Overview
What is Habitat For Humanity Of Okaloosa County Inc?
Habitat for Humanity of Okaloosa County Inc is a nonprofit organization, rooted in Christian values, established in Fort Walton Beach, Florida. Their primary mission is to combat substandard housing in Okaloosa County. By engaging the community, they offer opportunities to demonstrate compassion, working in partnership with individuals in need. Their primary strategy involves constructing and selling low-cost homes to low-income families. Additionally, revenue generated from their 'Restore' sales, which sells second-hand items, contributes financially to the home construction process. Their ultimate goal is to break the cycle of poverty, improve the living conditions, and enhance the overall quality of life for their partner families. With a dedicated workforce of 19 individuals, they are committed to making a tangible impact in their community.
Official website here: www.habitatfwb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Habitat For Humanity Of Okaloosa County Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating indicates the organization effectively manages its resources, ensuring high levels of transparency and responsible governance. The organization boasts a fully independent board, which enhances its credibility and decision-making processes.
The financial metrics are impressive, including a program expense ratio of 94.63%, indicating that the majority of its expenditures are directed toward its charitable programs. Additionally, the organization has demonstrated prudent management of assets, with a liabilities to assets ratio of 43.43%, suggesting a solid financial footing. The presence of robust policies, such as conflict of interest and whistleblower protections, further underscores its commitment to ethical operations.
While the organization excels in financial accountability and governance, no specific limitations or concerns were noted in the available data. Overall, Habitat For Humanity Of Okaloosa County Inc stands out for its high standards in managing funds and delivering on its mission to support affordable housing initiatives in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Okaloosa County Inc legitimate?
Habitat For Humanity Of Okaloosa County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Okaloosa County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,887
For more financial information, click here
Official website here: www.habitatfwb.org
What is the mission statement of Habitat For Humanity Of Okaloosa County Inc?
Habitat for Humanity of Okaloosa County is a non-profit, Christian organization dedicated to tackling substandard housing issues. The organization aims to demonstrate God's love by providing opportunities for the community to get involved. Through partnerships with families in need, they work towards breaking the cycle of poverty by constructing and providing decent, affordable housing, thereby improving their overall quality of life.
Official website here: www.habitatfwb.org
Who is the CEO of Habitat For Humanity Of Okaloosa County Inc?
Nitsi Bennett is the Chairman of Habitat For Humanity Of Okaloosa County Inc. The CEO's salary of Habitat For Humanity Of Okaloosa County Inc is $73,341 and their total compensation is $73,341.
Official website here: www.habitatfwb.org
What is the revenue of Habitat For Humanity Of Okaloosa County Inc?
Habitat For Humanity Of Okaloosa County Inc's revenue in 2022 was $1,344,450.
Official website here: www.habitatfwb.org
Who are the executives of Habitat For Humanity Of Okaloosa County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Okaloosa County Inc during 2022 was $16,205. There are 19 employees and 620 volunteers at Habitat For Humanity Of Okaloosa County Inc.
Here are 13 key members and their salaries (Habitat For Humanity Of Okaloosa County Inc's CEO's salary is $73,341 and their total compensation is $73,341):
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- Compensation: $73,341
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Official website here: www.habitatfwb.org
Where can I find the form 990 for Habitat For Humanity Of Okaloosa County Inc?
Habitat For Humanity Of Okaloosa County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatfwb.org
Learn more at the official website: www.habitatfwb.org
Mission Statement of Habitat For Humanity Of Okaloosa County Inc
Habitat for Humanity of Okaloosa County Inc is a non-profit Christian organization with a mission to combat substandard housing in the county. The organization's primary objective is to offer opportunities for the community to express God's love in action. Through collaborative efforts with individuals in need, Habitat for Humanity aims to dismantle the cycle of poverty by providing decent and affordable housing, thereby improving the quality of life for its partner families. By working in partnership, the organization seeks to break the barriers that hinder access to decent living conditions, ultimately contributing to a more equitable society.
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Impact
July, 2024
Habitat For Humanity Of Okaloosa County Inc's impact is profound in Fort Walton Beach, FL. By focusing on eliminating substandard housing in Okaloosa County, this organization provides opportunities for the community to demonstrate love in action. Through partnerships with those in need, Habitat For Humanity breaks the cycle of poverty by offering decent, affordable housing and enhancing the quality of life for partner families. Their activities, including home construction and sales at the Restore, help to build low-cost homes for low-income families and finance further housing projects.
This information is meant to be a general summary of Habitat For Humanity Of Okaloosa County 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: $28,805
- Program Service Revenue: $224,019
- Gross Receipts: $1,368,835
Assets and Liabilities:
- Total Assets: $1,610,329
- Total Liabilities: $602,767
- Net Assets: $1,007,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSFERS TO HOMEOWNER
Revenue
$160,000
MORTGAGE DISCOUNT AMOR
Revenue
$64,019
Organization Details
Founding Year
1991
Phone
(850) 315-0025Principal Officer
Nitsi Bennett
Main Address
802 CCS ST PELHAM RD, FORT WALTON BEACH, FL, 32547
Website
www.habitatfwb.orgNTEE Category
Code: L20 - Housing
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