Civic Intelligence

Esperanza Rhf Housing

990 • Fiscal year 2016 • EIN 91-2004295

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 07, 2017

911 North Studebaker RoadLong Beach, CA 90815

(562) 257-5100

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

100th percentile

$490,065

Higher top officer pay than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

-$435,358

Down $435,358 from 2015

Net Assets

Down

-$454,591

Down $1,130 (-0.2%) from 2015

Liabilities

Down

$19,233

Down $434,228 (-96%) from 2015

Revenue

Flat

$0

Flat from 2015

Expenses

Down

$1,130

Down $103 (-8.4%) from 2015

Net Income

Up

-$1,130

Up $103 (+8.4%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $22,163Liabilities 2010: $429,866Net Assets 2010: -$407,7032010Assets 2011: $115,079Liabilities 2011: $523,883Net Assets 2011: -$408,8042011Assets 2012: $150,334Liabilities 2012: $600,256Net Assets 2012: -$449,9222012Assets 2013: $30,860Liabilities 2013: $481,861Net Assets 2013: -$451,0012013Assets 2014: $32,938Liabilities 2014: $485,166Net Assets 2014: -$452,2282014Assets 2015: $0Liabilities 2015: $453,461Net Assets 2015: -$453,4612015Assets 2016: -$435,358Liabilities 2016: $19,233Net Assets 2016: -$454,5912016Assets 2017: -$435,385Liabilities 2017: $20,333Net Assets 2017: -$455,7182017Assets 2018: -$435,414Liabilities 2018: $21,433Net Assets 2018: -$456,8472018Assets 2019: -$435,439Liabilities 2019: $22,533Net Assets 2019: -$457,9722019Assets 2020: -$435,459Liabilities 2020: $23,633Net Assets 2020: -$459,0922020Assets 2021: -$435,475Liabilities 2021: $24,383Net Assets 2021: -$459,8582021Assets 2022: -$435,508Liabilities 2022: $25,133Net Assets 2022: -$460,6412022Assets 2023: -$435,552Liabilities 2023: $25,883Net Assets 2023: -$461,4352023Assets 2024: -$435,597Liabilities 2024: $26,633Net Assets 2024: -$462,2302024

Highlighted filing

2016

Assets-$435,358
Liabilities$19,233
Net Assets-$454,591

Operations Trend

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

$50K$0-$50KExpenses 2010: $1,0922010Expenses 2011: $1,1012011Revenue 2012: $0Expenses 2012: $41,118Net Income 2012: -$41,1182012Revenue 2013: $0Expenses 2013: $1,079Net Income 2013: -$1,0792013Revenue 2014: $0Expenses 2014: $1,227Net Income 2014: -$1,2272014Revenue 2015: $0Expenses 2015: $1,233Net Income 2015: -$1,2332015Revenue 2016: $0Expenses 2016: $1,130Net Income 2016: -$1,1302016Revenue 2017: $0Expenses 2017: $1,127Net Income 2017: -$1,1272017Revenue 2018: $0Expenses 2018: $1,129Net Income 2018: -$1,1292018Revenue 2019: $0Expenses 2019: $1,125Net Income 2019: -$1,1252019Revenue 2020: $0Expenses 2020: $1,120Net Income 2020: -$1,1202020Revenue 2021: $0Expenses 2021: $766Net Income 2021: -$7662021Revenue 2022: $0Expenses 2022: $783Net Income 2022: -$7832022Revenue 2023: $0Expenses 2023: $794Net Income 2023: -$7942023Revenue 2024: $0Expenses 2024: $795Net Income 2024: -$7952024

Highlighted filing

2016

Revenue$0
Expenses$1,130
Net Income-$1,130
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 7, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Esperanza rhf housing is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of washington. The corporation was formed for the purpose of providing housing to low income seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-453,461$-454,591▼ $1,130
Other Assets Total$38,156$-435,358▼ $473,514
Total Assets$38,156$-435,358▼ $473,514
Liabilities
Other Liabilities$473,484$0▼ $473,484
Accounts Payable and Accrued Expenses$18,133$19,233▲ $1,100
Total Liabilities$491,617$19,233▼ $472,384
Net Assets / Fund Balance
Total Net Assets Fund Balance$-453,461$-454,591▼ $1,130
Total Liabilities and Net Assets / Fund Balance$38,156$-435,358▼ $473,514
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Laverne R JosephPresident
Daryl M SextonVice President
Christina E PotterDirector
John BaumanDirector
Raymond EastDirector
Rev Dr John E TrnkaDirector
Stewart M SimingtonDirector
Kevin GilchristSr. Director of Dev. Finance
Cheryl J HowellASS'T. CORP. SECRETARY
Frank Rossello JrCFO & VP Finance
See Schedule Jo SalaryDisclosure - Pgs 28 & 35
Robert R AmbergSenior VP General Counsel
Frank G JahrlingTreasurer
Anders PlettVP Acquisitions & Project
Peter O PeabodyVP Health Care Operations
Stuart J HartmanVP Housing Operations
Nada BattagliaVP Human Resources
Deborah J StouffVP of Corp Records, Corp S
Stephanie TitusVP Philanthropy
Vincent B MagnoneVP Treasury
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,130
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
Fees for Services Accounting-$1,100-$1,100
Other Expenses$30--$30
Total Functional Expenses$30$1,100$0$1,130
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
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 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
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one majority member and the member is retirement housing foundation, a california nonprofit, public benefit corporation.

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

The directors will be elected at an annual meeting of the member.

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

Approval of the member is required for disposition of substantially all of the assets of the corporation or a merger, and on a dissolution. The bylaws may be amended or repealed by the vote of the member. Articles may be amended if approved by the vote or written assent of the member.

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

The company thoroughly reviews the form 990 before providing a copy to the governing body and 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 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 175 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
Esperanza Rhf Housing
EIN
91-2004295
Phone
5622575100
Address
911 NORTH STUDEBAKER ROAD, LONG BEACH, CA 90815

Signing Officer

Name
Deborah Stouff
Title
Corporate Secretary
Phone
5622575100
Signed
2017-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Stouff
Formed
1999
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
249 EAST OCEAN BLVD SUITE 900, LONG BEACH, CA 90802
Preparer
Craig M Staswick
Phone
5624329482
Supplemental Narrative

Additional Explanations

FORM 990, SCHEDULE R, PART V, LINE 1:

For the purposes of schedule r, part v, the following applies: retirement housing foundation and foundation property management, inc. Are california not-for-profit corporations that sponsor or manage approximately 175 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. -line item 1q includes tax preparation fees paid by a related organization.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP OF CORP RECORDS, CORP S
IRS990/Form990PartVIISectionAGrp/TitleTxt9SENIOR VP GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP HOUSING OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO & VP FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP HEALTH CARE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP TREASURY
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP ACQUISITIONS & PROJECT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt16SR. DIRECTOR OF DEV. FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASS'T. CORP. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP PHILANTHROPY
IRS990/Form990PartVIISectionAGrp/TitleTxt19DISCLOSURE - PGS 28 & 35
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IRS990/FormationYr01999
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESPERANZA RHF HOUSING IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF WASHINGTON. THE CORPORATION WAS FORMED FOR THE PURPOSE OF PROVIDING HOUSING TO LOW INCOME SENIORS.
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IRS990/PrincipalOfficerNm0DEBORAH STOUFF
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-453461
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-454591
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt70
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt80
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt90
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt110
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount70
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount80
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt110
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0378219
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1165830
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2312733
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3246295
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5216875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6182160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt7213709
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt8176288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt9150069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10144632
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.27$4.62$0.00$0.01$0.01
2023Summary only. Only limited summary data is available for this year.$4.36$0.26$4.61$0.00$0.01$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.25$4.61$0.00$0.01$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.24$4.60$0.00$0.01$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$0.24$4.59$0.00$0.01$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.23$4.58$0.00$0.01$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.35$0.21$4.57$0.00$0.01$0.01
2017Summary only. Only limited summary data is available for this year.$4.35$0.20$4.56$0.00$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.35$0.19$4.55$0.00$0.01$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$4.53$4.53$0.00$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.33$4.85$4.52$0.00$0.01$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.31$4.82$4.51$0.00$0.01$0.01
2012Summary only. Only limited summary data is available for this year.$1.50$6.00$4.50$0.00$0.41$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$5.24$4.09$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$4.30$4.08$0.01