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Ridgemont Manor Cdc

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

EIN: 464224774 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Ridgemont Manor Cdc?

Ridgemont Manor Cdc is a nonprofit organization located at 3805 Ridgemont Avenue, Memphis, Tennessee. With a focus on serving the disabled and the elderly, they provide 24-hour care and maintenance for a maximum of 12 individuals. Their mission encompasses both preventive and rehabilitative services, ensuring comprehensive care for their clients. With a modest workforce of three employees, Ridgemont Manor Cdc is dedicated to contributing positively to the lives of its beneficiaries.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)

Ridgemont Manor Cdc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various aspects of its operations. The overall score reflects strengths in governance, with a fully independent board and no reported material diversion of assets. However, the lack of financial statements and required policies significantly impacts its accountability and finance score.

The organization boasts a high program expense ratio of 100%, suggesting that all its expenses are directed towards its programs. This focus on programmatic spending is a positive aspect, indicating a commitment to its mission. However, the absence of basic financial transparency tools, such as posted tax forms and a conflict of interest policy, raises concerns about its operational transparency.

Overall, while Ridgemont Manor Cdc shows dedication to its programs and has a strong governance structure, the shortcomings in financial reporting and policy development highlight areas that need attention. Addressing these issues could enhance its accountability and potentially improve its rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Ridgemont Manor Cdc legitimate?

Ridgemont Manor Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgemont Manor Cdc 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: $100,606

For more financial information, click here

What is the mission statement of Ridgemont Manor Cdc?

Ridgemont Manor Cdc, a licensed facility, is dedicated to serving the needs of the disabled and the elderly. Its mission is to provide round-the-clock care and support to these individuals. The center is licensed to accommodate twelve individuals, offering both preventive and rehabilitative services. The primary aim of Ridgemont Manor Cdc is to ensure the well-being and comfort of its residents, enabling them to live their lives to the fullest. The facility is committed to providing a safe and nurturing environment where the needs of its residents are prioritized and addressed.

What is the revenue of Ridgemont Manor Cdc?

Ridgemont Manor Cdc's revenue in 2024 was $690,958.

Who are the executives of Ridgemont Manor Cdc and what are their salaries?

The average compensation at Ridgemont Manor Cdc during 2024 was $33,535. There are 3 employees at Ridgemont Manor Cdc.

Here are 3 key members and their salaries:


Sharon Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jewell Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ridgemont Manor Cdc?

Ridgemont Manor Cdc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Ridgemont Manor Cdc

Ridgemont Manor Cdc, a nonprofit organization, is dedicated to serving the needs of the disabled and the elderly. With a license to cater to 12 individuals, this organization provides round-the-clock care, ensuring support is available at all hours. Their mission is centered around offering preventive and rehabilitative services to those in need, aiming to enhance their quality of life. The organization's focus on providing 24-hour service is a testament to their commitment to the well-being and comfort of the individuals they serve.

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Impact




July, 2024

Ridgemont Manor CDC's impact in Memphis, TN, is significant as it provides essential 24-hour services for individuals with disabilities and the elderly. With a focus on preventive and rehabilitation services, Ridgemont Manor CDC is licensed to care for up to 12 individuals, ensuring they receive the support and attention they need to live fulfilling lives. Through their commitment to education and care, Ridgemont Manor CDC plays a vital role in enhancing the well-being and quality of life for those they serve in the community.




This information is meant to be a general summary of Ridgemont Manor Cdc. 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
$690,958 (2024)
Expenses
$668,538 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $690,958
  • Gross Receipts: $690,958

Assets and Liabilities:

  • Total Assets: $260,162
  • Total Liabilities: $0
  • Net Assets: $260,162

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Programs

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

Program Fees

Revenue

$690,958

Program 2

Revenue

$0

Program 3

Revenue

$0

Program 4

Revenue

$0

Program 5

Revenue

$0

Organization Details

Founding Year

2014

Principal Officer

Sharon Williams

NTEE Category

Code: B82 - Education

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