Overview
What is Habitat For Humanity In Whatcom County?
Habitat for Humanity in Whatcom County is a nonprofit organization, based in Bellingham, Washington, with a dedicated mission to combat substandard housing. Utilizing donated building materials and household goods, they operate a thrift store outlet. Notably, since 1988, they have constructed 47 homes, providing decent and affordable shelter to over 188 local residents. As a nondenominational Christian organization, their core purpose is to advocate for affordable housing, making it a matter of conscience for people worldwide. The organization employs a team of 41 individuals in their efforts to enhance living conditions for their community.
Official website here: www.hfhwhatcom.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Stars
Habitat For Humanity In Whatcom County has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 91% overall, with its rating based entirely on its Accountability & Finance metrics. Key highlights include a fully independent board and well-structured financial oversight, showcasing their dedication to transparency and governance.
Strengths of the organization include an impressive Program Expense Ratio of 90.26%, indicating that a significant portion of its expenses directly supports its programs. Furthermore, the organization maintains a strong Working Capital Ratio of 1.45 years, suggesting financial stability and the ability to meet short-term obligations effectively. The absence of material diversions of assets and a solid conflict of interest policy further reinforce their credibility and ethical standards.
However, there are areas for improvement, particularly in the Liabilities to Assets Ratio, which stands at 48.74%. This could imply some financial risk depending on the organization’s asset management strategies. Additionally, the fundraising efficiency ratio indicates room for growth in fundraising strategies, as it reflects the organization’s cost to raise funds. Overall, Habitat For Humanity In Whatcom County demonstrates a solid foundation, but addressing its financial liabilities and enhancing fundraising efficiency could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity In Whatcom County legitimate?
Habitat For Humanity In Whatcom County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity In Whatcom County 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: $106,122
Professional Fundraising Fees: $0
Other Salaries and Wages: $599,730
For more financial information, click here
Official website here: www.hfhwhatcom.org
What is the mission statement of Habitat For Humanity In Whatcom County?
Habitat for Humanity In Whatcom County is a non-denominational, Christian non-profit organization with a mission to provide affordable housing for those in need. Their purpose is to eliminate substandard housing by constructing safe and decent homes, which they have been doing since 1988, housing over 188 Whatcom County residents and completing 47 homes so far. This organization believes that decent shelter should be a concern for everyone and operates beyond Whatcom County, making it a matter of conscience for people worldwide. In addition to building homes, they also run a thrift store outlet for donated building materials and household goods.
Official website here: www.hfhwhatcom.org
Who is the CEO of Habitat For Humanity In Whatcom County?
John Moon is the President of Habitat For Humanity In Whatcom County.
Official website here: www.hfhwhatcom.org
What is the revenue of Habitat For Humanity In Whatcom County?
Habitat For Humanity In Whatcom County's revenue in 2022 was $1,637,188.
Official website here: www.hfhwhatcom.org
Who are the executives of Habitat For Humanity In Whatcom County and what are their salaries?
The average compensation at Habitat For Humanity In Whatcom County during 2022 was $17,216. There are 41 employees and 463 volunteers at Habitat For Humanity In Whatcom County.
Here are 7 key members and their salaries:
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- Compensation: $101,449
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- Other: $0
Official website here: www.hfhwhatcom.org
Where can I find the form 990 for Habitat For Humanity In Whatcom County?
Habitat For Humanity In Whatcom County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfhwhatcom.org
Learn more at the official website: www.hfhwhatcom.org
Mission Statement of Habitat For Humanity In Whatcom County
Habitat for Humanity in Whatcom County, a nondominational Christian non-profit organization, is dedicated to addressing the issue of substandard housing. Their mission is to construct safe, decent, and affordable homes for individuals in need. Since its inception in 1988, this organization has successfully completed 47 homes, providing housing for over 188 Whatcom County residents. By doing so, Habitat for Humanity in Whatcom County works towards making decent shelter a matter of conscience for people everywhere.
In addition to building homes, Habitat for Humanity in Whatcom County operates a thrift store outlet for donated building materials and household goods. This initiative not only helps in reducing waste but also provides an affordable source of building materials and household items for those in need. By offering these services, Habitat for Humanity in Whatcom County continues to demonstrate its commitment to eliminating substandard housing and creating a better living environment for its community members.
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Impact
July, 2024
Habitat for Humanity in Whatcom County has made a significant impact by eliminating substandard housing through the construction of safe, decent, and affordable homes. Since its establishment in 1988, the organization has completed 47 homes, providing housing for over 188 residents in Whatcom County. Additionally, Habitat for Humanity operates a thrift store outlet for donated building materials and household goods, further supporting its mission of creating affordable housing for those in need. This organization exemplifies a commitment to making decent shelter a fundamental right for all individuals, regardless of their circumstances.
This information is meant to be a general summary of Habitat For Humanity In Whatcom County. 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: $1,615
- Program Service Revenue: $85,705
- Gross Receipts: $2,454,509
Assets and Liabilities:
- Total Assets: $3,496,525
- Total Liabilities: $1,727,692
- Net Assets: $1,768,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE INCOME AMORTI
Revenue
$52,853
OTHER
Revenue
$19,498
SALES AND OVERHEAD FEE
Revenue
$11,546
HOME SALE
Revenue
$1,808
Organization Details
Founding Year
1988
Phone
(360) 715-9170Principal Officer
John Moon
Main Address
1825 CORNWALL AVE, BELLINGHAM, WA, 98225
Website
www.hfhwhatcom.orgNTEE Category
Code: L20 - Housing
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