Overview
What is Habitat For Humanity Of Metro Denver Inc?
Habitat for Humanity of Metro Denver Inc is a nonprofit organization based in Denver, Colorado, focused on providing affordable housing solutions for families whose income is 80% or less of the area median income. They construct new homes and rehabilitate existing ones, selling them to eligible families through an application process. Eligible applicants must demonstrate a need for stable and affordable housing, meet financial requirements, and contribute sweat equity to help build their home and those of other Habitat families. In addition to their local efforts, they also support the construction of Habitat homes internationally. In FY23, they built and sold 20 new homes, 26 renovated homes, and provided critical exterior repairs to 101 homes. Their efforts aim to foster increased economic independence and self-reliance among homeowners and are driven by a mission to put God's love into action and build homes, communities, and hope.
Official website here: www.habitatmetrodenver.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99%
Habitat for Humanity of Metro Denver Inc has achieved a Four-Star out of Four Star rating on Charity Navigator, indicating a high level of transparency and accountability. The organization excels in its Accountability & Finance score, which stands at a perfect 100%, reflecting efficient use of resources and strong financial oversight. Additionally, the organization boasts a robust independent board and comprehensive policies to prevent conflicts of interest, ensuring a high level of governance.
User feedback highlights positive experiences with the organization, particularly regarding its ReStores, which are well-received for their community impact. Reviewers appreciate the opportunity to engage with Habitat Metro Denver and contribute to its mission, suggesting a strong connection between the nonprofit and its supporters.
While the overall ratings are impressive, there is no significant feedback highlighting limitations or areas for improvement. The strong performance across various metrics suggests that Habitat for Humanity of Metro Denver is well-managed and effective in its mission to provide housing solutions and promote community development.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Of Metro Denver Inc legitimate?
Habitat For Humanity Of Metro Denver Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Metro Denver 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: $1,157,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,051,066
For more financial information, click here
Official website here: www.habitatmetrodenver.org
What is the mission statement of Habitat For Humanity Of Metro Denver Inc?
Habitat for Humanity of Metro Denver Inc strives to bring people together to construct homes and communities, instilling hope. Guided by a faith-based belief, the organization collaborates with individuals to build and sell affordable homes to families in need. These families, whose income falls below the area median, are also required to contribute sweat equity towards the construction of their homes and those of their fellow Habitat families. In FY23, over 250 families were served through the sale and renovation of homes, both locally and globally. Homeownership applicants must demonstrate a need for stable and affordable housing, meet financial requirements, and commit to partnership obligations. The sold homes are not for profit, with below-market interest rate loans ensuring accessibility for eligible families.
Official website here: www.habitatmetrodenver.org
Who is the CEO of Habitat For Humanity Of Metro Denver Inc?
Jaime Gomez is the Secretary of Habitat For Humanity Of Metro Denver Inc. The CEO's salary of Habitat For Humanity Of Metro Denver Inc is $217,911 and their total compensation is $234,910.
Official website here: www.habitatmetrodenver.org
What is the revenue of Habitat For Humanity Of Metro Denver Inc?
Habitat For Humanity Of Metro Denver Inc's revenue in 2023 was $29,673,687.
Official website here: www.habitatmetrodenver.org
Who are the executives of Habitat For Humanity Of Metro Denver Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Metro Denver Inc during 2023 was $45,350. There are 181 employees and 5770 volunteers at Habitat For Humanity Of Metro Denver Inc.
Here are 31 key members and their salaries (Habitat For Humanity Of Metro Denver Inc's CEO's salary is $217,911 and their total compensation is $234,910):
- 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: $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: $217,911
- Related: $0
- Other: $16,999
- Compensation: $162,025
- Related: $0
- Other: $13,052
- Compensation: $153,814
- Related: $0
- Other: $13,467
- Compensation: $121,280
- Related: $0
- Other: $9,244
- Compensation: $81,503
- Related: $0
- Other: $7,251
- Compensation: $87,629
- Related: $0
- Other: $10,982
- Compensation: $133,420
- Related: $0
- Other: $6,700
- Compensation: $28,029
- Related: $0
- Other: $135
- Compensation: $11,062
- Related: $0
- Other: $0
- Compensation: $81,533
- Related: $0
- Other: $1,187
Official website here: www.habitatmetrodenver.org
Where can I find the form 990 for Habitat For Humanity Of Metro Denver Inc?
Habitat For Humanity Of Metro Denver Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatmetrodenver.org
Learn more at the official website: www.habitatmetrodenver.org
Mission Statement of Habitat For Humanity Of Metro Denver Inc
Habitat for Humanity of Metro Denver Inc is a nonprofit organization that strives to bring people together to build homes, communities, and hope. Rooted in the belief that everyone deserves a decent and stable living environment, the organization constructs and sells new and rehabilitated homes to families whose income is 80% or less of the area median income. In the fiscal year 2023, Habitat for Humanity of Metro Denver Inc built and sold 20 new homes and 26 renovated homes, serving 254 families.
Through its Neighborhood Revitalization Program, the organization also provides critical exterior repairs to qualifying homeowners. Families interested in participating in the homeownership program must meet certain requirements. They must currently be in need of decent and affordable housing, meet the financial requirements, and be willing to help build their home and contribute sweat equity to help build the homes of other Habitat families.
Homebuyer education classes offered by the organization foster increased economic independence and self-reliance for the families. Homes are sold with no profit motive and using below-market interest rate loans. The monthly mortgage payment made by the families not only helps them secure a stable home but also contributes to funding more Habitat homes. By following this sustainable model, Habitat for Humanity of Metro Denver Inc continues to provide opportunities for families to build a better future for themselves and their communities.
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
October, 2024
Habitat for Humanity of Metro Denver Inc significantly impacts the local community by addressing the urgent need for affordable housing. In the most recent fiscal year, the organization built and sold 20 new homes while rehabilitating an additional 26 homes. Through its neighborhood revitalization initiatives, it provided critical exterior repairs for 101 homes, ultimately serving a total of 254 families.
This organization empowers families whose income is 80% or less than the area median, offering them not just a home, but a sense of stability and hope. Potential homeowner families undergo a thorough application process, ensuring they meet specific criteria, including a genuine need for decent housing, financial eligibility, and a willingness to contribute time and effort in the construction process.
By requiring families to participate in home buyer education classes and contribute sweat equity, Habitat fosters economic independence and self-reliance. The homes are sold at below-market interest rates without a profit motive, which allows families to manage their mortgage payments more easily. Interestingly, these payments help generate the funds necessary for building more homes, creating a sustainable cycle of support within the community. Additionally, through partnerships, the organization contributed to the construction of 88 homes worldwide, extending its positive impact beyond the local area.
This information is meant to be a general summary of Habitat For Humanity Of Metro Denver 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 2023.
- Investment Income: $581,080
- Program Service Revenue: $12,301,846
- Gross Receipts: $31,334,125
Assets and Liabilities:
- Total Assets: $75,848,992
- Total Liabilities: $19,840,235
- Net Assets: $56,008,757
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
$11,416,399
MORTGAGE INTEREST INCOME
Revenue
$885,447
Organization Details
Founding Year
1979
Phone
(303) 534-2929Principal Officer
Jaime Gomez
Main Address
7535 E HAMPDEN AVE, DENVER, CO, 80231
Website
www.habitatmetrodenver.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Metro Denver 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.