Overview
What is Habitat For Humanity Of Medina County Inc?
Habitat for Humanity of Medina County Inc, located in Medina, Ohio, is a dedicated nonprofit organization committed to addressing poverty housing. Their primary mission involves purchasing or constructing homes and selling them to eligible low-income families, with the sale financed through non-interest bearing loans. To become eligible, families must demonstrate their commitment to becoming homeowners by completing Habitat's partnership requirements. During their latest fiscal year ending in June 2022, two homes were sold under this program. The organization's activities also extend beyond home construction, as they work to build hope by helping individuals help themselves, and operate a ReStore retail store selling donated building supplies at discounted prices to the general public. With a total workforce of 21 individuals, Habitat for Humanity of Medina County Inc plays a significant role in the community by providing affordable housing opportunities and promoting volunteerism.
Official website here: www.medinahabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Habitat For Humanity Of Medina County Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting a high level of accountability and financial management. The organization scored 97% in its Accountability & Finance criteria, indicating robust oversight and transparency in its operations. Particularly notable is that all board members are independent, ensuring unbiased governance, and there are no reported material diversions of assets.
The financial health of the organization is strong, with a program expense ratio of 95%, meaning most of its funding directly supports its mission. It also maintains a low liabilities-to-assets ratio of 25.52%, demonstrating solid fiscal responsibility. Furthermore, the organization has established comprehensive policies, including conflict of interest and whistleblower protections, which bolster its accountability framework.
However, there is a noted limitation regarding fundraising efficiency, with a score of $0.00. This may raise some concerns about the effectiveness of fundraising efforts compared to the expenses incurred. Overall, Habitat For Humanity Of Medina County Inc stands out for its governance and financial stewardship, making it a reliable choice for donors looking to support a nonprofit with a strong commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Medina County Inc?
84% of reviewers on Facebook endorse Habitat For Humanity Of Medina County Inc. Here is a summary of their insights:
The charity has been praised for offering great bargains, especially in hardware for home projects. Visitors appreciate the variety of items available, making it a worthwhile trip for those looking to enhance their living spaces. Furthermore, reviews highlight the exceptional attitude of the volunteers, noting their helpfulness and courtesy, which adds to the overall positive experience.
The general sentiment reflects a strong sense of satisfaction with the services provided. Many recommend the organization for both its offerings and the friendly environment fostered by its dedicated volunteers.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Medina County Inc legitimate?
Habitat For Humanity Of Medina County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Medina County 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: $92,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $343,141
For more financial information, click here
Official website here: www.medinahabitat.org
What is the mission statement of Habitat For Humanity Of Medina County Inc?
Habitat for Humanity of Medina County Inc's mission is centered around alleviating poverty housing. They achieve this by engaging volunteers and assisting individuals in need of affordable housing. The organization operates a ReStore, selling donated building materials at discounted prices to the public. The primary activity of Habitat for Humanity of Medina County Inc is their home construction program, where they purchase, build, and sell homes to eligible low-income families. These sales are facilitated through non-interest bearing loans to families who demonstrate a commitment to homeownership by fulfilling Habitat's partnership requirements. During the fiscal year ending June 30, 2022, the organization sold two homes to eligible families under this program.
Official website here: www.medinahabitat.org
Who is the CEO of Habitat For Humanity Of Medina County Inc?
Tom O'Connell is the Executive Director of Habitat For Humanity Of Medina County Inc.
Official website here: www.medinahabitat.org
What is the revenue of Habitat For Humanity Of Medina County Inc?
Habitat For Humanity Of Medina County Inc's revenue in 2022 was $2,552,517.
Official website here: www.medinahabitat.org
Who are the executives of Habitat For Humanity Of Medina County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Medina County Inc during 2022 was $20,740. There are 21 employees and 97 volunteers at Habitat For Humanity Of Medina County Inc.
Here are 16 key members and their salaries:
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- Other: $6,049
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Official website here: www.medinahabitat.org
Where can I find the form 990 for Habitat For Humanity Of Medina County Inc?
Habitat For Humanity Of Medina County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medinahabitat.org
Learn more at the official website: www.medinahabitat.org
Mission Statement of Habitat For Humanity Of Medina County Inc
Habitat for Humanity of Medina County, Inc., a committed organization, strives to eradicate the issue of poverty housing within its community. Their mission is to foster a sense of unity between volunteers and individuals in need of affordable housing. Through this collaboration, they aim to help those in need to help themselves, thereby building hope and fostering a sense of self-reliance.
In addition to this, Habitat for Humanity of Medina County, Inc., runs a ReStore retail store. This store offers discounted building supplies to the general public, sourced from donations. The proceeds from these sales contribute to their primary mission, which is to buy, build, and sell homes to eligible low-income families. These home sales are financed through non-interest bearing loans provided to families who demonstrate a strong desire to become homeowners and are willing to fulfill Habitat's partnership requirements. During their fiscal year ending in June 2022, two homes were successfully sold under this program, demonstrating the organization's commitment to providing affordable housing solutions.
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Impact
October, 2024
Habitat for Humanity of Medina County, Inc. significantly impacts the community by addressing the urgent need for affordable housing. By purchasing and constructing homes for eligible low-income families, the organization helps to eliminate poverty housing in the area. Families that partner with Habitat complete specific requirements to qualify for non-interest bearing loans, which enables them to transition into homeownership while fostering a sense of stability and hope.
In the fiscal year ending June 30, 2022, two families benefited directly from this home construction program, demonstrating the tangible outcomes of Habitat's work. Additionally, the ReStore retail outlet contributes to the community by providing affordable building supplies, making home improvement accessible to a wider audience and promoting sustainability through the recycling of materials.
Overall, Habitat for Humanity of Medina County not only builds homes but also builds a supportive community by bringing together volunteers and families in need, creating a shared vision of improved living conditions and empowerment through homeownership.
This information is meant to be a general summary of Habitat For Humanity Of Medina County 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: $49,934
- Program Service Revenue: $1,315,919
- Gross Receipts: $2,669,908
Assets and Liabilities:
- Total Assets: $4,280,328
- Total Liabilities: $1,337,707
- Net Assets: $2,942,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of properties
Revenue
$252,200
Sale of building supplies
Revenue
$968,611
Imputed interest on interest free loans
Revenue
$95,108
Organization Details
Founding Year
1990
Phone
(330) 722-4494Principal Officer
Tom O'Connell
Main Address
233 Lafayette Rd, Medina, OH, 44256
Website
www.medinahabitat.orgNTEE Category
Code: L20 - Housing
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