Overview
What is Habitat For Humanity Of Lake City Columbia County Inc?
Habitat for Humanity of Lake City Columbia County Inc is a nonprofit organization located in Lake City, Florida. Its primary mission is to assist economically disadvantaged individuals and families by collaborating with donors and volunteers to construct affordable homes. The organization adheres to guidelines set by International Habitat for Humanity, requiring families to contribute 'sweat equity' through labor on projects. Families must meet minimum credit standards to qualify for a no-interest mortgage on a home. The organization utilizes mortgage repayments and donations to fund the construction of additional homes for eligible families. Additionally, Habitat for Humanity of Lake City Columbia County Inc strives to implement the gospel of Jesus Christ in Columbia County by improving living and working conditions for those in need.
Official website here: www.hfhlakecity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Habitat For Humanity Of Lake City Columbia County Inc has achieved an outstanding Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization has received a perfect score of 100% in its Accountability & Finance metrics, highlighting its commitment to transparency and responsible management of resources. This strong rating is based on a comprehensive assessment of various governance and financial practices.
The nonprofit showcases several key strengths, including a fully independent board with 17 members, all of whom are independent. Additionally, Habitat For Humanity has established robust policies, such as a conflict of interest policy and a whistleblower policy, both of which are crucial for maintaining ethical standards. The organization also demonstrates sound financial practices, with a low liabilities to assets ratio and a significant portion of its expenses directed towards programs.
There are no notable limitations documented in the data, reflecting the organization's effective governance and operational practices. Overall, Habitat For Humanity Of Lake City Columbia County Inc stands out as a financially sound and accountable nonprofit, committed to its mission and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Lake City Columbia County Inc legitimate?
Habitat For Humanity Of Lake City Columbia County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Lake City Columbia 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: $0
For more financial information, click here
Official website here: www.hfhlakecity.org
What is the mission statement of Habitat For Humanity Of Lake City Columbia County Inc?
Habitat For Humanity of Lake City Columbia County Inc's mission is centered around witnessing and implementing the teachings of Jesus Christ. The organization aims to achieve this by collaborating with economically disadvantaged individuals in a specific location. Their primary goal is to assist these individuals in creating better living environments for themselves by constructing houses. They accomplish this through the coordination of donors and volunteers, who contribute their time and resources to build homes under the guidelines of Habitat for Humanity International. Families who receive these homes are required to provide 'sweat equity' by contributing labor to the project, with the number of hours varying depending on specific circumstances. The family must also meet certain credit standards to qualify for a no-interest mortgage on the property. The mortgage payments and other donations are then used to construct homes for other eligible families. Homes that have been repossessed due to delinquent accounts are renovated for resale or rental until a qualified partner family or buyer is found.
Official website here: www.hfhlakecity.org
Who is the CEO of Habitat For Humanity Of Lake City Columbia County Inc?
Patricia Stuart is the Secretary of Habitat For Humanity Of Lake City Columbia County Inc.
Official website here: www.hfhlakecity.org
What is the revenue of Habitat For Humanity Of Lake City Columbia County Inc?
Habitat For Humanity Of Lake City Columbia County Inc's revenue in 2023 was $71,189.
Official website here: www.hfhlakecity.org
Who are the executives of Habitat For Humanity Of Lake City Columbia County Inc and what are their salaries?
There 25 volunteers at Habitat For Humanity Of Lake City Columbia County Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hfhlakecity.org
Where can I find the form 990 for Habitat For Humanity Of Lake City Columbia County Inc?
Habitat For Humanity Of Lake City Columbia County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hfhlakecity.org
Learn more at the official website: www.hfhlakecity.org
Mission Statement of Habitat For Humanity Of Lake City Columbia County Inc
Habitat for Humanity of Lake City Columbia County Inc is a nonprofit organization with a mission to make a profound impact in people's lives by witnessing and implementing the gospel of Jesus Christ. This mission is carried out by working alongside economically disadvantaged individuals in Columbia County, Florida, to help them create a better living environment for themselves. The organization achieves this goal by coordinating donors and volunteers to construct homes for low-income families, following the guidelines set by International Habitat for Humanity.
Families interested in receiving assistance from Habitat for Humanity of Lake City Columbia County Inc are required to contribute 'sweat equity' by participating in the construction process. The number of hours required can vary, but typically, families must contribute at least 350 hours. The organization ensures that families meet minimum credit standards to qualify for a no-interest mortgage on their new home. Once a family moves into their home, the mortgage payments and other donations are utilized to build homes for other eligible families. In addition, homes that have been repossessed due to delinquent accounts are renovated for resale or rented until a qualified partner family or buyer is found.
In summary, Habitat for Humanity of Lake City Columbia County Inc is dedicated to transforming the lives of economically disadvantaged individuals by helping them construct and own decent, affordable homes. By working together with donors, volunteers, and families, the organization is able to create lasting change in their community, one home at a time.
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
August, 2024
Habitat For Humanity Of Lake City Columbia County Inc's impact can be seen in the tangible improvements it brings to the lives of economically disadvantaged families in the Lake City/Columbia County area. By coordinating donors and volunteers to build homes for low-income families, the organization provides a pathway to affordable housing and stability. Families are required to contribute 'sweat equity' by working on projects, fostering a sense of ownership and community. Additionally, the organization's model of using mortgage repayments and donations to fund future housing projects ensures a sustainable cycle of support for those in need. Through these efforts, Habitat For Humanity Of Lake City Columbia County Inc is actively working to create a better human habitat for individuals and families, making a lasting impact in the community.
This information is meant to be a general summary of Habitat For Humanity Of Lake City Columbia 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 2023.
- Investment Income: $41,177
- Program Service Revenue: $862
- Gross Receipts: $168,011
Assets and Liabilities:
- Total Assets: $1,185,371
- Total Liabilities: $7,804
- Net Assets: $1,177,567
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.
RENTAL - 903 NW EARLY ST
Revenue
$660
LATE FEES
Revenue
$202
Organization Details
Founding Year
1987
Phone
(386) 755-0014Principal Officer
Patricia Stuart
Main Address
P O BOX 487, LAKE CITY, FL, 32056
Website
www.hfhlakecity.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Habitat For Humanity Of Lake City Columbia County 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.