Overview
What is Sussex County Habitat For Humanity Inc?
Sussex County Habitat for Humanity Inc is a nonprofit organization located in Georgetown, Delaware. Their primary mission is to provide affordable housing solutions for families in need, promoting stability and self-reliance. They achieve this by partnering with volunteers and prospective homeowners to construct modest, yet sufficient homes. By utilizing efficient building methods, donated materials, and no-profit loans, they make their houses affordable for low-income families. During fiscal year 2022, they served over 537 individuals through their homeownership program. Their approach is guided by a strong commitment to neutrality, adhering to a non-proselytizing policy. Their work aims to contribute to a world where everyone has a decent place to live.
Official website here: www.sussexcountyhabitat.org
What are the reviews and ratings of this charity?
**Sussex County Habitat For Humanity Inc - Rating Summary**
Charity Navigator has awarded Sussex County Habitat For Humanity Inc a Four-Star out of Four Star rating with an impressive score of 90%. This rating reflects the organization's strong commitment to accountability and finance, as evidenced by its perfect score in financial audits, document policies, and independent board governance. The organization has no noted issues of material diversion of assets, showcasing its integrity in financial management.
One of the main strengths of the organization is its high program expense ratio at 84.13%, indicating that the vast majority of funds are directed towards its mission-related activities. Additionally, it boasts excellent fundraising efficiency, with only $0.05 spent for each dollar raised. With a working capital ratio of 2.18 years, Sussex County Habitat for Humanity demonstrates good financial health and sustainability.
Unfortunately, the charity's impact, culture, and leadership metrics are not currently scored, which may limit a holistic understanding of its effectiveness. While financial transparency is commendable, more qualitative data on its community impact could enhance its evaluation. User reviews from GreatNonprofits are not available at this time, limiting insights from the general public.
This AI summary has been generated from information found on Charity Navigator.
Is Sussex County Habitat For Humanity Inc legitimate?
Sussex County Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sussex County Habitat For Humanity 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: $80,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $744,563
For more financial information, click here
Official website here: www.sussexcountyhabitat.org
What is the mission statement of Sussex County Habitat For Humanity Inc?
Sussex County Habitat for Humanity's mission is centered around putting God's love into action. They bring people together to construct homes, foster communities, and instill hope, aiming to realize a world where everyone has access to a decent living space. It's essential to note that Habitat for Humanity Sussex County adheres to a strict non-proselytizing policy, ensuring that assistance is not contingent upon any individual adhering to or converting to a specific faith or engaging with religious messaging designed for conversion.
Official website here: www.sussexcountyhabitat.org
Who is the CEO of Sussex County Habitat For Humanity Inc?
Kevin Gilmore is the President of Sussex County Habitat For Humanity Inc.
Official website here: www.sussexcountyhabitat.org
What is the revenue of Sussex County Habitat For Humanity Inc?
Sussex County Habitat For Humanity Inc's revenue in 2022 was $9,557,506.
Official website here: www.sussexcountyhabitat.org
Who are the executives of Sussex County Habitat For Humanity Inc and what are their salaries?
The average compensation at Sussex County Habitat For Humanity Inc during 2022 was $25,772. There are 32 employees and 2948 volunteers at Sussex County Habitat For Humanity Inc.
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Official website here: www.sussexcountyhabitat.org
Where can I find the form 990 for Sussex County Habitat For Humanity Inc?
Sussex County Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sussexcountyhabitat.org
Learn more at the official website: www.sussexcountyhabitat.org
Mission Statement of Sussex County Habitat For Humanity Inc
Sussex County Habitat for Humanity Inc is committed to embodying God's love by bringing people together to construct homes, foster communities, and inspire hope. Their ultimate goal is to create a world where everyone has access to a decent living space. This nonprofit organization strictly adheres to a non-proselytizing policy, ensuring that their aid is not contingent upon an individual's religious beliefs or their willingness to convert to a specific faith. Instead, they focus on the common goal of providing a better living situation for all. By working collaboratively, Sussex County Habitat for Humanity Inc contributes to building stronger communities and instilling hope in those in need.
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Impact
July, 2024
Sussex County Habitat For Humanity Inc's impact is significant in providing families in need with safe and affordable homes. By engaging volunteers and prospective homeowners, using donated materials, and offering no-profit loans, they make homeownership achievable for low-income families. This not only provides stability, stress relief, and confidence to families but also creates a conducive environment for child development and growth. Affordable homeownership enables families to save for the future, access educational opportunities, and improve job prospects, ultimately lifting up the entire family. In the fiscal year 2022, Habitat Sussex County served over 537 individuals through its homeownership program, illustrating their tangible contribution to building homes, communities, and hope in pursuit of a world where everyone has a decent place to live.
This information is meant to be a general summary of Sussex County Habitat For Humanity 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 2022.
- Investment Income: $10,306
- Program Service Revenue: $2,210,173
- Gross Receipts: $10,545,558
Assets and Liabilities:
- Total Assets: $18,523,234
- Total Liabilities: $8,086,244
- Net Assets: $10,436,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE TO HOMEOWNERS
Revenue
$1,852,325
MORTGAGE DISCOUNT AMORTIZATIO
Revenue
$354,000
AMERICORPS
Revenue
$3,848
Organization Details
Founding Year
1994
Phone
(302) 855-1153Principal Officer
Kevin Gilmore
Main Address
206 ACADEMY STREET PO BOX 759, GEORGETOWN, DE, 19947
Website
www.sussexcountyhabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Sussex County Habitat For Humanity Inc 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.