Cathedral Hill Housing Corporation

Charity Navigator Rating: Needs Improvement

Cathedral Hill Housing Corporation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. This rating reflects strong accountability practices, including a fully independent board and effective financial oversight, evidenced by high scores in areas such as independent board size and material diversion of assets. Additionally, the organization has a commendable program expense ratio of 89.20%, indicating that a significant portion of its resources is directed towards its mission.

However, the organization faces notable challenges, particularly in its financial transparency and governance policies. The liabilities to assets ratio is concerning at 122.82%, which may indicate financial instability. Furthermore, critical documents such as the tax form, conflict of interest policy, whistleblower policy, and document retention policy are missing from their website, raising questions about overall compliance and internal control measures.

In summary, while Cathedral Hill Housing Corporation demonstrates strengths in certain governance aspects and program spending, its financial health and transparency practices require significant improvement to enhance its overall effectiveness and accountability to stakeholders.

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

Cathedral Hill Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cathedral Hill Housing 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: $0

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