Overview
What is Habitat For Humanity International Inc?
Habitat for Humanity International Inc, with its headquarters in Soldotna, Alaska, is a nonprofit organization driven by a Christian mission to combat poverty. They accomplish this by constructing and selling homes at no profit to families who might struggle to secure a home loan otherwise. Homeowners contribute 'sweat equity' in addition to modest house payments, which are then utilized to build more houses. During the 2021 tax year, Central Peninsula Habitat for Humanity refurbished and transferred a property, covering associated costs to protect it from damage. Although a new build was not initiated due to material cost and supply chain issues, funds were allocated for the project commenced in the following year.
Official website here: www.hfhcentralpeninsula.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Habitat For Humanity International Inc has achieved a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This score is derived exclusively from the organization's Accountability & Finance metrics, indicating a strong focus on financial integrity and transparency. The organization demonstrates a commitment to responsible governance, as evidenced by its fully independent board and absence of material asset diversion.
The nonprofit excelled in several key areas, including having a majority of independent board members and maintaining a high program expense ratio of nearly 92%. These factors indicate effective use of resources to further its mission, which is to provide affordable housing solutions. Additionally, the organization has appropriate policies in place for conflict of interest and document retention, contributing to its strong accountability scores.
However, the organization is noted to be lacking a whistleblower policy, which could be a potential area for improvement. Addressing this issue could enhance Habitats’ governance framework further and provide additional assurance to donors regarding the integrity of its operations. Overall, Habitat For Humanity International Inc displays a solid commitment to transparency and program effectiveness while identifying areas for policy enhancement.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International Inc legitimate?
Habitat For Humanity International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hfhcentralpeninsula.org
What is the mission statement of Habitat For Humanity International Inc?
Habitat for Humanity International, a faith-inclusive organization, is dedicated to combating poverty by constructing and selling homes to families who might otherwise struggle to secure a home loan. The organization operates on a principle of 'sweat equity,' where homeowners contribute their time and labor during the building process. The proceeds from the modest home payments made by the homeowners are then utilized to fund the construction of additional homes, thereby continuing this cycle of affordable housing provision. Habitat for Humanity International's mission is to promote homeownership among individuals who may not have had this opportunity otherwise, thereby contributing to poverty alleviation.
Official website here: www.hfhcentralpeninsula.org
Who is the CEO of Habitat For Humanity International Inc?
Ryan Grimm is the President of Habitat For Humanity International Inc.
Official website here: www.hfhcentralpeninsula.org
What is the revenue of Habitat For Humanity International Inc?
Habitat For Humanity International Inc's revenue in 2022 was $72,692.
Official website here: www.hfhcentralpeninsula.org
Who are the executives of Habitat For Humanity International Inc and what are their salaries?
There 3 volunteers at Habitat For Humanity International Inc.
Here are 6 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hfhcentralpeninsula.org
Where can I find the form 990 for Habitat For Humanity International Inc?
Habitat For Humanity International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfhcentralpeninsula.org
Learn more at the official website: www.hfhcentralpeninsula.org
Mission Statement of Habitat For Humanity International Inc
Habitat for Humanity International, a faith-based organization, is dedicated to the mission of eradicating poverty. They welcome volunteers from various faith backgrounds, all united by a shared commitment to Habitat's goal. The organization's primary endeavor is to construct and sell homes at no profit, making them accessible to families who might otherwise struggle to secure a home loan. Homeowners contribute 'sweat equity' in addition to paying modest house payments. This 'sweat equity' refers to the effort and time put into the homebuilding process, ensuring that beneficiaries are invested in their new living spaces. The proceeds from these house payments are then recycled to fund the construction of further homes, thereby continuing the cycle of affordable housing provision.
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Impact
August, 2024
Habitat For Humanity International Inc's impact is centered around eliminating poverty by providing affordable housing solutions to families in need. Through the organization's efforts, homes are built and sold with no profit made, allowing families who may not otherwise be able to obtain a home to become homeowners. This model not only addresses the immediate need for housing but also empowers families to break the cycle of poverty by contributing "sweat equity" towards home building and making modest house payments that are then reinvested to create more homes for others in need. Habitat for Humanity International's mission of building homes and hope is carried out with the support of volunteers from diverse backgrounds who are united in their commitment to making a positive impact on communities.
This information is meant to be a general summary of Habitat For Humanity International 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.
- Program Service Revenue: $70,070
- Gross Receipts: $72,692
Assets and Liabilities:
- Total Assets: $920,405
- Total Liabilities: $6,808
- Net Assets: $913,597
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Organization Details
Founding Year
1991
Phone
(907) 598-8868Principal Officer
Ryan Grimm
Main Address
PO Box 2907, Soldotna, AK, 99669
Website
www.hfhcentralpeninsula.orgNTEE Category
Code: L20 - Housing
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