Syringa Housing Corporation

Charity Navigator Rating: 53%

Syringa Housing Corporation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a low overall score, primarily due to the absence of financial statements and a missing website listed on its tax form, which are critical for transparency. The organization does have a high program expense ratio, suggesting that a substantial portion of its budget goes directly to its programs.

Strengths include a majority of independent board members in terms of size, as well as the presence of a conflict of interest policy and documented board meeting minutes. However, the lack of independent oversight and financial disclosures raises red flags about governance and fiscal responsibility.

Additionally, the absence of a whistleblower policy and the failure to provide tax documents on its website further diminish the organization’s credibility. Given these limitations, potential donors and stakeholders may want to proceed with caution, ensuring that their contributions are used effectively and transparently.

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

Syringa Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Syringa 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

For more financial information, click here