Habitat for Humanity of Madison

“The 990 is reviewed by the board of directors prior to filing.”

“The executive director's compensation is reviewed and approved by the board of directors.”

“Documents are made available upon request.”

“Seeking to put god's love into action, habitat for humanity brings people together to build homes, communities, and hope to realize our vision of a world where everyone has a decent place to live. Habitat for humanity of madison county, inc. Adheres to a strict non-proselytizing policy and will not offer assistance on the expressed or implied condition that people must adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.”

“Habitat for humanity of madison county is committed to efficiency and transparency. We communicate with our supporters, donors, and prospective donors by email, postal mail, phone and other means, both to request contributions to our cause and to educate the public about habitat for humanity of madison county's year-round programs, volunteer opportunities and other events in local communities and around the world. These efforts help advance our mission to put god's love into action by bringing people together to build homes, communities, and hope. As a result, in accordance with the financial accounting standards board guidelines and internal revenue service guidance, habitat for humanity of madison county allocates a portion of our fundraising costs to program services. As a nonprofit organization that is exempt from federal taxation, we ensure our donors' money is spent efficiently and effectively as possible. Additionally, we have certain expenses that cannot be billed separately for each functional area. Rent, utilities, information technology and other costs are grouped together. We allocate these costs in compliance with generally accepted accounting principles, or gapp, across the program (including habitat restore), management and general, and fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, habitat for humanity of madison county divides the number of hours spent on a project outside of a staff member's designated category by the total hours worked during that period and allocates that percentage of costs to the appropriate expense category.”

“Homeownership program: families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized. They are large enough for the homeowner family's need, but small enough to keep construction and maintenance costs affordable. By using labor of volunteers and prospective homeowners, employing efficient building methods, keeping house sizes modest, using donated construction materials and appliances, and issuing no-profit loans, habitat makes its houses affordable for low-income families to purchase. Affordable homeownership helps create conditions that free families from instability, stress and fear and encourage self-reliance and confidence. Studies show that strong and stable households are fundamental to child development and growth. When a home fosters-instead of hinders-health and safety, families can flourish. Owning an affordable home also allows homeowners to lift up their entire family by saving for their futures and investing in education opportunities, bolstering job opportunities and career growth. During fiscal year 2025, habitat for humanity of madison county served more than 40 people through its long-term homeownership program.”

“Resale cost of sales 14,630 resale cost of sales -14,630”