Overview
What is Mayflower Gardens Ii?
Mayflower Gardens II is a California-based, not-for-profit corporation established according to the state's nonprofit statutes. Its primary purpose is to manage a 76-unit senior living community, named Mayflower Gardens II, situated in Lancaster, California. This community is specifically designed to provide affordable housing for low-income elderly individuals. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 221(D)(3) of the National Housing Act, to support its mission. During the fiscal year ending February 28, 2021, the mortgage on this property was fully paid off.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Mayflower Gardens II has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrated excellent stewardship of resources, evidenced by a high program expense ratio of 85.58%, indicating that a significant portion of its funding is directed toward its mission-related programs.
The nonprofit's governance is also commendable, with a fully independent board comprised of 100% independent members, ensuring that decision-making is free from conflicts of interest. Additionally, the organization maintains rigorous policies related to audit oversight, document retention, and whistleblower protections, showcasing a commitment to transparency and ethical practices.
While the ratings highlight numerous strengths, there are no noted limitations regarding material diversions of assets or financial management. This robust financial oversight and a strong governance structure position Mayflower Gardens II as a trustworthy and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mayflower Gardens Ii legitimate?
Mayflower Gardens Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayflower Gardens Ii 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 Mayflower Gardens Ii?
Mayflower Gardens II is a not-for-profit corporation established in accordance with California's not-for-profit statutes. Its primary purpose is to operate a 76-unit community, known as Mayflower Gardens II, providing housing for low-income elderly individuals. The corporation receives housing assistance payments from the U.S. Department of Housing and Urban Development, under Section 221(D)(3) of the National Housing Act, which was amended. In the fiscal year ending February 28, 2021, the mortgage for Mayflower Gardens II was fully paid off. While the provided information does not specify a mission statement per se, it can be inferred that the organization's mission revolves around providing affordable housing and support for the elderly.
Official website here: www.rhf.org
Who is the CEO of Mayflower Gardens Ii?
Hartman Stuart J is the CEO of Mayflower Gardens Ii The CEO's salary of Mayflower Gardens Ii is $0 and their total compensation is $685,724.
Official website here: www.rhf.org
What is the revenue of Mayflower Gardens Ii?
Mayflower Gardens Ii's revenue in 2024 was $1,700,324.
Official website here: www.rhf.org
Who are the executives of Mayflower Gardens Ii and what are their salaries?
Here are 35 key members and their salaries (Mayflower Gardens Ii's CEO's salary is $0 and their total compensation is $685,724):
- Compensation: $0
- Related: $617,596
- Other: $68,128
- Compensation: $0
- Related: $440,286
- Other: $49,216
- Compensation: $0
- Related: $378,582
- Other: $25,235
- Compensation: $0
- Related: $259,219
- Other: $21,908
- Compensation: $0
- Related: $246,158
- Other: $37,102
- Compensation: $0
- Related: $248,822
- Other: $40,606
- Compensation: $0
- Related: $245,158
- Other: $41,335
- Compensation: $0
- Related: $242,093
- Other: $46,746
- Compensation: $0
- Related: $239,642
- Other: $49,191
- Compensation: $0
- Related: $228,362
- Other: $48,817
- Compensation: $0
- Related: $223,831
- Other: $4,520
- Compensation: $0
- Related: $210,648
- Other: $3,734
- Compensation: $0
- Related: $209,162
- Other: $18,816
- Compensation: $0
- Related: $197,200
- Other: $19,731
- Compensation: $0
- Related: $184,618
- Other: $4,763
- Compensation: $0
- Related: $177,682
- Other: $5,331
- Compensation: $0
- Related: $177,323
- Other: $16,482
- Compensation: $0
- Related: $173,077
- Other: $5,192
- Compensation: $0
- Related: $166,856
- Other: $23,842
- Compensation: $0
- Related: $168,542
- Other: $19,443
- Compensation: $0
- Related: $153,750
- Other: $18,784
- Compensation: $0
- Related: $151,652
- Other: $6,199
- Compensation: $0
- Related: $153,972
- Other: $18,804
- Compensation: $0
- Related: $147,014
- Other: $18,185
- Compensation: $0
- Related: $143,382
- Other: $17,693
- Compensation: $0
- Related: $137,523
- Other: $16,437
- Compensation: $0
- Related: $137,151
- Other: $16,749
- 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 Mayflower Gardens Ii?
Mayflower Gardens Ii'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 Mayflower Gardens Ii
Mayflower Gardens II is a not-for-profit corporation established in accordance with California's not-for-profit statutes. Its primary purpose is to operate a community housing facility, known as Mayflower Gardens II, which provides affordable housing for low-income elderly individuals. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development under Section 221(D)(3) of the National Housing Act, as amended. In the fiscal year ending on February 28, 2021, Mayflower Gardens II managed to pay off its mortgage in full.
Mayflower Gardens II's mission is centered around providing a safe and affordable living environment for elderly individuals who fall under the category of low income. The not-for-profit corporation receives funding from the U.S. Department of Housing and Urban Development, which allows it to maintain and manage the 76-unit Mayflower Gardens II facility. This financial assistance ensures that the housing remains accessible and affordable for the target demographic, enabling them to live comfortably and securely. During the mentioned fiscal year, the corporation successfully managed to pay off its mortgage, demonstrating its financial stability and commitment to its mission.
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Impact
July, 2024
Mayflower Gardens II's impact is centered around providing housing for low-income elderly individuals in Lancaster, California. As a nonprofit corporation, Mayflower Gardens II operates a 76-unit community that receives housing assistance payments from the U.S. Department of Housing and Urban Development. By offering affordable housing options for this vulnerable population, Mayflower Gardens II plays a crucial role in ensuring that elderly individuals have a safe and stable place to call home.
This information is meant to be a general summary of Mayflower Gardens Ii. 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 2024.
- Investment Income: $43,996
- Program Service Revenue: $275,754
- Gross Receipts: $1,700,324
Assets and Liabilities:
- Total Assets: $3,270,346
- Total Liabilities: $90,063
- Net Assets: $3,180,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$275,754
Organization Details
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