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Stoneridge Retirement Living Communities Inc

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

EIN: 208424515 ✦ Myerstown, PA ✦ Designated as a 501(c)(3)

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Overview

What is Stoneridge Retirement Living Communities Inc?

Stoneridge Retirement Living Communities Inc, headquartered in Myerstown, Pennsylvania, is a nonprofit organization dedicated to supporting other organizations serving the elderly and infirm. They offer administrative and management services in various sectors such as executive, human resources, financial management, information technology, promotion, and facilities management. Their mission is to provide holistic care, addressing the spiritual, social, mental, physical, and emotional well-being of those in their influence, with a Christian leadership approach. With a workforce of approximately 370 employees, they aim to improve the lives of the elderly and infirm through their services.


Official website here: www.stoneridgeretirement.com

Is Stoneridge Retirement Living Communities Inc legitimate?

Stoneridge Retirement Living Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stoneridge Retirement Living Communities 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: $853,421
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,003,313

For more financial information, click here


Official website here: www.stoneridgeretirement.com

What is the mission statement of Stoneridge Retirement Living Communities Inc?

Stoneridge Retirement Living Communities Inc's mission statement is focused on providing Christian leadership to identify, develop, and manage services that cater to the spiritual, social, mental, physical, and emotional well-being of their influence. Their purpose aligns with organizations serving the elderly and infirm, as outlined in sections 509a1 or 2 of the Internal Revenue Code. In addition to their primary mission, they also offer administrative and management support services to nonprofit organizations in various sectors, including executive, human resources, financial management, information technology, promotion, and facilities management.


Official website here: www.stoneridgeretirement.com

Who is the CEO of Stoneridge Retirement Living Communities Inc?

Steven J Reiter is the CEO of Stoneridge Retirement Living Communities Inc The CEO's salary of Stoneridge Retirement Living Communities Inc is $491,376 and their total compensation is $504,576.


Official website here: www.stoneridgeretirement.com

What is the revenue of Stoneridge Retirement Living Communities Inc?

Stoneridge Retirement Living Communities Inc's revenue in 2023 was $5,655,915.


Official website here: www.stoneridgeretirement.com

Who are the executives of Stoneridge Retirement Living Communities Inc and what are their salaries?

The average compensation at Stoneridge Retirement Living Communities Inc during 2023 was $8,378. There are 341 employees at Stoneridge Retirement Living Communities Inc.

Here are 12 key members and their salaries (Stoneridge Retirement Living Communities Inc's CEO's salary is $491,376 and their total compensation is $504,576):


Steven J Reiter (President Ceo)
  • Compensation: $491,376
  • Related: $0
  • Other: $13,200
Ryan Casey (Cfo/Coo)
  • Compensation: $357,878
  • Related: $0
  • Other: $0
Rasonia Nicholes (Vp Of Clinical Svcs)
  • Compensation: $172,876
  • Related: $0
  • Other: $3,673
Charles Steck (Vp It)
  • Compensation: $157,441
  • Related: $0
  • Other: $6,298
Luke Reiter (Vp Of Plant Op Engineering)
  • Compensation: $111,042
  • Related: $0
  • Other: $4,442
Carson Ritchie (Non-Voting Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Artz (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Smith (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Williams (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Difrancesco (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Walters (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Ziegler (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stoneridgeretirement.com

Where can I find the form 990 for Stoneridge Retirement Living Communities Inc?

Stoneridge Retirement Living Communities Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.stoneridgeretirement.com

Learn more at the official website: www.stoneridgeretirement.com

Mission Statement of Stoneridge Retirement Living Communities Inc

Stoneridge Retirement Living Communities Inc, as per its mission statement, is committed to providing Christian leadership. This leadership aims to identify, develop, and manage services that cater to the spiritual, social, mental, physical, and emotional well-being of individuals within its sphere of influence. The corporation's mission is not limited to these areas but extends to encompassing the values outlined in Part I, Line 1. Stoneridge Retirement Living Communities Inc offers its administrative and management support services to various nonprofit organizations, focusing on areas such as executive management, human resources, financial management, information technology, promotion, and facilities management. This mission is in line with the corporation's objective to serve organizations that cater to the elderly and infirm, as stipulated in sections 509a1 or 2 of the Internal Revenue Code.

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Impact




October, 2024

Stoneridge Retirement Living Communities Inc significantly impacts the welfare of elderly and infirm individuals by providing essential administrative and management support to nonprofit organizations dedicated to their care. By focusing on areas such as executive leadership, human resources, financial management, information technology, promotion, and facilities management, Stoneridge enhances the operational efficiency of these organizations, enabling them to better serve their communities.

The organization's commitment to Christian leadership and holistic well-being fosters an environment where the spiritual, social, mental, physical, and emotional needs of residents are thoughtfully addressed. This comprehensive approach not only improves the quality of life for those within their services but also strengthens the broader community by ensuring that vital support systems are effectively in place. Stoneridge's efforts in Myerstown, PA exemplify a model of compassionate care and strategic management that can inspire similar initiatives throughout the region and beyond.




This information is meant to be a general summary of Stoneridge Retirement Living Communities 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
$5,655,915 (2023)
Expenses
$5,166,664 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,655,915
  • Gross Receipts: $5,655,915

Assets and Liabilities:

  • Total Assets: $5,035,265
  • Total Liabilities: $1,125,714
  • Net Assets: $3,909,551

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Programs

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

Management Services

Revenue

$5,655,915

Organization Details

Founding Year

2007

Principal Officer

Ryan T Casey

NTEE Category

Code: P111 - Human services

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