Overview
What is Lawton-Ft Sill Habitat For Humanity Inc?
Lawton-Ft Sill Habitat for Humanity Inc is a nonprofit Christian housing organization based in Lawton, Oklahoma. Their primary mission is to construct and renovate affordable homes for low-income individuals and families, working in partnership with the homeowners. This organization provides zero-interest financing for homeowners, ensuring that they can secure a place to live without burdening themselves with excessive debt. Apart from its housing program, Lawton-Ft Sill Habitat for Humanity also operates a store that sells a variety of building materials, appliances, furniture, and home furnishings at significantly lower prices than retail stores. The revenue generated from this store is solely utilized to support the organization's charitable purposes, contributing to their mission of providing affordable housing solutions. With around 4 employees, this nonprofit continues to make a positive impact in the Lawton community, helping families in need secure a decent place to live.
Official website here: www.habitatlfs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Lawton-Ft Sill Habitat For Humanity Inc has received a commendable score of 83%, reflecting a solid commitment to accountability and finance. The organization boasts 100% independent board members and has no material diversion of assets, indicating strong governance practices. With a high program expense ratio of 91.12%, the nonprofit demonstrates a dedication to channeling resources effectively towards its mission.
However, there are notable areas for improvement, particularly concerning governance policies. The absence of a whistleblower policy and a document retention and destruction policy may present potential risks in operational transparency. While the organization maintains good financial health, addressing these missing policies could enhance its accountability framework and further bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Lawton-Ft Sill Habitat For Humanity Inc legitimate?
Lawton-Ft Sill Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawton-Ft Sill 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: $42,013
For more financial information, click here
Official website here: www.habitatlfs.org
What is the mission statement of Lawton-Ft Sill Habitat For Humanity Inc?
Lawton-Ft Sill Habitat for Humanity Inc. is a nonprofit, Christian housing organization that specializes in constructing simple, decent, and affordable homes in collaboration with low-income homeowners. Their mission is to provide housing solutions for individuals and families who fall under this income bracket. Through this partnership, they build or remodel houses and sell them at affordable prices, offering zero-percent interest financing to the homeowners. Additionally, the organization operates a store that sells a variety of building materials, appliances, furniture, and other home furnishings at prices significantly lower than retail stores. The earnings from this store are solely utilized to support the organization's charitable purpose.
Official website here: www.habitatlfs.org
What is the revenue of Lawton-Ft Sill Habitat For Humanity Inc?
Lawton-Ft Sill Habitat For Humanity Inc's revenue in 2024 was $139,807.
Official website here: www.habitatlfs.org
Who are the executives of Lawton-Ft Sill Habitat For Humanity Inc and what are their salaries?
The average compensation at Lawton-Ft Sill Habitat For Humanity Inc during 2024 was $14,004. There are 3 employees and 15 volunteers at Lawton-Ft Sill Habitat For Humanity Inc.
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Official website here: www.habitatlfs.org
Where can I find the form 990 for Lawton-Ft Sill Habitat For Humanity Inc?
Lawton-Ft Sill Habitat For Humanity Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.habitatlfs.org
Learn more at the official website: www.habitatlfs.org
Mission Statement of Lawton-Ft Sill Habitat For Humanity Inc
Lawton-Ft Sill Habitat for Humanity Inc, a nonprofit Christian housing organization, is dedicated to constructing straightforward, decent, and affordable homes in collaboration with low-income homeowners. This organization's mission is to bridge the housing gap for individuals and families who struggle financially, providing them with a chance to own a home of their own.
In line with its mission, Lawton-Ft Sill Habitat for Humanity Inc builds and remodels houses, which it subsequently sells to eligible homeowners at affordable prices. Moreover, the organization offers zero-percent interest financing to its homeowners, making homeownership even more accessible. In addition to its construction activities, Lawton-Ft Sill Habitat for Humanity Inc also operates a retail store that sells new and used building materials, appliances, furniture, and home furnishings at significantly reduced prices compared to retail stores. The profits generated from this store are solely utilized to further support the organization's charitable objectives.
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Impact
August, 2024
Lawton-Ft Sill Habitat For Humanity Inc's impact lies in its commitment to providing simple, decent, and affordable housing in partnership with low-income homeowners. By building and remodeling houses and offering zero percent interest financing to buyers, the organization helps individuals and families achieve home ownership and stability. Additionally, through its store selling building materials, appliances, furniture, and home furnishings at reduced prices, Lawton-Ft Sill Habitat For Humanity Inc generates funds to support its charitable mission of creating sustainable housing solutions for those in need.
This information is meant to be a general summary of Lawton-Ft Sill 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 2024.
- Investment Income: $156
- Program Service Revenue: $75,000
- Gross Receipts: $159,198
Assets and Liabilities:
- Total Assets: $825,071
- Total Liabilities: $36,608
- Net Assets: $788,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSE SALES TO LOW INCOME FAM
Revenue
$75,000
Organization Details
Founding Year
1996
Principal Officer
Patty Neuwirth
Website
www.habitatlfs.orgNTEE Category
Code: L20 - Housing
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