Overview
What is Rio Grande Habitat For Humanityinc?
Rio Grande Habitat for Humanityinc, situated in Mcallen, Texas, is a dedicated nonprofit organization with a primary focus on housing. Their mission is to assist low-income families by providing them with homes. This involves engaging in housing development and management activities. By doing so, they contribute significantly to improving the living conditions of families in need. The organization, while not specified in the information, likely employs a workforce to carry out its mission and may collaborate with local authorities and communities to identify and address housing needs.
Official website here: www.habitatrgv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating
Rio Grande Habitat for Humanity, Inc. has received an 86% score from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based solely on a single beacon score, which reflects the charity's commitment to transparency and financial health. The organization has achieved full marks in several areas, including having a majority independent board and robust financial oversight practices.
Strengths noted include an independent board composition, with all members being independent, and comprehensive financial statements reviewed by an audit and oversight committee. Additionally, the charity has demonstrated a low material diversion of assets and maintains clear and accessible records, such as board meeting minutes and a conflict of interest policy.
However, there is a noted limitation regarding their whistleblower policy, which is currently missing and consequently impacted their overall score in that area. Despite this, the organization has a strong program expense ratio, indicating that a significant portion of its resources is directed towards its core mission. Overall, Rio Grande Habitat for Humanity demonstrates good financial practices and governance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rio Grande Habitat For Humanityinc legitimate?
Rio Grande Habitat For Humanityinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Grande Habitat For Humanityinc 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: $64,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,015
For more financial information, click here
Official website here: www.habitatrgv.org
What is the mission statement of Rio Grande Habitat For Humanityinc?
Rio Grande Habitat for Humanity, as a housing development or management nonprofit, is committed to providing homes for families with low income. Their mission is centered around alleviating housing issues for those in need, aiming to make homeownership an achievable goal for these families. The organization works towards this goal by developing and managing housing solutions, ensuring that affordable homes are made available to those who require them.
Official website here: www.habitatrgv.org
Who is the CEO of Rio Grande Habitat For Humanityinc?
Mariano Ayala is the Interim Executive Director of Rio Grande Habitat For Humanityinc.
Official website here: www.habitatrgv.org
What is the revenue of Rio Grande Habitat For Humanityinc?
Rio Grande Habitat For Humanityinc's revenue in 2022 was $1,034,658.
Official website here: www.habitatrgv.org
Who are the executives of Rio Grande Habitat For Humanityinc and what are their salaries?
The average compensation at Rio Grande Habitat For Humanityinc during 2022 was $12,407. There are 28 employees and 216 volunteers at Rio Grande Habitat For Humanityinc.
Here are 10 key members and their salaries:
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- Compensation: $40,837
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Official website here: www.habitatrgv.org
Where can I find the form 990 for Rio Grande Habitat For Humanityinc?
Rio Grande Habitat For Humanityinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatrgv.org
Learn more at the official website: www.habitatrgv.org
Mission Statement of Rio Grande Habitat For Humanityinc
Rio Grande Habitat for Humanity is a dedicated nonprofit organization with a mission to provide homes for families with limited income. This housing development or management nonprofit operates with the goal of making homeownership a reality for those who might otherwise struggle to afford it. By offering homes to low-income families, Rio Grande Habitat for Humanity contributes to the well-being and stability of these families, enabling them to build a better future.
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Impact
July, 2024
Rio Grande Habitat for Humanity has a significant impact on the community by providing homes for low-income families in Mcallen, TX. Their mission to provide affordable housing helps families achieve stability and security, ultimately improving their quality of life. Through their efforts, Rio Grande Habitat for Humanity contributes to addressing the issue of housing insecurity and homelessness in the region.
This information is meant to be a general summary of Rio Grande Habitat For Humanityinc. 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: $529,617
- Program Service Revenue: $72,311
- Gross Receipts: $1,161,097
Assets and Liabilities:
- Total Assets: $2,560,963
- Total Liabilities: $1,025,830
- Net Assets: $1,535,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT EARNED
Revenue
$60,821
PROGRAM FEES
Revenue
$11,490
Organization Details
Founding Year
1988
Phone
(956) 686-7455Principal Officer
Mariano Ayala
Main Address
PO BOX 4318, MCALLEN, TX, 78502
Website
www.habitatrgv.orgNTEE Category
Code: L20 - Housing
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