Overview
What is Amarillo Habitat For Humanity Inc?
Amarillo Habitat for Humanity Inc. is a compassionate nonprofit organization situated in Amarillo, Texas. Their primary mission is to construct homes for low-income families, providing them with affordable housing solutions. They finance these homes and sell them at cost, accompanied by an interest-free mortgage. In addition to building homes, they also require partner families to complete educational programs to enhance their financial understanding and familiarize themselves with home ownership responsibilities. The organization's mission is deeply rooted in faith, aiming to instill God's love by bringing people together to build homes, foster communities, and inspire hope. With a dedicated team of 36 employees, Amarillo Habitat for Humanity Inc. is committed to enhancing living conditions and fostering a sense of community within its service area.
Official website here: www.amarillohabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating.
Amarillo Habitat For Humanity Inc has achieved a solid score of 81%, reflecting its commitment to accountability and finance. The charity's rating is based on a single beacon score, which emphasizes its strong fiscal management. Notably, the organization has a fully independent board, with 100% of its members meeting this criterion, contributing to a transparent and accountable governance structure.
The nonprofit demonstrates effective financial practices, with a program expense ratio of 81.14%, indicating that a significant portion of its budget is directed towards its programs. The organization also shows no material diversion of assets, highlighting its reliability and trustworthiness. Additional strengths include documented policies for conflict of interest, whistleblower protection, and retention of records, which all contribute to its solid governance framework.
While the rating is commendable, it is important for potential donors and volunteers to consider that the score is solely based on financial metrics, without insight into the broader impact of the organization's programs. This limitation suggests that while Amarillo Habitat For Humanity Inc is doing well financially, further evaluation of its programmatic outcomes would provide a more complete picture of its effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Amarillo Habitat For Humanity Inc?
94% of 23 reviewers on Facebook recommend Amarillo Habitat For Humanity Inc. Here is a summary of their reviews:
Many individuals praise the organization for its commitment to helping the community and providing meaningful volunteer opportunities. One reviewer highlighted the nonprofit as an excellent place to fulfill volunteer hours, suggesting it is both fulfilling and worthwhile.
Overall, it seems that Amarillo Habitat For Humanity Inc delivers on its mission to support those in need and engage the community, leading to high satisfaction among those involved with the organization.
This AI summary has been generated from reviews found on Facebook.
Is Amarillo Habitat For Humanity Inc legitimate?
Amarillo Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amarillo 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $436,235
For more financial information, click here
Official website here: www.amarillohabitat.org
What is the mission statement of Amarillo Habitat For Humanity Inc?
Amarillo Habitat for Humanity Inc. is dedicated to embodying God's love in action by bringing together individuals to construct homes, communities, and a sense of hope. Their primary mission is to assist low-income homebuyers by financing and selling homes at cost, with an interest-free mortgage. The organization also requires each family partner to complete 30 hours of educational programs, helping them better manage their finances and understand home ownership responsibilities. By doing so, Amarillo Habitat for Humanity Inc. aims to contribute to the well-being of families and communities, promoting a sense of hope and self-sufficiency.
Official website here: www.amarillohabitat.org
Who is the CEO of Amarillo Habitat For Humanity Inc?
Alason Moorhead is the Executive Di of Amarillo Habitat For Humanity Inc.
Official website here: www.amarillohabitat.org
What is the revenue of Amarillo Habitat For Humanity Inc?
Amarillo Habitat For Humanity Inc's revenue in 2022 was $981,985.
Official website here: www.amarillohabitat.org
Who are the executives of Amarillo Habitat For Humanity Inc and what are their salaries?
The average compensation at Amarillo Habitat For Humanity Inc during 2022 was $13,784. There are 36 employees and 290 volunteers at Amarillo Habitat For Humanity Inc.
Here are 14 key members and their salaries:
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Official website here: www.amarillohabitat.org
Where can I find the form 990 for Amarillo Habitat For Humanity Inc?
Amarillo Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amarillohabitat.org
Learn more at the official website: www.amarillohabitat.org
Mission Statement of Amarillo Habitat For Humanity Inc
Amarillo Habitat for Humanity Inc is a nonprofit organization with a mission to embodiment of divine love. They aim to unite individuals, fostering a sense of community and hope, by constructing homes for low-income homebuyers. The organization takes an active role in financing these residences, selling them to their partner families at cost, and providing interest-free mortgages. Amarillo Habitat for Humanity Inc also requires each family partner to undergo 30 hours of educational programs. These programs are designed to enhance their financial literacy and familiarize them with the responsibilities associated with home ownership. The organization's mission is a testament to its commitment to uplifting families and communities, instilling a sense of pride and self-sufficiency.
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Impact
July, 2024
Amarillo Habitat For Humanity Inc's impact is significant in the Amarillo community. By building homes for low-income homebuyers and providing them with financing at cost with an interest-free mortgage, the organization is helping families achieve the dream of homeownership. Additionally, requiring each family partner to complete educational programs on personal finances and homeownership responsibilities demonstrates a commitment to empowering individuals to thrive in their new homes. Through these efforts, Amarillo Habitat For Humanity Inc is not only providing housing but also building stronger communities and fostering hope for a brighter future.
This information is meant to be a general summary of Amarillo 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.
- Program Service Revenue: $616,599
- Gross Receipts: $981,985
Assets and Liabilities:
- Total Assets: $3,376,766
- Total Liabilities: $978,561
- Net Assets: $2,398,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$616,259
MORTGAGE DISCOUNT AMORTIZATIO
Revenue
$99,038
NET SALES OF HOMES
Revenue
$54,816
HOMEOWNER FEES
Revenue
$10,508
COST OF HOMES SOLD
Revenue
-$164,022
Organization Details
Founding Year
1981
Phone
(806) 383-3456Principal Officer
Alason Moorhead
Main Address
PO BOX 775, AMARILLO, TX, 79105
Website
www.amarillohabitat.orgNTEE Category
Code: L20Z - Housing
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