Park Ridge Housing Development Fund Inc

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Park Ridge Housing Development Fund Inc has received a favorable score of 81%, reflecting strong accountability and financial management practices. The rating is based entirely on their Accountability & Finance metrics, indicating that the organization excels in being transparent and responsible with its financial resources.

One notable strength is the organization’s governance, with 83% of its board members being independent, ensuring a balanced oversight. They have established robust policies, such as conflict of interest and whistleblower protections, and maintain clear documentation practices, all contributing to their accountability. The high program expense ratio of 84.86% suggests that a significant portion of their funding is directed towards their programs rather than administrative costs.

However, while the overall score is commendable, it is derived solely from financial metrics, which may not provide a complete picture of the organization's impact and effectiveness in program delivery. Potential donors and stakeholders should consider looking into qualitative assessments or direct program outcomes to gain a fuller understanding of the organization's contributions to the community.

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

Park Ridge Housing Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Ridge Housing Development Fund 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: $130,604

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Official website here: www.rochesterregional.org