Overview
What is Sedalia Area Habitat For Humanity?
Sedalia Area Habitat for Humanity is a nonprofit organization situated in Sedalia, Missouri. Their primary mission is to assist low-income families in securing decent housing by aiding in the construction of new homes or the renovation of existing ones. They sell these houses at fair market value, offering no-interest loans to the beneficiaries. Their activities are driven by a commitment to eradicating substandard housing and homelessness, making adequate, affordable shelter a priority of both conscience and action. This organization operates within the community, contributing to the improvement of living conditions for many families in need.
Official website here: www.sedaliahabitat.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Sedalia Area Habitat For Humanity has achieved an impressive 97% rating, which reflects its strong performance in accountability and finance. This high score is indicative of the nonprofit's commitment to transparency and responsible financial management, with all aspects of the score stemming from a detailed evaluation of its fiscal practices.
The organization boasts a fully independent board of directors, demonstrating a robust governance structure that contributes to its effective oversight. Key indicators of its financial health include a low liabilities-to-assets ratio of 0.83% and a program expense ratio of 91.32%, suggesting that a significant majority of its resources are directed towards its mission-related activities rather than administrative costs.
While the organization shows notable strengths in governance and financial efficiency, there are no specific limitations highlighted in the available data. Overall, Sedalia Area Habitat For Humanity exemplifies the qualities of a well-managed nonprofit, effectively utilizing its resources to further its mission of providing affordable housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Sedalia Area Habitat For Humanity legitimate?
Sedalia Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sedalia 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:
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For more financial information, click here
Official website here: www.sedaliahabitat.org/
What is the mission statement of Sedalia Area Habitat For Humanity?
Sedalia Area Habitat for Humanity is dedicated to addressing the issue of inadequate and expensive housing, as well as homelessness. They aim to make it a social responsibility and actionable concern to provide decent, affordable homes for families in need. The organization accomplishes this by assisting low-income families in constructing new homes or renovating existing ones. They sell these houses at fair market value, offering no-interest loans to the beneficiaries.
Official website here: www.sedaliahabitat.org/
Who is the CEO of Sedalia Area Habitat For Humanity?
Jeff Koetting is the President of Sedalia Area Habitat For Humanity.
Official website here: www.sedaliahabitat.org/
What is the revenue of Sedalia Area Habitat For Humanity?
Sedalia Area Habitat For Humanity's revenue in 2023 was $22,727.
Official website here: www.sedaliahabitat.org/
Who are the executives of Sedalia Area Habitat For Humanity and what are their salaries?
There 88 volunteers at Sedalia Area Habitat For Humanity.
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Official website here: www.sedaliahabitat.org/
Where can I find the form 990 for Sedalia Area Habitat For Humanity?
Sedalia Area Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sedaliahabitat.org/
Learn more at the official website: www.sedaliahabitat.org/
Mission Statement of Sedalia Area Habitat For Humanity
Sedalia Area Habitat for Humanity is a nonprofit organization with a mission to eliminate substandard housing and homelessness, and to make adequate, affordable shelter a priority. In line with this mission, the organization strives to make it a matter of conscience and action for individuals to address these issues. To accomplish this, Sedalia Area Habitat for Humanity aids low-income families in obtaining housing by providing assistance in building new homes or renovating existing ones. The houses are sold at fair market value, with the organization offering no-interest loans to the families. This approach allows families to secure a decent place to live, fostering a sense of dignity and self-sufficiency. By working towards these goals, Sedalia Area Habitat for Humanity contributes to creating communities where everyone has access to safe and affordable housing.
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Impact
August, 2024
Sedalia Area Habitat For Humanity's impact is significant in the Sedalia region. By engaging in the construction and renovation of homes, this organization helps low-income families obtain housing that is adequate and affordable. Through their efforts, they contribute to the elimination of substandard housing and homelessness in the community. This not only provides families with a place to call home but also allows them to build equity and stability for their future. The organization's provision of no-interest loans further supports these families in achieving their goal of homeownership.
This information is meant to be a general summary of Sedalia 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 2023.
- Investment Income: $2,947
- Program Service Revenue: $554
- Gross Receipts: $22,727
Assets and Liabilities:
- Total Assets: $1,193,889
- Total Liabilities: $9,991
- Net Assets: $1,183,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CREDIT CARD REBATES
Revenue
$8
LATE FEE INCOME
Revenue
$546
Organization Details
Founding Year
1987
Phone
(660) 441-7637Principal Officer
Jeff Koetting
Main Address
PO BOX 1523, Sedalia, MO, 65301
Website
www.sedaliahabitat.org/NTEE Category
Code: L20 - Housing
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