Overview
What is Habitat For Humanity For Georgetown County Sc Inc?
Habitat For Humanity For Georgetown County Sc Inc is a nonprofit, Christian-based organization situated in Georgetown, South Carolina. Their primary mission is to provide decent and affordable housing solutions for low-income families in need. Established as an affiliate in 1991, they have constructed over 110 homes, aiming to build at least three annually. Habitat Georgetown homes are designed to be modest in size, ensuring affordable construction and maintenance costs. Families contribute sweat equity, investing 300 hours into building their own homes or assisting other families. Additionally, they offer a Cottage Program for seniors, requiring 100 sweat equity hours for energy-efficient, one-bedroom homes. Through the help of volunteers, efficient building methods, and donated materials, Habitat Georgetown makes housing affordable for low-income families. This initiative fosters a stable and safe living environment, promoting self-reliance, confidence, and improved family dynamics, ultimately leading to better child development and growth.
Official website here: www.habitatgeorgetown.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Habitat For Humanity For Georgetown County Sc Inc has achieved a strong rating of 92%, reflecting its commitment to accountability and financial health. The organization earned a perfect score in both the Accountability & Finance and Culture & Community categories, showcasing its effective governance and dedication to community engagement. The board is fully independent, and the organization has robust financial oversight, ensuring no material diversion of assets.
The charity's financial metrics indicate efficient use of resources, with a program expense ratio of 83.34%, meaning a significant portion of funds is directed towards its mission. Additionally, the organization maintains a low liabilities-to-assets ratio at 29.54%, indicating financial stability. However, the fundraising efficiency ratio shows room for improvement, as it currently stands at $0.14, suggesting that fundraising efforts could be more cost-effective.
Overall, the nonprofit demonstrates strong governance practices, including comprehensive policies on conflicts of interest and whistleblowing, which enhance transparency. While its fundraising efficiency could be improved, the organization’s overall financial health and community commitment are commendable.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity For Georgetown County Sc Inc?
86% of 26 reviewers on Facebook recommend Habitat for Humanity for Georgetown County SC Inc. Here is a summary of their reviews:
While the majority of reviews express positive sentiments towards the nonprofit, there are some concerns raised by a small number of users. Many supporters appreciate the organization’s mission and its commitment to providing affordable housing solutions within the community. They highlight the positive impact Habitat for Humanity has on families in need, often noting the organization’s dedication and hard work.
However, one review indicates a dissatisfaction regarding perceived financial motivations, which suggests that not all experiences with the nonprofit are viewed positively. Despite this isolated critique, the general sentiment remains favorable, with most participants feeling that Habitat for Humanity is effectively fulfilling its mission to help those in need.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity For Georgetown County Sc Inc legitimate?
Habitat For Humanity For Georgetown County Sc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity For Georgetown County Sc 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: $87,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $431,593
For more financial information, click here
Official website here: www.habitatgeorgetown.com/
What is the mission statement of Habitat For Humanity For Georgetown County Sc Inc?
Habitat for Humanity in Georgetown County aims to embody God's love by fostering partnerships among individuals to construct affordable homes and thriving communities, thereby instilling hope. The organization, primarily focused on low-income families, provides an opportunity for these families to build their own homes or assist in the construction of others, contributing a stipulated number of hours of "sweat equity." Habitat Georgetown has constructed over 110 homes since its inception in 1991, with a goal of building at least three homes annually. The houses built by the organization are modest in size, ensuring affordable construction and maintenance costs. The organization caters to various family sizes, offering 2-5 bedroom homes through its Traditional Homeownership program and 1-bedroom energy-efficient homes for seniors in the Cottage Program, requiring fewer sweat equity hours. By offering affordable homeownership, Habitat Georgetown helps families escape instability, reduce stress, and encourage self-reliance and confidence. This, in turn, fosters health, safety, and growth within families, enabling them to save for their futures and invest in educational and career opportunities.
Official website here: www.habitatgeorgetown.com/
Who is the CEO of Habitat For Humanity For Georgetown County Sc Inc?
Laura Gassler is the Executive Director of Habitat For Humanity For Georgetown County Sc Inc.
Official website here: www.habitatgeorgetown.com/
What is the revenue of Habitat For Humanity For Georgetown County Sc Inc?
Habitat For Humanity For Georgetown County Sc Inc's revenue in 2022 was $1,653,105.
Official website here: www.habitatgeorgetown.com/
Who are the executives of Habitat For Humanity For Georgetown County Sc Inc and what are their salaries?
The average compensation at Habitat For Humanity For Georgetown County Sc Inc during 2022 was $47,175. There are 11 employees and 197 volunteers at Habitat For Humanity For Georgetown County Sc Inc.
Here are 13 key members and their salaries:
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Official website here: www.habitatgeorgetown.com/
Where can I find the form 990 for Habitat For Humanity For Georgetown County Sc Inc?
Habitat For Humanity For Georgetown County Sc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatgeorgetown.com/
Learn more at the official website: www.habitatgeorgetown.com/
Mission Statement of Habitat For Humanity For Georgetown County Sc Inc
Habitat for Humanity for Georgetown County SC Inc is a nonprofit organization that embodies the spirit of putting God's love into action. Their mission is to bring people together, fostering a sense of community, to construct decent and affordable homes for families in need. This Christian-based organization, which has been active since 1991, aims to build at least three homes annually for low-income families who meet the criteria for their home ownership programs.
Habitat for Humanity for Georgetown County SC Inc operates under a Home Ownership Program, where families contribute 300 hours of sweat equity in return for building a safe and affordable home for themselves. The organization constructs modest-sized homes, ranging from 2 to 5 bedrooms, ensuring affordability by utilizing donated materials, implementing efficient building methods, and offering no-interest loans. The Cottage Program, specifically designed for seniors, requires 100 hours of sweat equity and focuses on constructing energy-efficient, one-bedroom homes.
By providing affordable homeownership opportunities, Habitat for Humanity for Georgetown County SC Inc is instrumental in breaking the cycle of instability, stress, and fear for low-income families. This stable living environment encourages self-reliance and confidence, ultimately fostering opportunities for future savings, educational advancements, and job growth within the families. Studies show that children who grow up in safe and healthy homes exhibit better development and growth, which further reinforces the crucial role of Habitat for Humanity for Georgetown County SC Inc in their communities.
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Impact
July, 2024
Habitat For Humanity For Georgetown County Sc Inc's impact is significant in providing affordable homeownership opportunities for low-income working families in the Georgetown community. By building safe and affordable homes in partnership with families in need, Habitat Georgetown has constructed more than 110 homes since becoming an affiliate in 1991. Their commitment to building at least 3 homes per year demonstrates their dedication to addressing the housing needs of the community.
Through their various homeownership programs, including Traditional Homeownership and the Cottage Program for seniors, Habitat Georgetown empowers families to contribute sweat equity towards the construction of their homes. By utilizing efficient building methods, modest house sizes, donated materials, and issuing no-interest loans, Habitat Georgetown ensures that their houses remain affordable for low-income families to purchase.
Affordable homeownership not only provides stability and security for families but also creates opportunities for financial growth, educational advancement, and career development. By fostering strong and stable households, Habitat Georgetown plays a vital role in promoting child development, family well-being, and self-reliance within the community.
In the fiscal year 2021, Habitat Georgetown served over 60 people through their long-term homeownership program, making a tangible difference in the lives of numerous individuals and families in Georgetown County, SC.
This information is meant to be a general summary of Habitat For Humanity For Georgetown County Sc 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: -$6,064
- Program Service Revenue: $445,887
- Gross Receipts: $1,970,094
Assets and Liabilities:
- Total Assets: $3,749,057
- Total Liabilities: $1,209,663
- Net Assets: $2,539,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of homes
Revenue
$348,623
Interest home mortgages
Revenue
$97,264
Organization Details
Founding Year
1991
Principal Officer
Laura Gassler
Main Address
PO Box 2411, Georgetown, SC, 29442
Website
www.habitatgeorgetown.com/NTEE Category
Code: L20Z - Housing
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