Lake-Geauga Habitat For Humanity Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341715023 ✦ Chardon, OH ✦ Designated as a 501(c)(3)

Overview

What is Lake-Geauga Habitat For Humanity Inc?

Lake-Geauga Habitat for Humanity Inc., based in Chardon, Ohio, is a dedicated nonprofit organization that strives to construct and rehabilitate affordable housing units for lower-income families. During the previous tax year, they completed one home restoration project and sold it to a family. The organization also maintains and services non-interest-bearing mortgages for these families, with 58 such mortgages active at the year's end. Apart from home builds, they operate a Restore facility, where donated household items are sold at reduced prices to support their mission. In essence, Lake-Geauga Habitat for Humanity Inc. partners with families in Lake and Geauga counties to help them build or renovate a safe and affordable place they can call home, with the assistance of volunteers.


Official website here: www.lake-geaugahabitat.org

Is Lake-Geauga Habitat For Humanity Inc legitimate?

Lake-Geauga Habitat For Humanity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake-Geauga 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.

Here are some key statistics you may want to consider:

Executive Compensation: $71,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,337

For more financial information, click here


Official website here: www.lake-geaugahabitat.org

What is the mission statement of Lake-Geauga Habitat For Humanity Inc?

Lake-Geauga Habitat for Humanity Inc's mission involves collaborating with families to construct or renovate homes they can afford and call their own. This non-profit organization encourages homeowners to actively participate in the building process, working alongside volunteers. Homeowners then pay an affordable mortgage for their newly constructed or renovated homes. Additionally, Lake-Geauga Habitat for Humanity Inc undertakes home-builds and outreach projects, enabling homeowners to remain in their homes safely. During the tax year, one home was rehabilitated and sold. The organization also manages and services non-interest bearing mortgages for lower-income families, with 58 mortgages open at the end of the year. Furthermore, Lake-Geauga Habitat for Humanity Inc operates a Restore to recycle donated household items and sell them at reduced prices to support their mission.


Official website here: www.lake-geaugahabitat.org

Who is the CEO of Lake-Geauga Habitat For Humanity Inc?

John Kelleher is the Director of Lake-Geauga Habitat For Humanity Inc.


Official website here: www.lake-geaugahabitat.org

What is the revenue of Lake-Geauga Habitat For Humanity Inc?

Lake-Geauga Habitat For Humanity Inc's revenue in 2022 was $1,519,455.


Official website here: www.lake-geaugahabitat.org

Who are the executives of Lake-Geauga Habitat For Humanity Inc and what are their salaries?

The average compensation at Lake-Geauga Habitat For Humanity Inc during 2022 was $19,976. There are 31 employees and 175 volunteers at Lake-Geauga Habitat For Humanity Inc.

Here are 16 key members and their salaries:

    Jim Thie (Executive Director)
  • Compensation: $85,000
  • Related: $0
  • Other: $0

    • Ben Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Romanini (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Gillespy (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Nista (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Durdle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hasler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Breitenbach (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Vokic (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Rollins (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Brody (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Eklund (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Fiala (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Sabath (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Najjar (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Barb (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lake-geaugahabitat.org

    Where can I find the form 990 for Lake-Geauga Habitat For Humanity Inc?

    The Lake-Geauga Habitat For Humanity Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lake-geaugahabitat.org

    Learn more at the official website: www.lake-geaugahabitat.org

    Mission Statement of Lake-Geauga Habitat For Humanity Inc

    Lake-Geauga Habitat for Humanity Inc. is committed to partnering with families in their quest to build or renovate a home they can proudly call their own. This nonprofit organization provides an opportunity for homeowners to construct their dwellings alongside volunteers, fostering a sense of community and ownership. Once constructed, these families are expected to pay an affordable mortgage, ensuring their continued investment in their new homes. Beyond home construction, Lake-Geauga Habitat for Humanity Inc. also offers outreach projects, enabling homeowners to maintain their residences safely. During the tax year, one home was rehabilitated and sold, contributing to the organization's mission. In addition, Lake-Geauga Habitat for Humanity Inc. administers and services non-interest bearing mortgages for lower income families, ensuring they can sustain their living arrangements. At the end of the year, there were 58 mortgages being managed by the organization. Furthermore, the nonprofit operates a Restore facility, which recycles donated household items and sells them at reduced prices, generating revenue to support its mission.

    Impact

    This information is meant to be a general summary of Lake-Geauga Habitat For Humanity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lake-Geauga Habitat for Humanity Inc's impact is significant in providing affordable housing solutions for lower-income families in Lake and Geauga counties. By partnering with these families to build or rehabilitate homes, Habitat for Humanity offers a pathway to homeownership that empowers individuals to secure a safe and stable living environment. Through the construction and rehabilitation of affordable homes, as well as the provision of non-interest bearing mortgages, Lake-Geauga Habitat for Humanity Inc plays a crucial role in addressing housing insecurity in the community. Additionally, the operation of a ReStore to recycle donated household items not only supports the organization's mission financially but also serves as a resource for individuals seeking affordable home goods. Overall, Lake-Geauga Habitat for Humanity Inc's dedication to creating affordable housing opportunities positively impacts the lives of families in need and enhances the community's overall well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-12,520
  • Program Service Revenue: $253,701
  • Gross Receipts: $2,447,211

    • Assets and Liabilities:
  • Total Assets: $2,299,968
  • Total Liabilities: $457,986
  • Net Assets: $1,841,982
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRANSFERS TO HOMEOWNER

    Revenue

    $158,709

    MORTGAGE DISCOUNT AMOR

    Revenue

    $94,992

    Organization Details

    Founding Year

    1992

    Principal Officer

    John Kelleher

    Main Address

    100 PARKER COURT 6, CHARDON, OH, 44024

    NTEE Category

    Code: L25 - Housing

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