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Harbor Tower The Nonprofit

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

EIN: 953072221 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is Harbor Tower The Nonprofit?

Harbor Tower The Nonprofit, located in Long Beach, California (90815), is a dedicate organization aimed at improving the living conditions of low-income elderly individuals. Their primary mission is to provide affordable housing assistance and financing for affordable housing facilities. This goal is driven by a desire to improve the overall well-being of these individuals, encompassing their physical, mental, and spiritual needs. By offering such support, Harbor Tower The Nonprofit strives to create an environment that enhances the quality of life for the elderly population it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72%, Two-Star out of Four Star rating.

Harbor Tower The Nonprofit has received a Two-Star rating from Charity Navigator, with an overall score of 72% based primarily on its Accountability & Finance metrics. The organization performs well in terms of having a majority of independent board members and maintaining low liabilities relative to its assets. Additionally, it shows a strong commitment to directing a significant portion of its expenses (92.66%) toward its programs.

However, the nonprofit faces challenges in reporting and transparency. It received no points for financial statements, as none were available, and its tax form was also missing from its website, which raises concerns about accessibility and accountability. While it has strong policies in place for conflict of interest, whistleblower protection, and document retention, the absence of essential financial documentation limits its overall rating.

In summary, while Harbor Tower The Nonprofit demonstrates strengths in governance and program funding, the lack of available financial statements and transparency issues present limitations that could impact donor confidence and engagement.


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

Is Harbor Tower The Nonprofit legitimate?

Harbor Tower The Nonprofit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Tower The Nonprofit 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

What is the mission statement of Harbor Tower The Nonprofit?

Harbor Tower The Nonprofit's mission is focused on assisting low-income elderly individuals by providing affordable housing and related services. The organization aims to enhance their quality of life, encompassing physical, mental, and spiritual well-being. To achieve this, they offer financing for affordable housing facilities, creating an environment that supports their overall well-being.

Who is the CEO of Harbor Tower The Nonprofit?

Stuart Hartman is the Principal Officer of Harbor Tower The Nonprofit. The CEO's salary of Harbor Tower The Nonprofit is $0 and their total compensation is $399,323.

What is the revenue of Harbor Tower The Nonprofit?

Harbor Tower The Nonprofit's revenue in 2022 was $1,050,221.

Who are the executives of Harbor Tower The Nonprofit and what are their salaries?


Here are 27 key members and their salaries (Harbor Tower The Nonprofit'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 (Former 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
Rev Oliver E Buie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Burrus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule Jo Salary (Disclosure - Pgs 34 & 38)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harbor Tower The Nonprofit?

Harbor Tower The Nonprofit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Harbor Tower The Nonprofit

Harbor Tower The Nonprofit is committed to providing affordable housing assistance and services to low-income elderly individuals. Their mission is to create an environment that enhances the quality of life for these individuals, considering their physical, mental, and spiritual well-being. By offering financial support to affordable housing facilities, Harbor Tower The Nonprofit aims to contribute to a living situation that promotes overall wellness for the elderly population. This nonprofit organization works diligently to make a meaningful difference in the lives of these individuals, ensuring they have access to safe and affordable housing.

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Impact




July, 2024

Harbor Tower provides essential support and services to low-income elderly individuals in Long Beach, CA, through affordable housing assistance and financing for housing facilities. Their mission is to create an environment that improves the quality of life for these individuals in terms of their physical, mental, and spiritual well-being. Through their focus on providing affordable housing options, Harbor Tower positively impacts the lives of low-income elderly residents in the community, ensuring they have access to safe and comfortable living spaces that support their overall well-being.




This information is meant to be a general summary of Harbor Tower The Nonprofit. 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
$1,050,221 (2022)
Expenses
$321,633 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,442
  • Program Service Revenue: $1,017,735
  • Gross Receipts: $1,050,221

Assets and Liabilities:

  • Total Assets: $23,386,413
  • Total Liabilities: $17,600
  • Net Assets: $23,368,813

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Programs

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

INTEREST INCOME FROM N

Revenue

$1,017,735

Organization Details

Founding Year

1975

Principal Officer

Stuart Hartman

Main Address

911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: L210 - Housing

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