Rhf Foundation
Only 53% goes to programs $0 to raise $100 Strong reserves
Rhf Foundation is a 501(c)(3) organization based in Long Beach, California, registered in 1998, with $13,916,281 in FY2023 revenue. CharityIndex grades it A, and it directs about 53% of spending to programs.
911 N Studebaker Road, Long Beach, CA, 90815 EIN 91-2145934 Since 1998
Revenue (FY2023)
$13.9M
▼ 77.7% vs prior year
Housing median: $408K
Expenses (FY2023)
$6.6M
Net assets
$238.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating53% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Rhf Foundation: 53% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating437 mo reserves · +53% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rhf Foundation: 437 mo reserves · +53% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Rhf Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rhf Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide low and very low income housing development and resident benevolent care.
Contact & location
- Address
- 911 N Studebaker Road, Long Beach, CA, 90815
- City
- Long Beach
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $7.6M (FY2013) to $13.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $78.1MNet assets $238.9M
Operating margin
52.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$317.1M
Total liabilities
$78.1M
Net assets
$238.9M
Salaries & benefits
$1.0M
16% of expenses
Board members
5
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,916,281▼77.7% | $6,561,321▼69.6% | $238,944,689▲5.3% | $317,071,245▲2.9% | 990 |
| 2022 | $62,430,584▲2394% | $21,548,238▲93.1% | $226,899,990▲22.9% | $308,052,827▲50.9% | 990 |
| 2021 | $2,502,811▼83.2% | $11,161,053▼21.6% | $184,694,947▼6.2% | $204,186,650▼5.4% | 990 |
| 2020 | $14,903,975▲134% | $14,235,193▲81.6% | $196,822,641▲0.4% | $215,917,223▼0.2% | 990 |
| 2019 | $6,359,464▼9.4% | $7,838,375▼7.6% | $195,976,302▼0.5% | $216,458,207▲0.8% | 990 |
| 2018 | $7,020,020▼92.7% | $8,486,315▼42.7% | $196,978,180▼0.4% | $214,747,050▼0.2% | 990 |
| 2017 | $96,573,058▲838% | $14,820,938▲703% | $197,839,796▲70.2% | $215,150,125▲68.2% | 990 |
| 2016 | $10,297,982▲112% | $1,845,478▼15.4% | $116,241,360▲8.3% | $127,933,233▲8.2% | 990 |
| 2015 | $4,864,831▼45.5% | $2,180,501▲61.6% | $107,303,540▲1.9% | $118,289,993▲1.7% | 990 |
| 2014 | $8,920,872▲17.9% | $1,349,734▼26.2% | $105,301,811▲5.8% | $116,332,436▲3.7% | 990 |
| 2013 | $7,566,766 | $1,829,038▲139% | $99,488,002▲6.2% | $112,169,365▲4.9% | 990 |
| 2012 | — | $765,371▲37.2% | $93,660,825▲4.0% | $106,946,114▲3.7% | 990 |
| 2011 | — | $557,842▼23.4% | $90,020,177▲5.6% | $103,101,429▲4.8% | 990 |
| 2010 | — | $728,563▲11.0% | $85,252,809▲44.4% | $98,348,445▲37.5% | 990 |
| 2009 | — | $656,078 | $59,031,504 | $71,539,049 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amberg Robert R | Executive Vp Gen Counsel | 0.2 | — |
| Desaegher Norma N | Vice President | 0.2 | — |
| East Raymond E | Director | 0.2 | — |
| Fard Bob J | Vp Acquis and Proj Dev | 0.2 | — |
| Fox Buchan Laura L | Director of Corp Records | 0.2 | — |
| Gilchrist Kevin Darrell | Vp Development Finance | 0.2 | — |
| Hart Donald G | Director | 0.2 | — |
| Hartman Stuart J | President/ceo | 0.2 | — |
| Koide Brian M | Director | 0.2 | — |
| Little Lori | Director and Vp | 0.2 | — |
| Magnone Vincent B | Vp Treasury & Invstmt Off | 0.2 | — |
| Potter Christina E | Director | 0.2 | — |
| Readinger Michael | Director | 0.2 | — |
| Rossello Frank Jr | Cfo and Vp of Finance | 0.2 | — |
| Titus Stephanie L | Vp Philanthropy/cso | 0.2 | — |
Top vendors & contractors (FY2019)
| Contractor | Services | Paid |
|---|---|---|
| American Community Home Builder | General Contractor | $4,963,742 |
| Hamel Builders Inc | General Contractor | $2,928,833 |
| Studio 111 | Architect | $559,330 |
| Housing Opportunities Unlimited | General Contractor | $258,799 |
| Grimm and Parker Architecture | Architect | $194,447 |
Grants received · $6.2M total
9 grants to Rhf Foundation totaling $6.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2023 | $1,192,763 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2022 | $917,373 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2022 | $100,000 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2022 | $36,700 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2020 | $1,361,843 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2019 | $876,334 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2018 | $951,407 |
| Retirement Housing Foundation | To provide additional support to related charitable organization which is in need of financial assistance. | 2017 | $585,734 |
| Retirement Housing Foundation | To provide additional support to related organization which is in need of financial assistance. | 2014 | $167,168 |
Grants made · $1.7M in FY2023
1 grant totaling $1.7M in FY2023. All grants made by Rhf Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Retirement Housing Foundation | To assist a related organization in providing senior housing and related services. | $1,706,834 |
Similar organizations in Housing
Housing
Santa Barbara Affordable Housing Group
Santa Barbara, CA
$13.9M
Dannual revenue
- Housing
Kendal At Sonoma A Zen Inspired Community
Healdsburg, CA
$13.9M
Dannual revenue
Housing
Midpen Resident Services Corporation
Foster City, CA
$14.0M
Bannual revenue
Housing
Shelter Partnership Inc
Los Angeles, CA
$14.0M
Dannual revenue
Housing
Long Beach Rescue Mission
Long Beach, CA
$13.8M
Bannual revenue
- Housing
Pico-union Housing Corporation
Los Angeles, CA
$14.2M
C+annual revenue
Housing
Southern California Housing Development Corporation of
Rch Cucamonga, CA
$14.2M
Bannual revenue
Housing
Fresno Rescue Mission
Fresno, CA
$13.5M
Bannual revenue
Housing
Alameda County Homeless Action Center
Berkeley, CA
$14.4M
Bannual revenue
Housing
Alameda Affordable Housing Corporation
Alameda, CA
$13.4M
Dannual revenue
Compare Rhf Foundation
Frequently asked questions
- Is Rhf Foundation a legitimate nonprofit?
- Yes. Rhf Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-2145934, based in Long Beach, California. Donations are tax-deductible.
- What is Rhf Foundation's EIN?
- Rhf Foundation's Employer Identification Number (EIN) is 91-2145934.
- How much revenue does Rhf Foundation report?
- Rhf Foundation reported $13,916,281 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Rhf Foundation's spending goes to programs?
- Rhf Foundation spends about 53% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rhf Foundation have?
- CharityIndex grades Rhf Foundation A, based on program efficiency and fundraising cost.
- How much does Rhf Foundation's highest-paid employee make?
- The highest reported compensation on Rhf Foundation's latest Form 990 is $0, paid to Amberg Robert R (Executive Vp Gen Counsel).
More nonprofits in Long Beach
Explore more
Data for Rhf Foundation (EIN 91-2145934) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.