Overview
What is Habitat For Humanity Capital Region Inc?
Habitat for Humanity Capital Region Inc, based in Lansing, Michigan, is a dedicated nonprofit organization with a mission to improve their community. They achieve this by providing and maintaining safe, affordable homes for low-to-moderate income community members. Their operations extend beyond home construction, as they also operate two retail locations named RESTORE. Here, they accept donations of new and gently used furniture, appliances, home goods, and construction tools/materials. These items are then sold to the public at significantly lower prices, contributing to the organization's funding while also reducing waste in landfills. This dual approach allows Habitat for Humanity Capital Region Inc to offer a cost-effective solution for community members with limited financial resources. Overall, the organization brings people together to build homes, communities, and hope.
Official website here: www.habitatcr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Habitat For Humanity Capital Region Inc has achieved a remarkable score of 96%, which signifies a strong commitment to accountability and financial management. This Four-Star rating indicates that the organization effectively utilizes its resources to further its mission, with a specific emphasis on transparency and oversight. The rating is based entirely on the Accountability & Finance score, reflecting the organization’s overall health and responsible operation.
The nonprofit showcases an impressive structure with a fully independent board composed of 13 members, which contributes to effective governance. Key indicators such as a high program expense ratio of 74.22% and a low liabilities to assets ratio of 28.97% highlight the organization’s dedication to using funds directly for its programs. Furthermore, the presence of comprehensive policies, including conflict of interest and whistleblower protections, demonstrates a robust framework for ethical practices.
While the organization excels in financial accountability, it is always beneficial for nonprofits to maintain and communicate their impact metrics and program outcomes more explicitly to engage stakeholders effectively. Overall, Habitat For Humanity Capital Region Inc stands out as a well-managed organization committed to its mission and community service.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Capital Region Inc legitimate?
Habitat For Humanity Capital Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Capital Region 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: $116,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $646,246
For more financial information, click here
Official website here: www.habitatcr.org
What is the mission statement of Habitat For Humanity Capital Region Inc?
Habitat For Humanity Capital Region Inc's mission is centered around improving communities by providing and maintaining safe, healthy, and affordable homeownership opportunities for individuals with lower to moderate income. This is achieved through partnerships with volunteers and organizations within the community. The organization operates two Restore retail locations, accepting donations of used furniture, appliances, home goods, and construction materials. These items are resold at significantly lower prices, contributing to the organization's funding and also providing a cost-effective option for community members with limited financial resources. Furthermore, the Restore operations help in diverting good items from landfills.
Official website here: www.habitatcr.org
Who is the CEO of Habitat For Humanity Capital Region Inc?
Brent Taylor is the President & Ceo of Habitat For Humanity Capital Region Inc. The CEO's salary of Habitat For Humanity Capital Region Inc is $0 and their total compensation is $0.
Official website here: www.habitatcr.org
What is the revenue of Habitat For Humanity Capital Region Inc?
Habitat For Humanity Capital Region Inc's revenue in 2022 was $1,504,162.
Official website here: www.habitatcr.org
Who are the executives of Habitat For Humanity Capital Region Inc and what are their salaries?
The average compensation at Habitat For Humanity Capital Region Inc during 2022 was $36,312. There are 21 employees and 250 volunteers at Habitat For Humanity Capital Region Inc.
Here are 17 key members and their salaries (Habitat For Humanity Capital Region Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $126,250
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- Other: $2,559
Official website here: www.habitatcr.org
Where can I find the form 990 for Habitat For Humanity Capital Region Inc?
Habitat For Humanity Capital Region Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatcr.org
Learn more at the official website: www.habitatcr.org
Mission Statement of Habitat For Humanity Capital Region Inc
Habitat for Humanity Capital Region Inc is dedicated to improving its communities by providing and maintaining safe, healthy, and affordable homeownership opportunities for low-to-moderate income community members. This nonprofit organization accomplishes its mission in partnership with volunteers and organizations throughout the community. In pursuit of this goal, Habitat for Humanity Capital Region Inc operates two Restore retail locations, accepting donations of new and gently used furniture, appliances, home goods, and construction tools/materials. These donated items are resold to the public at significantly less than retail prices, contributing funding for the organization's mission while also diverting goods from landfills and providing a lower-cost option for community members with limited financial resources. In the fiscal year 2022 alone, Habitat for Humanity Capital Region Inc's Restore locations processed over 13,000 sales transactions of donated goods, further demonstrating its commitment to its mission.
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Impact
July, 2024
Habitat For Humanity Capital Region Inc brings people together to build homes, communities, and hope. By operating two ReStore retail locations that accept donations of new and gently used furniture, appliances, home goods, and construction tools/materials, they are able to resell these items to the public at significantly reduced prices. This not only generates funds for Habitat For Humanity's mission but also diverts goods from landfills and provides a lower-cost option for community members with limited financial resources. In the past fiscal year, HFHCR's ReStore locations processed over 13,000 sales transactions of donated goods. Their mission is to improve communities by providing and maintaining safe, healthy, affordable homeownership opportunities for low-to-moderate income community members in partnership with volunteers and organizations.
This information is meant to be a general summary of Habitat For Humanity Capital Region 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: $100,324
- Program Service Revenue: $801,573
- Gross Receipts: $1,524,768
Assets and Liabilities:
- Total Assets: $2,092,728
- Total Liabilities: $476,416
- Net Assets: $1,616,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE
Revenue
$516,476
HOME CONSTRUCTIONS
Revenue
$200,039
AMORTIZATION OF MORTGA
Revenue
$85,058
Organization Details
Founding Year
1987
Phone
(517) 374-1313Principal Officer
Brent Taylor
Main Address
1941 BENJAMIN DRIVE, LANSING, MI, 48906
Website
www.habitatcr.orgNTEE Category
Code: L200 - Housing
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