Overview
What is Habitat For Humanity Of Montgomery County Tn Inc?
Habitat for Humanity of Montgomery County TN Inc is a nonprofit organization located in Clarksville, Tennessee. Their primary mission is to assist families who struggle to purchase homes through conventional means by constructing homes for sale at no interest. The organization operates under the belief that every person deserves a safe and decent home, which is in alignment with their partnership with God and people from various backgrounds. Through their work, they contribute to the development of communities, ensuring that there are decent housing options for individuals to live and grow in. With a dedicated team of 12 employees, Habitat for Humanity of Montgomery County TN Inc is committed to making a positive impact in the lives of those in need.
Official website here: www.habitatmctn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Habitat For Humanity Of Montgomery County Tn Inc has received a rating of 73%, indicating a need for improvement in various operational aspects. The organization has a strong culture and community engagement score of 86, reflecting its commitment to fostering relationships and inclusivity. However, the accountability and finance score of 70 suggests that there are areas within financial management that could be enhanced to better support its mission.
The organization's program expense ratio is 61.17%, which indicates that a significant portion of its expenses goes directly towards its programs, although there is room for improvement in maximizing these funds. The liabilities to assets ratio stands at 5.12%, showcasing financial stability with minimal debt. Moreover, the board is fully independent, which enhances governance and decision-making processes.
On a positive note, the organization has implemented robust policies regarding conflict of interest, whistleblower protections, and document retention, scoring full marks in these areas. It also excels in feedback collection and utilization, showcasing its dedication to continuous improvement and responsiveness to community needs. However, the overall two-star rating points to potential challenges that the organization must address to enhance its effectiveness and trustworthiness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity Of Montgomery County Tn Inc legitimate?
Habitat For Humanity Of Montgomery County Tn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Montgomery County Tn 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: $117,004
For more financial information, click here
Official website here: www.habitatmctn.org
What is the mission statement of Habitat For Humanity Of Montgomery County Tn Inc?
Habitat for Humanity of Montgomery County TN Inc works in collaboration with various individuals from diverse backgrounds, partnering with God, to develop communities for those in need. Their mission is to construct safe and decent homes in decent communities, enabling people to live and thrive in accordance with God's intentions. Through this work, the organization strives to provide home purchase programs, offering homes to families who might otherwise be unable to secure homes through conventional means, selling these homes to families at no interest.
Official website here: www.habitatmctn.org
Who is the CEO of Habitat For Humanity Of Montgomery County Tn Inc?
Sonda Finley is the President of Habitat For Humanity Of Montgomery County Tn Inc.
Official website here: www.habitatmctn.org
What is the revenue of Habitat For Humanity Of Montgomery County Tn Inc?
Habitat For Humanity Of Montgomery County Tn Inc's revenue in 2022 was $823,545.
Official website here: www.habitatmctn.org
Who are the executives of Habitat For Humanity Of Montgomery County Tn Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Montgomery County Tn Inc during 2022 was $9,750. There are 12 employees and 900 volunteers at Habitat For Humanity Of Montgomery County Tn Inc.
Here are 5 key members and their salaries:
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Official website here: www.habitatmctn.org
Where can I find the form 990 for Habitat For Humanity Of Montgomery County Tn Inc?
Habitat For Humanity Of Montgomery County Tn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatmctn.org
Learn more at the official website: www.habitatmctn.org
Mission Statement of Habitat For Humanity Of Montgomery County Tn Inc
Habitat for Humanity of Montgomery County TN Inc operates with a mission to collaborate with God and individuals from diverse backgrounds to develop communities that cater to those in need. This nonprofit organization focuses on constructing homes that are both secure and decent, ensuring that families have access to living spaces in suitable communities where they can flourish and achieve their full potential, as per God's intentions.
Throughout its operations, Habitat for Humanity of Montgomery County TN Inc works in partnership with individuals from various walks of life to create communities that provide a supportive environment for those in need. By constructing homes, this nonprofit organization aims to bridge the gap for families who may not have been able to purchase homes through conventional means. These homes are sold to families at no interest, providing them with a chance to own a home and establish a stable living environment for themselves and their loved ones.
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Impact
July, 2024
Habitat For Humanity Of Montgomery County Tn Inc's impact lies in its mission to work in partnership with God and people from all walks of life to develop communities with those in need by building safe and decent houses. Through their home purchase programs, Habitat for Humanity provides families who would have been unable to purchase homes through conventional means the opportunity to own a home at no interest. This initiative not only addresses the need for affordable housing but also strengthens communities by providing a stable and secure environment for families to live and grow. By offering a pathway to homeownership, Habitat for Humanity of Montgomery County Tn Inc is making a tangible difference in the lives of individuals and families in Clarksville, TN.
This information is meant to be a general summary of Habitat For Humanity Of Montgomery County Tn 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: $61,480
- Gross Receipts: $1,168,093
Assets and Liabilities:
- Total Assets: $2,919,823
- Total Liabilities: $16,218
- Net Assets: $2,903,605
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Organization Details
Phone
(931) 645-4222Principal Officer
Sonda Finley
Main Address
PO BOX 331, CLARKSVILLE, TN, 370410331
Website
www.habitatmctn.orgNTEE Category
Code: L20Z - Housing
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