Habitat For Humanity Of Morgan

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

EIN: 631030915 ✦ Decatur, AL ✦ Designated as a 501(c)(3)

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Overview

What is Habitat For Humanity Of Morgan?

Habitat for Humanity of Morgan is a nonprofit organization situated in Decatur, Alabama. With a dedicated workforce of 31 individuals, their primary mission is to provide affordable housing solutions to families in need. Throughout the year, they sell homes to eligible families in exchange for non-interest bearing mortgages. This approach enables families to own a home while maintaining a manageable financial commitment. The organization's activities are centered around this mission, aiming to make homeownership more accessible for those who may not have had the opportunity otherwise. The organization's headquarters is located at PO Box 1651, Decatur, AL 35602.


Official website here: www.morganhabitat.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Habitat For Humanity Of Morgan has received a score of 77%, indicating a solid level of accountability and financial health. This rating is derived solely from their Accountability & Finance score, which reflects the organization’s transparency and responsible management of donations. The nonprofit boasts a perfect score in several areas, including the majority of independent board members and adherence to conflict of interest policies, showcasing strong governance practices.

The organization demonstrates a commendable commitment to program expenses, with 83.76% of its budget dedicated to its mission-related activities. Its low liabilities to assets ratio of 4.69% further emphasizes financial stability, suggesting that it is well-positioned to fulfill its objectives without significant debt burdens. Effective document management and retention policies also contribute positively to its accountability rating.

However, there is a noted area of concern regarding the lack of a whistleblower policy, which received a score of zero out of four points. This absence may pose a risk in terms of organizational transparency and employee protection, which could be an important consideration for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Habitat For Humanity Of Morgan legitimate?

Habitat For Humanity Of Morgan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Morgan 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: $628,641

For more financial information, click here


Official website here: www.morganhabitat.org

What is the mission statement of Habitat For Humanity Of Morgan?

Habitat for Humanity of Morgan, an organization dedicated to providing affordable housing, strives to sell homes at low costs to families in need. This mission is carried out through the sale of homes in exchange for non-interest bearing mortgages. The primary goal is to make housing more accessible and affordable for families who struggle financially. The organization's activities contribute to improving the living conditions of these families, providing them with a sense of stability and security.


Official website here: www.morganhabitat.org

Who is the CEO of Habitat For Humanity Of Morgan?

Landis Griffin is the Board Member of Habitat For Humanity Of Morgan.


Official website here: www.morganhabitat.org

What is the revenue of Habitat For Humanity Of Morgan?

Habitat For Humanity Of Morgan's revenue in 2023 was $1,526,048.


Official website here: www.morganhabitat.org

Who are the executives of Habitat For Humanity Of Morgan and what are their salaries?

The average compensation at Habitat For Humanity Of Morgan during 2023 was $20,279. There are 31 employees at Habitat For Humanity Of Morgan.


Here are 11 key members and their salaries:


Pat Collins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Daniels-Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dozier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Eastman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Cate Gibson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landis Griffin (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Harriman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlon Morris (Vp Construct)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Payne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Ray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Whitten (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.morganhabitat.org

Where can I find the form 990 for Habitat For Humanity Of Morgan?

Habitat For Humanity Of Morgan's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.morganhabitat.org

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

Mission Statement of Habitat For Humanity Of Morgan

Habitat for Humanity of Morgan, a nonprofit organization, is dedicated to providing affordable housing solutions for families in need. It achieves this mission by offering homes at a low cost. The organization operates on the belief that everyone deserves a decent place to live and works tirelessly to make this a reality. Through its initiatives, Habitat for Humanity of Morgan sells homes to eligible families, requiring them to repay the cost through non-interest bearing mortgages. This approach ensures that the beneficiary families can afford their homes while also contributing to the sustainability of the program. By providing affordable housing, Habitat for Humanity of Morgan is helping families build a solid foundation for their future, fostering community stability and promoting social welfare.

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Impact




July, 2024

Habitat For Humanity Of Morgan's impact can be seen in the tangible outcomes of providing affordable housing at low cost to families in need. Several homes were sold to needy families during the year in exchange for non-interest bearing mortgages. This impact directly addresses the pressing issue of housing affordability in the city of Decatur, Alabama, demonstrating the organization's commitment to its mission of providing affordable housing to families in need.




This information is meant to be a general summary of Habitat For Humanity Of Morgan. 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.

Revenue
$1,526,048 (2023)
Expenses
$1,413,054 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $100
  • Program Service Revenue: $338,709
  • Gross Receipts: $1,526,048

Assets and Liabilities:

  • Total Assets: $2,613,269
  • Total Liabilities: $122,733
  • Net Assets: $2,490,536

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Programs

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

TRANSFERS TO HOMEOWNERS

Revenue

$338,709

Organization Details

Founding Year

1990

Principal Officer

Landis Griffin

Main Address

PO BOX 1651, DECATUR, AL, 35602

NTEE Category

Code: L20 - Housing

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