Overview
What is California Homebuilding Foundation?
The California Homebuilding Foundation is a nonprofit organization situated in Sacramento, California. Its primary mission is to promote the homebuilding industry by means of scholarships, research, education, and professional recognition. The foundation's flagship program, the Donald Chaiken Building Industry Technology Academy (BITA), offers a four-year high school construction training curriculum. This curriculum aims to educate students about various career options in the construction sector, equipping them with necessary knowledge, skills, and confidence to pursue a career in the building industry. The program has expanded to over 60 schools across California, impacting more than 7,000 students each semester. The California Homebuilding Foundation also boasts a team of 12 dedicated individuals.
Official website here: www.mychf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The California Homebuilding Foundation has achieved a commendable rating of 96%, reflecting a strong performance in accountability and finance. This high score is significant as it indicates a robust fiscal management and transparency, critical factors for potential donors and stakeholders. The foundation's overall score is derived entirely from its accountability and finance beacon, emphasizing its commitment to responsible governance.
One of the organization's notable strengths is its fully independent board, which plays a vital role in ensuring unbiased oversight and decision-making. The foundation has also demonstrated excellence in financial reporting, with a perfect score in audit standards and a low liabilities-to-assets ratio, suggesting sound financial health. Furthermore, the presence of comprehensive policies on conflict of interest, whistleblower protections, and document retention enhances its credibility and trustworthiness.
While the financial health indicators are commendable, the summary does not provide insights into the foundation's programmatic outcomes or community impact. Prospective donors may want to inquire further about the specific programs and initiatives funded by the foundation to assess the effectiveness of their contributions. Overall, the California Homebuilding Foundation stands out for its fiscal responsibility and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is California Homebuilding Foundation legitimate?
California Homebuilding Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Homebuilding Foundation 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: $143,370
Professional Fundraising Fees: $13,938
Other Salaries and Wages: $495,596
For more financial information, click here
Official website here: www.mychf.org
What is the mission statement of California Homebuilding Foundation?
The California Homebuilding Foundation's mission is centered around promoting the homebuilding industry. They achieve this through various means, including scholarships, research, education, and recognizing professionals in the field. The organization's goal is to provide a trained workforce to meet industry demands, offset labor shortages, and enhance the public's perception of the building industry and its career opportunities. Their most notable initiative is the Donald Chaiken Building Industry Technology Academy (BITA), a four-year high school construction training program impacting thousands of students across the state.
Official website here: www.mychf.org
What is the revenue of California Homebuilding Foundation?
California Homebuilding Foundation's revenue in 2023 was $1,212,555.
Official website here: www.mychf.org
Who are the executives of California Homebuilding Foundation and what are their salaries?
The average compensation at California Homebuilding Foundation during 2023 was $58,088. There are 11 employees and 38 volunteers at California Homebuilding Foundation.
Here are 39 key members and their salaries:
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Official website here: www.mychf.org
Where can I find the form 990 for California Homebuilding Foundation?
California Homebuilding Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mychf.org
Learn more at the official website: www.mychf.org
Mission Statement of California Homebuilding Foundation
The California Homebuilding Foundation, a nonprofit organization, is committed to promoting the homebuilding industry. It achieves this mission through various means, including scholarship programs, research, education, and professional recognition. The foundation's primary goal is to raise awareness of the diverse career opportunities within the construction industry and equip students with the necessary knowledge and skills to pursue a career in this field. By doing so, the California Homebuilding Foundation aims to address potential labor shortages due to retirement and ensure an educated workforce that meets industry demands. Additionally, the organization works to enhance the public's perception of the building industry and its dedicated employees. One of its most notable initiatives is the Donald Chaiken Building Industry Technology Academy (BITA), a four-year high school construction training program that has expanded to over 60 schools across the state, impacting over 7,000 students each semester.
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Impact
July, 2024
California Homebuilding Foundation's impact is significant in promoting the homebuilding industry through scholarship, research, education, and professional recognition. One notable initiative is the Donald Chaiken Building Industry Technology Academy (BITA), a four-year high school construction training curriculum that aims to educate students about career options in construction. The program not only provides students with the knowledge, skills, and confidence to pursue careers in the building industry but also ensures a well-educated and skilled workforce to meet industry demands. With over 60 schools statewide participating in BITA and impacting over 7,000 students each semester, this program plays a crucial role in offsetting worker retirements, avoiding labor shortages, and enhancing public perception of the building industry and its diverse career opportunities.
This information is meant to be a general summary of California Homebuilding Foundation. 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 2023.
- Investment Income: $241,784
- Program Service Revenue: $60,380
- Gross Receipts: $1,529,289
Assets and Liabilities:
- Total Assets: $11,736,201
- Total Liabilities: $192,063
- Net Assets: $11,544,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CIRB
Revenue
$60,380
Organization Details
Founding Year
1979
Principal Officer
Terri Brunson
Website
www.mychf.orgNTEE Category
Code: B82Z - Education
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