Overview
What is Chipola Area Habitat For Humanity Inc?
Chipola Area Habitat for Humanity Inc, located in Marianna, Florida, is a nonprofit organization that is dedicated to addressing the housing needs of low-income families. The organization's primary mission involves constructing houses and offering interest-free financing, thereby making affordable housing an attainable goal for these families. With a team of 12 dedicated individuals, Chipola Area Habitat for Humanity Inc strives to contribute positively to its community, providing a sense of security and stability through the provision of decent housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Chipola Area Habitat for Humanity Inc has received a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. With a high score of 94 in Accountability & Finance and a perfect score of 100 in Leadership & Adaptability, this organization demonstrates a solid commitment to transparency and ethical practices. The independent board structure, with 100% of its members being independent, further enhances its governance.
The organization excels in managing its resources effectively, as indicated by a program expense ratio of 87.07%, meaning a significant portion of its funds directly supports its mission of providing housing solutions. Additionally, it has a favorable liabilities to assets ratio of 17.53%, showcasing its financial stability. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, adds to its credibility.
Overall, Chipola Area Habitat for Humanity Inc is positioned as a well-managed nonprofit that prioritizes effective leadership and adaptability while maintaining high standards of accountability. No significant limitations were noted in the data, indicating a well-rounded organizational performance.
This AI summary has been generated from information found on Charity Navigator.
Is Chipola Area Habitat For Humanity Inc legitimate?
Chipola Area Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chipola Area 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: $134,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,734
For more financial information, click here
What is the mission statement of Chipola Area Habitat For Humanity Inc?
Chipola Area Habitat for Humanity Inc. is committed to a mission that involves constructing homes and offering interest-free financing to families with low income. This initiative enables these families to secure affordable housing. The organization's work is geared towards providing a decent living space to individuals who may otherwise struggle with housing affordability. By building houses and providing financial assistance, Chipola Area Habitat for Humanity Inc. aims to contribute positively to the well-being and stability of the communities it serves. The organization's actions reflect a strong commitment to social justice and equal housing opportunities.
What is the revenue of Chipola Area Habitat For Humanity Inc?
Chipola Area Habitat For Humanity Inc's revenue in 2023 was $1,933,166.
Who are the executives of Chipola Area Habitat For Humanity Inc and what are their salaries?
The average compensation at Chipola Area Habitat For Humanity Inc during 2023 was $32,470. There are 15 employees at Chipola Area Habitat For Humanity Inc.
Here are 18 key members and their salaries:
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Where can I find the form 990 for Chipola Area Habitat For Humanity Inc?
Chipola Area Habitat For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chipola Area Habitat For Humanity Inc
Chipola Area Habitat for Humanity Inc is dedicated to a noble cause: constructing homes and offering interest-free financing to families with modest incomes. This mission aims to ensure that these families can secure affordable housing, thereby enhancing their overall quality of life. Through its building projects, the organization provides a solid foundation for families who might otherwise struggle with housing affordability. By offering interest-free financing, Chipola Area Habitat for Humanity Inc alleviates the financial burden that often comes with homeownership, making the dream of a secure home within reach for many families.
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Impact
July, 2024
Chipola Area Habitat For Humanity Inc's impact is centered around building houses and providing interest-free financing for low-income families in Marianna, FL. By constructing homes and offering accessible financing options, the organization aims to ensure that individuals and families in need have the opportunity to attain affordable housing. Their mission of building houses and providing interest-free financing directly contributes to addressing the housing needs of low-income individuals and families in the community.
This information is meant to be a general summary of Chipola Area 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 2023.
- Investment Income: $16
- Program Service Revenue: $567,000
- Gross Receipts: $1,933,166
Assets and Liabilities:
- Total Assets: $4,865,080
- Total Liabilities: $946,580
- Net Assets: $3,918,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOUSES
Revenue
$567,000
Organization Details
Founding Year
1988
Principal Officer
Carmen Smith
NTEE Category
Code: L20Z - Housing
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