Overview
What is Lakes Area Habitat For Humanity?
Lakes Area Habitat for Humanity is a nonprofit organization situated in Brainerd, Minnesota. Their primary mission is to combat poverty housing in the tri-county area of Cass, Hubbard, and Crow Wing, as well as in Staples. They achieve this by collaborating with low-income families to construct and refurbish homes, ultimately selling these homes to the families in need. In the current fiscal year, four homes have been sold thus far. The organization's work is rooted in the belief of putting God's love into action, striving to create homes, communities, and hope throughout the Lakes Area. With a dedicated team of 26 employees, Lakes Area Habitat for Humanity is actively contributing to their community.
Official website here: www.lakesareahabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Lakes Area Habitat For Humanity has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency. The overall score is based entirely on a stellar Accountability & Finance score of 96%. This rating reflects the organization's commitment to responsible financial management and governance, which is crucial for donor trust and engagement.
The organization demonstrates robust governance practices, with 100% of its board members being independent. It also scores highly on various financial oversight measures, including an effective audit and oversight committee and a solid program expense ratio of 73.34%. These metrics suggest that a significant portion of its funding directly supports its mission, which is essential for nonprofit effectiveness.
While the rating highlights numerous strengths, it remains important for potential donors to consider how these figures translate into community impact. The organization appears to have strong financial health and governance, but ongoing evaluation of its program outcomes will be vital for assessing long-term effectiveness in addressing housing needs within the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakes Area Habitat For Humanity?
94% of 77 reviewers on Facebook recommend Lakes Area Habitat for Humanity. Here is a summary of their reviews:
Many patrons express great enthusiasm for the store, highlighting it as a fantastic place to shop. The positivity surrounding the offerings and the overall experience suggests that visitors find value and satisfaction in the services provided by the organization.
The strong recommendation rate reflects a community that appreciates the efforts of Lakes Area Habitat for Humanity, indicating that they successfully meet the needs of their supporters and clients. Overall, the nonprofit appears to leave a positive impression on its visitors, reinforcing its mission.
This AI summary has been generated from reviews found on Facebook.
Is Lakes Area Habitat For Humanity legitimate?
Lakes Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes Area Habitat For Humanity 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: $75,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $386,382
For more financial information, click here
Official website here: www.lakesareahabitat.org
What is the mission statement of Lakes Area Habitat For Humanity?
Lakes Area Habitat for Humanity's mission is centered around alleviating poverty housing in three counties and a city, specifically Cass, Hubbard, Crow Wing, and Staples. They aim to achieve this goal by embodying God's love in action, bringing people together to construct homes, strengthen communities, and foster hope. Through their initiatives, they work with low-income families to construct and sell newly built or rehabilitated homes, providing a much-needed shelter to these families. This year, they have sold four homes to families in need, demonstrating their commitment to their mission.
Official website here: www.lakesareahabitat.org
What is the revenue of Lakes Area Habitat For Humanity?
Lakes Area Habitat For Humanity's revenue in 2024 was $1,469,254.
Official website here: www.lakesareahabitat.org
Who are the executives of Lakes Area Habitat For Humanity and what are their salaries?
The average compensation at Lakes Area Habitat For Humanity during 2024 was $17,091. There are 27 employees and 200 volunteers at Lakes Area Habitat For Humanity.
Here are 14 key members and their salaries:
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- Compensation: $93,849
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Official website here: www.lakesareahabitat.org
Where can I find the form 990 for Lakes Area Habitat For Humanity?
Lakes Area Habitat For Humanity's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lakesareahabitat.org
Learn more at the official website: www.lakesareahabitat.org
Mission Statement of Lakes Area Habitat For Humanity
Lakes Area Habitat for Humanity, a nonprofit organization, is dedicated to eliminating poverty housing within the three counties it serves: Cass, Hubbard, and Crow Wing, as well as the city of Staples. The mission of this organization is deeply rooted in putting God's love into action. By bringing people together, they engage in constructing homes, building communities, and fostering hope throughout the area. Lakes Area Habitat for Humanity works hand in hand with low-income families, guiding them in the construction of both new and rehabilitated homes. Upon completion, these homes are sold to the families in need, thus contributing to their stability and improvement of living conditions. During the current fiscal year, four such homes were successfully sold by Lakes Area Habitat for Humanity.
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Impact
July, 2024
Lakes Area Habitat For Humanity's impact is evident in its mission to eliminate poverty housing in the three counties served: Cass, Hubbard, and Crow Wing, along with the city of Staples. Through working with selected low-income families, the organization constructs new and rehabilitated homes, ultimately selling them to these families in need. In the current fiscal year, Lakes Area Habitat For Humanity successfully sold four homes to families, providing them with stable housing and a renewed sense of hope. Through its dedication to putting God's love into action, this nonprofit brings people together to build not only homes but also communities and hope throughout the Lakes Area.
This information is meant to be a general summary of Lakes Area Habitat For Humanity. 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: $6,334
- Program Service Revenue: $424,303
- Gross Receipts: $2,632,713
Assets and Liabilities:
- Total Assets: $4,676,684
- Total Liabilities: $593,639
- Net Assets: $4,083,045
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST RECEIVED ON HOME MORTGAG
Revenue
$179,986
NET PROCEEDS FROM HOME SALES
Revenue
$177,858
FORGIVABLE MORTGAGES
Revenue
$66,459
Organization Details
Founding Year
1990
Principal Officer
Kevin Pelkey
Website
www.lakesareahabitat.orgNTEE Category
Code: L20Z - Housing
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