Overview
What is Desmet Rhf Housing Inc?
Desmet Rhf Housing Inc is a nonprofit organization based in Long Beach, California, specifically at 911 N Studebaker Road, CA 90815. Their primary mission is to offer quality living accommodations for senior citizens. This includes both independent living units and assisted living units, totaling 84 units, situated in Florissant, Missouri. The organization is deeply rooted in faith and values, which they incorporate into their treatment of residents and staff. As a part of the Retirement Housing Foundation (RHF), one of the nation's largest non-profit providers of housing and services for older adults, persons with disabilities, and low-income families, Desmet Rhf Housing Inc strives to create an environment that enhances the overall well-being of its residents, both physically, mentally, and spiritually. With a dedicated workforce of 20 individuals, the organization is committed to providing nursing and housing services for senior citizens.
Official website here: www.desmetretirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
Desmet Rhf Housing Inc has received a rating of 66%, indicating a need for improvement in various aspects of its operations. While it scores well in areas such as having a fully independent board and maintaining several key policies, its overall financial transparency is lacking, particularly due to missing financial statements and tax forms. This lack of accountability can be a concern for potential donors who prioritize transparency.
The organization demonstrates a strong commitment to governance, with all board members being independent and policies in place for conflict of interest, whistleblower protection, and document retention. Additionally, it effectively directs a significant majority of its resources to its programs, boasting a program expense ratio of 82.47%. This suggests that the majority of funds are being utilized for their intended purposes, which is a positive aspect of their operation.
However, the financial health of Desmet Rhf Housing Inc raises some red flags, particularly with a liabilities to assets ratio of 215.54%, indicating that the organization may face financial challenges. This, combined with the absence of essential financial disclosures, limits the overall transparency and could impact the organization's ability to attract support from donors who seek assurance of financial stability and responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Desmet Rhf Housing Inc legitimate?
Desmet Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Desmet Rhf 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: $325,149
For more financial information, click here
Official website here: www.desmetretirement.org
What is the mission statement of Desmet Rhf Housing Inc?
Desmet Rhf Housing Inc's mission is centered around providing housing options for older adults, aiming to enhance their quality of life in a holistic manner, encompassing physical, mental, and spiritual aspects. The organization operates in an environment that prioritizes the well-being of its senior citizens. Desmet Rhf Housing Inc strives to offer high-quality living accommodations within a multi-level retirement community, consisting of independent living units and assisted living units. As a faith-based, mission-driven community, they incorporate their roots and values into their interactions with residents and staff. Desmet Retirement Community, a part of Desmet Rhf Housing Inc, is proud to be a Retirement Housing Foundation (RHF) community, one of the nation's largest non-profit providers of housing and services for older adults, persons with disabilities, and low-income families.
Official website here: www.desmetretirement.org
Who is the CEO of Desmet Rhf Housing Inc?
Stuart Hartman is the Principal Officer of Desmet Rhf Housing Inc. The CEO's salary of Desmet Rhf Housing Inc is $0 and their total compensation is $399,323.
Official website here: www.desmetretirement.org
What is the revenue of Desmet Rhf Housing Inc?
Desmet Rhf Housing Inc's revenue in 2022 was $756,374.
Official website here: www.desmetretirement.org
Who are the executives of Desmet Rhf Housing Inc and what are their salaries?
The average compensation at Desmet Rhf Housing Inc during 2022 was $16,257. There are 20 employees and 12 volunteers at Desmet Rhf Housing Inc.
Here are 28 key members and their salaries (Desmet Rhf Housing Inc's CEO's salary is $0 and their total compensation is $399,323):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $215,329
- Other: $22,887
- Compensation: $0
- Related: $370,863
- Other: $28,460
- Compensation: $0
- Related: $529,406
- Other: $72,819
- Compensation: $0
- Related: $249,358
- Other: $38,027
- Compensation: $0
- Related: $220,808
- Other: $2,920
- Compensation: $0
- Related: $285,306
- Other: $23,599
- Compensation: $0
- Related: $184,532
- Other: $14,950
- Compensation: $0
- Related: $225,577
- Other: $40,729
- Compensation: $0
- Related: $400,678
- Other: $45,884
- Compensation: $0
- Related: $228,343
- Other: $34,063
- Compensation: $0
- Related: $174,418
- Other: $13,813
- Compensation: $0
- Related: $165,932
- Other: $16,120
- Compensation: $0
- Related: $178,388
- Other: $16,625
- Compensation: $0
- Related: $215,812
- Other: $30,308
- Compensation: $0
- Related: $199,807
- Other: $40,223
Official website here: www.desmetretirement.org
Where can I find the form 990 for Desmet Rhf Housing Inc?
Desmet Rhf Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.desmetretirement.org
Learn more at the official website: www.desmetretirement.org
Mission Statement of Desmet Rhf Housing Inc
Desmet Rhf Housing Inc, a faith-based and mission-driven organization, is dedicated to providing housing options for older adults. Their mission is to enhance the quality of life for senior citizens, not just physically but also mentally and spiritually. They strive to create an environment that caters to the needs of older adults, offering a retirement community that comprises 55 independent living units and 29 assisted living units. Desmet Retirement Community, as part of the Retirement Housing Foundation (RHF), is one of the nation's largest providers of housing and services for older adults, persons with disabilities, and low-income families. The community is committed to incorporating its roots and values into the treatment of its residents and staff, aiming to provide a quality living experience for its senior citizens.
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Impact
October, 2024
Desmet Rhf Housing Inc significantly enhances the quality of life for senior citizens through its multilevel retirement community in Florissant, Missouri. By providing 55 independent living units and 29 assisted living units, it meets diverse needs of older adults, ensuring they have comfortable and supportive housing options.
The organization is deeply rooted in its faith-based mission, emphasizing respect and care for residents and staff alike. This approach fosters a nurturing community environment where seniors can thrive physically, mentally, and spiritually. The focus on holistic well-being contributes to improved health outcomes and overall life satisfaction for residents.
As part of the larger Retirement Housing Foundation network, Desmet Rhf Housing Inc also plays a vital role in addressing housing challenges faced by older adults. By offering affordable and appropriate living options, the organization helps combat isolation and promotes a sense of belonging among seniors. Its commitment to providing quality services reinforces the dignity of its residents, enhancing their ability to live fulfilling lives.
This information is meant to be a general summary of Desmet Rhf 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 2022.
- Program Service Revenue: $588,069
- Gross Receipts: $756,374
Assets and Liabilities:
- Total Assets: $3,897,195
- Total Liabilities: $8,400,232
- Net Assets: -$4,503,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$368,556
ASSISTED LIVING
Revenue
$219,513
Organization Details
Founding Year
2000
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.desmetretirement.orgNTEE Category
Code: P75 - Human services
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