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Habitat For Humanity Of Hobbs Nm Area

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

EIN: 850455143 ✦ Hobbs, NM ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Of Hobbs Nm Area?

Habitat for Humanity of Hobbs, New Mexico Area is a dedicated nonprofit organization, located at PO Box 5833, Hobbs, NM 88241. Their primary focus is on construction, sale, and financing of housing for low-income families. This mission is in place to contribute positively to the local community, providing essential shelter options for those who might not otherwise be able to afford it. With a team of 10 dedicated individuals, they work tirelessly towards their goal, contributing to the well-being and stability of families in the Hobbs area.


Is Habitat For Humanity Of Hobbs Nm Area legitimate?

Habitat For Humanity Of Hobbs Nm Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Hobbs Nm Area 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: $250,095

For more financial information, click here


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

Mission Statement of Habitat For Humanity Of Hobbs Nm Area

Habitat for Humanity of Hobbs NM Area is committed to a mission that involves constructing, selling, and financing homes for families with limited income. This nonprofit organization aims to make a significant impact in the lives of these families by providing them with decent and affordable housing. By carrying out this mission, Habitat for Humanity of Hobbs NM Area contributes to thewell-being and stability of the communities it serves.

The organization's mission is centered around the construction of homes for low-income families. This process involves not only building the physical structures but also ensuring that the homes are sold and financed in a way that is accessible and sustainable for the families who will live in them. By providing affordable housing, Habitat for Humanity of Hobbs NM Area enables families to focus on other essential aspects of their lives, such as securing employment and education for their children.

In summary, Habitat for Humanity of Hobbs NM Area is a dedicated nonprofit organization that works tirelessly to provide low-income families with the opportunity to own their homes. Through its mission of construction, sale, and finance of housing, the organization contributes to the overall improvement of the communities it serves, offering families a stable foundation upon which they can build better lives.

Impact

This information is meant to be a general summary of Habitat For Humanity Of Hobbs Nm Area. 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 Hobbs NM Area has a significant impact on the community by providing construction, sale, and financing of housing to low-income families. This organization helps address the housing needs of vulnerable populations in Hobbs, NM, by offering affordable homeownership opportunities. Through their mission of providing housing solutions to those in need, they contribute to the overall welfare and stability of the community. Their work has a direct and tangible impact on improving the living conditions and quality of life for low-income families 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 2022.

  • Investment Income: $5,609
  • Program Service Revenue: $531,733
  • Gross Receipts: $1,009,871

    • Assets and Liabilities:
  • Total Assets: $4,895,626
  • Total Liabilities: $10,437
  • Net Assets: $4,885,189
  • Programs

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

    GAIN ON SALE OF HOMES

    Revenue

    $531,733

    Organization Details

    Principal Officer

    Jared Sloan

    Main Address

    PO BOX 5833, HOBBS, NM, 88241

    NTEE Category

    Code: L200 - Housing

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