Overview
What is Habitat For Humanity Of North Central Iowa?
Habitat for Humanity of North Central Iowa is a dedicated nonprofit organization situated in Mason City, Iowa. Its primary objective is to provide affordable housing solutions to low-income families. Through a unique no-interest mortgage program, they sell homes to eligible families, aiming to make decent shelter a universal concern. The organization's mission extends beyond just home sales, as they also service mortgages from homes sold in previous years. With a team of eight employees, Habitat for Humanity of North Central Iowa is committed to creating a sense of community and dignity for families in need by providing them with a comfortable and affordable living space.
Official website here: www.habitatnci.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Habitat For Humanity Of North Central Iowa has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score of 96% is exclusively derived from its accountability and finance metrics, reflecting strong governance and transparency in its operations.
The organization has achieved perfect scores in several key areas, including having a fully independent board and a robust audit and oversight committee. Its commitment to financial integrity is further demonstrated by the absence of material asset diversions and a low liabilities to assets ratio of 1.26%. The program expense ratio of 81.05% highlights a strong focus on programmatic activities, ensuring that a significant portion of funds directly supports its mission.
While the data showcases a well-run organization with effective policies in place, it is important for potential donors and volunteers to stay informed about ongoing updates and performance. Overall, Habitat For Humanity Of North Central Iowa exemplifies a nonprofit dedicated to efficient use of resources and accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of North Central Iowa?
94% of 39 reviewers on Facebook recommend Habitat For Humanity Of North Central Iowa. Here is a summary of their reviews: Many users appreciate the initiative's commitment to providing affordable housing solutions in the community. They often highlight the positive impact the organization has on both families in need and the overall neighborhood.
Numerous comments emphasize the importance of donating gently used building materials and household items to the Habitat ReStore, which not only supports the cause financially but also promotes sustainability. Participants feel that their contributions significantly aid in the ongoing efforts of the nonprofit.
Overall, there is strong support for the mission of Habitat For Humanity, with individuals expressing satisfaction regarding the organization's effectiveness and outreach. The willingness of the community to engage through donations and volunteer efforts further showcases a collective belief in the cause.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of North Central Iowa legitimate?
Habitat For Humanity Of North Central Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of North Central Iowa 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: $80,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,613
For more financial information, click here
Official website here: www.habitatnci.org
What is the mission statement of Habitat For Humanity Of North Central Iowa?
Habitat for Humanity of North Central Iowa is dedicated to addressing the housing needs of individuals and families who are financially disadvantaged. The organization's primary goal is to construct and sell decent, affordable homes to these families, thereby making adequate shelter a priority for people worldwide. Through a no-interest mortgage program, these homes are made available, promoting homeownership and improving living conditions for many families. Additionally, Habitat for Humanity of North Central Iowa continues to service mortgages on homes sold in previous years, demonstrating its commitment to supporting its homeowners over the long term.
Official website here: www.habitatnci.org
Who is the CEO of Habitat For Humanity Of North Central Iowa?
Melissa Schoneberg is the Executive Director of Habitat For Humanity Of North Central Iowa.
Official website here: www.habitatnci.org
What is the revenue of Habitat For Humanity Of North Central Iowa?
Habitat For Humanity Of North Central Iowa's revenue in 2022 was $614,577.
Official website here: www.habitatnci.org
Who are the executives of Habitat For Humanity Of North Central Iowa and what are their salaries?
The average compensation at Habitat For Humanity Of North Central Iowa during 2022 was $33,720. There are 8 employees and 250 volunteers at Habitat For Humanity Of North Central Iowa.
Here are 13 key members and their salaries:
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Official website here: www.habitatnci.org
Where can I find the form 990 for Habitat For Humanity Of North Central Iowa?
Habitat For Humanity Of North Central Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatnci.org
Learn more at the official website: www.habitatnci.org
Mission Statement of Habitat For Humanity Of North Central Iowa
Habitat for Humanity of North Central Iowa is dedicated to a noble cause: providing decent, affordable housing for families in need. This mission is not just a goal, but a call to action, encouraging people everywhere to prioritize this fundamental need. The organization's purpose is to build homes for low-income families, selling them through a unique no-interest mortgage program. This approach ensures that the beneficiaries are not burdened with exorbitant interest payments, making homeownership more accessible and affordable. Moreover, Habitat for Humanity of North Central Iowa continues to support its homeowners even after the sale by servicing mortgages from homes sold in previous years. This comprehensive approach to affordable housing not only provides shelter but also instills a sense of dignity and stability for the families it serves.
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Impact
July, 2024
Habitat For Humanity Of North Central Iowa's impact is significant in creating decent, affordable housing for those in need. Through their no-interest mortgage program, low-income families are able to purchase homes and secure stable housing. By providing this opportunity, the organization is addressing the critical need for affordable housing in the community and making a positive difference in the lives of families. Their work reflects a commitment to ensuring that decent shelter is accessible to all, highlighting the importance of housing as a fundamental human right.
This information is meant to be a general summary of Habitat For Humanity Of North Central Iowa. 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: $3,474
- Program Service Revenue: $62,583
- Gross Receipts: $614,577
Assets and Liabilities:
- Total Assets: $3,247,648
- Total Liabilities: $46,521
- Net Assets: $3,201,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TO HOMEOWNERS
INTEREST ON MORTGAGE LOANS
Revenue
$62,583
Organization Details
Founding Year
1993
Phone
(641) 424-8978Principal Officer
Melissa Schoneberg
Main Address
517 1ST STREET NW, MASON CITY, IA, 50401
Website
www.habitatnci.orgNTEE Category
Code: L20 - Housing
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