Habitat For Humanity In Monmouth County Inc

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

EIN: 223284309 ✦ Freehold, NJ ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity In Monmouth County Inc?

Habitat for Humanity in Monmouth County Inc is a dedicated nonprofit organization, functioning as an affiliate of Habitat for Humanity International, situated in Freehold, New Jersey. Their primary mission is to eradicate substandard housing worldwide and assist low-income families in achieving homeownership. They accomplish this by constructing new, affordable homes, with the active participation of at least 450 hours of 'sweat equity' from the future homeowners. Upon completion, these homes are sold at no profit, and the families are provided with a low-interest loan. The revenues generated from home sales are utilized to fund additional housing projects. With a team of 27 employees, Habitat for Humanity in Monmouth County Inc is committed to making decent housing a reality for any family willing to work towards their dream.


Official website here: www.habitatmonmouth.org

Is Habitat For Humanity In Monmouth County Inc legitimate?

Habitat For Humanity In Monmouth County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity In Monmouth County 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $602,501

For more financial information, click here


Official website here: www.habitatmonmouth.org

What is the mission statement of Habitat For Humanity In Monmouth County Inc?

Habitat For Humanity In Monmouth County Inc, an affiliate of Habitat for Humanity International, strives to eliminate substandard housing globally. The organization aids low-income families in achieving the dream of homeownership. It accomplishes this by constructing new homes, ensuring that decent and affordable housing becomes within reach of any family eager to work towards their aspiration. Habitat for Humanity collaborates with the families who will inhabit the homes, requiring them to contribute at least 450 hours of labor, known as "sweat equity." Upon completion, the home is sold at no profit, with a low-interest loan to the partner family. The revenue generated from home sales is utilized to finance the construction of additional houses.


Official website here: www.habitatmonmouth.org

Who is the CEO of Habitat For Humanity In Monmouth County Inc?

Diane Kinnane is the President of Habitat For Humanity In Monmouth County Inc.


Official website here: www.habitatmonmouth.org

What is the revenue of Habitat For Humanity In Monmouth County Inc?

Habitat For Humanity In Monmouth County Inc's revenue in 2023 was $1,825,073.


Official website here: www.habitatmonmouth.org

Who are the executives of Habitat For Humanity In Monmouth County Inc and what are their salaries?

The average compensation at Habitat For Humanity In Monmouth County Inc during 2023 was $22,315. There are 27 employees and 200 volunteers at Habitat For Humanity In Monmouth County Inc.

Here are 11 key members and their salaries:

    Diane Kinnane (Executive Di)
  • Compensation: $64,758
  • Related: $0
  • Other: $0

    • Kim Stulb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Foglia (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Waldron (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Ginsburg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Lempka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwendolyn Love (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerry Scharfenberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Skirde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randi Zamkotowicz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.habitatmonmouth.org

    Where can I find the form 990 for Habitat For Humanity In Monmouth County Inc?

    The Habitat For Humanity In Monmouth County Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.habitatmonmouth.org

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

    Mission Statement of Habitat For Humanity In Monmouth County Inc

    Habitat For Humanity In Monmouth County Inc, as an affiliate of Habitat for Humanity International, is committed to eliminating substandard housing worldwide. This local organization stands out by helping low-income families achieve the dream of home ownership. By building new houses, Habitat for Humanity in Monmouth County Inc makes decent and affordable housing an attainable goal for any family willing to work towards it. The organization requires at least 450 hours of "sweat equity" from the families who will reside in the homes. Once constructed, the houses are sold at no profit, with a low-interest loan extended to the partner family. The proceeds from the sale of these homes are then utilized to fund the construction of additional homes, thereby expanding the reach of affordable housing solutions.

    Impact

    This information is meant to be a general summary of Habitat For Humanity In Monmouth County Inc. 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 In Monmouth County Inc's impact lies in providing low-income families with the opportunity to achieve the dream of homeownership. By building new homes with the help of sweat equity from the families involved, Habitat ensures that decent and affordable housing is within reach for those willing to work for it. Through the sale of these homes with low-interest loans, the organization recycles the proceeds to support the construction of more houses, further expanding their reach and impact in eliminating substandard housing in the community.





    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 2023.

  • Investment Income: $-147
  • Program Service Revenue: $948,940
  • Gross Receipts: $1,879,344

    • Assets and Liabilities:
  • Total Assets: $1,905,155
  • Total Liabilities: $249,625
  • Net Assets: $1,655,530
  • Programs

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

    RESTORE INCOME

    Revenue

    $738,563

    SALE OF HOME

    Revenue

    $152,500

    MORTGAGE DISCOUNT AMORTIZATIO

    Revenue

    $53,546

    PROGRAM FEES

    Revenue

    $4,331

    Organization Details

    Founding Year

    1993

    Principal Officer

    Diane Kinnane

    Main Address

    45 SOUTH STREET, FREEHOLD, NJ, 07728

    NTEE Category

    Code: L20 - Housing

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