Overview
What is Midland County Habitat For Humanity?
Midland County Habitat for Humanity is a nonprofit organization situated in Midland, Michigan. Their primary mission is to construct homes for low-income families, utilizing the extensive involvement of volunteers. The homes are sold with no-interest mortgages, and a discounted interest rate is recorded and amortized over the mortgage's lifespan. In the fiscal year 2023, they completed and closed five homes, commencing construction on a sixth. The organization operates with a team of 15 dedicated employees, contributing to their mission of providing affordable housing solutions to families in need.
Official website here: www.midlandhabitat.org
Is Midland County Habitat For Humanity legitimate?
Midland County Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland County 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.
Here are some key statistics you may want to consider:
Executive Compensation: $112,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $441,023
For more financial information, click here
Official website here: www.midlandhabitat.org
What is the mission statement of Midland County Habitat For Humanity?
Midland County Habitat for Humanity's mission is focused on constructing homes in partnership with low-income families. Upon completion, these homes are sold to the families at an affordable price, with the sale being facilitated by the issuance of an affordable mortgage. This organization relies heavily on volunteers during the construction process, ensuring that no-interest mortgages are issued upon home sale. A portion of the discounted interest is then amortized over the mortgage's life span. In the fiscal year 2023, Midland County Habitat for Humanity completed and sold five homes, while also commencing construction on a sixth one.
Official website here: www.midlandhabitat.org
Who is the CEO of Midland County Habitat For Humanity?
Jennifer Chappel is the Chair of Midland County Habitat For Humanity. The CEO's salary of Midland County Habitat For Humanity is $107,231 and their total compensation is $107,231.
Official website here: www.midlandhabitat.org
What is the revenue of Midland County Habitat For Humanity?
Midland County Habitat For Humanity's revenue in 2023 was $1,308,462.
Official website here: www.midlandhabitat.org
Who are the executives of Midland County Habitat For Humanity and what are their salaries?
The average compensation at Midland County Habitat For Humanity during 2023 was $36,895. There are 15 employees and 1,200 volunteers at Midland County Habitat For Humanity.
Here are 21 key members and their salaries (Midland County Habitat For Humanity's CEO's salary is $107,231 and their total compensation is $107,231):
- Jennifer Chappel (Ceo)
- Jill Dougherty (Chair) [Trustee/Director]
- Linden Rogers (Vice Chair) [Trustee/Director]
- Shane Bradley (Treasurer) [Trustee/Director]
- Ryan Stachowiak (Former Treas) [Trustee/Director]
- Mike Williams (Secretary) [Trustee/Director]
- Tim Johnson (Past Chair) [Trustee/Director]
- Tim Lacey (Director)
- Justin Marshall (Director)
- Lee Rouse (Director)
- Bill Garchow (Director)
- Millie Jezior (Director)
- Tom Sczepanski (Director)
- Michele Wilkins (Director)
- Bill Schramm (Director)
- Missie Freier (Director)
- Samantha Nelson (Director)
- Rev Dr Wally Mayton (Director)
- Melissa Chichester (Director)
- Andy Cripe (Director)
- Heather Mclaughlin (Director)
Official website here: www.midlandhabitat.org
Where can I find the form 990 for Midland County Habitat For Humanity?
The Midland County Habitat For Humanity’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.midlandhabitat.org
Learn more at the official website: www.midlandhabitat.org
Mission Statement of Midland County Habitat For Humanity
Midland County Habitat for Humanity is an organization committed to building homes for low-income families and partnering with them to sell the homes with affordable mortgages. This nonprofit's mission is carried out in a unique way, as it relies extensively on the contributions of volunteers during the construction process. Upon the sale of each home, Midland County Habitat for Humanity issues a mortgage with minimal interest, providing an affordable living solution for the new homeowners. The interest rate for these mortgages is recorded and amortized over the mortgage's lifetime, ensuring a long-term affordable housing solution. In the fiscal year 2023, the organization completed construction and sold five homes, with construction on a sixth home commencing.
Impact
This information is meant to be a general summary of Midland County Habitat For Humanity. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Midland County Habitat For Humanity's impact is evident through the provision of affordable housing solutions to low-income families. By building homes in partnership with these families and selling them with affordable mortgages, the organization directly addresses the pressing need for decent and stable housing. Through their Construction Services Program, Midland County Habitat For Humanity leverages the efforts of volunteers to construct homes, ensuring that more families have access to safe and secure housing options. This impactful work not only benefits the families directly involved but also contributes to the overall community well-being by fostering stable and thriving neighborhoods.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES, NET OF DISCOUNT
Revenue
$169,360
AMORTIZED INTEREST DISCOUNT
Revenue
$67,581
PROGRAM RENTAL INCOME
Revenue
$1,684
Organization Details
Founding Year
1988
Phone
(989) 496-0900
Principal Officer
Jennifer Chappel
Main Address
1703 S SAGINAW ROAD, MIDLAND, MI, 48640
Website
www.midlandhabitat.org
NTEE Category
Code: L200 - Housing
If you are a representative of Midland County 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.