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Salem Rhf Housing Inc

Providence Place

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

EIN: 760775911 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Salem Rhf Housing Inc?

Salem Rhf Housing Inc, based in Long Beach, California, is a not-for-profit corporation adhering to Oregon's nonprofit statutes. Its primary mission is to operate Providence Place, a 67-unit community situated in Salem, Oregon. This community serves as housing for low-income elderly individuals, in compliance with Section 202 of the National Housing Act. The corporation provides essential living spaces for this vulnerable demographic, aiming to enhance their 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 Star rating. This rating reflects a solid performance in accountability and finance, indicating that Salem Rhf Housing Inc is managing its resources effectively. The organization achieved full marks in several key areas, such as having an independent board and maintaining comprehensive financial oversight, which contributes positively to its overall score.

One of the notable strengths of Salem Rhf Housing Inc is its strong commitment to transparency and good governance. All board members are independent, ensuring a diverse and unbiased decision-making process. Furthermore, the organization has implemented essential policies like whistleblower and conflict of interest policies, which reinforce its commitment to ethical practices and accountability.

However, the organization does face some challenges, particularly in its liabilities to assets ratio, which is significantly high at 157.16%. This suggests potential financial risk that could impact future stability. While the program expense ratio is robust at 90.81%, indicating efficient use of funds towards its mission, stakeholders may wish to monitor the financial health closely to ensure long-term sustainability.


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

Is Salem Rhf Housing Inc legitimate?

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

Salem Rhf Housing Inc, as a not-for-profit corporation, was established to provide housing for low-income elderly individuals. It operates a 67-unit community named Providence Place, located in Oregon, in accordance with Section 202 of the National Housing Act. The organization's primary mission is to serve this specific population, offering them a place to reside. This initiative aims to contribute positively to the lives of the elderly, providing them with a secure and suitable living environment.


Official website here: www.rhf.org

Who is the CEO of Salem Rhf Housing Inc?

Hartman Stuart J is the CEO of Salem Rhf Housing Inc The CEO's salary of Salem Rhf Housing Inc is $0 and their total compensation is $685,724.


Official website here: www.rhf.org

What is the revenue of Salem Rhf Housing Inc?

Salem Rhf Housing Inc's revenue in 2024 was $452,627.


Official website here: www.rhf.org

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

Here are 35 key members and their salaries (Salem Rhf Housing Inc's CEO's salary is $0 and their total compensation is $685,724):


Hartman Stuart J (President/Ceo)
  • Compensation: $0
  • Related: $617,596
  • Other: $68,128
Amberg Robert R (Executive Vp Gen Counsel)
  • Compensation: $0
  • Related: $440,286
  • Other: $49,216
Rossello Frank Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $378,582
  • Other: $25,235
Fard Bob J (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $259,219
  • Other: $21,908
Magnone Vincent B (Vp Treasury & Invstmt Off)
  • Compensation: $0
  • Related: $246,158
  • Other: $37,102
Escandon Yuri Andrew (Vp Housing Operations)
  • Compensation: $0
  • Related: $248,822
  • Other: $40,606
Napierskie David W (Vp Health Care Operations)
  • Compensation: $0
  • Related: $245,158
  • Other: $41,335
Battaglia Nada (Vp Human Resources)
  • Compensation: $0
  • Related: $242,093
  • Other: $46,746
Titus Stephanie L (Vp Philanthropy/Cso)
  • Compensation: $0
  • Related: $239,642
  • Other: $49,191
Gilchrist Kevin Darrell (Vp Development Finance)
  • Compensation: $0
  • Related: $228,362
  • Other: $48,817
Rivera Michael (Reg'L Manager Health Care)
  • Compensation: $0
  • Related: $223,831
  • Other: $4,520
Kennedy Teresa (Nurse Trainer Exempt)
  • Compensation: $0
  • Related: $210,648
  • Other: $3,734
Clow John C (Vp Risk Management)
  • Compensation: $0
  • Related: $209,162
  • Other: $18,816
Purcell Christopher J (Controller)
  • Compensation: $0
  • Related: $197,200
  • Other: $19,731
Mickelson Lavonne R (Dir Of Afford Housing Ops)
  • Compensation: $0
  • Related: $184,618
  • Other: $4,763
Steckbeck Kent (Budget & Analytics Dir)
  • Compensation: $0
  • Related: $177,682
  • Other: $5,331
Robinson Tina M (Vp Housing Accounting)
  • Compensation: $0
  • Related: $177,323
  • Other: $16,482
Phelps Lori Ann (Info Systems Director)
  • Compensation: $0
  • Related: $173,077
  • Other: $5,192
Silva Joanne L (Vp Occupancy & Tax Credit)
  • Compensation: $0
  • Related: $166,856
  • Other: $23,842
King Diane D (Compl And Privacy Officer)
  • Compensation: $0
  • Related: $168,542
  • Other: $19,443
Fox Buchan Laura L (Director Of Corp Records)
  • Compensation: $0
  • Related: $153,750
  • Other: $18,784
Young Seesee (Internal Audit Director)
  • Compensation: $0
  • Related: $151,652
  • Other: $6,199
Ragon Christy Ann (Vp Of Communications)
  • Compensation: $0
  • Related: $153,972
  • Other: $18,804
Ricano Peggy (Acct Manager Exempt)
  • Compensation: $0
  • Related: $147,014
  • Other: $18,185
Ingrao Salvatore A (Devel Accounting Dir)
  • Compensation: $0
  • Related: $143,382
  • Other: $17,693
Bunkhong Donna (Accounting Lead Sr.)
  • Compensation: $0
  • Related: $137,523
  • Other: $16,437
Do Thanh-Thanh (Acct Manager Exempt)
  • Compensation: $0
  • Related: $137,151
  • Other: $16,749
Bunn Andrew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desaegher Norma N (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
East Raymond E (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bauman John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moyer David S (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hart Donald G (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pollock Jeffrey R (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule Jo Salary (Disclosure - Pgs 34 & 38)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rhf.org

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

Salem Rhf Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.rhf.org

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

Mission Statement of Salem Rhf Housing Inc

Salem Rhf Housing Inc, a not-for-profit corporation, was established in compliance with Oregon's not-for-profit statutes. Its primary purpose is to manage and operate a 67-unit housing community named Providence Place, situated in Salem, Oregon. This community is specifically designed to provide affordable housing for low-income elderly individuals, aligning with Section 202 of the National Housing Act. The organization's mission is to ensure that elderly individuals have access to a secure living space, fostering an environment that caters to their unique needs.

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Impact




July, 2024

Salem Rhf Housing Inc's impact can be seen in the provision of housing for low-income elderly persons in Salem, Oregon. Through its operation of a 67-unit community known as Providence Place, the organization ensures that vulnerable members of the community have access to safe and affordable housing. By focusing on this specific demographic and need, Salem Rhf Housing Inc directly contributes to improving the quality of life for elderly individuals who may otherwise struggle to find suitable housing options.




This information is meant to be a general summary of Salem 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
$452,627 (2024)
Expenses
$670,907 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $5,117
  • Program Service Revenue: $247,954
  • Gross Receipts: $452,627

Assets and Liabilities:

  • Total Assets: $4,027,495
  • Total Liabilities: $6,330,110
  • Net Assets: -$2,302,615

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Programs

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

RENTAL INCOME

Revenue

$247,954

Organization Details

Founding Year

2004

Principal Officer

Stuart Hartman

NTEE Category

Code: L22 - Housing

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