Overview
What is Otsego County Habitat For Humanity Inc?
Otsego County Habitat for Humanity Inc, located in Gaylord, Michigan, is a nonprofit organization with a mission to embodies God's love by uniting individuals to construct homes, foster communities, and cultivate hope. With a dedicated team of 17 employees, they work tirelessly to achieve their goal. The organization's activities encompass building dwellings, promoting community development, and instilling feelings of optimism among its beneficiaries. Their headquarters is situated at 526 EDELWEISS VILLAGE PKWY, Gaylord, MI 49735.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Otsego County Habitat For Humanity Inc has received a solid Three-Star rating from Charity Navigator, reflecting its good governance and financial health. The organization's Accountability & Finance Score stands at 82%, highlighting its effective management practices and transparency in operations. Notably, the organization boasts a 100% independent board, ensuring diverse perspectives in its decision-making processes.
The nonprofit demonstrates strong financial performance with an impressive program expense ratio of 88.92%, indicating that a significant portion of its resources is directed toward its mission-related activities. Additionally, it has a low liabilities to assets ratio at 12.66%, showcasing its stability and sound financial practices. The presence of an audit and oversight committee further underscores its commitment to accountability.
Despite the positive aspects, the rating does not specify any areas for improvement or limitations. Overall, Otsego County Habitat For Humanity Inc appears to be a well-managed organization with a focus on effectively fulfilling its mission of providing affordable housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Otsego County Habitat For Humanity Inc legitimate?
Otsego County Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otsego County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,098
For more financial information, click here
What is the mission statement of Otsego County Habitat For Humanity Inc?
Otsego County Habitat for Humanity Inc. is committed to embodying God's love in action. They achieve this by bringing together individuals to construct homes, foster communities, and cultivate hope. Through their initiatives, they aim to build more than just physical structures; they strive to create sustainable living environments and a sense of unity among people. This organization believes in the transformative power of community development, aiming to improve the lives of those involved and inspire a spirit of compassion and unity.
What is the revenue of Otsego County Habitat For Humanity Inc?
Otsego County Habitat For Humanity Inc's revenue in 2024 was $636,066.
Who are the executives of Otsego County Habitat For Humanity Inc and what are their salaries?
The average compensation at Otsego County Habitat For Humanity Inc during 2024 was $17,418. There are 17 employees at Otsego County Habitat For Humanity Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Otsego County Habitat For Humanity Inc?
Otsego County Habitat For Humanity Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Otsego County Habitat For Humanity Inc
Otsego County Habitat for Humanity, driven by the desire to embody God's love, plays a pivotal role in bringing people together to construct homes, foster communities, and inspire hope. Their mission is centered around this principle, aiming to unite individuals in a common goal of improving living conditions and promoting a sense of unity and optimism. By working collaboratively, this nonprofit organization aims to make a tangible impact on the lives of those in need, contributing to the creation of vibrant, supportive communities.
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Impact
July, 2024
Otsego County Habitat For Humanity Inc is focused on bringing people together to build homes, communities, and hope in Gaylord, MI. By seeking to put God's love into action, this organization has a significant impact on providing affordable housing solutions for families in need. Through their work, they strive to create a positive change in the lives of individuals and communities, fostering a sense of stability and security for those they serve.
This information is meant to be a general summary of Otsego County 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 2024.
- Investment Income: $62
- Program Service Revenue: $159,793
- Gross Receipts: $656,148
Assets and Liabilities:
- Total Assets: $745,661
- Total Liabilities: $94,413
- Net Assets: $651,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS RESTORE I
Revenue
$151,600
TRUCK DONATIONS
Revenue
$8,193
Organization Details
Founding Year
1993
Principal Officer
Alicia A Shepard
NTEE Category
Code: L20 - Housing
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