Pigg River Community Development Corporation

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

The Pigg River Community Development Corporation has received a "Needs Improvement" rating from Charity Navigator, indicating that while it shows some strengths, there are significant areas for enhancement. Notably, the organization boasts a high program expense ratio of 99.06%, which suggests that most of its expenditures are directed towards its programs rather than administrative costs. Additionally, it has a perfect score for the majority of its board members being independent and for having no material diversion of assets.

However, the organization faces critical shortcomings in transparency and governance practices. The absence of essential policies such as conflict of interest, whistleblower, and document retention policies has negatively impacted its overall score. Furthermore, the charity's website is not listed on its tax form, and it has failed to post important documents like tax forms on its website, which further raises concerns about accountability.

Overall, while the Pigg River Community Development Corporation demonstrates a commitment to its programs, it must address its governance and transparency deficiencies to improve its ratings and build greater trust with stakeholders.

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

Pigg River Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pigg River Community Development 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.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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