Corry Community Development Corporation

Charity Navigator Rating: 73%, Two-Star out of Four Star rating

Impact Corry has received a Two-Star rating, indicating a moderate level of accountability and financial health. With a solid 87.92% program expense ratio, the organization effectively allocates a significant portion of its funds toward its programs, which is a strong point in their favor. Additionally, the organization features an independent board with a full complement of members, demonstrating a commitment to governance.

However, there are notable areas of concern that have impacted their overall rating. The absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises questions about the organization's internal controls and ethical practices. Moreover, the nonprofit's website is not listed on its tax form, nor is the tax form posted on its website, which limits transparency for potential donors and stakeholders.

Overall, while Impact Corry demonstrates strengths in financial management and governance structure, it needs to address significant gaps in policy development and transparency to enhance its accountability and trustworthiness in the nonprofit sector.

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

Corry Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corry Community Development 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: $36,250

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