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Lakeway Area Habitat For Humanity

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621504578 ✦ Morristown, TN ✦ Designated as a 501(c)(3)

Overview

What is Lakeway Area Habitat For Humanity?

Lakeway Area Habitat for Humanity is a nonprofit organization situated in Morristown, Tennessee. Its primary mission is to provide affordable housing solutions for low-income families by partnering with local families, churches, civic organizations, businesses, and other community groups. This partnership allows Lakeway Area Habitat for Humanity to offer eligible families an affordable mortgage with zero percent interest. Additionally, the organization provides critical home repairs for the elderly and disabled, securing necessary grants and donations from the community to support these services. The organization's workforce consists of nine dedicated individuals.


Official website here: www.lakewayareahabitat.org

Is Lakeway Area Habitat For Humanity legitimate?

Lakeway Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeway Area 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,286

For more financial information, click here


Official website here: www.lakewayareahabitat.org

What is the mission statement of Lakeway Area Habitat For Humanity?

Lakeway Area Habitat for Humanity is committed to providing affordable housing solutions for low-income families and conducting critical home repairs for the elderly and disabled. The organization achieves this mission by partnering with various community organizations, such as churches, civic groups, businesses, and individuals, to build homes for eligible families at an affordable mortgage payment with zero percent interest. Additionally, they secure grants and donations to fund home repairs for the elderly and disabled in need. By fulfilling these objectives, Lakeway Area Habitat for Humanity aims to contribute to the well-being and stability of its community members.


Official website here: www.lakewayareahabitat.org

Who is the CEO of Lakeway Area Habitat For Humanity?

Alan Anderson is the Chairman of Lakeway Area Habitat For Humanity.


Official website here: www.lakewayareahabitat.org

What is the revenue of Lakeway Area Habitat For Humanity?

Lakeway Area Habitat For Humanity's revenue in 2023 was $1,019,149.


Official website here: www.lakewayareahabitat.org

Who are the executives of Lakeway Area Habitat For Humanity and what are their salaries?

The average compensation at Lakeway Area Habitat For Humanity during 2023 was $18,143. There are 9 employees and 163 volunteers at Lakeway Area Habitat For Humanity.

Here are 8 key members and their salaries:

    Brandon Helton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Johns (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracie Renner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rutherford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Anderson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guillermo Estrada (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelsey Parks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Westra (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lakewayareahabitat.org

    Where can I find the form 990 for Lakeway Area Habitat For Humanity?

    The Lakeway Area Habitat For Humanity’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.lakewayareahabitat.org

    Learn more at the official website: www.lakewayareahabitat.org

    Mission Statement of Lakeway Area Habitat For Humanity

    Lakeway Area Habitat for Humanity is committed to an essential mission. This mission involves providing affordable housing solutions to low-income households and offering critical home repairs to the elderly and disabled. By partnering with various organizations within the community, such as churches, civic groups, businesses, and other community entities, the organization helps families secure affordable mortgages with zero percent interest.

    In addition to constructing new homes, Lakeway Area Habitat for Humanity extends its services to undertake home repairs for the elderly and disabled individuals. To fund these repair projects, the organization applies for grants and collects donations from the community. By dedicating themselves to this mission, Lakeway Area Habitat for Humanity contributes significantly to improving the living conditions of many families and individuals in need.

    Impact

    This information is meant to be a general summary of Lakeway Area Habitat For Humanity. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lakeway Area Habitat For Humanity provides affordable housing to low-income households and critical home repairs to the elderly and disabled in Morristown, TN. The organization partners with partner families, churches, civic organizations, businesses, and other community organizations to provide housing for low-income families with an affordable mortgage payment at zero percent interest. Additionally, they offer home repair services to the elderly and disabled by applying for grants and donations received from the community. The impact of Lakeway Area Habitat For Humanity is seen through the tangible support and assistance provided to those in need, helping to create stable and secure housing situations for vulnerable populations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $673
  • Program Service Revenue: $285,143
  • Gross Receipts: $1,019,149

    • Assets and Liabilities:
  • Total Assets: $1,544,060
  • Total Liabilities: $475,570
  • Net Assets: $1,068,490
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRANSFERS TO HOMEOWNERS

    Revenue

    $177,494

    AMORTIZATION OF LOAN DISCOUNT

    Revenue

    $80,227

    SILENT 2ND MORTGAGE RECOVERY

    Revenue

    $27,422

    Organization Details

    Principal Officer

    Alan Anderson

    Main Address

    PO BOX 2133, MORRISTOWN, TN, 37816

    NTEE Category

    Code: L202 - Housing

    If you are a representative of Lakeway Area Habitat For Humanity and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.