Overview
What is Tillamook County Habitat For Humanity Inc?
Tillamook County Habitat for Humanity Inc. is a nonprofit organization situated in Tillamook, Oregon. Their primary mission is to provide affordable housing solutions to families who otherwise couldn't afford it. They achieve this by building and selling homes at lower prices and offering financing options. In certain home sales, they provide financing at zero percent interest, while referring other low-income borrowers to third-party financiers at prevailing rates. To support their cause, the organization also operates a thrift shop for building supplies, which generates materials and funds for constructing these affordable homes. With a team of nine dedicated individuals, Tillamook County Habitat for Humanity Inc. is committed to making a difference in the lives of those in need of housing.
Official website here: www.tillamookhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Star rating)
Tillamook County Habitat For Humanity Inc has received a rating of 64%, which indicates a moderate level of accountability and financial health. The score is derived solely from its Accountability & Finance performance, reflecting the organization’s commitment to transparency and proper governance practices. The charity has achieved full marks in several areas, including having a majority of independent board members, a solid independent board size, and effective policies such as conflict of interest and whistleblower protections.
However, the charity's rating is significantly impacted by its lack of financial statements, resulting in a score of zero in that specific area. While it maintains a reasonable liabilities-to-assets ratio of 35.67% and a program expense ratio of 56.28%, the absence of detailed financial documents raises concerns about overall fiscal transparency. This may affect potential donors’ confidence in the organization’s financial management.
Overall, while Tillamook County Habitat For Humanity showcases strengths in governance and independence, the lack of accessible financial information is a limitation that could hinder its performance rating and appeal to potential supporters. Addressing these transparency issues could enhance its standing and support in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Tillamook County Habitat For Humanity Inc legitimate?
Tillamook County Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tillamook County 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: $79,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,037
For more financial information, click here
Official website here: www.tillamookhabitat.org
What is the mission statement of Tillamook County Habitat For Humanity Inc?
Tillamook County Habitat for Humanity Inc. is dedicated to assisting families in need by facilitating the construction and purchase of affordable housing. Their mission is twofold: firstly, they build and sell homes at affordable prices, catering to individuals who may not otherwise be able to afford housing. Secondly, they offer financing options for some home sales at zero percent interest, while referring other low-income borrowers to third-party financers at prevailing rates. Furthermore, the organization operates a thrift shop for building supplies, providing necessary materials and funding for the construction of these affordable homes.
Official website here: www.tillamookhabitat.org
Who is the CEO of Tillamook County Habitat For Humanity Inc?
Justin Mcmahan is the Executive Director of Tillamook County Habitat For Humanity Inc.
Official website here: www.tillamookhabitat.org
What is the revenue of Tillamook County Habitat For Humanity Inc?
Tillamook County Habitat For Humanity Inc's revenue in 2022 was $875,776.
Official website here: www.tillamookhabitat.org
Who are the executives of Tillamook County Habitat For Humanity Inc and what are their salaries?
The average compensation at Tillamook County Habitat For Humanity Inc during 2022 was $35,590. There are 9 employees and 342 volunteers at Tillamook County Habitat For Humanity Inc.
Here are 16 key members and their salaries:
- Compensation: $65,290
- Related: $0
- Other: $1,636
- Compensation: $4,500
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Official website here: www.tillamookhabitat.org
Where can I find the form 990 for Tillamook County Habitat For Humanity Inc?
Tillamook County Habitat For Humanity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tillamookhabitat.org
Learn more at the official website: www.tillamookhabitat.org
Mission Statement of Tillamook County Habitat For Humanity Inc
Tillamook County Habitat for Humanity Inc is an organization dedicated to assisting families in need by helping them construct and purchase affordable housing. Their primary mission is to bridge the gap for individuals who are financially unable to afford homes on their own. To accomplish this, the nonprofit builds and sells affordable homes, offering financial assistance to some homebuyers through zero-interest loans. For those who do not qualify for zero-interest loans, Tillamook County Habitat for Humanity Inc refers them to third-party financers with prevailing rates tailored for low-income borrowers.
In addition to building and selling homes, the organization operates a thrift shop that provides essential building materials and funding for the construction of these affordable homes. The revenues generated from the thrift shop are utilized to further support their mission, enabling Tillamook County Habitat for Humanity Inc to continue its efforts in providing affordable housing solutions to those in need. By offering a comprehensive approach that includes home construction, financing, and the sale of building supplies, Tillamook County Habitat for Humanity Inc plays a crucial role in empowering families to secure stable and affordable housing, thereby improving the overall quality of their lives.
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Impact
July, 2024
Tillamook County Habitat For Humanity Inc's impact lies in transforming the lives of families in need by helping them build and purchase affordable housing. Through their mission of providing affordable homes, they offer financing options at zero percent interest, making homeownership a reality for those who might not otherwise afford it. Additionally, their operation of a thrift shop for building supplies not only provides materials for home construction but also generates funds to support the building of homes. Ultimately, Tillamook County Habitat For Humanity Inc's efforts have a tangible impact on low-income families, ensuring they have a place to call home.
This information is meant to be a general summary of Tillamook County 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: $103,996
- Program Service Revenue: $355,985
- Gross Receipts: $1,264,396
Assets and Liabilities:
- Total Assets: $2,286,500
- Total Liabilities: $330,603
- Net Assets: $1,955,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Deferred portion Grants
Miscellaneous
Revenue
$150
Mrtge Rcvble Disc Amort
Revenue
$41,002
Sale of Donated Materials
Revenue
$314,833
Organization Details
Founding Year
1998
Phone
(503) 377-0204Principal Officer
Justin Mcmahan
Main Address
PO BOX 988, TILLAMOOK, OR, 97141
Website
www.tillamookhabitat.orgNTEE Category
Code: L20 - Housing
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