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Lower Township Rhf Housing Inc

Yorkshire Place

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

EIN: 330310321 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lower Township Rhf Housing Inc?

Lower Township Rhf Housing Inc, established under the not-for-profit laws of New Jersey, is dedicated to operating a 55-unit housing community named Yorkshire Place in Cape May, New Jersey. The primary purpose of this organization is to cater to the needs of low-income elderly individuals, in line with Section 202 of the National Housing Act. This act aims to provide affordable housing solutions for this specific demographic. The corporation operates under the name Yorkshire Place, offering a supportive living environment 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 Stars)

Lower Township Rhf Housing Inc has achieved a Three-Star rating from Charity Navigator, indicating a strong commitment to transparency and financial accountability, with an overall score of 81% based solely on its Accountability & Finance metrics. The charity has demonstrated excellence in various areas, such as maintaining a fully independent board and having no material diversion of assets, which reflects its integrity in governance and financial practices.

The organization excels in its program expense ratio, allocating approximately 94.59% of its expenses directly to its programs. This high ratio suggests that a significant portion of its resources is directed toward fulfilling its mission, which is a positive indicator for potential donors. Additionally, it has established robust policies for conflict of interest, whistleblower protection, and document retention, further reinforcing its operational standards.

However, the salaries of key personnel, while indicative of the organization's size and scope, may raise questions about compensation levels in relation to its overall financial health. The high salaries of leadership may be scrutinized by donors who are focused on maximizing program impact. Overall, the nonprofit has solid foundations in accountability, though transparency around executive compensation could be enhanced to improve donor confidence.


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

Is Lower Township Rhf Housing Inc legitimate?

Lower Township Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Township 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 Lower Township Rhf Housing Inc?

Lower Township Rhf Housing Inc, a not-for-profit organization established in accordance with New Jersey's statutes, was formed with the primary objective of managing a 55-unit community named Yorkshire Place. This community is located in Cape May, New Jersey, and its primary purpose is to provide affordable housing for low-income elderly individuals, in compliance with Section 202 of the National Housing Act. The organization's mission is centered around the provision of housing, aiming to support the elderly population with limited financial resources.


Official website here: www.rhf.org

Who is the CEO of Lower Township Rhf Housing Inc?

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


Official website here: www.rhf.org

What is the revenue of Lower Township Rhf Housing Inc?

Lower Township Rhf Housing Inc's revenue in 2022 was $775,514.


Official website here: www.rhf.org

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


Here are 33 key members and their salaries (Lower Township 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 Lower Township Rhf Housing Inc?

Lower Township 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 Lower Township Rhf Housing Inc

Lower Township Rhf Housing Inc, a not-for-profit corporation, was established with a clear mission. This organization was formed in accordance with the not-for-profit statutes of New Jersey, with the primary objective of operating a 55-unit community known as Yorkshire Place. Situated in Cape May, New Jersey, this community serves a specific purpose: to provide affordable housing for low-income elderly individuals. This mission is in line with Section 202 of the National Housing Act, a legislative provision aimed at addressing housing needs among the elderly population. By operating Yorkshire Place, Lower Township Rhf Housing Inc contributes to the well-being of this vulnerable group, ensuring they have a safe and suitable living environment.

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Impact




October, 2024

Lower Township Rhf Housing Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in Cape May, New Jersey. By operating the Yorkshire Place community, which consists of 55 residential units, it creates a safe and accessible living environment for seniors. This initiative not only provides much-needed affordable housing but also fosters a sense of community among residents, enhancing their quality of life.

The organization directly impacts the lives of its residents by offering an option for stable housing, which is vital for elderly persons who may face financial constraints. The availability of housing under Section 202 of the National Housing Act ensures that these seniors have access to resources that promote their independence and well-being. By focusing on this demographic, Lower Township Rhf Housing Inc significantly contributes to alleviating housing insecurity and supports the dignity and autonomy of elderly individuals.




This information is meant to be a general summary of Lower Township 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
$775,514 (2022)
Expenses
$712,759 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,770
  • Program Service Revenue: $167,132
  • Gross Receipts: $777,430

Assets and Liabilities:

  • Total Assets: $1,358,510
  • Total Liabilities: $1,638,871
  • Net Assets: -$280,361

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Programs

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

RENTAL INCOME

Revenue

$167,132

Organization Details

Founding Year

1988

Principal Officer

Stuart Hartman

Main Address

911 NORTH STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: L22Z - Housing

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