Habitat for Humanity St Tammany West
Nonprofit profile at a glance
- EIN
- 720921695
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Mandeville, LA, USA
- Phone
- 9858881214
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,940,352
- Expenses
- $5,304,950
- Assets
- $5,551,986
- Liabilities
- $1,601,150
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- TERRI GAGE (PRESIDENT/CEO)
Highest reported compensation
- TERRI GAGE (PRESIDENT/CEO): $124,180 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization sells safe, decent, and affordable housing by identifying qualified partner families in need, acquiring building sites, and constructing homes that are sold to the partner family with no profit to the organization. Habitat carries the [cont'd on sch. O] no-interest mortgage on the property, and habitat also sells low cost building materials and gently used household goods to partner families and the general public in it's restore.
What it reported doing in 2024
Homeowner services: the organization operates the st. Tammany homeownership center, which provides services to both low and moderate income homebuyers. The homeownership center helps people explore, prepare for, and sustain successful homeownership. This includes pre-purchase counseling, homebuyer training, and post-purchase counseling. In addition to the partner families that purchased habitat homes this fiscal year, the homeownership center also helped fifteen families achieve homeownership using other affordable mortgage products. In june 2020, the st. Tammany homeownership center was approved as a hud local housing counseling agency, currently the only such approved agency in st. Tammany parish.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.8%; rating input score 96
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $4.48 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7.4%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: -5.7% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 95.8% of revenue deployed · 86.2% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $4.6M in reported program spending
- Leadership: top reported pay $124K · 14 people listed
- Highest-paid contractors: 5 contractors listed · $772K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.