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Ridgetop Apartments Inc

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

EIN: 621629737 ✦ Oak ridge, TN ✦ Designated as a 501(c)(3)

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Overview

What is Ridgetop Apartments Inc?

Ridgetop Apartments Inc is a nonprofit organization committed to offering affordable housing solutions. Specifically, they adhere to Section 811 of the Cranston-Gonzales National Affordable Housing Act. Their mission encompasses providing housing for two distinct groups: low-income individuals and individuals with disabilities. They have allocated a total of seventeen units, with seven units catering to low-income and disabled individuals, and eight units designed for low-income individuals without disabilities. This nonprofit organization contributes to the community by making affordable housing an attainable option for those in need.

Is Ridgetop Apartments Inc legitimate?

Ridgetop Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgetop Apartments Inc submitted a form 990EZ, 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.

What is the mission statement of Ridgetop Apartments Inc?

Ridgetop Apartments Inc's mission is centered around providing affordable housing options. Specifically, they focus on offering apartment units under Section 811 of the Cranston-Gonzales National Affordable Housing Act. This act is aimed at low-income individuals, with seven units allocated for those who are also disabled. Additionally, eight units are provided for other low-income individuals. The organization's primary goal is to make housing more accessible for those who might otherwise struggle to secure it.

Who is the CEO of Ridgetop Apartments Inc?

Blanche Dressner is the Secretary of Ridgetop Apartments Inc.

What is the revenue of Ridgetop Apartments Inc?

Ridgetop Apartments Inc's revenue in 2023 was $41,099.

Who are the executives of Ridgetop Apartments Inc and what are their salaries?


Here are 6 key members and their salaries:


Ralph Aurin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blanche Dressner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colletta Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Adkisson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kas Gomathinayagam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Redmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ridgetop Apartments Inc?

Ridgetop Apartments Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Ridgetop Apartments Inc

Ridgetop Apartments Inc, as a nonprofit organization, is committed to providing affordable housing solutions for low-income individuals and those with disabilities. In line with Section 811 of the Cranston-Gonzales National Affordable Housing Act, Ridgetop Apartments Inc has made available a total of seventeen units for this specific demographic. These units serve as a vital resource, offering a safe and affordable living space to individuals who might otherwise struggle to secure such accommodations. The organization's mission is to foster a sense of community and support among its residents, ensuring that they have access to essential amenities and resources that enable them to live independently and with dignity.

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Impact




August, 2024

Ridgetop Apartments Inc's impact lies in providing vital apartment housing under Section 811 of the Cranston-Gonzales National Affordable Housing Act. With a focus on serving low-income and disabled individuals, the organization has made a significant difference by making seven units available for this demographic. Additionally, an additional eight units have been allocated to cater to the housing needs of low-income individuals. Through these efforts, Ridgetop Apartments Inc plays a crucial role in addressing the housing challenges faced by vulnerable populations in OAK RIDGE, TN.




This information is meant to be a general summary of Ridgetop Apartments 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
$41,099 (2023)
Expenses
$59,597 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $34,938
  • Gross Receipts: $41,099

Assets and Liabilities:

  • Total Assets: $241,672
  • Total Liabilities: $44,484
  • Net Assets: $197,188

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Organization Details

Principal Officer

Blanche Dressner

Main Address

240 West Tyrone Road, Oak Ridge, TN, 378306517

NTEE Category

Code: L21 - Housing

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