Civic Intelligence

Winslow Rhf Housing Inc

EIN 33-0236331 • 501(c)3 • Long Beach, CA

Profile

Winslow rhf housing, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of nebraska. The corporation was formed for the purpose of operating a 42 unit community known as winslow manor located in winslow, arizona, which provides housing for low income elderly persons pursuant to section 202 of the national housing act, as amended.

Refreshing map…

911 N Studebaker RoadLong Beach, CA 90815

www.rhf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

1.41x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$685,724

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 132.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

26th percentile

-6.1%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

21%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$589,478

Down $21,079 (-3.5%) from 2021

Liabilities

Up

$723,372

Up $10,047 (+1.4%) from 2021

Net Assets

Down

-$133,894

Down $31,126 (-30%) from 2021

Revenue

Up

$416,041

Up $1,945 (+0.5%) from 2021

Expenses

Up

$447,167

Up $51,459 (+13%) from 2021

Net Income

Down

-$31,126

Down $49,514 (-269%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $910,651Liabilities 2010: $1,095,296Net Assets 2010: -$184,6452010Assets 2011: $900,695Liabilities 2011: $1,080,653Net Assets 2011: -$179,9582011Assets 2012: $879,753Liabilities 2012: $1,054,618Net Assets 2012: -$174,8652012Assets 2013: $860,604Liabilities 2013: $1,027,276Net Assets 2013: -$166,6722013Assets 2014: $837,449Liabilities 2014: $991,611Net Assets 2014: -$154,1622014Assets 2015: $806,060Liabilities 2015: $930,759Net Assets 2015: -$124,6992015Assets 2017: $734,699Liabilities 2017: $855,143Net Assets 2017: -$120,4442017Assets 2019: $666,653Liabilities 2019: $786,801Net Assets 2019: -$120,1482019Assets 2021: $610,557Liabilities 2021: $713,325Net Assets 2021: -$102,7682021Assets 2022: $589,478Liabilities 2022: $723,372Net Assets 2022: -$133,8942022

Highlighted filing

2022

Assets$589,478
Liabilities$723,372
Net Assets-$133,894

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $338,9752010Expenses 2011: $334,3212011Expenses 2012: $346,8502012Expenses 2013: $357,2752013Revenue 2014: $372,385Expenses 2014: $359,875Net Income 2014: $12,5102014Revenue 2015: $378,685Expenses 2015: $349,222Net Income 2015: $29,4632015Revenue 2017: $388,328Expenses 2017: $380,762Net Income 2017: $7,5662017Revenue 2019: $401,601Expenses 2019: $415,735Net Income 2019: -$14,1342019Revenue 2021: $414,096Expenses 2021: $395,708Net Income 2021: $18,3882021Revenue 2022: $416,041Expenses 2022: $447,167Net Income 2022: -$31,1262022

Highlighted filing

2022

Revenue$416,041
Expenses$447,167
Net Income-$31,126

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jul 28, 2023
Return Version
2021v4.2
Gross Receipts
$416,041
Mission and Program Overview

Mission

Winslow rhf housing, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of nebraska. The corporation was formed for the purpose of operating a 42 unit community known as winslow manor located in winslow, arizona, which provides housing for low income elderly persons pursuant to section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$498,708$498,339▼ $369
Investments Program Related$97,018$77,425▼ $19,593
Savings and Temporary Cash Investments$5,531$2,927▼ $2,604
Accounts Receivable$416$709▲ $293
Cash and Non-Interest-Bearing Accounts$188$187▼ $1
Total Assets$610,557$589,478▼ $21,079
Other Assets Total$8,696$9,891▲ $1,195
Liabilities
Mortgage Notes Payable Secured by Investment Property$606,686$542,914▼ $63,772
Accounts Payable and Accrued Expenses$97,825$170,513▲ $72,688
Other Liabilities$8,696$9,891▲ $1,195
Deferred Revenue$118$54▼ $64
Total Liabilities$713,325$723,372▲ $10,047
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-102,768$-133,894▼ $31,126
Total Net Assets Fund Balance$-102,768$-133,894▼ $31,126
Total Liabilities and Net Assets / Fund Balance$610,557$589,478▼ $21,079

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$395,180$1,027,773$1,422,953
Land$90,000-$90,000
Equipment$13,159$42,163$55,322
Investment Program Related Org$77,425--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Micahel RiveraREG'L MANAGER HEALTH CARE$149,371$149,371
Teresa KennedyNurse Trainer$143,166$143,166
Laura Fox BuchanSecretary$68,738$68,738

Board Members and Trustees

NameTitle
Dr Laverne R JosephFormer President, CEO
Stuart J HartmanPresident/CEO
Darryl M SextonVice President
Andrew BunnDirector
David S MoyerDirector
John BaumanDirector
Norma N DesaegherDirector
R Jeffrey PollockDirector
Raymond E EastDirector
Kent SteckbeckDirector Budget & Analytics
Tina RobinsonDirector Housing Accounting
Bobby FardSr Director of Acquisition
Kevin GilchristSr Director of Dev Finance
John ClowSr. Director of Risk Management
Frank Rossello JrCFO and VP of Finance
Diane KingCompliance and Privacy Off
Christopher PurcellController
See Schedule Jo SalaryDisclosure - Pgs 34 & 38
Deborah J StouffFormer VP of Corp. Records, Corp.
Peggy RicanoManager Healthcare Accounting
Florence WebbSr Dev Proj Mgr
Robert R AmbergSr VP General Counsel
Donald G HartTreasurer
Anders PlettVP Acquisitions & Proj. Dv
David W NapierskieVP Health Care Operations
Perry GlennVP Housing Operations
Nada BattagliaVP Human Resources
Joanne SilvaVP Occupancy & Tax Credit
Stephanie TitusVP Philanthropy
Vincent B MagnoneVP Treasury & Invstmt
Revenue and Support

Revenue Composition

Contributions and Grants
$303,401
Program Service Revenue
$110,253
Investment Income
$32
Other Revenue
$2,355
Change in Net Assets
$-31,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$416,041
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$416,041
Total Revenue per Form 990
$416,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,167
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$217,577--$217,577
Depreciation Depletion$37,650--$37,650
Office Expenses$28,974--$28,974
Fees for Services Management-$24,600-$24,600
Fees for Services Legal-$12,383-$12,383
Fees for Services Accounting-$6,050-$6,050
Insurance$4,306--$4,306
Advertising-$709-$709
Other Expenses$605--$605
Travel-$189-$189
Total Functional Expenses$403,236$43,931$0$447,167

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$447,167
Total Expenses per Audited Statements$447,167
Total Expenses per Form 990$447,167
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$9,891
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The winslow rhf housing, inc. Apartment community is managed by foundation property management, inc., a professional property management company. Foundation property management, inc. Has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing & urban development. Under this certification, hud has approved foundation property management, inc. To manage the winslow rhf housing, inc. Apartment community. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a sanitary and affordable environment. Stuart j. Hartman and david w. Napierskie are compensated by foundation property management, inc. As follows: base compensation of $521,506 and $216,008, other compensation of $7,900 and $4,800, deferred compensation of $38,500 and $0, and nontaxable benefits of $34,320 and $2,920 respectively.

Form 990, Part VI, Section A, Line 6

There is one corporate member of winslow rhf housing, inc., and that member is retirement housing foundation, its designee, or its successor in interest.

Form 990, Part VI, Section A, Line 7A

The directors will be elected by the corporate member, retirement housing foundation.

Form 990, Part VI, Section A, Line 7B

The bylaws may not be amended, repealed, added to, nor new bylaws adopted except with the written consent of the member, retirement housing foundation.

Form 990, Part VI, Section B, Line 11B

The auditing firm sends a draft of the return to the management company. The corporate secretary and director of housing accounting review and approve the return prior to filing.

Form 990, Part VI, Section B, Line 12C

Upon joining the company and annually thereafter, all employees and board members are required to complete and sign a certification acknowledging their understanding and agreement to comply with the company's conflict of interest policy, including disclosing any activities that may appear or may be deemed violations of the policy. Board members and company officers have an additional and more comprehensive conflict of interest policy and certification requirement. Designated management personnel are responsible for tracking the distribution and return of all certifications and for accounting and reporting any disclosures to the company's compliance officer. If further review of any disclosure is merited, the compliance officer forwards the certification to the company's general counsel, ceo, and/or board for final disposition. Individuals who have made disclosures are advised of final dispositions. An employee's failure to submit timely certifications, disclosures, and/or to take the necessary required actions to avoid conflicts may be disciplined, up to and including termination. If the individual is a board member, he or she may be subject to removal from his or her position.

Form 990, Part VI, Section B, Line 15

The process for determining compensation for the ceo, executive director, top management officials, and other officers or key employees included an extensive review and approval by independent persons.

Form 990, Part VI, Section C, Line 19

The form 990 and all related financial and policy information are made available to the public upon written request.

FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B:

All of the officers, directors, and employees listed in part vii, section a perform similar duties and have similar responsibilities for related organizations as they do for this organization. Their total hours worked per week for this organization are similar to their hours worked for related organizations both in terms of number of hours and type of work performed.

FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II:

The compensation listed on schedule j and elsewhere in this return is for services provided to and paid by retirement housing foundation which is a related organization that sponsors and manages through subsidiaries approximately 190 tax exempt organizations and partnerships that provide affordable and market-rate housing, skilled nursing and assisted living services for senior adults, low income families and persons with disabilities throughout the united states including the district of columbia, puerto rico and the virgin islands.

Filing and Contact Details

Filer

Filer Name
Winslow Rhf Housing Inc
EIN
33-0236331
Phone
5622575100
Address
911 N STUDEBAKER ROAD, LONG BEACH, CA 90815
Doing Business As
Winslow Manor

Signing Officer

Name
Frank Rossello
Title
CFO/v.p., Finance
Phone
5622575100
Signed
2023-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stuart Hartman
Formed
1987
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Mallory Kriebel
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Foundation property management, inc., the management company, receives a copy of the audit. Prior to the finalization of the audit, the top level executives at foundation property management, inc. Give their approval. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from the three years after the later of the original or extended due date or the date filed with the applicable tax authority.

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IRS990/Form990PartVIISectionAGrp/PersonNm0STUART J HARTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT R AMBERG
IRS990/Form990PartVIISectionAGrp/PersonNm2DR LAVERNE R JOSEPH
IRS990/Form990PartVIISectionAGrp/PersonNm3FRANK ROSSELLO JR
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDERS PLETT
IRS990/Form990PartVIISectionAGrp/PersonNm5NADA BATTAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm6VINCENT B MAGNONE
IRS990/Form990PartVIISectionAGrp/PersonNm7PERRY GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHANIE TITUS
IRS990/Form990PartVIISectionAGrp/PersonNm9DEBORAH J STOUFF
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID W NAPIERSKIE
IRS990/Form990PartVIISectionAGrp/PersonNm11KEVIN GILCHRIST
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN CLOW
IRS990/Form990PartVIISectionAGrp/PersonNm13BOBBY FARD
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm15FLORENCE WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm16DIANE KING
IRS990/Form990PartVIISectionAGrp/PersonNm17PEGGY RICANO
IRS990/Form990PartVIISectionAGrp/PersonNm18TINA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm19JOANNE SILVA
IRS990/Form990PartVIISectionAGrp/PersonNm20KENT STECKBECK
IRS990/Form990PartVIISectionAGrp/PersonNm21MICAHEL RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm22TERESA KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm23LAURA FOX BUCHAN
IRS990/Form990PartVIISectionAGrp/PersonNm24DONALD G HART
IRS990/Form990PartVIISectionAGrp/PersonNm25ANDREW BUNN
IRS990/Form990PartVIISectionAGrp/PersonNm26NORMA N DESAEGHER
IRS990/Form990PartVIISectionAGrp/PersonNm27R JEFFREY POLLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm28JOHN BAUMAN
IRS990/Form990PartVIISectionAGrp/PersonNm29RAYMOND E EAST
IRS990/Form990PartVIISectionAGrp/PersonNm30DAVID S MOYER
IRS990/Form990PartVIISectionAGrp/PersonNm31DARRYL M SEXTON
IRS990/Form990PartVIISectionAGrp/PersonNm32SEE SCHEDULE JO SALARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SR VP GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt2FORMER PRESIDENT, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO AND VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP ACQUISITIONS & PROJ. DV
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP TREASURY & INVSTMT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP HOUSING OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP PHILANTHROPY
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER VP OF CORP. RECORDS, CORP.
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP HEALTH CARE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11SR DIR. OF DEV FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt12SR. DIR OF RISK MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR DIRECTOR OF ACQUISITION
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SR DEV PROJ MGR
IRS990/Form990PartVIISectionAGrp/TitleTxt16COMPLIANCE AND PRIVACY OFF
IRS990/Form990PartVIISectionAGrp/TitleTxt17MANAGER HEALTHCARE ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR HOUSING ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OCCUPANCY & TAX CREDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIR. BUDGET & ANALYTICS
IRS990/Form990PartVIISectionAGrp/TitleTxt21REG'L MANAGER HEALTH CARE
IRS990/Form990PartVIISectionAGrp/TitleTxt22NURSE TRAINER
IRS990/Form990PartVIISectionAGrp/TitleTxt23SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32DISCLOSURE - PGS 34 & 38
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IRS990/MissionDesc0WINSLOW RHF HOUSING, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF NEBRASKA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 42 UNIT COMMUNITY KNOWN AS WINSLOW MANOR LOCATED IN WINSLOW, ARIZONA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
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