Overview
What is 300 Main Inc?
300 Main Inc is a nonprofit organization established in accordance with Oregon's not-for-profit statutes. Its primary mission is to operate a 26-unit community named 300 Main, located in Estacada, Oregon. This community is specifically designed to provide housing for low-income elderly individuals, in line with Section 202 of the National Housing Act. The organization's purpose is to offer a secure living space and support for this demographic, contributing to their overall well-being and community integration.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
300 Main Inc has achieved an 82% score from Charity Navigator, resulting in a Three-Star rating, indicating a relatively strong performance in accountability and finance. The high score reflects complete compliance with accountability standards, showcasing a commitment to transparency and responsible financial practices, which is crucial for donor confidence.
The organization boasts a fully independent board and has established robust policies, such as conflict of interest and whistleblower policies, reinforcing its accountability framework. Notably, it maintains a high program expense ratio of 86.65%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs, which is a positive indicator for potential donors.
However, it is important to consider the salaries of key personnel, which are notably high, with the CEO earning $608,035. While competitive salaries can attract and retain talent, they may raise concerns among some stakeholders regarding how much of the funding is ultimately directed towards programmatic efforts versus administrative expenses.
This AI summary has been generated from information found on Charity Navigator.
Is 300 Main Inc legitimate?
300 Main Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 300 Main 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 300 Main Inc?
300 Main Inc, as a not-for-profit organization, was established in accordance with Oregon's not-for-profit statutes. Its primary objective is to operate a 26-unit housing community, named 300 Main, which is situated in Estacada, Oregon. This community serves the housing needs of low-income elderly individuals, in adherence to Section 202 of the National Housing Act, as amended. The mission of 300 Main Inc is essentially to provide suitable housing solutions for this specific demographic, ensuring they have a place to call home.
Official website here: www.rhf.org
Who is the CEO of 300 Main Inc?
Stuart Hartman is the Principal Officer of 300 Main Inc. The CEO's salary of 300 Main Inc is $0 and their total compensation is $682,064.
Official website here: www.rhf.org
What is the revenue of 300 Main Inc?
300 Main Inc's revenue in 2023 was $202,129.
Official website here: www.rhf.org
Who are the executives of 300 Main Inc and what are their salaries?
Here are 35 key members and their salaries (300 Main Inc's CEO's salary is $0 and their total compensation is $682,064):
- Compensation: $0
- Related: $608,035
- Other: $74,029
- Compensation: $0
- Related: $442,308
- Other: $43,069
- Compensation: $0
- Related: $313,582
- Other: $17,519
- Compensation: $0
- Related: $242,812
- Other: $11,672
- Compensation: $0
- Related: $239,282
- Other: $29,102
- Compensation: $0
- Related: $235,353
- Other: $42,526
- Compensation: $0
- Related: $231,220
- Other: $42,394
- Compensation: $0
- Related: $218,679
- Other: $16,908
- Compensation: $0
- Related: $214,343
- Other: $15,930
- Compensation: $0
- Related: $195,871
- Other: $18,163
- Compensation: $0
- Related: $196,730
- Other: $13,455
- Compensation: $0
- Related: $167,122
- Other: $5,014
- Compensation: $0
- Related: $165,017
- Other: $12,398
- Compensation: $0
- Related: $161,428
- Other: $13,535
- Compensation: $0
- Related: $160,693
- Other: $4,725
- Compensation: $0
- Related: $162,871
- Other: $13,914
- Compensation: $0
- Related: $161,559
- Other: $15,584
- Compensation: $0
- Related: $158,830
- Other: $21,653
- Compensation: $0
- Related: $156,800
- Other: $12,888
- Compensation: $0
- Related: $150,563
- Other: $9,786
- Compensation: $0
- Related: $151,621
- Other: $16,442
- Compensation: $0
- Related: $148,565
- Other: $4,498
- Compensation: $0
- Related: $147,762
- Other: $5,391
- Compensation: $0
- Related: $147,683
- Other: $14,966
- Compensation: $0
- Related: $149,091
- Other: $3,501
- Compensation: $0
- Related: $145,806
- Other: $13,849
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for 300 Main Inc?
300 Main Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of 300 Main Inc
300 Main Inc, a not-for-profit organization, was established with the intention of providing housing for low-income elderly individuals. In line with Section 202 of the National Housing Act, this corporation operates a 26-unit community, known as 300 Main, located in Estacada, Oregon. The mission of 300 Main Inc is to cater to the housing needs of this specific population, ensuring they have a safe and comfortable living environment. The organization's primary objective is to enhance the quality of life for elderly individuals who fall under the low-income bracket.
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Impact
October, 2024
300 Main Inc has a significant impact on the local community by providing essential housing for low-income elderly individuals in Estacada, Oregon. The organization operates a 26-unit community that addresses a critical need for affordable living spaces tailored for seniors. By adhering to the guidelines of the National Housing Act, 300 Main Inc ensures that its residents have access to safe and stable housing, which is vital for their well-being and quality of life.
This initiative not only helps to alleviate housing insecurity among vulnerable populations but also fosters a sense of community among residents. The environment created at 300 Main encourages social interaction and support systems among elderly individuals, contributing to their overall health and happiness. Moreover, by offering these housing options, 300 Main Inc plays a crucial role in enhancing the economic stability of families, allowing seniors to allocate their limited resources towards healthcare, food, and other essential needs. Through its operations, 300 Main Inc directly contributes to improving the lives of its residents and strengthens the fabric of the community in which it operates.
This information is meant to be a general summary of 300 Main 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $17
- Program Service Revenue: $66,848
- Gross Receipts: $202,129
Assets and Liabilities:
- Total Assets: $245,098
- Total Liabilities: $216,233
- Net Assets: $28,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$66,848
Organization Details
Founding Year
1983
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L21 - Housing
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