MAYFLOWER RHF HOUSING INC

EIN: 952394671 501(c)(3) Housing & Shelter

LONG BEACH, CA

Total Revenue
$6,843,948
Total Expenses
$6,420,373
Total Assets
$19,637,358
Net Assets
$10,695,082
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
FRANK ROSSELLO
Phone
5622575100
Tax Period
2023-10-01 to 2024-09-30

MAYFLOWER RHF HOUSING INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $6.8M in total revenue in fiscal year 2023. Expenses of $6.4M left a modest 6% surplus.

Mission

TO PROVIDE HOUSING OPTIONS FOR OLDER ADULTS IN AN ENVIRONMENT THAT ENHANCES THEIR QUALITY OF LIFE PHYSICALLY, MENTALLY, AND SPIRITUALLY.

Program Service Accomplishments

Program 1
Expenses: $5,416,210 Revenue: $6,597,498

SINCE 1965, MAYFLOWER GARDENS HAS BEEN PROVIDING COMFORTABLE QUALITY APARTMENT LIVING FOR SENIOR CITIZENS IN LANCASTER, CALIFORNIA WITH 503 APARTMENTS IN 81 SINGLE STORY BUILDINGS. MAYFLOWER GARDENS...

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SINCE 1965, MAYFLOWER GARDENS HAS BEEN PROVIDING COMFORTABLE QUALITY APARTMENT LIVING FOR SENIOR CITIZENS IN LANCASTER, CALIFORNIA WITH 503 APARTMENTS IN 81 SINGLE STORY BUILDINGS. MAYFLOWER GARDENS RETIREMENT COMMUNITY IS PROUD TO BE A RETIREMENT HOUSING FOUNDATION (RHF) COMMUNITY, PROVIDING AFFORDABLE LIVING OPTIONS AND SERVICES TO OLDER ADULTS. RHF IS ONE OF THE NATION'S LARGEST NONPROFIT PROVIDERS OF HOUSING AND SERVICES FOR OLDER ADULTS, PERSONS WITH DISABILITIES, AND LOW-INCOME FAMILIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $200
Program Service Revenue $7,307,663
Investment Income $-682,843
Other Revenue $218,928
TOTAL REVENUE $6,843,948

Expense Breakdown

Grants Paid $1,648,053
Salaries & Benefits $769,064
Fundraising Expenses $0
Program Expenses $5,416,210
Other Expenses $4,003,256
TOTAL EXPENSES $6,420,373

Year-over-Year Comparison

2023 2022 Change
Revenue $6,843,948 $6,870,180 0.0%
Expenses $6,420,373 $5,204,247 +0.2%
Net Income $423,575 $1,665,933 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
57
Volunteers
10

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$858,258
Total Directors
8
$0
Key Employees
20
$5,057,122
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARTMAN STUART J PRESIDENT/CEO 0.20
Officer
$0 $68,128 $685,724
AMBERG ROBERT R EXECUTIVE VP GEN COUNSEL 0.20
Key Emp
$0 $49,216 $489,502
ROSSELLO FRANK JR CFO AND VP OF FINANCE 0.20
Key Emp
$0 $25,235 $403,817
FARD BOB J VP ACQUIS AND PROJ DEV 0.20
Key Emp
$0 $21,908 $281,127
MAGNONE VINCENT B VP TREASURY & INVSTMT OFF 0.20
Key Emp
$0 $37,102 $283,260
ESCANDON YURI ANDREW VP HOUSING OPERATIONS 0.20
Key Emp
$0 $40,606 $289,428
NAPIERSKIE DAVID W VP HEALTH CARE OPERATIONS 0.20
Key Emp
$0 $41,335 $286,493
BATTAGLIA NADA VP HUMAN RESOURCES 0.20
Key Emp
$0 $46,746 $288,839
TITUS STEPHANIE L VP PHILANTHROPY/CSO 0.20
Key Emp
$0 $49,191 $288,833
GILCHRIST KEVIN DARRELL VP DEVELOPMENT FINANCE 0.20
Key Emp
$0 $48,817 $277,179
RIVERA MICHAEL REG'L MANAGER HEALTH CARE 0.20
Key Emp
$0 $4,520 $228,351
KENNEDY TERESA NURSE TRAINER EXEMPT 0.20
Key Emp
$0 $3,734 $214,382
CLOW JOHN C VP RISK MANAGEMENT 0.20
Key Emp
$0 $18,816 $227,978
PURCELL CHRISTOPHER CONTROLLER 0.20
Key Emp
$0 $19,731 $216,931
MICKELSON LAVONNE R DIR OF AFFORD HOUSING OPS 0.20
Key Emp
$0 $4,763 $189,381
STECKBECK KENT BUDGET & ANALYTICS DIR 0.20
Key Emp
$0 $5,331 $183,013
ROBINSON TINA M VP HOUSING ACCOUNTING 0.20
Key Emp
$0 $16,482 $193,805
PHELPS LORI ANN INFO SYSTEMS DIRECTOR 0.20
Key Emp
$0 $5,192 $178,269
SILVA JOANNE L VP OCCUPANCY & TAX CREDIT 0.20
Key Emp
$0 $23,842 $190,698
KING DIANE D COMPL AND PRIVACY OFFICER 0.20
Key Emp
$0 $19,443 $187,985
FOX BUCHAN LAURA L CORP SECRETARY & DIR OF CORP RECORDS 0.20
Officer
$0 $18,784 $172,534
YOUNG SEESEE INTERNAL AUDIT DIRECTOR 0.20
Key Emp
$0 $6,199 $157,851
RAGON CHRISTY ANN VP OF COMMUNICATIONS 0.20
Highest
$0 $18,804 $172,776
RICANO PEGGY ACCT MANAGER EXEMPT 0.20
Highest
$0 $18,185 $165,199
INGRAO SALVATORE A DEVEL ACCOUNTING DIR 0.20
Highest
$0 $17,693 $161,075
BUNKHONG DONNA ACCOUNTING LEAD SR. 0.20
Highest
$0 $16,437 $153,960
DO THANH-THANH ACCT MANAGER EXEMPT 0.20
Highest
$0 $16,749 $153,900
BUNN ANDREW TREASURER 0.20
Officer Director
$0 $0 $0
DESAEGHER NORMA N VICE PRESIDENT 0.20
Officer Director
$0 $0 $0
EAST RAYMOND E DIRECTOR 0.20
Director
$0 $0 $0
BAUMAN JOHN DIRECTOR 0.20
Director
$0 $0 $0
MOYER DAVID S DIRECTOR 0.20
Director
$0 $0 $0
HART DONALD G DIRECTOR 0.20
Director
$0 $0 $0
POLLOCK JEFFREY R DIRECTOR 0.20
Director
$0 $0 $0
WILSON CHERYL DIRECTOR 0.20
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,843,948 $6,420,373 $19,637,358 $423,575
2023 $6,870,180 $5,204,247 $18,971,230 $1,665,933
2022 $6,219,029 $5,027,373 $9,224,517 $1,191,656
2021 $6,007,697 $4,744,919 $18,239,748 $1,262,778
2020 $5,809,690 $4,306,615 $17,461,791 $1,503,075
2019 $5,675,529 $4,197,113 $16,810,075 $1,478,416
2018 $5,479,232 $3,921,114 $15,434,043 $1,558,118
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