Geneva General Housing Development Fund

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

The Geneva General Housing Development Fund has received a solid rating of 79%, indicating a fair level of accountability and financial health. The rating is based entirely on the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible financial practices. A significant strength includes the presence of a fully independent board, scoring full points in both size and majority independent members, which suggests strong governance.

In terms of financial management, the organization has established robust policies such as conflict of interest and whistleblower protections, both of which received full marks. Furthermore, the fund shows no material diversion of assets, reflecting sound operational practices. However, a notable limitation is the high liabilities to assets ratio at 89.09%, which indicates potential financial risk and may raise concerns about the organization’s long-term sustainability.

Overall, while the Geneva General Housing Development Fund demonstrates strong governance and transparency, stakeholders may want to consider its financial ratios when assessing its stability and capacity to fulfill its mission in the community.

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

Geneva General Housing Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geneva General Housing Development Fund 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: $101,911

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