Overview
What is Ridge Oak Management Inc?
Ridge Oak Management Inc is a small nonprofit organization based in Basking Ridge, New Jersey. Their primary focus is to offer management, development, and supervisory services to public charities that provide low-income housing for the elderly. Specifically, they work with Ridge Oak, Ridge Oak II, and Ridge Oak III, three housing projects in the area, serving approximately 340 individuals. Their mission is aimed at enhancing the living conditions of senior citizens with limited income, ensuring they have a safe and comfortable living environment.
Official website here: www.ridgeoak.org
Is Ridge Oak Management Inc legitimate?
Ridge Oak Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Oak Management 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: $235,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ridgeoak.org
What is the mission statement of Ridge Oak Management Inc?
Ridge Oak Management Inc's mission is centered around offering management, development, and supervisory services to public charities that provide low-income housing for the elderly. Their primary goal is to support these organizations in their mission to provide housing for the elderly who are financially disadvantaged. The company provides these services to various beneficiary organizations, helping to manage housing projects and serve approximately 340 individuals. By offering these services, Ridge Oak Management Inc contributes to the well-being of the elderly population, ensuring they have access to safe and affordable housing.
Official website here: www.ridgeoak.org
What is the revenue of Ridge Oak Management Inc?
Ridge Oak Management Inc's revenue in 2024 was $373,178.
Official website here: www.ridgeoak.org
Who are the executives of Ridge Oak Management Inc and what are their salaries?
The average compensation at Ridge Oak Management Inc during 2024 was $235,577. There is 1 employee at Ridge Oak Management Inc.
Here are 10 key members and their salaries:
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- Compensation: $187,227
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- Other: $62,684
Official website here: www.ridgeoak.org
Where can I find the form 990 for Ridge Oak Management Inc?
Ridge Oak Management Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ridgeoak.org
Learn more at the official website: www.ridgeoak.org
Mission Statement of Ridge Oak Management Inc
Ridge Oak Management Inc, as stated in its mission, is dedicated to providing management, development, and supervisory services to beneficiary public charities. These charities specialize in offering affordable housing to the elderly, a crucial demographic in need of support. By offering these services, Ridge Oak Management Inc aims to contribute to the well-being of this group, ensuring they have access to safe and suitable living conditions. The organization's role is to oversee and guide the operations of three low-income senior citizen housing projects, specifically Ridge Oak, Ridge Oak II, and Ridge Oak III, situated in Basking Ridge, NJ. Servicing approximately 340 individuals, Ridge Oak Management Inc plays a significant role in ensuring these seniors have a secure living environment, thereby contributing to their overall well-being and quality of life.
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Impact
October, 2024
Ridge Oak Management Inc plays a crucial role in providing management, development, and supervisory services to public charities focused on low-income housing for the elderly. By overseeing the operations of Ridge Oak, Inc., Ridge Oak II, Inc., and Ridge Oak III, Inc., the organization services approximately 340 individuals in Basking Ridge, NJ. This ensures that senior citizens have access to affordable housing, contributing significantly to their quality of life and overall well-being. Through its dedicated efforts, Ridge Oak Management Inc helps foster a supportive community for elderly residents, addressing their specific needs and enhancing their living conditions.
This information is meant to be a general summary of Ridge Oak Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $31,156
- Program Service Revenue: $293,244
- Gross Receipts: $622,731
Assets and Liabilities:
- Total Assets: $2,236,060
- Total Liabilities: $1,211,661
- Net Assets: $1,024,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$293,244
Organization Details
Founding Year
2000
Principal Officer
Bonnie Kelly
Website
www.ridgeoak.orgNTEE Category
Code: L22 - Housing
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