Overview
What is Dallas Rhf Housing Inc?
Dallas Rhf Housing Inc is a nonprofit corporation established in compliance with Texas's not-for-profit statutes. Its primary purpose is to operate a 45-unit community named Crescent Manor, situated in Mesquite, Texas. This community provides affordable housing for low-income elderly individuals, in line with Section 202 of the National Housing Act. In July 2015, the original mortgage for Crescent Manor was refinanced under Section 207, following Section 223(F) of the National Housing Act. This refinancing allows for continued support and maintenance of the community, ensuring safe and comfortable housing for 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)
Dallas Rhf Housing Inc has achieved a rating of 81%, reflecting strong accountability and financial management practices. This score is derived entirely from their Accountability & Finance metrics, indicating that the organization places a significant emphasis on maintaining transparency and sound financial practices. The high rating suggests that donors can trust the organization to use funds effectively.
The organization boasts a fully independent board, scoring 100% in this area, indicating strong governance practices. It has received full marks for its audit committee activities and has no reported issues related to asset diversion. Additionally, all essential policies, including conflict of interest and whistleblower protections, are in place, which enhances the organization’s credibility.
However, while the financials show that a substantial majority of expenses (92.09%) are directed towards program activities, some concerns may arise regarding the compensation of key personnel, with significant salaries for top executives. While this reflects the competitive nature of leadership roles in the nonprofit sector, it may prompt donors to consider the balance between administrative expenses and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Dallas Rhf Housing Inc legitimate?
Dallas Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas 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 Dallas Rhf Housing Inc?
Dallas Rhf Housing Inc, as a not-for-profit corporation, was established with the objective of providing housing for low-income elderly individuals. This is done through the operation of a 45-unit community named Crescent Manor, located in Mesquite, Texas. The corporation operates in accordance with Section 202 of the National Housing Act, aiming to fulfill this purpose. In 2015, the original mortgage for this project was refinanced under Section 207, in line with Section 223(F) of the National Housing Act. The corporation's primary mission is to ensure the availability of affordable housing for this specific demographic.
Official website here: www.rhf.org
Who is the CEO of Dallas Rhf Housing Inc?
Hartman Stuart J is the CEO of Dallas Rhf Housing Inc The CEO's salary of Dallas Rhf Housing Inc is $0 and their total compensation is $685,724.
Official website here: www.rhf.org
What is the revenue of Dallas Rhf Housing Inc?
Dallas Rhf Housing Inc's revenue in 2024 was $603,780.
Official website here: www.rhf.org
Who are the executives of Dallas Rhf Housing Inc and what are their salaries?
Here are 36 key members and their salaries (Dallas Rhf 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Dallas Rhf Housing Inc?
Dallas Rhf Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of Dallas Rhf Housing Inc
Dallas Rhf Housing Inc, a not-for-profit corporation, was established in accordance with Texas's not-for-profit statutes. Its primary objective is to manage and operate a 45-unit community known as Crescent Manor, located in Mesquite, Texas. This community is dedicated to providing affordable housing for low-income elderly individuals, in compliance with Section 202 of the National Housing Act. In July 2015, the original mortgage for this project was refinanced under Section 207, as permitted by Section 223(F) of the National Housing Act. This refinancing operation was aimed at ensuring the continued provision of safe and comfortable housing for the elderly populace this organization serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Dallas RHF Housing Inc's impact can be seen in the provision of affordable housing for low-income elderly persons through its operation of Crescent Manor in Mesquite, Texas. By offering housing under the guidelines of the National Housing Act, the organization helps ensure that this vulnerable population has access to safe and affordable living arrangements. Its refinance of the mortgage in 2015 further demonstrates a commitment to sustaining this essential service for the community.
This information is meant to be a general summary of Dallas 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 2024.
- Investment Income: $3,724
- Program Service Revenue: $165,050
- Gross Receipts: $603,780
Assets and Liabilities:
- Total Assets: $1,917,689
- Total Liabilities: $2,010,765
- Net Assets: -$93,076
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$165,050
Organization Details
If you are a representative of Dallas Rhf Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.