Civic Intelligence

Ridge Oak Inc.

990 • Fiscal year 2022 • EIN 22-2185024

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 01, 2022

Organization ProfileWWW.RIDGEOAK.ORG

View Organization Page

150 Manchester DriveBasking Ridge, NJ 07920

(908) 221-0266

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

11th percentile

0.04x

Higher debt load relative to revenue than 11% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

85th percentile

38%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

45th percentile

$233,321

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

48th percentile

-0.4%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$29,620,650

Down $117,350 (-0.4%) from 2021

Net Assets

Down

$29,341,448

Down $131,205 (-0.4%) from 2021

Liabilities

Up

$279,202

Up $13,855 (+5.2%) from 2021

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin85th percentile

Revenue

Up

$7,489,570

Up $840,719 (+13%) from 2021

Expenses

Up

$4,667,969

Up $303,793 (+7.0%) from 2021

Net Income

Up

$2,821,601

Up $536,926 (+24%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $15,402,853Liabilities 2010: $300,081Net Assets 2010: $15,102,7722010Assets 2011: $16,118,163Liabilities 2011: $268,156Net Assets 2011: $15,850,0072011Assets 2012: $16,943,814Liabilities 2012: $269,740Net Assets 2012: $16,674,0742012Assets 2013: $17,735,384Liabilities 2013: $300,540Net Assets 2013: $17,434,8442013Assets 2014: $18,381,445Liabilities 2014: $379,814Net Assets 2014: $18,001,6312014Assets 2015: $18,627,600Liabilities 2015: $500,974Net Assets 2015: $18,126,6262015Assets 2016: $18,892,779Liabilities 2016: $346,587Net Assets 2016: $18,546,1922016Assets 2017: $19,520,429Liabilities 2017: $290,954Net Assets 2017: $19,229,4752017Assets 2018: $21,096,945Liabilities 2018: $390,022Net Assets 2018: $20,706,9232018Assets 2019: $24,413,241Liabilities 2019: $1,148,114Net Assets 2019: $23,265,1272019Assets 2020: $25,711,594Liabilities 2020: $257,105Net Assets 2020: $25,454,4892020Assets 2021: $29,738,000Liabilities 2021: $265,347Net Assets 2021: $29,472,6532021Assets 2022: $29,620,650Liabilities 2022: $279,202Net Assets 2022: $29,341,4482022Assets 2023: $32,623,279Liabilities 2023: $321,976Net Assets 2023: $32,301,3032023Assets 2024: $35,754,080Liabilities 2024: $303,059Net Assets 2024: $35,451,0212024Assets 2025: $39,146,225Liabilities 2025: $442,731Net Assets 2025: $38,703,4942025

Highlighted filing

2022

Assets$29,620,650
Liabilities$279,202
Net Assets$29,341,448
Open 2022 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Expenses 2010: $3,012,2422010Revenue 2011: $3,942,781Expenses 2011: $3,047,021Net Income 2011: $895,7602011Expenses 2012: $3,259,6772012Expenses 2013: $3,377,5142013Revenue 2014: $4,019,384Expenses 2014: $3,586,968Net Income 2014: $432,4162014Revenue 2015: $4,162,417Expenses 2015: $3,634,423Net Income 2015: $527,9942015Revenue 2016: $4,064,804Expenses 2016: $3,819,443Net Income 2016: $245,3612016Revenue 2017: $4,430,230Expenses 2017: $3,885,441Net Income 2017: $544,7892017Revenue 2018: $5,591,830Expenses 2018: $4,165,530Net Income 2018: $1,426,3002018Revenue 2019: $6,216,398Expenses 2019: $4,168,220Net Income 2019: $2,048,1782019Revenue 2020: $6,434,290Expenses 2020: $4,216,616Net Income 2020: $2,217,6742020Revenue 2021: $6,648,851Expenses 2021: $4,364,176Net Income 2021: $2,284,6752021Revenue 2022: $7,489,570Expenses 2022: $4,667,969Net Income 2022: $2,821,6012022Revenue 2023: $7,721,748Expenses 2023: $5,087,673Net Income 2023: $2,634,0752023Revenue 2024: $7,782,366Expenses 2024: $5,910,038Net Income 2024: $1,872,3282024Revenue 2025: $9,684,532Expenses 2025: $6,454,559Net Income 2025: $3,229,9732025

Highlighted filing

2022

Revenue$7,489,570
Expenses$4,667,969
Net Income$2,821,601
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 1, 2022
Return Version
2021v4.2
Gross Receipts
$12,325,650
Mission and Program Overview

Mission

To operate a residential housing project in basking ridge, nj for low income elderly persons.

To operate a residential housing project in basking ridge, nj primarily for low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,425,268$14,109,469▼ $1,315,799
Land, Buildings, and Equipment, Net$11,941,350$12,030,424▲ $89,074
Other Notes and Loans Receivable, Net$1,338,655$1,348,854▲ $10,199
Savings and Temporary Cash Investments$462,072$1,247,110▲ $785,038
Cash and Non-Interest-Bearing Accounts$182,923$442,984▲ $260,061
Prepaid Expenses and Deferred Charges$230,399$271,769▲ $41,370
Accounts Receivable$35,466$46,874▲ $11,408
Total Assets$29,738,000$29,620,650▼ $117,350
Other Assets Total$121,867$123,166▲ $1,299
Liabilities
Accounts Payable and Accrued Expenses$143,480$156,036▲ $12,556
Escrow Account Liability$121,867$123,166▲ $1,299
Total Liabilities$265,347$279,202▲ $13,855
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,472,653$29,341,448▼ $131,205
Total Net Assets Fund Balance$29,472,653$29,341,448▼ $131,205
Total Liabilities and Net Assets / Fund Balance$29,738,000$29,620,650▼ $117,350

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,397,011$16,885,826$25,282,837
Leasehold Improvements$2,811,910$2,053,415$4,865,325
Equipment$410,986$1,177,025$1,588,011
Land$410,517-$410,517
Compensation and Service Providers
Top Officer Pay45th percentile

Board Members and Trustees

NameTitle
Vincent BakerPresident
Susan PapeVice President
Bonnie KellyExecutive Director
Bob TallaksenTrustee
Bruce McarthurTrustee
Richard JuterbockTrustee
Russell E Archer JrTrustee
Tracie MalleoTrustee
Susan M GannonSecretary
Norman GraffTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vorhees & Crane PaintingCapital Improvements35 BUTTERNUT ROAD, Hellertown, PA 18055$101,555
Revenue and Support

Revenue Composition

Contributions and Grants
$184,238
Program Service Revenue
$6,157,974
Investment Income
$1,147,358
Other Revenue
$0
All Other Contributions
$28,919
Change in Net Assets
$2,821,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,489,570
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,952,806
Total Revenue per Audited Statements
$4,536,764
Total Revenue per Form 990
$7,489,570
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,064,320
Salaries, Compensation, and Employee Benefits$1,603,649
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$805,402$376,905-$1,182,307
Depreciation Depletion$1,008,228--$1,008,228
Other Employee Benefits$210,234$140,156-$350,390
Occupancy$276,883--$276,883
Insurance$218,757--$218,757
Fees for Services Management-$214,258-$214,258
Office Expenses-$111,143-$111,143
Fees for Services Other-$77,897-$77,897
Payroll Taxes$42,571$28,381-$70,952
Other Expenses$214,244$62,048-$62,048
All Other Expenses-$38,883-$38,883
Fees for Service Investment Mgmnt Fees-$31,185-$31,185
Fees for Services Accounting-$28,320-$28,320
Travel-$8,975-$8,975
Fees for Services Legal-$8,761-$8,761
Advertising-$2,642-$2,642
Information Technology-$157-$157
Total Functional Expenses$3,538,258$1,129,711$0$4,667,969

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,667,969
Total Expenses per Audited Statements$4,667,969
Total Expenses per Form 990$4,667,969
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Ridge oak management, inc. Is a related organization that is a supporting organization to ridge oak, inc. Ridge oak management provides managment services related to low income senior housing.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is provided to the executive director prior to filing. The executive director makes this copy available to all board members who may review and ask questions. All questions are resolved before final filing of the 990.”

Form 990, Part VI, Section B, Line 12C

“All new board members are required to review and sign a hud conflict of interest policy and disclosure certification (4571.3 rev-1). These certifications are reviewed annually.”

Form 990, Part VI, Section C, Line 18

“The organization's 990 is available upon request and on guidestar.org”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements may be made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ridge Oak Inc
EIN
22-2185024
Phone
9082210266
Address
150 MANCHESTER DRIVE, BASKING RIDGE, NJ 07920

Signing Officer

Name
Bonnie Kelly
Title
Executive Director
Phone
9082210266
Signed
2022-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Kelly
Formed
1976
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
34
Volunteers
10

Preparer

Firm
SOBEL & CO LLC CPA'S
Address
293 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039-1711
Preparer
Tara Del Gavio
Phone
9739949494
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“Tenant security deposits are held in a separate interest-bearing fdic insured account in ridge oak's name in trust for the tenants. Under certain circumstances, tenant security deposits may be applied towards unpaid rent or other tenant obligations.”

PART X, LINE 2:

“Ridge oak qualifies as a not-for-profit organization under 501(c)(3) of the internal revenue code. Accordingly, it is not subject to federal or state income taxes. The organization follows standards that provide clarification on accounting for uncertainty in income taxes recognized in the organization's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. The organization's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense. No interest and penalties were recorded during the years ended 2022 and 2021. At june 30, 2022 and 2021, there are no significant income tax uncertainties.”

Raw XML AppendixShowing 400 of 589 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0143480
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0156036
IRS990/AccountsReceivableGrp/BOYAmt035466
IRS990/AccountsReceivableGrp/EOYAmt046874
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE A RESIDENTIAL HOUSING PROJECT IN BASKING RIDGE, NJ PRIMARILY FOR LOW INCOME ELDERLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02642
IRS990/AdvertisingGrp/TotalAmt02642
IRS990/AllOtherContributionsAmt028919
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt038883
IRS990/AllOtherExpensesGrp/TotalAmt038883
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RIDGE OAK INC
IRS990/BooksInCareOfDetail/PhoneNum09082210266
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 MANCHESTER DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BASKING RIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007920
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0182923
IRS990/CashNonInterestBearingGrp/EOYAmt0442984
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0101555
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt035 BUTTERNUT ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HELLERTOWN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd018055
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0VORHEES & CRANE PAINTING
IRS990/ContractorCompensationGrp/ServicesDesc0CAPITAL IMPROVEMENTS
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0184238
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01147358
IRS990/CYOtherExpensesAmt03064320
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06157974
IRS990/CYRevenuesLessExpensesAmt02821601
IRS990/CYSalariesCompEmpBnftPaidAmt01603649
IRS990/CYTotalExpensesAmt04667969
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07489570
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01008228
IRS990/DepreciationDepletionGrp/TotalAmt01008228
IRS990/Desc0PROVISION OF 248 UNITS FOR HOUSING AND RELATED SERVICES FOR THE ELDERLY IN BASKING RIDGE, NJ PURSUANT TO SECTION 8 OF THE US HOUSING ACT OF 1937. RENT SUBSIDY IS PROJECT BASED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt034
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0121867
IRS990/EscrowAccountLiabilityGrp/EOYAmt0123166
IRS990/ExpenseAmt03538258
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt028320
IRS990/FeesForServicesAccountingGrp/TotalAmt028320
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08761
IRS990/FeesForServicesLegalGrp/TotalAmt08761
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0214258
IRS990/FeesForServicesManagementGrp/TotalAmt0214258
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt077897
IRS990/FeesForServicesOtherGrp/TotalAmt077897
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt031185
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt031185
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt930.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt910.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt959053
IRS990/Form990PartVIISectionAGrp/PersonNm0NORMAN GRAFF
IRS990/Form990PartVIISectionAGrp/PersonNm1RUSSELL E ARCHER JR
IRS990/Form990PartVIISectionAGrp/PersonNm2BOB TALLAKSEN
IRS990/Form990PartVIISectionAGrp/PersonNm3TRACIE MALLEO
IRS990/Form990PartVIISectionAGrp/PersonNm4SUSAN M GANNON
IRS990/Form990PartVIISectionAGrp/PersonNm5VINCENT BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD JUTERBOCK
IRS990/Form990PartVIISectionAGrp/PersonNm7SUSAN PAPE
IRS990/Form990PartVIISectionAGrp/PersonNm8BRUCE MCARTHUR
IRS990/Form990PartVIISectionAGrp/PersonNm9BONNIE KELLY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9174268
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0794068
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0155319
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05630148
IRS990/GrossReceiptsAmt012325650
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0157
IRS990/InformationTechnologyGrp/TotalAmt0157
IRS990/InsuranceGrp/ProgramServicesAmt0218757
IRS990/InsuranceGrp/TotalAmt0218757
IRS990/InvestmentIncomeGrp/ExclusionAmt0353290
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0353290
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015425268
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014109469
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020116266
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011941350
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012030424
IRS990/LandBldgEquipCostOrOtherBssAmt032146690
IRS990/LegalDomicileStateCd0NJ
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04836080
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE A RESIDENTIAL HOUSING PROJECT IN BASKING RIDGE, NJ FOR LOW INCOME ELDERLY PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt029472653
IRS990/NetAssetsOrFundBalancesEOYAmt029341448
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0794068
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0794068
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2952806
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt029472653
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt029341448
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0276883
IRS990/OccupancyGrp/TotalAmt0276883
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0111143
IRS990/OfficeExpensesGrp/TotalAmt0111143
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0121867
IRS990/OtherAssetsTotalGrp/EOYAmt0123166
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0140156
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0210234
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0350390
IRS990/OtherExpensesGrp/Desc0MAINTENANCE CONTRACTS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062048
IRS990/OtherExpensesGrp/ProgramServicesAmt0382524
IRS990/OtherExpensesGrp/ProgramServicesAmt1379415
IRS990/OtherExpensesGrp/ProgramServicesAmt2214244
IRS990/OtherExpensesGrp/TotalAmt0382524
IRS990/OtherExpensesGrp/TotalAmt1379415
IRS990/OtherExpensesGrp/TotalAmt2214244
IRS990/OtherExpensesGrp/TotalAmt362048
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0376905
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0805402
IRS990/OtherSalariesAndWagesGrp/TotalAmt01182307
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01338655
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01348854
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028381
IRS990/PayrollTaxesGrp/ProgramServicesAmt042571
IRS990/PayrollTaxesGrp/TotalAmt070952
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0230399
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0271769
IRS990/PrincipalOfficerNm0BONNIE KELLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2812300
IRS990/ProgramServiceRevenueGrp/BusinessCd3812900
IRS990/ProgramServiceRevenueGrp/Desc0RENT - ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc1RENT - TENANTS
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TENANT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04852514
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11279124
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213169
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt313167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04852514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11279124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt313167
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0187537
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0469929
IRS990/PYOtherExpensesAmt02844258
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05991385
IRS990/PYRevenuesLessExpensesAmt02284675
IRS990/PYSalariesCompEmpBnftPaidAmt01519918
IRS990/PYTotalExpensesAmt04364176
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06648851
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02821601
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06157974
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0462072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01247110
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0184238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0187537
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0132249
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0153675
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0783446
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0353290
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0247001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0277497
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0242645
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0213122
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01333555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06157974
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05991385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05830999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05709617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05064219
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt028754194
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0353290
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0247001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0277497
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0242645
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0213122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01333555
IRS990ScheduleA/InvestmentIncomeCYPct00.04320
IRS990ScheduleA/InvestmentIncomePYPct00.04660
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95680
IRS990ScheduleA/PublicSupportPY509Pct00.95340
IRS990ScheduleA/PublicSupportTotal509Amt029537640
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06342212
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06178922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05956746
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05841866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05217894
IRS990ScheduleA/Total509Grp/TotalAmt029537640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06695502
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06425923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06234243
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06084511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05431016
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt030871195
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08397011
IRS990ScheduleD/BuildingsGrp/DepreciationAmt016885826
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025282837
IRS990ScheduleD/EquipmentGrp/BookValueAmt0410986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01177025
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01588011
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04667969
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0410517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0410517
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02811910
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02053415
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04865325
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2952806
IRS990ScheduleD/RevenueNotReportedAmt0-2952806
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07489570
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE INTEREST-BEARING FDIC INSURED ACCOUNT IN RIDGE OAK'S NAME IN TRUST FOR THE TENANTS. UNDER CERTAIN CIRCUMSTANCES, TENANT SECURITY DEPOSITS MAY BE APPLIED TOWARDS UNPAID RENT OR OTHER TENANT OBLIGATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RIDGE OAK QUALIFIES AS A NOT-FOR-PROFIT ORGANIZATION UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, IT IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE ORGANIZATION FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2022 AND 2021. AT JUNE 30, 2022 AND 2021, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,620,650
Liabilities
$279,202
Net assets
$29,341,448
Revenue
$7,489,570
Expenses
$4,667,969
Net income
$2,821,601
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$39.1$0.44$38.7$9.68$6.45$3.23
2024Detailed filing. Detailed filing data is available for this year.$35.8$0.30$35.5$7.78$5.91$1.87
2023Detailed filing. Detailed filing data is available for this year.$32.6$0.32$32.3$7.72$5.09$2.63
2022Detailed filing. Detailed filing data is available for this year.$29.6$0.28$29.3$7.49$4.67$2.82
2021Detailed filing. Detailed filing data is available for this year.$29.7$0.27$29.5$6.65$4.36$2.28
2020Detailed filing. Detailed filing data is available for this year.$25.7$0.26$25.5$6.43$4.22$2.22
2019Detailed filing. Detailed filing data is available for this year.$24.4$1.15$23.3$6.22$4.17$2.05
2018Detailed filing. Detailed filing data is available for this year.$21.1$0.39$20.7$5.59$4.17$1.43
2017Detailed filing. Detailed filing data is available for this year.$19.5$0.29$19.2$4.43$3.89$0.54
2016Detailed filing. Detailed filing data is available for this year.$18.9$0.35$18.5$4.06$3.82$0.25
2015Detailed filing. Detailed filing data is available for this year.$18.6$0.50$18.1$4.16$3.63$0.53
2014Detailed filing. Detailed filing data is available for this year.$18.4$0.38$18.0$4.02$3.59$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$0.30$17.4$3.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$0.27$16.7$3.26
2011Summary only. Only limited summary data is available for this year.$16.1$0.27$15.9$3.94$3.05$0.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$0.30$15.1$3.01