Overview
What is Boyle County Habitat For Humanity?
Boyle County Habitat for Humanity is a nonprofit organization situated in Danville, Kentucky. Their primary mission is to promote and facilitate the construction of affordable housing for individuals in need within the county. During 2022, they successfully constructed one such home. At any given time, the organization supports between 25 to 30 homeowners who are making mortgage payments to the organization, all of which are zero-interest loans. This nonprofit is dedicated to improving housing conditions for the underprivileged residents of Boyle County, Kentucky.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Boyle County Habitat For Humanity has received a "Needs Improvement" rating from Charity Navigator, reflecting a score of 73%. This rating indicates that while the organization demonstrates some strong practices, there are areas that could benefit from enhancement to boost overall effectiveness and transparency.
The organization showcases several strengths, particularly in governance and financial management. It boasts a fully independent board comprised of 13 members, ensuring impartial decision-making. Additionally, it has maintained a strong program expense ratio of 86.73%, indicating that a significant majority of its funds are utilized directly for its mission-related activities, which is a positive sign for donors concerned about operational efficiency.
However, despite these positive aspects, the overall two-star rating suggests that Boyle County Habitat For Humanity may still face challenges that need to be addressed. While the financial ratios indicate a healthy state, the organization may need to improve in other accountability metrics to enhance trust and effectiveness in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Boyle County Habitat For Humanity legitimate?
Boyle County Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boyle County Habitat For Humanity 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.
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What is the mission statement of Boyle County Habitat For Humanity?
Boyle County Habitat for Humanity is committed to promoting the availability of clean and affordable housing for individuals in need. Their mission, as stated, is to provide such housing solutions, working tirelessly to meet this essential need. The organization constructs homes and provides zero-interest mortgages to eligible homeowners. At any given time, approximately 25-30 homeowners are making mortgage payments to Boyle County Habitat for Humanity, contributing to the organization's ongoing mission. They strive to make a significant impact on the living conditions of those in need, ensuring that they can secure a stable and affordable housing solution.
Who is the CEO of Boyle County Habitat For Humanity?
Craig A Butler is the Director of Boyle County Habitat For Humanity.
What is the revenue of Boyle County Habitat For Humanity?
Boyle County Habitat For Humanity's revenue in 2022 was $30,024.
Who are the executives of Boyle County Habitat For Humanity and what are their salaries?
There 25 volunteers at Boyle County Habitat For Humanity.
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Where can I find the form 990 for Boyle County Habitat For Humanity?
Boyle County Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boyle County Habitat For Humanity
Boyle County Habitat for Humanity is a dedicated organization with a mission to promote and provide clean, affordable housing for needy individuals in its community. Its primary objective is to make housing available for those in financial need, contributing to a more equitable living situation. At any given time, the organization supports between 25 and 30 homeowners who are making mortgage payments to Boyle County Habitat for Humanity. These mortgages are unique in that they carry zero interest, making them more accessible and manageable for the homeowners. Through its efforts, Boyle County Habitat for Humanity is playing a significant role in addressing housing inequality and improving the living conditions of its community's most vulnerable members.
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Impact
August, 2024
Boyle County Habitat For Humanity has directly impacted the community of Boyle County, Kentucky by constructing much-needed homes for individuals and families in need. In 2022 alone, the organization completed the construction of one new home, providing a safe and affordable living space for those in need. Currently, between 25-30 homeowners in Boyle County are making mortgage payments to the organization, all of which are zero-interest loans. Through their mission to promote clean, affordable housing, Boyle County Habitat For Humanity is making a tangible difference in the lives of individuals and families, helping them achieve stability and a sense of security in their homes.
This information is meant to be a general summary of Boyle County Habitat For Humanity. 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: $15,767
- Gross Receipts: $49,463
Assets and Liabilities:
- Total Assets: $1,065,932
- Total Liabilities: $2,000
- Net Assets: $1,063,932
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Organization Details
Founding Year
1990
Phone
(859) 236-9153Principal Officer
Craig A Butler
Main Address
PO BOX 225, DANVILLE, KY, 40423
NTEE Category
Code: L20Z - Housing
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