Habitat For Humanity Of Butte County

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

EIN: 680262142 ✦ Chico, CA ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Of Butte County?

Habitat for Humanity of Butte County is a nonprofit organization situated in Chico, California. Their primary mission is to provide affordable and sustainable housing options for families with limited income, revitalizing neighborhoods in the process. The organization offers homeownership opportunities to families who struggle to secure conventional financing, falling within the income bracket of 50-80% of the area median income. The homeowners contribute through sweat equity hours, make a 2000 down payment, and take on a long-term, low-interest mortgage. With a workforce of 31 individuals, Habitat for Humanity of Butte County continues to build and improve living spaces for the community.


Official website here: www.buttehabitat.org

Is Habitat For Humanity Of Butte County legitimate?

Habitat For Humanity Of Butte County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Butte 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: $94,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $605,730

For more financial information, click here


Official website here: www.buttehabitat.org

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

Habitat for Humanity of Butte County is dedicated to constructing affordable and sustainable housing, aiming to revitalize neighborhoods for families with limited income levels. This non-profit organization provides an opportunity for eligible families, who earn between 50-80% of the area median income, to become homeowners. The families contribute sweat equity hours towards their future residence and make a down payment of 2,000 dollars. Upon completion, they are granted a low-interest mortgage, with repayment terms ranging from 20 to 40 years. The selection process prioritizes families based on their need for housing, willingness to partner with Habitat, and their ability to repay a loan.


Official website here: www.buttehabitat.org

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

Nicole Bateman is the Executive Di of Habitat For Humanity Of Butte County.


Official website here: www.buttehabitat.org

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

Habitat For Humanity Of Butte County's revenue in 2022 was $1,835,922.


Official website here: www.buttehabitat.org

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

The average compensation at Habitat For Humanity Of Butte County during 2022 was $22,602. There are 31 employees and 9 volunteers at Habitat For Humanity Of Butte County.

Here are 10 key members and their salaries:

    Nicole Bateman (Executive Di)
  • Compensation: $94,923
  • Related: $0
  • Other: $0

    • Tom Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Linhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Macias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Shippen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Henker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Kludt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Creighton (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Hayes (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Olivares (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.buttehabitat.org

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

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


    Official website here: www.buttehabitat.org

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

    Mission Statement of Habitat For Humanity Of Butte County

    Habitat for Humanity of Butte County is committed to a mission that involves constructing affordable and sustainable housing units, as well as revitalizing neighborhoods, to cater to families with limited incomes. This nonprofit organization's primary goal is to offer homeownership opportunities to families who struggle to secure conventional house financing, typically earning between 50-80% of the area median income.

    To achieve this mission, Habitat for Humanity of Butte County implements a unique program where eligible families work towards their homeownership through sweat equity hours. This means that the homeowners contribute labor hours towards building their own homes, in addition to making a 2,000 down payment and agreeing to a 20 to 40-year low-interest mortgage. This program not only provides families with an affordable living space but also instills a sense of pride and ownership in their homes.

    By building affordable and sustainable housing, Habitat for Humanity of Butte County helps to revitalize neighborhoods and create vibrant communities. This, in turn, benefits all residents by improving the overall quality of life and fostering a sense of belonging. By selecting homeowners based on their need for housing, willingness to partner with Habitat, and their ability to repay a loan, the organization ensures that its mission is carried out effectively and sustainably, allowing families to build a better future for themselves.

    Impact

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




    Saturday, July 20, 2024

    Habitat For Humanity Of Butte County's impact is significant in providing affordable and sustainable housing solutions for families with limited incomes in Chico, CA. Through their program, families who earn between 50-80% of the area median income are given homeownership opportunities that they might not have access to through conventional house financing. By requiring sweat equity hours, a down payment, and a low-interest mortgage, Habitat For Humanity empowers families to become homeowners and revitalize neighborhoods. Their focus on housing not only addresses the immediate needs of these families but also contributes to creating stronger communities and fostering stability for generations to come.





    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: $21,911
  • Program Service Revenue: $91,388
  • Gross Receipts: $2,240,441

    • Assets and Liabilities:
  • Total Assets: $4,297,394
  • Total Liabilities: $828,105
  • Net Assets: $3,469,289
  • Programs

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

    MORTGAGE DISCOUNT AMORT

    Revenue

    $91,388

    Organization Details

    Founding Year

    1993

    Principal Officer

    Nicole Bateman

    Main Address

    220 MEYERS ST, CHICO, CA, 95928

    NTEE Category

    Code: L20 - Housing

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