Overview
What is Reality House West?
Reality House West is a nonprofit organization situated in San Francisco, California, specifically at 1358 Valencia Street, 94110. Their primary mission is to offer housing solutions to the elderly, individuals with mental disabilities, ex-offenders, and other low-income residents. This mission is carried out through a residential hotel containing 156 units, regulated by agreements with various local and state authorities, such as the City and County of San Francisco, the California Housing Rehabilitation Program, and the California Department of Housing and Community Development. These regulations set guidelines for rental charges, operations, and other relevant matters, ensuring the organization provides affordable and suitable housing for its target demographic.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Reality House West demonstrates a strong commitment to financial accountability and transparency, as evidenced by its high scores in several critical areas. The organization boasts a fully independent board, which is essential for maintaining objectivity and trust in governance. Additionally, it has established robust policies for conflict of interest and whistleblower protections, ensuring ethical operations and safeguarding its mission.
Financially, Reality House West performs well, with an impressive program expense ratio of 90.73%. This indicates that a significant portion of its expenditures is directed towards its programs, reflecting effective use of donations to support its initiatives. Furthermore, the organization has a well-managed audit and oversight committee, enhancing its overall financial health and operational integrity.
Despite its strengths, the overall rating of 79% suggests there is room for improvement in certain areas. While the organization has demonstrated strong policies and practices, continued efforts in enhancing financial performance and operational metrics could further elevate its standing among nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Reality House West legitimate?
Reality House West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reality House West 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: $68,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,732
For more financial information, click here
What is the mission statement of Reality House West?
Reality House West's mission is centered around providing housing solutions for individuals who are elderly, mentally disabled, ex-offenders, and fall under the category of low-income persons. This organization strives to create a living environment that caters to these groups, ensuring they have access to suitable accommodations. Their operations encompass a residential hotel in San Francisco, California, comprising 156 rental units. The corporation's activities are regulated by agreements with various local and state organizations, including the City and County of San Francisco, the California Housing Rehabilitation Program, and the California Department of Housing and Community Development, which dictate rental charges, operational methods, and other relevant matters.
Who is the CEO of Reality House West?
Kathy Looper is the Executive Dir. of Reality House West.
What is the revenue of Reality House West?
Reality House West's revenue in 2023 was $3,042,738.
Who are the executives of Reality House West and what are their salaries?
The average compensation at Reality House West during 2023 was $766,047. There is 1 employee at Reality House West.
Here are 7 key members and their salaries:
- Compensation: $68,315
- Related: $0
- Other: $4,120
- 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
Where can I find the form 990 for Reality House West?
Reality House West's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Reality House West
Reality House West, a nonprofit organization, is committed to providing housing solutions for various underserved populations. Its mission is to accommodate elderly individuals, those with mental disabilities, ex-offenders, and other low-income persons. The organization operates a residential hotel, housing 156 units in San Francisco, California. This project is regulated by agreements with local authorities and state programs, ensuring affordable rent and operational methods for the beneficiaries. Reality House West's primary objective is to provide a secure and supportive living environment for its residents, catering to their unique needs and ensuring they can maintain a decent quality of life.
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Impact
July, 2024
Reality House West's impact can be seen in the provision of housing to vulnerable populations such as the elderly, mentally disabled, ex-offenders, and other low-income individuals in San Francisco. By operating a residential hotel with 156 rental units, Reality House West plays a vital role in offering stable and affordable accommodation to those in need. Through regulatory agreements with the city and state authorities, the organization ensures that rental charges, operating methods, and other important aspects are managed effectively. This tangible impact helps enhance the quality of life for marginalized individuals and strengthens community support for those facing housing challenges.
This information is meant to be a general summary of Reality House West. 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: $269
- Program Service Revenue: $343,785
- Gross Receipts: $3,042,738
Assets and Liabilities:
- Total Assets: $2,037,136
- Total Liabilities: $8,382,173
- Net Assets: -$6,345,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY INCOME
Revenue
$1,646
OTHER INCOME
Revenue
$659
TENANT CHARGES
Revenue
$6,300
TENANT RENTS
Revenue
$335,180
Organization Details
Founding Year
1969
Phone
(415) 647-7191Principal Officer
Kathy Looper
Main Address
1358 Valencia Street, San Francisco, CA, 94110
NTEE Category
Code: P70Z - Human services
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