Shelby Senior Housing Inc

Charity Navigator Rating: Needs Improvement (69%)

Shelby Senior Housing Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and governance. The organization maintains a high level of accountability, with 100% of its board members being independent, and it scores well on financial statement audits and the absence of asset diversions. Additionally, the program expense ratio is strong, suggesting that a significant portion of its funds is directed towards its mission.

However, there are notable weaknesses in the organization’s policies and financial health. The absence of a conflict of interest policy, whistleblower policy, and document retention policy points to governance gaps that could affect transparency and accountability. Furthermore, the organization has a concerning liabilities to assets ratio of 151.35%, which may raise red flags about its financial stability.

Overall, while Shelby Senior Housing Inc demonstrates strengths in certain governance areas and program expenses, the organization must address its policy deficiencies and financial ratios to enhance its standing and trustworthiness in the nonprofit sector.

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

Shelby Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelby Senior 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: $97,376

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Official website here: www.spm.net