Overview
What is Habitat For Humanity Of Lake-Sumter Florida Inc?
Habitat for Humanity of Lake-Sumter Florida Inc is a dedicated nonprofit organization, located in Lady Lake, Florida. Their primary mission is to eradicate poverty housing in Lake and Sumter Counties. They achieve this by mobilizing volunteers from various sources, including churches, businesses, and the general public. During the recent fiscal year, they managed to engage 838 volunteers and sold seven homes to eligible low-income individuals in the same counties. The organization operates two Habitat Thrift Stores, generating funds to support their initiatives. In essence, Habitat for Humanity of Lake-Sumter Florida Inc collaborates with individuals from diverse backgrounds to construct and renovate homes, creating decent living environments where people can flourish according to their divine potential. The organization currently employs 44 individuals.
Official website here: www.habitatls.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Habitat For Humanity Of Lake-Sumter Florida Inc holds an 85% rating, indicating a solid performance in accountability and finance. The organization boasts a fully independent board and has maintained no material diversion of assets, which is a positive indicator of financial integrity and governance.
The nonprofit demonstrates effective use of resources, with a program expense ratio of nearly 83%, meaning a significant portion of its expenses directly supports its mission. Additionally, a fundraising efficiency ratio of $0.11 suggests that the organization effectively manages its fundraising efforts, ensuring that donations are maximally utilized for its programs.
While the rating reflects strong financial health and governance practices, there may be room for improvement in outreach and awareness, as areas related to community engagement and visibility were not highlighted in the data. Overall, the organization appears to be a reliable choice for potential donors looking to support housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Lake-Sumter Florida Inc legitimate?
Habitat For Humanity Of Lake-Sumter Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Lake-Sumter Florida 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: $181,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $914,135
For more financial information, click here
Official website here: www.habitatls.org
What is the mission statement of Habitat For Humanity Of Lake-Sumter Florida Inc?
Habitat for Humanity of Lake-Sumter Florida Inc. collaborates with individuals from various backgrounds and faiths to develop communities that cater to those in need. Their primary focus is on constructing and renovating homes, aiming to create decent living spaces where people can grow and fulfill their potential as intended by God. The organization's long-term objective is to eliminate poverty housing in their local area. During the current fiscal year, they mobilized over 800 volunteers from churches, businesses, and the general public to contribute to their cause. Additionally, they managed two Habitat Thrift Stores and sold seven homes to eligible low-income individuals.
Official website here: www.habitatls.org
Who is the CEO of Habitat For Humanity Of Lake-Sumter Florida Inc?
Brad Weber is the Treasurer of Habitat For Humanity Of Lake-Sumter Florida Inc. The CEO's salary of Habitat For Humanity Of Lake-Sumter Florida Inc is $76,410 and their total compensation is $76,410.
Official website here: www.habitatls.org
What is the revenue of Habitat For Humanity Of Lake-Sumter Florida Inc?
Habitat For Humanity Of Lake-Sumter Florida Inc's revenue in 2022 was $4,319,708.
Official website here: www.habitatls.org
Who are the executives of Habitat For Humanity Of Lake-Sumter Florida Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Lake-Sumter Florida Inc during 2022 was $24,889. There are 44 employees and 838 volunteers at Habitat For Humanity Of Lake-Sumter Florida Inc.
Here are 18 key members and their salaries (Habitat For Humanity Of Lake-Sumter Florida Inc's CEO's salary is $76,410 and their total compensation is $76,410):
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Official website here: www.habitatls.org
Where can I find the form 990 for Habitat For Humanity Of Lake-Sumter Florida Inc?
Habitat For Humanity Of Lake-Sumter Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatls.org
Learn more at the official website: www.habitatls.org
Mission Statement of Habitat For Humanity Of Lake-Sumter Florida Inc
Habitat for Humanity of Lake-Sumter Florida Inc is committed to working in partnership with individuals and communities in need, drawing inspiration from their faith. Their mission is to develop decent living environments for people who are struggling with poverty housing. By constructing and renovating homes, they aim to build communities where people can thrive and grow into their full potential, as intended by God. This nonprofit organization believes in the power of collaboration, working with individuals from various walks of life to achieve this goal. During the current fiscal year, they mobilized over 800 volunteers from churches, businesses, and the general public to contribute to this mission. Additionally, they operated two Habitat Thrift Stores and sold seven homes to eligible low-income individuals in Lake and Sumter Counties, Florida.
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Impact
July, 2024
Habitat For Humanity Of Lake-Sumter Florida Inc partners with God and people from all walks of life to develop communities by building and renovating houses for those in need. Their long term goal is to eliminate poverty housing in Lake and Sumter counties, Florida. During the fiscal year, they mobilized 838 volunteers from various groups, operated two Habitat thrift stores, and sold seven homes to qualifying low-income individuals in the area. Through their efforts, they are creating decent communities where people can live and grow into all that was intended for them. Their impact is significant in providing affordable housing solutions and fostering community development in Lake and Sumter counties, Florida.
This information is meant to be a general summary of Habitat For Humanity Of Lake-Sumter Florida 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: -$218,228
- Program Service Revenue: $1,565,090
- Gross Receipts: $5,988,143
Assets and Liabilities:
- Total Assets: $7,408,054
- Total Liabilities: $498,623
- Net Assets: $6,909,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HABITAT HOME SALES
Revenue
$1,173,478
MTG DISCOUNT AMORTIZATI
Revenue
$295,629
GLOBAL VILLAGE INCOME
Revenue
$76,013
MISCELLANEOUS INCOME
Revenue
$19,970
Organization Details
Founding Year
1989
Principal Officer
Brad Weber
Main Address
906 AVENIDA CENTRAL, LADY LAKE, FL, 32159
Website
www.habitatls.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Of Lake-Sumter Florida 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.