Mckee Street Apartments Inc

Charity Navigator Rating: 48%

Mckee Street Apartments Inc has received a low score of 48%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization’s accountability and financial practices. Particularly troubling are the absence of independent board members and the lack of key policies, such as conflict of interest and whistleblower protections, which are critical for ensuring transparency and ethical governance.

Despite some strengths, such as a favorable program expense ratio, the organization falls short in several areas that contribute to its overall rating. The lack of a publicly accessible website for important documents, including tax forms, raises questions about its operational transparency. Additionally, the liabilities to assets ratio indicates potential financial risk, which is a significant red flag for prospective donors.

Overall, while Mckee Street Apartments Inc may engage in valuable programming, the organizational weaknesses highlighted by its rating suggest a need for substantial improvements in governance and financial accountability to foster trust and ensure effective use of resources.

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

Mckee Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mckee Street Apartments 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: $16,000

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