Overview
What is Stanly County Habitat For Humanity?
Stanly County Habitat for Humanity, located in Albemarle, North Carolina, is a dedicated nonprofit organization focused on addressing housing needs. Their primary mission is to offer affordable housing solutions to eligible families. Through their housing development and management activities, they strive to provide low-cost homes, contributing positively to the community. Though the specifics of their operations are not detailed in the information provided, it's clear that they aim to make a meaningful impact on the lives of those in need of affordable housing.
Official website here: www.stanlyhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Stanly County Habitat For Humanity has received a solid score of 88%, reflecting a commendable level of accountability and finance management. The organization's rating is based entirely on the Accountability & Finance beacon, indicating strong performance in these key areas. Notably, all board members are independent, and financial statements are audited, showcasing transparency and dedication to responsible governance.
Strengths of the organization include its impressive program expense ratio of 83.40%, demonstrating that a significant portion of its expenditures supports its mission and programs. Additionally, the absence of any material diversion of assets and a favorable liabilities to assets ratio of 30.19% point to sound financial health. However, there are notable areas for improvement, such as the absence of a whistleblower policy, document retention and destruction policy, and tax form postings on the nonprofit's website.
Despite these limitations, the overall financial accountability is strong, and the organization appears to be committed to its mission. For stakeholders and potential donors, this score underscores Stanly County Habitat For Humanity's reliability and effective use of resources in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Stanly County Habitat For Humanity legitimate?
Stanly County Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanly County 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:
Executive Compensation: $56,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,863
For more financial information, click here
Official website here: www.stanlyhabitat.org
What is the mission statement of Stanly County Habitat For Humanity?
Stanly County Habitat for Humanity, as a housing development or management nonprofit, is committed to providing low-cost housing solutions for qualifying families. Their mission is centered around making affordable housing a reality for those in need, ensuring that everyone has a decent place to live. The organization works towards this goal by offering housing solutions that are within the financial reach of eligible families, thereby contributing to a more equitable housing landscape.
Official website here: www.stanlyhabitat.org
What is the revenue of Stanly County Habitat For Humanity?
Stanly County Habitat For Humanity's revenue in 2023 was $548,370.
Official website here: www.stanlyhabitat.org
Who are the executives of Stanly County Habitat For Humanity and what are their salaries?
The average compensation at Stanly County Habitat For Humanity during 2023 was $8,696. There are 16 employees and 191 volunteers at Stanly County Habitat For Humanity.
Here are 15 key members and their salaries:
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- Compensation: $56,269
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- Other: $2,699
Official website here: www.stanlyhabitat.org
Where can I find the form 990 for Stanly County Habitat For Humanity?
Stanly County Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stanlyhabitat.org
Learn more at the official website: www.stanlyhabitat.org
Mission Statement of Stanly County Habitat For Humanity
Stanly County Habitat for Humanity is a dedicated nonprofit organization with a mission to provide affordable housing solutions for qualifying families. This mission is centered around the provision of low-cost housing, aiming to make homeownership a reality for those who may otherwise struggle to achieve it. By taking on this role, Stanly County Habitat for Humanity contributes significantly to the well-being and stability of the families it serves, offering them a secure and comfortable living environment.
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Impact
July, 2024
Stanly County Habitat For Humanity provides low-cost housing to qualifying families in Albemarle, NC. Through their mission to offer affordable housing solutions, they significantly impact the community by addressing housing needs and improving living conditions for those in need. Their work helps families achieve stability, security, and a brighter future.
This information is meant to be a general summary of Stanly County 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.
- Program Service Revenue: $106,779
- Gross Receipts: $772,717
Assets and Liabilities:
- Total Assets: $1,874,994
- Total Liabilities: $588,331
- Net Assets: $1,286,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT AMOR
Revenue
$85,307
DISCOUNT ON NCHFA NOTE
Revenue
$21,472
Organization Details
Founding Year
1987
Principal Officer
Cemita Gibbs
Website
www.stanlyhabitat.orgNTEE Category
Code: L20 - Housing
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