Overview
What is Midcoast Habitat For Humanity?
Midcoast Habitat for Humanity is a dedicated nonprofit organization located in Rockport, Maine. With a strong commitment to its mission, it collaborates with volunteers, local organizations, and various sectors to construct or renovate affordable homes for qualified, low-income families residing in Knox County. The organization's activities focus on building or repairing safe, decent homes, thereby providing homeownership opportunities to those in need. Through partnerships with individuals, local companies, civic organizations, and government entities, Midcoast Habitat for Humanity strives to contribute positively to the community, thereby improving the living conditions of its residents. The organization currently employs a team of 8 dedicated individuals.
Official website here: www.midcoasthabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Midcoast Habitat For Humanity has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization has demonstrated excellent governance with a fully independent board and high scores in areas such as audit oversight and material asset management, indicating a commitment to transparency and responsible financial practices.
The nonprofit allocates a significant portion of its budget to programs, achieving a program expense ratio of 80.65%, which highlights its focus on fulfilling its mission to provide housing solutions. With no noted material diversion of assets, the organization shows reliability in managing its resources effectively.
However, there are some areas for improvement, particularly the absence of a whistleblower policy, which is a critical component of ethical governance. Enhancing this aspect could further bolster trust among stakeholders and demonstrate a commitment to safeguarding the interests of the organization and its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Midcoast Habitat For Humanity legitimate?
Midcoast Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midcoast Habitat For Humanity 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: $81,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,202
For more financial information, click here
Official website here: www.midcoasthabitat.org
What is the mission statement of Midcoast Habitat For Humanity?
Midcoast Habitat for Humanity, through partnerships with individuals, local companies, civic organizations, and government entities, constructs or repairs safe, decent, and affordable housing, providing homeownership opportunities to low-income families. Their mission is centered around building a community where everyone has a place to call home. This organization relies on the assistance of volunteers and local organizations to help qualified, low-income applicants in their renovation projects or the construction of new homes. By doing so, Midcoast Habitat for Humanity aims to contribute to a more equitable and inclusive society.
Official website here: www.midcoasthabitat.org
Who is the CEO of Midcoast Habitat For Humanity?
Susan Taylor is the Interim Pres of Midcoast Habitat For Humanity.
Official website here: www.midcoasthabitat.org
What is the revenue of Midcoast Habitat For Humanity?
Midcoast Habitat For Humanity's revenue in 2023 was $1,704,074.
Official website here: www.midcoasthabitat.org
Who are the executives of Midcoast Habitat For Humanity and what are their salaries?
The average compensation at Midcoast Habitat For Humanity during 2023 was $29,787. There are 8 employees and 310 volunteers at Midcoast Habitat For Humanity.
Here are 14 key members and their salaries:
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Official website here: www.midcoasthabitat.org
Where can I find the form 990 for Midcoast Habitat For Humanity?
Midcoast Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.midcoasthabitat.org
Learn more at the official website: www.midcoasthabitat.org
Mission Statement of Midcoast Habitat For Humanity
Midcoast Habitat for Humanity, an organization dedicated to social causes, aims to build or repair safe, decent, and affordable housing for low-income families in Knox County, Maine. Through collaborations with individuals, local companies, civic organizations, and government bodies, the nonprofit provides opportunities for homeownership to those in need. Midcoast Habitat for Humanity achieves this mission by constructing new homes or renovating existing ones with the help of numerous volunteers and local organizations. Qualified, low-income applicants are the primary beneficiaries of these initiatives, ensuring that they can secure a stable and comfortable living environment. By focusing on affordable housing, Midcoast Habitat for Humanity plays a crucial role in enhancing the quality of life for its targeted community members.
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Impact
July, 2024
Midcoast Habitat For Humanity's impact is significant in Knox County, Maine. By partnering with individuals, local companies, civic organizations, and government entities, the organization constructs new homes and repairs existing ones to provide safe, decent, and affordable housing options. Through these efforts, Midcoast Habitat For Humanity creates homeownership opportunities for low-income families in the area. This initiative addresses the critical need for accessible housing solutions and contributes to strengthening communities in Knox County.
This information is meant to be a general summary of Midcoast Habitat For Humanity. 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 2023.
- Investment Income: $3,893
- Program Service Revenue: $922,545
- Gross Receipts: $1,826,402
Assets and Liabilities:
- Total Assets: $4,111,260
- Total Liabilities: $1,237,349
- Net Assets: $2,873,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFERS TO HOMEOWNERS
Revenue
$913,445
TRIP HOSTING
Revenue
$9,100
Organization Details
Founding Year
1990
Phone
(207) 236-6123Principal Officer
Susan Taylor
Main Address
799 WEST STREET, ROCKPORT, ME, 04856
Website
www.midcoasthabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Midcoast Habitat For Humanity 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.