Caldwell County Habitat for Humanity

Legal name: Caldwell County Habitat for Humanity Inc

Nonprofit profile at a glance

EIN
561760354
IRS 990 coverage
2011–2023
Official website data refreshed
Sep 2026
Forms available
Form 990 2023
Location
Lenoir, NC, United States
Phone
828-758-8757
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,561,531
Expenses
$1,509,182
Assets
$4,813,295
Liabilities
$1,596,107

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • LEWIS WRIGHT (PRESIDENT)

Highest reported compensation

  • PETE KIDDER (COO): $105,869 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities and hope. Carpenter’s Club is the foundation for Caldwell County Habitat for Humanity. Through monthly recurring donations, Carpenter’s Club members provide Caldwell County Habitat with a consistent and reliable source of funding that allows us to effectively carry on our mission of building affordable housing in our community. Listed below are our current Carpenter’s Club members: Vivian Armfield. One of them, the homeowner’s son, badly wanted to help with the construction, and Ferguson allowed the child and another boy to help nail the walls, said Peter Kidder, executive director of Lenoir’s Habitat chapter. “So there are approximately an extra 20 or 30 pounds of nails in that house because those boys went through every single wall and nailed it down about three times ... [.

What it reported doing in 2023

Construction and direct program costs

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.9%; rating input score 78
  • Program expense ratio: 79.5%; rating input score 79
  • Fundraising efficiency: $7,396.69 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.4%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 3.19; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 17.7% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 77.9% of revenue deployed · 79.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $106K · 13 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 13 filing years from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 47/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.