Overview
What is Retirement Housing Foundation?
The Retirement Housing Foundation is a nonprofit organization that specializes in the development and management of affordable housing and assisted living facilities for low and very low income families and the elderly. With a workforce of approximately 1,300 employees, they operate in 29 states, including Puerto Rico, the Virgin Islands, and the District of Columbia. Their mission is to provide affordable housing and support services in an inclusive environment that enhances residents' quality of life physically, mentally, and spiritually. The foundation manages various housing communities, including assisted living and skilled nursing facilities, serving over 20,000 residents and patients nationwide.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Retirement Housing Foundation (RHF) has received a high rating from Charity Navigator, indicating strong accountability and financial health. The organization excels in having a fully independent board and robust financial oversight, showcasing its commitment to transparency and ethical practices. With a program expense ratio of over 89%, a significant portion of its resources is directed towards its mission of providing affordable housing and services for seniors and families.
However, user reviews from Great Nonprofits reveal a stark contrast in experiences at RHF facilities. Several users reported poor management and inadequate care in specific locations, particularly citing instances of rude staff treatment and substandard living conditions. Complaints about difficulties with refunds and financial transactions also highlight operational challenges within the organization, raising concerns regarding resident support.
Despite these criticisms, some reviews praise RHF for its affordable housing options and advocacy for residents, indicating that while experiences may vary by location, the organization does have a positive impact on many individuals. It's essential for potential residents and families to carefully consider specific properties and seek firsthand accounts when evaluating RHF's facilities for their loved ones.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Retirement Housing Foundation legitimate?
Retirement Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retirement Housing Foundation 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: $3,079,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,621,675
For more financial information, click here
Official website here: www.rhf.org
What is the mission statement of Retirement Housing Foundation?
The Retirement Housing Foundation is dedicated to providing affordable housing and service coordination for individuals with limited incomes. They offer this assistance in an inclusive environment that aims to enhance their overall quality of life, both physically and mentally. Through their expertise in affordable housing and services, they manage and develop communities for low and very low income families and the elderly. Their portfolio includes assisted living and skilled nursing facilities, serving over 20,000 residents and patients in various states. With approximately 2,800 employees nationwide, the Retirement Housing Foundation is committed to making a difference in the lives of those in need.
Official website here: www.rhf.org
Who is the CEO of Retirement Housing Foundation?
Stuart Hartman is the Principal Officer of Retirement Housing Foundation. The CEO's salary of Retirement Housing Foundation is $370,863 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Retirement Housing Foundation?
Retirement Housing Foundation's revenue in 2022 was $49,802,150.
Official website here: www.rhf.org
Who are the executives of Retirement Housing Foundation and what are their salaries?
The average compensation at Retirement Housing Foundation during 2022 was $81,689. There are 131 employees and 466 volunteers at Retirement Housing Foundation.
Here are 30 key members and their salaries (Retirement Housing Foundation's CEO's salary is $370,863 and their total compensation is $399,323):
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- Compensation: $370,863
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- Other: $28,460
- Compensation: $529,406
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- Other: $72,819
- Compensation: $66,364
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- Other: $2,374
- Compensation: $215,329
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- Other: $22,887
- Compensation: $400,678
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- Other: $45,884
- Compensation: $228,343
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- Related: $220,808
- Other: $2,920
- Compensation: $285,306
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- Other: $23,599
- Compensation: $249,358
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- Other: $38,027
- Compensation: $225,577
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- Other: $40,729
- Compensation: $184,532
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- Other: $14,950
- Compensation: $199,807
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- Other: $40,223
- Compensation: $178,388
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- Other: $16,625
- Compensation: $165,932
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- Other: $16,120
- Compensation: $174,418
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- Other: $13,813
- Compensation: $0
- Related: $215,812
- Other: $30,308
Official website here: www.rhf.org
Where can I find the form 990 for Retirement Housing Foundation?
Retirement Housing Foundation'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 Retirement Housing Foundation
Retirement Housing Foundation, a leading organization in the field, is dedicated to enhancing the lives of individuals with limited incomes, both the elderly and low-income families. By providing affordable housing and service coordination, this esteemed corporation strives to create an inclusive environment where residents can thrive physically, mentally, and spiritually.
Retirement Housing Foundation's mission extends beyond just housing, as they also manage and develop assisted living and skilled nursing facilities. With a presence in 29 states, including Puerto Rico, the Virgin Islands, and the District of Columbia, this corporation caters to over 20,000 residents and patients. Its team of approximately 2,800 employees work tirelessly to ensure the well-being of those they serve.
The Retirement Housing Foundation's development and management expertise is a valuable asset in the affordable housing sector. Through either direct management or affiliated non-profit corporations, this organization plays a significant role in creating communities where low and very low-income families and the elderly can call home. The corporation's commitment to quality of life is evident in the numerous facilities they manage, which cater to a diverse range of individuals in need.
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Impact
October, 2024
Retirement Housing Foundation significantly impacts the lives of low-income families and the elderly by developing and managing affordable housing and assisted living communities. By providing expert management and development services, it enhances the quality of life for over 20,000 residents across 29 states, including the Virgin Islands, Puerto Rico, and Washington, D.C.
The foundation offers a crucial support system for individuals with limited incomes, ensuring access to affordable housing and essential services. This focus on inclusivity and support fosters a community environment that safeguards the physical, mental, and spiritual well-being of its residents. With a dedicated workforce of approximately 2,800 employees, Retirement Housing Foundation plays an essential role in addressing the housing needs of vulnerable populations, promoting dignity and independence while ensuring a better quality of life for those it serves.
This information is meant to be a general summary of Retirement Housing Foundation. 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 2022.
- Investment Income: $3,617,658
- Program Service Revenue: $24,756,133
- Gross Receipts: $62,777,193
Assets and Liabilities:
- Total Assets: $198,507,383
- Total Liabilities: $82,015,568
- Net Assets: $116,491,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM MANAGEMENT FEES
Revenue
$16,776,081
DEVELOPMENT FEES
Revenue
$4,322,167
PERSONAL CARE REVENUE
Revenue
$1,241,917
INDEPENDENT LIVING REVENUE
Revenue
$1,226,821
ASSISTED LIVING REVENUE
Revenue
$1,182,175
Organization Details
Founding Year
1961
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: P75 - Human services
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