Overview
What is Habitat For Humanity International Inc Tri-County Partners?
Habitat for Humanity International Inc's Tri-County Partners is a dedicated nonprofit organization based in Richland, Washington. Its primary mission is to offer affordable housing solutions to eligible families, continually striving for financial stability. In collaboration with Yakima Federal Savings and Loan, they've established a more financially robust model. Despite challenges such as rapidly rising interest rates and supply chain issues for construction materials, they managed to complete seven homes in East Pasco during the fiscal year. The organization's efforts also involve working with schools, like Delta High School's Auto-CAD class, to develop innovative housing options with a smaller footprint. In terms of community engagement, they rely on volunteer support, with 384 individuals contributing over 15,600 hours in FY22. Their funding strategy includes grants, in-kind donations, private donations, and revenue from their Habitat Store, supplemented by various events. Despite facing challenges, Tri-County Partners remains committed to their goal of increasing their housing unit production and expanding their presence within the community.
Official website here: www.habitatbuilds.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Stars .ating.
Habitat For Humanity International Inc Tri-County Partners has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. With a score of 92 in that area, the organization demonstrates effective financial management, evidenced by an impressive program expense ratio of 94.08%. Additionally, the board is fully independent, enhancing governance integrity.
While the financial metrics are solid, the organization has room for improvement in its culture and community score, which stands at 73. This suggests that there may be challenges in engagement or outreach within the communities they serve. Notably, the organization is reported to be implementing only one equity practice, which could limit its effectiveness in promoting equitable access to its services.
The absence of a whistleblower policy and failure to post tax forms on their website are notable limitations, potentially impacting transparency and public trust. Overall, while the organization exhibits strong financial health and governance, addressing these gaps could enhance its overall effectiveness and community impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity International Inc Tri-County Partners?
90% of 41 reviewers on Facebook recommend Habitat For Humanity International Inc Tri-County Partners. Here is a summary of their reviews:
Many individuals express strong support for the organization, emphasizing their commitment to building homes and improving communities. Reviewers appreciate the impact that Habitat for Humanity has on families and the opportunities it provides for people in need of housing. The sentiment surrounding the nonprofit is overwhelmingly positive, with users highlighting the meaningful work and dedication of the staff and volunteers involved.
Overall, it appears that the organization successfully meets its mission, creating a sense of satisfaction among those who engage with or benefit from its services. The favorable comments suggest that many feel inspired and thankful for the role Habitat for Humanity plays in helping to provide safe and affordable housing options.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity International Inc Tri-County Partners legitimate?
Habitat For Humanity International Inc Tri-County Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International Inc Tri-County Partners 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: $269,589
For more financial information, click here
Official website here: www.habitatbuilds.com
What is the mission statement of Habitat For Humanity International Inc Tri-County Partners?
Habitat For Humanity International Inc Tri-County Partners is committed to providing affordable housing to qualifying families. They have been working on establishing a financially stable model by partnering with Yakima Federal Savings and Loan. To overcome challenges in mortgage financing, they have shifted away from the Federal Home Loan Bank program, allowing their homeowner partners to benefit from Yakima Federal's competitive rates. Their biggest challenge remains the rapidly rising interest rates. In response, they created an endowment/investment account to take advantage of changes in inheritance taxes and provide an additional source of funds. Despite the subsiding impact of the COVID-19 pandemic on their operations, they continue to face volunteer recruitment hesitancy. Their primary focus is on scaling up their housing unit production, seeking opportunities for building density, and developing multi-family housing options with a smaller footprint. They have also collaborated with local schools to help develop these housing options. Their work involves engaging volunteers, students, and the community in their projects, and they rely on a diverse funding strategy, including grants, private donations, and store revenues to support their mission.
Official website here: www.habitatbuilds.com
Who is the CEO of Habitat For Humanity International Inc Tri-County Partners?
Andrew Clary is the President of Habitat For Humanity International Inc Tri-County Partners.
Official website here: www.habitatbuilds.com
What is the revenue of Habitat For Humanity International Inc Tri-County Partners?
Habitat For Humanity International Inc Tri-County Partners's revenue in 2022 was $2,569,320.
Official website here: www.habitatbuilds.com
Who are the executives of Habitat For Humanity International Inc Tri-County Partners and what are their salaries?
The average compensation at Habitat For Humanity International Inc Tri-County Partners during 2022 was $16,849. There are 16 employees and 498 volunteers at Habitat For Humanity International Inc Tri-County Partners.
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- Compensation: $78,612
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- Other: $15,239
Official website here: www.habitatbuilds.com
Where can I find the form 990 for Habitat For Humanity International Inc Tri-County Partners?
Habitat For Humanity International Inc Tri-County Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatbuilds.com
Learn more at the official website: www.habitatbuilds.com
Mission Statement of Habitat For Humanity International Inc Tri-County Partners
Habitat for Humanity International Inc Tri-County Partners, in its mission, strives to provide affordable housing to qualifying families. The organization works towards establishing a financially stable model, partnering with Yakima Federal Savings and Loan, and offering competitive mortgage rates to its homeowner partners. Despite challenges such as rapidly rising interest rates and supply chain issues for construction materials, the nonprofit continues to identify and overcome obstacles, aiming to increase its housing unit production from eight per annum to twelve. Additionally, Habitat for Humanity seeks opportunities to build density, like duplex and triplex townhomes, and collaborates with schools and architects to develop vertical housing options with a smaller footprint. The organization also engages with volunteers and educational programs, such as Tri-Tech Skills Center, to contribute to the completion of its housing projects.
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Impact
July, 2024
Habitat For Humanity International Inc Tri-County Partners has had a significant impact in the community by providing affordable housing to qualifying families. In the past fiscal year, the organization continued to build on and develop a more financially stable model established through partnership with Yakima Federal Savings and Loan. Challenges related to mortgage financing, rising interest rates, and supply chain issues for construction materials were identified and overcome.
Tri-County Partners Habitat for Humanity procured land in West Richland and East Pasco for future development, focusing on scaling up housing unit production and seeking opportunities to build more density, such as duplex and triplex townhomes. The organization also collaborated with Delta High School's Auto-CAD class and MMEC Architecture and Interiors to develop multi-family housing options with a smaller footprint.
Community support remained strong, with volunteers contributing over 15,600 hours in total. The organization engaged in diverse fundraising strategies, including grants, private donations, in-kind giving, and store revenues. Tri-County Partners Habitat for Humanity closed on seven homes in East Pasco, despite facing significant delays due to global and domestic supply chain issues.
Overall, Habitat For Humanity International Inc Tri-County Partners has made a positive impact by addressing the critical need for affordable housing and engaging the community in its mission.
This information is meant to be a general summary of Habitat For Humanity International Inc Tri-County Partners. 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: $1,135
- Program Service Revenue: $1,761,114
- Gross Receipts: $2,856,501
Assets and Liabilities:
- Total Assets: $6,678,020
- Total Liabilities: $1,596,352
- Net Assets: $5,081,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF AFFORDABLE HOM
Revenue
$1,576,600
MORTGAGE DISCOUNT AMOR
Revenue
$184,514
Organization Details
Founding Year
1994
Phone
(509) 943-5555Principal Officer
Andrew Clary
Main Address
1005 KNIGHT ST, RICHLAND, WA, 99352
Website
www.habitatbuilds.comNTEE Category
Code: L20 - Housing
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