Milliken Affordable Housing Inc

Charity Navigator Rating: 74%, Two-Star out of Four Star rating.

Milliken Affordable Housing Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management within the organization. The rating is based solely on its Accountability & Finance score, which is 74%. A significant concern highlighted is the absence of independent board members, which may impact governance and oversight.

Despite the governance issues, the organization demonstrates strong financial responsibility, with a program expense ratio of 99.57%, indicating that nearly all of its expenditures are directed towards its programs. Additionally, the organization has no material diversion of assets, further reflecting its commitment to financial integrity. However, key documentation like the tax form and its website are not made available, which could hinder transparency.

The organization does have policies in place regarding conflicts of interest, whistleblowers, and document retention, suggesting that it prioritizes ethical management practices. Nevertheless, the lack of independent oversight and missing publicly accessible financial documents could be areas for improvement as the organization seeks to enhance its accountability and trust within the community.

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

Milliken Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milliken Affordable Housing Inc submitted a form 990EZ, 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.