Waico Rhf Housing Inc

Richardson Manor

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330230525 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Waico Rhf Housing Inc?

Waico Rhf Housing Inc is a nonprofit corporation established in accordance with Wisconsin's not-for-profit statutes. Their primary mission is to operate Richardson Manor, a 40-unit housing project located in Milwaukee, Wisconsin. This project provides affordable housing for low-income, mobility-impaired individuals, adhering to Section 202 of the National Housing Act. In 2013, the original mortgage was refinanced under Section 223(F) of the National Housing Act, further supporting their mission. The organization's focus on providing suitable housing for a specific demographic contributes to the betterment of their community.


Official website here: www.rhf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Waico Rhf Housing Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating indicates that the organization demonstrates a commendable level of accountability and financial health, which is crucial for donor confidence. The charity showcases an exemplary commitment to governance, with 100% of its board members being independent, underscoring its integrity in decision-making processes.

The organization excels in various financial metrics, including a program expense ratio of 92.67%, suggesting that a significant majority of its resources are directed toward its programs and services. Additionally, it has achieved full marks in areas concerning financial oversight, transparency, and adherence to policies such as conflict of interest and whistleblower protections. These strengths contribute to a strong foundation for operational effectiveness and trustworthiness.

Despite its positive rating, potential donors may still want to consider the nature of the charity’s specific programs and long-term impact, which are not detailed in the given information. Overall, Waico Rhf Housing Inc appears to prioritize responsible governance and effective program execution, making it a viable option for those looking to support a reputable nonprofit.


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

Is Waico Rhf Housing Inc legitimate?

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

For more financial information, click here


Official website here: www.rhf.org

What is the mission statement of Waico Rhf Housing Inc?

Waico Rhf Housing Inc, as a not-for-profit corporation, was established to provide housing for low-income mobility-impaired individuals. The organization operates a 40-unit project called Richardson Manor, located in an unspecified location, in compliance with Section 202 of the National Housing Act. Their primary goal is to cater to this specific demographic, ensuring their housing needs are met. During the fiscal year ending May 31, 2013, the original mortgage was refinanced under Section 207, in accordance with Section 223(F) of the National Housing Act. It is essential to note that the mission statement provided does not explicitly outline broader objectives or purposes beyond housing provision.


Official website here: www.rhf.org

Who is the CEO of Waico Rhf Housing Inc?

Stuart Hartman is the Principal Officer of Waico Rhf Housing Inc. The CEO's salary of Waico Rhf Housing Inc is $0 and their total compensation is $399,323.


Official website here: www.rhf.org

What is the revenue of Waico Rhf Housing Inc?

Waico Rhf Housing Inc's revenue in 2022 was $501,687.


Official website here: www.rhf.org

Who are the executives of Waico Rhf Housing Inc and what are their salaries?


Here are 33 key members and their salaries (Waico Rhf Housing Inc's CEO's salary is $0 and their total compensation is $399,323):


Stuart J Hartman (President/Ceo)
  • Compensation: $0
  • Related: $529,406
  • Other: $72,819
Robert R Amberg (Sr Vp General Counsel)
  • Compensation: $0
  • Related: $400,678
  • Other: $45,884
Dr Laverne R Joseph (Former President, Ceo)
  • Compensation: $0
  • Related: $370,863
  • Other: $28,460
Frank Rossello Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $285,306
  • Other: $23,599
Anders Plett (Vp Acquisitions & Proj. Dv)
  • Compensation: $0
  • Related: $249,358
  • Other: $38,027
Nada Battaglia (Vp Human Resources)
  • Compensation: $0
  • Related: $225,577
  • Other: $40,729
Vincent B Magnone (Vp Treasury & Invstmt)
  • Compensation: $0
  • Related: $228,343
  • Other: $34,063
Perry Glenn (Vp Housing Operations)
  • Compensation: $0
  • Related: $215,812
  • Other: $30,308
Stephanie Titus (Vp Philanthropy)
  • Compensation: $0
  • Related: $199,807
  • Other: $40,223
Deborah J Stouff (Vp Of Corp. Records, Corp.)
  • Compensation: $0
  • Related: $215,329
  • Other: $22,887
David W Napierskie (Vp Health Care Operations)
  • Compensation: $0
  • Related: $220,808
  • Other: $2,920
Kevin Gilchrist (Sr Dir. Of Dev Finance)
  • Compensation: $0
  • Related: $184,532
  • Other: $14,950
John Clow (Sr. Dir Of Risk Management)
  • Compensation: $0
  • Related: $178,388
  • Other: $16,625
Bobby Fard (Sr Director Of Acquisition)
  • Compensation: $0
  • Related: $174,418
  • Other: $13,813
Christopher Purcell (Controller)
  • Compensation: $0
  • Related: $165,932
  • Other: $16,120
Florence Webb (Sr Dev Proj Mgr)
  • Compensation: $0
  • Related: $154,798
  • Other: $15,575
Diane King (Compliance And Privacy Off)
  • Compensation: $0
  • Related: $151,008
  • Other: $14,176
Peggy Ricano (Manager Healthcare Accounting)
  • Compensation: $0
  • Related: $147,277
  • Other: $13,966
Tina Robinson (Director Housing Accounting)
  • Compensation: $0
  • Related: $148,404
  • Other: $12,505
Joanne Silva (Vp Occupancy & Tax Credit)
  • Compensation: $0
  • Related: $139,727
  • Other: $20,173
Kent Steckbeck (Dir. Budget & Analytics)
  • Compensation: $0
  • Related: $153,823
  • Other: $4,615
Micahel Rivera (Reg'L Manager Health Care)
  • Compensation: $0
  • Related: $146,427
  • Other: $2,944
Teresa Kennedy (Nurse Trainer)
  • Compensation: $0
  • Related: $139,916
  • Other: $3,250
Laura Fox Buchan (Secretary)
  • Compensation: $0
  • Related: $66,364
  • Other: $2,374
Donald G Hart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Bunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma N Desaegher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Jeffrey Pollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond E East (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David S Moyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl M Sexton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule Jo Salary (Disclosure - Pgs 35 & 39)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rhf.org

Where can I find the form 990 for Waico Rhf Housing Inc?

Waico Rhf Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rhf.org

Learn more at the official website: www.rhf.org

Mission Statement of Waico Rhf Housing Inc

Waico Rhf Housing Inc, a not-for-profit corporation, was established in compliance with Wisconsin's not-for-profit statutes. The organization's primary purpose is to manage a 40-unit housing project named Richardson Manor, situated in Milwaukee, Wisconsin. This project is specifically designed to provide affordable housing for low-income individuals with mobility impairments, in accordance with Section 202 of the National Housing Act.

In the year ending May 31, 2013, Waico Rhf Housing Inc underwent a refinancing process under Section 207, as authorized by Section 223(F) of the National Housing Act. This action aimed to ensure the continued availability of safe and affordable housing for the project's residents. The mission of Waico Rhf Housing Inc can be summarized as its commitment to providing a home for individuals with mobility impairments who fall under the low-income bracket, thereby ensuring they have access to suitable housing accommodations as per the National Housing Act.

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Impact




July, 2024

Waico RHF Housing Inc's impact is centered around providing housing for low-income mobility-impaired individuals through its project known as Richardson Manor in Milwaukee, Wisconsin. By offering affordable housing under the guidelines of the National Housing Act, this organization plays a crucial role in addressing the housing needs of a vulnerable population. Through its initiatives, Waico RHF Housing Inc contributes to enhancing the quality of life and supporting the well-being of those who are mobility-impaired and facing financial challenges.




This information is meant to be a general summary of Waico 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.

Revenue
$501,687 (2022)
Expenses
$454,580 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $369
  • Program Service Revenue: $102,586
  • Gross Receipts: $501,687

Assets and Liabilities:

  • Total Assets: $1,452,094
  • Total Liabilities: $1,740,074
  • Net Assets: -$287,980

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$102,586

Organization Details

Founding Year

1987

Principal Officer

Stuart Hartman

Main Address

911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: O40 - Youth development

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