Overview
What is Sanatoga Ridge Community Inc?
Sanatoga Ridge Community Inc is a nonprofit organization situated in Pottstown, Pennsylvania, specifically at 2461 East High Street. Their primary mission is to develop, operate, and provide a retirement community catering to moderate-income individuals. This community aims to offer a comfortable living environment for retirees in the Pottstown area. The organization, with a team of 27 dedicated employees, is dedicated to enhancing the retirement experience for its residents.
Official website here: www.sanatogaridge.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Sanatoga Ridge Community Inc has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its overall accountability and financial practices. While the organization excels in certain governance aspects, such as having a fully independent board, it has not provided the necessary financial statements, which heavily impacts its score. The absence of critical policies, including conflict of interest and whistleblower protections, further highlights potential governance issues that could affect transparency and trust.
On the positive side, the organization has demonstrated a strong commitment to programming, with a program expense ratio of 87.93%, signifying that a substantial portion of its budget is allocated to its mission-related activities. Additionally, there have been no reported instances of material diversion of assets, which shows a degree of financial integrity. However, the lack of sufficient financial documentation and policies raises red flags for potential donors and stakeholders.
Overall, while Sanatoga Ridge Community Inc appears to be focused on its programs, the significant gaps in financial reporting and governance policies suggest that potential supporters should exercise caution. Improvements in transparency and policy implementation could enhance its rating and allow for greater community trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Sanatoga Ridge Community Inc legitimate?
Sanatoga Ridge Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanatoga Ridge Community 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: $101,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,423
For more financial information, click here
Official website here: www.sanatogaridge.com
What is the mission statement of Sanatoga Ridge Community Inc?
Sanatoga Ridge Community Inc's mission is centered around the development, operation, and provision of a retirement community catering to individuals with moderate income levels. This community is intended to serve as a home for retirees, offering them a suitable living environment in the unspecified area. The organization's primary objective is to ensure the operation of this retirement community, providing a comfortable and affordable living solution for its residents.
Official website here: www.sanatogaridge.com
Who is the CEO of Sanatoga Ridge Community Inc?
Patty Bleakley is the Member of Sanatoga Ridge Community Inc.
Official website here: www.sanatogaridge.com
What is the revenue of Sanatoga Ridge Community Inc?
Sanatoga Ridge Community Inc's revenue in 2022 was $3,769,712.
Official website here: www.sanatogaridge.com
Who are the executives of Sanatoga Ridge Community Inc and what are their salaries?
The average compensation at Sanatoga Ridge Community Inc during 2022 was $16,006. There are 27 employees at Sanatoga Ridge Community Inc.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $101,734
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $125,693
- Related: $0
- Other: $0
Official website here: www.sanatogaridge.com
Where can I find the form 990 for Sanatoga Ridge Community Inc?
Sanatoga Ridge Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanatogaridge.com
Learn more at the official website: www.sanatogaridge.com
Mission Statement of Sanatoga Ridge Community Inc
Sanatoga Ridge Community Inc, as its mission statement suggests, is dedicated to the development, operation, and provision of a moderate income retirement community. This organization works tirelessly to create an environment suitable for seniors seeking a comfortable retirement living situation. By operating a retirement community, Sanatoga Ridge Community Inc aims to cater to this specific demographic, ensuring they have access to a supportive and affordable living situation. The organization's goal is to maintain a sense of community and support within this retirement community, thereby enriching the lives of its residents.
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Impact
October, 2024
Sanatoga Ridge Community Inc plays a vital role in enhancing the quality of life for retirees in the Pottstown, Pennsylvania area by developing and operating a moderate-income retirement community. This community not only provides affordable housing options but also fosters a sense of belonging among residents. By creating an environment tailored to the needs of seniors, Sanatoga Ridge helps individuals maintain their independence while accessing essential services and support.
The organization's impact extends beyond housing; it contributes to community improvement by offering social, recreational, and wellness programs that promote active living and engagement. By prioritizing moderate-income retirement options, Sanatoga Ridge addresses the critical need for affordable senior living, ensuring that more people can enjoy their retirement years in a supportive and caring environment. This initiative not only benefits the residents but also positively influences the wider Pottstown community by enhancing social cohesion and encouraging intergenerational connections.
This information is meant to be a general summary of Sanatoga Ridge Community 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 2022.
- Investment Income: $53,707
- Program Service Revenue: $3,649,803
- Gross Receipts: $3,769,712
Assets and Liabilities:
- Total Assets: $11,758,713
- Total Liabilities: $33,054,809
- Net Assets: -$21,296,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINTENANCE FEES
Revenue
$2,417,658
OCCUPANCY RIGHTS INCOM
Revenue
$1,232,145
Organization Details
Founding Year
1988
Phone
(610) 326-6282Principal Officer
Patty Bleakley
Main Address
2461 EAST HIGH STREET, POTTSTOWN, PA, 19464
Website
www.sanatogaridge.comNTEE Category
Code: S20 - Community improvement
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