Overview
What is Habitat For Humanity 7 Rivers Maine?
Habitat for Humanity 7 Rivers Maine, located at 126 Main Street, Topsham, ME 04086, is a dedicated nonprofit organization. Their mission is to offer secure, eco-friendly, and economical housing solutions by constructing new homes and repairing or weatherizing existing ones in Lincoln, Sagadahoc Counties, and Brunswick Town, Maine. They accomplish this mission in collaboration with local churches, congregations, volunteers, and businesses. Their work has resulted in the weatherization of numerous homes, enhancing living conditions for many residents. With a team of seven dedicated individuals, Habitat for Humanity 7 Rivers Maine continuously strives to create sustainable and affordable housing opportunities for the community.
Official website here: www.habitat7rivers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Habitat For Humanity 7 Rivers Maine has achieved an 84% rating, reflecting a solid commitment to accountability and financial management. The rating is based entirely on the Accountability & Finance score, with significant strengths noted in governance and financial practices. The organization boasts an independent board with 100% of its members being independent, and it receives high marks for its audit processes and the absence of material diversion of assets.
While the organization shows strong financial ratios, including a low liabilities-to-assets ratio and a substantial program expense ratio, there are some areas for improvement. Notably, the organization is missing a whistleblower policy, which could be a point of concern for stakeholders regarding internal accountability. Additionally, while most financial documents are appropriately posted on their website, the absence of a whistleblower policy may suggest a need for enhanced transparency.
Overall, Habitat For Humanity 7 Rivers Maine demonstrates effective management and a commitment to its mission, but the lack of certain policies indicates room for growth in governance practices. This organization is making a positive impact, but stakeholders may want to see further development in its operational protocols.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity 7 Rivers Maine legitimate?
Habitat For Humanity 7 Rivers Maine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity 7 Rivers Maine 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: $66,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,881
For more financial information, click here
Official website here: www.habitat7rivers.org
What is the mission statement of Habitat For Humanity 7 Rivers Maine?
Habitat for Humanity 7 Rivers Maine strives to offer safe, sustainable, and affordable housing opportunities through various means. This is achieved by constructing new homes and repairing and weatherizing existing ones in Lincoln and Sagadahoc counties and the town of Brunswick. The organization collaborates with local churches, congregations, volunteers, and businesses to accomplish these tasks, ultimately aiming to provide decent living spaces for individuals in need.
Official website here: www.habitat7rivers.org
Who is the CEO of Habitat For Humanity 7 Rivers Maine?
Adam Lacher is the Interm President of Habitat For Humanity 7 Rivers Maine.
Official website here: www.habitat7rivers.org
What is the revenue of Habitat For Humanity 7 Rivers Maine?
Habitat For Humanity 7 Rivers Maine's revenue in 2022 was $610,759.
Official website here: www.habitat7rivers.org
Who are the executives of Habitat For Humanity 7 Rivers Maine and what are their salaries?
The average compensation at Habitat For Humanity 7 Rivers Maine during 2022 was $14,491. There are 7 employees and 100 volunteers at Habitat For Humanity 7 Rivers Maine.
Here are 7 key members and their salaries:
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- Compensation: $71,107
- Related: $0
- Other: $0
Official website here: www.habitat7rivers.org
Where can I find the form 990 for Habitat For Humanity 7 Rivers Maine?
Habitat For Humanity 7 Rivers Maine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitat7rivers.org
Learn more at the official website: www.habitat7rivers.org
Mission Statement of Habitat For Humanity 7 Rivers Maine
Habitat for Humanity 7 Rivers Maine is committed to delivering safe, sustainable, and affordable homeownership opportunities for individuals and families. They accomplish this mission through various means, including constructing new homes and repairing and weatherizing existing homes in Lincoln, Sagadahoc counties, and the town of Brunswick. By collaborating with local churches, congregations, volunteers, and businesses, this nonprofit organization has successfully weatherized numerous homes, contributing to the overall well-being of the community. Habitat for Humanity 7 Rivers Maine's primary goal is to provide a solid foundation for individuals and families to build their lives upon, ensuring a brighter future for all involved.
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Impact
July, 2024
Habitat For Humanity 7 Rivers Maine's impact lies in providing safe, sustainable, and affordable homeownership opportunities through new home construction and the repair and weatherizing of existing homes in Lincoln and Sagadahoc counties and the town of Brunswick. The organization has completed weatherization of numerous homes in partnership with local churches, congregations, volunteers, and local businesses, contributing to the well-being of the community and addressing the critical need for affordable housing in the region.
This information is meant to be a general summary of Habitat For Humanity 7 Rivers Maine. 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: $6,578
- Program Service Revenue: $38,612
- Gross Receipts: $834,269
Assets and Liabilities:
- Total Assets: $1,185,536
- Total Liabilities: $139,102
- Net Assets: $1,046,434
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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
$26,282
OTHER
Revenue
$6,299
MORTGAGE DISCOUNT AMOR
Revenue
$6,031
Organization Details
Founding Year
1990
Phone
(207) 504-9333Principal Officer
Adam Lacher
Main Address
126 MAIN STREET, TOPSHAM, ME, 04086
Website
www.habitat7rivers.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity 7 Rivers Maine 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.