Overview
What is Ecumenical Retirement Housing Inc?
Ecumenical Retirement Housing Inc. is a nonprofit organization, established in accordance with Wisconsin's not-for-profit statutes. Their primary purpose is to manage a 76-unit community called Monona Meadows, located in Monona, Wisconsin. This community offers housing for low-income elderly individuals. Ecumenical Retirement Housing Inc. receives financial assistance from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act, and the original mortgage was later refinanced under Section 207, as per Section 223(F) of the same act. The organization's mission is to provide a safe and supportive living environment for the elderly population in need.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Ecumenical Retirement Housing Inc has achieved an 81% rating, reflecting a robust performance in terms of accountability and finance. This rating is derived solely from its accountability and finance score, which highlights the organization’s strong governance and financial practices. The nonprofit demonstrates high standards, with 100% independent board members and exemplary financial oversight measures.
The organization excels in financial transparency, evidenced by a program expense ratio of 92.53%, indicating that a significant portion of its expenditures directly supports its mission. Key governance policies, such as conflict of interest and whistleblower policies, are in place, ensuring ethical management and operational integrity. The presence of a well-structured audit and oversight committee further reinforces the organization's commitment to accountability.
However, while the financial health appears solid, concerns may arise regarding the compensation levels of key executives, which are notably high. Understanding the balance between compensation and mission effectiveness may be important for stakeholders and donors assessing the organization's overall value and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Ecumenical Retirement Housing Inc legitimate?
Ecumenical Retirement Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecumenical Retirement Housing 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.
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 Ecumenical Retirement Housing Inc?
Ecumenical Retirement Housing Inc, as a not-for-profit corporation, was established to operate a housing community for low-income elderly individuals. Located in an undisclosed location, the community, known as Monona Meadows, offers 76 units of housing. The corporation receives financial assistance from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, and has refinanced its original mortgage using Section 207 and Section 223(F) of the same act. While the provided information does not offer a clear mission statement, it can be inferred that Ecumenical Retirement Housing Inc's primary goal is to provide affordable housing for the elderly, with support from federal housing programs.
Official website here: www.rhf.org
Who is the CEO of Ecumenical Retirement Housing Inc?
Stuart Hartman is the Principal Officer of Ecumenical Retirement Housing Inc. The CEO's salary of Ecumenical Retirement Housing Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Ecumenical Retirement Housing Inc?
Ecumenical Retirement Housing Inc's revenue in 2022 was $886,896.
Official website here: www.rhf.org
Who are the executives of Ecumenical Retirement Housing Inc and what are their salaries?
Here are 33 key members and their salaries (Ecumenical Retirement Housing Inc's CEO's salary is $0 and their total compensation is $399,323):
- Compensation: $0
- Related: $529,406
- Other: $72,819
- Compensation: $0
- Related: $400,678
- Other: $45,884
- Compensation: $0
- Related: $370,863
- Other: $28,460
- Compensation: $0
- Related: $285,306
- Other: $23,599
- Compensation: $0
- Related: $249,358
- Other: $38,027
- Compensation: $0
- Related: $225,577
- Other: $40,729
- Compensation: $0
- Related: $228,343
- Other: $34,063
- Compensation: $0
- Related: $215,812
- Other: $30,308
- Compensation: $0
- Related: $199,807
- Other: $40,223
- Compensation: $0
- Related: $215,329
- Other: $22,887
- Compensation: $0
- Related: $220,808
- Other: $2,920
- Compensation: $0
- Related: $184,532
- Other: $14,950
- Compensation: $0
- Related: $178,388
- Other: $16,625
- Compensation: $0
- Related: $174,418
- Other: $13,813
- Compensation: $0
- Related: $165,932
- Other: $16,120
- Compensation: $0
- Related: $154,798
- Other: $15,575
- Compensation: $0
- Related: $151,008
- Other: $14,176
- Compensation: $0
- Related: $147,277
- Other: $13,966
- Compensation: $0
- Related: $148,404
- Other: $12,505
- Compensation: $0
- Related: $139,727
- Other: $20,173
- Compensation: $0
- Related: $153,823
- Other: $4,615
- Compensation: $0
- Related: $146,427
- Other: $2,944
- Compensation: $0
- Related: $139,916
- Other: $3,250
- Compensation: $0
- Related: $66,364
- Other: $2,374
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rhf.org
Where can I find the form 990 for Ecumenical Retirement Housing Inc?
Ecumenical Retirement Housing 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 Ecumenical Retirement Housing Inc
Ecumenical Retirement Housing Inc, a not-for-profit corporation, was established with a mission to serve the elderly community. The organization was formed in accordance with Wisconsin's not-for-profit statutes and was established to operate Monona Meadows, a 76-unit community located in Monona, Wisconsin. Monona Meadows provides affordable housing for low-income elderly individuals. To support this mission, Ecumenical Retirement Housing Inc receives housing assistance payments from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act. The original mortgage on Monona Meadows was subsequently refinanced under Section 207, also through the National Housing Act, with assistance from Section 223(F). This financial support allows Ecumenical Retirement Housing Inc to continue providing safe, affordable housing for the elderly community, ensuring they can age with dignity and independence.
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Impact
July, 2024
Ecumenical Retirement Housing Inc's impact can be seen through its operation of Monona Meadows, a 76-unit community located in Monona, Wisconsin, providing housing for low-income elderly persons. The organization receives housing assistance payments from the U.S. Department of Housing and Urban Development, ensuring that vulnerable elderly individuals have access to affordable and safe housing. By offering these housing options, Ecumenical Retirement Housing Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in the community.
This information is meant to be a general summary of Ecumenical Retirement Housing Inc. 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: $1,047
- Program Service Revenue: $266,134
- Gross Receipts: $886,896
Assets and Liabilities:
- Total Assets: $2,719,000
- Total Liabilities: $2,220,436
- Net Assets: $498,564
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$266,134
Organization Details
Founding Year
1982
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L210 - Housing
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