Habitat For Humanity Claremore Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731597061 ✦ Claremore, OK ✦ Designated as a 501(c)(3)

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Overview

What is Habitat For Humanity Claremore Inc?

Habitat for Humanity Claremore Inc, located in Claremore, Oklahoma, is a nonprofit organization dedicated to supporting families residing in homes constructed by local organizations. Their primary mission involves constructing houses for low-income families with zero-interest mortgages, which is achieved through cooperative efforts. They offer various levels of assistance to these families, including credit counseling, family budgeting, and home ownership guidance, among others. The organization operates with a small team of dedicated individuals, as indicated by their total employee count of 1.

Is Habitat For Humanity Claremore Inc legitimate?

Habitat For Humanity Claremore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Claremore 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: $33,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Habitat For Humanity Claremore Inc?

Habitat for Humanity Claremore Inc's primary mission is centered around constructing homes for families with lower income levels, offering them zero-interest mortgages. This cooperative approach is at the heart of the organization's purpose. Beyond home construction, the organization also provides various forms of support to families residing in these homes. This assistance extends to areas such as credit counseling, family budgeting, and education on home ownership, among others. The aim is to empower these families and help them manage their finances effectively, ensuring a stable living situation.

Who is the CEO of Habitat For Humanity Claremore Inc?

Chip Shepard is the President of Habitat For Humanity Claremore Inc.

What is the revenue of Habitat For Humanity Claremore Inc?

Habitat For Humanity Claremore Inc's revenue in 2021 was $202,337.

Who are the executives of Habitat For Humanity Claremore Inc and what are their salaries?

The average compensation at Habitat For Humanity Claremore Inc during 2021 was $33,250. There is 1 employee and 6 volunteers at Habitat For Humanity Claremore Inc.


Here are 7 key members and their salaries:


Chip Shepard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shadana Phillippi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Lippert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Dye (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kassie Mccoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jae Ho Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Forst (Executive Director)
  • Compensation: $18,250
  • Related: $0
  • Other: $0
Where can I find the form 990 for Habitat For Humanity Claremore Inc?

Habitat For Humanity Claremore Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Habitat For Humanity Claremore Inc

Habitat for Humanity Claremore Inc, as a nonprofit organization, is dedicated to a significant mission. Its primary purpose is to construct homes for low-income families, offering them the opportunity to own a house with zero-interest mortgages. This cooperative construction approach empowers families to become homeowners and build a stable living environment for themselves.

Beyond the construction of homes, Habitat for Humanity Claremore Inc also provides various levels of support to the families residing in these houses. This support extends to credit counseling, family budgeting, and home ownership education. By offering these additional resources, the organization aims to ensure the long-term success and sustainability of its homeowners, helping them to manage their finances and maintain their homes effectively.

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Impact




October, 2024

Habitat For Humanity Claremore Inc significantly impacts the community by providing low-income families with access to affordable housing through cooperative construction initiatives. By enabling the construction of houses and offering zero-interest mortgages, the organization helps families achieve homeownership, which can lead to greater stability and a sense of belonging.

In addition to building homes, the organization offers various support services, including credit counseling, family budgeting assistance, and homeownership education. These resources empower families not only to secure a home but also to manage their finances effectively, creating a foundation for long-term success and financial independence.

The collaborative approach to construction fosters a sense of community, as families work alongside volunteers to build their homes, reinforcing relationships and social networks. Overall, Habitat For Humanity Claremore Inc plays a vital role in transforming lives and strengthening the community by addressing the critical need for affordable housing and financial education.




This information is meant to be a general summary of Habitat For Humanity Claremore 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.

Revenue
$202,337 (2021)
Expenses
$183,840 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $199,353
  • Gross Receipts: $202,601

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE TO HOMEOWNERS

Revenue

$175,000

RESTORE SALES

Revenue

$24,353

Organization Details

Founding Year

2000

Principal Officer

Chip Shepard

Main Address

PO BOX 1213, CLAREMORE, OK, 74018

NTEE Category

Code: X00 - Religion related

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