Elmwood Park Senior Complex Inc

Charity Navigator Rating: 69% (Two-Star out of Four Stars)

Elmwood Park Senior Complex Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and finance, there are significant areas that require improvement. The charity's financial statements reflect effective oversight, with an independent board and a good program expense ratio of 85.70%, suggesting that a large portion of its resources is directed towards its mission.

However, the organization faces critical weaknesses that impact its overall rating. Notably, it lacks essential policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which could undermine its accountability. Additionally, the high liabilities to assets ratio of 267.64% raises concerns about its financial health and sustainability.

While Elmwood Park Senior Complex Inc shows promise in its financial management and governance structure, the absence of key policies and a concerning liability ratio highlight the need for further transparency and stronger financial practices to enhance accountability and trust among stakeholders.

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

Elmwood Park Senior Complex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elmwood Park Senior Complex 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: $219,395

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