Bennett Elderly Housing Inc

Bennett Place

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330274917 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Bennett Elderly Housing Inc?

Bennett Elderly Housing Inc., a Pennsylvania-based nonprofit organization, was established with the objective of providing housing for low-income elderly individuals. The organization operates a 52-unit community named Bennett Place in Pittsburgh, Pennsylvania, in accordance with Section 202 of the National Housing Act. In September 2022, Bennett Elderly Housing Inc. sold the community to Bennett RHF Partners, LP, retaining a significant role in the new partnership through a seller carryback loan. As the majority member of Bennett RHF MGP, LLC, the nonprofit's primary function now serves as a financing arm for the low-income housing project.


Official website here: www.rhf.org

Is Bennett Elderly Housing Inc legitimate?

Bennett Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bennett Elderly Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rhf.org

What is the mission statement of Bennett Elderly Housing Inc?

Bennett Elderly Housing Inc., as a not-for-profit corporation, was established with the primary objective of providing housing for low-income elderly individuals. This mission is carried out through the operation of a 52-unit community known as Bennett Place, situated in an unspecified location. The organization adheres to Section 202 of the National Housing Act, and its operations are now managed under a new partnership, Bennett RHF Partners, LP, following a sale on September 20, 2022. The corporation continues to support this partnership through a seller carryback loan and serves as the majority member of Bennett RHF MGP, LLC. In its new role, Bennett Elderly Housing Inc. will primarily function as a financing arm for low-income housing projects through this partnership.


Official website here: www.rhf.org

Who is the CEO of Bennett Elderly Housing Inc?

Stuart Hartman is the Principal Officer of Bennett Elderly Housing Inc. The CEO's salary of Bennett Elderly Housing Inc is $0 and their total compensation is $682,064.


Official website here: www.rhf.org

What is the revenue of Bennett Elderly Housing Inc?

Bennett Elderly Housing Inc's revenue in 2023 was $3,542,140.


Official website here: www.rhf.org

Who are the executives of Bennett Elderly Housing Inc and what are their salaries?

Here are 35 key members and their salaries (Bennett Elderly Housing Inc's CEO's salary is $0 and their total compensation is $682,064):

    Hartman Stuart J (President/Ceo)
  • Compensation: $0
  • Related: $608,035
  • Other: $74,029

    • Amberg Robert R (Executive Vp Gen Counsel)
  • Compensation: $0
  • Related: $442,308
  • Other: $43,069

    • Rossello Frank Jr (Cfo And Vp Of Finance)
  • Compensation: $0
  • Related: $313,582
  • Other: $17,519

    • Battaglia Nada (Vp Human Resources)
  • Compensation: $0
  • Related: $235,353
  • Other: $42,526

    • Titus Stephanie L (Vp Philanthropy/Cso)
  • Compensation: $0
  • Related: $231,220
  • Other: $42,394

    • Magnone Vincent B (Vp Treasury & Invstmt Off)
  • Compensation: $0
  • Related: $239,282
  • Other: $29,102

    • Napierskie David W (Vp Health Care Operations)
  • Compensation: $0
  • Related: $242,812
  • Other: $11,672

    • Gilchrist Kevin Darrell (Vp Development Finance)
  • Compensation: $0
  • Related: $218,679
  • Other: $16,908

    • Fard Bobby J (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $214,343
  • Other: $15,930

    • Purcell Christopher J (Controller)
  • Compensation: $0
  • Related: $195,871
  • Other: $18,163

    • Clow John C (Vp Risk Management)
  • Compensation: $0
  • Related: $196,730
  • Other: $13,455

    • Silva Joanne L (Vp Occupancy & Tax Credit)
  • Compensation: $0
  • Related: $158,830
  • Other: $21,653

    • Plett Anders D (Vp Acquis And Proj Dev)
  • Compensation: $0
  • Related: $165,017
  • Other: $12,398

    • King Diane D (Compl And Privacy Officer)
  • Compensation: $0
  • Related: $161,559
  • Other: $15,584

    • Mickelson Lavonne R (Dir Of Afford Housing Ops)
  • Compensation: $0
  • Related: $162,871
  • Other: $13,914

    • Robinson Tina M (Director Of Acct Exempt)
  • Compensation: $0
  • Related: $161,428
  • Other: $13,535

    • Steckbeck Kent (Budget & Analytics Dir)
  • Compensation: $0
  • Related: $167,122
  • Other: $5,014

    • Webb Florence E (Development Pm - Sr)
  • Compensation: $0
  • Related: $156,800
  • Other: $12,888

    • Ragon Christy Ann (Vp Of Communications)
  • Compensation: $0
  • Related: $151,621
  • Other: $16,442

    • Phelps Lori Ann (Info Systems Director)
  • Compensation: $0
  • Related: $160,693
  • Other: $4,725

    • Ricano Peggy (Acct Manager Exempt)
  • Compensation: $0
  • Related: $147,683
  • Other: $14,966

    • Fox Buchan Laura L (Secretary & Director Of Corp Records)
  • Compensation: $0
  • Related: $150,563
  • Other: $9,786

    • Diaz Andres G (Constr Project Manager)
  • Compensation: $0
  • Related: $145,806
  • Other: $13,849

    • Young Seesee (Internal Audit Director)
  • Compensation: $0
  • Related: $147,762
  • Other: $5,391

    • Ingrao Salvatore A (Devel Accounting Dir)
  • Compensation: $0
  • Related: $148,565
  • Other: $4,498

    • Rivera Michael (Reg'L Manager Health Care)
  • Compensation: $0
  • Related: $149,091
  • Other: $3,501

    • Hart Donald G (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bunn Andrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • East Raymond E (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bauman John (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Moyer David S (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desaegher Norma N (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pollock Jeffrey R (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sexton Darryl M (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • See Schedule Jo Salary (Disclosure - Pgs 34 & 38)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rhf.org

    Where can I find the form 990 for Bennett Elderly Housing Inc?

    The Bennett Elderly Housing Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.rhf.org

    Learn more at the official website: www.rhf.org

    Mission Statement of Bennett Elderly Housing Inc

    Bennett Elderly Housing Inc, a Pennsylvania-based not-for-profit organization, was established with the primary objective of providing housing for low-income elderly individuals. The corporation operates a 52-unit community named Bennett Place, which is in compliance with Section 202 of the National Housing Act. Following a sale on September 20, 2022, Bennett Elderly Housing Inc now funds the partnership through a seller carryback loan and serves as the majority member of Bennett RHF MGP, LLC. This new partnership will primarily function as a financing arm for low-income housing projects moving forward. The organization's mission is to ensure that elderly individuals have access to suitable and affordable housing, thereby contributing to their well-being and overall quality of life.

    Impact

    This information is meant to be a general summary of Bennett Elderly Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Bennett Elderly Housing Inc's impact lies in providing much-needed housing for low-income elderly individuals. Through operating a 52-unit community known as Bennett Place in Pittsburgh, Pennsylvania, this organization plays a vital role in supporting the housing needs of this vulnerable population. By offering affordable housing in accordance with Section 202 of the National Housing Act, Bennett Elderly Housing Inc directly contributes to improving the quality of life for elderly individuals in need. Furthermore, even after the transition to Bennett RHF Partners LP, Bennett Elderly Housing Inc continues to play a significant role as a financing arm for the low-income housing project. This ongoing support ensures that the mission of providing affordable housing to low-income elderly persons is sustained and further solidifies Bennett Elderly Housing Inc's impact in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,066,034
  • Program Service Revenue: $148,276
  • Gross Receipts: $4,576,371

    • Assets and Liabilities:
  • Total Assets: $3,085,973
  • Total Liabilities: $116,016
  • Net Assets: $2,969,957
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $148,276

    Organization Details

    Founding Year

    1987

    Principal Officer

    Stuart Hartman

    Main Address

    911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Bennett Elderly Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.