Overview
What is Habitat For Humanity Of The Lexington North Carolina Area Inc?
Habitat for Humanity of Lexington North Carolina Area is a nonprofit organization dedicated to providing affordable housing solutions for those in need. Their mission is to make decent shelter a priority, inspiring individuals to contribute towards this cause on a global scale. The organization offers various programs, including mortgage discounts and a 'Restore' program, which repurposes donated materials to construct or renovate homes. By doing so, they contribute to creating sustainable living spaces, promoting a sense of community and empowerment for the less fortunate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Habitat for Humanity of the Lexington North Carolina Area Inc has received a 75% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization boasts a perfect score in several areas, including having a majority of independent board members and a strong conflict of interest policy. Additionally, its low liabilities to assets ratio highlights sound financial management.
However, the charity's program expense ratio is somewhat concerning, with a score of only 6 out of 25. This suggests that a relatively low percentage of its total expenses are directed toward its programs, which could raise questions about its effectiveness in fulfilling its mission.
Overall, while Habitat for Humanity of the Lexington North Carolina Area demonstrates strong governance and accountability practices, there is room for improvement in how funds are allocated towards its charitable activities.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of The Lexington North Carolina Area Inc legitimate?
Habitat For Humanity Of The Lexington North Carolina Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of The Lexington North Carolina Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,507
For more financial information, click here
What is the mission statement of Habitat For Humanity Of The Lexington North Carolina Area Inc?
Habitat For Humanity, a non-profit organization, is committed to creating decent and affordable housing for individuals in need. Their mission extends beyond this, encouraging people worldwide to regard providing adequate shelter as a moral obligation. The organization provides financial assistance through discounted mortgages and operates a 'Restore' program, which contributes to their cause.
Who is the CEO of Habitat For Humanity Of The Lexington North Carolina Area Inc?
Wendy Norris is the Director of Habitat For Humanity Of The Lexington North Carolina Area Inc.
What is the revenue of Habitat For Humanity Of The Lexington North Carolina Area Inc?
Habitat For Humanity Of The Lexington North Carolina Area Inc's revenue in 2022 was $522,854.
Who are the executives of Habitat For Humanity Of The Lexington North Carolina Area Inc and what are their salaries?
The average compensation at Habitat For Humanity Of The Lexington North Carolina Area Inc during 2022 was $15,347. There are 13 employees at Habitat For Humanity Of The Lexington North Carolina Area Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,614
- Related: $0
- Other: $0
Where can I find the form 990 for Habitat For Humanity Of The Lexington North Carolina Area Inc?
Habitat For Humanity Of The Lexington North Carolina Area Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Habitat For Humanity Of The Lexington North Carolina Area Inc
Habitat for Humanity of the Lexington North Carolina Area Inc is dedicated to a noble mission. They strive to create decent and affordable housing for individuals in need, aiming to make this essential right a priority for people worldwide. By encapsulating this concept, the organization encourages others to view affordable housing as a moral obligation. To accomplish this goal, they operate various programs, such as providing discounted mortgage options and operating a Restore program. Through these initiatives, Habitat for Humanity of the Lexington North Carolina Area Inc works tirelessly to improve living conditions for those who require it most.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Habitat For Humanity Of The Lexington North Carolina Area Inc's impact is significant in creating decent and affordable housing for those in need. By offering programs that provide discounts on mortgages and operating a "Restore" program, the organization is actively working towards its mission of making decent shelter a matter of conscience with people everywhere. Through these efforts, Habitat for Humanity of the Lexington North Carolina Area is positively impacting the lives of individuals and families by providing them with safe and affordable housing options.
This information is meant to be a general summary of Habitat For Humanity Of The Lexington North Carolina Area 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: -$14,533
- Program Service Revenue: $416,124
- Gross Receipts: $530,409
Assets and Liabilities:
- Total Assets: $1,620,602
- Total Liabilities: $637,142
- Net Assets: $983,460
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE
Revenue
$225,363
TRANSFERS TO HOMEOWNER
Revenue
$150,000
MORTGAGE LOAN DISCOUNT
Revenue
$40,761
Organization Details
Founding Year
1988
Phone
(336) 249-6266Principal Officer
Wendy Norris
Main Address
PO BOX 543, LEXINGTON, NC, 272930543
NTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Of The Lexington North Carolina Area 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.