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Riderwood Village Inc

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

EIN: 522126753 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

Overview

What is Riderwood Village Inc?

Riderwood Village Inc is a nonprofit organization located at 3110 Gracefield Road, Silver Spring, MD, 20904. With a team of 1691 employees, they offer comprehensive services for senior residents in various types of living units, including independent living, assisted living, skilled nursing, and memory care. Their mission is to create a welcoming home where seniors can fulfill their needs for belonging, peace of mind, love, and acceptance. Essentially, Riderwood Village caters to the essential aspects of senior living, providing housing, food, medical care, security, maintenance, recreational, and pastoral activities. As part of the National Senior Communities Enterprise, they leverage their financial foundation and governance for the benefit of seniors and their supporters.


Official website here: www.nationalseniorcampuses.org

Is Riderwood Village Inc legitimate?

Riderwood Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riderwood Village 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: $777,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,226,345

For more financial information, click here


Official website here: www.nationalseniorcampuses.org

What is the mission statement of Riderwood Village Inc?

Riderwood Village Inc's mission is centered around providing a home that caters to the primary needs of seniors. The organization believes that a home signifies belonging, peace of mind, love, and acceptance. Riderwood Village Inc's vision is to celebrate aging and create unparalleled value and opportunities for every life it touches. Rooted in inclusion, innovation, and advocacy, the organization leverages its strong financial foundation and governance to benefit seniors and those supporting them as part of the National Senior Communities Enterprise.


Official website here: www.nationalseniorcampuses.org

Who is the CEO of Riderwood Village Inc?

Eileen Erstad is the Director (Thru 3/31/22) of Riderwood Village Inc.


Official website here: www.nationalseniorcampuses.org

What is the revenue of Riderwood Village Inc?

Riderwood Village Inc's revenue in 2022 was $128,538,186.


Official website here: www.nationalseniorcampuses.org

Who are the executives of Riderwood Village Inc and what are their salaries?

The average compensation at Riderwood Village Inc during 2022 was $29,571. There are 1,691 employees and 721 volunteers at Riderwood Village Inc.

Here are 28 key members and their salaries:

    Gary Hibbs (Executive Director (Thru 6/1/22))
  • Compensation: $260,635
  • Related: $0
  • Other: $14,683

    • Rev Dr Zina Jacque (Director)
  • Compensation: $0
  • Related: $187,500
  • Other: $0

    • Peace Oke (Director, Nursing)
  • Compensation: $169,068
  • Related: $0
  • Other: $16,158

    • Dee Dee Gray-Weaver (Executive Director (Beg 5/9/22))
  • Compensation: $163,637
  • Related: $0
  • Other: $11,845

    • Lois Errera (Asst Administrator Continuing Care)
  • Compensation: $141,617
  • Related: $0
  • Other: $26,948

    • Leire Moulier (Sales Counselor)
  • Compensation: $148,757
  • Related: $0
  • Other: $16,606

    • Eileen G Erstad (President/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $161,875
  • Other: $0

    • Isatu Timbo (Registered Nurse)
  • Compensation: $141,720
  • Related: $0
  • Other: $10,107

    • Solange Lilian Ozokwere (Licensed Practical Nurse)
  • Compensation: $142,184
  • Related: $0
  • Other: $9,432

    • Mary D Colins (Vice Chair & Vp/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $150,000
  • Other: $0

    • Sharon Singh (Assistant Director, Nursing)
  • Compensation: $8,553
  • Related: $136,712
  • Other: $3,098

    • Andrew Ferraiuolo (Director Of Finance)
  • Compensation: $129,066
  • Related: $0
  • Other: $12,409

    • E Michelle Bohreer (Former President)
  • Compensation: $0
  • Related: $135,625
  • Other: $0

    • Stephanie L Reel (Director)
  • Compensation: $0
  • Related: $134,315
  • Other: $0

    • Barbara C Bisgaier (Director)
  • Compensation: $0
  • Related: $110,000
  • Other: $0

    • Michael W Roskiewicz (Director)
  • Compensation: $0
  • Related: $100,000
  • Other: $0

    • Arnold Speert (Director)
  • Compensation: $0
  • Related: $90,000
  • Other: $0

    • C Jackson Bain (Director)
  • Compensation: $0
  • Related: $87,500
  • Other: $0

    • Patricia M Brown (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • Pamela D Paulk (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • Monty C Leonard (Director (Beg 4/1/22))
  • Compensation: $0
  • Related: $76,833
  • Other: $0

    • James P Hayes (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $38,125
  • Other: $0

    • Fredick W Haas (Director (Thru 3/31/22))
  • Compensation: $0
  • Related: $37,500
  • Other: $0

    • Linda W Wanner (Resident Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hall (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Gantert (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Rathmann (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Embley (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nationalseniorcampuses.org

    Where can I find the form 990 for Riderwood Village Inc?

    The Riderwood Village Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nationalseniorcampuses.org

    Learn more at the official website: www.nationalseniorcampuses.org

    Mission Statement of Riderwood Village Inc

    Riderwood Village Inc, a renowned organization, is dedicated to providing a home that meets the three primary needs of seniors. In simpler terms, Riderwood Village aims to ensure a sense of belonging, peace of mind, and love and acceptance for its elder residents.

    The mission statement of Riderwood Village is deeply rooted in the belief that a home should go beyond just being a physical structure. Instead, it should be a place where individuals feel a strong sense of belonging. Riderwood Village Inc welcomes seniors with open arms, offering them a space where they can live out their golden years in peace and comfort.

    Moreover, Riderwood Village's vision statement reflects its commitment to celebrating aging. The organization is grounded in inclusion, innovation, and advocacy. It leverages its strong financial foundation and governance to create unparalleled value and opportunities for every life it touches. As part of the National Senior Communities Enterprise, Riderwood Village's reach extends beyond its borders, making a positive impact on seniors and those who support them.

    Impact

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




    Thursday, August 15, 2024

    Riderwood Village Inc provides a home for seniors that satisfies their three primary needs. They offer housing, food, medical, security, maintenance services, recreational activities, and pastoral care to senior residents living in various types of units. By creating a sense of belonging, peace of mind, love, and acceptance, Riderwood Village celebrates aging and strives to offer unparalleled value and opportunities for every life they touch. Through their inclusive, innovative, and advocacy-based approach, they aim to benefit seniors and those who support them, ultimately making a positive impact on the lives of older adults in their 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 2022.

  • Investment Income: $391,880
  • Program Service Revenue: $122,514,661
  • Gross Receipts: $128,545,450

    • Assets and Liabilities:
  • Total Assets: $730,082,996
  • Total Liabilities: $753,146,190
  • Net Assets: -$23,063,194
  • Programs

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

    RESIDENT FEES

    Revenue

    $106,008,050

    ANCILLARY FEES

    Revenue

    $15,508,853

    RESIDENT DEPOSITS

    Revenue

    $997,758

    Organization Details

    Founding Year

    1998

    Principal Officer

    Eileen Erstad

    Main Address

    3110 GRACEFIELD ROAD, SILVER SPRING, MD, 20904

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Riderwood Village 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.