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Habitat For Humanity Of Monroe County

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

EIN: 351753977 ✦ Bloomington, IN ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Of Monroe County?

Habitat for Humanity of Monroe County is a nonprofit organization situated in Bloomington, Indiana. Their mission is to offer affordable housing solutions to low-income families who have resided in Monroe County or its surrounding areas for at least a year. Families are expected to pay an interest-free mortgage and engage in various homeowner education courses, including financial management, home insurance, and maintenance. The organization strives to build simple, decent housing for families struggling with substandard living conditions, ensuring they cannot secure conventional mortgages. With a workforce of 30 individuals, the organization relies heavily on volunteer labor and community donations to keep costs low and make homes more accessible.


Official website here: www.monroecountyhabitat.org

Is Habitat For Humanity Of Monroe County legitimate?

Habitat For Humanity Of Monroe County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Monroe County 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: $114,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $751,156

For more financial information, click here


Official website here: www.monroecountyhabitat.org

What is the mission statement of Habitat For Humanity Of Monroe County?

Habitat for Humanity of Monroe County, as a not-for-profit organization, is committed to addressing poverty by collaborating with local families. Their mission is to construct simple, affordable, and decent housing for individuals who are currently residing in substandard living conditions and are unable to secure a conventional mortgage. The organization's approach involves families paying interest-free mortgages for their homes, which are built at a lower cost due to the utilization of volunteer labor and community donations. Families qualify for Habitat's homeownership program based on three primary criteria: demonstrating a need for housing, having the ability to pay their mortgage and other expenses, and showing a willingness to contribute 250 hours of sweat equity.


Official website here: www.monroecountyhabitat.org

Who is the CEO of Habitat For Humanity Of Monroe County?

Wendi Goodlett is the Chair of Habitat For Humanity Of Monroe County. The CEO's salary of Habitat For Humanity Of Monroe County is $110,234 and their total compensation is $114,456.


Official website here: www.monroecountyhabitat.org

What is the revenue of Habitat For Humanity Of Monroe County?

Habitat For Humanity Of Monroe County's revenue in 2022 was $3,004,827.


Official website here: www.monroecountyhabitat.org

Who are the executives of Habitat For Humanity Of Monroe County and what are their salaries?

The average compensation at Habitat For Humanity Of Monroe County during 2022 was $28,854. There are 30 employees and 795 volunteers at Habitat For Humanity Of Monroe County.

Here are 16 key members and their salaries (Habitat For Humanity Of Monroe County's CEO's salary is $110,234 and their total compensation is $114,456):

    Wendi Goodlett (President/Ceo)
  • Compensation: $110,234
  • Related: $0
  • Other: $4,222

    • Mark Bauman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noah Stoffman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Conkle (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christy Langley (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Laughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Githiri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesica Sonneborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loren Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyson Norrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karan Rastall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Fitter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Hurtubise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blayne Roeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doris Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.monroecountyhabitat.org

    Where can I find the form 990 for Habitat For Humanity Of Monroe County?

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


    Official website here: www.monroecountyhabitat.org

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

    Mission Statement of Habitat For Humanity Of Monroe County

    Habitat for Humanity of Monroe County, a not-for-profit organization, is dedicated to breaking the cycle of poverty by collaborating with local families. Their mission is to offer simple, decent, and affordable housing solutions to individuals who are currently residing in substandard living conditions and are unable to secure conventional mortgage loans. This housing is made available at a lower cost due to the utilization of volunteer labor and community donations.

    To be eligible for Habitat's homeownership program, families must meet three primary criteria. Firstly, they must demonstrate a pressing need for housing, as they are currently living in inadequate or financially burdensome accommodations and cannot qualify for alternative housing programs or traditional home loans. Secondly, they should have the ability to manage their affordable, interest-free mortgage payments and cover other necessary expenses. Their income should fall within the range of 25-70% of the area's median income. Lastly, they must be willing to contribute to the building process by investing a minimum of 250 hours of sweat equity. This investment can take various forms, such as taking mandatory homeownership courses and actively participating in the construction of their future home.

    Impact

    This information is meant to be a general summary of Habitat For Humanity Of Monroe County. 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 Monroe County's impact is profound as it provides simple, decent, and affordable housing for community members living in substandard conditions. Through their mission, they help low-income families in Monroe County and adjacent areas achieve home ownership by offering affordable 0% interest mortgages. By partnering with families and providing homeowner education courses, they not only address housing needs but also empower individuals to manage their finances, avoid predatory lending, and maintain their homes. This organization's work not only improves living standards but also contributes to breaking the cycle of poverty 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 2022.

  • Investment Income: $1,096
  • Program Service Revenue: $1,513,962
  • Gross Receipts: $3,004,827

    • Assets and Liabilities:
  • Total Assets: $9,666,364
  • Total Liabilities: $1,620,069
  • Net Assets: $8,046,295
  • Programs

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

    Homeowner Transfers

    Revenue

    $874,415

    Habit ReStore Sales

    Revenue

    $637,618

    Rental Income

    Revenue

    $1,929

    Organization Details

    Founding Year

    1988

    Principal Officer

    Wendi Goodlett

    Main Address

    213 E Kirkwood Ave, Bloomington, IN, 47408

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Habitat For Humanity Of Monroe County 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.