Overview
What is Upper Cumberland Habitat For Humanity?
Upper Cumberland Habitat for Humanity is a nonprofit organization situated in Cookeville, Tennessee, dedicated to addressing housing needs within the community. Their primary mission involves constructing homes for families with limited income. As a comprehensive housing development, construction, and management organization, they strive to provide desirable living spaces for individuals who may otherwise struggle with affordable housing options. The organization works tirelessly to contribute positively to the local community by improving the quality of life for families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Upper Cumberland Habitat For Humanity has achieved a solid score of 84%, reflecting strong accountability and financial management practices. The rating is based entirely on its Accountability & Finance metrics, which were evaluated for the most recent fiscal year, FY2023. The organization has a fully independent board, which contributes positively to its governance, and it has demonstrated effective oversight in financial matters.
The nonprofit scored exceptionally well in areas such as financial statements and the absence of material diversion of assets, indicating a high level of integrity in its financial practices. Additionally, program expenses make up a significant portion of its budget at 76.89%, suggesting that the majority of funds are directed towards its mission of providing housing assistance. However, the organization is noted to be missing certain policies, like a conflict of interest policy and a whistleblower policy, which can be seen as areas for improvement in governance practices.
Overall, Upper Cumberland Habitat For Humanity shows a commendable commitment to accountability and financial health, though enhancing its policy framework could further strengthen its operations and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Upper Cumberland Habitat For Humanity legitimate?
Upper Cumberland Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper Cumberland 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $387,344
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What is the mission statement of Upper Cumberland Habitat For Humanity?
Upper Cumberland Habitat for Humanity is dedicated to constructing homes for families with low income. Serving as a housing development, construction, and management organization, their mission is to provide affordable housing solutions. They strive to enhance living conditions and promote self-reliance among the beneficiary families, thereby contributing to the betterment of their communities. The organization operates with a focus on empowering individuals and families to build a stable and secure future.
Who is the CEO of Upper Cumberland Habitat For Humanity?
Michael Allen is the Treasurer of Upper Cumberland Habitat For Humanity.
What is the revenue of Upper Cumberland Habitat For Humanity?
Upper Cumberland Habitat For Humanity's revenue in 2022 was $1,323,561.
Who are the executives of Upper Cumberland Habitat For Humanity and what are their salaries?
The average compensation at Upper Cumberland Habitat For Humanity during 2022 was $25,823. There are 15 employees at Upper Cumberland Habitat For Humanity.
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Where can I find the form 990 for Upper Cumberland Habitat For Humanity?
Upper Cumberland Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Upper Cumberland Habitat For Humanity
Upper Cumberland Habitat for Humanity is dedicated to constructing homes for families with limited income. This nonprofit organization, based on its mission statement, focuses on housing development, construction, and management. Its primary goal is to provide a secure living space for families who may not otherwise be able to afford it, contributing to their overall well-being and stability. The organization's work plays a vital role in addressing the housing needs of low-income families, thereby promoting community development and social equity.
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Impact
July, 2024
Upper Cumberland Habitat For Humanity's impact is significant in providing housing solutions for low-income families in Putnam County. Their mission to construct homes for those in need directly addresses the critical issue of affordable housing in the area. By building homes and offering affordable ownership opportunities, they are improving the quality of life for individuals and families who may otherwise struggle to find safe and stable housing. This initiative not only addresses the immediate need for shelter but also contributes to the overall well-being and stability of the community. Their dedication to housing development, construction, and management is making a tangible difference in addressing the housing challenges faced by low-income families in Cookeville, TN and the surrounding areas.
This information is meant to be a general summary of Upper Cumberland 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: $312
- Program Service Revenue: $757,249
- Gross Receipts: $1,323,561
Assets and Liabilities:
- Total Assets: $2,949,980
- Total Liabilities: $1,043,077
- Net Assets: $1,906,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE
Revenue
$394,939
SALE OF HOMES
Revenue
$277,304
IMPUTED INTEREST INCOME
Revenue
$85,006
Organization Details
Phone
(931) 528-1711Principal Officer
Michael Allen
Main Address
728 E 15TH STREET, COOKEVILLE, TN, 38501
NTEE Category
Code: L20 - Housing
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