Overview
What is Bay Area Habitat For Humanity - Houston Inc?
Bay Area Habitat for Humanity - Houston Inc. is a nonprofit organization, affiliated with Habitat for Humanity International, situated in Houston, Texas. Their mission is to combat substandard housing and homelessness globally by constructing safe and affordable homes for families in need. Specifically, they operate in Galveston, SE Harris, and Northern Brazoria counties in Texas. Their primary activities include providing home ownership opportunities to eligible families, offering financial education, and participating in home repair projects. By doing so, they aim to promote financial stability, family/social stability, and community stability for these families. The organization employs a team of eight individuals to carry out its mission.
Official website here: www.bahfh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Bay Area Habitat For Humanity - Houston Inc has received an 81% score, reflecting a good level of accountability and financial management. This score is entirely based on its Accountability & Finance metrics, indicating that the organization is performing well in these key areas. A Three-Star rating suggests that while the organization demonstrates solid practices, there may still be room for improvement in other operational aspects that were not evaluated.
The organization's strengths are evident in its governance structure, with an entirely independent board of directors. This is highlighted by its perfect scores in board independence and the absence of material diversion of assets. Additionally, Bay Area Habitat For Humanity has established important policies such as conflict of interest and whistleblower protections, further solidifying its commitment to transparency and ethical operation.
On the financial side, the organization maintains a healthy liabilities to assets ratio at 18.10%, ensuring a stable financial position. Furthermore, it allocates a significant portion of its expenses towards program-related activities, with a program expense ratio of 71.48%. This indicates a strong focus on fulfilling its mission. Overall, while the organization shows many positive attributes, continued attention to other operational areas may enhance its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Area Habitat For Humanity - Houston Inc legitimate?
Bay Area Habitat For Humanity - Houston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Area Habitat For Humanity - Houston 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: $96,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,114
For more financial information, click here
Official website here: www.bahfh.org
What is the mission statement of Bay Area Habitat For Humanity - Houston Inc?
Bay Area Habitat for Humanity - Houston Inc., as an affiliate of Habitat for Humanity International, is a non-profit organization with a mission to combat substandard housing and homelessness globally. Since its establishment in 1991, it has been constructing safe and affordable homes in Galveston, Southeast Harris, and Northern Brazoria counties. The organization's primary objective is to provide financially and socially stable homes to families in need, thereby promoting community stability through homeownership. Partner families engaged with Bay Area Habitat for Humanity have the opportunity to participate in homeownership and financial education programs, and they may also benefit from home repair projects.
Official website here: www.bahfh.org
Who is the CEO of Bay Area Habitat For Humanity - Houston Inc?
Gregory Goodman is the Director of Bay Area Habitat For Humanity - Houston Inc.
Official website here: www.bahfh.org
What is the revenue of Bay Area Habitat For Humanity - Houston Inc?
Bay Area Habitat For Humanity - Houston Inc's revenue in 2022 was $583,172.
Official website here: www.bahfh.org
Who are the executives of Bay Area Habitat For Humanity - Houston Inc and what are their salaries?
The average compensation at Bay Area Habitat For Humanity - Houston Inc during 2022 was $30,908. There are 8 employees and 1000 volunteers at Bay Area Habitat For Humanity - Houston Inc.
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Official website here: www.bahfh.org
Where can I find the form 990 for Bay Area Habitat For Humanity - Houston Inc?
Bay Area Habitat For Humanity - Houston Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bahfh.org
Learn more at the official website: www.bahfh.org
Mission Statement of Bay Area Habitat For Humanity - Houston Inc
Bay Area Habitat for Humanity - Houston Inc, an affiliate of Habitat for Humanity International, is a non-profit organization with a mission to combat the issue of substandard housing and homelessness on a global scale. Established in 1991, this ecumenical Christian organization has been dedicated to building safe and affordable homes in Galveston, Southeast Harris, and Northern Brazoria counties. Their primary aim is to provide families in need with a secure living space, fostering financial, family, and community stability through home ownership. By connecting partner families to opportunities for financial education and home repair projects, Bay Area Habitat for Humanity - Houston Inc plays a crucial role in enhancing the living conditions and overall well-being of the communities it serves.
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Impact
July, 2024
Bay Area Habitat For Humanity - Houston Inc's impact is focused on eliminating substandard housing and homelessness in the Galveston, Southeast Harris, and Northern Brazoria counties since 1991. The organization builds safe, affordable homes for families in need, promoting financial stability, family and social stability, and community stability through homeownership. Partner families are provided with opportunities for homeownership and financial education, as well as assistance with home repair projects. This helps empower families, strengthen communities, and create a more sustainable future for those in need of housing assistance.
This information is meant to be a general summary of Bay Area Habitat For Humanity - Houston 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: $1,451
- Program Service Revenue: $395,229
- Gross Receipts: $583,172
Assets and Liabilities:
- Total Assets: $2,750,691
- Total Liabilities: $830,197
- Net Assets: $1,920,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES REVENUE
Revenue
$170,000
MORTGAGE SALES REVENUE
Revenue
$60,870
ESCROW RECOVERIES
Revenue
$20,966
MORTGAGE LOAN DISCOUNT
Revenue
$143,393
Organization Details
Founding Year
1991
Principal Officer
Gregory Goodman
Main Address
1120 NASA PKWY STE 420, HOUSTON, TX, 77058
Website
www.bahfh.orgNTEE Category
Code: L20 - Housing
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