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Cherrywood Village Of Grand Forks

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

EIN: 454276187 ✦ Grand forks, ND ✦ Designated as a 501(c)(3)

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Overview

What is Cherrywood Village Of Grand Forks?

Cherrywood Village of Grand Forks is a nonprofit organization situated in Grand Forks, North Dakota. Their primary focus is to offer housing and specialized services tailored to meet the physical, social, and psychological needs of elderly individuals and those with disabilities. By providing such facilities, the organization aims to ensure their residents' health, security, happiness, and overall usefulness in prolonged living. The nonprofit's mission is to enhance the quality of life for these individuals, promoting their well-being and fostering a sense of community.

Is Cherrywood Village Of Grand Forks legitimate?

Cherrywood Village Of Grand Forks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherrywood Village Of Grand Forks 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: $0

For more financial information, click here

What is the mission statement of Cherrywood Village Of Grand Forks?

Cherrywood Village, an organization dedicated to elderly and disabled individuals, aims to provide them with housing facilities and services specifically designed to cater to their physical, social, and psychological needs. This is done with the ultimate goal of promoting their health, security, happiness, and overall usefulness in longer living. The organization's services are designed to enhance the quality of life for its tenants, ensuring their well-being and fostering their continued happiness and productivity.

Who is the CEO of Cherrywood Village Of Grand Forks?

Garth Rydland is the CEO of Cherrywood Village Of Grand Forks The CEO's salary of Cherrywood Village Of Grand Forks is $0 and their total compensation is $300,429.

What is the revenue of Cherrywood Village Of Grand Forks?

Cherrywood Village Of Grand Forks's revenue in 2023 was $194,552.

Who are the executives of Cherrywood Village Of Grand Forks and what are their salaries?

There 8 volunteers at Cherrywood Village Of Grand Forks.

Here are 10 key members and their salaries (Cherrywood Village Of Grand Forks's CEO's salary is $0 and their total compensation is $300,429):


Garth Rydland (President/Ceo)
  • Compensation: $0
  • Related: $274,628
  • Other: $25,801
Lorilee Bott (Cfo)
  • Compensation: $0
  • Related: $156,594
  • Other: $25,962
Margaret Reed (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Molmen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Brekke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hoistad (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Raymond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cherrywood Village Of Grand Forks?

Cherrywood Village Of Grand Forks's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cherrywood Village Of Grand Forks

Cherrywood Village of Grand Forks is dedicated to providing a nurturing environment for elderly and disabled individuals, catering to their physical, social, and psychological needs. The organization's mission is to promote their health, security, happiness, and overall usefulness, enabling them to live longer, more fulfilling lives. By offering specially designed housing facilities and services, Cherrywood Village of Grand Forks aims to enhance the well-being of its tenants, providing them with a sense of community and support in their later years.

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Impact




October, 2024

Cherrywood Village of Grand Forks plays a crucial role in enhancing the quality of life for elderly and disabled individuals in North Dakota. By providing tailored housing facilities and essential services, it addresses the unique physical, social, and psychological needs of its residents. This tailored approach not only promotes health and security but also fosters a sense of community, happiness, and purpose, allowing residents to maintain a better quality of life as they navigate aging or disabilities. The organization’s focus on creating a supportive environment encourages longer, healthier living, ensuring that its tenants feel valued and engaged in their daily lives.




This information is meant to be a general summary of Cherrywood Village Of Grand Forks. 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
$194,552 (2023)
Expenses
$381,783 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $119,206
  • Gross Receipts: $194,552

Assets and Liabilities:

  • Total Assets: $3,579,601
  • Total Liabilities: $4,264,540
  • Net Assets: -$684,939

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Programs

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

RENT REVENUE-TENANT

Revenue

$113,075

LAUNDRY/VENDING REVENU

Revenue

$4,200

TENANT CHARGES

Revenue

$1,931

Organization Details

Founding Year

2012

Principal Officer

Garth Rydland

NTEE Category

Code: L22 - Housing

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