Overview
What is Habitat For Humanity Pennyrile Region Inc?
Habitat for Humanity Pennyrile Region Inc, situated in Madisonville, Kentucky, is a dedicated nonprofit organization. Their primary mission is to provide affordable housing and financing opportunities for low-income families. They achieve this goal by utilizing donated supplies, materials, and volunteer labor. The organization employs a team of 11 individuals and finances the mortgages with non-interest bearing notes. By doing so, they aim to contribute to the community and help families in need of secure and affordable housing.
Official website here: www.pennyrilehabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Habitat For Humanity Pennyrile Region Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This high score indicates the organization adheres to best practices in governance and financial management, ensuring transparency and ethical operations.
The charity boasts a fully independent board with 15 members, all of whom contribute to its strength in oversight. Key financial metrics are impressive, with an 85.85% program expense ratio, demonstrating that a significant portion of funds is directed toward its mission. Additionally, their fundraising efficiency stands out at just $0.08 per dollar raised, indicating effective use of resources.
While the organization shows no signs of financial mismanagement, the rating is based solely on accountability and finance metrics. Future evaluations could benefit from a broader assessment that includes programmatic impact and community feedback to provide a fuller picture of their effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Pennyrile Region Inc legitimate?
Habitat For Humanity Pennyrile Region Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Pennyrile Region 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: $93,477
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,495
For more financial information, click here
Official website here: www.pennyrilehabitat.org
What is the mission statement of Habitat For Humanity Pennyrile Region Inc?
Habitat for Humanity Pennyrile Region Inc. is committed to providing affordable housing and financing solutions for low-income families. They achieve this by constructing homes utilizing donated materials, supplies, and volunteer labor. Qualified low-income families are the primary beneficiaries of these homes, with the mortgages being financed through non-interest bearing notes. The organization's mission aims to contribute to the betterment of these families' living conditions, offering them a more stable and secure home environment.
Official website here: www.pennyrilehabitat.org
Who is the CEO of Habitat For Humanity Pennyrile Region Inc?
Clinton Duncan is the Secretary, D of Habitat For Humanity Pennyrile Region Inc.
Official website here: www.pennyrilehabitat.org
What is the revenue of Habitat For Humanity Pennyrile Region Inc?
Habitat For Humanity Pennyrile Region Inc's revenue in 2022 was $2,259,808.
Official website here: www.pennyrilehabitat.org
Who are the executives of Habitat For Humanity Pennyrile Region Inc and what are their salaries?
The average compensation at Habitat For Humanity Pennyrile Region Inc during 2022 was $33,179. There are 11 employees and 201 volunteers at Habitat For Humanity Pennyrile Region Inc.
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Official website here: www.pennyrilehabitat.org
Where can I find the form 990 for Habitat For Humanity Pennyrile Region Inc?
Habitat For Humanity Pennyrile Region Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pennyrilehabitat.org
Learn more at the official website: www.pennyrilehabitat.org
Mission Statement of Habitat For Humanity Pennyrile Region Inc
Habitat for Humanity Pennyrile Region Inc is committed to providing affordable housing and financing opportunities for low-income families. This nonprofit organization achieves its mission by constructing homes using donated supplies, materials, and volunteer labor. Qualified low-income families are the primary beneficiaries of these homes, and Habitat for Humanity finances the mortgages through non-interest-bearing notes. By providing affordable housing, this organization aims to empower families and help them build a stable living environment.
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Impact
July, 2024
Habitat For Humanity Pennyrile Region Inc's impact is significant in providing affordable housing and financing to low-income families in Madisonville, KY. They achieve this by building homes using donated supplies, materials, and volunteer labor for qualified low-income families. Additionally, they assist in financing the mortgages with non-interest-bearing notes, making homeownership more attainable for those in need. Their mission to provide affordable housing and financing to low-income families is exemplified through their efforts in the community.
This information is meant to be a general summary of Habitat For Humanity Pennyrile Region 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: $26
- Program Service Revenue: $615,590
- Gross Receipts: $2,356,370
Assets and Liabilities:
- Total Assets: $2,650,410
- Total Liabilities: $128,789
- Net Assets: $2,521,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING
Revenue
$615,590
Organization Details
Founding Year
1990
Phone
(270) 825-1539Principal Officer
Clinton Duncan
Main Address
43 S DAVES ST, MADISONVILLE, KY, 42431
Website
www.pennyrilehabitat.orgNTEE Category
Code: L20Z - Housing
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