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Mayflower Gardens Ii

Mayflower Gardens Ii

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

EIN: 953315308 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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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?

Stuart Hartman is the Principal Officer of Mayflower Gardens Ii. The CEO's salary of Mayflower Gardens Ii is $0 and their total compensation is $682,064.


Official website here: www.rhf.org

What is the revenue of Mayflower Gardens Ii?

Mayflower Gardens Ii's revenue in 2023 was $1,179,618.


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 $682,064):


Hartman Stuart J (President/Ceo)
  • Compensation: $0
  • Related: $608,035
  • Other: $74,029
Amberg Robert R (Executive Vp Gen Counsel)
  • Compensation: $0
  • Related: $442,308
  • Other: $43,069
Rossello Frank Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $313,582
  • Other: $17,519
Napierskie David W (Vp Health Care Operations)
  • Compensation: $0
  • Related: $242,812
  • Other: $11,672
Magnone Vincent B (Vp Treasury & Invstmt Off)
  • Compensation: $0
  • Related: $239,282
  • Other: $29,102
Battaglia Nada (Vp Human Resources)
  • Compensation: $0
  • Related: $235,353
  • Other: $42,526
Titus Stephanie L (Vp Philanthropy/Cso)
  • Compensation: $0
  • Related: $231,220
  • Other: $42,394
Gilchrist Kevin Darrell (Vp Development Finance)
  • Compensation: $0
  • Related: $218,679
  • Other: $16,908
Fard Bobby J (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $214,343
  • Other: $15,930
Purcell Christopher J (Controller)
  • Compensation: $0
  • Related: $195,871
  • Other: $18,163
Clow John C (Vp Risk Management)
  • Compensation: $0
  • Related: $196,730
  • Other: $13,455
Steckbeck Kent (Budget & Analytics Dir)
  • Compensation: $0
  • Related: $167,122
  • Other: $5,014
Plett Anders D (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $165,017
  • Other: $12,398
Robinson Tina M (Director Of Acct Exempt)
  • Compensation: $0
  • Related: $161,428
  • Other: $13,535
Phelps Lori Ann (Info Systems Director)
  • Compensation: $0
  • Related: $160,693
  • Other: $4,725
Mickelson Lavonne R (Dir Of Afford Housing Ops)
  • Compensation: $0
  • Related: $162,871
  • Other: $13,914
King Diane D (Compl And Privacy Officer)
  • Compensation: $0
  • Related: $161,559
  • Other: $15,584
Silva Joanne L (Vp Occupancy & Tax Credit)
  • Compensation: $0
  • Related: $158,830
  • Other: $21,653
Webb Florence E (Development Pm - Sr)
  • Compensation: $0
  • Related: $156,800
  • Other: $12,888
Fox Buchan Laura L (Director Of Corp Records)
  • Compensation: $0
  • Related: $150,563
  • Other: $9,786
Ragon Christy Ann (Vp Of Communications)
  • Compensation: $0
  • Related: $151,621
  • Other: $16,442
Ingrao Salvatore A (Devel Accounting Dir)
  • Compensation: $0
  • Related: $148,565
  • Other: $4,498
Young Seesee (Internal Audit Director)
  • Compensation: $0
  • Related: $147,762
  • Other: $5,391
Ricano Peggy (Acct Manager Exempt)
  • Compensation: $0
  • Related: $147,683
  • Other: $14,966
Rivera Michael (Reg'L Manager Health Care)
  • Compensation: $0
  • Related: $149,091
  • Other: $3,501
Diaz Andres G (Constr Project Manager)
  • Compensation: $0
  • Related: $145,806
  • Other: $13,849
Bunn Andrew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desaegher Norma N (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
East Raymond E (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bauman John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moyer David S (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hart Donald G (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pollock Jeffrey R (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sexton Darryl M (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule Jo Salary (Disclosure - Pgs 34 & 38)
  • 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 2023 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.

Revenue
$1,179,618 (2023)
Expenses
$699,303 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$53,149
  • Program Service Revenue: $263,439
  • Gross Receipts: $1,235,457

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

$263,439

Organization Details

Founding Year

1977

Principal Officer

Stuart Hartman

Main Address

911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

NTEE Category

Code: L22Z - Housing

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