Overview
What is Allegany Co Habitat For Humanity Inc?
Allegany Co Habitat For Humanity Inc, located in Lavelle, Maryland, is a dedicated nonprofit organization with a single employee. Their primary mission is to offer financial and construction assistance to low-income individuals, enabling them to construct safe and adequate housing for themselves. The organization's purpose extends beyond just providing financial aid, as they also actively participate in the construction process to ensure that the homes meet the necessary standards.
Official website here: www.alleganycountyhfh.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Allegany Co Habitat For Humanity Inc has earned a respectable Three-Star rating from Charity Navigator, with a score of 76%. This score reflects a strong emphasis on accountability and finance, showcasing the organization's commitment to operating transparently and effectively. It is noteworthy that the charity has received full marks for its independent board composition and has shown no material diversion of assets.
The organization’s financial health is underscored by its impressive program expense ratio of nearly 79%, indicating that a significant portion of its budget is directed toward its mission-driven activities. Moreover, the charity maintains a low liabilities to assets ratio of just 0.50%, suggesting a stable financial position that can support its ongoing operations and initiatives.
However, while the Charity Navigator score is based solely on financial metrics, potential donors may want to consider additional aspects such as the charity's community impact and volunteer engagement. Overall, Allegany Co Habitat For Humanity Inc demonstrates a solid financial foundation, making it a trustworthy option for those looking to support affordable housing efforts in their community.
This AI summary has been generated from information found on Charity Navigator.
Is Allegany Co Habitat For Humanity Inc legitimate?
Allegany Co Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegany Co Habitat For Humanity Inc 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
Official website here: www.alleganycountyhfh.org/
What is the mission statement of Allegany Co Habitat For Humanity Inc?
Allegany County Habitat for Humanity Inc. is dedicated to assisting low-income individuals by providing both financial and construction aid in constructing safe and adequate housing for them. Their mission is to contribute to the betterment of these individuals' living situations, ensuring they have a secure and adequate place to call home. By offering this assistance, they aim to improve the overall quality of life for these individuals and their families. Their work focuses on empowering individuals to become self-sufficient homeowners, ultimately contributing to stronger, more stable communities.
Official website here: www.alleganycountyhfh.org/
Who is the CEO of Allegany Co Habitat For Humanity Inc?
Cindy Schartiger is the Executive Di of Allegany Co Habitat For Humanity Inc.
Official website here: www.alleganycountyhfh.org/
What is the revenue of Allegany Co Habitat For Humanity Inc?
Allegany Co Habitat For Humanity Inc's revenue in 2022 was $84,801.
Official website here: www.alleganycountyhfh.org/
Who are the executives of Allegany Co Habitat For Humanity Inc and what are their salaries?
There is 1 employee at Allegany Co Habitat For Humanity Inc.
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Official website here: www.alleganycountyhfh.org/
Where can I find the form 990 for Allegany Co Habitat For Humanity Inc?
Allegany Co Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alleganycountyhfh.org/
Learn more at the official website: www.alleganycountyhfh.org/
Mission Statement of Allegany Co Habitat For Humanity Inc
Allegany Co Habitat for Humanity Inc is committed to assisting low-income individuals in their quest for safe and adequate housing. Their mission, as stated, involves providing both financial and construction support. This organization aims to empower individuals by enabling them to construct their own homes, thereby enhancing their living conditions and improving their overall quality of life. By offering this assistance, Allegany Co Habitat for Humanity Inc is contributing significantly to the well-being of its community, ensuring that everyone has access to a secure living space.
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Impact
October, 2024
Allegany Co Habitat For Humanity Inc significantly impacts the community by offering financial and construction assistance to low-income individuals, enabling them to build safe and adequate housing. This support helps to address the critical issue of housing instability, fostering a more secure environment for families. By providing resources and expertise, the organization empowers individuals to create homes that meet their needs, enhancing their overall quality of life. The commitment to housing accessibility contributes to the stability and growth of the local community in LaVale, MD, ultimately promoting a healthier, more thriving population.
This information is meant to be a general summary of Allegany Co Habitat For Humanity Inc. 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: $613
- Program Service Revenue: $25,585
- Gross Receipts: $90,675
Assets and Liabilities:
- Total Assets: $241,090
- Total Liabilities: $3,840
- Net Assets: $237,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOUSES TO HOMEOWNERS
Revenue
$23,521
MORTGAGE DISCOUNT AMORTIZATIO
Revenue
$2,064
Organization Details
Founding Year
2009
Phone
(301) 784-5154Principal Officer
Cindy Schartiger
Main Address
PO BOX 3162, LAVALE, MD, 215043162
Website
www.alleganycountyhfh.org/NTEE Category
Code: L20Z - Housing
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