Senior Housing Of New Hampshire Inc

Charity Navigator Rating: Needs Improvement

Senior Housing Of New Hampshire Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various accountability and financial aspects. While the organization demonstrates strong governance with a fully independent board and adheres to the requirement of having an audit and oversight committee, it lacks essential policies such as conflict of interest and whistleblower protections, which are critical for organizational integrity.

The organization’s financial efficiency is commendable, with a program expense ratio of 86.03%, suggesting that a substantial portion of its resources is directed towards its programs. However, the liabilities to assets ratio is concerning at 163.16%, signaling potential financial instability. This could raise questions among stakeholders about the sustainability of the organization in the long term.

While the nonprofit has made strides in certain areas of governance and program implementation, the absence of key policies and a high liabilities ratio highlight significant areas for growth and development. Addressing these weaknesses could enhance trust and effectiveness, ultimately leading to better outcomes for those it serves.

This AI summary has been generated from information found on Charity Navigator.

Senior Housing Of New Hampshire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Housing Of New Hampshire 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.

Heare are some key statistics you may want to consider:

Executive Compensation: $127,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.meredithbaycolonyclub.org