Overview
What is Lubbock Habitat For Humanity Inc?
Lubbock Habitat for Humanity Inc. is a nonprofit organization situated in Lubbock, Texas, with a specific mission to construct affordable housing for low to moderate-income families. Operating at 3630 50th Street, the organization follows a three-pronged qualification process for families in need. Firstly, the families must live in unsafe or overcrowded conditions. Secondly, they should have the ability to pay an interest-free mortgage and maintain the property. Lastly, they must demonstrate a willingness to partner with the organization, providing 500 hours of 'sweat equity' in building their home or contributing to Habitat's office tasks. The organization, with a workforce of 11, aspires to manifest the love of Jesus Christ through their actions in the Lubbock, Texas area.
Official website here: www.lubbockhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
Lubbock Habitat for Humanity Inc has achieved a high score of 91% in accountability and finance, which highlights its strong governance structure and financial oversight. The organization boasts an independent board with 100% of its members being independent, ensuring effective oversight and decision-making. Its financial practices, such as a low liabilities to assets ratio of 21.09% and a program expense ratio of 69.03%, demonstrate a commitment to maintaining financial health while prioritizing programmatic expenses.
However, user feedback from clients served indicates some areas of concern. A review from a client who participated in their housing program reflects dissatisfaction with the size and functionality of the homes provided, expressing that the space is inadequate for a family with children. They noted unmet expectations regarding storage and the overall quality of materials used in construction, suggesting that the program might not cater well to families needing more space.
While Lubbock Habitat for Humanity Inc has received high marks for financial accountability, individual experiences reveal challenges that may not meet the needs of all potential homeowners. This mixed feedback suggests that while the organization is financially sound, prospective clients should carefully consider their specific needs and expectations before participating in the homeownership program.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Lubbock Habitat For Humanity Inc?
100% of 8 reviewers on Facebook recommend Lubbock Habitat for Humanity Inc. Here is a summary of their reviews:
The overwhelming sentiment from those who have shared their experiences is one of strong support and appreciation for the organization’s mission. Reviewers highlight the dedication and hard work of the team involved, emphasizing their commitment to making a positive impact in the Lubbock community. The atmosphere at the nonprofit is described as collaborative and inspiring, with staff and volunteers working tirelessly to help realize the vision of providing decent housing for all.
Interns and volunteers alike acknowledge the fulfilling nature of their contributions, noting the meaningful relationships developed within the team. The shared enthusiasm reinforces the belief that Lubbock Habitat for Humanity is effectively delivering on its promises and addressing housing needs in the region.
This AI summary has been generated from reviews found on Facebook.
Is Lubbock Habitat For Humanity Inc legitimate?
Lubbock Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock 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: $63,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,944
For more financial information, click here
Official website here: www.lubbockhabitat.org
What is the mission statement of Lubbock Habitat For Humanity Inc?
Lubbock Habitat for Humanity Inc. is dedicated to constructing decent, affordable housing for families with low to moderate income. This organization operates with the goal of demonstrating compassion through action. Its main objective is to assist families who are currently living in unsafe or overcrowded conditions, providing them with the opportunity to own an interest-free mortgage and maintain the property. In return, these families are expected to contribute 500 hours of sweat equity towards their home construction or other Habitat-related tasks.
Official website here: www.lubbockhabitat.org
Who is the CEO of Lubbock Habitat For Humanity Inc?
Christy Reeves is the Executive Di of Lubbock Habitat For Humanity Inc.
Official website here: www.lubbockhabitat.org
What is the revenue of Lubbock Habitat For Humanity Inc?
Lubbock Habitat For Humanity Inc's revenue in 2022 was $788,922.
Official website here: www.lubbockhabitat.org
Who are the executives of Lubbock Habitat For Humanity Inc and what are their salaries?
The average compensation at Lubbock Habitat For Humanity Inc during 2022 was $27,750. There are 11 employees and 150 volunteers at Lubbock Habitat For Humanity Inc.
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Official website here: www.lubbockhabitat.org
Where can I find the form 990 for Lubbock Habitat For Humanity Inc?
Lubbock Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lubbockhabitat.org
Learn more at the official website: www.lubbockhabitat.org
Mission Statement of Lubbock Habitat For Humanity Inc
Lubbock Habitat for Humanity Inc is a nonprofit organization dedicated to constructing decent, affordable housing for low to moderate income families. One of their primary objectives is to demonstrate the love of Jesus Christ through action. They achieve this by building homes for families in need of housing, providing them with a safe and secure living environment. The families selected for these homes must meet certain criteria, including currently living in unsafe or overcrowded conditions, having the ability to pay an interest-free mortgage payment each month, and showing a willingness to partner with Habitat by contributing 500 hours of sweat equity towards their home construction or in the Habitat office. Lubbock Habitat for Humanity Inc's mission is to improve the lives of these families by providing them with a stable home, enabling them to focus on other aspects of their lives, such as education and employment, thereby enhancing their overall well-being.
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Impact
July, 2024
Lubbock Habitat For Humanity Inc's impact lies in constructing decent, affordable housing for low to moderate-income families in the Lubbock, Texas area. By providing homes to those living in unsafe or overcrowded conditions, the organization not only addresses a critical need but also promotes stability and a better quality of life for these families. Additionally, the requirement for families to contribute sweat equity demonstrates a commitment to community involvement and empowerment. Through its actions, Lubbock Habitat For Humanity Inc embodies the values of compassion and service, making a tangible difference in the lives of those in need.
This information is meant to be a general summary of Lubbock 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: $183
- Program Service Revenue: $140,765
- Gross Receipts: $788,922
Assets and Liabilities:
- Total Assets: $3,796,865
- Total Liabilities: $908,615
- Net Assets: $2,888,250
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESTORE SALES
Revenue
$409,195
NET SALES OF HOMES
Revenue
$178,562
AMORTIZATION-MORTG DISCOUNTS
Revenue
$92,215
LATE FEES, RENTAL INCOME
Revenue
$1,908
COST OF HOMES SOLD
Revenue
-$541,115
Organization Details
Founding Year
1987
Phone
(806) 763-4663Principal Officer
Christy Reeves
Main Address
3630 50TH STREET, LUBBOCK, TX, 79413
Website
www.lubbockhabitat.orgNTEE Category
Code: L20Z - Housing
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