Overview
What is Habitat For Humanity Las Vegas?
Habitat for Humanity Las Vegas (HFHLV) is a nonprofit organization established in 1990 with a mission to build affordable homes for low-to-moderate income families in Clark County, Nevada. Since its inception, HFHLV has constructed homes for over 117 families, providing shelter for 406 individuals, including 257 children. The organization operates autonomously, with its own board of directors, funding sources, and strategic goals to uplift families from poverty. HFHLV focuses on revitalizing communities by constructing homes on previously vacant lots and filling them with successful homeowners through a rigorous selection, education, and financial coaching process. Beyond home construction, HFHLV invests in families through financial literacy programs, home maintenance support, long-term credit counseling, and community service referrals. The gift of a home leads to improved living conditions, health, education, and financial opportunities, ultimately contributing to wealth building and breaking down barriers of limited housing supply, restricted credit access, and systemic inequalities. Additionally, HFHLV offers a critical home repair program for families in need due to age, disability, or financial hardship. By providing a hand up instead of a handout, Habitat for Humanity Las Vegas aims to create a brighter future for families and communities.
Official website here: www.lasvegashabitat.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Habitat for Humanity Las Vegas stands out with an impressive overall score of 97%, indicating a strong commitment to accountability and financial health. The organization received particularly high marks in accountability and finance, showcasing effective governance with 100% independent board members and a robust financial oversight framework. Their program expense ratio of over 80% reflects a significant focus on utilizing funds for programmatic efforts rather than administrative costs.
The organization also excels in leadership and adaptability, which is crucial for nonprofit sustainability. With a perfect score in both leadership and community culture, Habitat for Humanity Las Vegas demonstrates strong governance and a positive internal culture that supports their mission. Their strategic goals include expanding affordable housing production and diversifying funding sources, indicating a forward-thinking approach to meeting community needs.
Despite the strengths, the scores in leadership and culture suggest opportunities for growth, as they are lower in comparison to other areas. Continuous improvement in these areas will be essential for maintaining their high standards and fulfilling their mission effectively. Overall, Habitat for Humanity Las Vegas exemplifies a reliable and impactful nonprofit organization dedicated to housing solutions in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Las Vegas legitimate?
Habitat For Humanity Las Vegas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Las Vegas 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: $194,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,206
For more financial information, click here
Official website here: www.lasvegashabitat.org
What is the mission statement of Habitat For Humanity Las Vegas?
Habitat for Humanity Las Vegas, as a non-profit organization, aims to build affordable houses for low-income families. The organization collaborates with the families, constructing the houses, which are then transferred to the families at no profit, funded by Habitat with affordable, no-interest loans. Established in 1990, the organization has constructed homes for over 117 families since 1991, providing safe shelter and revitalizing neighborhoods. Habitat for Humanity Las Vegas operates independently, focusing on building entire communities on previously vacant lots and providing successful homeownership through careful family selection, responsible lending, and ongoing support. The organization invests in families through financial literacy programs, home maintenance, long-term credit counseling, and community service referrals. Homeownership leads to improved quality of life outcomes, acting as a catalyst to wealth building and breaking down barriers to housing supply, credit access, and systemic inequalities.
Official website here: www.lasvegashabitat.org
Who is the CEO of Habitat For Humanity Las Vegas?
Angela Phillips is the Ceo Thru 12/ of Habitat For Humanity Las Vegas. The CEO's salary of Habitat For Humanity Las Vegas is $153,513 and their total compensation is $159,933.
Official website here: www.lasvegashabitat.org
What is the revenue of Habitat For Humanity Las Vegas?
Habitat For Humanity Las Vegas's revenue in 2022 was $2,380,452.
Official website here: www.lasvegashabitat.org
Who are the executives of Habitat For Humanity Las Vegas and what are their salaries?
The average compensation at Habitat For Humanity Las Vegas during 2022 was $28,557. There are 29 employees and 412 volunteers at Habitat For Humanity Las Vegas.
Here are 17 key members and their salaries (Habitat For Humanity Las Vegas's CEO's salary is $153,513 and their total compensation is $159,933):
- Compensation: $153,513
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- Other: $6,420
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- Other: $3,452
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Official website here: www.lasvegashabitat.org
Where can I find the form 990 for Habitat For Humanity Las Vegas?
Habitat For Humanity Las Vegas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lasvegashabitat.org
Learn more at the official website: www.lasvegashabitat.org
Mission Statement of Habitat For Humanity Las Vegas
Habitat for Humanity Las Vegas, a non-profit organization, was established with a mission to build affordable housing for low-income families. The organization achieves this goal by collaborating with homeowner families to construct homes, which are then transferred to the families at no profit, and financed through affordable, no-interest loans provided by the organization itself. Since its inception in 1990, Habitat for Humanity Las Vegas has made significant strides, providing safe and secure shelter for over 117 local families, housing 406 people, including 257 children. The organization operates autonomously, with its own local board of directors, funding sources, and strategic goals aimed at lifting families out of poverty in Clark County, Nevada.
Habitat for Humanity Las Vegas does not limit its efforts to the construction of homes. The organization is committed to successful homeownership, ensuring this by selecting partner families responsibly, offering responsible lending, and providing ongoing support. This support includes financial literacy programs, home maintenance courses, long-term credit counseling, and referrals to community services. Homeownership leads to various quality-of-life improvements, such as improved health, safety, education, and financial opportunity. Furthermore, Habitat for Humanity Las Vegas addresses the root cause of generational poverty, breaking its cycle.
In addition to constructing new homes, Habitat for Humanity Las Vegas also undertakes critical home repair projects for families affected by age, disability, or challenging circumstances that prevent them from affording necessary home maintenance. By providing a solution to the root cause of housing issues and breaking the cycle of generational poverty, Habitat for Humanity Las Vegas is dedicated to offering a brighter future for families and entire communities, providing a "hand up" instead of a "hand out."
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Impact
July, 2024
Habitat For Humanity Las Vegas has had a significant impact in the community since its establishment in 1990. It has provided safe, secure shelter for over 117 local low-to-moderate income families, totaling 406 individuals, including 257 children. Additionally, the organization has completed 56 neighborhood revitalization projects in the same areas where homes were built.
HFHLV focuses on building entire communities on previously vacant in-fill lots in Clark County, targeting redevelopment zones that may not be suitable for private developers. By carefully selecting partner families, providing financial coaching, and ongoing support, Habitat For Humanity Las Vegas helps families become successful homeowners.
Through initiatives like financial literacy programs, home maintenance support, and credit counseling, HFHLV not only offers affordable homeownership but also invests in the long-term success and stability of these families. The organization's approach to housing addresses the root causes of generational poverty and aims to break the cycle by providing solutions that empower families and improve their quality of life.
Furthermore, Habitat for Humanity Las Vegas also operates critical home repair programs for individuals impacted by age, disability, or other circumstances that hinder their ability to afford necessary home maintenance.
By providing a "hand up" rather than a "handout," Habitat For Humanity Las Vegas is working towards creating a brighter future for families and entire communities, ultimately breaking down barriers to affordable housing and fostering wealth-building opportunities for generations to come.
This information is meant to be a general summary of Habitat For Humanity Las Vegas. 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: $3,747
- Program Service Revenue: $821,766
- Gross Receipts: $3,920,078
Assets and Liabilities:
- Total Assets: $5,010,049
- Total Liabilities: $550,264
- Net Assets: $4,459,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$690,460
MORTGAGE LOAN DISCOUNT
Revenue
$131,306
Organization Details
Founding Year
1990
Phone
(702) 638-6477Principal Officer
Angela Phillips
Main Address
4580 WEST SAHARA AVE SUITE 120, LAS VEGAS, NV, 89102
Website
www.lasvegashabitat.orgNTEE Category
Code: L20Z - Housing
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