Overview
What is Habitat For Humanity Sarasota Inc?
Habitat for Humanity Sarasota Inc is a dedicated nonprofit organization situated in Sarasota, Florida. Their primary mission is to address the need for affordable housing by collaborating with donors to sponsor construction costs. They generate, manage, and service mortgage loans for affordable houses constructed and sold through their program, catering to households earning between 50% and 100% of the median income in Sarasota County. Their core belief is to work in harmony with God and the community to offer decent housing opportunities, empowering individuals and families to improve their living circumstances. With a team of 45 employees, they strive to create a positive impact in their community.
Official website here: www.habitatsrq.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating:**
Habitat For Humanity Sarasota Inc has received a 100% rating, earning it a prestigious Four-Star out of Four Stars designation. This score reflects a strong commitment to accountability and finance, achieving a perfect score in these areas, as well as an excellent Culture & Community score of 100%.
The organization's strengths lie in its independent governance with a fully independent board and thorough financial oversight, demonstrating a high level of transparency and management integrity. With a program expense ratio of 86.63%, it efficiently dedicates a significant portion of its funds directly to its mission, which focuses on providing affordable housing solutions.
However, it is noted that while the organization excels in collecting and utilizing feedback, it faces challenges in engaging constituents effectively for responses. The impact and measurement components have yet to be scored, leaving some aspects of its operational effectiveness unassessed. Overall, the evaluation underscores Habitat For Humanity Sarasota Inc's strong performance and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Sarasota Inc legitimate?
Habitat For Humanity Sarasota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Sarasota 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: $452,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,175,756
For more financial information, click here
Official website here: www.habitatsrq.org
What is the mission statement of Habitat For Humanity Sarasota Inc?
Habitat for Humanity Sarasota Inc's mission is to collaborate with the community and God to offer decent and affordable housing solutions for individuals in need. This enables these individuals to improve their lives and provide better opportunities for their families. They achieve this mission by sponsoring construction costs through donations, managing mortgage loans for affordable homes built and sold through the program, and serving households with incomes ranging from 50% to 100% of the median income in Sarasota County.
Official website here: www.habitatsrq.org
Who is the CEO of Habitat For Humanity Sarasota Inc?
Renee Snyder is the Chairman Of The Board of Habitat For Humanity Sarasota Inc. The CEO's salary of Habitat For Humanity Sarasota Inc is $221,418 and their total compensation is $221,418.
Official website here: www.habitatsrq.org
What is the revenue of Habitat For Humanity Sarasota Inc?
Habitat For Humanity Sarasota Inc's revenue in 2022 was $10,632,529.
Official website here: www.habitatsrq.org
Who are the executives of Habitat For Humanity Sarasota Inc and what are their salaries?
The average compensation at Habitat For Humanity Sarasota Inc during 2022 was $36,173. There are 45 employees and 500 volunteers at Habitat For Humanity Sarasota Inc.
Here are 18 key members and their salaries (Habitat For Humanity Sarasota Inc's CEO's salary is $221,418 and their total compensation is $221,418):
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- Compensation: $221,418
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- Compensation: $108,442
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Official website here: www.habitatsrq.org
Where can I find the form 990 for Habitat For Humanity Sarasota Inc?
Habitat For Humanity Sarasota Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatsrq.org
Learn more at the official website: www.habitatsrq.org
Mission Statement of Habitat For Humanity Sarasota Inc
Habitat for Humanity Sarasota Inc is committed to working in collaboration with both God and the community to offer decent and affordable housing solutions to individuals in need. Their mission is to empower these individuals, enabling them to construct better lives for their families. The organization achieves this by sponsoring the construction costs of affordable housing projects, providing mortgage loans for houses built and sold through the program, and servicing households with income levels ranging from 50% to 100% of the median income in Sarasota County. In essence, Habitat for Humanity Sarasota Inc aims to make a significant impact on the lives of those in need, offering them the opportunity to secure a stable and affordable home, thereby setting them on a path towards improved living standards.
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Impact
July, 2024
Habitat For Humanity Sarasota Inc partners with God and the community to provide decent affordable housing for people in need, allowing them to build better lives for their families. They accomplish this by building affordable housing through sponsorships of construction costs by donors and generating, holding, and servicing mortgage loans for affordable houses built and sold through the program. The organization serves households at 50%-100% of the median income for Sarasota County, Florida. Their impact is significant in addressing the housing needs of the community and improving the quality of life for individuals and families in need.
This information is meant to be a general summary of Habitat For Humanity Sarasota 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: $13,581
- Program Service Revenue: $7,373,075
- Gross Receipts: $10,632,529
Assets and Liabilities:
- Total Assets: $17,380,902
- Total Liabilities: $4,626,300
- Net Assets: $12,754,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ReStore Operations
Revenue
$2,342,305
Home sales
Revenue
$5,030,770
Organization Details
Founding Year
1985
Phone
(941) 487-5515Principal Officer
Renee Snyder
Main Address
1757 N East Avenue, Sarasota, FL, 34234
Website
www.habitatsrq.orgNTEE Category
Code: L20 - Housing
If you are a representative of Habitat For Humanity Sarasota 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.