Overview
What is Shelbyville Inc?
Shelbyville Inc is a not-for-profit corporation established in accordance with Indiana's not-for-profit statutes. Its primary mission is to operate the Charles Major Manor, a 50-unit community situated in Shelbyville, Indiana. This community serves as housing for low-income elderly individuals, adhering to Section 202 of the National Housing Act. The original mortgage for the Manor was subsequently refinanced under Section 207, in line with Section 223(F) of the National Housing Act. The Charles Major Manor, managed by Shelbyville Inc, aims to provide a supportive living environment for the elderly population in the area.
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)
Shelbyville Inc has received an 81% rating from Charity Navigator, which translates to a Three-Star rating. This score is driven entirely by their performance in the Accountability & Finance category, reflecting strong governance and fiscal responsibility. The organization showcases transparency with independent board oversight, as they scored full points for having a majority of independent board members and a sound audit and oversight committee.
The nonprofit excels in its financial management, evidenced by a high program expense ratio of 89.27%, indicating that a significant portion of its expenditures directly supports its mission. Additionally, Shelbyville Inc has comprehensive policies in place, including conflict of interest and whistleblower protections, which contribute to a solid governance structure.
While the organization demonstrates strong accountability, the rating does not provide insights into program effectiveness or long-term sustainability, which could be potential areas for further evaluation. Overall, Shelbyville Inc appears to be a well-managed nonprofit focused on responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Shelbyville Inc legitimate?
Shelbyville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelbyville 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 Shelbyville Inc?
Shelbyville Inc, a not-for-profit organization, was established in accordance with the state of Indiana's not-for-profit statutes. Its primary objective is to manage a 50-unit community known as Charles Major Manor, providing housing for low-income elderly individuals. This is in line with Section 202 of the National Housing Act, which was later amended. The original mortgage for this project was refinanced under Section 207, also utilizing Section 223(F) of the National Housing Act, as amended. In essence, Shelbyville Inc's mission is to offer affordable housing solutions for the elderly, adhering to the guidelines set forth by the National Housing Act.
Official website here: www.rhf.org
Who is the CEO of Shelbyville Inc?
Stuart Hartman is the Principal Officer of Shelbyville Inc. The CEO's salary of Shelbyville Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Shelbyville Inc?
Shelbyville Inc's revenue in 2022 was $509,702.
Official website here: www.rhf.org
Who are the executives of Shelbyville Inc and what are their salaries?
Here are 33 key members and their salaries (Shelbyville 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 Shelbyville Inc?
Shelbyville 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 Shelbyville Inc
Shelbyville Inc, a not-for-profit corporation formed in accordance with Indiana's statutes, was established with a mission to provide housing for low-income elderly individuals. This mission is carried out through the operation of a 50-unit community named Charles Major Manor, located in an unspecified location. This community operates under Section 202 of the National Housing Act, which is designed to facilitate housing for such individuals. The original mortgage for this community was subsequently refinanced under Section 207, following which it was further refinanced under Section 223(F) of the National Housing Act. This refinancing process further strengthened and secured the provision of housing for the elderly population that Shelbyville Inc serves. In essence, Shelbyville Inc is dedicated to enhancing the living conditions of low-income elderly individuals by providing them with suitable housing, thereby contributing to their overall well-being.
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Impact
July, 2024
Shelbyville Inc's impact lies in providing housing for low-income elderly persons through its operation of Charles Major Manor in Shelbyville, Indiana. This nonprofit corporation plays a crucial role in offering affordable housing options to a vulnerable and often marginalized demographic, in accordance with the National Housing Act. By ensuring that these individuals have a safe and comfortable place to live, Shelbyville Inc contributes to enhancing their quality of life and well-being.
This information is meant to be a general summary of Shelbyville 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: $214
- Program Service Revenue: $149,883
- Gross Receipts: $509,702
Assets and Liabilities:
- Total Assets: $987,140
- Total Liabilities: $1,669,412
- Net Assets: -$682,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$149,883
Organization Details
Founding Year
1983
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L22Z - Housing
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