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Habitat For Humanity Of Greater Newark

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222762202 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Of Greater Newark?

Habitat for Humanity of Greater Newark is a dedicated nonprofit organization located in Newark, New Jersey. Their primary mission is to construct and repair housing for qualified families, often working in partnership with the families themselves and volunteers. These homes are sold at a significantly lower cost or appraised value to the families, with the added benefit of zero percent interest loans. The organization's activities extend beyond homebuilding, as they also provide critical repairs for homes damaged by natural disasters, such as Hurricane Sandy. With a team of 26 dedicated individuals, Habitat for Humanity of Greater Newark strives to replace substandard housing with affordable alternatives for low to moderate income families, contributing positively to their community.


Official website here: www.habitatnewark.org

Is Habitat For Humanity Of Greater Newark legitimate?

Habitat For Humanity Of Greater Newark is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Newark 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.

Here are some key statistics you may want to consider:

Executive Compensation: $242,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $735,693

For more financial information, click here


Official website here: www.habitatnewark.org

What is the mission statement of Habitat For Humanity Of Greater Newark?

Habitat For Humanity of Greater Newark's mission is centered around providing affordable housing solutions for low to moderate income families. The organization engages in homebuilding and critical repairs to replace substandard housing, striving to make a positive impact in the lives of many. They collaborate with qualified families, volunteers, and utilize their resources to construct homes at lower costs or appraised values, subsequently selling them with zero percent interest loans. Additionally, Habitat For Humanity of Greater Newark has extended its reach by offering critical repairs to homes damaged by natural disasters, such as Hurricane Sandy.


Official website here: www.habitatnewark.org

Who is the CEO of Habitat For Humanity Of Greater Newark?

Jeffrey Farrell is the Ceo of Habitat For Humanity Of Greater Newark. The CEO's salary of Habitat For Humanity Of Greater Newark is $242,739 and their total compensation is $242,739.


Official website here: www.habitatnewark.org

What is the revenue of Habitat For Humanity Of Greater Newark?

Habitat For Humanity Of Greater Newark's revenue in 2022 was $3,735,043.


Official website here: www.habitatnewark.org

Who are the executives of Habitat For Humanity Of Greater Newark and what are their salaries?

The average compensation at Habitat For Humanity Of Greater Newark during 2022 was $37,632. There are 26 employees and 1,148 volunteers at Habitat For Humanity Of Greater Newark.

Here are 13 key members and their salaries (Habitat For Humanity Of Greater Newark's CEO's salary is $242,739 and their total compensation is $242,739):

    Jeffrey Farrell (Ceo) [Trustee/Director]
  • Compensation: $242,739
  • Related: $0
  • Other: $0

    • Danielle Sanchez (Highest Compensated Employee)
  • Compensation: $166,477
  • Related: $0
  • Other: $0

    • Delia Ware-Tibbs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Olsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Kaiser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Flanagan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vic Nichols (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Cruz-Beyer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christillia Molina (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlton Daniels (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wade Woodson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Augusto Neno (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dhana Reynoso (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.habitatnewark.org

    Where can I find the form 990 for Habitat For Humanity Of Greater Newark?

    The Habitat For Humanity Of Greater Newark’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.habitatnewark.org

    Learn more at the official website: www.habitatnewark.org

    Mission Statement of Habitat For Humanity Of Greater Newark

    Habitat for Humanity of Greater Newark is dedicated to a noble mission. This nonprofit organization focuses on homebuilding and critical repairs, aiming to replace substandard housing with affordable options for low to moderate income families. By constructing homes in collaboration with qualified families and volunteers, the organization ensures that these new residences are sold at a lower cost or appraised value. The families then purchase these homes with zero percent interest loans.

    Beyond home construction, Habitat for Humanity of Greater Newark also acknowledges the importance of critical repairs. After the devastation caused by Hurricane Sandy, the organization stepped in to restore damaged homes, demonstrating their commitment to providing safe and secure living spaces for those in need. By executing these missions, Habitat for Humanity of Greater Newark works tirelessly to improve the living conditions of its community, enabling families to build a stable future.

    Impact

    This information is meant to be a general summary of Habitat For Humanity Of Greater Newark. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Habitat For Humanity Of Greater Newark's impact is significant in providing affordable housing solutions for low to moderate-income families in the Newark area. Through homebuilding and critical repairs, the organization replaces substandard housing with quality, affordable homes. By constructing housing in collaboration with qualified families and volunteers, Habitat For Humanity Of Greater Newark facilitates a pathway to homeownership with zero percent interest loans. Additionally, the organization's work includes critical repairs for homes damaged by events such as Hurricane Sandy, ensuring that families have safe and secure living conditions. Their dedication to addressing housing challenges makes a tangible difference in improving the quality of life for families in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $161
  • Program Service Revenue: $884,558
  • Gross Receipts: $3,735,043

    • Assets and Liabilities:
  • Total Assets: $3,125,081
  • Total Liabilities: $1,110,378
  • Net Assets: $2,014,703
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALES TO HOMEOWNERS

    Revenue

    $221,275

    CRITICAL HOME REPAIRS

    Revenue

    $207,249

    VEHICLE SALES

    Revenue

    $178,116

    RESTORE SALES

    Revenue

    $141,577

    HOMEOWNERS INTEREST ON

    Revenue

    $133,786

    Organization Details

    Founding Year

    1986

    Principal Officer

    Jeffrey Farrell

    Main Address

    PO BOX 32189, NEWARK, NJ, 07102

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Habitat For Humanity Of Greater Newark and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.