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Rockford Area Habitat For Humanity

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

EIN: 363592066 ✦ Loves park, IL ✦ Designated as a 501(c)(3)

Overview

What is Rockford Area Habitat For Humanity?

Rockford Area Habitat for Humanity is a nonprofit organization situated in Loves Park, Illinois. Their primary mission is to provide housing opportunities for economically disadvantaged families, as demonstrated by the completion of six homes by December 31, 2022. The organization adheres to the principles of Habitat for Humanity, constructing and renovating homes that are subsequently sold to eligible low-income buyers at no profit, with the additional benefit of zero-interest mortgage loans. This initiative stems from their commitment to advocating for individuals in need of decent shelter. They achieve this by building and renovating affordable homes, thus contributing to the community in a meaningful way, employing a workforce of 44 individuals.


Official website here: www.rockfordhabitat.org

Is Rockford Area Habitat For Humanity legitimate?

Rockford Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockford Area Habitat For Humanity 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: $107,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $692,112

For more financial information, click here


Official website here: www.rockfordhabitat.org

What is the mission statement of Rockford Area Habitat For Humanity?

Rockford Area Habitat for Humanity's mission is to advocate for those in need of adequate housing by constructing and renovating affordable homes. They accomplish this by building and selling homes to economically disadvantaged families at no profit, offering zero-interest mortgage loans. Their primary goal is to provide shelter for those who may not otherwise be able to afford it. As of December 31, 2022, six homes were completed by the organization.


Official website here: www.rockfordhabitat.org

Who is the CEO of Rockford Area Habitat For Humanity?

Keri Asevedo is the President of Rockford Area Habitat For Humanity.


Official website here: www.rockfordhabitat.org

What is the revenue of Rockford Area Habitat For Humanity?

Rockford Area Habitat For Humanity's revenue in 2022 was $3,654,501.


Official website here: www.rockfordhabitat.org

Who are the executives of Rockford Area Habitat For Humanity and what are their salaries?

The average compensation at Rockford Area Habitat For Humanity during 2022 was $18,162. There are 44 employees and 3,000 volunteers at Rockford Area Habitat For Humanity.

Here are 14 key members and their salaries:

    Keri Asevedo (Executive Director)
  • Compensation: $98,500
  • Related: $0
  • Other: $8,526

    • Peter Schmeling (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glasa Gottschalk (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Rundquist (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Licari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erik Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latricia Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Hotopp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Crouch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norma Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katrina Boykins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Chidley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tretara Flowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rockfordhabitat.org

    Where can I find the form 990 for Rockford Area Habitat For Humanity?

    The Rockford Area Habitat For Humanity’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rockfordhabitat.org

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

    Mission Statement of Rockford Area Habitat For Humanity

    Rockford Area Habitat for Humanity, as a nonprofit organization, is committed to advocating for those in need of decent shelter. It achieves this mission by constructing and renovating affordable homes, selling them to economically disadvantaged families at no profit and with zero-interest mortgage loans. By doing so, the organization provides a vital service, enabling low-income families to secure a steady and safe living environment. In the year ending December 31, 2022, Rockford Area Habitat for Humanity completed six homes, demonstrating its ongoing dedication to fulfilling its mission.

    Impact

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




    Thursday, August 15, 2024

    Rockford Area Habitat For Humanity's impact can be seen in the 6 homes completed for economically disadvantaged families in Loves Park, IL in the year ended December 31, 2022. By advocating for those in need of decent shelter and providing affordable housing through home building and renovation, the organization is making a tangible difference in the lives of low-income buyers. With zero-profit sales and zero-interest mortgage loans, Rockford Area Habitat For Humanity is helping to address housing needs in the community and support families in achieving homeownership.





    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: $7,364
  • Program Service Revenue: $1,905,658
  • Gross Receipts: $4,279,329

    • Assets and Liabilities:
  • Total Assets: $5,454,593
  • Total Liabilities: $1,319,333
  • Net Assets: $4,135,260
  • Programs

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

    RESTORE SALES

    Revenue

    $1,405,941

    TRANSFERS TO HOMEOWNER

    Revenue

    $314,653

    MORTGAGE DISCOUNT AMOR

    Revenue

    $185,064

    Organization Details

    Founding Year

    1988

    Principal Officer

    Keri Asevedo

    Main Address

    5183 HARLEM ROAD, LOVES PARK, IL, 61111

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Rockford Area Habitat For Humanity 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.