Southeast Industrial Development Association

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

The Southeast Industrial Development Association has received a low rating of 56%, reflecting challenges in its financial management and program expenditures. Notably, the organization excels in areas such as having a fully independent board and robust policies for conflict of interest and whistleblower protections, indicating a commitment to governance and transparency.

However, significant concerns arise from its financial performance, particularly a low program expense ratio of 23.06% which suggests that a limited portion of its resources is directed towards its charitable programs. Additionally, the organization has failed to post its tax form on its website, which detracts from transparency and accountability, critical factors for donor trust and engagement.

While the organization demonstrates strong governance practices, the weaknesses in financial management and communication may hinder its effectiveness and reputation. Prospective donors should consider these factors when evaluating their support.

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

Southeast Industrial Development Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Industrial Development Association 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.seida.info