Rosale Housing Development Fund Corporation

Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating indicates that while the organization has some positive attributes, there are significant areas for improvement, particularly in governance and transparency. The Accountability & Finance score of 71 suggests that the organization meets basic financial standards, but the lack of independent board members raises concerns about oversight and decision-making.

The organization has demonstrated strengths in its operational efficiency, with a program expense ratio of 87.49%, indicating that a substantial portion of its funds is directed towards its programs. This is a positive aspect, suggesting that the organization is focused on fulfilling its mission. Additionally, it has effective policies in place regarding conflict of interest, whistleblower protections, and document retention, which contribute to its governance framework.

However, the absence of independent board members and the missing tax form and website on the nonprofit's documentation highlight significant limitations. These issues could affect stakeholder confidence and the organization's overall accountability. Additionally, the lack of publicly available board meeting minutes further detracts from the transparency expected from nonprofits in the sector.

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

Rosale Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosale Housing Development Fund Corporation 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: $52,998

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