Overview
What is Midland Habitat For Humanity?
Midland Habitat for Humanity is a dedicated nonprofit organization situated in Midland, Texas. Its primary mission is to aid individuals in need by constructing homes, enhancing their living conditions, and fostering personal growth. The organization predominantly relies on financial support from various sources, including foundations, businesses, churches, and individuals. Additionally, Midland Habitat for Humanity operates ReStore, a non-profit retail outlet, specializing in the resale of affordable building materials, home furnishings, and appliances. This initiative allows the organization to generate revenue while providing the community with quality items at discounted prices. The nonprofit's mission, in essence, is to assist God's people in need by building better homes and ultimately improving their lives. With a committed workforce of 15 individuals, Midland Habitat for Humanity continues to make a significant impact in the local community.
Official website here: www.habitatmidland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Midland Habitat For Humanity has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 97% in this category, showcasing effective financial management and transparency. The high score underscores the charity's adherence to best practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblower protection.
The organization excels in utilizing its resources efficiently, with 91.79% of its expenses directed towards programs. Additionally, the absence of material asset diversions and a low liability-to-assets ratio indicate a stable financial position. These factors contribute to the charity's overall credibility and reliability in serving its mission to provide affordable housing.
However, while the fundraising efficiency score is notably low at $0.01, this may warrant further examination. Despite this limitation, the organization maintains a strong working capital ratio of 4.35 years, suggesting sustainability and the ability to support its initiatives long-term. Overall, Midland Habitat For Humanity demonstrates a robust operational framework, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Midland Habitat For Humanity?
Midland Habitat For Humanity is off to a promising start with its early reviews, as evidenced by the positive sentiments from its initial users. Although there are only three reviews available, each one highlights the commendable efforts of the staff and the organization’s attractive improvements, such as a new interior paint job.
Overall, the feedback indicates that users appreciate the welcoming nature of the team and the visible updates to the facility. This suggests a commitment to creating a positive environment for their mission and the community they serve. As more people engage with the nonprofit, it will be interesting to see how their experiences evolve and contribute to its reputation.
In summary, the early impressions reveal a strong foundation of satisfaction and support for Midland Habitat For Humanity, indicating that the nonprofit is on the right track in fulfilling its goals.
This AI summary has been generated from reviews found on Facebook.
Is Midland Habitat For Humanity legitimate?
Midland Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Habitat For Humanity 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: $120,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $550,397
For more financial information, click here
Official website here: www.habitatmidland.org
What is the mission statement of Midland Habitat For Humanity?
Midland Habitat for Humanity's mission is centered around assisting individuals in need, with a focus on providing them the means to construct better homes and improve their lives. The organization's primary objective is to offer support, encouraging the construction of more suitable dwellings. This is accomplished predominantly through contributions from various sources, including foundations, businesses, churches, and individual donors. Additionally, Midland Habitat for Humanity operates a ReStore, a non-profit retail outlet that specializes in selling quality building materials, home furnishings, and appliances at discounted prices. The goal is to help individuals in need build and maintain decent homes, thereby enhancing their overall living conditions.
Official website here: www.habitatmidland.org
Who is the CEO of Midland Habitat For Humanity?
Wes Robertson is the Executive Director of Midland Habitat For Humanity.
Official website here: www.habitatmidland.org
What is the revenue of Midland Habitat For Humanity?
Midland Habitat For Humanity's revenue in 2023 was $3,257,352.
Official website here: www.habitatmidland.org
Who are the executives of Midland Habitat For Humanity and what are their salaries?
The average compensation at Midland Habitat For Humanity during 2023 was $44,740. There are 15 employees and 507 volunteers at Midland Habitat For Humanity.
Here are 16 key members and their salaries:
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Official website here: www.habitatmidland.org
Where can I find the form 990 for Midland Habitat For Humanity?
Midland Habitat For Humanity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.habitatmidland.org
Learn more at the official website: www.habitatmidland.org
Mission Statement of Midland Habitat For Humanity
Midland Habitat for Humanity, a nonprofit organization, is dedicated to assisting individuals in need by helping them construct better homes and improve their lives. With a strong belief in God's guidance, Midland Habitat for Humanity focuses on providing housing solutions through contributions from various sources, including foundations, businesses, churches, and individual donors. Additionally, the organization operates a ReStore, a non-profit retail outlet, specializing in the sale of quality new and used building materials, home furnishings, and appliances at discounted prices. These sales help fund the organization's mission to provide affordable housing solutions. By focusing on home construction and supporting resources like the ReStore, Midland Habitat for Humanity aims to make a substantial impact on the lives of those in need, enabling them to build stronger foundations and enjoy improved living conditions.
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Impact
July, 2024
Midland Habitat For Humanity's impact lies in helping God's people in need to build better homes and lives. Habitat builds houses in Midland, Texas, with support primarily from contributions from foundations, businesses, churches, and individuals, as well as from housing revenue. Additionally, Habitat operates ReStore, a non-profit retail outlet specializing in the resale of quality new and previously owned building materials, home furnishings, and appliances at 50-75% off retail prices. Their mission is centered on providing housing solutions to those in need, making a significant impact on the community.
This information is meant to be a general summary of Midland Habitat For Humanity. 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: $24,379
- Program Service Revenue: $1,822,341
- Gross Receipts: $3,257,352
Assets and Liabilities:
- Total Assets: $9,506,537
- Total Liabilities: $513,253
- Net Assets: $8,993,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON MORTAGES
Revenue
$114,426
MINERAL LEASE
Revenue
$104,619
MORTGAGE SERVICING
Revenue
$36,129
RESTORE
Revenue
$704,119
SALE OF HOMES
Revenue
$858,176
Organization Details
Founding Year
1991
Phone
(432) 686-8877Principal Officer
Wes Robertson
Main Address
PO BOX 2555, MIDLAND, TX, 79701
Website
www.habitatmidland.orgNTEE Category
Code: L20 - Housing
If you are a representative of Midland Habitat For Humanity and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.