Overview
What is Hfh Of Douglas County Minnesota Inc?
Hfh Of Douglas County Minnesota Inc, based in Alexandria, Minnesota, is a dedicated nonprofit organization committed to addressing housing needs. By leveraging the labor of volunteers and prospective homeowners, implementing efficient building methods, and utilizing donated materials, the organization constructs affordable houses for low-income families. Their mission extends beyond home construction, encompassing initiatives like financial education programs, aging in place programs, and a restore program that sells gently used items to the community, thereby reducing waste and providing employment opportunities. During the 2022-2023 fiscal year, Hfh Of Douglas County Minnesota Inc served 11 families through long-term homeownership programs and improved 14 homes for older adults through their aging in place program. The organization adheres to a strict non-proselytizing policy and does not require participants to adhere to a particular faith.
Official website here: www.hfhdouglascounty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Hfh Of Douglas County Minnesota Inc has achieved a perfect Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 100% on its Accountability & Finance beacon, indicating excellent oversight and transparency in its operations.
The independent board structure is robust, with all 12 members being independent, which enhances the organization's governance. It has implemented comprehensive policies, including conflict of interest and whistleblower protections, ensuring ethical practices and accountability. The organization also maintains a healthy financial standing, with an impressive program expense ratio of 96.11%, indicating that most of its funds are directed towards its mission.
One notable strength is its fundraising efficiency, with a minimal cost of $0.02 to raise a dollar, demonstrating effective resource management. Additionally, the organization has a low liabilities-to-assets ratio of 11.65%, which suggests sound financial health. Overall, Hfh Of Douglas County Minnesota Inc stands out as a well-managed nonprofit with a clear focus on its mission and responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hfh Of Douglas County Minnesota Inc?
100% of 10 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
The consensus among those who have shared their thoughts is overwhelmingly positive, with one user expressing that it is a "wonderful organization." This suggests strong community support and satisfaction with the services being provided.
Overall, supporters appreciate the efforts and impact of Hfh Of Douglas County Minnesota Inc, indicating that the nonprofit fulfills its mission effectively and resonates well with its audience.
This AI summary has been generated from reviews found on Facebook.
Is Hfh Of Douglas County Minnesota Inc legitimate?
Hfh Of Douglas County Minnesota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hfh Of Douglas County Minnesota 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: $97,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $474,324
For more financial information, click here
Official website here: www.hfhdouglascounty.org
What is the mission statement of Hfh Of Douglas County Minnesota Inc?
Hfh Of Douglas County Minnesota Inc's mission is centered around fostering unity and creating positive change through the construction of homes. Following a non-proselytizing policy, the organization brings people together to build not just homes, but also communities and a sense of hope. Their ultimate goal is to contribute to a world where everyone has access to a decent living space, aligning with their belief in putting God's love into action. Hfh Of Douglas County Minnesota Inc's activities in Douglas County, Minnesota, are guided by this mission, ensuring that no assistance is provided on the condition of religious adherence or conversion.
Official website here: www.hfhdouglascounty.org
Who is the CEO of Hfh Of Douglas County Minnesota Inc?
Lori Anderson is the President of Hfh Of Douglas County Minnesota Inc.
Official website here: www.hfhdouglascounty.org
What is the revenue of Hfh Of Douglas County Minnesota Inc?
Hfh Of Douglas County Minnesota Inc's revenue in 2023 was $3,306,659.
Official website here: www.hfhdouglascounty.org
Who are the executives of Hfh Of Douglas County Minnesota Inc and what are their salaries?
The average compensation at Hfh Of Douglas County Minnesota Inc during 2023 was $38,137. There are 15 employees and 760 volunteers at Hfh Of Douglas County Minnesota Inc.
Here are 13 key members and their salaries:
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- Compensation: $75,494
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- Other: $28,806
Official website here: www.hfhdouglascounty.org
Where can I find the form 990 for Hfh Of Douglas County Minnesota Inc?
Hfh Of Douglas County Minnesota Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hfhdouglascounty.org
Learn more at the official website: www.hfhdouglascounty.org
Mission Statement of Hfh Of Douglas County Minnesota Inc
Habitat for Humanity of Douglas County Minnesota, in line with its mission, brings people together to construct homes, communities, and hope. This nonprofit organization, guided by a strong non-proselytizing policy, strives to embody God's love into action. It aims to unite individuals to build decent living spaces, fostering the development of communities and instilling hope for a world where everyone has a suitable place to reside. Adhering to this vision, Habitat for Humanity of Douglas County, Minnesota, ensures that it does not offer assistance on the condition of religious conversion or affiliation.
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Impact
July, 2024
Hfh Of Douglas County Minnesota Inc, through its Habitat for Humanity programs, has a significant impact on the community by bringing people together to build homes, communities, and hope. By providing safe and affordable housing options for families in need, this organization helps to create stable and secure households, fostering conditions that promote self-reliance, confidence, and overall well-being.
In addition to building homes, Hfh Of Douglas County Minnesota Inc also runs an Aging in Place program, which focuses on improving homes for older adults, allowing them to live independently and comfortably in their own residences. This program has positively impacted 14 homes, enabling older adults to navigate their living spaces more efficiently.
Moreover, the organization's Restore program plays a vital role in diverting waste from landfills, providing affordable home items to families, and generating funds to support their community outreach mission. By keeping 1,600 tons of waste out of landfills, providing employment opportunities, engaging volunteers, and selling affordable furniture and building materials, Hfh Of Douglas County Minnesota Inc contributes to environmental sustainability and community welfare.
Furthermore, the financial and homebuyer education programs offered by the organization equip homeowners with the necessary knowledge and skills to manage their finances effectively and navigate the path to homeownership successfully. By providing financial education classes covering various important topics, Hfh Of Douglas County Minnesota Inc supports the long-term personal success of homeowners and helps them build a better future.
Overall, Hfh Of Douglas County Minnesota Inc's impact is profound, as it not only addresses the immediate housing needs of families but also fosters a sense of community, sustainability, and empowerment through its various programs and initiatives.
This information is meant to be a general summary of Hfh Of Douglas County Minnesota 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 2023.
- Investment Income: $1,611
- Program Service Revenue: $1,796,124
- Gross Receipts: $3,737,711
Assets and Liabilities:
- Total Assets: $3,963,046
- Total Liabilities: $462,025
- Net Assets: $3,501,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOMES
Revenue
$1,024,161
ASSUMED MTG INCOME
Revenue
$591,957
DISCOUNTS OF MORTGAGES
Revenue
$180,006
Organization Details
Founding Year
1997
Phone
(320) 762-4255Principal Officer
Lori Anderson
Main Address
1211 N NOKOMIS NE, ALEXANDRIA, MN, 56308
Website
www.hfhdouglascounty.orgNTEE Category
Code: L20 - Housing
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