Obion County Joint Economic Development Corporation

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

The Obion County Joint Economic Development Corporation has received a 69% rating from Charity Navigator, which reflects a Two-Star designation. This score indicates that while the organization demonstrates some strengths, particularly in governance and program expenses, there are notable weaknesses in its accountability and financial transparency. The organization has a commendable independent board composition, with all members meeting this criterion and a healthy liabilities to assets ratio of 0.00%.

However, the organization faces significant challenges regarding its transparency practices. It has not made financial statements available, which severely impacts its financial accountability score. Additionally, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about governance practices. While it has maintained a program expense ratio of 100%, emphasizing its commitment to its mission, the lack of financial documentation and transparency policies may hinder its credibility with potential donors and stakeholders.

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

Obion County Joint Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Obion County Joint Economic 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: $175,475

For more financial information, click here

Official website here: www.obioncounty.org