Civic Intelligence

The Gelt Foundation Inc

990 • Fiscal year 2023 • EIN 82-1521845

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

11726 San Vicente Blvd Suite 500Los Angeles, CA 90049

(818) 938-1687

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

2nd percentile

-450%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-69%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $543,332 (-100%) from 2022

Net Assets

Down

$0

Down $543,332 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$120,794

Down $269,494 (-69%) from 2022

Expenses

Up

$664,126

Up $149,191 (+29%) from 2022

Net Income

Down

-$543,332

Down $418,685 (-336%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2017: $42,545Liabilities 2017: $0Net Assets 2017: $42,5452017Assets 2018: $95,946Liabilities 2018: $12,563Net Assets 2018: $83,3832018Assets 2019: $173,496Liabilities 2019: $0Net Assets 2019: $173,4962019Assets 2020: $558,864Liabilities 2020: $0Net Assets 2020: $558,8642020Assets 2021: $667,979Liabilities 2021: $0Net Assets 2021: $667,9792021Assets 2022: $543,332Liabilities 2022: $0Net Assets 2022: $543,3322022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $70,509Expenses 2017: $27,964Net Income 2017: $42,5452017Revenue 2018: $160,938Expenses 2018: $120,100Net Income 2018: $40,8382018Revenue 2019: $186,301Expenses 2019: $96,188Net Income 2019: $90,1132019Revenue 2020: $603,887Expenses 2020: $221,808Net Income 2020: $382,0792020Revenue 2021: $520,373Expenses 2021: $411,258Net Income 2021: $109,1152021Revenue 2022: $390,288Expenses 2022: $514,935Net Income 2022: -$124,6472022Revenue 2023: $120,794Expenses 2023: $664,126Net Income 2023: -$543,3322023

Highlighted filing

2023

Revenue$120,794
Expenses$664,126
Net Income-$543,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$120,794
Mission and Program Overview

Mission

To help responsible tenants stay in their apartments during an unexpected financial emergency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$543,332$0▼ $543,332
Rtn Earn Endowment Incm Other Fnds$543,332$0▼ $543,332
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$543,332$0▼ $543,332
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$543,332$0▼ $543,332
Total Liabilities and Net Assets / Fund Balance$543,332$0▼ $543,332
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keith WassermanPresident
Damian LangereDirector
Melissa WassermanDirector
Therese OswaldExecutive Director
Mya toTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$120,794
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$120,794
Change in Net Assets
$-543,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$364,471
Salaries, Compensation, and Employee Benefits$221,782
Other Expenses$77,873
Total Fundraising Expense$16,234
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$301,233--$301,233
Other Salaries and Wages-$221,782-$221,782
Grants to Domestic Individuals$63,238--$63,238
Fees for Services Accounting-$33,871-$33,871
Fees for Services Other-$16,873-$16,873
Advertising--$16,234$16,234
Information Technology$1,650--$1,650
Office Expenses$137$346-$483
Other Expenses$1,273$261-$261
Travel-$235-$235
Total Functional Expenses$369,563$278,329$16,234$664,126
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Best Values Real Estate LLCDenver, CO-Rent Assistance$6,760
On Q Property ManagementGilbert, AZ-Rent Assistance$5,380
Sanders House LLCWoodland Hills, CA-Rent Assistance$5,263
Banning Investment Group LLCGilbert, AZ-Rent Assistance$5,175
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Director keith wasserman is the brother of director melissa wasserman.

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

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

Accounting personnel and independent cpa review and prepare draft 990. Executive director reviews and provides additional information as appropriate. The president reviews and signs the final 990.

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

The conflict of interest policy is reviewed annually with each officer and director.

Form 990, Part VI, Section C, Line 19

Available on guidestar and upon request.

Filing and Contact Details

Filer

Filer Name
The Gelt Foundation Inc
EIN
82-1521845
Phone
8189381687
Address
11726 SAN VICENTE BLVD SUITE 500, LOS ANGELES, CA 90049
Doing Business As
Resident Relief Foundation

Signing Officer

Name
Keith Wasserman
Title
President
Phone
8189381687
Signed
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Wasserman
Formed
2017
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
21650 OXNARD STREET 12TH FLOOR, WOODLAND HILLS, CA 91367
Preparer
Aaron Levy
Phone
8187830570
Raw XML AppendixShowing 400 of 415 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO HELP RESPONSIBLE TENANTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt016234
IRS990/AdvertisingGrp/TotalAmt016234
IRS990/AllOtherContributionsAmt0120794
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum08189381687
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011726 SAN VICENTE BLVD SUITE 500
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090049
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0543332
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0120794
IRS990/CYGrantsAndSimilarPaidAmt0364471
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt077873
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-543332
IRS990/CYSalariesCompEmpBnftPaidAmt0221782
IRS990/CYTotalExpensesAmt0664126
IRS990/CYTotalFundraisingExpenseAmt016234
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0120794
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0RENTAL ASSISTANCE IN THE FORM OF GRANTS TO THE PROPERTY/LANDLORD ON BEHALF OF INDIVIDUALS FACING EVICTIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0RESIDENT RELIEF FOUNDATION
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0369563
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt033871
IRS990/FeesForServicesAccountingGrp/TotalAmt033871
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016873
IRS990/FeesForServicesOtherGrp/TotalAmt016873
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt48.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0KEITH WASSERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1THERESE OSWALD
IRS990/Form990PartVIISectionAGrp/PersonNm2MYA TO
IRS990/Form990PartVIISectionAGrp/PersonNm3DAMIAN LANGERE
IRS990/Form990PartVIISectionAGrp/PersonNm4MELISSA WASSERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0364471
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt063238
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt063238
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0301233
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0301233
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0120794
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01650
IRS990/InformationTechnologyGrp/TotalAmt01650
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt0119
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE A TEMPORARY BRIDGE THAT HELPS RESIDENTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY THAT IS OUTSIDE OF THEIR CONTROL. WE PROVIDE QUALIFIED RESIDENTS HOUSING STABILITY BY PROVIDING RENTAL ASSISTANCE AND FINANCIAL EDUCATION DESIGNED TO HELP THEM BETTER MANAGE FINANCES GOING FORWARD. OUR GOAL IS TO HELP CLIENTS AVOID EVICTION AND/OR HOMELESSNESS AND TEACH THEM THE BASIC SKILLS IN FINANCIAL MANAGEMENT NOT TAUGHT IN OUR EDUCATION SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0543332
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0346
IRS990/OfficeExpensesGrp/ProgramServicesAmt0137
IRS990/OfficeExpensesGrp/TotalAmt0483
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1FILING FEES
IRS990/OtherExpensesGrp/Desc2PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03031
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11930
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2261
IRS990/OtherExpensesGrp/ProgramServicesAmt02032
IRS990/OtherExpensesGrp/ProgramServicesAmt11273
IRS990/OtherExpensesGrp/TotalAmt05063
IRS990/OtherExpensesGrp/TotalAmt11930
IRS990/OtherExpensesGrp/TotalAmt21273
IRS990/OtherExpensesGrp/TotalAmt3261
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0221782
IRS990/OtherSalariesAndWagesGrp/TotalAmt0221782
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KEITH WASSERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0390288
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0239488
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt084934
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-124647
IRS990/PYSalariesCompEmpBnftPaidAmt0190513
IRS990/PYTotalExpensesAmt0514935
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0390288
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-543332
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0543332
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0120794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0390288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0520373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0603887
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0186301
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01821643
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67370
IRS990ScheduleA/PublicSupportPY170Pct00.66260
IRS990ScheduleA/PublicSupportTotal170Amt01227264
IRS990ScheduleA/SubstantialContributorsTotAmt0594379
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0120794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0390288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0520373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0603887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0186301
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01821643
IRS990ScheduleA/TotalSupportAmt01821643
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt063238
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RENT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/RecipientTable/CashGrantAmt05263
IRS990ScheduleI/RecipientTable/CashGrantAmt16760
IRS990ScheduleI/RecipientTable/CashGrantAmt25175
IRS990ScheduleI/RecipientTable/CashGrantAmt35380
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RENT ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RENT ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RENT ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RENT ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SANDERS HOUSE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BEST VALUES REAL ESTATE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BANNING INVESTMENT GROUP LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ON Q PROPERTY MANAGEMENT
IRS990ScheduleI/RecipientTable/RecipientEIN0263437678
IRS990ScheduleI/RecipientTable/RecipientEIN1842847424
IRS990ScheduleI/RecipientTable/RecipientEIN2453165189
IRS990ScheduleI/RecipientTable/RecipientEIN3272169538
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt022020 CLARENDON ST 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt17670 E ARIZONA DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt23317 S HIGLEY RE STE 114-411
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31011 N VAL VISTA DR 101
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WOODLAND HILLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GILBERT
IRS990ScheduleI/RecipientTable/USAddress/CityNm3GILBERT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd091367
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd180231
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd285297
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd385234
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN ORDER TO BE ELIGIBLE FOR A GRANT FROM RESIDENT RELIEF FOUNDATION, THE APPLICANT MUST MEET CERTAIN CRITERIA AS SHOWN ON THE WEBSITE. THE FIRST CONSISTS OF CERTAIN RESIDENCY REQUIREMENTS INCLUDING LENGTH OF TENANCY, INTENT TO CONTINUE TO LEASE, LEASE VIOLATIONS AND NUMBER OF LATE PAYMENTS. IF AN APPLICANT MEETS THE RESIDENCY REQUIREMENTS, THEY THEN MUST PROVIDE DOCUMENTATION SHOWING THEIR GOOD FAITH ATTEMPTS TO RECOVER. IN OTHERWARDS, THEY ARE NOT SPENDING FRIVOLOUSLY WHILE NOT PAYING THEIR RENT. SITUATIONS INVOLVING DISQUALIFICATION AT THIS STAGE INCLUDE A PERSON WHO WAS A COMPULSIVE GAMBLER, SOMEONE WHO HAD JUST BOOKED A CRUISE, A PERSON WHO HAD JUST SPENT LARGE SUMS OF MONEY ON CONCERTS, CLOTHING AND AIRFARE, ETC. REQUIRED DUE DILIGENCE DOCUMENTS ARE: 1) LAST 2 PAYSTUBS OR BENEFIT STATEMENTS (IF ANY); 2) LAST 2 MONTHS' BANK STATEMENTS FOR ALL ACCOUNTS INCLUDING SAVINGS, CASH APP HISTORIES; PREVIOUS YEAR'S TAX RETURN OR W2; CREDIT REPORT AND OTHER SUPPORTING DOCUMENTATION AS NECESSARY (E.G. DEATH CERTIFICATE, POLICE REPORT, DISABILITY ORDERS, ETC.) THE APPLICANT MUST ALSO COMPLETE AN ONLINE FINANCIAL EDUCATION PROGRAM PROVIDED TO THEM AT OUR EXPENSE. INITIAL APPLICATIONS AND PROPERTY MANAGERS SUBMISSIONS ARE MADE ONLINE (OR IN THE RARE CIRCUMSTANCE, VIA FAX) AND INFORMATION THEREIN IS KEPT ON THE BACKEND OF THE WEBSITE'S PLATFORM (WORDPRESS). ONLY RRF STAFF AND WEB DEVELOPER HAS ACCESS TO THIS INFORMATION. DISQUALIFIED INDIVIDUALS APPLICATIONS ARE DELETED PERIODICALLY BUT NOT LESS THAN TWICE A YEAR. ONLY APPROVED APPLICANTS INFORMATION IS KEPT. ONCE PRELIMINARY RESIDENCY REQUIREMENTS ARE CONFIRMED (AS DESCRIBED ABOVE), APPLICANTS ARE SENT A SECURE UPLOAD LINK THAT CREATES A SECURE FOLDER ON DROPBOX FOR THEM TO PROVIDE THE REQUIRED DUE DILIGENCE DOCUMENTS. THAT FOLDER IS ONLY ACCESSIBLE TO RESIDENT RELIEF STAFF - THE APPLICANT ONLY HAS ACCESS TO UPLOAD DOCUMENTS, NOT REVIEW THEM AFTERWARDS. ONCE EVERYTHING IS RECEIVED AND THE FINANCIAL PROGRAM FINISHED, THE PACKAGE IS REVIEWED BY THE EXECUTIVE DIRECTOR FOR CONTENT AND QUESTIONS. IN EVERY CASE, A CALL IS SCHEDULED WITH THE APPLICANT TO GO OVER QUESTIONS AND MORE DETAIL AS NECESSARY. EVERY APPLICATION PACKAGE IS PRINTED OUT AND A CHECKLIST IS ATTACHED WITH NOTES FROM CALLS OR ADDITIONAL EMAIL INFORMATION RECEIVED FROM THE APPLICANT OR THE PROPERTY MANAGER. THE AMOUNT OF RENT OWING IS CONFIRMED BY OBTAINING A CURRENT LEDGER, LATE FEES ARE WAIVED WHENEVER POSSIBLE BY THE PROPERTY OR LANDLORD AND THE REQUEST IS WRITTEN UP IN AN EMAIL TO 3 MEMBERS OF THE BOARD (APPROVAL COMMITTEE) TO REVIEW, ASK QUESTIONS AND ULTIMATELY APPROVE OR DENY. ONCE APPROVED, THE LANDLORD IS NOTIFIED, PAYMENT INSTRUCTIONS CONFIRMED AND PAYMENT IS SENT DIRECTLY TO THE LANDLORD PER THE LEASE. THE APPLICANT IS ALSO NOTIFIED AND RECEIVES A GRANT CONFIRMATION VIA EMAIL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt04
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd00
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0THE GELT FOUNDATION INC DBA RESIDENT RELIEF FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0821521845
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0543332
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt011726 SAN VICENTE BLVD SUITE 480
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LOS ANGELES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd090049
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS DISSOLVED ON 12/31/2023. THE ORGANIZATION UTILIZE ITS CASH ON VARIOUS EXPENSES DURING THE CURRENT TAX YEAR ENDED 12/31/2023.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PART I:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTOR KEITH WASSERMAN IS THE BROTHER OF DIRECTOR MELISSA WASSERMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTING PERSONNEL AND INDEPENDENT CPA REVIEW AND PREPARE DRAFT 990. EXECUTIVE DIRECTOR REVIEWS AND PROVIDES ADDITIONAL INFORMATION AS APPROPRIATE. THE PRESIDENT REVIEWS AND SIGNS THE FINAL 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH EACH OFFICER AND DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE ON GUIDESTAR AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0543332
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0543332
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0120794
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016234
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0278329
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0369563
IRS990/TotalFunctionalExpensesGrp/TotalAmt0664126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0543332
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0369563
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0120794
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0543332
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0235
IRS990/TravelGrp/TotalAmt0235
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011726 SAN VICENTE BLVD SUITE 500
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090049
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0RESIDENTRELIEFFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEITH WASSERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08189381687
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GELT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GELT
ReturnHeader/Filer/EIN0821521845
ReturnHeader/Filer/PhoneNum08189381687
ReturnHeader/Filer/USAddress/AddressLine1Txt011726 SAN VICENTE BLVD SUITE 500
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090049

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings