Overview
What is Habitat For Humanity Of Morgan Cnty?
Habitat for Humanity of Morgan County is a nonprofit organization, headquartered in Martinsville, Indiana. Their primary focus is on developing, financing, and overseeing the construction of homes for families with low income. The organization also operates a "Restore" facility, where excess or used building supplies are sold to the public at discounted prices. This dual approach allows Habitat for Humanity of Morgan County to contribute to affordable housing and support the local community by recycling building materials. With a team of six dedicated employees, they strive to construct modest yet adequate homes, associating with like-minded organizations to further their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Habitat for Humanity of Morgan County has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 94% overall, with perfect scores in key areas such as having a fully independent board and maintaining robust financial policies. These factors reflect the nonprofit's commitment to transparency and effective governance.
The charity demonstrates strong financial practices, with a program expense ratio of 89.22%, meaning that a significant majority of its expenditures directly support its mission. Additionally, the organization has a low liabilities to assets ratio of 3.66%, suggesting a solid financial footing. The absence of material diversion of assets further underscores its responsible management of resources.
Overall, the nonprofit showcases a strong commitment to its mission and effective operational practices. Its high scores in various accountability measures indicate that donors can trust the organization to utilize contributions effectively. No significant limitations were noted in the data, highlighting the charity's positive standing in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Morgan Cnty legitimate?
Habitat For Humanity Of Morgan Cnty is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Morgan Cnty 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: $98,576
For more financial information, click here
What is the mission statement of Habitat For Humanity Of Morgan Cnty?
Habitat For Humanity Of Morgan Cnty's mission is centered around constructing modest yet adequate housing for individuals with limited income. The organization aligns itself with other organizations that share similar objectives, as part of its purpose consistent with Habitat. Their primary activities involve developing, financing, and overseeing the construction of homes. Additionally, they operate a "Restore" facility, where excess or used building supplies are sold at discounted prices to the general public.
Who is the CEO of Habitat For Humanity Of Morgan Cnty?
Tura Lamar is the Vice President of Habitat For Humanity Of Morgan Cnty.
What is the revenue of Habitat For Humanity Of Morgan Cnty?
Habitat For Humanity Of Morgan Cnty's revenue in 2022 was $568,146.
Who are the executives of Habitat For Humanity Of Morgan Cnty and what are their salaries?
The average compensation at Habitat For Humanity Of Morgan Cnty during 2022 was $16,429. There are 6 employees and 250 volunteers at Habitat For Humanity Of Morgan Cnty.
Here are 12 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Habitat For Humanity Of Morgan Cnty?
Habitat For Humanity Of Morgan Cnty's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Habitat For Humanity Of Morgan Cnty
Habitat for Humanity of Morgan County, as a nonprofit organization, is dedicated to constructing modest yet adequate housing for families in need. This mission is carried out in association with other organizations that share similar objectives. The primary activities of Habitat for Humanity involve developing, financing, and overseeing the construction of homes for low-income families. Additionally, the organization operates a 'Restore' facility, where donated, used, or excess building supplies are sold to the public at discounted prices. This dual approach of constructing homes and selling building materials serves to make housing more accessible and affordable for those in need, thereby contributing to the organization's overall mission.
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
July, 2024
Habitat for Humanity of Morgan County's impact lies in its mission to construct modest but adequate housing for low-income families. By developing, financing, and supervising the construction of homes, this organization plays a crucial role in addressing the housing needs of the community. Additionally, through its "ReStore" facility, where donated building supplies are sold at discount prices, Habitat for Humanity of Morgan County promotes sustainability and affordability in home construction. This organization not only provides shelter for those in need but also fosters a sense of community and collaboration in Martinsville, Indiana.
This information is meant to be a general summary of Habitat For Humanity Of Morgan Cnty. 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: $2,887
- Program Service Revenue: $330,622
- Gross Receipts: $568,146
Assets and Liabilities:
- Total Assets: $678,546
- Total Liabilities: $116,580
- Net Assets: $561,966
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.
HOME BUILDING
Revenue
$330,622
Organization Details
Founding Year
1990
Phone
(765) 349-9003Principal Officer
Tura Lamar
Main Address
PO BOX 1929, MARTINSVILLE, IN, 46151
NTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Morgan Cnty 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.