Yonkers Community Housing Developme Organization Inc

Charity Navigator Rating: One-Star out of Four Stars (58%)

Yonkers Community Housing Development Organization Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization excels in certain areas, such as having a fully independent board and a high program expense ratio, it struggles with transparency and regulatory compliance, as evidenced by missing key policies and a website listed on its tax form.

The organization's strong performance in program expenses suggests that nearly all of its funds are directed toward its mission. However, this is overshadowed by its liabilities to assets ratio, which indicates financial instability and raises concerns about its long-term sustainability. The absence of critical policies, including conflict of interest and whistleblower protections, further detracts from its accountability ratings.

Overall, while Yonkers Community Housing Development Organization Inc demonstrates a commitment to its programs, the lack of essential governance measures and financial risks pose significant drawbacks. Potential donors and supporters may want to consider these factors carefully before contributing.

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

Yonkers Community Housing Developme Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yonkers Community Housing Developme Organization 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: $0

For more financial information, click here