Overview
What is Ardmore Habitat For Humanity Inc?
Ardmore Habitat for Humanity Inc is a nonprofit organization dedicated to improving living conditions for individuals of modest income. Their primary mission is to construct houses, serving as a stepping stone towards a more prosperous life. By providing these homes, they aim to contribute positively to the community and uplift those in need. The organization's activities centrally revolve around this objective, demonstrating a strong commitment to social welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Ardmore Habitat For Humanity Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 85% overall, reflecting its commitment to transparency and responsible financial management. Notably, it boasts a fully independent board and a favorable liabilities to assets ratio of just 4.19%, suggesting prudent fiscal oversight.
The charity excels in several aspects, including its conflict of interest policy and the documentation of board meeting minutes, both of which received perfect scores. Additionally, its program expense ratio is commendable at 68.15%, indicating that a significant portion of its expenses is directed toward its mission rather than administrative costs. This focus on programmatic spending enhances its credibility among donors and supporters.
While the organization demonstrates robust governance and effective financial practices, potential donors may want to consider its overall impact and effectiveness in fulfilling its mission, as the rating primarily reflects financial health and accountability rather than program outcomes. Overall, Ardmore Habitat For Humanity Inc stands out as a reliable nonprofit, but ongoing evaluation of its impact is essential for a complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Ardmore Habitat For Humanity Inc legitimate?
Ardmore Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ardmore 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: $25,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ardmore Habitat For Humanity Inc?
Ardmore Habitat for Humanity Inc's mission is centered around constructing homes for individuals in need. By providing these homes, the organization aims to serve as a stepping stone towards a more prosperous life for these individuals. Their mission is to contribute positively to the community by offering housing solutions to low-income families, thereby helping them improve their living conditions and ultimately, their lives.
Who is the CEO of Ardmore Habitat For Humanity Inc?
Jordan Gary is the Board Member of Ardmore Habitat For Humanity Inc.
What is the revenue of Ardmore Habitat For Humanity Inc?
Ardmore Habitat For Humanity Inc's revenue in 2023 was $26,813.
Who are the executives of Ardmore Habitat For Humanity Inc and what are their salaries?
The average compensation at Ardmore Habitat For Humanity Inc during 2023 was $25,299. There is 1 employee and 438 volunteers at Ardmore Habitat For Humanity Inc.
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Where can I find the form 990 for Ardmore Habitat For Humanity Inc?
Ardmore Habitat For Humanity Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ardmore Habitat For Humanity Inc
Ardmore Habitat for Humanity Inc, as a nonprofit organization, is committed to building houses for individuals in need. This mission serves as a stepping stone towards a better life for these individuals. The organization's primary goal is to provide affordable housing solutions, offering a chance at improved living conditions and opportunities for personal growth. By constructing homes, Ardmore Habitat for Humanity Inc aims to contribute to the well-being and stability of the community, offering a hand up rather than a handout. The organization's mission is driven by the belief that everyone deserves a decent place to live, and through its work, it strives to make this a reality.
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Impact
August, 2024
Ardmore Habitat For Humanity Inc's impact lies in its mission to build houses for people in need and provide them with a stepping stone to a better life. By focusing on housing for low-income individuals in Ardmore, Oklahoma, this organization plays a crucial role in addressing the housing needs of the community. Through their work, Ardmore Habitat For Humanity Inc is able to create tangible and long-lasting change by helping individuals and families attain safe and affordable housing, ultimately improving their quality of life and fostering stability within the community.
This information is meant to be a general summary of Ardmore 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 2023.
- Investment Income: $766
- Program Service Revenue: -$60,115
- Gross Receipts: $38,090
Assets and Liabilities:
- Total Assets: $836,812
- Total Liabilities: $35,118
- Net Assets: $801,694
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISCOUNT AMORTIZATIO
Revenue
$27,003
LATE CHARGES FROM HOMEOWNERS
Revenue
$542
CAN SALES
Revenue
$33
SALES TO HOMEOWNERS
Revenue
-$87,693
Organization Details
Founding Year
1995
Phone
(580) 223-1540Principal Officer
Jordan Gary
Main Address
PO BOX 2412, ARDMORE, OK, 734022412
NTEE Category
Code: L25Z - Housing
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