Overview
What is Habitat For Humanity Of Metro Louisville Inc?
Habitat for Humanity of Metro Louisville Inc is a nonprofit organization that empowers families in need of affordable housing. Located in Louisville, Kentucky, they provide housing solutions through homeownership, community development, and home repair programs. The organization relies on volunteer and homebuyer labor, efficient building methods, and affordable materials to make homes affordable for low-income families. By offering this opportunity, Habitat for Humanity of Metro Louisville helps families create stability, promote self-reliance, and foster growth. In 2022, they served over 90 families through their long-term homeownership program, adhering to a strict non-proselytizing policy. Their mission is to put God's love into action, building homes, communities, and hope, while ensuring everyone has a decent place to live.
Official website here: www.louisvillehabitat.org
What are the reviews and ratings of this charity?
**Rating from Charity Navigator:** 4-Star out of Four Stars (100%)
Habitat For Humanity Of Metro Louisville Inc has achieved an exceptional score of 100%, earning a Four-Star rating primarily based on its impressive accountability and finance practices. The organization clearly demonstrates strong governance with a largely independent board and effective oversight, reflected in its perfect scores across multiple criteria including financial statements and conflict of interest policies.
The nonprofit's overall financial health is robust, showing high program expense ratios and impressive fundraising efficiency, meaning that a significant portion of its funds directly support its mission. Its low liabilities-to-assets ratio and substantial working capital further indicate the organization's solid financial standing, ensuring its ability to sustain efforts over the long term.
Unfortunately, there are no user reviews available from GreatNonprofits at this time, limiting the insights from individual beneficiaries or volunteers. Overall, the data suggests a well-managed organization that effectively channels resources toward impactful housing solutions in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Metro Louisville Inc legitimate?
Habitat For Humanity Of Metro Louisville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Metro Louisville 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: $130,987
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,571,143
For more financial information, click here
Official website here: www.louisvillehabitat.org
What is the mission statement of Habitat For Humanity Of Metro Louisville Inc?
Habitat for Humanity of Metro Louisville Inc. is an organization dedicated to providing housing solutions through homeownership, community development, and home repair. They accomplish this by utilizing volunteer and homebuyer sweat equity. The primary mission of this organization is to put God's love into action, bringing people together to construct homes, foster communities, and instill hope. This vision encompasses a goal of creating a world where everyone has access to a decent living space. It is essential to note that Habitat for Humanity of Metro Louisville Inc. strictly adheres to a non-proselytizing policy, meaning they do not offer assistance based on the condition that individuals must adhere to or convert to a specific faith.
Official website here: www.louisvillehabitat.org
Who is the CEO of Habitat For Humanity Of Metro Louisville Inc?
Robert D Locke is the Ceo of Habitat For Humanity Of Metro Louisville Inc. The CEO's salary of Habitat For Humanity Of Metro Louisville Inc is $130,987 and their total compensation is $141,434.
Official website here: www.louisvillehabitat.org
What is the revenue of Habitat For Humanity Of Metro Louisville Inc?
Habitat For Humanity Of Metro Louisville Inc's revenue in 2022 was $8,767,687.
Official website here: www.louisvillehabitat.org
Who are the executives of Habitat For Humanity Of Metro Louisville Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Metro Louisville Inc during 2022 was $20,263. There are 84 employees and 7100 volunteers at Habitat For Humanity Of Metro Louisville Inc.
Here are 23 key members and their salaries (Habitat For Humanity Of Metro Louisville Inc's CEO's salary is $130,987 and their total compensation is $141,434):
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Official website here: www.louisvillehabitat.org
Where can I find the form 990 for Habitat For Humanity Of Metro Louisville Inc?
Habitat For Humanity Of Metro Louisville Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.louisvillehabitat.org
Learn more at the official website: www.louisvillehabitat.org
Mission Statement of Habitat For Humanity Of Metro Louisville Inc
Habitat for Humanity of Metro Louisville Inc is dedicated to making a tangible impact in the lives of individuals and communities by addressing the pressing issue of housing. Their mission is multifaceted, encompassing the provision of housing solutions through homeownership, community development, and home repair programs. This is accomplished with the help of volunteer labor and the sweat equity invested by qualified applicants.
At the core of their mission is the desire to put God's love into action. They strive to bring people together, fostering a sense of unity as they construct homes and build communities. Habitat for Humanity of Metro Louisville Inc operates under a strict non-proselytizing policy, ensuring that their assistance is not contingent upon any individual's religious beliefs or practices. Their ultimate vision is a world where every person has access to a decent place to live, and they work tirelessly to make this a reality.
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Impact
July, 2024
Habitat For Humanity Of Metro Louisville Inc's impact is profound in providing housing solutions of homeownership, community development, and home repair to qualified applicants. Through their homeownership program, families in need of a decent place to live are empowered to build safe and affordable homes in partnership with the organization. Habitat houses are modestly sized, ensuring they are large enough for the homeowner's family's needs while keeping construction and maintenance costs affordable. By utilizing volunteer and prospective homeowner labor, efficient building methods, donated construction materials and appliances, and issuing nonprofit loans, Habitat makes its houses accessible for low-income families to purchase.
Affordable homeownership not only helps create stable living conditions that free families from instability, stress, and fear but also fosters self-reliance and confidence. Studies show that strong and stable households are foundational to child development and growth. When a home provides a safe and healthy environment, families can thrive. Owning an affordable home enables homeowners to save for the future, invest in educational opportunities, and enhance job prospects and career growth.
During fiscal year 2022, Habitat of Metro Louisville served more than 90 families through its long-term homeownership program. By putting God's love into action, Habitat for Humanity of Metro Louisville brings people together to build homes, communities, and hope, striving towards a world where everyone has a decent place to live. Additionally, the organization strictly adheres to a non-proselytizing policy, ensuring assistance is provided without any conditions related to faith or religious beliefs. Habitat's commitment to housing truly makes a positive impact in the lives of those they serve.
This information is meant to be a general summary of Habitat For Humanity Of Metro Louisville 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: $63,024
- Program Service Revenue: $3,095,827
- Gross Receipts: $10,488,932
Assets and Liabilities:
- Total Assets: $20,487,151
- Total Liabilities: $2,482,218
- Net Assets: $18,004,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$1,969,298
MORTGAGE DISCOUNTS
Revenue
$1,110,326
ADMINISTRATIVE FEE INCOME
Revenue
$16,203
Organization Details
Founding Year
1986
Phone
(502) 637-6265Principal Officer
Robert D Locke
Main Address
1620 BANK STREET, LOUISVILLE, KY, 40203
Website
www.louisvillehabitat.orgNTEE Category
Code: L20Z - Housing
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