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Foundation Property Management Inc

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

EIN: 953651050 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Foundation Property Management Inc?

Foundation Property Management Inc is a nonprofit organization based in Long Beach, California, with a mission to offer centralized management and administrative services to over 190 related tax-exempt and other organizations. These organizations operate low and very low income as well as market rate retirement housing communities, assisted living facilities, and skilled nursing homes. By providing these services, Foundation Property Management Inc aims to support the smooth operation of these essential facilities for the benefit of their residents. Their team consists of 37 dedicated individuals.


Official website here: www.rhf.org

Is Foundation Property Management Inc legitimate?

Foundation Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Property Management Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $469,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,217,813

For more financial information, click here


Official website here: www.rhf.org

What is the mission statement of Foundation Property Management Inc?

Foundation Property Management Inc is committed to offering centralized management and administrative services to organizations operating low and very low income, as well as market rate, retirement housing communities, assisted living facilities, and skilled nursing homes. The non-profit caters to over 190 related tax-exempt and other organizations, ensuring efficient and effective administration for these facilities. By providing these services, Foundation Property Management Inc aims to improve the living conditions and overall management of these communities, ultimately enhancing the quality of life for their residents.


Official website here: www.rhf.org

Who is the CEO of Foundation Property Management Inc?

Stuart Hartman is the Principal Officer of Foundation Property Management Inc. The CEO's salary of Foundation Property Management Inc is $0 and their total compensation is $399,323.


Official website here: www.rhf.org

What is the revenue of Foundation Property Management Inc?

Foundation Property Management Inc's revenue in 2022 was $16,360,712.


Official website here: www.rhf.org

Who are the executives of Foundation Property Management Inc and what are their salaries?

The average compensation at Foundation Property Management Inc during 2022 was $72,639. There are 37 employees and 7 volunteers at Foundation Property Management Inc.

Here are 23 key members and their salaries (Foundation Property Management Inc's CEO's salary is $0 and their total compensation is $399,323):

    Hartman Stuart J (Ceo)
  • Compensation: $0
  • Related: $529,406
  • Other: $72,819

    • Amberg Robert R (Sr Vp Gen Counsel)
  • Compensation: $0
  • Related: $400,678
  • Other: $45,884

    • Joseph Laverne (Past President/Ceo)
  • Compensation: $0
  • Related: $370,863
  • Other: $28,460

    • Rossello Jr Frank (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $285,306
  • Other: $23,599

    • Plett Anders D (Vp Acquistions And Proj Dev)
  • Compensation: $0
  • Related: $249,358
  • Other: $38,027

    • Battaglia Nada (Vp Human Resources)
  • Compensation: $0
  • Related: $225,577
  • Other: $40,729

    • Magnone Vincent B (Vp Treasury & Invstmt Off)
  • Compensation: $0
  • Related: $228,343
  • Other: $34,063

    • Glenn Perry C (Vp Housing Operations)
  • Compensation: $215,812
  • Related: $0
  • Other: $30,308

    • Titus Stephanie L (Vp Philanthropy)
  • Compensation: $0
  • Related: $199,807
  • Other: $40,223

    • Stouff Deborah J (Vp Corp Records / Corp Secretary)
  • Compensation: $0
  • Related: $215,329
  • Other: $22,887

    • Napierskie David W (Vp Health Care Operations)
  • Compensation: $220,808
  • Related: $0
  • Other: $2,920

    • Gilchrist Kevin D (Sr Dir Of Dev. Finance)
  • Compensation: $0
  • Related: $184,532
  • Other: $14,950

    • Clow John C (Sr Director Of Risk Mgt)
  • Compensation: $0
  • Related: $178,388
  • Other: $16,625

    • Fard Bobby J (Sr Director Of Acquisitions)
  • Compensation: $0
  • Related: $174,418
  • Other: $13,813

    • Purcell Christopher J (Controller)
  • Compensation: $0
  • Related: $165,932
  • Other: $16,120

    • Laura Fox Buchan (Corp Secretary)
  • Compensation: $0
  • Related: $66,364
  • Other: $2,374

    • David A Ethington (Board President (Term Ended)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norma Desaegher (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond E East (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Jeffrey Pollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David S Moyer (Vice President And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina E Potter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darryl M Sexton (Director (Term Ended))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rhf.org

    Where can I find the form 990 for Foundation Property Management Inc?

    The Foundation Property Management Inc’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 Foundation Property Management Inc

    Foundation Property Management Inc, a centralized management and administrative services provider, is dedicated to supporting over 190 organizations that operate low and very low income and market rate retirement housing communities, assisted living, and skilled nursing facilities. In simple terms, this organization plays a vital role in managing the day-to-day operations of a diverse range of housing and care facilities for the benefit of their residents.

    Through its mission, Foundation Property Management Inc ensures that these organizations have access to essential management and administrative services, enabling them to focus on their core missions of providing quality housing and care for their residents. By offering centralized services, the organization streamlines operations and helps these organizations operate more efficiently and effectively. In doing so, it ultimately contributes to enhancing the living experiences of the elderly and vulnerable populations they serve.

    In summary, Foundation Property Management Inc acts as a supportive partner to a wide range of organizations, providing them with the administrative and managerial expertise needed to successfully run their low and very low income and market rate retirement housing communities, assisted living, and skilled nursing facilities. This, in turn, empowers these organizations to dedicate their resources to delivering high-quality services and care to their residents.

    Impact

    This information is meant to be a general summary of Foundation Property Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Foundation Property Management Inc's impact can be seen in its provision of centralized management and administrative services to over 190 related tax-exempt and other organizations that operate low and very low-income retirement housing communities, assisted living facilities, and skilled nursing facilities. By offering these essential services, Foundation Property Management Inc plays a crucial role in supporting the well-being and quality of life of individuals in need, particularly those from low-income backgrounds. Through their dedicated work in managing and facilitating these vital care facilities, Foundation Property Management Inc contributes to the provision of human services to vulnerable populations, ensuring they receive the care and support they require for a dignified and comfortable living environment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $16,360,712
  • Gross Receipts: $16,360,712

    • Assets and Liabilities:
  • Total Assets: $929,784
  • Total Liabilities: $23,475,033
  • Net Assets: -$22,545,249
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $14,479,876

    ACCOUNTING FEES

    Revenue

    $1,421,769

    OCCUPANCY FEES

    Revenue

    $343,336

    SERVICE COORDINATOR FEES

    Revenue

    $115,731

    Organization Details

    Founding Year

    1981

    Principal Officer

    Stuart Hartman

    Main Address

    911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

    NTEE Category

    Code: P020 - Human services

    If you are a representative of Foundation Property Management Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.