Overview
What is Habitat For Humanity Mid Yellowstone Valley?
Habitat for Humanity Mid Yellowstone Valley is a nonprofit organization, rooted in Christian values, situated in Billings, Montana. Their primary mission is to help low-income families achieve homeownership through mutual efforts and no-interest loans. To date, they've completed two homes and started work on another. Moreover, they've acquired several vacant lots, planning to utilize them for future home sites. Besides building homes, they also run a Restore retail operation, selling donated building materials to the public. The organization falls under Habitat for Humanity International, striving to embody kindness and community development. With a team of 15 dedicated individuals, they continue to make a difference in people's lives by providing affordable housing solutions.
Official website here: www.billingshabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Habitat For Humanity Mid Yellowstone Valley has received a solid rating of 88%, indicating a strong emphasis on accountability and financial performance. The organization boasts a perfect score in several areas, including having a majority of independent board members and maintaining rigorous oversight through an audit committee. These strengths reflect a commitment to transparency and effective governance in its operations.
User feedback highlights the nonprofit's exceptional management of functional expenses, with one reviewer specifically praising its operational efficiency. Such positive reviews bolster the organization's reputation as a responsible steward of donor funds, suggesting it effectively channels resources into its mission of providing affordable housing.
However, there are a couple of areas noted for improvement, such as the absence of a whistleblower policy. While this doesn't undermine the overall accountability of the organization, addressing these gaps could further enhance its governance framework and public trust. Overall, Habitat For Humanity Mid Yellowstone Valley stands out for its financial integrity and positive user feedback.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Mid Yellowstone Valley legitimate?
Habitat For Humanity Mid Yellowstone Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Mid Yellowstone Valley 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: $83,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,521
For more financial information, click here
Official website here: www.billingshabitat.org
What is the mission statement of Habitat For Humanity Mid Yellowstone Valley?
Habitat for Humanity Mid Yellowstone Valley, as a non-profit Christian ministry, follows a mission to put God's love into action. They work in partnership with low-income families in need, constructing homes using donated and purchased materials and labor. Upon completion, these homes are sold to the families at no profit or with alternative, low-income funding sources. The organization operates a Retore retail operation, selling donated building materials to the general public. As a local affiliate of Habitat for Humanity International (HFHI), their mission is to provide low-income families with the opportunity to own their own homes through assistance, sweat equity, and no-interest loans. They have successfully completed two homes and initiated preliminary work on another, with plans to develop several vacant lots for future home sites.
Official website here: www.billingshabitat.org
Who is the CEO of Habitat For Humanity Mid Yellowstone Valley?
Jim Woolyhand is the Treasurer of Habitat For Humanity Mid Yellowstone Valley.
Official website here: www.billingshabitat.org
What is the revenue of Habitat For Humanity Mid Yellowstone Valley?
Habitat For Humanity Mid Yellowstone Valley's revenue in 2023 was $1,787,072.
Official website here: www.billingshabitat.org
Who are the executives of Habitat For Humanity Mid Yellowstone Valley and what are their salaries?
The average compensation at Habitat For Humanity Mid Yellowstone Valley during 2023 was $35,949. There are 15 employees and 100 volunteers at Habitat For Humanity Mid Yellowstone Valley.
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- Compensation: $83,710
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- Other: $19,103
Official website here: www.billingshabitat.org
Where can I find the form 990 for Habitat For Humanity Mid Yellowstone Valley?
Habitat For Humanity Mid Yellowstone Valley's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.billingshabitat.org
Learn more at the official website: www.billingshabitat.org
Mission Statement of Habitat For Humanity Mid Yellowstone Valley
Habitat for Humanity Mid Yellowstone Valley, as a non-profit Christian ministry, is dedicated to putting God's love into action. The organization's mission is to bring people together, working collaboratively to build homes, communities, and hope. In pursuit of this mission, Habitat for Humanity Mid Yellowstone Valley partners with low-income families in need. The partnership involves constructing homes using donated and purchased materials, as well as volunteer labor. Once completed, these homes are sold to the families at no profit, either through a no-interest mortgage held by the organization or alternative, low-income funding sources.
The organization's work is deeply rooted in the belief that every family deserves a safe and secure home. By providing this opportunity, Habitat for Humanity Mid Yellowstone Valley empowers families to take ownership of their living spaces and, by extension, their lives. The organization's commitment extends beyond the construction of homes. It also operates a Retore retail operation, where donated building materials are sold to the general public, furthering its mission of making housing affordable and accessible.
In essence, Habitat for Humanity Mid Yellowstone Valley serves as a beacon of hope for low-income families, offering them a chance to build a future on a solid foundation. Through its mission, the organization not only provides homes but also fosters a sense of community and hope, reflecting its commitment to putting God's love into action.
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Impact
July, 2024
Habitat For Humanity Mid Yellowstone Valley's impact includes providing low-income families with the opportunity to own their own homes through assistance and sweat equity. The organization has completed two homes that were transferred to new homeowners, with preliminary work beginning on another home. Habitat For Humanity Mid Yellowstone Valley has also acquired and is in the process of developing several vacant lots for future home sites. Their work helps build not just houses, but also communities and hope for those in need.
This information is meant to be a general summary of Habitat For Humanity Mid Yellowstone Valley. 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 2023.
- Investment Income: $16,008
- Program Service Revenue: $359,376
- Gross Receipts: $2,107,189
Assets and Liabilities:
- Total Assets: $5,038,638
- Total Liabilities: $1,831,106
- Net Assets: $3,207,532
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO HOMEOWNERS
Revenue
$306,708
MORTGAGE DISCOUNT AMORTIZATION
Revenue
$52,668
Organization Details
Founding Year
1992
Phone
(406) 652-0960Principal Officer
Jim Woolyhand
Main Address
685 KING PARK DRIVE, BILLINGS, MT, 59102
Website
www.billingshabitat.orgNTEE Category
Code: L20 - Housing
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