Overview
What is Habitat For Humanity- Northeast Michigan Inc?
Habitat for Humanity-Northeast Michigan Inc, located in Alpena, Michigan, is a nonprofit organization dedicated to addressing the issue of affordable housing. With a team of 15 dedicated individuals, they strive to provide adequate housing solutions for those in need. Their mission extends beyond just building homes; they also focus on improving existing homes within the community. Despite not selling any built homes during the recent fiscal year, their efforts remain instrumental in ensuring that the region's residents have access to affordable housing options.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Habitat for Humanity - Northeast Michigan Inc has received a Three-Star rating, reflecting a solid level of accountability and financial health, with an impressive score of 83% in these areas. The organization boasts a fully independent board and has implemented several strong governance policies, including those for conflict of interest and whistleblowing. Their financial practices show a favorable ratio of liabilities to assets and a high program expense ratio, indicating that a significant portion of their funds is directed towards their mission.
In terms of culture and community engagement, the organization excels with a score of 93%. They have demonstrated exceptional practices in feedback collection and usage, achieving perfect scores in these areas. This level of responsiveness to constituents suggests a commitment to transparency and community involvement, which is crucial for nonprofit effectiveness.
While the overall rating is strong, it’s important for potential donors to consider the balance between financial accountability and community culture. The nonprofit could benefit from continuing to enhance its financial capacity to support its mission further, ensuring a sustainable impact in the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity- Northeast Michigan Inc legitimate?
Habitat For Humanity- Northeast Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity- Northeast Michigan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,192
For more financial information, click here
What is the mission statement of Habitat For Humanity- Northeast Michigan Inc?
Habitat For Humanity-Northeast Michigan Inc's mission is centered around providing adequate and affordable housing for individuals in need. This organization focuses on both constructing new homes and improving existing ones. Regrettably, no new homes were sold during the recent fiscal year, but the mission to alleviate housing struggles remains unwavering. The organization's activities are geared towards addressing housing needs, thereby contributing to the well-being and stability of the community.
Who is the CEO of Habitat For Humanity- Northeast Michigan Inc?
Max Lindsay is the President of Habitat For Humanity- Northeast Michigan Inc.
What is the revenue of Habitat For Humanity- Northeast Michigan Inc?
Habitat For Humanity- Northeast Michigan Inc's revenue in 2022 was $757,407.
Who are the executives of Habitat For Humanity- Northeast Michigan Inc and what are their salaries?
The average compensation at Habitat For Humanity- Northeast Michigan Inc during 2022 was $14,546. There are 15 employees and 75 volunteers at Habitat For Humanity- Northeast Michigan Inc.
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Where can I find the form 990 for Habitat For Humanity- Northeast Michigan Inc?
Habitat For Humanity- Northeast Michigan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Habitat For Humanity- Northeast Michigan Inc
Habitat For Humanity-Northeast Michigan Inc is dedicated to providing adequate and affordable housing solutions for individuals in need. This nonprofit organization's mission is to go beyond just constructing homes; it aims to improve the living conditions of those who are struggling to afford suitable housing. Notably, during the recent fiscal year, no new homes were sold by Habitat For Humanity-Northeast Michigan Inc, indicating a focus on improving existing homes instead. The organization's primary goal is to ensure that everyone has access to a decent place to live, thereby enhancing their overall quality of life.
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Impact
July, 2024
Habitat For Humanity- Northeast Michigan Inc's impact is focused on providing adequate affordable housing and making improvements to existing homes for those in need in Alpena, Michigan. Their mission is to ensure that individuals and families have access to safe and affordable housing, creating a positive impact on the community and improving the quality of life for those served. Through their work, Habitat For Humanity- Northeast Michigan Inc contributes to addressing the housing needs of vulnerable populations and making housing more accessible for those facing economic challenges.
This information is meant to be a general summary of Habitat For Humanity- Northeast Michigan 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: -$7,290
- Program Service Revenue: $595,304
- Gross Receipts: $757,407
Assets and Liabilities:
- Total Assets: $2,434,793
- Total Liabilities: $548,965
- Net Assets: $1,885,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME PROJECTS
Revenue
$357,278
RESTORE SALES
Revenue
$197,205
MORTGAGE DISCOUNT REVENUES
Revenue
$40,821
Organization Details
Phone
(989) 356-3509Principal Officer
Max Lindsay
Main Address
2630 US-23 HWY SOUTH, ALPENA, MI, 49707
NTEE Category
Code: L20 - Housing
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