Overview
What is Habitat For Humanity International Inc Prescott Area Hfh?
Habitat for Humanity - Prescott Area HFH is a nonprofit organization committed to addressing housing needs for low-income individuals. They fulfill this mission by constructing new homes and selling them at below-market prices with zero percent mortgages to eligible buyers. Additionally, the organization operates a restore center, where donated goods are sold to support their cause. By providing affordable housing solutions, this nonprofit organization empowers families to build a stable foundation for their future.
Official website here: www.prescotthabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Habitat For Humanity International Inc Prescott Area Hfh has received a low rating of 56%, which signifies significant concerns in its accountability and financial management. The organization has 0% independent board members, indicating a lack of oversight that could affect its governance. Furthermore, there are no financial statements available, pointing to transparency issues which are critical for donor trust.
Despite these challenges, the organization does show strengths in certain operational policies, having listed a conflict of interest policy, whistleblower policy, and document retention policy. Additionally, it has a relatively high program expense ratio of 69.79%, suggesting that a majority of its expenditures go directly to its charitable programs, which is a positive aspect for assessing its mission-focused spending.
However, the material diversion of assets noted in their evaluation raises alarms about financial integrity. Overall, while there are some operational strengths, the lack of independent oversight and financial transparency limits the organization's ability to build donor confidence and may impact its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International Inc Prescott Area Hfh legitimate?
Habitat For Humanity International Inc Prescott Area Hfh is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International Inc Prescott Area Hfh 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $646,859
For more financial information, click here
Official website here: www.prescotthabitat.org
What is the mission statement of Habitat For Humanity International Inc Prescott Area Hfh?
Habitat for Humanity International Inc. Prescott Area HFH is committed to assisting qualified low-income individuals by completing and selling homes to them at prices below the market average, with no interest on mortgages. The organization constructs new houses and also operates a restore center, selling donated items. This initiative aims to provide affordable housing solutions, thereby contributing to the well-being of the community. By offering homes at reduced costs, the organization enables deserving families to own property, thereby improving their overall living conditions.
Official website here: www.prescotthabitat.org
Who is the CEO of Habitat For Humanity International Inc Prescott Area Hfh?
Bob Frey is the Chairman Of of Habitat For Humanity International Inc Prescott Area Hfh.
Official website here: www.prescotthabitat.org
What is the revenue of Habitat For Humanity International Inc Prescott Area Hfh?
Habitat For Humanity International Inc Prescott Area Hfh's revenue in 2022 was $1,706,481.
Official website here: www.prescotthabitat.org
Who are the executives of Habitat For Humanity International Inc Prescott Area Hfh and what are their salaries?
The average compensation at Habitat For Humanity International Inc Prescott Area Hfh during 2022 was $26,952. There are 24 employees and 50 volunteers at Habitat For Humanity International Inc Prescott Area Hfh.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.prescotthabitat.org
Where can I find the form 990 for Habitat For Humanity International Inc Prescott Area Hfh?
Habitat For Humanity International Inc Prescott Area Hfh's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prescotthabitat.org
Learn more at the official website: www.prescotthabitat.org
Mission Statement of Habitat For Humanity International Inc Prescott Area Hfh
Habitat for Humanity International Inc Prescott Area HFH is dedicated to fulfilling a unique mission. This nonprofit organization specializes in constructing and selling homes to eligible low-income individuals at prices below the market average. Notably, these homes are sold with zero percent mortgages, making homeownership an achievable dream for many. Beyond this, Habitat for Humanity Prescott Area HFH also operates a Restore, selling donated goods. By engaging in these activities, the organization contributes to the housing needs of those who may otherwise struggle to afford a home. This mission empowers individuals and families to build a stable foundation for their lives, fostering a sense of community and self-sufficiency.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Habitat For Humanity International Inc Prescott Area Hfh's impact lies in the completion and sale of homes to qualified low-income buyers at below market prices and zero percent mortgages. By constructing new homes for low-income individuals and operating a restore selling donated goods, the organization plays a crucial role in providing affordable housing solutions in Prescott, AZ. This effort not only addresses the housing needs of the community but also contributes to uplifting individuals and families by offering them the stability and security of homeownership. Through this mission, Habitat For Humanity International Inc Prescott Area Hfh significantly impacts the lives of those in need of safe and affordable housing.
This information is meant to be a general summary of Habitat For Humanity International Inc Prescott Area Hfh. 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: $687
- Program Service Revenue: $1,220,016
- Gross Receipts: $1,706,481
Assets and Liabilities:
- Total Assets: $4,476,308
- Total Liabilities: $14,047
- Net Assets: $4,462,261
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE
Revenue
$767,228
HOME SALE REVENUE NET
Revenue
$452,788
Organization Details
Founding Year
1990
Phone
(928) 445-8003Principal Officer
Bob Frey
Main Address
1230 WILLOW CREEK RD, PRESCOTT, AZ, 86301
Website
www.prescotthabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity International Inc Prescott Area Hfh 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.