Overview
What is Habitat For Humanity Of Owensboro- Daviess County Inc?
Habitat for Humanity of Owensboro-Daviess County Inc is a nonprofit organization situated in Owensboro, Kentucky, specifically at 2930 West 4th Street. Their primary mission is to provide home ownership opportunities for low-income families. By doing so, they have successfully housed four families within their community. With a team of four dedicated individuals, the organization's efforts contribute to the betterment of local families' living situations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Habitat for Humanity of Owensboro-Daviess County Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization’s score is calculated based entirely on a single category, with a perfect 100% for its independent board composition and solid financial management practices. This level of accountability is critical for maintaining donor trust and ensuring resources are used effectively.
The nonprofit demonstrates a commitment to transparency, as evidenced by its thorough financial oversight and the presence of various essential policies, including conflict of interest and whistleblower protections. Moreover, the organization maintains a favorable liabilities to assets ratio of just 1.93%, signifying a healthy financial standing. With a program expense ratio of 72.62%, a substantial portion of funds is allocated directly to its mission-driven programs, reinforcing its effectiveness in delivering services to the community.
While the ratings indicate a well-managed organization, no significant limitations were noted in the available data. The high scores across multiple facets of accountability suggest that Habitat for Humanity of Owensboro-Daviess County Inc is a reliable choice for donors looking to support housing initiatives in the region. Overall, the nonprofit’s robust governance and financial integrity serve as a strong foundation for its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Owensboro- Daviess County Inc legitimate?
Habitat For Humanity Of Owensboro- Daviess County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Owensboro- Daviess 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: $156,153
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What is the mission statement of Habitat For Humanity Of Owensboro- Daviess County Inc?
Habitat For Humanity of Owensboro-Daviess County Inc is committed to providing home ownership opportunities for low-income families. Their mission is centered around helping these families gain access to homes they can call their own. Recently, four such families were able to move into homes they now own, marking a significant milestone in their mission. The organization's work is instrumental in providing a sense of stability and security for these families, enabling them to build a future with a solid foundation. By offering home ownership, Habitat For Humanity of Owensboro-Daviess County Inc contributes to the betterment of the community, fostering self-sufficiency and empowering families to improve their lives.
Who is the CEO of Habitat For Humanity Of Owensboro- Daviess County Inc?
Tim Belec is the President of Habitat For Humanity Of Owensboro- Daviess County Inc.
What is the revenue of Habitat For Humanity Of Owensboro- Daviess County Inc?
Habitat For Humanity Of Owensboro- Daviess County Inc's revenue in 2023 was $800,116.
Who are the executives of Habitat For Humanity Of Owensboro- Daviess County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Owensboro- Daviess County Inc during 2023 was $39,038. There are 4 employees and 550 volunteers at Habitat For Humanity Of Owensboro- Daviess County Inc.
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Where can I find the form 990 for Habitat For Humanity Of Owensboro- Daviess County Inc?
Habitat For Humanity Of Owensboro- Daviess County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Habitat For Humanity Of Owensboro- Daviess County Inc
Habitat For Humanity Of Owensboro-Daviess County Inc is committed to providing home ownership opportunities for low-income families. Their mission is centered around this objective, aiming to help families who fall into the low-income bracket to become homeowners. By doing so, this nonprofit organization is contributing to the well-being and stability of these families, providing them with a sense of security and pride in their own homes. Four families have already benefited from this initiative, now proudly living in homes that they own.
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Impact
July, 2024
Habitat For Humanity Of Owensboro-Daviess County Inc's impact is evident in the fact that it has provided home ownership opportunities for low-income families in Owensboro, KY. Through their efforts, four low-income families have been able to move into new homes that they now own. This not only addresses the immediate need for affordable housing but also empowers these families to build a more stable and secure future. Habitat For Humanity's mission to provide home ownership for low-income families is making a tangible difference in the community by helping families achieve their dream of owning a home.
This information is meant to be a general summary of Habitat For Humanity Of Owensboro- Daviess 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: $5,738
- Program Service Revenue: $162,344
- Gross Receipts: $1,504,903
Assets and Liabilities:
- Total Assets: $4,086,367
- Total Liabilities: $78,968
- Net Assets: $4,007,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT AMOR
Revenue
$160,862
RECAPTURE OF FORGIVABL
Revenue
$1,482
Organization Details
Founding Year
1988
Phone
(270) 926-6110Principal Officer
Tim Belec
Main Address
2930 WEST 4TH STREET, OWENSBORO, KY, 42301
NTEE Category
Code: L200 - Housing
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