Rensselaer Community Rec Corp

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

Rensselaer Community Rec Corp has received a 73% rating from Charity Navigator, signifying a Two-Star rating. This score reflects the organization's strong accountability and finance practices, notably achieving full points for having a majority of independent board members, a robust program expense ratio of 98.20%, and maintaining a low liabilities to assets ratio. These strengths indicate a focus on utilizing funds effectively towards its mission.

However, the nonprofit faces notable limitations in governance practices. It has not established essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the organization did not provide certain information on its website, such as the tax form, which detracts from transparency.

Overall, while Rensselaer Community Rec Corp demonstrates strong financial management and accountability, the lack of critical governance policies and transparency measures could raise concerns for potential donors and stakeholders. Addressing these gaps may improve its rating and public perception in the future.

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

Rensselaer Community Rec Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rensselaer Community Rec Corp 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: $1,375

For more financial information, click here