Mesquite Rhf Housing Inc

Mesquite Gardens

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

EIN: 752264833 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Mesquite Rhf Housing Inc?

Mesquite Rhf Housing Inc is a nonprofit organization established in compliance with Texas's not-for-profit laws. Its primary mission is to manage a 48-unit housing project named Mesquite Gardens, located in Mesquite, Texas. This project is designed to offer affordable housing for low-income elderly individuals, in accordance with Section 202 of the National Housing Act. In 2015, the original mortgage for the project was refinanced under Section 207, following Section 223(F) of the National Housing Act. The organization's activities are centered around managing and maintaining this housing project, providing a secure living environment for the elderly population.


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)

Mesquite Rhf Housing Inc has received a rating of 81%, indicating a solid performance in the area of accountability and finance. This score reflects the organization's commitment to transparency and responsible financial management, with no noted material diversion of assets and strong oversight practices.

The organization boasts a fully independent board, earning full points for the majority of board members being independent and for having an appropriately sized board. Additionally, it has implemented various policies, such as conflict of interest and whistleblower protections, which further enhance its accountability framework.

While the overall rating is positive, it is important to note that this score is derived solely from the accountability and finance category, which may limit insights into other operational aspects of the nonprofit. Nevertheless, with a program expense ratio of 92.25%, Mesquite Rhf Housing Inc demonstrates a strong focus on using funds effectively to support its mission.


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

Is Mesquite Rhf Housing Inc legitimate?

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

Mesquite Rhf Housing Inc, established as a not-for-profit corporation, was formed to operate a 48-unit housing project primarily for low-income elderly individuals. Located in Texas, this project is known as Mesquite Gardens. Their mission, as per the National Housing Act, is to provide suitable housing for this demographic group. In 2015, the original mortgage for this project was refinanced under specific sections of the National Housing Act, demonstrating their commitment to maintaining and improving these living facilities. In essence, Mesquite Rhf Housing Inc's mission revolves around offering secure and affordable housing solutions for the elderly with limited income.


Official website here: www.rhf.org

Who is the CEO of Mesquite Rhf Housing Inc?

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


Official website here: www.rhf.org

What is the revenue of Mesquite Rhf Housing Inc?

Mesquite Rhf Housing Inc's revenue in 2022 was $571,471.


Official website here: www.rhf.org

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


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

Mesquite 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 Mesquite Rhf Housing Inc

Mesquite Rhf Housing Inc, established in accordance with the not-for-profit statutes of Texas, was formed with the primary objective of managing a 48-unit housing project named Mesquite Gardens. This project is specifically designed to provide affordable housing for low-income elderly individuals, adhering to Section 202 of the National Housing Act. In July 2015, the original mortgage was refinanced under Section 207, in compliance with Section 223(F) of the National Housing Act. This refinancing process aimed to ensure the continued availability and affordability of housing for the elderly population, aligning with the organization's mission. In essence, Mesquite Rhf Housing Inc is dedicated to enhancing the living conditions of elderly individuals with limited income, providing them with a safe and affordable housing environment.

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Impact




July, 2024

Mesquite Rhf Housing Inc's impact is evident in its provision of affordable housing for low-income elderly persons at Mesquite Gardens in Mesquite, Texas. By operating a 48 unit project under Section 202 of the National Housing Act, the organization plays a crucial role in meeting the housing needs of this vulnerable population. Additionally, the successful refinancing of the original mortgage under Section 207 demonstrates a commitment to financial sustainability and long-term viability, ensuring continued support for those in need. Overall, Mesquite Rhf Housing Inc's dedication to affordable housing positively impacts the lives of low-income elderly individuals in the community.




This information is meant to be a general summary of Mesquite 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
$571,471 (2022)
Expenses
$521,720 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $713
  • Program Service Revenue: $141,853
  • Gross Receipts: $571,471

Assets and Liabilities:

  • Total Assets: $2,368,892
  • Total Liabilities: $2,064,685
  • Net Assets: $304,207

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Programs

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

RENTAL INCOME

Revenue

$141,853

Organization Details

Founding Year

1989

Principal Officer

Stuart Hartman

Main Address

911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: L21 - Housing

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