Overview
What is Habitat For Humanity International Inc?
Habitat for Humanity International Inc, with its headquarters at 1320 Monroe St, Alexandria, LA, is a nonprofit organization committed to fostering homeownership for disadvantaged families. They achieve this by renovating or constructing houses, which they subsequently sell to eligible families residing in the Central Louisiana region. This organization, known locally as Rapides Habitat for Humanity, employs a dedicated workforce of one individual who contributes to their mission. Their efforts aim to enhance the living conditions and prospects of families in need, thereby empowering local communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Habitat For Humanity International Inc received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization scored well in governance aspects, such as having a fully independent board and effective policies regarding conflicts of interest and whistleblowing, its financial health raises red flags. Specifically, the charity's liabilities to assets ratio stands at 23.18%, which contributed to a low score in this area.
Additionally, the program expense ratio is notably low at 3.34%, suggesting that a very small portion of its expenses is directed towards its core mission of providing housing assistance. This substantial discrepancy points to potential inefficiencies or misallocation of resources, which may hinder the organization's ability to effectively fulfill its objectives.
Overall, while Habitat For Humanity International Inc has demonstrated strong governance practices, its financial performance and allocation of funds warrant careful scrutiny. Potential donors and stakeholders may want to consider these factors when assessing the organization’s operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity International Inc legitimate?
Habitat For Humanity International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity International 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: $24,934
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What is the mission statement of Habitat For Humanity International Inc?
Habitat For Humanity International Inc's mission is centered around promoting homeownership for disadvantaged families. They accomplish this by renovating or constructing houses, which are then sold to eligible families. This organization's goal is to increase the number of homeowners within these vulnerable groups, thereby enhancing their living conditions. The organization's activities are focused on the Central Louisiana area, aiming to provide housing solutions to those in need.
Who is the CEO of Habitat For Humanity International Inc?
Toni Martin is the Vice-President of Habitat For Humanity International Inc.
What is the revenue of Habitat For Humanity International Inc?
Habitat For Humanity International Inc's revenue in 2023 was $502.
Who are the executives of Habitat For Humanity International Inc and what are their salaries?
The average compensation at Habitat For Humanity International Inc during 2023 was $24,934. There is 1 employee and 12 volunteers at Habitat For Humanity International Inc.
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Where can I find the form 990 for Habitat For Humanity International Inc?
Habitat For Humanity International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Habitat For Humanity International Inc
Habitat for Humanity International Inc, as a nonprofit organization, is dedicated to a noble mission. This mission revolves around promoting homeownership among disadvantaged families. Rather than providing temporary solutions, they focus on a more sustainable approach: renovating or constructing houses that they then sell to qualified families. This initiative is aimed at Central Louisiana, where the organization operates. By doing so, Habitat for Humanity International Inc contributes to the well-being of these families, providing them with a safe and stable living environment. This mission is a testament to the organization's commitment to empowering disadvantaged families, helping them achieve a crucial milestone in their lives: homeownership.
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Impact
October, 2024
Habitat for Humanity International Inc makes a significant impact by promoting homeownership among disadvantaged families in Central Louisiana. Through the renovation and construction of houses, the organization facilitates affordable housing options for qualified families, offering them a pathway to stability and improved living conditions. This initiative not only addresses immediate housing needs but also fosters community development and empowerment by enabling families to invest in their futures. The work done in Alexandria, LA, embodies a commitment to social equity and uplifting those who face barriers to homeownership, ultimately transforming lives and neighborhoods in the region.
This information is meant to be a general summary of Habitat For Humanity International 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 2023.
- Program Service Revenue: $502
- Gross Receipts: $502
Assets and Liabilities:
- Total Assets: $584,358
- Total Liabilities: $135,509
- Net Assets: $448,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Construction of buildings
Revenue
$502
Organization Details
Founding Year
1989
Phone
(318) 201-0801Principal Officer
Toni Martin
Main Address
1320 Monroe St, Alexandria, LA, 713017144
NTEE Category
Code: L20Z - Housing
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