehabitat.org
Where can I find the form 990 for Habitat For Humanity Of Butte County?
Habitat For Humanity Of Butte County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buttehabitat.org
Learn more at the official website: www.buttehabitat.org
Mission Statement of Habitat For Humanity Of Butte County
Habitat for Humanity of Butte County is committed to a mission that involves constructing affordable and sustainable housing units, as well as revitalizing neighborhoods, to cater to families with limited incomes. This nonprofit organization's primary goal is to offer homeownership opportunities to families who struggle to secure conventional house financing, typically earning between 50-80% of the area median income.
To achieve this mission, Habitat for Humanity of Butte County implements a unique program where eligible families work towards their homeownership through sweat equity hours. This means that the homeowners contribute labor hours towards building their own homes, in addition to making a 2,000 down payment and agreeing to a 20 to 40-year low-interest mortgage. This program not only provides families with an affordable living space but also instills a sense of pride and ownership in their homes.
By building affordable and sustainable housing, Habitat for Humanity of Butte County helps to revitalize neighborhoods and create vibrant communities. This, in turn, benefits all residents by improving the overall quality of life and fostering a sense of belonging. By selecting homeowners based on their need for housing, willingness to partner with Habitat, and their ability to repay a loan, the organization ensures that its mission is carried out effectively and sustainably, allowing families to build a better future for themselves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Habitat For Humanity Of Butte County's impact is significant in providing affordable and sustainable housing solutions for families with limited incomes in Chico, CA. Through their program, families who earn between 50-80% of the area median income are given homeownership opportunities that they might not have access to through conventional house financing. By requiring sweat equity hours, a down payment, and a low-interest mortgage, Habitat For Humanity empowers families to become homeowners and revitalize neighborhoods. Their focus on housing not only addresses the immediate needs of these families but also contributes to creating stronger communities and fostering stability for generations to come.
This information is meant to be a general summary of Habitat For Humanity Of Butte County. 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: $21,911
- Program Service Revenue: $91,388
- Gross Receipts: $2,240,441
Assets and Liabilities:
- Total Assets: $4,297,394
- Total Liabilities: $828,105
- Net Assets: $3,469,289
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT AMORT
Revenue
$91,388
Organization Details
Founding Year
1993
Phone
(530) 343-7423Principal Officer
Nicole Bateman
Main Address
220 MEYERS ST, CHICO, CA, 95928
Website
www.buttehabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Butte County and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.