Overview
What is Habitat For Humanity Of Mason County?
Habitat for Humanity of Mason County is a dedicated nonprofit organization situated in Scottville, Michigan. Their primary mission is to provide housing solutions for low-income families. They accomplish this by constructing and refurbishing homes, which they subsequently sell at affordable prices. Furthermore, they extend their service to offer affordable rental housing to individuals who are not yet ready to become homeowners. In addition to building homes, they also supply inexpensive construction materials to new homeowners and the local community. With a team of five dedicated individuals, this organization is committed to making a positive impact on housing in Mason County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Habitat For Humanity Of Mason County received an 86% rating on Charity Navigator, reflecting a solid performance in accountability and finance. The rating is based solely on their Accountability & Finance score, which indicates a robust governance structure and financial health. The organization boasts a fully independent board of directors, and all necessary policies and practices are in place to ensure transparency and accountability.
The organization demonstrates strong financial management, evidenced by a program expense ratio of 81.87%, meaning a significant portion of its resources is directed toward its programs. Additionally, the entity has no material diversion of assets, which enhances its credibility and trustworthiness. The low liabilities to assets ratio of 0.21% further emphasizes the organization’s fiscal stability.
While the overall score is commendable, the rating is derived exclusively from financial metrics, which may not provide a complete picture of other operational aspects or program effectiveness. Nonetheless, the high score in accountability indicates a commitment to responsible management and integrity in serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Mason County legitimate?
Habitat For Humanity Of Mason County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Mason County 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: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,813
For more financial information, click here
What is the mission statement of Habitat For Humanity Of Mason County?
Habitat for Humanity of Mason County is dedicated to serving low-income families by providing them with affordable housing solutions. The organization achieves this goal through constructing and rehabilitating homes, which are then sold at an affordable price. Additionally, they offer low-cost building materials to new homeowners and the community at large. Furthermore, Habitat for Humanity of Mason County also works on providing affordable rental housing for individuals who are not yet ready to become homeowners. The primary aim of this non-profit organization is to contribute to the housing needs of families in need and promote community development.
What is the revenue of Habitat For Humanity Of Mason County?
Habitat For Humanity Of Mason County's revenue in 2024 was $456,169.
Who are the executives of Habitat For Humanity Of Mason County and what are their salaries?
The average compensation at Habitat For Humanity Of Mason County during 2024 was $11,535. There are 9 employees and 100 volunteers at Habitat For Humanity Of Mason County.
Here are 9 key members and their salaries:
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- Compensation: $62,500
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Where can I find the form 990 for Habitat For Humanity Of Mason County?
Habitat For Humanity Of Mason County's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Habitat For Humanity Of Mason County
Habitat for Humanity of Mason County is dedicated to providing housing solutions for low-income families. Their mission encompasses two key aspects: constructing and rehabilitating homes for sale to families in need, and offering affordable rental housing to individuals who are not yet ready to become homeowners. This nonprofit organization strives to make housing more accessible and affordable within the community by providing low-cost building materials to both new homeowners and the general public. By doing so, Habitat for Humanity of Mason County contributes to the improvement of living conditions for numerous families, helping them secure a stable and comfortable home environment.
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Impact
July, 2024
Habitat For Humanity Of Mason County provides housing to low-income families and offers low-cost building materials to new homeowners and the community. Through the construction and rehabilitation of homes for sale to low-income families, they ensure that those in need have access to affordable housing options. Additionally, the organization works to provide affordable rental housing to individuals who may not be ready to become homeowners yet. Their impact is significant in addressing the housing needs of the community in Scottville, MI, and surrounding areas.
This information is meant to be a general summary of Habitat For Humanity Of Mason County. 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 2024.
- Investment Income: $2,991
- Program Service Revenue: $282,957
- Gross Receipts: $493,043
Assets and Liabilities:
- Total Assets: $1,391,635
- Total Liabilities: $9,434
- Net Assets: $1,382,201
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESALE STORE SALES
Revenue
$192,452
MORTGAGE DISCOUNT AMOR
Revenue
$61,498
HOME REPAIR INCOME
Revenue
$29,007
Organization Details
Founding Year
1987
Principal Officer
Jerad Hurd
NTEE Category
Code: L20 - Housing
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