Overview
What is Habitat For Humanity Of Taos Inc?
Habitat for Humanity of Taos, New Mexico, is a renowned nonprofit organization situated at PO Box 1888, Taos. Their primary mission is to collaborate with families in need, helping them construct or renovate decent, affordable homes in safe communities. The organization follows a three-criterion qualification process: demonstrating a need for housing, showing a willingness to partner, and possessing the ability to repay a no-interest mortgage. Dedicated to their cause, they sell houses at no profit, charging no interest. With a team of 36 employees, Habitat for Humanity of Taos invites people from all backgrounds, races, and religions to work together in partnership, striving to improve living conditions for families in need.
Official website here: www.taoshabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Habitat For Humanity Of Taos Inc has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating highlights the organization’s strong performance in the Accountability & Finance category, indicating that it operates with a high level of transparency and responsible financial management. The charity has demonstrated excellent governance, as evidenced by having an entirely independent board and a well-structured audit and oversight committee.
The organization excels in several key areas, including a solid program expense ratio of 74.69%, which suggests that a significant portion of its budget is allocated directly to its mission-related activities. Additionally, it has maintained a low liabilities-to-assets ratio at 11.15%, indicating sound financial health and sustainability. The presence of comprehensive policies, such as a conflict of interest policy and a whistleblower policy, further reinforces its commitment to accountability.
While the data primarily reflects financial management and governance strengths, no specific information about the charity's program impact or community outcomes is provided. This leaves potential donors and supporters with a strong assurance of financial integrity but limited insight into the direct effects of the charity's programs on the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Taos Inc?
96% of 44 reviewers on Facebook recommend Habitat for Humanity of Taos Inc. Here is a summary of their reviews:
Many supporters highlight their positive experiences with the organization, especially noting the enjoyable atmosphere during volunteer events and building projects. One reviewer emphasized a successful Global Village trip, praising the affiliate and the community of Taos, which reflects a strong connection between the nonprofit's activities and participant satisfaction.
Overall, the sentiment surrounding Habitat for Humanity of Taos is overwhelmingly positive, with participants expressing appreciation for the meaningful work being done and the welcoming environment. The organization seems to effectively engage volunteers while making a tangible impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Taos Inc legitimate?
Habitat For Humanity Of Taos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Taos 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: $71,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,018
For more financial information, click here
Official website here: www.taoshabitat.org
What is the mission statement of Habitat For Humanity Of Taos Inc?
Habitat for Humanity of Taos invites individuals from diverse backgrounds, races, and religions to collaborate in building decent, affordable housing for families in need. This non-profit organization works towards this goal by partnering with families who meet certain criteria, including having a need for housing, a willingness to contribute to the project, and the ability to repay a no-interest mortgage. The organization builds or renovates houses, selling them at no profit and without charging interest. Habitat for Humanity of Taos prioritizes community safety and works together with families to provide them with a secure place to call home.
Official website here: www.taoshabitat.org
Who is the CEO of Habitat For Humanity Of Taos Inc?
Jacob Dominguez is the Vice-President of Habitat For Humanity Of Taos Inc.
Official website here: www.taoshabitat.org
What is the revenue of Habitat For Humanity Of Taos Inc?
Habitat For Humanity Of Taos Inc's revenue in 2022 was $733,794.
Official website here: www.taoshabitat.org
Who are the executives of Habitat For Humanity Of Taos Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Taos Inc during 2022 was $13,196. There are 36 employees and 1300 volunteers at Habitat For Humanity Of Taos Inc.
Here are 7 key members and their salaries:
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- Compensation: $71,020
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Official website here: www.taoshabitat.org
Where can I find the form 990 for Habitat For Humanity Of Taos Inc?
Habitat For Humanity Of Taos Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.taoshabitat.org
Learn more at the official website: www.taoshabitat.org
Mission Statement of Habitat For Humanity Of Taos Inc
Habitat for Humanity of Taos, a nonprofit organization, embarks on a mission to collaborate with individuals in need of constructing and renovating affordable, decent housing in secure communities. This mission is rooted in the belief that people from diverse backgrounds, races, and religions can come together to build homes in partnership with families who are in need. By inviting participation from a wide range of individuals, Habitat for Humanity of Taos fosters a sense of community and shared responsibility.
In order to qualify for homeownership, families must meet three criteria: a demonstrable need for affordable housing, a willingness to partner with Habitat for Humanity, and the ability to repay a no-interest mortgage. By adhering to these criteria, the organization ensures that the houses they build or renovate are truly beneficial to the families in need. Furthermore, Habitat for Humanity of Taos does not profit from the sale of these houses. Instead, they charge no interest, only selling the homes at their actual cost. This commitment to serving the community and prioritizing the needs of families in need is at the heart of Habitat for Humanity of Taos' mission.
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Impact
July, 2024
Habitat For Humanity Of Taos Inc works to address the need for decent, affordable housing in safe communities by building or renovating houses in partnership with qualifying families. They follow a strict criteria of need, willingness to partner with HFH, and the ability to repay a no-interest mortgage. By selling houses at no profit and charging no interest, they make homeownership accessible to those in need. Through their efforts, Habitat For Humanity Of Taos Inc has a significant impact on providing housing solutions for families in Taos, New Mexico.
This information is meant to be a general summary of Habitat For Humanity Of Taos 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: $6,987
- Program Service Revenue: $153,032
- Gross Receipts: $735,793
Assets and Liabilities:
- Total Assets: $1,317,468
- Total Liabilities: $142,538
- Net Assets: $1,174,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE INCOME
Revenue
$140,807
VOLUNTEER WORKGROUP FE
Revenue
$12,225
Organization Details
Founding Year
1993
Phone
(575) 758-7827Principal Officer
Jacob Dominguez
Main Address
PO BOX 1888, TAOS, NM, 87571
Website
www.taoshabitat.orgNTEE Category
Code: L20 - Housing
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