Mason Housing Inc

Charity Navigator Rating: Needs Improvement

Mason Housing Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas requiring significant enhancement, particularly in accountability and financial transparency. While the organization boasts a fully independent board and excellent scores in areas such as the audit and oversight committee, it lacks essential policies like a whistleblower and document retention policy. These gaps suggest potential vulnerabilities in governance practices.

The organization performs well in terms of program expenses, allocating nearly 97% of its budget to programs, which reflects a strong commitment to its mission. However, the liabilities to assets ratio is concerning at over 170%, which raises questions about financial stability and long-term sustainability. Addressing these financial metrics may be critical for improving its overall rating.

In summary, while Mason Housing Inc demonstrates solid governance in certain aspects, the absence of key policies and a high liabilities ratio point to areas that need urgent improvement. Focusing on bolstering its accountability measures and financial health could enhance its performance and better serve its community.

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

Mason Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mason Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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