Better Business Bureau Report for
Greater Cleveland Habitat for Humanity

Better Business Bureau Report issued March 2017
Better Business Bureau Report expires March 2018


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Greater Cleveland Habitat for Humanity
Address: 2110 W 110th St
  Cleveland, OH 44102
Phone: 216-429-1299
216-429-3631
Web Address: http://www.clevelandhabitat.org
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Better Business Bureau Comments

Year, State Incorporated: 1987, Ohio
Affiliates: None
Stated Purpose: Greater Cleveland Habitat for Humanity, a Christian-based organization, develops opportunties for all of God's people to act out their faith. By working in partnerships to eliminate substandard housing we enable families and volunteers to improve lives. We create hope by building homes, strengthening neighborhoods and reweaving communities.

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Evaluation Conclusions

              

Greater Cleveland Habitat for Humanity (GCHFH) meets the 20 Standards for Charity Accountability.
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Programs

              

Greater Cleveland Habitat for Humanity is a 501 (c)(3) nonprofit charitable organization that offers qualified families, with demonstrated need, willingness to partner, and the ability to pay a zero-interest loan, an opportunity to build and buy a home. It brings urban and suburban communities together to “eliminate poverty housing and homelessness from the world, and to make decent shelter a matter of conscience and action”. As an affiliate of Habitat for Humanity International, we are part of a worldwide powerhouse building in 3,000 locations across 70 countries. How does it work Individuals, corporations, congregations, and organizations donate money to buy building materials and support operations. After an extensive application process, Partner Families invest at least 250 hours in the Habitat process, including substantial volunteer time in the construction of their own safe, affordable, energy efficient, home. They then purchase the home with a no-interest, no-profit mortgage. Who is Greater Cleveland Habitat for Humanity? Skilled volunteers work countless hours with less-experienced volunteers and the Habitat professional staff provides materials, support, expertise, encouragement, and advice so that the job is done properly, safely, and according to code. Why Does This Program Work? The investment of "sweat equity" volunteer hours by each Partner Family increases their appreciation for home ownership while imparting the knowledge to help maintain a home. Additional training in financial literacy, budget management, and routine maintenance helps to ensure long-term success. The eventual access to equity funds college educations and ongoing home improvements. The volunteer experience teaches skills, teamwork, community, and makes all of us better people in the process!

For the fiscal year ended March 31, 2016, GCHFH's program expenses were:

  
Programs 2,924,467
Total Program Expenses: $2,924,467
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Governance

              

Chief Executive : John Habat , President & CEO
Compensation*: 
$168,333

Chair of the Board: Robert Walker
Chair's Profession / Business Affiliation: President, The Private Bank & Trust Co.

Board Size: 24

Paid Staff Size: 48

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

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, internet
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $4,277,821, 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 GCHFH's audited financial statements for the fiscal year ended March 31, 2016.

Source of Funds  
ReStore sales 1,801,500
Contributions 1,589,825
Home sales 790,000
Other donated goods and services 101,523
Rental income 29,344
Service fees and other income 18,905
Special events -5,027
Total Income $4,326,070


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 7%  Administrative: 7% 

Total income $4,326,070
Program expenses $2,924,467
Fund raising expenses 243,061
Administrative expenses 248,276
Total expenses $3,415,804
Income in Excess of Expenses 910,266
Beginning net assets 2,290,351
Ending net assets 3,200,617
Total liabilities 417,912
Total assets $3,618,529


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Comments

              

The organization wanted to clarify that the income in excess of expenses number in the report reflects $710,000 in mortgages issued by the organization.  These funds increase the organization's assets, but don't increase their cash flow. 

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