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Florence Rhf Housing Inc

The Carolinian

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

EIN: 570845047 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Florence Rhf Housing Inc?

Florence Rhf Housing Inc, doing business as The Carolinian, is a nonprofit organization located in Long Beach, California. Their primary mission is to provide housing and assisted living facilities for senior citizens, catering to their physical, mental, and spiritual well-being. The Carolinian houses 38 assisted living units and 109 apartment units, situated in Florence, South Carolina. As a Retirement Housing Foundation (RHF) community, they offer affordable living options and services to older adults. RHF is one of the largest non-profit providers of housing and services for older adults, persons with disabilities, and low-income families, serving as a sanctuary for senior citizens to enjoy their later years in comfort and security. The organization operates with a dedicated team of 52 employees.


Official website here: www.thecarolinian.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)

Florence Rhf Housing Inc has received a rating that indicates a need for improvement, with an overall score of 66%. The organization demonstrates strong governance, as evidenced by having 100% independent board members and a well-sized independent board. It also excels in areas such as conflict of interest and whistleblower policies, showing a commitment to transparency and ethical standards.

However, the nonprofit faces significant challenges in financial reporting, with missing financial statements impacting its score. Additionally, a high liabilities to assets ratio of 266.99% raises concerns about its financial health. While it has a commendable program expense ratio of 80.01%, indicating that a large portion of its funds is directed towards its programs, the lack of financial transparency could affect donor confidence.

Overall, while Florence Rhf Housing Inc shows strengths in governance and program spending, the absence of financial documentation and a concerning financial ratio suggest that potential donors should proceed with caution and seek more information before contributing.


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

Is Florence Rhf Housing Inc legitimate?

Florence Rhf Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florence 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: $888,150

For more financial information, click here


Official website here: www.thecarolinian.org

What is the mission statement of Florence Rhf Housing Inc?

Florence Rhf Housing Inc's mission is centered around providing residential and assisted living facilities for senior citizens. Their primary objective is to enhance the quality of life for older adults, both physically, mentally, and spiritually. By offering a range of housing options, they aim to create an environment that caters to the needs of their residents. As a Retirement Housing Foundation (RHF) community, they are committed to offering affordable living options and services to older adults. RHf Housing Inc is part of one of the nation's largest non-profit providers of housing and services for older adults, persons with disabilities, and low-income families, demonstrating their dedication to serving various communities.


Official website here: www.thecarolinian.org

Who is the CEO of Florence Rhf Housing Inc?

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


Official website here: www.thecarolinian.org

What is the revenue of Florence Rhf Housing Inc?

Florence Rhf Housing Inc's revenue in 2022 was $1,814,104.


Official website here: www.thecarolinian.org

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

The average compensation at Florence Rhf Housing Inc during 2022 was $17,080. There are 52 employees and 8 volunteers at Florence Rhf Housing Inc.


Here are 26 key members and their salaries (Florence Rhf Housing Inc's CEO's salary is $0 and their total compensation is $399,323):


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
Christina E Potter (Director (Term Ended))
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Bunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald G Hart (Director And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma N Desaegher (Director And Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl M Sexton (Director And Vp (Term Ended))
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Fox Buchan (Seceretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Jeffrey Pollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ethington (Director (Term Ended))
  • Compensation: $0
  • Related: $0
  • Other: $0
Laverne R Joseph (Past President And Ceo)
  • Compensation: $0
  • Related: $370,863
  • Other: $28,460
Deborah J Stouff (Vp Corp Records/Corp Sec)
  • Compensation: $0
  • Related: $215,329
  • Other: $22,887
Stuart J Hartman (President And Ceo)
  • Compensation: $0
  • Related: $529,406
  • Other: $72,819
Vincent B Magnone (Vp Treasury, Cio)
  • Compensation: $0
  • Related: $228,343
  • Other: $34,063
David W Napierskie (Vp Health Care Operations)
  • Compensation: $0
  • Related: $220,808
  • Other: $2,920
Frank Rossello Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $285,306
  • Other: $23,599
Anders Plett (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $249,358
  • Other: $38,027
Nada Battaglia (Vp Human Resources)
  • Compensation: $0
  • Related: $225,577
  • Other: $40,729
Kevin Gilchrist (Sr Dir Of Dev. Finance)
  • Compensation: $0
  • Related: $184,532
  • Other: $14,950
Robert R Amberg (Sr Vp General Counsel)
  • Compensation: $0
  • Related: $400,678
  • Other: $45,884
Stephanie Titus (Vp Philanthropy)
  • Compensation: $0
  • Related: $199,807
  • Other: $40,223
John Clow (Director Of Risk Mgt)
  • Compensation: $0
  • Related: $178,388
  • Other: $16,625
Christopher Purcell (Controller)
  • Compensation: $0
  • Related: $165,932
  • Other: $16,120
Bobby Fard (Director Of Acquisitions)
  • Compensation: $0
  • Related: $174,418
  • Other: $13,813
Perry Glenn (Vp Housing Operations)
  • Compensation: $0
  • Related: $215,812
  • Other: $30,308


Official website here: www.thecarolinian.org

Where can I find the form 990 for Florence Rhf Housing Inc?

Florence Rhf Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thecarolinian.org

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

Mission Statement of Florence Rhf Housing Inc

Florence Rhf Housing Inc is committed to providing housing options for older adults, aiming to enhance their overall quality of life. This nonprofit organization creates an environment that fosters physical, mental, and spiritual well-being for its senior residents. To achieve this, Florence Rhf Housing Inc offers residential and assisted living facilities. Their offerings include 38 assisted living units and 109 apartment units, providing a range of living options to cater to the diverse needs of older adults. As a Retirement Housing Foundation (RHF) community, Florence Rhf Housing Inc is dedicated to offering affordable living options and services to older adults, persons with disabilities, and low-income families, making it an inclusive and accommodating housing solution.

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Impact




July, 2024

Florence Rhf Housing Inc's impact can be seen in its dedicated mission to provide residential and assisted living facilities for senior citizens. By offering 38 assisted living units and 109 apartment units in Florence, South Carolina, they are directly contributing to the wellbeing and quality of life of older adults in the community. As a part of the Retirement Housing Foundation (RHF) network, they are aligned with a national nonprofit provider that focuses on housing and services for older adults, persons with disabilities, and low-income families. Through their affordable living options and services, Florence Rhf Housing Inc is making a tangible difference in the lives of senior citizens, creating an environment that enhances their physical, mental, and spiritual wellbeing.




This information is meant to be a general summary of Florence 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
$1,814,104 (2022)
Expenses
$2,655,364 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,527
  • Program Service Revenue: $1,666,415
  • Gross Receipts: $1,814,104

Assets and Liabilities:

  • Total Assets: $1,546,764
  • Total Liabilities: $4,129,822
  • Net Assets: -$2,583,058

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Programs

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

ASSISTED LIVING

Revenue

$845,741

SENIOR CITIZENS RENT

Revenue

$817,939

ENTRANCE FEES

Revenue

$2,735

Organization Details

Founding Year

1986

Principal Officer

Stuart Hartman

Main Address

911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: L22 - Housing

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