Overview
What is Habitat For Humanity Of Lapeer - Tuscola?
Habitat for Humanity of Lapeer-Tuscola is a nonprofit organization situated in Lapeer, Michigan, specifically at 1633 N Lapeer Rd. Their primary mission is to combat substandard housing and homelessness within Lapeer County. They achieve this by providing low-cost homes and conducting necessary repairs for eligible families. The organization, with a team of 18 dedicated individuals, is committed to enhancing living conditions in the community by eliminating substandard housing and homelessness problems. Their work extends beyond constructing new homes; they also offer repair services to existing homes, thereby contributing to the overall improvement of the community's housing infrastructure.
Official website here: www.lapeercountymih4h@yahoo.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Habitat For Humanity of Lapeer - Tuscola has achieved an 81% rating, indicating solid performance in accountability and finance. The organization boasts a fully independent board, exemplified by 100% of its board members being independent, which reflects strong governance practices. Additionally, the charity has demonstrated transparency through the listing of its website on tax forms and adherence to various policies, including conflict of interest and document retention.
Financially, the organization is in a healthy position, with a liabilities to assets ratio of 25.08%, suggesting good asset management. Furthermore, its program expense ratio is notably high at 97.95%, indicating that the vast majority of its expenditures are directed towards its programs rather than administrative costs. These metrics highlight the charity's commitment to effectively utilizing resources for its mission.
While the organization shows several strengths, it is important for potential supporters to consider that the overall rating of three stars suggests there may be areas for improvement. However, the strong governance and financial performance metrics point towards a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Lapeer - Tuscola legitimate?
Habitat For Humanity Of Lapeer - Tuscola is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Lapeer - Tuscola 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: $45,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,675
For more financial information, click here
Official website here: www.lapeercountymih4h@yahoo.com
What is the mission statement of Habitat For Humanity Of Lapeer - Tuscola?
Habitat For Humanity of Lapeer-Tuscola's mission is centered around addressing the issue of sub-standard housing and homelessness in its community. Their objective is to eliminate these challenges, working towards providing decent and affordable housing solutions for families in need. In addition to constructing low-cost homes, the organization also offers repairs for existing homes to eligible families, aiming to improve living conditions and promote housing stability.
Official website here: www.lapeercountymih4h@yahoo.com
Who is the CEO of Habitat For Humanity Of Lapeer - Tuscola?
Carolyn Nestor is the Executive Di of Habitat For Humanity Of Lapeer - Tuscola.
Official website here: www.lapeercountymih4h@yahoo.com
What is the revenue of Habitat For Humanity Of Lapeer - Tuscola?
Habitat For Humanity Of Lapeer - Tuscola's revenue in 2022 was $800,845.
Official website here: www.lapeercountymih4h@yahoo.com
Who are the executives of Habitat For Humanity Of Lapeer - Tuscola and what are their salaries?
The average compensation at Habitat For Humanity Of Lapeer - Tuscola during 2022 was $19,158. There are 18 employees and 403 volunteers at Habitat For Humanity Of Lapeer - Tuscola.
Here are 14 key members and their salaries:
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Official website here: www.lapeercountymih4h@yahoo.com
Where can I find the form 990 for Habitat For Humanity Of Lapeer - Tuscola?
Habitat For Humanity Of Lapeer - Tuscola's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lapeercountymih4h@yahoo.com
Learn more at the official website: www.lapeercountymih4h@yahoo.com
Mission Statement of Habitat For Humanity Of Lapeer - Tuscola
Habitat For Humanity Of Lapeer-Tuscola is dedicated to eliminating substandard housing and homelessness within Lapeer County. Their mission is to provide low-cost homes and conduct necessary repairs for qualifying families in the area. By doing so, they aim to improve the living conditions and provide a sense of security and stability to those in need. The organization's work is instrumental in ensuring that every family in Lapeer County has access to decent and safe housing, thereby contributing to a more prosperous and equitable community.
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Impact
October, 2024
Habitat for Humanity of Lapeer - Tuscola plays a vital role in addressing sub-standard housing and homelessness in Lapeer County. By providing low-cost homes and essential repairs for existing homes, it helps qualifying families achieve stable and secure living conditions. This initiative not only improves the quality of housing in the community but also fosters a sense of dignity and belonging among residents. Through its efforts, the organization is significantly contributing to the overall well-being and resilience of families, ensuring they have access to safe, affordable housing. The impact is felt throughout Lapeer County, as it promotes healthier communities and empowers families to thrive.
This information is meant to be a general summary of Habitat For Humanity Of Lapeer - Tuscola. 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: $26,049
- Program Service Revenue: $170,069
- Gross Receipts: $916,736
Assets and Liabilities:
- Total Assets: $1,893,278
- Total Liabilities: $571,820
- Net Assets: $1,321,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRITICAL HOME REPAIR
Revenue
$170,069
Organization Details
Founding Year
2003
Phone
(810) 664-7111Principal Officer
Carolyn Nestor
Main Address
1633 N LAPEER RD, LAPEER, MI, 48446
NTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Lapeer - Tuscola 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.