Overview
What is Waco Habitat For Humanity?
Waco Habitat for Humanity is a nonprofit organization that prioritizes providing affordable housing solutions to low-income families. Based in Waco, Texas, they primarily rely on volunteer labor to construct homes. These homes are sold at cost to the families with zero-interest mortgages, making homeownership attainable for those with limited financial means. In addition to new home construction, Waco Habitat also contributes to building homes in El Salvador and Nicaragua. As of June 30, 2022, they had 102 active mortgages. Homeowners receive support services, such as pre-purchase education and ongoing budget counseling. Waco Habitat's mission extends beyond home construction, as they also perform critical home repairs and build wheelchair ramps for eligible homeowners. The organization aims to provide a decent house in a decent community, promoting affordable housing and its partnership housing program to the general public.
Official website here: www.wacohabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
Waco Habitat For Humanity has achieved an outstanding Four-Star out of Four Star rating from Charity Navigator, reflecting its exemplary performance in Accountability & Finance. The charity's score is entirely based on its commitment to financial transparency and responsible management, with a perfect score of 100 in this area, indicating that it operates with a high level of integrity and oversight.
The organization boasts a fully independent board of directors, contributing to its robust governance structure. With eight out of eight points for independent board members and a strong overall board size of 15, Waco Habitat For Humanity demonstrates a commitment to ethical practices and accountability. The charity also excels in financial oversight, as evidenced by its comprehensive audit and oversight committee, which received full marks.
While the ratings underscore the charity's strengths in governance and financial management, potential donors can feel confident in their contributions knowing that 74.01% of expenses are directed towards programs. This high program expense ratio suggests that funds are being effectively utilized to further the mission of providing affordable housing, with only a small percentage allocated to administrative costs. Overall, Waco Habitat For Humanity exemplifies a strong commitment to accountability, making it a reputable choice for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Waco Habitat For Humanity?
96% of 24 reviewers on Facebook recommend Waco Habitat for Humanity. Here is a summary of their reviews:
Many supporters express gratitude for the financial relief and assistance provided by the organization. Positive sentiments highlight the great customer service and the friendliness of the staff, making the experience enjoyable for those seeking help.
Overall, this charity appears to effectively fulfill its mission, leaving users feeling satisfied with the services offered, and they appreciate the support provided in their times of need.
This AI summary has been generated from reviews found on Facebook.
Is Waco Habitat For Humanity legitimate?
Waco Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Habitat For Humanity 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: $87,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,839
For more financial information, click here
Official website here: www.wacohabitat.org
What is the mission statement of Waco Habitat For Humanity?
Waco Habitat for Humanity is a non-profit, ecumenical Christian housing ministry that works towards providing decent homes in decent communities at an affordable cost for low-income families. They achieve this by constructing houses primarily with volunteer labor and selling them at cost through zero-interest mortgages to eligible homebuyers. Besides building homes, Waco Habitat for Humanity also conducts critical home repairs for low-income homeowners and constructs wheelchair ramps for those in need. As of June 30, 2022, the organization has completed 178 homes, sold one new home, and completed 440 critical home repair projects.
Official website here: www.wacohabitat.org
Who is the CEO of Waco Habitat For Humanity?
John Alexander is the President of Waco Habitat For Humanity.
Official website here: www.wacohabitat.org
What is the revenue of Waco Habitat For Humanity?
Waco Habitat For Humanity's revenue in 2022 was $1,688,581.
Official website here: www.wacohabitat.org
Who are the executives of Waco Habitat For Humanity and what are their salaries?
The average compensation at Waco Habitat For Humanity during 2022 was $17,739. There are 15 employees and 1192 volunteers at Waco Habitat For Humanity.
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- Compensation: $76,892
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- Other: $6,502
Official website here: www.wacohabitat.org
Where can I find the form 990 for Waco Habitat For Humanity?
Waco Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wacohabitat.org
Learn more at the official website: www.wacohabitat.org
Mission Statement of Waco Habitat For Humanity
Waco Habitat for Humanity, a non-profit organization, is dedicated to providing affordable housing to low-income families. As an ecumenical Christian housing ministry, it seeks to construct decent homes in decent communities at no-interest loans. The organization's primary method of operation involves utilizing volunteer labor to construct these homes, which are then sold at cost through zero-interest mortgages to eligible homebuyers.
Furthermore, Waco Habitat for Humanity extends its services beyond home construction. The non-profit also engages in critical home repairs for low-income homeowners and builds wheelchair ramps for those in need. As of June 30, 2022, the organization has made significant strides, having constructed 178 homes, sold one new home, and completed 440 critical home repair projects. These initiatives demonstrate Waco Habitat for Humanity's commitment to improving the living conditions of its community members.
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Impact
July, 2024
Waco Habitat For Humanity's impact can be seen in the 178 homes they have constructed, the 1 new home completed in the period of July 2021 - June 2022, and the 440 critical home repair projects they have undertaken. Additionally, they have provided $18,000 to construct 4 homes in El Salvador and Nicaragua, contributing to affordable housing internationally. By selling homes at cost through zero-interest mortgages, Waco Habitat For Humanity is making homeownership possible for low-income families. They also offer homeowner support services such as pre-purchase education and budget counseling, as well as public awareness and education on the need for affordable housing.
This information is meant to be a general summary of Waco Habitat For Humanity. 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: $8,243
- Program Service Revenue: $359,685
- Gross Receipts: $1,705,938
Assets and Liabilities:
- Total Assets: $4,171,989
- Total Liabilities: $234,335
- Net Assets: $3,937,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESTORE INCOME
Revenue
$144,479
MORTGAGE DISCOUNTS
Revenue
$116,536
HOME SALES
Revenue
$85,201
NRI- REPAIRS AND RAMPS
Revenue
$11,829
OTHER PROGRAM REVENUE
Revenue
$1,640
Organization Details
Founding Year
1986
Phone
(254) 537-3645Principal Officer
John Alexander
Main Address
PO BOX 2124, WACO, TX, 76703
Website
www.wacohabitat.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Waco Habitat For Humanity 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.