Overview
What is Tres Rios Habitat For Humanity?
Tres Rios Habitat for Humanity is a nonprofit organization situated in Farmington, New Mexico. Their primary mission is to assist low-income individuals and families in securing affordable, high-quality primary residences. They accomplish this objective through new construction and renovation services. This nonprofit organization, with a team of just two dedicated employees, is committed to making a significant impact on the housing needs of the community, ensuring that every family has a safe and comfortable place to call home.
Official website here: www.habitatsanjuan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 69%, earning a Two-Star out of Four Star rating. The rating signifies that while Tres Rios Habitat For Humanity demonstrates some strengths in governance, such as having a fully independent board with eight members, there are critical areas for improvement in transparency and policy documentation.
The organization has a high program expense ratio of 96.47%, indicating a strong focus on its mission-related activities. However, it lacks essential financial statements, which significantly impacts its accountability score. Additionally, the absence of key policies such as conflict of interest and whistleblower policies raises concerns about governance practices.
While Tres Rios Habitat For Humanity has shown positive aspects in its financial management and asset liability ratio, the missing documentation and policies suggest a need for enhanced operational transparency. Improving these areas could bolster trust and support from the community and stakeholders, ultimately helping the organization fulfill its mission more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Tres Rios Habitat For Humanity legitimate?
Tres Rios Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tres Rios 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: $43,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,880
For more financial information, click here
Official website here: www.habitatsanjuan.org
What is the mission statement of Tres Rios Habitat For Humanity?
Tres Rios Habitat for Humanity is committed to assisting qualifying low-income individuals and families in attaining affordable and high-quality primary residences. They achieve this through the provision of new construction and renovation services. This organization's mission is geared towards helping eligible individuals and families secure rental and purchasing opportunities for their primary homes, ensuring they live in decent and affordable living spaces.
Official website here: www.habitatsanjuan.org
Who is the CEO of Tres Rios Habitat For Humanity?
Philip Miller is the President-Director of Tres Rios Habitat For Humanity.
Official website here: www.habitatsanjuan.org
What is the revenue of Tres Rios Habitat For Humanity?
Tres Rios Habitat For Humanity's revenue in 2022 was $205,411.
Official website here: www.habitatsanjuan.org
Who are the executives of Tres Rios Habitat For Humanity and what are their salaries?
The average compensation at Tres Rios Habitat For Humanity during 2022 was $29,562. There are 2 employees at Tres Rios Habitat For Humanity.
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Official website here: www.habitatsanjuan.org
Where can I find the form 990 for Tres Rios Habitat For Humanity?
Tres Rios Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatsanjuan.org
Learn more at the official website: www.habitatsanjuan.org
Mission Statement of Tres Rios Habitat For Humanity
Tres Rios Habitat for Humanity is dedicated to assisting qualifying low-income individuals and families in obtaining affordable and high-quality primary residences through new construction and renovation services. This nonprofit organization's mission is centered around providing support for these individuals and families, enabling them to secure either rental or purchasing options for their homes. By offering these services, Tres Rios Habitat for Humanity plays a vital role in addressing the housing needs of those who may not have the means to afford decent living conditions otherwise. The organization's mission is driven by a commitment to making a positive impact on the lives of those in need, ensuring that they have access to safe and affordable housing solutions.
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Impact
October, 2024
Tres Rios Habitat for Humanity has a significant impact on the community by assisting qualifying low-income individuals and families in attaining affordable and quality primary residences. Through new construction and renovation services, the organization facilitates access to homeownership and safe rental options, effectively addressing housing insecurity in the area. By empowering families to secure stable housing, they contribute to improved living conditions, foster community development, and enhance the overall quality of life for those they serve in Farmington, NM. This impactful work not only helps individuals and families establish roots but also strengthens the fabric of the local community.
This information is meant to be a general summary of Tres Rios 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.
- Investment Income: $694
- Program Service Revenue: $111,759
- Gross Receipts: $361,599
Assets and Liabilities:
- Total Assets: $1,032,191
- Total Liabilities: $7,498
- Net Assets: $1,024,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HABITAT RESTORE
Revenue
$111,759
Organization Details
Founding Year
1991
Phone
(505) 330-8822Principal Officer
Philip Miller
Main Address
PO BOX 324, Farmington, NM, 87499
Website
www.habitatsanjuan.orgNTEE Category
Code: L20 - Housing
If you are a representative of Tres Rios Habitat For Humanity and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.