Overview
What is Yates County Habitat For Humanity?
Yates County Habitat for Humanity is a nonprofit organization situated in Penn Yan, New York. With a mission deeply rooted in ecumenical Christian values, this organization collaborates with individuals in need to construct and renovate decent, affordable homes. The houses are then sold to eligible candidates at no profit and without any interest charged, making homeownership an achievable goal for those who might otherwise struggle to afford it. This initiative expands housing opportunities in the Yates County community, contributing positively to local living standards.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Yates County Habitat For Humanity has received a solid rating of 87%, indicating a strong performance in accountability and financial management. The rating is based entirely on a single beacon score that reflects the organization’s financial health and transparency. The charity excels in areas such as having a fully independent board, a clean record with no asset diversions, and a high percentage of program expenses directed towards its mission.
Key strengths of Yates County Habitat For Humanity include its commitment to accountability, with all board members being independent and a well-documented governance structure. The organization boasts a program expense ratio of nearly 94%, suggesting that a significant portion of its funding goes directly to its charitable activities. This level of financial responsibility is commendable and speaks to the organization’s dedication to effectively serving the community.
While the rating is strong, it is important to note that the assessment is based solely on financial metrics. This means that other aspects of the organization’s impact and operational effectiveness may not be fully represented in the rating. Nonetheless, the transparency in its operations and the focus on community service remain notable attributes of Yates County Habitat For Humanity.
This AI summary has been generated from information found on Charity Navigator.
Is Yates County Habitat For Humanity legitimate?
Yates County Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yates County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yates County Habitat For Humanity?
Yates County Habitat for Humanity is an ecumenical Christian housing organization that works in partnership with individuals in need. Their mission is to construct and renovate decent, affordable housing, selling these homes to those in need without charging any profit or interest. This organization aims to make homeownership possible for residents who might not be able to afford it without their assistance, ultimately contributing to the betterment of the community.
Who is the CEO of Yates County Habitat For Humanity?
Richard Smith is the Treasurer of Yates County Habitat For Humanity.
What is the revenue of Yates County Habitat For Humanity?
Yates County Habitat For Humanity's revenue in 2023 was $212,729.
Who are the executives of Yates County Habitat For Humanity and what are their salaries?
There 30 volunteers at Yates County Habitat For Humanity.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yates County Habitat For Humanity?
Yates County Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yates County Habitat For Humanity
Yates County Habitat for Humanity, as an ecumenical Christian housing organization, partners with individuals in need to construct and renovate decent, affordable homes. This nonprofit organization operates on the principle of selling these houses to those in need at no profit and without charging interest. By doing so, Yates County Habitat for Humanity enables residents who may not otherwise be able to afford a home to become homeowners. This mission is rooted in the belief that everyone deserves a safe and affordable place to live.
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Impact
October, 2024
Yates County Habitat For Humanity plays a crucial role in addressing the need for decent and affordable housing in the community. By partnering with individuals and families in need, it facilitates the construction and renovation of homes, ensuring that those who would otherwise struggle to afford housing can achieve homeownership.
The organization constructs houses, which are sold at no profit and with no interest charged, allowing residents to secure stable, affordable homes. This model not only helps improve living conditions but also empowers families by providing them with the opportunity to invest in their futures. Through its efforts, Yates County Habitat For Humanity contributes significantly to the economic and social well-being of the community, transforming lives and fostering a sense of stability and belonging for those it serves.
This information is meant to be a general summary of Yates County 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: $5,999
- Program Service Revenue: $145,777
- Gross Receipts: $212,729
Assets and Liabilities:
- Total Assets: $413,844
- Total Liabilities: $0
- Net Assets: $413,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE PRINCIPAL
Revenue
$132,977
RENT AND DOWN PAYMENT
Revenue
$12,800
Organization Details
Founding Year
1989
Phone
(585) 526-7090Principal Officer
Richard Smith
Main Address
PO BOX 391, PENN YAN, NY, 14527
NTEE Category
Code: L20 - Housing
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