Santa Fe Habitat For Humanity

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

EIN: 850355135 ✦ Santa fe, NM ✦ Designated as a 501(c)(3)

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Overview

What is Santa Fe Habitat For Humanity?

Santa Fe Habitat for Humanity is a nonprofit organization situated in Santa Fe, New Mexico, dedicated to promoting affordable home ownership within the local community. Their mission involves constructing energy-efficient new homes and repairing or rehabilitating existing ones through collaborative efforts between partner families, volunteers, donors, and staff. During the fiscal year, they completed 4 new homes and 14 major home repair projects, while also offering financial education tools, homeowner skill training, and quarterly newsletters to support homeowners. Working with Habitat International, they participated in the AmeriCorps program, providing on-the-job training to two members. Volunteers play a crucial role in the organization, contributing over 18,000 hours of their time to build homes, offer individual training, assist in retail operations, and support fundraising and administrative functions. In response to the COVID-19 pandemic, Santa Fe Habitat for Humanity adapted operations to ensure the health and safety of all involved. With a staff of 35 individuals, the nonprofit relies heavily on volunteer labor and the collective effort of its partners.


Official website here: www.santafehabitat.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 83%, Three-Star out of Four Star rating.

Santa Fe Habitat For Humanity demonstrates strong accountability and financial management, as indicated by its 83% score. The organization benefits from a fully independent board, achieving perfect scores in various governance measures, such as board size and conflict of interest policies. Its effective financial practices are reflected in a solid liabilities-to-assets ratio and excellent fundraising efficiency.

The nonprofit allocates a significant majority of its expenses (80.26%) directly toward its programs, showcasing its commitment to its mission. This is complemented by a favorable working capital ratio, ensuring the organization maintains adequate resources for its operations.

While the overall performance is commendable, continued focus on further enhancing the program expense ratio could further strengthen its impact. Nonetheless, Santa Fe Habitat For Humanity's commitment to transparency and effective governance positions it well within the nonprofit sector.


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

Is Santa Fe Habitat For Humanity legitimate?

Santa Fe Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe 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:

Executive Compensation: $161,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $667,783

For more financial information, click here


Official website here: www.santafehabitat.org

What is the mission statement of Santa Fe Habitat For Humanity?

Santa Fe Habitat for Humanity's mission is centered around promoting affordable home ownership for residents in the local area. They achieve this by constructing energy-efficient new homes and repairing or rehabilitating existing ones through the cooperation of partner families, volunteers, donors, and staff. The organization's efforts are primarily focused on collaborative projects, providing financial education and homeowner skills training, and offering support through a quarterly newsletter. Santa Fe Habitat for Humanity also participates in the AmeriCorps program, offering on-the-job training to members in construction, office skills, cultural education, and leadership. Their operations heavily rely on partner family sweat equity and volunteer work, with volunteers contributing to building homes, providing individual training to homeowner families, and supporting fundraising and administrative functions. During the COVID-19 pandemic, Santa Fe Habitat for Humanity adapted operations to ensure the health and safety of homeowners, volunteers, and staff, while still utilizing the support of over 500 volunteers during the fiscal year.


Official website here: www.santafehabitat.org

Who is the CEO of Santa Fe Habitat For Humanity?

Kurt Krahn is the Executive Di of Santa Fe Habitat For Humanity.


Official website here: www.santafehabitat.org

What is the revenue of Santa Fe Habitat For Humanity?

Santa Fe Habitat For Humanity's revenue in 2022 was $3,678,307.


Official website here: www.santafehabitat.org

Who are the executives of Santa Fe Habitat For Humanity and what are their salaries?

The average compensation at Santa Fe Habitat For Humanity during 2022 was $23,699. There are 35 employees and 554 volunteers at Santa Fe Habitat For Humanity.


Here are 12 key members and their salaries:


Kurt Krahn (Executive Di)
  • Compensation: $86,868
  • Related: $0
  • Other: $2,502
Anne Martinez (Former Finan)
  • Compensation: $70,307
  • Related: $0
  • Other: $1,994
Agnes Maldonado (Finance Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Hibben (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mcgahey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Howell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Coffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Crawford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becca Haffenden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Shanahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsye Ackerman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paco Arguello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.santafehabitat.org

Where can I find the form 990 for Santa Fe Habitat For Humanity?

Santa Fe Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.santafehabitat.org

Learn more at the official website: www.santafehabitat.org

Mission Statement of Santa Fe Habitat For Humanity

Santa Fe Habitat for Humanity is committed to promoting affordable home ownership for residents in the Santa Fe area. They achieve this mission by constructing energy-efficient new homes and repairing or rehabilitating existing ones through the collaborative efforts of partner families, volunteers, donors, and staff. Their work is focused on creating simple and adequate living spaces for those in need. In addition to building homes, Santa Fe Habitat for Humanity offers various support services. They provide financial education tools to help families manage their household budgets, teach homeowner skills such as reducing utility costs and performing basic repairs, and offer further support and education through a quarterly newsletter. The organization also relies heavily on volunteer labor, with individuals working in groups to build homes under the supervision of professional construction staff and AmeriCorps members. During COVID-19, Santa Fe Habitat for Humanity adapted its operations to eliminate close contact and ensure the ongoing health and safety of homeowners, volunteers, and staff. Throughout the fiscal year, they utilized the help of 554 volunteers, totaling 18,426 volunteer man-hours (not including the AmeriCorps program).

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Impact




July, 2024

Santa Fe Habitat For Humanity's impact includes completing and placing families in 4 new homes and completing 14 major home repair and rehab projects in a fiscal year. Additionally, they provided support to 83 families with financial education tools for household budget creation and management, training in homeowner skills, and education through a quarterly newsletter. The organization also participated in the AmeriCorps program, offering on-the-job training in construction and office skills, cultural education, diversity, citizenship, and leadership skills to AmeriCorps members. Santa Fe Habitat For Humanity heavily relies on partner family sweat equity and volunteers to build homes under professional supervision. During the COVID-19 pandemic, they adapted operations to ensure the ongoing health and safety of homeowners, volunteers, and staff. In a fiscal year, they utilized 554 individual volunteers who collectively contributed 18,426 volunteer man-hours.




This information is meant to be a general summary of Santa Fe 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.

Revenue
$3,678,307 (2022)
Expenses
$2,472,182 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $89,225
  • Program Service Revenue: $638,179
  • Gross Receipts: $4,775,844

Assets and Liabilities:

  • Total Assets: $7,331,212
  • Total Liabilities: $1,860,973
  • Net Assets: $5,470,239

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Programs

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

HOME SALES

Revenue

$401,000

DISCOUNT AMORTIZATION

Revenue

$164,565

NEIGHBORHOOD REVITALIZATION

Revenue

$72,614

Organization Details

Founding Year

1987

Principal Officer

Kurt Krahn

Main Address

2520 CAMINO ENTRADA UNIT A, SANTA FE, NM, 87507

NTEE Category

Code: L20 - Housing

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