Overview
What is Lexington Habitat For Humanity Inc?
Lexington Habitat for Humanity Inc., located at 700 E Louden Avenue, Lexington, Kentucky 40505, is a dedicated nonprofit organization. Their primary mission is to construct, rehabilitate, and repair affordable homes for low-income families. The revenue generated from new homeowners is channeled back into funding future affordable housing projects, thereby contributing to the growth of their community-building initiatives. Their overarching goal is to foster a sense of community through affordable home ownership and neighborhood development. By providing affordable housing, they aim to bring people together and build hope, ultimately contributing to the overall well-being of their community. The organization employs a team of 60 individuals, who are united in their commitment to this noble cause.
Official website here: www.lexhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Lexington Habitat For Humanity Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, achieving a perfect score of 100% in the Accountability & Finance category. This rating highlights the organization's strong commitment to transparency and effective financial management, which is crucial for building trust with donors and stakeholders.
The nonprofit boasts a fully independent board and has demonstrated high levels of oversight and governance. With no material diversion of assets reported, a robust conflict of interest policy, and comprehensive financial documentation available, the organization underscores its dedication to ethical practice and accountability. Furthermore, a significant program expense ratio of 79.03% indicates that the majority of resources are directed towards its mission.
While the overall feedback is overwhelmingly positive, it is important for potential donors and supporters to continue monitoring the organization’s financial health and program impact over time. Overall, Lexington Habitat For Humanity Inc stands out as a well-managed nonprofit committed to its mission of providing affordable housing solutions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lexington Habitat For Humanity Inc?
96% of 50 reviewers on Facebook recommend Lexington Habitat For Humanity Inc. Here is a summary of their reviews:
Many individuals express appreciation for the compassion and leadership shown by the nonprofit, highlighting its positive impact on the local community. One reviewer specifically noted the transformation of Roosevelt Blvd with the development of a community garden and renovations of homes, which have improved safety and curb appeal for residents. This level of engagement is seen as a sign of real change, demonstrating the organization’s commitment to enhancing living conditions in the area.
Overall, people feel thankful for the efforts made by Lexington Habitat For Humanity Inc. and value the tangible benefits brought to their neighborhoods. The strong recommendation rate suggests that the nonprofit is effectively fulfilling its mission and making a meaningful difference in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Lexington Habitat For Humanity Inc legitimate?
Lexington Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington 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: $122,293
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,522,416
For more financial information, click here
Official website here: www.lexhabitat.org
What is the mission statement of Lexington Habitat For Humanity Inc?
Lexington Habitat for Humanity Inc's mission is centered around fostering community development through affordable homeownership. They strive to bring people together, encouraging the construction, repair, and improvement of homes for low-income families. This initiative not only provides families with sustainable housing but also reinvestments the payments received from new homeowners into future affordable housing projects, thereby expanding their reach and impact. Essentially, their mission is to build communities, homes, and hope through their work in affordable homeownership, home repairs, and neighborhood development.
Official website here: www.lexhabitat.org
Who is the CEO of Lexington Habitat For Humanity Inc?
Darryl Neher is the Chair/Board Member of Lexington Habitat For Humanity Inc. The CEO's salary of Lexington Habitat For Humanity Inc is $0 and their total compensation is $0.
Official website here: www.lexhabitat.org
What is the revenue of Lexington Habitat For Humanity Inc?
Lexington Habitat For Humanity Inc's revenue in 2022 was $5,092,552.
Official website here: www.lexhabitat.org
Who are the executives of Lexington Habitat For Humanity Inc and what are their salaries?
The average compensation at Lexington Habitat For Humanity Inc during 2022 was $27,412. There are 60 employees and 1545 volunteers at Lexington Habitat For Humanity Inc.
Here are 18 key members and their salaries (Lexington Habitat For Humanity Inc's CEO's salary is $0 and their total compensation is $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
- 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: $110,683
- Related: $0
- Other: $11,610
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lexhabitat.org
Where can I find the form 990 for Lexington Habitat For Humanity Inc?
Lexington Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lexhabitat.org
Learn more at the official website: www.lexhabitat.org
Mission Statement of Lexington Habitat For Humanity Inc
Lexington Habitat for Humanity Inc is committed to building stronger communities through the promotion of affordable home ownership and neighborhood development. This nonprofit organization's mission is to bring people together, fostering a sense of unity as they construct homes, establish neighborhoods, and cultivate hope. By engaging in the construction, rehabilitation, and repair of affordable homes for low-income families, Lexington Habitat for Humanity Inc plays a vital role in addressing housing inequalities. The organization's efforts are centered around the belief that homeownership not only provides a stable living environment but also empowers families and contributes to the overall well-being of the community. Payments received from new homeowners are re-invested in future affordable housing projects, ensuring that the organization's impact continues to grow and evolve over 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
July, 2024
Lexington Habitat For Humanity Inc helps build communities by providing affordable home ownership opportunities and contributing to neighborhood development. Through their construction, rehabilitation, and repair efforts, they make it possible for low-income families to have access to decent and affordable housing. The organization's model of reinvesting payments from new homeowners into future affordable housing projects ensures a sustainable impact on the community. By bringing people together to build homes, communities, and hope through affordable home ownership, home repair, and neighborhood development, Lexington Habitat For Humanity Inc is making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Lexington 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: $247,648
- Program Service Revenue: $2,776,308
- Gross Receipts: $5,372,885
Assets and Liabilities:
- Total Assets: $9,430,724
- Total Liabilities: $1,291,687
- Net Assets: $8,139,037
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.
RESTORE STORE INCOME
Revenue
$1,610,444
TRANSFERS TO HOMEOWNER
Revenue
$698,288
MORTGAGE DISCOUNT INTE
Revenue
$450,203
OTHER PROGRAM INCOME
Revenue
$17,373
Organization Details
Founding Year
1986
Phone
(859) 252-2224Principal Officer
Darryl Neher
Main Address
700 E LOUDON AVENUE, LEXINGTON, KY, 40505
Website
www.lexhabitat.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Lexington 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.