Overview
What is Lakeshore Habitat For Humanity Inc?
Lakeshore Habitat for Humanity Inc, situated in Holland, Michigan, is a nonprofit organization dedicated to providing decent, affordable housing for low-income qualified families. By enlisting community support, they assist family-partners in constructing new and rehabilitated homes, which are then sold at cost with non-interest bearing mortgages. Additionally, the organization operates a retail outlet selling donated building materials and home improvement items at discounted prices, accessible to the general public. Their mission is to enhance the lives of local families by providing them with a stable living environment.
Official website here: www.lakeshorehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95% (Four-Star out of Four Star rating)
Lakeshore Habitat For Humanity Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The charity's overall score is based entirely on its Accountability & Finance score, which is also 95%. This high rating indicates a strong commitment to transparency and effective financial management, as evidenced by its independent board composition and audits.
The organization excels in various financial metrics, such as a program expense ratio of 76.11%, meaning a significant portion of its funds directly supports its mission. Additionally, its fundraising efficiency ratio of $0.13 illustrates that the charity is effective in utilizing donations to generate support for its programs. With no material diversion of assets and a solid working capital ratio of 3.34 years, Lakeshore Habitat For Humanity demonstrates fiscal responsibility and sustainability.
While the data highlights numerous strengths, it is essential for potential donors to consider the charity's focus on financial health. No specific feedback on program impact or community engagement was provided in the data, which could be an area for further emphasis to fully understand the charity's outcomes and effectiveness in serving those in need.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakeshore Habitat For Humanity Inc?
100% of 21 reviewers on Facebook recommend Lakeshore Habitat For Humanity Inc. Here is a summary of their reviews:
Volunteers express immense satisfaction with their experiences, highlighting the rewarding nature of their participation. One review specifically mentions a great experience while volunteering alongside students and staff from Columbus State Community College, showcasing a successful collaboration that enhances community involvement.
Overall, the sentiment strongly leans towards appreciation for the organization's mission and the positive impact it has on volunteers and the wider community. This nonprofit is well-regarded for its effective programs and the fulfilling opportunities it offers to those looking to contribute their time and effort.
This AI summary has been generated from reviews found on Facebook.
Is Lakeshore Habitat For Humanity Inc legitimate?
Lakeshore Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeshore Habitat For Humanity 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: $91,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,915
For more financial information, click here
Official website here: www.lakeshorehabitat.org
What is the mission statement of Lakeshore Habitat For Humanity Inc?
Lakeshore Habitat for Humanity Inc. is an organization committed to providing decent, affordable housing for low-income qualified families. It enlists the support of the local community to assist in the construction of new and rehabilitated homes, which are then sold at cost and financed by the organization through non-interest bearing mortgages. The organization also operates a retail outlet, open to the general public, where new and used building materials and home improvement items, primarily donated, are sold at prices at least 50% below retail. This dual approach of housing construction and retail outlet serves to fulfill the organization's mission of making housing more accessible for those in need.
Official website here: www.lakeshorehabitat.org
Who is the CEO of Lakeshore Habitat For Humanity Inc?
Greg Accardo is the President of Lakeshore Habitat For Humanity Inc.
Official website here: www.lakeshorehabitat.org
What is the revenue of Lakeshore Habitat For Humanity Inc?
Lakeshore Habitat For Humanity Inc's revenue in 2022 was $3,899,880.
Official website here: www.lakeshorehabitat.org
Who are the executives of Lakeshore Habitat For Humanity Inc and what are their salaries?
The average compensation at Lakeshore Habitat For Humanity Inc during 2022 was $25,909. There are 31 employees and 1640 volunteers at Lakeshore Habitat For Humanity Inc.
Here are 14 key members and their salaries:
- Compensation: $91,271
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakeshorehabitat.org
Where can I find the form 990 for Lakeshore Habitat For Humanity Inc?
Lakeshore Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeshorehabitat.org
Learn more at the official website: www.lakeshorehabitat.org
Mission Statement of Lakeshore Habitat For Humanity Inc
Lakeshore Habitat for Humanity Inc is a dedicated organization that strives to provide low-income qualified families with decent, affordable housing. The organization's mission is achieved through the support of the local community, which assists family-partners in constructing new and rehabilitated homes. These homes are then sold at cost and financed by the organization using non-interest bearing mortgages. Apart from home construction, Lakeshore Habitat for Humanity Inc also operates a retail outlet that sells new and used building materials and home improvement items. These items, primarily donated, are offered at prices that are at least 50% below retail, making them accessible to a wider audience. The outlet is open to the general public, contributing to the organization's mission of making affordable housing solutions more accessible.
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
Lakeshore Habitat For Humanity Inc's impact is clear and direct: it provides low-income qualified families with decent, affordable housing. By enlisting the support of the local community, the organization helps family-partners in the construction of new and rehabilitated homes, which are then sold at cost and financed by the organization as non-interest bearing mortgages. Additionally, the organization runs a retail outlet that sells new and used building materials and home improvement items, with prices at least 50% below retail. This comprehensive approach to housing assistance has benefitted numerous families in the Holland, MI area, reflecting the organization's commitment to addressing the critical need for affordable housing.
This information is meant to be a general summary of Lakeshore Habitat For Humanity 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: $4,100
- Program Service Revenue: $740,769
- Gross Receipts: $4,457,935
Assets and Liabilities:
- Total Assets: $7,232,557
- Total Liabilities: $723,295
- Net Assets: $6,509,262
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/TRANSFER OF HOMES
Revenue
$539,278
IMPUTED MORTGAGE INTEREST
Revenue
$201,491
Organization Details
Founding Year
1990
Phone
(616) 393-8001Principal Officer
Greg Accardo
Main Address
12727 RILEY STREET, HOLLAND, MI, 49424
Website
www.lakeshorehabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Lakeshore Habitat For Humanity 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.