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Habitat For Humanity Of Wichita Falls Inc

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

EIN: 752405936 ✦ Wichita falls, TX ✦ Designated as a 501(c)(3)

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Overview

What is Habitat For Humanity Of Wichita Falls Inc?

Habitat for Humanity of Wichita Falls Inc., a nonprofit organization based in Wichita Falls, Texas, is committed to providing affordable housing solutions. They achieve this by collaborating with families in need and the local community, using volunteer labor, donated materials, and funds to construct or renovate homes. In the year ending June 30, 2022, they built and sold one new home to a qualified family, while rehabilitating and selling no additional homes during the same period. The organization is fueled by the dedication of over 568 community members who volunteered their time and resources to support this cause. Habitat for Humanity of Wichita Falls Inc. operates as a Christian housing ministry, partnering with individuals in need to build decent, affordable housing and contribute to neighborhood revitalization.


Official website here: www.habitatwf.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Habitat for Humanity of Wichita Falls Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The high score indicates that the organization effectively manages its resources, ensuring transparency and responsible governance. This rating is based entirely on the organization's financial practices and governance structures rather than its programmatic impact.

The nonprofit boasts a fully independent board, consisting of 12 members, and has implemented comprehensive financial oversight measures. It has received perfect scores in areas such as financial statements, conflict of interest policies, and asset management, showcasing its commitment to accountability. Furthermore, the organization maintains a low liabilities to assets ratio of 1.40%, indicating a solid financial position.

While the rating highlights the strengths in governance and financial management, it does not provide information on the impact of the organization's programs or services. Nonetheless, the high program expense ratio of 75.88% suggests that a significant portion of its budget is directed towards programmatic activities, aligning with its mission to provide housing assistance.


This AI summary has been generated from information found on Charity Navigator.

Is Habitat For Humanity Of Wichita Falls Inc legitimate?

Habitat For Humanity Of Wichita Falls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Wichita Falls 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: $55,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,761

For more financial information, click here


Official website here: www.habitatwf.com

What is the mission statement of Habitat For Humanity Of Wichita Falls Inc?

Habitat for Humanity of Wichita Falls, Inc. operates as a Christian housing ministry, collaborating with individuals in need to construct decent, affordable housing and revitalize communities. Their mission is rooted in building partnerships with divinely inspired individuals, aiming to create affordable homeownership opportunities by allocating sites to eligible families. This is achieved through the involvement of community volunteers who donate their labor, materials, and funds to construct or renovate these homes. In the fiscal year ending June 30, 2022, the organization built and sold one new home to a qualified family and did not rehabilitize and sell any additional homes during that period. Over 568 community members contributed to this cause by volunteering their time and donating services and materials. Habitat for Humanity of Wichita Falls, Inc. extends its mission by sharing the love of Christ and working to provide decent, affordable housing to new family members throughout the year.


Official website here: www.habitatwf.com

Who is the CEO of Habitat For Humanity Of Wichita Falls Inc?

William Goodner is the Director of Habitat For Humanity Of Wichita Falls Inc.


Official website here: www.habitatwf.com

What is the revenue of Habitat For Humanity Of Wichita Falls Inc?

Habitat For Humanity Of Wichita Falls Inc's revenue in 2022 was $559,587.


Official website here: www.habitatwf.com

Who are the executives of Habitat For Humanity Of Wichita Falls Inc and what are their salaries?

The average compensation at Habitat For Humanity Of Wichita Falls Inc during 2022 was $27,136. There are 8 employees and 568 volunteers at Habitat For Humanity Of Wichita Falls Inc.


Here are 15 key members and their salaries:


Carla Barton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Rugeley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Cannedy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Thueson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Bacus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Hill (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Crossland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Standifer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Gray (Former Executive Director)
  • Compensation: $45,269
  • Related: $0
  • Other: $0
Janet Monkres (Former Executive Director)
  • Compensation: $11,635
  • Related: $0
  • Other: $0
William Goodner (Executive Director)
  • Compensation: $35,741
  • Related: $0
  • Other: $0


Official website here: www.habitatwf.com

Where can I find the form 990 for Habitat For Humanity Of Wichita Falls Inc?

Habitat For Humanity Of Wichita Falls Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.habitatwf.com

Learn more at the official website: www.habitatwf.com

Mission Statement of Habitat For Humanity Of Wichita Falls Inc

Habitat for Humanity of Wichita Falls, Inc. is a Christian housing ministry that operates with a mission to work in partnership with those in need to construct decent, affordable housing and revitalize neighborhoods. This nonprofit organization collaborates with individuals and communities to allocate suitable housing sites to families, engaging volunteers to construct or renovate homes using donated labor, materials, and funds. By the end of June 2022, Habitat for Humanity of Wichita Falls, Inc. constructed and sold one new home to a qualified family, and rehabilitated and sold no additional homes during the same period. The charity's efforts attracted over 568 community members who volunteered their time, services, and materials to contribute to these housing projects. Throughout the year, Habitat for Humanity of Wichita Falls, Inc. shares the love of Christ while working towards providing decent, affordable housing for new family members.

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Impact




July, 2024

Habitat For Humanity Of Wichita Falls Inc's impact can be seen in the creation of affordable homeownership opportunities for families in need. By matching sites to families and engaging community volunteers to build or rehabilitate homes using donated labor, materials, and funds, the organization has made a significant difference in the lives of those it serves. In the past year, they built and sold a new home to a qualifying family and worked with over 568 community members who volunteered their time and resources to support these efforts. Through their dedication to providing decent and affordable housing, Habitat For Humanity Of Wichita Falls Inc is actively transforming neighborhoods and spreading the love of Christ to those in need.




This information is meant to be a general summary of Habitat For Humanity Of Wichita Falls 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
$559,587 (2022)
Expenses
$464,964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $739
  • Program Service Revenue: $201,972
  • Gross Receipts: $727,928

Assets and Liabilities:

  • Total Assets: $1,804,293
  • Total Liabilities: $25,412
  • Net Assets: $1,778,881

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Programs

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

MORTGAGE DISCOUNT AMOR

Revenue

$119,751

SALES OF HOMES

Revenue

$82,221

Organization Details

Founding Year

1991

Principal Officer

William Goodner

Main Address

1206 LAMAR, WICHITA FALLS, TX, 76301

NTEE Category

Code: L20Z - Housing

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