Overview
What is Habitat For Humanity Of Greater Bangor?
Habitat for Humanity of Greater Bangor is a nonprofit organization situated in Bangor, Maine, specifically at 382 Harlow Street, 04401. The primary mission of this organization is to put God's love into action by bringing people together to construct affordable housing, foster community development, and instill hope. They specialize in constructing and financing homes for low-income families residing in Penobscot County, Maine. With a dedicated workforce of eight individuals, Habitat for Humanity of Greater Bangor embodies a commitment to improving living conditions and fostering a sense of community for those in need.
Official website here: www.habitatbangor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
Habitat For Humanity of Greater Bangor has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates a strong governance structure with 100% of its board members being independent, which reflects positively on its oversight capabilities. Additionally, it shows a solid program expense ratio of 71.41%, suggesting that the majority of its expenses are directed towards its mission-related activities.
Despite its strengths, the organization has some areas needing improvement. Notably, it is missing crucial policies such as a whistleblower policy and a document retention and destruction policy, which may raise concerns about transparency and accountability. Furthermore, while its liabilities to assets ratio is healthy at 48.29%, the absence of these policies could hinder trust among stakeholders.
Overall, while Habitat For Humanity of Greater Bangor exhibits strong financial management and governance, addressing its missing policies would enhance its overall rating and public perception. The reported salary for the Executive Director is $69,164, which aligns with sector norms but should be monitored in relation to total expenses.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Greater Bangor?
90% of 14 reviewers on Facebook recommend Habitat for Humanity of Greater Bangor. Here is a summary of their reviews:
Overall, many supporters appreciate the organization's mission and efforts to provide affordable housing solutions. However, there are notable concerns regarding the selection process for applicants. Some users feel that the organization may not prioritize the most needy or vulnerable applicants and have raised issues about the integrity of certain applications.
Despite these criticisms, a significant portion of the feedback indicates a belief in the positive impact of Habitat for Humanity's work in the community. The organization's commitment to building homes and transforming lives resonates with many, suggesting that it successfully fulfills its core mission while facing challenges in its applicant assessment process.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Greater Bangor legitimate?
Habitat For Humanity Of Greater Bangor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Greater Bangor 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $65,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,799
For more financial information, click here
Official website here: www.habitatbangor.org
What is the mission statement of Habitat For Humanity Of Greater Bangor?
Habitat for Humanity of Greater Bangor, in its mission, aims to embody God's love by bringing people together to construct homes, foster communities, and cultivate hope. Their primary objective is to provide affordable housing for low-income families, thereby contributing to the betterment of communities. This organization's work is centered around the belief that everyone deserves a decent place to live. Through their initiatives, they strive to improve lives and create stronger, more connected communities.
Official website here: www.habitatbangor.org
Who is the CEO of Habitat For Humanity Of Greater Bangor?
Jacob Baker is the President of Habitat For Humanity Of Greater Bangor.
Official website here: www.habitatbangor.org
What is the revenue of Habitat For Humanity Of Greater Bangor?
Habitat For Humanity Of Greater Bangor's revenue in 2022 was $567,425.
Official website here: www.habitatbangor.org
Who are the executives of Habitat For Humanity Of Greater Bangor and what are their salaries?
The average compensation at Habitat For Humanity Of Greater Bangor during 2022 was $24,027. There are 8 employees and 36 volunteers at Habitat For Humanity Of Greater Bangor.
Here are 16 key members and their salaries:
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Official website here: www.habitatbangor.org
Where can I find the form 990 for Habitat For Humanity Of Greater Bangor?
Habitat For Humanity Of Greater Bangor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatbangor.org
Learn more at the official website: www.habitatbangor.org
Mission Statement of Habitat For Humanity Of Greater Bangor
Habitat for Humanity of Greater Bangor, a dedicated nonprofit organization, is committed to manifesting God's love by bringing people together to construct homes, foster communities, and cultivate hope. Their primary mission is to engage in the construction and financing of housing for families with limited income, specifically in Penobscot County, Maine. By doing so, they aim to contribute to the betterment of communities and uplift individuals, instilling a sense of hope and improvement in their lives.
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Impact
July, 2024
Habitat For Humanity Of Greater Bangor's impact is evident in the construction and financing of housing for low-income families in Penobscot County, Maine. Through their mission of bringing people together to build homes, communities, and hope, they have been able to provide affordable housing solutions to those in need. Their work not only addresses the immediate housing crisis but also fosters a sense of community and stability for individuals and families. By putting God's love into action, Habitat For Humanity Of Greater Bangor positively impacts the lives of many in the Bangor area.
This information is meant to be a general summary of Habitat For Humanity Of Greater Bangor. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Program Service Revenue: $124,409
- Gross Receipts: $772,192
Assets and Liabilities:
- Total Assets: $821,124
- Total Liabilities: $207,144
- Net Assets: $613,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO HOMEOWNERS
Revenue
$100,000
MORTGAGE DISCOUNT AMOR
Revenue
$20,124
OTHER
Revenue
$4,285
Organization Details
Founding Year
1988
Phone
(207) 942-8977Principal Officer
Jacob Baker
Main Address
382 HARLOW STREET, BANGOR, ME, 04401
Website
www.habitatbangor.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Greater Bangor and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.