Poway Rhf Housing Inc

Organization Overview

Poway Rhf Housing Inc, operating under the name The Gateway, is located in Long Beach, CA. The organization was established in 1988. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2023, Gateway employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Gateway generated $17.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $7.3m during the year ending 09/2023. While expenses have increased by 1.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RESIDENTIAL AND ASSISTED LIVING FOR SENIOR CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF HOUSING FOR SENIOR CITIZENS IN 133 INDEPENDENT LIVING APARTMENTS AND 66 ASSISTED LIVING UNITS LOCATED IN POWAY, CALIFORNIA.THE GATEWAY IS A RESIDENTIAL LIVING COMMUNITY, ALSO KNOWN AS INDEPENDENT LIVING WHERE RESIDENTS ENJOY IMMERSING THEMSELVES IN OUR DAILY ACTIVITIES, FREQUENT EXCURSIONS, AND SPECIAL EVENTS.THE GATEWAY IS PROUD TO BE A RETIREMENT HOUSING FOUNDATION (RHF) COMMUNITY, OFFERING AFFORDABLE LIVING OPTIONS AND SERVICES TO OLDER ADULTS. RHF IS ONE OF THE NATION'S LARGEST NON-PROFIT PROVIDERS OF HOUSING AND SERVICES FOR OLDER ADULTS, PERSONS WITH DISABILITIES, AND LOW-INCOME FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
David S Moyer
Director
$0
R Jeffrey Pollock
Vice Chair/director
$0
Norma Desaegher
Director
$0
Andrew Bunn
Treasurer
$0
Laura Fox Buchan
Secretary
$0
John Bauman
Vice Chair/director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,394
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,394
Total Program Service Revenue$2,115,978
Investment income $38,785
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $15,104,553
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,291,602

Grants Awarded

Over the last fiscal year, Poway Rhf Housing Inc has awarded $4,222,856 in support to 2 organizations.

Grant RecipientAmount

RETIREMENT HOUSING FOUNDATION

PURPOSE: GENERAL SUPPORT

$4,198,333

MAYFLOWER GARDENS HEALTH FACILITIES INC

PURPOSE: GENERAL SUPPORT

$24,523
View Grant Profile

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