Iowa Valley Habitat for Humanity Inc

Nonprofit profile at a glance

EIN
421410210
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Iowa City, IA, USA
Phone
3193378949
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,512,611
Expenses
$3,131,136
Assets
$4,184,790
Liabilities
$1,822,173

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • HUGHS JOE (VP (END 12/24)/PRESIDENT(BEG 1/25))
  • MINETOS TARA (PRESIDENT (THRU 12/2024))
  • HAWES SCOTT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • HAWES SCOTT (EXECUTIVE DIRECTOR): $88,931 total reported compensation
  • ASH-MOORE REGINA (FINANCE DIRECTOR): $62,741 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mission: seeking to put god's love into action, habitat for humanity brings people together to build homes, communities and hope. Vision: a world where everyone has a decent place to live.

What it reported doing in 2024

Construction of homes: served low-income families who face barriers to accessing safe, decent, and affordable housing by engaging communities, recruiting volunteers, and fundraising to construct energy efficient homes and securing affordable financing. Homeownership program reduced barriers to homeownership, ensured households were not financially strapped by housing costs, and built generational wealth for four low-income families. Through helping hands affordable home repair program, served 39 very/ extremely low-income households that endured unsafe and inadequate housing. Staff, volunteers, donors and other stakeholders worked diligently so that projects improved physical and financial health for the members in each household by improving accessibility, removing fall hazards, and repairing electrical, mechanical, and plumbing systems. Payment for services was subsidized by Iowa valley habitat for humanity and structured to ensure needed repairs did not create a financial burden for those in need.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 91
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.7%; rating input score 77
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: $14.01 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.9%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 24th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 76.7% of revenue deployed · 85.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $2.7M in reported program spending
  • Leadership: top reported pay $89K · 17 people listed
  • Highest-paid contractors: 1 contractor listed · $108K reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.