Overview
What is Habitat For Humanity Of Lafayette Inc?
Habitat for Humanity of Lafayette Inc is a dedicated nonprofit organization, situated in Lafayette, aimed at offering affordable housing solutions to low-income families. Their mission encompasses constructing homes using funds generated from a retail store, which sells donated construction materials. This retail store serves as a crucial source of income, contributing to underwriting the construction of these homes. In addition, they run programs that provide counseling to families, guiding them through the process of home ownership.
Official website here: www.lafayettehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Habitat For Humanity Of Lafayette Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scores particularly well in areas such as having a fully independent board and maintaining comprehensive financial audits, which reflects strong governance practices and financial integrity.
Despite its strengths, there are some areas where the organization falls short, including the absence of a whistleblower policy and document retention guidelines. Additionally, the tax form is not posted on the nonprofit's website, which could limit transparency for potential donors and stakeholders looking for detailed financial information.
Overall, while Habitat For Humanity Of Lafayette Inc demonstrates a commendable commitment to financial responsibility, addressing the identified gaps in policy documentation could further enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Lafayette Inc legitimate?
Habitat For Humanity Of Lafayette Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Lafayette 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: $84,019
Professional Fundraising Fees: $0
Other Salaries and Wages: $529,822
For more financial information, click here
Official website here: www.lafayettehabitat.org
What is the mission statement of Habitat For Humanity Of Lafayette Inc?
Habitat for Humanity of Lafayette, as an organization, is committed to providing affordable homes to low-income families. In addition to constructing affordable dwellings, they also operate a retail store that sells donated construction materials. The revenue generated from this store is utilized to fund the construction of these homes. Furthermore, they offer programs that involve counseling families on the intricacies of home ownership.
Official website here: www.lafayettehabitat.org
Who is the CEO of Habitat For Humanity Of Lafayette Inc?
Bob Anderson is the Executive Di of Habitat For Humanity Of Lafayette Inc.
Official website here: www.lafayettehabitat.org
What is the revenue of Habitat For Humanity Of Lafayette Inc?
Habitat For Humanity Of Lafayette Inc's revenue in 2022 was $2,075,251.
Official website here: www.lafayettehabitat.org
Who are the executives of Habitat For Humanity Of Lafayette Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Lafayette Inc during 2022 was $18,054. There are 34 employees and 1000 volunteers at Habitat For Humanity Of Lafayette Inc.
Here are 9 key members and their salaries:
- Compensation: $24,231
- Related: $0
- Other: $4,841
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lafayettehabitat.org
Where can I find the form 990 for Habitat For Humanity Of Lafayette Inc?
Habitat For Humanity Of Lafayette Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lafayettehabitat.org
Learn more at the official website: www.lafayettehabitat.org
Mission Statement of Habitat For Humanity Of Lafayette Inc
Habitat for Humanity of Lafayette, a dedicated nonprofit organization, is committed to providing affordable homes to low-income families. Their mission is twofold: firstly, they construct affordable homes using funds generated from a retail store that sells donated construction materials; and secondly, they offer counseling programs to families, guiding them through the process of home ownership. By doing so, Habitat for Humanity of Lafayette strives to create sustainable living solutions for those in need, thereby contributing to the betterment of their communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Habitat for Humanity of Lafayette Inc makes a significant impact by providing affordable housing options to low-income families in Lafayette, Indiana. By constructing homes that are financially accessible, the organization helps families achieve stability and build equity, which can transform their living situations and improve their overall quality of life.
In addition to home construction, Habitat operates a retail store that sells donated construction materials. The revenue generated from this store plays a crucial role in funding home-building initiatives, ensuring a sustainable model that supports their mission. Furthermore, the organization offers counseling services to guide families through the homeownership process, equipping them with the knowledge and resources necessary to thrive in their new environments.
Through its multifaceted approach, Habitat for Humanity of Lafayette not only addresses the immediate need for housing but also fosters long-term community growth and resilience.
This information is meant to be a general summary of Habitat For Humanity Of Lafayette 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: $65,270
- Program Service Revenue: $1,014,048
- Gross Receipts: $2,327,933
Assets and Liabilities:
- Total Assets: $5,028,512
- Total Liabilities: $332,932
- Net Assets: $4,695,580
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO HOMEOWNERS: SALE TO
Revenue
$876,160
SALES TO HOMEOWNERS: INTEREST
Revenue
$126,093
SALES TO HOMEOWNERS: PARTNERS
Revenue
$5,500
RESTORE REVENUE: RECYCLING IN
Revenue
$5,477
OTHER INCOME: APPLICATION FEE
Revenue
$794
Organization Details
Founding Year
1984
Phone
(765) 423-4590Principal Officer
Bob Anderson
Main Address
920 N 14TH ST, LAFAYETTE, IN, 47904
Website
www.lafayettehabitat.orgNTEE Category
Code: L202 - Housing
If you are a representative of Habitat For Humanity Of Lafayette Inc 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.