Big Rapids Housing Commission

Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)

The Big Rapids Housing Commission has achieved a Three-Star rating from Charity Navigator, indicating a moderate level of effectiveness and accountability. The rating is based entirely on a single beacon score, focusing on Accountability & Finance. The organization scored particularly well in areas such as having a majority of independent board members and maintaining transparency with their documentation.

Strengths of the organization include a complete board composed entirely of independent members, absence of material asset diversion, and adherence to essential governance policies like conflict of interest and document retention. However, a notable limitation is the absence of a whistleblower policy, which could potentially undermine organizational accountability.

Financially, the commission shows a solid commitment to program expenses, with 78.04% of its budget allocated to programs. However, its liabilities to assets ratio of 66.88% suggests potential financial challenges that could be worth monitoring. Overall, while the organization demonstrates strong governance practices, addressing its weaknesses in policy could enhance its operational integrity.

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

Big Rapids Housing Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Rapids Housing Commission 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: $3,090

For more financial information, click here

Official website here: www.bigrapidshousing.org