Overview
What is Highlands County Habitat For Humanity Inc?
Highlands County Habitat for Humanity Inc. is a nonprofit organization located at 159 S Commerce Ave, Sebring, FL 33870. Their primary mission is to construct homes for low-income families in need of safe and affordable housing. The organization primarily relies on volunteer labor and donated materials to build these homes. In return, the recipients are required to contribute a certain number of hours to qualify for home ownership. Upon qualification, the recipients acquire title to the house, and Habitat issues a mortgage based on the construction cost. The nonprofit operates a resale store, where donated merchandise is sold at low prices to benefit the community and raise funds for housing projects. With a staff of 21 individuals, Highlands County Habitat for Humanity Inc. contributes to the community by providing affordable housing solutions and promoting self-sufficiency.
Official website here: www.habitathighlands.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Highlands County Habitat For Humanity Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 96% in its Accountability & Finance category, indicating robust financial practices and governance. With an independent board composed entirely of members who are not affiliated with the organization, the charity demonstrates a high level of oversight and integrity in its operations.
The charity's financial health is notable, with a program expense ratio of 84.17%, signifying that a substantial portion of its budget is allocated directly to its mission-driven activities. Furthermore, it has maintained a low liabilities-to-assets ratio of 3.62%, illustrating sound financial management. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further reinforces its commitment to ethical practices.
However, while the charity excels in financial accountability, the summary does not provide insights into the impact of its programs or its community engagement efforts. Future evaluations could benefit from additional information on outcomes and beneficiary feedback to provide a more rounded view of the organization's effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Highlands County Habitat For Humanity Inc legitimate?
Highlands County Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands County 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: $42,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,520
For more financial information, click here
Official website here: www.habitathighlands.org
What is the mission statement of Highlands County Habitat For Humanity Inc?
Highlands County Habitat for Humanity Inc. is dedicated to constructing homes for low-income families in need of affordable and safe housing. The organization primarily achieves this goal through the use of volunteer labor and donated materials. The recipients of these homes are required to contribute a certain number of hours to qualify for ownership. Upon qualification, the recipient takes title to the home and issues Habitat a mortgage based on the cost of building the house. The majority of the program service expenses primarily involve the transfer of materials cost to the homeowners. In essence, Highlands County Habitat for Humanity Inc. aims to provide a pathway to homeownership for those in need, fostering self-sufficiency and community development.
Official website here: www.habitathighlands.org
Who is the CEO of Highlands County Habitat For Humanity Inc?
Rev Ronald Degenaro Jr is the Director of Highlands County Habitat For Humanity Inc.
Official website here: www.habitathighlands.org
What is the revenue of Highlands County Habitat For Humanity Inc?
Highlands County Habitat For Humanity Inc's revenue in 2022 was $1,587,105.
Official website here: www.habitathighlands.org
Who are the executives of Highlands County Habitat For Humanity Inc and what are their salaries?
The average compensation at Highlands County Habitat For Humanity Inc during 2022 was $16,545. There are 21 employees and 171 volunteers at Highlands County Habitat For Humanity Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.habitathighlands.org
Where can I find the form 990 for Highlands County Habitat For Humanity Inc?
Highlands County Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitathighlands.org
Learn more at the official website: www.habitathighlands.org
Mission Statement of Highlands County Habitat For Humanity Inc
Highlands County Habitat for Humanity Inc is dedicated to a compelling mission. This nonprofit organization primarily focuses on building homes for low-income families in need of safe and affordable housing. They achieve this by utilizing predominantly volunteer labor and some donated materials. The recipients of these homes are required to contribute a certain number of hours to qualify for owning the property. Once they meet this requirement, the recipients receive title to the house and issue Habitat a mortgage based on the cost of constructing the home. The majority of the program service expenses are transferred as the cost of the home's materials to the homeowners. In essence, Highlands County Habitat for Humanity Inc is committed to providing low-income families with the opportunity to own their homes, fostering a sense of security and stability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Highlands County Habitat For Humanity Inc's impact can be seen in the tangible difference it makes in the lives of low-income families in need of safe and affordable housing. By building homes with predominantly volunteer labor and donated materials, the organization provides a pathway to homeownership for those who may not have had the opportunity otherwise. Through their program that requires recipients to work a certain number of hours, they empower individuals to take ownership of their homes and build a brighter future for themselves and their families. The organization's resale store also plays a crucial role in benefiting the community by selling donated merchandise at low prices and raising funds for the construction of homes for the disadvantaged. In essence, Highlands County Habitat For Humanity Inc's work resonates far beyond the creation of physical structures; it creates stability, dignity, and hope for those in need.
This information is meant to be a general summary of Highlands County 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: $416
- Program Service Revenue: $237,380
- Gross Receipts: $1,597,492
Assets and Liabilities:
- Total Assets: $5,823,058
- Total Liabilities: $224,848
- Net Assets: $5,598,210
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFER TO HOMEOWNERS
Revenue
$145,000
IMPUTED INTEREST
Revenue
$92,105
HOA DUES
Revenue
$275
Organization Details
Founding Year
1990
Phone
(863) 385-7156Principal Officer
Rev Ronald Degenaro Jr
Main Address
159 S COMMERCE AVE, SEBRING, FL, 33870
Website
www.habitathighlands.orgNTEE Category
Code: L20 - Housing
If you are a representative of Highlands County Habitat For Humanity 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.