Overview
What is Habitat For Humanity Of Greater Garland Inc?
Habitat for Humanity of Greater Garland Inc. is a nonprofit organization situated in Garland, Texas. Their primary mission is to provide affordable housing solutions and essential home repairs to veterans, elderly, disabled, and low-income families. They accomplish this through constructing and rehabilitating homes using volunteer labor, selling the completed homes at an affordable mortgage to eligible families. Additionally, the organization performs critical home repairs for eligible homeowners, including veterans, elderly, and low-income individuals. As of the end of 2022, Habitat for Humanity of Greater Garland Inc. had completed four homes and was in the process of rehabilitating/rebuilding another one. The organization retains mortgages on many of the homes it constructs. With a dedicated team of 31 employees, the organization continues its mission to enhance living conditions for underserved communities in the Garland area.
Official website here: www.garlandhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Habitat for Humanity of Greater Garland Inc has received a solid Three-Star rating from Charity Navigator, reflecting its accountability and finance practices. The organization scored well in several key areas, including maintaining a fully independent board and ensuring no material diversion of assets, which demonstrates a commitment to ethical governance and transparency. The program expense ratio is notably high at 86.62%, indicating that a significant portion of funds is directed towards its mission-related activities.
User feedback from Great Nonprofits highlights the organization's positive impact on the community, particularly through collaborations with initiative-driven groups like Bike & Build. One donor praised the connection formed between young adult volunteers and the beneficiaries of Habitat's projects, suggesting that involvement with the nonprofit fosters sustained engagement with affordable housing issues among participants.
While the organization shows strengths in governance and community engagement, the overall score suggests there may be areas for improvement, particularly regarding the liabilities to assets ratio, which stands at 61.88%. This indicates a potential need for better financial management strategies to enhance overall stability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Of Greater Garland Inc legitimate?
Habitat For Humanity Of Greater Garland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Garland 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: $106,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,951
For more financial information, click here
Official website here: www.garlandhabitat.org
What is the mission statement of Habitat For Humanity Of Greater Garland Inc?
Habitat For Humanity Of Greater Garland Inc's mission is centered around providing affordable housing solutions and essential home repairs to vulnerable groups, including veterans, the elderly, disabled individuals, and low-income families. The organization achieves this by constructing and rehabilitating homes primarily using volunteer labor, and subsequently selling them at an affordable mortgage rate to eligible families. Additionally, Habitat For Humanity Of Greater Garland Inc carries out critical home repairs for eligible homeowners, focusing on veterans, the elderly, disabled individuals, and those with low income. At the end of 2022, the organization had completed four homes and was in the process of rehabilitating/rebuilding one more, with no additional homes under construction in collaboration with the Garland ISD Building Trades Department.
Official website here: www.garlandhabitat.org
Who is the CEO of Habitat For Humanity Of Greater Garland Inc?
Richard L Buquet Ii is the Chairman of Habitat For Humanity Of Greater Garland Inc. The CEO's salary of Habitat For Humanity Of Greater Garland Inc is $96,500 and their total compensation is $106,469.
Official website here: www.garlandhabitat.org
What is the revenue of Habitat For Humanity Of Greater Garland Inc?
Habitat For Humanity Of Greater Garland Inc's revenue in 2022 was $1,479,597.
Official website here: www.garlandhabitat.org
Who are the executives of Habitat For Humanity Of Greater Garland Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Garland Inc during 2022 was $12,304. There are 31 employees and 639 volunteers at Habitat For Humanity Of Greater Garland Inc.
Here are 6 key members and their salaries (Habitat For Humanity Of Greater Garland Inc's CEO's salary is $96,500 and their total compensation is $106,469):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $96,500
- Related: $0
- Other: $9,969
Official website here: www.garlandhabitat.org
Where can I find the form 990 for Habitat For Humanity Of Greater Garland Inc?
Habitat For Humanity Of Greater Garland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.garlandhabitat.org
Learn more at the official website: www.garlandhabitat.org
Mission Statement of Habitat For Humanity Of Greater Garland Inc
Habitat for Humanity of Greater Garland Inc is dedicated to providing affordable housing solutions and critical home repairs to veterans, elderly, disabled, and low-income families. Their mission is accomplished primarily through volunteer labor. The organization constructs and rehabilitates homes, selling them at an affordable mortgage to eligible families. In addition to building new homes, Habitat for Humanity of Greater Garland Inc also performs critical home repairs for veterans, elderly, disabled, and low-income homeowners. The organization holds mortgages on many of the homes it completes, ensuring that the homes remain affordable for the families that purchase them. At the end of 2022, the organization had completed four homes and had one home in the process of rehabilitation or rebuilding. There were no additional homes under construction in collaboration with the Garland ISD Building Trades Department. Overall, Habitat for Humanity of Greater Garland Inc's mission is to help those in need of affordable housing and critical home repairs, providing a stable and secure living environment for families in need.
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Impact
July, 2024
Habitat For Humanity Of Greater Garland Inc's impact includes providing affordable housing solutions and critical home repairs to veterans, elderly, disabled, and low-income families. The organization constructs and rehabilitates homes using primarily volunteer labor and sells them at an affordable mortgage to low-income families. In 2022, the organization completed four homes and had one home in the process of rehabilitation/rebuilding. Additionally, they collaborate with the Garland ISD Building Trades Department on construction projects. Habitat For Humanity Of Greater Garland Inc also holds mortgages on many of the homes it completes and sells, further supporting their mission of community improvement through housing initiatives.
This information is meant to be a general summary of Habitat For Humanity Of Greater Garland 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.
- Investment Income: -$36,387
- Program Service Revenue: $31,738
- Gross Receipts: $2,255,570
Assets and Liabilities:
- Total Assets: $1,914,998
- Total Liabilities: $1,185,187
- Net Assets: $729,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMPUTED INTEREST INCOM
Revenue
$27,052
PROGRAM FEES
Revenue
$4,686
Organization Details
Founding Year
1993
Phone
(972) 414-6894Principal Officer
Richard L Buquet Ii
Main Address
2909 BROADWAY BLVD, GARLAND, TX, 75041
Website
www.garlandhabitat.orgNTEE Category
Code: S20 - Community improvement
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