Overview
What is Santa Monica Rhf Housing Inc?
Santa Monica Rhf Housing Inc is a California-based nonprofit corporation, established with the intention of managing a 72-unit housing community named Wilshire House. Located in Santa Monica, California, this not-for-profit organization provides housing for low-income elderly individuals, in line with Section 202 of the National Housing Act. The mission of Santa Monica Rhf Housing Inc is centered around ensuring the comfort and well-being of its residents.
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.
Santa Monica Rhf Housing Inc has received a Three-Star rating from Charity Navigator, with an overall score of 81%. This score reflects strong performance in accountability and finance, indicating that the organization manages its resources responsibly. The evaluation is based entirely on a single beacon score, highlighting the nonprofit's commitment to transparency and effective financial oversight.
The organization boasts a fully independent board, achieving perfect scores in both board independence and size. Additionally, Santa Monica Rhf Housing Inc has been noted for its strong governance practices, including a well-defined conflict of interest policy and a comprehensive whistleblower policy. These factors contribute to the organization's credibility and trustworthiness in the nonprofit sector.
However, a notable area of concern is the organization’s liabilities to assets ratio, which scored poorly at 78.91%, suggesting potential financial vulnerability. Despite this, the high program expense ratio of 89.98% indicates that the majority of its expenses are directed towards its mission-related activities, demonstrating a commitment to its core objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Monica Rhf Housing Inc legitimate?
Santa Monica Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Monica 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 Santa Monica Rhf Housing Inc?
Santa Monica Rhf Housing Inc, as a not-for-profit corporation, was established with the primary objective of providing housing for low-income elderly individuals. Operating under Section 202 of the National Housing Act, the organization manages a 72-unit community known as Wilshire House, located in California. The mission of Santa Monica Rhf Housing Inc is to ensure the availability of affordable housing for this specific demographic, contributing to their well-being and overall quality of life. The corporation's activities are centered around the operation and maintenance of Wilshire House, providing a safe and comfortable living environment for its residents.
Official website here: www.rhf.org
Who is the CEO of Santa Monica Rhf Housing Inc?
Stuart Hartman is the Principal Officer of Santa Monica Rhf Housing Inc. The CEO's salary of Santa Monica Rhf Housing Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Santa Monica Rhf Housing Inc?
Santa Monica Rhf Housing Inc's revenue in 2022 was $1,041,177.
Official website here: www.rhf.org
Who are the executives of Santa Monica Rhf Housing Inc and what are their salaries?
Here are 33 key members and their salaries (Santa Monica Rhf Housing Inc's CEO's salary is $0 and their total compensation is $399,323):
- Compensation: $0
- Related: $529,406
- Other: $72,819
- Compensation: $0
- Related: $400,678
- Other: $45,884
- Compensation: $0
- Related: $370,863
- Other: $28,460
- Compensation: $0
- Related: $285,306
- Other: $23,599
- Compensation: $0
- Related: $249,358
- Other: $38,027
- Compensation: $0
- Related: $225,577
- Other: $40,729
- Compensation: $0
- Related: $228,343
- Other: $34,063
- Compensation: $0
- Related: $215,812
- Other: $30,308
- Compensation: $0
- Related: $199,807
- Other: $40,223
- Compensation: $0
- Related: $215,329
- Other: $22,887
- Compensation: $0
- Related: $220,808
- Other: $2,920
- Compensation: $0
- Related: $184,532
- Other: $14,950
- Compensation: $0
- Related: $178,388
- Other: $16,625
- Compensation: $0
- Related: $174,418
- Other: $13,813
- Compensation: $0
- Related: $165,932
- Other: $16,120
- Compensation: $0
- Related: $154,798
- Other: $15,575
- Compensation: $0
- Related: $151,008
- Other: $14,176
- Compensation: $0
- Related: $147,277
- Other: $13,966
- Compensation: $0
- Related: $148,404
- Other: $12,505
- Compensation: $0
- Related: $139,727
- Other: $20,173
- Compensation: $0
- Related: $153,823
- Other: $4,615
- Compensation: $0
- Related: $146,427
- Other: $2,944
- Compensation: $0
- Related: $139,916
- Other: $3,250
- Compensation: $0
- Related: $66,364
- Other: $2,374
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Santa Monica Rhf Housing Inc?
Santa Monica 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 Santa Monica Rhf Housing Inc
Santa Monica Rhf Housing Inc, a California-based not-for-profit corporation, was established with a specific mission. This mission revolves around operating a 72-unit housing community, known as Wilshire House, which provides safe and affordable housing for low-income elderly individuals. This mission aligns with Section 202 of the National Housing Act, a legislative initiative aimed at addressing housing needs for specific populations. In essence, Santa Monica Rhf Housing Inc serves as a vital resource, offering a home and a sense of security to a group of individuals who may otherwise struggle with housing insecurity. The organization's mission is a testament to its commitment to supporting the elderly and contributing to their well-being, providing them with a stable living environment.
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Impact
October, 2024
Santa Monica Rhf Housing Inc operates the Wilshire House, a 72-unit community in Santa Monica that provides essential housing for low-income elderly individuals. By focusing on this demographic, the organization plays a crucial role in addressing the housing needs of older adults who may otherwise struggle to find affordable living arrangements.
The community not only offers residents a safe and stable environment, but it also fosters a sense of belonging and connection among its residents. By ensuring that elderly individuals have access to affordable housing, Santa Monica Rhf Housing Inc contributes to their overall well-being, promotes independence, and alleviates the pressures associated with housing insecurity. This initiative is vital in a region where the cost of living can be prohibitive, thus enhancing the quality of life for many vulnerable seniors.
This information is meant to be a general summary of Santa Monica 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.
- Investment Income: $214
- Program Service Revenue: $251,769
- Gross Receipts: $1,041,177
Assets and Liabilities:
- Total Assets: $2,592,480
- Total Liabilities: $2,849,853
- Net Assets: -$257,373
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$251,769
Organization Details
Founding Year
1987
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L21 - Housing
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