Kalamazoo Area Housing Corporation

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating. The Kalamazoo Area Housing Corporation has received a solid rating primarily based on its accountability and finance practices. This score reflects a strong commitment to transparency and effective management of resources, as indicated by their 100% independent board members and the absence of any material diversion of assets.

The organization demonstrates commendable governance practices with well-documented policies, including conflict of interest, whistleblower, and document retention policies, all receiving top scores. Additionally, their program expense ratio is noteworthy, indicating that virtually all of their expenditures directly support their mission.

However, it is important to note that their liabilities to assets ratio is relatively low at 64.54%, which may suggest some financial vulnerabilities. While the overall financial health appears to be managed well, potential donors and stakeholders should consider this aspect when evaluating the organization's long-term sustainability.

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

Kalamazoo Area Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kalamazoo Area Housing 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: $0

For more financial information, click here