Rhf Charitable Foundation EIN 47-2747112

Rhf Charitable Foundation

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Provides charitable funds for affordable housing and resident benevolence programs. For fiscal year 2025 it reported $1.5M in revenue, $1.0M in expenses, and $11.7M in net assets.Pt I

Type
Supporting organization · Housing
Location
Long Beach, CA
Website
www.rhf.org/charitable-foundation
Filings
6 on file (2020–2025)
Revenue
$1.5MFY2025
Expenses
$1.0M
Net assets
$11.7M
People
26
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-2747112 Supporting organization Long Beach, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Provides charitable funds for affordable housing and resident benevolence programs.
Leadership
Hartman Stuart J · President/CEO
Money in and out
$1.5M revenue, $1.0M expenses
Bottom line
+32% net inflow
Money in and out · FY2025
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$11.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $481K
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.13 Fundraising $0.28
Net inflow
+32%
revenue over expenses, this year▼ -42% vs prior filing year
Pass-through gifts
84%
of revenue from contributions▼ -2% vs prior filing year
Program spending
59%
of expenses reach stated programs▲ +12% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.5M
FY2025-0.5%
Expenses
$1.0M
FY2025▲ +53%
Total assets
$11.7M
FY2025▲ +10%
Total liabilities
$17K
FY2025▼ -86%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$11.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$481K
Total assetsPt X · Ln 16$11.7M
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $594K of program spending, described in the organization's own filed words · FY2024.
01

The organization fundraises, administers, and distributes charitable funds on behalf of retirement housing foundation (RHF). Programs include rental assitance, and educational, community enrichment, and pre-development grants for affordable hosuing.

$594Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRhf Charitable Foundation
EINHdr · item D47-2747112
Principal addressHdr · item CLong Beach, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L11)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President/CEO
$0Pt VII · Sec A
Executive VP Gen Counsel
$0Pt VII · Sec A
CFO and VP of Finance
$0Pt VII · Sec A
VP Acquis and Proj Dev
$0Pt VII · Sec A
VP Housing Operations
$0Pt VII · Sec A
VP Dev Fin & Asset Mgmt
$0Pt VII · Sec A
VP Human Resources
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.2M · 84%
Investment income$235K · 16%
Contributions & grants84%$1.2M
Investment income16%$235K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.13 Fundraising $0.28
Program services59%$594K
Management & general13%$125K
Fundraising28%$282K
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$2.9M
Total assetsLn 16$11.7M
Total liabilitiesLn 26$17K
Total net assetsLn 32$11.7M
Months of cash on handcomputed34.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11.7M · Operating expenses/yr $1.0M
140.1 months
Where the money goes
Program services
Program services $594K · Total expenses $1.0M
59%
Management & General
Management & general $125K · Total expenses $1.0M
13%
Fundraising
Fundraising $282K · Total expenses $1.0M
28%
Cost to raise $1
Fundraising expense (3-yr avg) $229K · Solicited contributions (3-yr avg) $1.2M
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.5M
84%
Government reliance
Government grants — · Total revenue $1.5M
Earned-income share
Program service revenue $0 · Total revenue $1.5M
0%
Investment reliance
Investment income $235K · Total revenue $1.5M
+16%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.0M
0%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $1.5M
-0.5%
Revenue CAGR
FY2019 $2.2M · FY2024 $1.5M
-8%
Net-asset trend (YoY)
End of year $11.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $1.0M
+32%
Liabilities-to-Assets
Total liabilities — · Total assets $11.7M
Net-asset ratio
Net assets $11.7M · Total assets $11.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $8.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $11.7M
75%
People & payroll
Highest Reported Total Compensation
Individual Hartman Stuart J · Reported title PRESIDENT/CEO · Highest reported compensation $0 · Total expenses $1.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $378K · Total expenses $1.0M
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 13%
Fundraising cost ratio 23%
Revenue growth -0.5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$723K
Grants paid · 9 grants · $2.3M · 2019–2024
Unitemized GrantFY2024$383,654
Unitemized GrantFY2024$116,235
Unitemized GrantFY2024$12,750
Unitemized GrantFY2024$6,341
Unitemized GrantFY2023$349,145
Unitemized GrantFY2022$323,345
Unitemized GrantFY2021$368,500
Unitemized GrantFY2020$362,661
Unitemized GrantFY2019$407,713

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.5M revenue · viewing · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$640K revenue · ⤓ 990 PDF
FY2021$1.6M revenue · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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