Better Business Bureau Report for
Habitat for Humanity Virginia, Inc.

Better Business Bureau Report issued November 2013
Better Business Bureau Report expires December 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Habitat for Humanity Virginia, Inc.
Address: 4224 Cox Road, Suite 137
PO Box 3358
  Glen Allen, VA 23058
Phone: 804-935-0202
804-935-3083
Web Address: www.habitatvirginia.org
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Better Business Bureau Comments

Year, State Incorporated: 2005, Virginia
Affiliates: None
Stated Purpose: Habitat for Humanity Virginia, Inc. seeks to promote the mission of Habitat for Humanity International to provide home ownership opportunities for those in need of safe, decent, affordable housing. The organization will support the work of local affiliates of Habitat for Humanity International located in the Commonwealth of Virginia.

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Evaluation Conclusions

              

Habitat for Humanity Virginia, Inc. meets the 20 Standards for Charity Accountability.
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Programs

              

Habitat For Humanity of Virginia helps to advance the cause of affordable housing in Virginia by increasing the capacity of the 47 member Habitat Affiliates in Virginia. In the past five years we have conducted 11 training meetings, each of which addressed a number of topics. In the past two years, we have secured more than $5 million in funds for our member affiliates to use for land purchases, house construction, sustainable features, and the purchase and rehab of foreclosed houses. The overall purposes for which the Corporation is organized are as follows: (a) To promote the mission and work of Habitat for Humanity to provide decent affordable housing to those in need and create a better human habitat for economically disadvantaged people; (b) To develop and manage statewide programs and resources to benefit Virginia affiliates, including fundraising, increased public awareness of the Habitat for Humanity mission, and advocacy for local and state legislation to meet Virginia housing needs; (c) To work with Virginia affiliates to generate resources to strengthen their organizational capacity, their production of affordable homes, and the success of their homeowners; (d) To work in cooperation with other agencies and groups which have a similar or compatible purpose; (e) To enable an expanding number of persons from all walks of life to participate in this mission as homeowners, volunteers, and donors; and (h) To witness to and implement the Gospel of Jesus Christ in the Commonwealth of Virginia through the spoken and written words and deeds.

For the fiscal year ended June 30, 2010, Habitat for Humanity Virginia, Inc.'s program expenses were:

  
NSP Expenses 1,600,998
Grants Expenses 262,769
Total Program Expenses: $1,863,767
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Governance

              

Chief Executive : W. Overton McGehee, Executive Director
Compensation*: 
$50,000

Chair of the Board: Betsy Whitney
Chair's Profession / Business Affiliation: Deputy Director, Habitat for Humanity in the Roanoke Valley

Board Size: 17

Paid Staff Size: 8

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

grant proposals, membership
Fund raising costs were % of related contributions. (Related contributions, which totaled $1,849,688, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Habitat for Humanity Virginia, Inc.'s audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
NSP Funding 1,638,448
Restricted Grants 120,450
Agency Funding Sources 81,200
Grant Writing Fees 69,640
Affiliate Reimbursements 11,045
Affiliate Member Dues 9,850
VHDA Grant 5,000
Donations 4,590
Meetings & Training 1,499
Interest 814
Total Income $1,942,536


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: Less than 1%  Administrative: 11% 

Total income $1,942,536
Program expenses $1,863,767
Fund raising expenses 3,901
Administrative expenses 219,590
Total expenses $2,087,258
Expenses in Excess of Income (144,722)
Beginning net assets 160,781
Ending net assets 19,960
Total liabilities 154,288
Total assets $174,248


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