Overview
What is Mcminnville Area Habitat For Humanity?
Mcminnville Area Habitat for Humanity is a dedicated nonprofit organization situated in McMinnville, Oregon. Their primary mission is to foster partnerships between volunteers, families, and the community, aiming to construct affordable, modest homes for families in need. The organization finances the cost of construction and land, offering no-interest loans. The homeowners actively participate in building their own homes as part of the agreement. During the year 2022, they successfully completed and sold one such home. Additionally, the organization accepts and sells used and surplus building materials through a retail outlet, utilizing the profits for constructing more homes for low-income families.
Official website here: www.machabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
McMinnville Area Habitat for Humanity has achieved a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 90% in its Accountability & Finance metrics, reflecting robust governance practices. Key strengths include a fully independent board, solid financial oversight, and a high program expense ratio, signifying that a significant portion of funds directly supports their mission.
The organization has been rated particularly well for its fiscal management, with no material diversion of assets reported, and a favorable liabilities to assets ratio of 0.32%. Additionally, they have demonstrated transparency by listing their website on their tax form, maintaining board meeting minutes, and having policies for document retention and conflict of interest.
However, a notable limitation is the absence of a whistleblower policy, which could enhance its governance framework. Despite this gap, the overall financial health and accountability practices place McMinnville Area Habitat for Humanity in a favorable position to effectively fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mcminnville Area Habitat For Humanity legitimate?
Mcminnville Area Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcminnville Area 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,864
For more financial information, click here
Official website here: www.machabitat.org
What is the mission statement of Mcminnville Area Habitat For Humanity?
McMinneville Area Habitat for Humanity's mission revolves around establishing partnerships among volunteers, families in need, and the community. Their primary objective is to construct simple, decent houses for these families, serving as a beacon of support. The organization fosters a sense of community involvement, with families participating in the construction of their own homes as part of the agreement. During the fiscal year ending June 30, 2022, one such house was completed and sold. Additionally, the organization receives and sells used and surplus building materials as donations, utilizing the proceeds for constructing homes for low-income families.
Official website here: www.machabitat.org
Who is the CEO of Mcminnville Area Habitat For Humanity?
Patty Haddeland is the President of Mcminnville Area Habitat For Humanity.
Official website here: www.machabitat.org
What is the revenue of Mcminnville Area Habitat For Humanity?
Mcminnville Area Habitat For Humanity's revenue in 2022 was $1,826,621.
Official website here: www.machabitat.org
Who are the executives of Mcminnville Area Habitat For Humanity and what are their salaries?
The average compensation at Mcminnville Area Habitat For Humanity during 2022 was $23,227. There are 17 employees and 449 volunteers at Mcminnville Area Habitat For Humanity.
Here are 9 key members and their salaries:
- Compensation: $71,938
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Official website here: www.machabitat.org
Where can I find the form 990 for Mcminnville Area Habitat For Humanity?
Mcminnville Area Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.machabitat.org
Learn more at the official website: www.machabitat.org
Mission Statement of Mcminnville Area Habitat For Humanity
McMinville Area Habitat for Humanity is dedicated to fostering collaborations between volunteers, families, and the community. Their primary objective is to construct and sell simple, decent homes for families who are economically disadvantaged. This organization does not charge interest on the loans used for construction and land costs. The homeowners are actively involved in the construction process as part of their contract. Additionally, McMinville Area Habitat for Humanity accepts used and surplus building materials as donations, which are then sold through a retail outlet. The proceeds from these sales are utilized for building more homes for low-income families. In essence, McMinville Area Habitat for Humanity serves as a bridge, connecting resources, individuals, and families to create a more equitable living environment.
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Impact
July, 2024
Mcminnville Area Habitat For Humanity's impact includes providing affordable housing opportunities for low-income families in need. Through partnerships with volunteers, families, and the community, they construct simple, decent houses and sell them at an affordable price to eligible families. Additionally, the organization offers no-interest loans for the cost of construction and land value, allowing families to become homeowners without the burden of high interest rates. Their efforts help address the housing needs of the community and provide a pathway to homeownership for families who may not have had this opportunity otherwise.
This information is meant to be a general summary of Mcminnville Area 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 2022.
- Investment Income: $21,870
- Program Service Revenue: $239,556
- Gross Receipts: $2,058,806
Assets and Liabilities:
- Total Assets: $4,274,943
- Total Liabilities: $311,543
- Net Assets: $3,963,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Miscellaneous
Revenue
$7,418
Mortgage Receivable amort
Revenue
$72,878
Sale of Homes
Revenue
$159,260
Organization Details
Founding Year
1991
Phone
(503) 472-9637Principal Officer
Patty Haddeland
Main Address
PO BOX 301, MCMINNVILLE, OR, 97128
Website
www.machabitat.orgNTEE Category
Code: L20 - Housing
If you are a representative of Mcminnville Area 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.