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Ridge Oak Ii Inc

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

EIN: 300407213 ✦ Basking ridge, NJ ✦ Designated as a 501(c)(3)

Overview

What is Ridge Oak Ii Inc?

Ridge Oak II Inc is a nonprofit organization situated in Basking Ridge, New Jersey, specifically at 150 Manchester Drive. Their primary mission is to provide housing and related services for the elderly, adhering to Section 202 of the US Housing Act of 1959, which they have amended. The organization operates a residential housing project primarily for low-income elderly individuals in Basking Ridge, ensuring they have access to a comfortable living environment.


Official website here: www.ridgeoak.org

Is Ridge Oak Ii Inc legitimate?

Ridge Oak Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridge Oak Ii 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: $81,954

For more financial information, click here


Official website here: www.ridgeoak.org

What is the mission statement of Ridge Oak Ii Inc?

Ridge Oak II Inc's mission is centered around operating a residential housing project, primarily for low-income elderly individuals. Their primary goal is to provide a housing solution along with related services for this specific demographic. This initiative is in line with Section 202 of the US Housing Act of 1959, as amended. The organization aims to offer 39 housing units in this project, striving to support the elderly in a comfortable and suitable living environment.


Official website here: www.ridgeoak.org

Who is the CEO of Ridge Oak Ii Inc?

Bonnie Kelly is the Secretary of Ridge Oak Ii Inc.


Official website here: www.ridgeoak.org

What is the revenue of Ridge Oak Ii Inc?

Ridge Oak Ii Inc's revenue in 2023 was $480,654.


Official website here: www.ridgeoak.org

Who are the executives of Ridge Oak Ii Inc and what are their salaries?

Here are 10 key members and their salaries:

    Bonnie Kelly (Executive Director)
  • Compensation: $0
  • Related: $180,233
  • Other: $60,113

    • Susan M Gannon (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell E Archer Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norman Graff (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracie Malleo (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Pape (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Tallaksen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Mcarthur (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ridgeoak.org

    Where can I find the form 990 for Ridge Oak Ii Inc?

    The Ridge Oak Ii 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 Ii Inc

    Ridge Oak II Inc, as a nonprofit organization, is dedicated to operating a residential housing project primarily for low-income elderly individuals. Their mission is to provide a comfortable living space and related services for this specific demographic, adhering to Section 202 of the US Housing Act of 1959, as amended. This project aims to enhance the quality of life for elderly individuals, offering them a secure and supportive environment.

    Impact

    This information is meant to be a general summary of Ridge Oak Ii Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Ridge Oak II Inc's impact can be seen in its provision of 39 housing units and related services for low-income elderly individuals in Basking Ridge, NJ. By operating a residential housing project under the US Housing Act of 1959, Ridge Oak II Inc is addressing the critical need for affordable housing for the elderly population in the area. This organization is helping to ensure that low-income elderly individuals have access to safe and comfortable housing, promoting their well-being and quality of life. Through its mission to provide housing for this vulnerable demographic, Ridge Oak II Inc is making a tangible and meaningful impact in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,325
  • Program Service Revenue: $474,329
  • Gross Receipts: $480,654

    • Assets and Liabilities:
  • Total Assets: $2,935,431
  • Total Liabilities: $756,400
  • Net Assets: $2,179,031
  • Programs

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

    TENANT ASSISTANCE PAYM

    Revenue

    $286,129

    RENT - TENANT

    Revenue

    $186,346

    LAUNDRY REVENUE

    Revenue

    $1,854

    Organization Details

    Founding Year

    2001

    Principal Officer

    Bonnie Kelly

    Main Address

    150 MANCHESTER DRIVE, BASKING RIDGE, NJ, 07920

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Ridge Oak Ii 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.