Phoenix Rhf Housing Inc
Nonprofit profile at a glance
- EIN
- 860661151
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Long Beach, CA, USA
- Phone
- 5622575100
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $615,650
- Expenses
- $520,939
- Assets
- $997,767
- Liabilities
- $1,125,633
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- HARTMAN STUART J (PRESIDENT/CEO)
- DESAEGHER NORMA N (VICE PRESIDENT)
Highest reported compensation
- HARTMAN STUART J (PRESIDENT/CEO): $770,133 total reported compensation
- AMBERG ROBERT R (EXECUTIVE VP GEN COUNSEL): $530,647 total reported compensation
- ROSSELLO FRANK JR (CFO AND VP OF FINANCE): $488,122 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Phoenix rhf housing, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of Arizona. The corporation was formed for the purpose of operating a 40 unit community known as stone creek village located in phoenix, Arizona, which provides housing for non-elderly, immobile and sensory impaired persons pursuant to section 202 of the national housing act, as amended.
Operating model
- Revenue model
- Grant-funded. 75% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 65
- Accountability: 95
- Sustainability: 52
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.9%; rating input score 74
- Program expense ratio: 86.9%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.4%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.92; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 146.4%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 73.9% of revenue deployed · 86.9% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $452K in reported program spending
- Leadership: top reported pay $770K · 35 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 236 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.