Overview
What is Habitat For Humanity Of So Cent Mn Inc?
Habitat for Humanity of South Central Minnesota Inc., located at 1730 Bassett Drive, Mankato, MN 56002, is a compassionate nonprofit organization. Their primary mission is to aid families in building strength, stability, and self-reliance by providing them with shelter. During the year ending June 30, 2022, they successfully completed construction of two homes for low-income families, demonstrating their commitment to this cause. The organization, with a workforce of 18 dedicated individuals, operates with a focus on enhancing the living conditions of families in need.
Official website here: www.habitatscmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Habitat For Humanity Of Southern Central Minnesota Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization boasts an impressive Accountability & Finance Score of 96. This indicates transparency in its financial practices, with no material diversion of assets, full compliance with conflict of interest policies, and an independent board composed entirely of independent members.
Volunteers have shared positive experiences, highlighting the diverse opportunities available to contribute, such as home-building projects and community initiatives. One reviewer praised the collaborative environment provided by the executive director and staff, suggesting that Habitat is not only effective in its mission but also fosters a strong community spirit among its volunteers.
While the organization has a strong Program Expense Ratio of 81.55%, indicating that a significant portion of its budget is directed toward its programs, its Culture & Community Score is somewhat lower at 79. This suggests there may be areas for improvement in community engagement or inclusivity strategies, despite overall strong performance in financial accountability and volunteer satisfaction.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Habitat For Humanity Of So Cent Mn Inc legitimate?
Habitat For Humanity Of So Cent Mn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of So Cent Mn 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: $69,554
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,978
For more financial information, click here
Official website here: www.habitatscmn.org
What is the mission statement of Habitat For Humanity Of So Cent Mn Inc?
Habitat for Humanity of So Cent Mn Inc's mission is centered around assisting families in building strength, stability, and self-reliance primarily through the provision of shelter. By executing this mission, the organization aims to contribute positively to the lives of low-income families, enabling them to enhance their living conditions and achieve a sense of independence. Last fiscal year, the organization successfully completed the construction of two homes for eligible families, further highlighting their commitment to this mission.
Official website here: www.habitatscmn.org
Who is the CEO of Habitat For Humanity Of So Cent Mn Inc?
Sondra Herman is the President of Habitat For Humanity Of So Cent Mn Inc.
Official website here: www.habitatscmn.org
What is the revenue of Habitat For Humanity Of So Cent Mn Inc?
Habitat For Humanity Of So Cent Mn Inc's revenue in 2022 was $1,882,545.
Official website here: www.habitatscmn.org
Who are the executives of Habitat For Humanity Of So Cent Mn Inc and what are their salaries?
The average compensation at Habitat For Humanity Of So Cent Mn Inc during 2022 was $16,363. There are 18 employees and 144 volunteers at Habitat For Humanity Of So Cent Mn Inc.
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Official website here: www.habitatscmn.org
Where can I find the form 990 for Habitat For Humanity Of So Cent Mn Inc?
Habitat For Humanity Of So Cent Mn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatscmn.org
Learn more at the official website: www.habitatscmn.org
Mission Statement of Habitat For Humanity Of So Cent Mn Inc
Habitat for Humanity of So Cent Mn Inc is an organization committed to assisting families in building strength, stability, and self-reliance. They accomplish this mission by providing shelter as their primary means of support. Through their activities, they aim to help low-income families overcome their housing challenges and achieve a sense of independence. During the year ending June 30, 2022, Habitat for Humanity of So Cent Mn Inc completed the construction of two homes, further demonstrating their dedication to their mission. By offering this essential service, the organization plays a significant role in empowering families to build better lives for themselves.
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Impact
July, 2024
Habitat For Humanity Of So Cent Mn Inc helps families build strength, stability, and self-reliance through shelter. In the year ended June 30, 2022, the organization completed construction of two homes for low-income families in Mankato, MN. Their mission is to provide affordable housing solutions that empower families and improve their quality of life. Through their efforts, Habitat For Humanity Of So Cent Mn Inc is making a tangible impact on the community by addressing housing insecurity and promoting self-sufficiency.
This information is meant to be a general summary of Habitat For Humanity Of So Cent Mn 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: $5,166
- Program Service Revenue: $820,984
- Gross Receipts: $2,567,939
Assets and Liabilities:
- Total Assets: $7,163,507
- Total Liabilities: $809,368
- Net Assets: $6,354,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$579,004
MORTGAGE DISCOUNT
Revenue
$232,120
OTHER PROGRAM RELATED RECEIPTS
Revenue
$9,860
Organization Details
Founding Year
1986
Phone
(507) 388-2081Principal Officer
Sondra Herman
Main Address
1730 BASSETT DRIVE, MANKATO, MN, 560020222
Website
www.habitatscmn.orgNTEE Category
Code: L20 - Housing
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