Overview
What is Habitat For Humanity Of Mclean County Inc?
Habitat for Humanity of McLean County Inc, located in Bloomington, Illinois, is a dedicated nonprofit organization focused on constructing residential homes. Their mission is to provide affordable housing solutions for low-income families. They achieve this by selling the homes they build to eligible buyers at zero-interest loans. The organization's workforce, consisting of 34 employees, is committed to this cause, contributing to the betterment of their community.
Official website here: www.habitatmclean.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91%, Four-Star out of Four Star rating.
Habitat for Humanity of McLean County Inc has achieved a commendable Four-Star rating from Charity Navigator, signifying high performance in accountability and finance. The charity's overall score reflects a strong commitment to effective financial management and transparency, with a perfect score in several key areas, including an entirely independent board and no material diversion of assets.
The organization demonstrates fiscal responsibility, with a healthy liabilities to assets ratio of 29.28% and an impressive program expense ratio of 80.13%. This indicates that a significant portion of their funds is directly supporting their mission and programs. Furthermore, the charity boasts excellent fundraising efficiency, as evidenced by their $0.00 fundraising cost ratio, highlighting their ability to raise funds without incurring additional expenses.
While the data primarily emphasizes strong financial practices, it does not provide insights into the charity's programmatic effectiveness or community impact, which are also crucial for evaluating a nonprofit's overall performance. Nevertheless, the strong accountability and financial management metrics suggest that Habitat for Humanity of McLean County Inc is a well-managed organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Mclean County Inc legitimate?
Habitat For Humanity Of Mclean County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Mclean 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: $108,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $658,466
For more financial information, click here
Official website here: www.habitatmclean.org
What is the mission statement of Habitat For Humanity Of Mclean County Inc?
Habitat for Humanity of Mclean County Inc is committed to constructing residential homes and selling them to low-income buyers at zero percent interest loans. This mission aims to provide affordable housing solutions, empowering individuals and families in need of a stable living environment. By offering homes at no interest, the organization helps reduce financial burdens on its buyers, enabling them to focus on improving their lives. This community-focused initiative promotes homeownership and contributes to the overall well-being of those in need.
Official website here: www.habitatmclean.org
Who is the CEO of Habitat For Humanity Of Mclean County Inc?
Trayce Bartley is the Director of Habitat For Humanity Of Mclean County Inc.
Official website here: www.habitatmclean.org
What is the revenue of Habitat For Humanity Of Mclean County Inc?
Habitat For Humanity Of Mclean County Inc's revenue in 2022 was $2,986,514.
Official website here: www.habitatmclean.org
Who are the executives of Habitat For Humanity Of Mclean County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Mclean County Inc during 2022 was $22,550. There are 34 employees and 711 volunteers at Habitat For Humanity Of Mclean County Inc.
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: $42,424
- 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.habitatmclean.org
Where can I find the form 990 for Habitat For Humanity Of Mclean County Inc?
Habitat For Humanity Of Mclean County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatmclean.org
Learn more at the official website: www.habitatmclean.org
Mission Statement of Habitat For Humanity Of Mclean County Inc
Habitat for Humanity of McLean County Inc is dedicated to a noble mission. This nonprofit organization specializes in constructing residential homes, specifically targeting low-income buyers. They offer these homes at zero percent interest loans, making homeownership an achievable dream for individuals who might otherwise struggle with the financial burden of home ownership. By selling homes at affordable prices, Habitat for Humanity of McLean County Inc is contributing to the growth of stable and secure communities, one home at a time. This mission not only provides families with a place to call their own but also empowers them to build a better future for themselves.
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 McLean County Inc has a significant impact on the community by providing affordable housing solutions to low-income families. Through the construction of residential homes, they enable these families to achieve homeownership with the support of 0% interest loans. This initiative not only helps to alleviate housing insecurity but also fosters stability and empowers individuals, allowing them to invest in their futures. Their work contributes to the overall revitalization of neighborhoods in Bloomington, IL, enhancing the quality of life for residents and promoting a sense of community. By addressing housing needs, they play a crucial role in breaking the cycle of poverty and creating lasting change for families in the area.
This information is meant to be a general summary of Habitat For Humanity Of Mclean 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: $286,454
- Program Service Revenue: $1,342,775
- Gross Receipts: $2,990,395
Assets and Liabilities:
- Total Assets: $5,141,710
- Total Liabilities: $1,505,729
- Net Assets: $3,635,981
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.
SALE OF HOMES
Revenue
$676,034
RESTORE SALES
Revenue
$666,741
Organization Details
Founding Year
1985
Phone
(309) 827-3931Principal Officer
Trayce Bartley
Main Address
103 W JEFFERSON, BLOOMINGTON, IL, 61701
Website
www.habitatmclean.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Of Mclean County 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.