Eastern Connecticut Housing

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Eastern Connecticut Housing has received a solid Three-Star rating from Charity Navigator, driven primarily by its strong performance in accountability and finance. With an impressive score of 86 in this category, the organization demonstrates effective financial management practices, including having a fully independent board and a high program expense ratio of 88.63%, indicating that a significant portion of its funds are directed toward its programs.

However, the organization does have some areas that require attention. Notably, it lacks certain policies such as a whistleblower policy and document retention and destruction policy, which are essential for comprehensive accountability practices. Additionally, the absence of its tax form on the nonprofit's website could hinder transparency efforts, despite the organization maintaining documented board meeting minutes.

Overall, while Eastern Connecticut Housing showcases strong governance and financial health, addressing its policy gaps could further enhance its accountability and public trust.

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

Eastern Connecticut Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Connecticut Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,039

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Official website here: www.none