Overview
What is Poltava Center Inc C/O Rhm Real Estate Group?
Poltava Center Inc C/O Rhm Real Estate Group is a nonprofit organization situated in Lyndhurst, Ohio, specifically at 5844 Landerbrook Drive. Their primary mission is to provide affordable housing for elderly and handicapped individuals, accommodating up to 63 residents. With a dedicated workforce of seven employees, they strive to create a living environment that caters to the unique needs of this vulnerable population.
Official website here: www.retireehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Overall Score: 69%, Two-Star out of Four Star rating. The Poltava Center Inc has received a mixed rating, signifying areas of both strong performance and significant concerns. The organization excels in accountability and finance, earning a perfect score in several categories, including independent board members and financial oversight. However, the overall two-star rating indicates that there are critical areas needing improvement.
Strengths of Poltava Center Inc include a fully independent board and a high program expense ratio of 98.29%, which suggests that a significant portion of its funding is directed towards its programs rather than overhead costs. Additionally, there are no issues with asset diversion, and the organization has taken steps to document board meeting minutes, reflecting some degree of transparency and governance.
On the downside, the organization lacks essential policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, which could negatively impact its operational integrity. Furthermore, the liabilities to assets ratio is concerning at 214.11%, indicating potential financial instability. The absence of the tax form on the nonprofit's website also raises questions about transparency and accessibility for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Poltava Center Inc C/O Rhm Real Estate Group legitimate?
Poltava Center Inc C/O Rhm Real Estate Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poltava Center Inc C/O Rhm Real Estate Group 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: $63,486
For more financial information, click here
Official website here: www.retireehousing.com
What is the mission statement of Poltava Center Inc C/O Rhm Real Estate Group?
The organization, Poltava Center Inc C/O Rhm Real Estate Group, is committed to providing low-income housing for elderly and handicapped individuals. Their mission is centered around offering a residential space that caters to the needs of this specific demographic. The aim is to provide a home where these individuals can live comfortably and with the necessary support. Currently, the center is equipped to house 63 such individuals.
Official website here: www.retireehousing.com
Who is the CEO of Poltava Center Inc C/O Rhm Real Estate Group?
Most Reverend John Bura is the President of Poltava Center Inc C/O Rhm Real Estate Group.
Official website here: www.retireehousing.com
What is the revenue of Poltava Center Inc C/O Rhm Real Estate Group?
Poltava Center Inc C/O Rhm Real Estate Group's revenue in 2023 was $576,750.
Official website here: www.retireehousing.com
Who are the executives of Poltava Center Inc C/O Rhm Real Estate Group and what are their salaries?
The average compensation at Poltava Center Inc C/O Rhm Real Estate Group during 2023 was $9,069. There are 7 employees at Poltava Center Inc C/O Rhm Real Estate Group.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.retireehousing.com
Where can I find the form 990 for Poltava Center Inc C/O Rhm Real Estate Group?
Poltava Center Inc C/O Rhm Real Estate Group's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.retireehousing.com
Learn more at the official website: www.retireehousing.com
Mission Statement of Poltava Center Inc C/O Rhm Real Estate Group
Poltava Center Inc C/O Rhm Real Estate Group is dedicated to providing low-income housing for elderly and handicapped individuals. This nonprofit organization's mission is centered around ensuring that these vulnerable individuals have a suitable living space. By offering housing, Poltava Center Inc aims to contribute to their comfort and well-being, recognizing the unique challenges that elderly and handicapped individuals may face. The organization provides housing for 63 such individuals, offering them a secure and supportive environment.
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Impact
July, 2024
Poltava Center Inc C/O Rhm Real Estate Group's impact is significant in providing low-income housing for elderly and handicapped individuals in Lyndhurst, Ohio. They offer housing for 63 individuals who may not have had access to suitable housing otherwise, ensuring that these vulnerable populations have a safe and stable place to live. This organization plays a crucial role in addressing housing insecurity and improving the quality of life for elderly and handicapped individuals in the community.
This information is meant to be a general summary of Poltava Center Inc C/O Rhm Real Estate Group. 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 2023.
- Investment Income: $100
- Program Service Revenue: $219,479
- Gross Receipts: $576,750
Assets and Liabilities:
- Total Assets: $1,547,745
- Total Liabilities: $3,313,997
- Net Assets: -$1,766,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$213,756
LAUNDRY & VENDING
Revenue
$5,000
MISC FEES
Revenue
$723
Organization Details
Founding Year
1975
Phone
(216) 360-8333Principal Officer
Most Reverend John Bura
Main Address
5845 LANDERBROOK DR, LYNDHURST, OH, 44124
Website
www.retireehousing.comIf you are a representative of Poltava Center Inc C/O Rhm Real Estate Group 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.