Maineville Elderly Inc

Charity Navigator Rating: 55%, One-Star out of Four Star rating. Maineville Elderly Inc has received a low overall score reflecting significant areas of concern, particularly in the accountability and finance sector. The charity scores well in certain areas, such as having a majority of independent board members and a high program expense ratio, which indicates that most of its funds are allocated toward its programs.

However, the organization falls short in critical areas such as board size independence, transparency regarding financial documents on its website, and having established policies for whistleblower and document retention. These limitations suggest potential governance issues that may affect the charity's operations and public trust.

While the charity has a strong commitment to its mission, as evidenced by its program expenses, the lack of transparency and inadequate financial governance practices raise concerns for potential donors. To improve its rating, Maineville Elderly Inc would benefit from addressing these governance deficiencies and enhancing its overall accountability measures.

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

Maineville Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maineville Elderly 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: $94,248

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