Overview
What is Gateway Habitat For Humanity?
Gateway Habitat for Humanity is a nonprofit organization situated in Pocatello, Idaho. Their primary mission is to construct modest, respectable, and affordable homes in collaboration with low-income families. They achieve this goal by leveraging volunteer labor and donated materials. The homes are sold at no profit and are financed using affordable, interest-free loans. Mortgage payments made to Gateway Habitat contribute to a revolving fund, which in turn aids in constructing additional homes for needy families in their area. The organization operates with a modest workforce of five dedicated individuals.
Is Gateway Habitat For Humanity legitimate?
Gateway Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway 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:
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Other Salaries and Wages: $56,574
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What is the mission statement of Gateway Habitat For Humanity?
Gateway Habitat for Humanity's mission is to construct simple, decent, and affordable houses in collaboration with low-income families. This is achieved through the use of volunteer labor and donated materials. The houses are sold at no profit and are financed with affordable, no-interest loans. Mortgage payments made by the homeowners contribute to a revolving fund, which in turn, aids in the construction of additional homes for needy families in the area. The organization's goal is to provide a sustainable solution for affordable housing, thereby improving living conditions for low-income families.
Who is the CEO of Gateway Habitat For Humanity?
Jason Hedstrom is the President of Gateway Habitat For Humanity.
What is the revenue of Gateway Habitat For Humanity?
Gateway Habitat For Humanity's revenue in 2022 was $201,247.
Who are the executives of Gateway Habitat For Humanity and what are their salaries?
The average compensation at Gateway Habitat For Humanity during 2022 was $11,315. There are 5 employees at Gateway Habitat For Humanity.
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Where can I find the form 990 for Gateway Habitat For Humanity?
Gateway Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gateway Habitat For Humanity
Gateway Habitat for Humanity is committed to a noble mission: constructing straightforward, respectable, and reasonably priced homes in partnership with low-income families. This nonprofit organization leverages volunteer labor and donated materials to achieve its goal. The homes built by Gateway Habitat for Humanity are sold at no profit, and the mortgage payments made by the new homeowners contribute to a revolving fund. This fund is instrumental in financing the construction of more homes for families in need, thus continuing the cycle of affordable housing provision in the community. By adopting this approach, Gateway Habitat for Humanity plays a crucial role in addressing housing affordability challenges faced by low-income families.
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Impact
October, 2024
Gateway Habitat For Humanity significantly impacts the community by providing simple, decent, and affordable housing for low-income families. By partnering with these families, the organization utilizes volunteer labor and donated materials to build homes, which are sold at no profit. Through this model, homes are financed with affordable, no-interest loans, ensuring that families can manage their mortgage payments without financial strain.
The mortgage payments made by homeowners go into a revolving fund, which is then reinvested into the community to construct more houses for those in need. This approach not only addresses immediate housing needs but also fosters a cycle of support that helps families achieve stability and self-sufficiency. In Pocatello, Idaho, the work of Gateway Habitat creates lasting change, allowing low-income families to secure a safe place to live, contributing positively to their well-being and the overall health of the community.
This information is meant to be a general summary of Gateway 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.
- Program Service Revenue: $573
- Gross Receipts: $201,247
Assets and Liabilities:
- Total Assets: $657,828
- Total Liabilities: $0
- Net Assets: $657,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LATE FEES EARNED
Revenue
$573
Organization Details
Founding Year
1996
Phone
(208) 478-3526Principal Officer
Jason Hedstrom
Main Address
PO BOX 6156, POCATELLO, ID, 832056156
NTEE Category
Code: L20Z - Housing
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