Overview
What is Olympic Rhf Housing Inc?
Olympic Rhf Housing Inc is a California-based, not-for-profit organization, established under the state's not-for-profit statutes. Its primary objective is to oversee and manage Colonia Jess Lopez, an 88-unit housing community located in Los Angeles. This community serves low-income elderly individuals, adhering to Section 202 of the National Housing Act. The organization's mission is to provide affordable housing for this specific demographic, contributing to their overall well-being and quality of life.
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)
Olympic Rhf Housing Inc has received an 81% rating from Charity Navigator, indicating a Three-Star status primarily based on its accountability and financial practices. This score reflects the organization's strong governance, with 100% of its board members being independent, and a comprehensive oversight of financial statements, demonstrating a commitment to transparency and responsible management.
The charity's financial practices are noteworthy, as it has achieved a program expense ratio of 90.52%, meaning that a significant portion of its expenditures directly supports its programs. Additionally, the organization adheres to several key policies such as conflict of interest, whistleblower protection, and document retention, which further underscores its dedication to ethical operations and accountability.
While the rating is positive, it is based solely on the accountability and finance beacon, suggesting that additional information on other operational aspects could provide a more comprehensive view of the organization's overall effectiveness. Nonetheless, the lack of reported issues, such as material diversions of assets, positions Olympic Rhf Housing Inc as a stable and reliable nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is Olympic Rhf Housing Inc legitimate?
Olympic Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olympic 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 Olympic Rhf Housing Inc?
Olympic Rhf Housing Inc, a not-for-profit corporation established under California's not-for-profit statutes, exists with the primary objective of providing housing for low-income elderly individuals. This mission is carried out through the operation of an 88-unit community known as Colonia Jess Lopez, located in Los Angeles, California. The community operates under Section 202 of the National Housing Act, which is designed to provide affordable housing solutions for this specific demographic. The corporation's purpose is to make housing accessible and comfortable for this underrepresented group, contributing to their overall well-being.
Official website here: www.rhf.org
Who is the CEO of Olympic Rhf Housing Inc?
Stuart Hartman is the Principal Officer of Olympic Rhf Housing Inc. The CEO's salary of Olympic Rhf Housing Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Olympic Rhf Housing Inc?
Olympic Rhf Housing Inc's revenue in 2022 was $609,887.
Official website here: www.rhf.org
Who are the executives of Olympic Rhf Housing Inc and what are their salaries?
Here are 33 key members and their salaries (Olympic 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 Olympic Rhf Housing Inc?
Olympic 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 Olympic Rhf Housing Inc
Olympic Rhf Housing Inc, a not-for-profit corporation, was established in compliance with California's not-for-profit statutes. Its primary purpose is to oversee a 88-unit community known as Colonia Jess Lopez, situated in Los Angeles, California. This community serves as a housing solution for low-income elderly individuals, in accordance with Section 202 of the National Housing Act, which it adheres to. The mission of Olympic Rhf Housing Inc is to provide a secure living environment for this specific demographic, enhancing their quality of life and ensuring they have access to adequate housing.
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Impact
July, 2024
Olympic Rhf Housing Inc's impact lies in its provision of affordable housing for low-income elderly persons in the Colonia Jess Lopez community in Los Angeles, California. By operating an 88-unit housing complex under Section 202 of the National Housing Act, the organization is addressing a critical need for vulnerable individuals in the community. Olympic Rhf Housing Inc's work contributes directly to improving the quality of life and well-being of elderly residents who might otherwise struggle to find suitable and safe housing options. By focusing on housing for this specific demographic, the organization plays a vital role in supporting the aging population and promoting social equity within the community.
This information is meant to be a general summary of Olympic 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: $49
- Program Service Revenue: $301,422
- Gross Receipts: $609,887
Assets and Liabilities:
- Total Assets: $6,712,581
- Total Liabilities: $12,497,684
- Net Assets: -$5,785,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$301,422
Organization Details
Founding Year
1995
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L80Z - Housing
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