Overview
What is Habitat For Humanity Of St Charles County?
Habitat for Humanity of St. Charles County is a dedicated nonprofit organization based in St. Peters, Missouri. Their primary mission is to construct and renovate homes in collaboration with hardworking, low-income families within St. Charles County. During the current fiscal year, they successfully built and sold five homes. Upon purchasing a home, families are provided with a non-interest bearing mortgage, and they are expected to make monthly payments. The mortgage repayment amount is adjusted based on the mortgage discount rate established by Habitat for Humanity International, Inc., in the year the mortgage is originated. The organization also offers one-on-one coaching to families through their Family Advocate Program, focusing on financial and homeownership training. Beyond home construction, Habitat for Humanity of St. Charles County aims to put God's love into action by bringing individuals together to build communities and instill hope.
Official website here: www.habitatstcharles.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Habitat For Humanity Of St Charles County has received an 81% rating from Charity Navigator, indicating a robust commitment to accountability and finance. The organization has demonstrated strong financial health with a program expense ratio of 79.64%, ensuring that a significant portion of its funds is directed towards its mission-related activities.
The nonprofit boasts a fully independent board, scoring 100% in that category, which reflects transparency and governance strength. Additionally, it has established comprehensive policies, including a whistleblower policy and proper document retention practices, contributing to its high accountability score.
While the organization has shown solid financial practices and governance, the rating primarily reflects these aspects without additional metrics related to impact or effectiveness. Therefore, while the financial health is commendable, potential donors may want to seek further insights into the nonprofit’s program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of St Charles County legitimate?
Habitat For Humanity Of St Charles County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of St Charles County 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: $67,859
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,896
For more financial information, click here
Official website here: www.habitatstcharles.org
What is the mission statement of Habitat For Humanity Of St Charles County?
Habitat for Humanity of St. Charles County's mission is centered around putting God's love into action. They bring together individuals to construct homes, foster communities, and instill hope. The organization's primary objective is to build and renovate homes in partnership with low-income families in St. Charles County. During the current fiscal year, they successfully constructed and sold five homes. Upon selling a home, Habitat for Humanity provides a non-interest bearing mortgage to the new homeowners, requiring regular monthly payments. The mortgage discount rate is established by Habitat for Humanity International, Inc. Furthermore, the organization offers one-on-one coaching to families for financial and homeownership training through their Family Advocate Program.
Official website here: www.habitatstcharles.org
Who is the CEO of Habitat For Humanity Of St Charles County?
Michelle Woods is the Director of Habitat For Humanity Of St Charles County.
Official website here: www.habitatstcharles.org
What is the revenue of Habitat For Humanity Of St Charles County?
Habitat For Humanity Of St Charles County's revenue in 2022 was $2,145,437.
Official website here: www.habitatstcharles.org
Who are the executives of Habitat For Humanity Of St Charles County and what are their salaries?
The average compensation at Habitat For Humanity Of St Charles County during 2022 was $16,993. There are 37 employees and 1500 volunteers at Habitat For Humanity Of St Charles County.
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Official website here: www.habitatstcharles.org
Where can I find the form 990 for Habitat For Humanity Of St Charles County?
Habitat For Humanity Of St Charles County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatstcharles.org
Learn more at the official website: www.habitatstcharles.org
Mission Statement of Habitat For Humanity Of St Charles County
Habitat for Humanity of St. Charles County is committed to embodying God's love in action by bringing people together to construct homes, communities, and hope. Their primary mission is to collaborate with hard-working, low-income families in St. Charles County, assisting them in building and purchasing homes. Throughout the current fiscal year, the organization successfully constructed and sold five homes. Following the sale, Habitat for Humanity of St. Charles County provides homeowners with a non-interest-bearing mortgage and requires regular monthly payments. The mortgage discount rate, which is established by Habitat for Humanity International, Inc., is used to discount each mortgage receivable.
In addition to offering affordable housing solutions, Habitat for Humanity of St. Charles County also provides one-on-one coaching to families. This coaching program focuses on financial and homeownership training, ensuring that homeowners are well-equipped to manage their new homes and financial responsibilities. The Family Advocate Program, a key component of this coaching, plays a vital role in helping families navigate their financial journeys and develop strong homeownership skills. By combining home construction, affordable mortgage options, and comprehensive financial education, Habitat for Humanity of St. Charles County is dedicated to creating lasting change in the lives of low-income families, enabling them to build a brighter future.
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Impact
July, 2024
Habitat For Humanity Of St Charles County's impact can be seen in the tangible difference it makes in the lives of hard-working, low-income families in St. Charles County. The organization's mission of building and renovating homes, in partnership with these families, not only provides affordable housing but also instills hope and a sense of community. In the past fiscal year alone, Habitat For Humanity Of St Charles County successfully built and sold five homes, directly impacting the lives of those families.
Moreover, their approach of providing a non-interest bearing mortgage and offering financial and homeownership training through their Family Advocate Program shows a commitment to empowering families for long-term success and stability. By coming together to build homes and communities, Habitat For Humanity Of St Charles County is truly putting God's love into action and creating a positive impact that extends far beyond just providing shelter.
This information is meant to be a general summary of Habitat For Humanity Of St Charles County. 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: $68
- Program Service Revenue: $1,233,518
- Gross Receipts: $2,179,392
Assets and Liabilities:
- Total Assets: $3,222,263
- Total Liabilities: $470,774
- Net Assets: $2,751,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$837,483
AMORTIZATION OF DISCOU
Revenue
$233,698
SALE OF HOMES
Revenue
$162,337
Organization Details
Founding Year
1997
Phone
(636) 978-5712Principal Officer
Michelle Woods
Main Address
2041 TRADE CENTER DRIVE, ST PETERS, MO, 63376
Website
www.habitatstcharles.orgNTEE Category
Code: L20 - Housing
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