Overview
What is Kentucky Habitat For Humanity Inc?
Kentucky Habitat for Humanity Inc. is a dedicated nonprofit organization situated in Louisville, Kentucky, with a specific focus on affordable housing. Their primary role involves resource development, advocacy, and educational assistance for their 51 affiliated organizations scattered across the state. The organization's mission is to establish partnerships, gather financial resources, and provide educational programs to help construct decent, affordable, and sustainable homes and communities for low-income families. Additionally, they are committed to disaster preparedness and response, which makes them a valuable resource within their community. With a modest workforce of one individual, Kentucky Habitat for Humanity continues to make significant strides in promoting affordable housing in Kentucky.
Official website here: www.kyhfh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Kentucky Habitat For Humanity Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored an impressive 96% in this category, demonstrating a commitment to transparency and responsible management of its resources. This high rating indicates that donors can trust the organization to effectively utilize their contributions.
The nonprofit boasts a fully independent board of directors, which enhances its governance structure. All board members are independent, and the organization has put in place robust financial practices, including a thorough audit of financial statements. Additionally, Kentucky Habitat For Humanity has a remarkable program expense ratio of 98.41%, signifying that nearly all its expenditures are directed towards its mission-driven programs rather than administrative costs.
No significant limitations or concerns were highlighted in the data provided, indicating that Kentucky Habitat For Humanity is well-managed and maintains high standards in operational practices. Overall, the organization exemplifies a strong model for nonprofit effectiveness, making it a reliable choice for potential donors looking to support impactful community housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Habitat For Humanity Inc legitimate?
Kentucky Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky 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: $66,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kyhfh.org
What is the mission statement of Kentucky Habitat For Humanity Inc?
Kentucky Habitat for Humanity's mission is to foster partnerships, secure financial resources, and develop educational programs on a statewide level, all with the aim of supporting the mission of constructing decent, affordable, and sustainable homes and communities for families in need. The organization strives to empower low-income families by providing them with these living spaces. Their focus extends beyond home building, also involving advocacy for affordable housing, disaster preparedness and response, and offering educational assistance to their 51 affiliates scattered across Kentucky.
Official website here: www.kyhfh.org
Who is the CEO of Kentucky Habitat For Humanity Inc?
Mary Shearer is the Board Member of Kentucky Habitat For Humanity Inc.
Official website here: www.kyhfh.org
What is the revenue of Kentucky Habitat For Humanity Inc?
Kentucky Habitat For Humanity Inc's revenue in 2022 was $1,157,853.
Official website here: www.kyhfh.org
Who are the executives of Kentucky Habitat For Humanity Inc and what are their salaries?
The average compensation at Kentucky Habitat For Humanity Inc during 2022 was $66,882. There is 1 employee at Kentucky Habitat For Humanity Inc.
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- Compensation: $66,882
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Official website here: www.kyhfh.org
Where can I find the form 990 for Kentucky Habitat For Humanity Inc?
Kentucky Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kyhfh.org
Learn more at the official website: www.kyhfh.org
Mission Statement of Kentucky Habitat For Humanity Inc
Kentucky Habitat for Humanity, as an organization, is dedicated to a noble mission. It strives to work on a statewide level, establishing collaborations, amassing financial resources, and developing educational programs to support its primary objective: constructing affordable, decent, and sustainable homes and communities for low-income families. The organization's purpose is multifaceted, encompassing not only the physical construction of homes but also the cultivation of partnerships, the mobilization of financial resources, and the provision of educational programs. These efforts are directed towards its 51 affiliates spread across Kentucky, thereby contributing to the betterment of several communities within the state. The organization's mission is a testament to its commitment to addressing the critical need for affordable housing, an issue that impacts numerous families across the nation.
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Impact
July, 2024
Kentucky Habitat For Humanity Inc's impact is focused on creating partnerships, securing financial resources, and providing educational programs to support the mission of building decent, affordable, and sustainable homes and communities for low-income families in Kentucky. Their efforts extend statewide, working with 51 affiliates throughout the state. They are engaged in resource development, advocacy for affordable housing, disaster preparedness, response, and providing educational and technical assistance. Through these initiatives, Kentucky Habitat For Humanity Inc is addressing the critical need for housing solutions for low-income families in the state.
This information is meant to be a general summary of Kentucky 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: $20,969
- Program Service Revenue: $30,000
- Gross Receipts: $1,166,495
Assets and Liabilities:
- Total Assets: $1,128,195
- Total Liabilities: $176,122
- Net Assets: $952,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Fees -
Revenue
$30,000
Organization Details
Founding Year
1993
Phone
(502) 608-7041Principal Officer
Mary Shearer
Main Address
330 N HUBBARDS LANE, LOUISVILLE, KY, 40207
Website
www.kyhfh.orgNTEE Category
Code: L20 - Housing
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