Overview
What is Pomona Valley Habitat For Humanity Inc?
Pomona Valley Habitat for Humanity Inc is a dedicated nonprofit organization situated in La Verne, California. Their primary mission is to alleviate poverty housing in the community by constructing and renovating affordable homes for low-income families. The organization utilizes resources from the local community, such as volunteer skills, donations, materials, land, and technical services, to accomplish this goal. The monthly payments for these homes are intentionally kept low to enable families to maintain them with ease and take pride in their ownership. Furthermore, the stipulation of sale ensures that these houses can be passed on only to another low-income family.
Is Pomona Valley Habitat For Humanity Inc legitimate?
Pomona Valley Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pomona Valley Habitat For Humanity 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,518
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What is the mission statement of Pomona Valley Habitat For Humanity Inc?
Pomona Valley Habitat for Humanity Inc. is committed to constructing decent and affordable homes for families struggling with poverty housing. The organization leverages resources from the community, including skilled volunteers, donations, materials, land, and technical services, to build or renovate homes. The monthly payments for these homes are kept affordable, enabling families to maintain them and take pride in ownership. Notably, the stipulation for selling these homes is that they can only be resold to another low-income family, furthering the mission of addressing poverty housing.
What is the revenue of Pomona Valley Habitat For Humanity Inc?
Pomona Valley Habitat For Humanity Inc's revenue in 2024 was $1,587,295.
Who are the executives of Pomona Valley Habitat For Humanity Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pomona Valley Habitat For Humanity Inc?
Pomona Valley Habitat For Humanity Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pomona Valley Habitat For Humanity Inc
Pomona Valley Habitat for Humanity Inc is a dedicated organization that strives to eliminate poverty housing in the community by constructing and renovating decent, affordable homes for low-income families. The organization leverages resources from the community, such as volunteer skills, donations, materials, land, and technical services, to make this mission a reality. By keeping the monthly payments for these homes at an affordable level, the organization ensures that the families can maintain the properties while also taking pride in their ownership. A significant stipulation is that these homes can only be resold to another low-income family, ensuring the continuation of this affordable housing initiative.
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Impact
October, 2024
Pomona Valley Habitat For Humanity Inc directly addresses the critical issue of affordable housing for low-income families, helping to eliminate poverty housing in the community. By leveraging community resources such as skilled volunteers, donated funds, materials, land, and technical services, the organization builds and renovates homes that are not only decent but also affordable. The model they employ ensures that monthly payments are kept low, enabling families to manage maintenance costs and fostering a sense of pride in ownership.
Moreover, the stipulation that these homes can only be resold to other low-income families ensures long-term benefits for the community, allowing wealth and stability to ripple through generations. This approach not only enhances the living conditions of individual families but also contributes to the overall health and stability of the community by creating a sustainable housing market that prioritizes those in need.
This information is meant to be a general summary of Pomona Valley Habitat For Humanity 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 2024.
- Investment Income: $3,544
- Program Service Revenue: $1,087,847
- Gross Receipts: $1,587,295
Assets and Liabilities:
- Total Assets: $1,870,644
- Total Liabilities: $714,647
- Net Assets: $1,155,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gain on Sale of Assets
Revenue
$358
Restore income
Revenue
$1,087,489
Sale to Homeowners
Organization Details
Principal Officer
Meagan Turner
NTEE Category
Code: L20 - Housing
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