Overview
What is Central Oklahoma Habitat For Humanity Inc?
Central Oklahoma Habitat for Humanity Inc. is a nonprofit, ecumenical Christian housing ministry based in Oklahoma City, Oklahoma. Their mission is to build simple, decent, and affordable homes for responsible, hard-working, limited-income families living in substandard conditions. By partnering with God and the community, they strive to provide hope and create a sense of community through their housing projects. They achieve this by constructing homes using donated materials, labor, and selling them at cost with below-market interest rates. The mortgage payments from these homes are then recycled to fund the construction of additional homes, reducing the need for fundraising. The organization employs around 50 individuals and has been instrumental in helping 29 families purchase houses within the last year.
Official website here: www.cohfh.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating:** 96% (Four-Star out of Four Star rating)
Central Oklahoma Habitat for Humanity Inc. has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong accountability and finance score of 96%. This high rating indicates a commitment to transparency and responsible financial management, with key benchmarks met such as an independent board of directors and no reported material diversion of assets.
Strengths of the organization include a robust program expense ratio of nearly 90%, demonstrating a significant majority of funds directed towards program services rather than administrative costs. Their financial practices are solid, featuring a clean audit and policies in place for conflict of interest, whistleblower protections, and document retention. However, it is important to note that the organization has not been scored on areas like Impact & Measurement, Culture & Community, or Leadership & Adaptability, suggesting potential gaps in their reporting and evaluation processes.
Unfortunately, user reviews from GreatNonprofits are not available for this charity, which limits insight into community feedback and experiences. Overall, Central Oklahoma Habitat for Humanity Inc. appears to operate with strong financial principles and accountability, but further information on their broader impact may be beneficial for prospective supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Central Oklahoma Habitat For Humanity Inc legitimate?
Central Oklahoma Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Oklahoma Habitat For Humanity 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: $338,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,167,874
For more financial information, click here
Official website here: www.cohfh.org
What is the mission statement of Central Oklahoma Habitat For Humanity Inc?
Central Oklahoma Habitat for Humanity, as a nonprofit organization, works in collaboration with the community and God to construct simple, decent, and affordable housing for families with limited income who are in substandard living conditions. The mission of Central Oklahoma Habitat for Humanity is to embody God's love by bringing people together to build homes, foster community, and instill hope, aiming to realize a vision where everyone has access to a decent living space. Through partnerships, the organization provides an opportunity for responsible and hard-working individuals to purchase homes, which are built using donated materials, labor, and sold at cost with a below-market interest rate. Mortgage payments from these homes are then recycled to fund the construction of additional new homes, reducing the need for fundraising.
Official website here: www.cohfh.org
Who is the CEO of Central Oklahoma Habitat For Humanity Inc?
Ann Felton Gilliland is the Vice Chairman of Central Oklahoma Habitat For Humanity Inc. The CEO's salary of Central Oklahoma Habitat For Humanity Inc is $211,978 and their total compensation is $218,213.
Official website here: www.cohfh.org
What is the revenue of Central Oklahoma Habitat For Humanity Inc?
Central Oklahoma Habitat For Humanity Inc's revenue in 2022 was $10,033,283.
Official website here: www.cohfh.org
Who are the executives of Central Oklahoma Habitat For Humanity Inc and what are their salaries?
The average compensation at Central Oklahoma Habitat For Humanity Inc during 2022 was $50,125. There are 50 employees and 4548 volunteers at Central Oklahoma Habitat For Humanity Inc.
Here are 20 key members and their salaries (Central Oklahoma Habitat For Humanity Inc's CEO's salary is $211,978 and their total compensation is $218,213):
- 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
- 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: $4,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $211,978
- Related: $0
- Other: $6,235
- Compensation: $109,895
- Related: $0
- Other: $8,483
- Compensation: $120,242
- Related: $0
- Other: $3,631
- Compensation: $128,522
- Related: $0
- Other: $9,044
Official website here: www.cohfh.org
Where can I find the form 990 for Central Oklahoma Habitat For Humanity Inc?
Central Oklahoma Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cohfh.org
Learn more at the official website: www.cohfh.org
Mission Statement of Central Oklahoma Habitat For Humanity Inc
Central Oklahoma Habitat for Humanity is a nonprofit, ecumenical Christian housing ministry that works in partnership with the community and God to build simple, decent, and affordable homes for responsible, hard-working, limited-income families living in substandard conditions. Their mission is to put God's love into action by bringing people together to construct homes, communities, and hope, striving towards a world where everyone has a decent place to live.
By collaborating with individuals and communities, Central Oklahoma Habitat for Humanity builds homes using donated materials and labor, selling them at cost with a below-market interest rate. The mortgage payments from these homes are then recycled to fund the construction of more new homes, reducing the organization's need for fundraising efforts. In essence, Central Oklahoma Habitat for Humanity empowers families in need by providing them with an opportunity to own a home and contribute to the betterment of their community.
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
Central Oklahoma Habitat For Humanity Inc's impact lies in its mission to provide simple, decent, and affordable housing for limited-income families living in substandard conditions. By partnering with the community and utilizing donated materials and labor, the organization built 29 new homes in the year ending June 30, 2022. These homes are sold at cost with below-market interest rates, enabling limited-income homeowners to purchase them. Additionally, the mortgage payments are recycled to fund the construction of more new homes, reducing the need for extensive fundraising efforts. The organization's work not only provides families with a place to call home but also fosters a sense of community and hope for a better future.
This information is meant to be a general summary of Central Oklahoma Habitat For Humanity 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: -$24,559
- Program Service Revenue: $5,178,656
- Gross Receipts: $11,175,731
Assets and Liabilities:
- Total Assets: $16,832,323
- Total Liabilities: $1,932,279
- Net Assets: $14,900,044
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.
HOME SALES
Revenue
$4,269,232
AMORTIZATION OF MORTGA
Revenue
$675,420
ENERGY REBATES
Revenue
$94,357
Organization Details
Founding Year
1986
Phone
(405) 232-4828Principal Officer
Ann Felton Gilliland
Main Address
5005 S I-35 SERVICE ROAD, OKLAHOMA CITY, OK, 73129
Website
www.cohfh.orgNTEE Category
Code: L80 - Housing
If you are a representative of Central Oklahoma Habitat For Humanity Inc 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.