Poweshiek Area Housing Inc

Charity Navigator Rating: 75%, Three-Star out of Four Star rating. The Poweshiek Area Housing Inc has earned a solid Three-Star rating, reflecting its commitment to accountability and financial transparency. With a score of 75% in the Accountability & Finance category, the organization has demonstrated strong governance practices, including a fully independent board and effective audit and oversight measures.

Strengths in the evaluation include a high program expense ratio of 83.27%, indicating that the majority of its funds are allocated toward its mission-related activities. The organization also has policies in place for whistleblower protection and document retention, which further underscore its commitment to ethical operations. Additionally, it has shown no material diversion of assets, maintaining a transparent financial environment.

However, there are noted limitations regarding its liabilities to assets ratio and the absence of a public tax form on its website, which contributed to lower scores in those areas. Specifically, the liabilities to assets ratio was notably high at 118.16%, which may raise concerns about financial stability. Addressing these issues could enhance the organization's overall rating and public confidence.

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

Poweshiek Area Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poweshiek Area Housing 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: $26,049

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