Overview
What is Bakersfield Senior Housing Inc?
Bakersfield Senior Housing Inc, a California-based nonprofit organization, was established with the intention of providing housing for low-income elderly individuals. Located in Bakersfield, California, the corporation operates an 80-unit project named Lowell Place, in compliance with Section 202 of the National Housing Act. This initiative aims to cater to the housing needs of elderly people with limited financial resources, thereby contributing to their well-being and overall quality of life.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Bakersfield Senior Housing Inc has received a solid rating of 81%, categorized as a Three-Star charity, based primarily on its Accountability & Finance score. The organization shows strong governance with a fully independent board and effective oversight mechanisms, including an Audit and Oversight Committee, which indicates good practices in financial management and accountability.
The nonprofit demonstrates fiscal responsibility with a program expense ratio of 86.82%, suggesting that a significant portion of its budget is directed towards its mission. It has well-established policies in place, such as conflict of interest and whistleblower policies, which further reinforce its commitment to transparency and ethical operations.
However, the high salaries of key personnel may raise concerns among some donors regarding the allocation of funds. While strong governance and financial health are evident, these salary figures could lead to questions about the efficiency of resource use relative to the organization's overall mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bakersfield Senior Housing Inc legitimate?
Bakersfield Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bakersfield 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: $0
For more financial information, click here
Official website here: www.rhf.org
What is the mission statement of Bakersfield Senior Housing Inc?
Bakersfield Senior Housing Inc, as a non-profit corporation, was established in compliance with California's not-for-profit statutes. Its primary purpose is to manage and operate a 80-unit housing project called Lowell Place, which is situated in Bakersfield, California. This project is designed to provide affordable housing for low-income elderly individuals, in alignment with Section 202 of the National Housing Act. The organization's mission is to offer a living space that caters to the needs of this specific demographic, aiming to enhance their quality of life.
Official website here: www.rhf.org
Who is the CEO of Bakersfield Senior Housing Inc?
Hartman Stuart J is the CEO of Bakersfield Senior Housing Inc The CEO's salary of Bakersfield Senior Housing Inc is $0 and their total compensation is $685,724.
Official website here: www.rhf.org
What is the revenue of Bakersfield Senior Housing Inc?
Bakersfield Senior Housing Inc's revenue in 2023 was $728,726.
Official website here: www.rhf.org
Who are the executives of Bakersfield Senior Housing Inc and what are their salaries?
Here are 35 key members and their salaries (Bakersfield Senior Housing Inc's CEO's salary is $0 and their total compensation is $685,724):
- Compensation: $0
- Related: $617,596
- Other: $68,128
- Compensation: $0
- Related: $440,286
- Other: $49,216
- Compensation: $0
- Related: $378,582
- Other: $25,235
- Compensation: $0
- Related: $259,219
- Other: $21,908
- Compensation: $0
- Related: $246,158
- Other: $37,102
- Compensation: $0
- Related: $248,822
- Other: $40,606
- Compensation: $0
- Related: $245,158
- Other: $41,335
- Compensation: $0
- Related: $242,093
- Other: $46,746
- Compensation: $0
- Related: $239,642
- Other: $49,191
- Compensation: $0
- Related: $228,362
- Other: $48,817
- Compensation: $0
- Related: $223,831
- Other: $4,520
- Compensation: $0
- Related: $210,648
- Other: $3,734
- Compensation: $0
- Related: $209,162
- Other: $18,816
- Compensation: $0
- Related: $197,200
- Other: $19,731
- Compensation: $0
- Related: $184,618
- Other: $4,763
- Compensation: $0
- Related: $177,682
- Other: $5,331
- Compensation: $0
- Related: $177,323
- Other: $16,482
- Compensation: $0
- Related: $173,077
- Other: $5,192
- Compensation: $0
- Related: $166,856
- Other: $23,842
- Compensation: $0
- Related: $168,542
- Other: $19,443
- Compensation: $0
- Related: $153,750
- Other: $18,784
- Compensation: $0
- Related: $151,652
- Other: $6,199
- Compensation: $0
- Related: $153,972
- Other: $18,804
- Compensation: $0
- Related: $147,014
- Other: $18,185
- Compensation: $0
- Related: $143,382
- Other: $17,693
- Compensation: $0
- Related: $137,523
- Other: $16,437
- Compensation: $0
- Related: $137,151
- Other: $16,749
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Bakersfield Senior Housing Inc?
Bakersfield Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of Bakersfield Senior Housing Inc
Bakersfield Senior Housing Inc, a not-for-profit corporation, was established in compliance with California's not-for-profit statutes. Its primary purpose is to manage an 80-unit housing project named Lowell Place, situated in Bakersfield, California. This project is dedicated to providing affordable housing for low-income elderly individuals, in line with Section 202 of the National Housing Act. The organization's mission is to ensure that senior citizens with limited financial resources can live in a safe and comfortable environment, promoting their overall well-being and independence.
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Impact
July, 2024
Bakersfield Senior Housing Inc's impact can be seen in the provision of housing for low-income elderly persons through its 80-unit project known as Lowell Place in Bakersfield, California. By offering affordable housing in accordance with Section 202 of the National Housing Act, the organization contributes significantly to addressing the housing needs of the elderly population in the area. This initiative not only provides a safe and comfortable living environment for seniors but also helps enhance their overall well-being and quality of life.
This information is meant to be a general summary of Bakersfield Senior Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,369
- Program Service Revenue: $303,725
- Gross Receipts: $728,726
Assets and Liabilities:
- Total Assets: $4,010,713
- Total Liabilities: $7,305,160
- Net Assets: -$3,294,447
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$303,725
Organization Details
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