Overview
What is Itasca County Habitat For Humanity?
Itasca County Habitat for Humanity is a dedicated nonprofit organization situated in Grand Rapids, Minnesota. Their primary mission is to construct and sell affordable homes to individuals residing in the Itasca County area. To fund these projects, they operate a home improvement store named Restore, which sells previously used or surplus furniture and building materials. Restore also accepts donations of such materials, which are then sold to the public, with all profits being utilized to build Habitat for Humanity homes in the Itasca County region. The organization is committed to building community partnerships to provide affordable housing solutions, with a workforce of eight dedicated individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Itasca County Habitat For Humanity has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 50% overall, which highlights a lack of independent board members and missing crucial governance policies, such as a conflict of interest policy and a whistleblower policy. Additionally, essential documents like board meeting minutes and the tax form are not available on its website, raising transparency issues.
Despite these concerns, Itasca County Habitat For Humanity has demonstrated a strong program expense ratio of 73.59%, suggesting that a considerable portion of its expenditures supports its mission-related activities. The organization also maintains a solid liabilities to assets ratio of 34.95%, reflecting a stable financial position in terms of asset management. However, the absence of crucial governance and transparency measures poses risks to donor trust and organizational integrity.
Overall, while Itasca County Habitat For Humanity shows promise in its programmatic efforts, the significant governance shortcomings and lack of transparency identified by Charity Navigator are critical areas that require urgent attention for improvement and to build confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Itasca County Habitat For Humanity legitimate?
Itasca County Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itasca County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,625
For more financial information, click here
What is the mission statement of Itasca County Habitat For Humanity?
Itasca County Habitat for Humanity's mission is focused on fostering community partnerships to address the need for affordable housing. They achieve this by operating a home improvement store known as RESTORE, which sells used and surplus furniture and building materials. The profits generated from these sales are utilized to construct Habitat homes in the Itasca County area. The organization's primary activity involves building and selling affordable homes to individuals within the community, aiming to contribute positively to their living situations.
Who is the CEO of Itasca County Habitat For Humanity?
Jamie Mjolsness is the Vice Chair of Itasca County Habitat For Humanity.
What is the revenue of Itasca County Habitat For Humanity?
Itasca County Habitat For Humanity's revenue in 2022 was $804,677.
Who are the executives of Itasca County Habitat For Humanity and what are their salaries?
The average compensation at Itasca County Habitat For Humanity during 2022 was $17,328. There are 8 employees at Itasca County Habitat For Humanity.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Itasca County Habitat For Humanity?
Itasca County Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Itasca County Habitat For Humanity
Itasca County Habitat for Humanity is dedicated to fostering community partnerships with the primary objective of providing affordable housing solutions. This nonprofit organization achieves this mission by operating a home improvement store called Restore, which sells used and surplus furniture and building materials. The proceeds from these sales are utilized to construct Habitat homes in the Itasca County area. By accepting donations of such materials, the organization not only reduces waste but also contributes to the creation of affordable housing for individuals within the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Itasca County Habitat For Humanity 's impact includes providing affordable housing solutions to individuals in the Itasca County area. Through its activities such as operating the ReStore, a home improvement store that sells used and surplus furniture and building materials, the organization generates profits that are used to build Habitat for Humanity homes in the community. By building and selling these affordable homes, Itasca County Habitat For Humanity helps address the housing needs of individuals in the area, ultimately working towards the goal of building community partnerships to provide affordable housing.
This information is meant to be a general summary of Itasca County 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 2022.
- Investment Income: $639
- Program Service Revenue: $548,916
- Gross Receipts: $804,677
Assets and Liabilities:
- Total Assets: $2,050,900
- Total Liabilities: $746,142
- Net Assets: $1,304,758
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$183,916
SALE OF HABITAT HOMES
Revenue
$365,000
Organization Details
Phone
(218) 999-9001Principal Officer
Jamie Mjolsness
Main Address
501 SE 11TH STREET, GRAND RAPIDS, MN, 55744
NTEE Category
Code: L20 - Housing
If you are a representative of Itasca County Habitat For Humanity and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.