Overview
What is Stillwater Habitat For Humanity Inc?
Stillwater Habitat for Humanity Inc. is a nonprofit organization based in Stillwater, Oklahoma. With a mission to share the teachings of Jesus Christ, they aim to combat poverty housing by engaging individuals of diverse races, classes, and faiths in homebuilding projects. The organization constructs houses for low-income families, selling them upon completion with zero-interest mortgages. They also operate a Restore program that accepts donations and sells the repurposed materials to fund these initiatives. The organization boasts a dedicated workforce of 28 individuals, working tirelessly to eradicate poverty housing in their community.
Official website here: www.stillwaterhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Stillwater Habitat For Humanity Inc has achieved an impressive score of 96%, indicating strong performance in accountability and finance. The charity has a fully independent board, which helps to ensure transparency and effective governance. With a high program expense ratio of 86.26%, the organization demonstrates a commitment to directing a significant portion of its funds towards its mission rather than administrative costs.
While the organization excels in many areas, it is noted that it is missing a whistleblower policy, which could enhance its governance structure further. However, all other metrics related to financial oversight and conflict of interest policies are well-managed, reflecting a solid framework for accountability. Overall, Stillwater Habitat For Humanity Inc presents itself as a trustworthy organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Stillwater Habitat For Humanity Inc legitimate?
Stillwater Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stillwater Habitat For Humanity 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: $260,202
For more financial information, click here
Official website here: www.stillwaterhabitat.org
What is the mission statement of Stillwater Habitat For Humanity Inc?
Stillwater Habitat for Humanity Inc. is dedicated to spreading the message of Jesus Christ by engaging in home building initiatives. Their mission is to eradicate poverty housing and promote unity among individuals of various races, classes, and faiths. They achieve this by partnering with individuals to construct houses for low-income families. Upon completion, these houses are sold with zero-interest mortgages. Additionally, the organization has a restoration program that accepts donations and sells the donated materials.
Official website here: www.stillwaterhabitat.org
Who is the CEO of Stillwater Habitat For Humanity Inc?
Garrett Morris is the President of Stillwater Habitat For Humanity Inc.
Official website here: www.stillwaterhabitat.org
What is the revenue of Stillwater Habitat For Humanity Inc?
Stillwater Habitat For Humanity Inc's revenue in 2022 was $878,473.
Official website here: www.stillwaterhabitat.org
Who are the executives of Stillwater Habitat For Humanity Inc and what are their salaries?
The average compensation at Stillwater Habitat For Humanity Inc during 2022 was $9,293. There are 28 employees and 390 volunteers at Stillwater Habitat For Humanity Inc.
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Official website here: www.stillwaterhabitat.org
Where can I find the form 990 for Stillwater Habitat For Humanity Inc?
Stillwater Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stillwaterhabitat.org
Learn more at the official website: www.stillwaterhabitat.org
Mission Statement of Stillwater Habitat For Humanity Inc
Stillwater Habitat for Humanity Inc is an organization dedicated to making a significant impact in the fight against poverty housing. Their mission, as stated, is to share the message of Jesus Christ through the ministry of home building. This mission is driven by the desire to bring together people of various races, classes, and faiths in a collaborative effort to eradicate poverty housing. By doing so, Stillwater Habitat for Humanity Inc aims to create a world where all individuals, regardless of their background, have access to safe and affordable housing.
The organization's approach to achieving this mission is through construction projects. They build houses, which are then sold to low-income families at completion, with zero-interest mortgages. These mortgages are held and serviced by Stillwater Habitat for Humanity Inc at the end of the year, demonstrating their commitment to supporting their beneficiaries even after they move into their new homes. In addition to direct home construction, the organization also operates a program called Restore. Restore accepts donations of materials and sells them, using the proceeds to further its mission.
In summary, Stillwater Habitat for Humanity Inc is a nonprofit organization that uses home construction and material sales to address poverty housing. By bringing people together in partnership, the organization aims to share the message of Jesus Christ while providing affordable housing solutions to those in need.
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Impact
July, 2024
Stillwater Habitat For Humanity Inc's impact is significant in the community as it works towards eradicating poverty housing by constructing homes for low-income families. Through its ministry of home building, the organization promotes partnership among individuals of all races, classes, and faiths. By providing affordable housing solutions with zero-interest mortgages, Stillwater Habitat For Humanity Inc plays a crucial role in improving the living conditions of those in need. Additionally, the organization's Restore initiative, which involves accepting donations and selling materials, further contributes to its mission of providing housing opportunities for those facing financial challenges.
This information is meant to be a general summary of Stillwater Habitat For Humanity 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: $1,108
- Program Service Revenue: $272,659
- Gross Receipts: $890,112
Assets and Liabilities:
- Total Assets: $1,984,841
- Total Liabilities: $50,580
- Net Assets: $1,934,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT AMORT
Revenue
$140,974
RECYCLING
Revenue
$16,685
SALE OF HOUSES
Revenue
$115,000
Organization Details
Founding Year
1990
Phone
(405) 377-0403Principal Officer
Garrett Morris
Main Address
PO BOX 912, STILLWATER, OK, 74076
Website
www.stillwaterhabitat.orgNTEE Category
Code: L20 - Housing
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