Overview
What is Habitat For Humanity Mercer Co Inc?
Habitat for Humanity Mercer Co Inc, situated in Harrodsburg, Kentucky, is a dedicated nonprofit organization. Their primary mission is to offer affordable home ownership opportunities for low-income residents. Through their initiatives, they aim to empower individuals and families by providing them with the means to secure a stable living environment. This organization's work is instrumental in bridging the gap between housing needs and financial capabilities, thereby contributing positively to local communities in Kentucky.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%
Habitat For Humanity Mercer Co Inc has received a 47% score from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the charity's financial health and performance. While the organization excels in areas such as having a fully independent board and strong policies on conflict of interest and document management, it faces challenges in its overall financial efficiency and accountability.
The organization has a solid governance structure with 100% independent board members and no material diversion of assets, which reflects positively on its operational integrity. However, the absence of a whistleblower policy has been noted as a significant deficiency. Additionally, while the board meeting minutes are properly documented, the charity's financial ratios, particularly the liabilities to assets and program expense ratios, raise red flags regarding its fiscal sustainability and capacity to allocate funds effectively towards its mission.
In summary, while Habitat For Humanity Mercer Co Inc demonstrates strong governance practices, its financial performance metrics are concerning. Potential donors and supporters might consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Mercer Co Inc legitimate?
Habitat For Humanity Mercer Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Mercer Co 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:
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What is the mission statement of Habitat For Humanity Mercer Co Inc?
Habitat for Humanity Mercer Co Inc's mission is centered around providing affordable home ownership opportunities for low-income residents. By undertaking this mission, the organization aims to contribute to the well-being and stability of these individuals and families, allowing them to establish a secure living environment. The organization's activities are geared towards addressing the housing needs of this demographic, thereby promoting social equality and community development.
Who is the CEO of Habitat For Humanity Mercer Co Inc?
Dan Chilton is the President of Habitat For Humanity Mercer Co Inc.
What is the revenue of Habitat For Humanity Mercer Co Inc?
Habitat For Humanity Mercer Co Inc's revenue in 2022 was $30,525.
Who are the executives of Habitat For Humanity Mercer Co Inc and what are their salaries?
There 40 volunteers at Habitat For Humanity Mercer Co Inc.
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Where can I find the form 990 for Habitat For Humanity Mercer Co Inc?
Habitat For Humanity Mercer Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Habitat For Humanity Mercer Co Inc
Habitat for Humanity Mercer Co Inc, a nonprofit organization, is dedicated to providing affordable home ownership opportunities for low-income residents. Their primary mission is to empower individuals and families by offering them the chance to own a home that they can call their own. By doing so, they contribute to the well-being and stability of their communities, enabling families to build a better future for themselves. By offering this opportunity, Habitat for Humanity Mercer Co Inc plays a significant role in addressing housing inequalities and fostering self-sufficiency among the less fortunate.
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Impact
August, 2024
Habitat For Humanity Mercer Co Inc provides low-income residents in Harrodsburg, Kentucky, with affordable homeownership opportunities. Through their mission, they aim to create stability and improve living conditions for individuals and families in need. By offering affordable housing options, Habitat For Humanity Mercer Co Inc positively impacts the community by addressing the issue of housing insecurity and helping individuals achieve the dream of owning their own home.
This information is meant to be a general summary of Habitat For Humanity Mercer Co 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: $7
- Gross Receipts: $30,525
Assets and Liabilities:
- Total Assets: $1,094,186
- Total Liabilities: $6,820
- Net Assets: $1,087,366
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Organization Details
Founding Year
1990
Principal Officer
Dan Chilton
Main Address
PO BOX 66, HARRODSBURG, KY, 40330
NTEE Category
Code: L20 - Housing
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