Overview
What is Habitat For Humanity Northwoods Inc?
Habitat for Humanity Northwoods Inc is a nonprofit organization dedicated to assisting low-income families and the elderly by facilitating the construction of affordable homes and improving existing residences. Their mission involves identifying suitable families and locating appropriate building sites. As of the provided information, they have completed one such project and are planning a second home. This organization contributes significantly to addressing housing needs within the community.
Official website here: www.habitatnorthwoods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Habitat For Humanity Northwoods Inc has earned a Three-Star rating from Charity Navigator, reflecting a score of 78%. This rating is based entirely on the organization’s Accountability & Finance, showcasing a strong commitment to financial integrity and responsible governance. The organization has a fully independent board, which enhances its accountability, and scores highly in areas such as audit oversight and the absence of material asset diversions.
The nonprofit demonstrates solid financial management, with a liabilities to assets ratio of 24.89%, indicating a healthy balance sheet. Additionally, the program expense ratio stands at 67.11%, suggesting that a significant portion of its expenditures is directed towards its mission-driven programs. These strengths signify a responsible organization effectively utilizing its resources for community benefit.
However, while the organization shows commendable financial practices, potential donors and supporters may want to consider the overall impact and effectiveness of its programs, as the rating reflects financial performance rather than the outcomes of the initiatives undertaken. This could be an area for further exploration for those interested in the nonprofit's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Northwoods Inc legitimate?
Habitat For Humanity Northwoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Northwoods 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: $46,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,167
For more financial information, click here
Official website here: www.habitatnorthwoods.org
What is the mission statement of Habitat For Humanity Northwoods Inc?
Habitat For Humanity Northwoods Inc's mission is centered around assisting families in need by aiding them in the construction of affordable homes. Additionally, the organization extends its support to the elderly population, helping them improve the living conditions of their existing homes. The organization's primary activities involve identifying suitable families and locations for building homes. As of now, they have successfully completed one such project and have plans to construct another one.
Official website here: www.habitatnorthwoods.org
What is the revenue of Habitat For Humanity Northwoods Inc?
Habitat For Humanity Northwoods Inc's revenue in 2024 was $829,250.
Official website here: www.habitatnorthwoods.org
Who are the executives of Habitat For Humanity Northwoods Inc and what are their salaries?
The average compensation at Habitat For Humanity Northwoods Inc during 2024 was $18,131. There are 15 employees and 88 volunteers at Habitat For Humanity Northwoods Inc.
Here are 9 key members and their salaries:
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- Compensation: $46,800
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Official website here: www.habitatnorthwoods.org
Where can I find the form 990 for Habitat For Humanity Northwoods Inc?
Habitat For Humanity Northwoods Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.habitatnorthwoods.org
Learn more at the official website: www.habitatnorthwoods.org
Mission Statement of Habitat For Humanity Northwoods Inc
Habitat for Humanity Northwoods Inc is committed to assisting families in building affordable homes and enhancing the living conditions of the elderly by improving their residences. The organization's mission is twofold: firstly, it aims to help low-income families by identifying suitable locations and constructing homes that are within their financial reach. Secondly, it focuses on improving the homes of the elderly, ensuring they live in safe, comfortable environments. As of the provided information, Habitat for Humanity Northwoods Inc has successfully completed one such project for a low-income family and has plans to construct another home. This nonprofit organization plays a vital role in providing housing solutions for those who may otherwise struggle to afford a decent place to live.
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Impact
July, 2024
Habitat For Humanity Northwoods Inc's impact includes helping families build affordable homes and assisting the elderly in improving their living conditions. The organization engages in planning and constructing houses for low-income families, working to identify prospective families and suitable locations for housing projects. In one instance, they have successfully completed the construction of a home, with plans for a second home underway. This initiative is making a tangible difference in providing housing solutions for those in need within the Rhinelander community in Wisconsin.
This information is meant to be a general summary of Habitat For Humanity Northwoods 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: $4,463
- Program Service Revenue: $672,854
- Gross Receipts: $829,350
Assets and Liabilities:
- Total Assets: $1,207,714
- Total Liabilities: $300,714
- Net Assets: $907,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$510,990
HOUSE SALES
Revenue
$147,669
MORTGAGE DISCOUNT ACCR
Revenue
$14,195
Organization Details
Founding Year
1997
Principal Officer
David Havel
Website
www.habitatnorthwoods.orgNTEE Category
Code: L20 - Housing
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