Nhhi - Mankato Barrier Free Housing Corporation

Charity Navigator Rating: 48% (Zero-Star out of Four Star rating)

Nhhi - Mankato Barrier Free Housing Corporation has received a low rating of 48% from Charity Navigator, indicating significant concerns in its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, further detracts from its accountability.

Despite its governance issues, the organization demonstrates a strong commitment to its programs, with an impressive program expense ratio of 88.66%, meaning the majority of its expenditures directly support its mission. This focus on programming suggests that funds are being utilized effectively for the intended purpose of providing barrier-free housing solutions.

However, the high liabilities to assets ratio of 272.13% poses a potential risk to its financial health. Overall, while the organization is making a notable effort in program delivery, significant improvements in governance and financial transparency are necessary to enhance its credibility and operational stability.

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

Nhhi - Mankato Barrier Free Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhhi - Mankato Barrier Free 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: $96,349

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Official website here: www.nhhiaccessiblehousing.com