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Habitat For Humanity Of Northern Fox Valley

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

EIN: 363742888 ✦ Elgin, IL ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Of Northern Fox Valley?

Habitat for Humanity of Northern Fox Valley is a nonprofit organization situated in Elgin, Illinois. In the fiscal year 2022, they completed and sold eight new single-family homes to low-income families at fair market value, utilizing zero-interest loans. The locations for these homes included Crystal Lake, Batavia, Carpentersville, and South Elgin in Illinois. To broaden its scope, the organization expanded its home preservation services by introducing an Aging in Place program. This program aims to address the housing modification needs of seniors, focusing on installations such as accessibility ramps, walk-in bathtubs, handrails, and levered door handles. The mission of Habitat for Humanity is to advocate for those in need of decent shelter by constructing and renovating affordable houses, and they operate by building and selling homes to eligible buyers at no profit. With a total of 34 employees, the organization is dedicated to providing affordable housing options and improving living conditions for the community.


Is Habitat For Humanity Of Northern Fox Valley legitimate?

Habitat For Humanity Of Northern Fox Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Northern Fox Valley 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: $1,732,979

For more financial information, click here


What is the mission statement of Habitat For Humanity Of Northern Fox Valley?
Who is the CEO of Habitat For Humanity Of Northern Fox Valley?
What is the revenue of Habitat For Humanity Of Northern Fox Valley?
Who are the executives of Habitat For Humanity Of Northern Fox Valley and what are their salaries?
Where can I find the form 990 for Habitat For Humanity Of Northern Fox Valley?

Mission Statement of Habitat For Humanity Of Northern Fox Valley

Habitat for Humanity of Northern Fox Valley, a dedicated organization, advocates for the provision of decent shelter for those in need. They accomplish this mission by constructing and renovating affordable homes, selling them at fair market value to low-income families. The primary objective of this nonprofit is to promote housing equality, ensuring that every individual has access to a safe and secure living space.

In line with their mission, Habitat for Humanity of Northern Fox Valley provides zero-interest loans to qualified families who purchase their homes. During the fiscal year 2022, the organization completed and sold eight new single-family homes to such families in various locations, including Crystal Lake, Batavia, Carpentersville, and South Elgin. Besides building new homes, Habitat for Humanity of Northern Fox Valley also expanded its home preservation services by introducing an Aging in Place program. This new initiative aims to address the housing modification needs of seniors, ensuring their safety and independence in their own homes through installations of accessibility ramps, walk-in bathtubs, handrails, and other necessary modifications.

In summary, Habitat for Humanity of Northern Fox Valley is a passionate and dedicated organization that works tirelessly to provide decent shelter for low-income families and seniors. Through their construction, renovation, and home preservation services, they strive to create safe and secure living environments for individuals and families in need, promoting housing equality and empowering communities.

Impact

This information is meant to be a general summary of Habitat For Humanity Of Northern Fox Valley. 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 Northern Fox Valley's impact is significant in providing affordable housing solutions to low-income families in need. In the past fiscal year, the organization completed and sold eight new single-family homes in various locations, including Crystal Lake, Batavia, Carpentersville, and South Elgin, Illinois. These homes were sold at fair market value to low-income buyers, financed with zero-interest loans provided by Northern Fox Valley.

Moreover, the organization expanded its services by introducing an Aging in Place program, alongside existing programs like Brush with Kindness and Critical Home Repair. The Aging in Place program aims to address the housing modification needs of seniors, enabling them to live more safely and independently in their homes. This program includes the installation of accessibility ramps, walk-in bathtubs, handrails, upgraded lighting, levered door handles, and other modifications tailored to each senior's specific needs.

Overall, Habitat For Humanity Of Northern Fox Valley's dedication to advocating for those in need of decent shelter and its commitment to building and renovating affordable houses have made a significant impact in the community, providing a tangible solution to the housing challenges faced by low-income individuals and seniors in the area.





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: $-209,329
  • Program Service Revenue: $4,241,840
  • Gross Receipts: $6,396,548

    • Assets and Liabilities:
  • Total Assets: $14,690,641
  • Total Liabilities: $5,531,009
  • Net Assets: $9,159,632
  • Programs

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

    RESTORE SALES

    Revenue

    $2,910,980

    TRANSFERS TO HOMEOWNERS

    Revenue

    $815,671

    MORTGAGE DISCOUNT AMORTIZATIO

    Revenue

    $515,189

    Organization Details

    Founding Year

    1990

    Principal Officer

    Barbara Tomczyk

    Main Address

    56 SOUTH GROVE AVENUE, ELGIN, IL, 60120

    NTEE Category

    Code: L20Z - Housing

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