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Revitz House Corporation

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

EIN: 521064333 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is Revitz House Corporation?

Revitz House Corporation is a nonprofit organization situated in Rockville, Maryland, dedicated to offering affordable and subsidized housing for the elderly and disabled. Their mission encompasses providing a clean, safe, and independent living environment, complete with social work assistance, community service access, and rehabilitation services. Cultural and social programs, transportation to local amenities, and 24-hour security are also part of their offerings. The organization adheres to Jewish values and offers kosher meals, while their Service Coordinator facilitates additional supportive services in the community. With a team of 17 employees, Revitz House Corporation has been serving the Washington DC region since 1978, assisting low-income seniors and disabled adults in maintaining their independence.


Official website here: www.smithlifecommunities.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Revitz House Corporation has achieved a strong Four-Star rating from Charity Navigator, reflecting its exceptional performance in Accountability & Finance. The high score indicates a robust financial management system and transparency, essential traits for donor trust. The organization has no material diversion of assets and has implemented comprehensive policies concerning conflict of interest, whistleblower protections, and document retention.

The charity's board governance is notably effective, featuring a fully independent board composed of 13 members. This independence enhances decision-making and accountability. Additionally, Revitz House Corporation's program expense ratio of 77.80% demonstrates that a significant portion of its expenses is allocated directly to its programs, underscoring its commitment to mission-driven work.

While the organization displays strong financial practices and governance, potential donors should always consider how their contributions align with the specific goals and impacts of the nonprofit. Overall, Revitz House Corporation stands out as a financially sound and well-governed charity dedicated to its mission.


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

Is Revitz House Corporation legitimate?

Revitz House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Revitz House Corporation 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: $657,686

For more financial information, click here


Official website here: www.smithlifecommunities.org

What is the mission statement of Revitz House Corporation?

Revitz House Corporation's mission is centered around providing high-quality, independent living accommodations for low-income seniors and individuals with physical disabilities. The organization, established in 1978, prioritizes affordability by offering subsidized rental apartments at rates below the market average. Beyond housing, Revitz House offers a nurturing environment that supports independence, including rehabilitation services, extensive cultural and social programs, bus transportation, 24-hour security, and Internet access. The corporation also provides assistance in accessing community services and upholds Jewish values, offering kosher meals and honoring the elderly and disabled residents. Generous donors support life-enhancing programs, and the corporation welcomes residents from the wider community. A Service Coordinator is available to provide additional supportive services.


Official website here: www.smithlifecommunities.org

Who is the CEO of Revitz House Corporation?

Bruce J Lederman is the President/Ceo of Revitz House Corporation. The CEO's salary of Revitz House Corporation is $0 and their total compensation is $188,755.


Official website here: www.smithlifecommunities.org

What is the revenue of Revitz House Corporation?

Revitz House Corporation's revenue in 2022 was $5,210,411.


Official website here: www.smithlifecommunities.org

Who are the executives of Revitz House Corporation and what are their salaries?

The average compensation at Revitz House Corporation during 2022 was $38,687. There are 17 employees and 7 volunteers at Revitz House Corporation.


Here are 17 key members and their salaries (Revitz House Corporation's CEO's salary is $0 and their total compensation is $188,755):


Bruce J Lederman (President/Ceo)
  • Compensation: $0
  • Related: $649,886
  • Other: $71,472
Terri Tanner-Hill (Exec Vp Fin/Cfo)
  • Compensation: $0
  • Related: $454,337
  • Other: $47,504
Warren Slavin (Ceo Emeritus/Sr Advisor)
  • Compensation: $0
  • Related: $180,652
  • Other: $8,103
Diane Stern (Exec Dir, Revitz)
  • Compensation: $101,585
  • Related: $0
  • Other: $22,138
Aaron M Rulnick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Joseph (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth J Meyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard S Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Stape (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Reitberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell A Yentis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan M Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David S Karp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Reinstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew D Schwartz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.smithlifecommunities.org

Where can I find the form 990 for Revitz House Corporation?

Revitz House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.smithlifecommunities.org

Learn more at the official website: www.smithlifecommunities.org

Mission Statement of Revitz House Corporation

Revitz House Corporation, a nonprofit organization, is dedicated to providing high-quality independent living for low-income seniors. Established in 1978, this corporation has been a beacon of support for seniors and adults with physical disabilities in the Washington D.C. region. Revitz House offers subsidized rental apartments at below-market rates, ensuring affordable housing options for those who might otherwise be limited.

Residents of Revitz House benefit from more than just a place to call home. The corporation provides nourishing evening meals, fostering a sense of community. Additionally, Revitz House offers a supportive environment, providing rehabilitation services, extensive cultural and social programs, bus transportation, 24-hour security, and Internet access. The organization also aids in accessing community services, demonstrating its commitment to holistic care for its residents.

Adhering to Jewish values, Revitz House honors and respects its elderly residents. This includes offering kosher meals and life-enhancing programs, many of which are supported by generous donors. The organization's Service Coordinator assists elderly and/or disabled residents with supportive services in the community, further enriching the lives of those in need. Admission to Revitz House is open to all members of the community, reflecting its inclusive mission.

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Impact




July, 2024

Revitz House Corporation's impact is profound in providing essential independent living services to low-income seniors and adults with physical disabilities in the Washington DC region since 1978. Through affordable subsidized rental apartments below market rates, nourishing evening meals, and a supportive environment that emphasizes independence, rehabilitation services, cultural and social programs, transportation, and 24-hour security, Revitz House enhances the lives of its residents. Additionally, the organization's commitment to Jewish values and kosher meals creates a culturally enriching environment for all residents. With a strong focus on community support and generous donors, Revitz House Corporation plays a significant role in ensuring that vulnerable seniors can lead fulfilling and dignified lives.




This information is meant to be a general summary of Revitz House Corporation. 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
$5,210,411 (2022)
Expenses
$4,464,274 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,117,592
  • Gross Receipts: $5,210,411

Assets and Liabilities:

  • Total Assets: $12,795,223
  • Total Liabilities: $1,133,715
  • Net Assets: $11,661,508

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Programs

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

Food Receipts

Revenue

$638,601

Laundry & Vending

Revenue

$15,852

Low Income Rentals

Revenue

$4,446,175

Other Revenue

Revenue

$16,964

Organization Details

Founding Year

1976

Principal Officer

Bruce J Lederman

Main Address

6121 MONTROSE ROAD, ROCKVILLE, MD, 20852

NTEE Category

Code: L220 - Housing

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