Overview
What is Ridge Oak Inc?
Ridge Oak Inc is a nonprofit organization situated in Basking Ridge, New Jersey. With a focus on providing housing and related services, they specifically cater to the elderly population, ensuring affordability through Section 8 subsidies under the US Housing Act of 1937. Their mission is to operate a residential housing project, primarily for low-income elderly individuals, offering a total of 248 units. This nonprofit employs 38 individuals in fulfilling their objectives.
Official website here: www.ridgeoak.org
Is Ridge Oak Inc legitimate?
Ridge Oak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Oak 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,371,241
For more financial information, click here
Official website here: www.ridgeoak.org
What is the mission statement of Ridge Oak Inc?
Ridge Oak Inc's mission is centered around operating a residential housing project, primarily catering to low-income elderly individuals. The organization aims to provide housing and related services for this demographic, ensuring they have a suitable living environment. This effort is in line with Section 8 of the US Housing Act of 1937, which Ridge Oak Inc implements by offering a project-based rent subsidy. The organization's goal is to enhance the living conditions and support system for the elderly, thereby improving their quality of life.
Official website here: www.ridgeoak.org
Who is the CEO of Ridge Oak Inc?
What is the revenue of Ridge Oak Inc?
Who are the executives of Ridge Oak Inc and what are their salaries?
The average compensation at Ridge Oak Inc during 2023 was $36,085. There are 38 employees and 10 volunteers at Ridge Oak Inc.
Here are 10 key members and their salaries:
- Bonnie Kelly (Executive Director)
- Norman Graff (Treasurer) [Trustee/Director]
- Russell E Archer Jr (Trustee)
- Bob Tallaksen (Trustee)
- Pamela Bowman (Trustee)
- Susan M Gannon (Secretary) [Trustee/Director]
- Susan Pape (President) [Trustee/Director]
- Suzanne Baker (Trustee)
- Tracie Malleo (Vice President) [Trustee/Director]
- Bruce Mcarthur (Trustee)
Official website here: www.ridgeoak.org
Where can I find the form 990 for Ridge Oak Inc?
The Ridge Oak Inc’s most recent form 990 was submitted in 2023 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 Inc
Ridge Oak Inc, a nonprofit organization, is committed to operating a residential housing project primarily for low-income elderly individuals. Their mission is to provide a safe and supportive living environment for this vulnerable population, offering them 248 units of housing along with related services. This initiative is in line with Section 8 of the US Housing Act of 1937, ensuring that rent subsidies are project-based, making it more affordable for the elderly residents. Ridge Oak Inc's mission aims to improve the quality of life for the elderly, providing them with a sense of security and community.
Impact
This information is meant to be a general summary of Ridge Oak Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Ridge Oak Inc's impact can be seen in its provision of 248 units for housing and related services for low-income elderly individuals in Basking Ridge, NJ. By operating a residential housing project primarily for this demographic, Ridge Oak Inc is addressing a critical need for affordable housing and support services for the elderly population. Through its mission to provide a safe and comfortable living environment for low-income elderly persons, Ridge Oak Inc plays a vital role in enhancing the quality of life and well-being of this vulnerable group in the community.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - ASSISTANCE
Revenue
$5,423,302
RENT - TENANTS
Revenue
$1,310,266
TENANT SERVICES
Revenue
$14,034
LAUNDRY REVENUE
Revenue
$12,433
Organization Details
Founding Year
1976
Phone
(908) 221-0266
Principal Officer
Bonnie Kelly
Main Address
150 MANCHESTER DRIVE, BASKING RIDGE, NJ, 07920
Website
www.ridgeoak.org
NTEE Category
Code: L210 - Housing
If you are a representative of Ridge Oak Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.