Overview
What is Sumter Habitat For Humanity Inc?
Sumter Habitat for Humanity Inc. is a nonprofit organization located in Sumter, South Carolina. With a mission to make affordable housing a universal concern, they focus on constructing decent homes for qualified low-income families within the Sumter community. Their operations are guided by the belief that everyone deserves a safe and secure place to live. The organization employs a team of 21 individuals, working tirelessly to realize their mission. Their activities extend beyond building homes, as they strive to raise awareness and promote the importance of decent housing for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Sumter Habitat For Humanity Inc has achieved an impressive Four-Star rating with a score of 94%, indicating a strong commitment to accountability and financial health. The rating is based entirely on accountability and finance metrics, reflecting the organization’s dedication to maintaining transparency and sound financial practices.
The nonprofit showcases effective governance practices, highlighted by its fully independent board of directors, which comprises 10 members, scoring 8 out of 8 for majority independent membership. Additionally, the organization has robust policies in place, including a conflict of interest policy, whistleblower protection, and thorough documentation of board meeting minutes.
Financially, Sumter Habitat For Humanity demonstrates stability with a low liabilities to assets ratio of 15.20%, indicating sound fiscal management. Furthermore, the program expense ratio stands at an impressive 77.95%, signifying that a substantial portion of its funds is directed towards its programs rather than administrative costs. Overall, the data reflects a well-managed organization, though users should always consider ongoing reviews and updates to remain informed.
This AI summary has been generated from information found on Charity Navigator.
Is Sumter Habitat For Humanity Inc legitimate?
Sumter Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sumter 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: $65,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,142
For more financial information, click here
What is the mission statement of Sumter Habitat For Humanity Inc?
Sumter Habitat for Humanity Inc. is dedicated to addressing the housing needs of individuals in need by constructing decent and affordable homes. Their mission is to instill a sense of responsibility in society towards providing adequate shelter, making it a moral obligation for people everywhere. They strive to improve living conditions for families who may not otherwise have access to affordable housing options.
What is the revenue of Sumter Habitat For Humanity Inc?
Sumter Habitat For Humanity Inc's revenue in 2024 was $1,005,816.
Who are the executives of Sumter Habitat For Humanity Inc and what are their salaries?
The average compensation at Sumter Habitat For Humanity Inc during 2024 was $11,210. There are 15 employees and 340 volunteers at Sumter Habitat For Humanity Inc.
Here are 22 key members and their salaries:
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Where can I find the form 990 for Sumter Habitat For Humanity Inc?
Sumter Habitat For Humanity Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sumter Habitat For Humanity Inc
Sumter Habitat for Humanity Inc, a nonprofit organization, is dedicated to a noble mission. Their primary objective is to construct decent and affordable housing for individuals who are in need. Beyond this, they strive to instill a sense of responsibility towards providing adequate shelter in the hearts and minds of people worldwide. The organization's overarching goal is to ensure that everyone, regardless of their financial status, has access to a home that meets basic living standards. By doing so, Sumter Habitat for Humanity Inc aims to make the provision of decent shelter a matter of moral obligation for all.
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Impact
July, 2024
Sumter Habitat For Humanity Inc creates decent, affordable housing for those in need, making decent shelter a matter of conscience with people everywhere. Their construction of affordable homes for qualified low-income families in the Sumter community has a significant impact on improving living conditions and providing stability for families in need.
This information is meant to be a general summary of Sumter 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 2024.
- Investment Income: $12,639
- Program Service Revenue: $252,270
- Gross Receipts: $1,324,016
Assets and Liabilities:
- Total Assets: $3,100,652
- Total Liabilities: $561,217
- Net Assets: $2,539,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mortgage loan discount am
Revenue
$97,270
Sale of Homes
Revenue
$155,000
Organization Details
Founding Year
1986
Principal Officer
Latonya Blanding
NTEE Category
Code: L20Z - Housing
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