Overview
What is Southeast Volusia Habitat For Humanity Inc?
Southeast Volusia Habitat for Humanity Inc., situated in Edgewater, Florida, is a nonprofit organization dedicated to providing affordable residential ownership opportunities for qualified low-income families. Currently, 149 families have secured homes constructed by this agency and enjoy 0% interest mortgage notes held by the organization. With a workforce of 25 individuals, their mission is to assist these families in achieving this goal, contributing to the community by ensuring stable living situations.
Official website here: www.habitatsev.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Southeast Volusia Habitat For Humanity Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 96% overall, with its rating primarily derived from a high accountability and finance score. This rating indicates that it effectively manages its resources and maintains an independent board, essential factors for donor confidence.
The organization has notable strengths in governance, with 100% of its board members being independent, as well as a well-structured financial oversight that includes a comprehensive audit committee. Their financial practices are robust, demonstrated by a low liabilities-to-assets ratio and an impressive program expense ratio of 91.52%, which suggests that the majority of funds are directed toward its mission-driven programs rather than administrative costs.
While the data highlight many positive aspects of the organization, it is important for potential donors and stakeholders to continuously seek updated information on its operational impact and community engagement. However, the current ratings and feedback underscore Southeast Volusia Habitat For Humanity Inc's strong position as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Southeast Volusia Habitat For Humanity Inc?
76% of reviewers on Facebook recommend Southeast Volusia Habitat For Humanity Inc. Here is a summary of their reviews:
Many individuals express a positive experience working with the nonprofit, especially highlighting the commitment and enthusiasm demonstrated by team members like Ray and Bird. Participants appreciate the opportunity to engage in meaningful activities, indicating that the organization fosters a sense of community and pride in its mission to build homes for those in need.
Overall, the sentiment leans towards satisfaction, with users feeling positively about both the work environment and the impact of their contributions. The genuine dedication of the staff and the welcoming atmosphere contribute to a rewarding experience for volunteers and supporters alike.
This AI summary has been generated from reviews found on Facebook.
Is Southeast Volusia Habitat For Humanity Inc legitimate?
Southeast Volusia Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Volusia 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: $60,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $652,562
For more financial information, click here
Official website here: www.habitatsev.org
What is the mission statement of Southeast Volusia Habitat For Humanity Inc?
Southeast Volusia Habitat for Humanity Inc. is committed to assisting qualified low-income families in achieving affordable residential ownership. Their mission is centered around providing residential properties to these families. Currently, 149 families have taken ownership of homes constructed by this organization, and 116 of these mortgage notes are held by the agency at 0% interest. The agency's work aims to make homeownership more accessible for families in need.
Official website here: www.habitatsev.org
Who is the CEO of Southeast Volusia Habitat For Humanity Inc?
Mark Billings is the Executive Di of Southeast Volusia Habitat For Humanity Inc.
Official website here: www.habitatsev.org
What is the revenue of Southeast Volusia Habitat For Humanity Inc?
Southeast Volusia Habitat For Humanity Inc's revenue in 2022 was $3,273,238.
Official website here: www.habitatsev.org
Who are the executives of Southeast Volusia Habitat For Humanity Inc and what are their salaries?
The average compensation at Southeast Volusia Habitat For Humanity Inc during 2022 was $28,532. There are 25 employees and 110 volunteers at Southeast Volusia Habitat For Humanity Inc.
Here are 14 key members and their salaries:
- Compensation: $60,729
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- Other: $1,985
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Official website here: www.habitatsev.org
Where can I find the form 990 for Southeast Volusia Habitat For Humanity Inc?
Southeast Volusia Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatsev.org
Learn more at the official website: www.habitatsev.org
Mission Statement of Southeast Volusia Habitat For Humanity Inc
Southeast Volusia Habitat for Humanity Inc is a dedicated organization that aims to assist qualified low-income families in achieving affordable residential ownership. Its mission is centered around providing residential properties to these families, enabling them to become homeowners. Currently, 149 families have successfully acquired homes constructed by this agency, and Southeast Volusia Habitat for Humanity Inc holds 116 mortgage notes, all payable at zero interest, for these families. This nonprofit organization is committed to making homeownership an achievable dream for low-income families, contributing to their long-term stability and well-being.
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Impact
July, 2024
Southeast Volusia Habitat For Humanity Inc's impact is significant in providing residential ownership opportunities for qualified low-income families. Currently, 149 families own and reside in homes constructed by this agency. Additionally, the agency holds 116 mortgage notes payable at 0% interest for these families, enabling them to achieve homeownership in a financially sustainable manner. The organization's mission aligns with its commitment to assisting low-income families in attaining affordable residential ownership, making a tangible difference in the community of Edgewater, FL.
This information is meant to be a general summary of Southeast Volusia 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 2022.
- Investment Income: $102,373
- Program Service Revenue: $1,773,641
- Gross Receipts: $3,365,968
Assets and Liabilities:
- Total Assets: $8,172,004
- Total Liabilities: $269,176
- Net Assets: $7,902,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$1,379,221
MORTGAGE DISCOUNT AMORT
Revenue
$331,277
LOT SALES
Revenue
$49,650
MISCELLANEOUS
Revenue
$13,493
Organization Details
Founding Year
1989
Phone
(386) 878-4591Principal Officer
Mark Billings
Main Address
PO BOX 1268, EDGEWATER, FL, 32132
Website
www.habitatsev.orgNTEE Category
Code: L20Z - Housing
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