Elderly Housing Inc

Charity Navigator Rating: 80% (Three-Star out of Four Star rating). This rating indicates that Elderly Housing Inc demonstrates a solid level of accountability and financial health, largely based on its strong performance in the Accountability & Finance category. The organization has no material diversion of assets, and it maintains a high percentage of program expenses relative to total expenses, signaling effective use of funds toward its mission.

Elderly Housing Inc has achieved notable success in governance, with an entirely independent board of members and a strong conflict of interest policy in place. This fosters transparency and trust within the organization. The board’s effective oversight is further demonstrated by their documentation of meeting minutes, which is crucial for operational accountability.

However, while the organization’s financial health appears strong, the rating is based solely on the Accountability & Finance score, without additional metrics for other aspects such as program impact or community feedback. This may limit a comprehensive understanding of the charity's overall effectiveness in serving its mission.

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

Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderly 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: $0

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