Adirondack Housing Development Fund Co Inc

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

Adirondack Housing Development Fund Co Inc has received a commendable rating of 80% from Charity Navigator, reflecting strong performance in accountability and finance. The rating indicates that the organization effectively manages its resources, with a remarkable program expense ratio of nearly 82%, suggesting that the majority of funds are directed towards its mission-related activities.

The nonprofit demonstrates a commitment to governance, as evidenced by its independent board members, who score a perfect 10 out of 10. Additionally, the organization maintains a solid conflict of interest policy and documents board meeting minutes, which are key indicators of transparency and responsible management.

While the organization excels in financial management and governance, the overall rating is solely derived from its accountability and finance score. This focus means that potential donors may want to seek more information about the organization’s programmatic impact and effectiveness in achieving its objectives.

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

Adirondack Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adirondack Housing Development Fund Co 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: $11,997
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,900

For more financial information, click here