South Texas Housing And Community Development Corp

Charity Navigator Rating: 79%, Three-Star out of Four Star rating.

South Texas Housing And Community Development Corp has received a solid score of 79%, reflecting a strong commitment to accountability and finance within the organization. The rating is based solely on their Accountability & Finance score, indicating effective management of funds and transparency in operations.

The organization boasts a fully independent board, with 100% of its members meeting this criterion, and has successfully implemented several key governance policies, including conflict of interest and whistleblower policies. Additionally, the organization has demonstrated prudent financial practices, evidenced by a low liabilities to assets ratio and an impressive program expense ratio of 99.75%, suggesting that the majority of its funds are directed toward its charitable programs.

While the overall score is commendable, it is important for potential donors and supporters to consider the single focus of the rating on financial management. Stakeholders may seek further information on other operational aspects and programmatic impact to gain a fuller understanding of the organization’s effectiveness in serving the community.

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

South Texas Housing And Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Texas Housing And Community Development Corp 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: $157,781

For more financial information, click here