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Stone Ridge Association Inc

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

EIN: 113672574 ✦ Stone ridge, VA ✦ Designated as a 501(c)(4)

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Overview

What is Stone Ridge Association Inc?

Stone Ridge Association Inc, located in Stone Ridge, Virginia, serves as a collective entity to maintain and preserve the shared property and facilities within the community, benefiting its residents. With a team of ten dedicated individuals, the association's primary objective is to ensure the upkeep and repairs of its common property, promoting a pleasant living environment for its members. The association's mission is deeply rooted in the collective well-being of its community, enhancing the overall appeal and quality of life for its residents.


Official website here: www.stoneridgehoa.org

Is Stone Ridge Association Inc legitimate?

Stone Ridge Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Stone Ridge Association 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $584,772

For more financial information, click here


Official website here: www.stoneridgehoa.org

What is the mission statement of Stone Ridge Association Inc?

Stone Ridge Association Inc's mission is centered around maintaining and enhancing the common property and amenities. The organization was established with the collective goal of preserving these shared assets for the benefit and enjoyment of the general public. Their primary activity involves maintaining and repairing the common property, ensuring it remains in good condition for all to utilize. The association's mission is crucial in fostering a sense of community and shared enjoyment among its members.


Official website here: www.stoneridgehoa.org

Who is the CEO of Stone Ridge Association Inc?

Michael Rhodes is the President of Stone Ridge Association Inc.


Official website here: www.stoneridgehoa.org

What is the revenue of Stone Ridge Association Inc?

Stone Ridge Association Inc's revenue in 2022 was $4,492,560.


Official website here: www.stoneridgehoa.org

Who are the executives of Stone Ridge Association Inc and what are their salaries?

The average compensation at Stone Ridge Association Inc during 2022 was $58,477. There are 10 employees at Stone Ridge Association Inc.


Here are 8 key members and their salaries:


Denise Harrover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Nader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Kimrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rhodes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madhava Madireddy (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamel Sparkes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rami Mudrathi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Beaulne (General Manager)
  • Compensation: $163,039
  • Related: $0
  • Other: $0


Official website here: www.stoneridgehoa.org

Where can I find the form 990 for Stone Ridge Association Inc?

Stone Ridge Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stoneridgehoa.org

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

Mission Statement of Stone Ridge Association Inc

Stone Ridge Association Inc, as established, is dedicated to maintaining and repairing the common property of the organization. This mission is carried out with the aim of preserving the shared amenities for the benefit and pleasure of the general public. The association was organized with the collective intention of ensuring the upkeep and maintenance of these communal assets, thus enhancing the overall experience and enjoyment of its members.

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Impact




October, 2024

Stone Ridge Association Inc plays a crucial role in enhancing the quality of life for residents and visitors in Stone Ridge, VA. By collectively maintaining and preserving commonly owned properties and amenities, the association ensures that these shared spaces remain attractive, functional, and accessible. This commitment to upkeep not only benefits the immediate community but also fosters a sense of pride and belonging among residents.

The association's efforts in maintenance and repair contribute to a well-kept environment that attracts families, promotes outdoor activities, and encourages social interaction. These attributes can enhance property values and support the local economy, as a pleasant and well-maintained community draws in visitors and potential new residents. Ultimately, Stone Ridge Association Inc's impact is reflected in the vibrant community atmosphere it cultivates, making Stone Ridge a desirable place to live and enjoy shared spaces.




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


Financials

This financial information is from Propublica.

Revenue
$4,492,560 (2022)
Expenses
$4,366,157 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $89,120
  • Program Service Revenue: $4,260,622
  • Gross Receipts: $4,492,560

Assets and Liabilities:

  • Total Assets: $6,921,005
  • Total Liabilities: $248,255
  • Net Assets: $6,672,750

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Programs

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

MEMBERSHIP DUES

Revenue

$4,260,622

Organization Details

Founding Year

2001

Principal Officer

Michael Rhodes

Main Address

24605 STONE CARVER DRIVE, STONE RIDGE, VA, 20105

NTEE Category

Code: L50 - Housing

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