Catholic Housing Authority Of Montgomery Inc

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

The Catholic Housing Authority of Montgomery Inc has received a low rating of 52%, indicating significant areas of concern regarding its financial accountability and transparency. While the organization scores well in board independence and has no noted material diversion of assets, it faces serious deficiencies in providing accessible financial statements and necessary governance policies.

The organization has shown a commendable program expense ratio of 96.40%, suggesting it allocates the majority of its resources to its programs. However, the lack of financial statements and the absence of a website listed on its tax form raise questions about its transparency and communication with stakeholders. Additionally, the missing conflict of interest and whistleblower policies highlight a need for improved operational governance.

Overall, while the Catholic Housing Authority of Montgomery Inc demonstrates strength in program spending and board independence, its low overall rating signals a need for enhanced financial reporting and governance practices to build trust and ensure accountability to its supporters and the community it serves.

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

Catholic Housing Authority Of Montgomery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Housing Authority Of Montgomery 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: $258,114

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