Charity ReviewIssued: February 2016 Expires: February 2018
Habitat for Humanity Portland/Metro East
Standards for Charity Accountability
Habitat for Humanity Portland/Metro East meets the 20 Standards for Charity Accountability.
Habitat for Humanity Portland/Metro East's mission is to create successful homeownership by partnering hardworking families in need with the community to build healthy, affordable homes.
Incorporated: 1981 in OR
Also Known As: Portland Habitat for Humanity
Habitat for Humanity Portland/Metro East revitalizes neighborhoods, builds affordable and sustainable homes, and empowers families through successful homeownership. Habitat for Humanity Portland/Metro East is an independent affiliate of Habitat for Humanity International, a global home building movement.
Habitat welcomes people from all walks of life to partner in serving families in need and creating a better community for everyone who lives here. Habitat serves Multnomah and Northern Clackamas Counties, and has built over 260 homes in partnership with local families. Collectively, Habitat for Humanity has built over 800,000 homes worldwide.
Habitat works with qualified, low-income families to help them realize the dream of owning their own home. They believe that building equity is a long-term solution to the problem of generational poverty. Habitat is one of the only organizations that offers homeownership opportunities to hardworking families making as little as $20,800 (for a family of four). They do this through a hand-up, not hand-out model in which homeowners help to build and then buy their home from Habitat.
Here's how it works: after completing 500 sweat equity hours, families sign their 0%-interest mortgages and make monthly payments that are based on less than 30% of their monthly incomes. These payments go into the Revolving Fund for Humanity to pay it forward, helping to build more homes. Additionally, Habitat offers home repair services to low-income homeowners, using the same 0%-interest loan and sweat equity model. Instead of being in a vulnerable and fragile economic position, Habitat families find themselves in a position of strength. Habitat homeowners are committed and successful. They have experienced less than a 1% default rate on our mortgages, lower than the national average. By providing a hand up, not a handout, their program prepares and empowers those they serve.
Board Chair: Dawn Holden, VP, Direct Lending Group Business Affiliation: Umpqua Bank
CEO: Mr. Steve Messinetti, President & CEO Business Affiliation: Habitat for Humanity Portland/Metro East
Board Size: 19
% of Related Contributions on Fundraising: 24.30%
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.
The following information is based on Habitat for Humanity Portland/Metro East Consolidated Audited Financial Statements for the fiscal year ending Tuesday, June 30, 2015.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.
This report is not to be used for fund raising or promotional purposes.