Glen Rock Senior Citizen Housing Corporation

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Glen Rock Senior Citizen Housing Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 94%, the organization demonstrates a commitment to transparency and effective financial management, which is crucial for building trust with donors and stakeholders.

The rating indicates that the nonprofit has a well-structured governance framework, highlighted by a wholly independent board comprising nine members. The organization also excels in its financial practices, as evidenced by its high program expense ratio of 92.90%, ensuring that the majority of its funds are directed toward its mission of supporting senior citizens.

Despite these strengths, the rating underscores that the overall score is derived solely from financial accountability without evaluating other operational aspects. This focus may limit insight into the organization's program effectiveness or community impact, which are also important factors to consider when assessing the overall efficacy of a nonprofit.

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

Glen Rock Senior Citizen Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glen Rock Senior Citizen 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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