Form 990, Part VI, Section B, line 11B
“Form 990 is prepared by the organization's outside accounting firm and reviewed by all members of the governing board before submission to the irs.”
Scores are not available for this record yet.
Assets
Up$1,616,679
Up $181,947 (+13%) from 2019
Net Assets
Up$1,465,261
Up $31,604 (+2.2%) from 2019
Liabilities
Up$151,418
Up $150,343 (+13985%) from 2019
Revenue
Up$519,792
Up $20,002 (+4.0%) from 2019
Expenses
Up$499,242
Up $14,535 (+3.0%) from 2019
Net Income
Up$20,550
Up $5,467 (+36%) from 2019
To provide housing to independent seniors
To provide a caring, affordable living environment for independent adults.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,316,210 | $1,279,715 | ▼ $36,495 |
| Cash and Non-Interest-Bearing Accounts | $128,501 | $336,964 | ▲ $208,463 |
| Total Assets | $1,444,711 | $1,616,679 | ▲ $171,968 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $0 | $149,900 | ▲ $149,900 |
| Accounts Payable and Accrued Expenses | $0 | $1,518 | ▲ $1,518 |
| Total Liabilities | $0 | $151,418 | ▲ $151,418 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,412,306 | $1,465,261 | ▲ $52,955 |
| Net Assets With Donor Restrictions | $32,405 | $0 | ▼ $32,405 |
| Total Net Assets Fund Balance | $1,444,711 | $1,465,261 | ▲ $20,550 |
| Total Liabilities and Net Assets / Fund Balance | $1,444,711 | $1,616,679 | ▲ $171,968 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $980,835 | $1,197,112 | $2,177,947 |
| Land | $224,786 | - | $224,786 |
| Equipment | $74,094 | $10,092 | $84,186 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Roberta Sonenfeld | Treasurer/executive Director | FT | $52,406 | $52,406 |
| Name | Title |
|---|---|
| Gwenn Hauck | President |
| Jeff Voigt | Vice President |
| Lorri Steinbacher | Secretary |
| Diane Cunningham | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $299,830 |
| Salaries, Compensation, and Employee Benefits | $199,412 |
| Total Fundraising Expense | $32,054 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $107,841 | $17,492 | $3,887 | $129,220 |
| Depreciation Depletion | $46,508 | $8,720 | $2,907 | $58,135 |
| Current Officers, Directors, Trustees, and Key Employees | $15,721 | $28,824 | $7,861 | $52,406 |
| Occupancy | $31,300 | $5,869 | $1,955 | $39,124 |
| Insurance | $9,257 | $27,770 | - | $37,027 |
| Payroll Taxes | $9,775 | $3,669 | $924 | $14,368 |
| Fees for Services Accounting | - | $12,569 | $1,397 | $13,966 |
| All Other Expenses | $7,245 | $2,698 | $791 | $10,734 |
| Fees for Services Other | $1,688 | $5,909 | $844 | $8,441 |
| Other Expenses | $1,739 | $3,562 | $1,525 | $6,826 |
| Information Technology | - | $4,006 | - | $4,006 |
| Other Employee Benefits | $1,306 | $1,804 | $308 | $3,418 |
| Advertising | $1,483 | - | - | $1,483 |
| Total Functional Expenses | $325,528 | $141,660 | $32,054 | $499,242 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $539,242 |
| Expenses per Audited Statements | $499,242 |
| Total Expenses per Form 990 | $499,242 |
| Expenses Not Reported on Form 990 | $40,000 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Form 990 is prepared by the organization's outside accounting firm and reviewed by all members of the governing board before submission to the irs.”
“The organization's financial statements and governing documents are available to the public through its filing with the state of new jersey. The organization's financial statements and governing documents are made available upon written request to its members and other interested parties.”
“The organization's finance committee is responsible for oversight of the audit and making recommendations to the board regarding the selection of an independent accountant.”
“The organization is a tax-exempt organization as defined by section 501(c)(3) of the internal revenue code, though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The organization has processes in place to ensure the maintenance of its tax-exempt status, to identify and report unrelated income, to determine its filing and tax obligations in jurisdictions for which it has nexus, and to identify and evaluate other matters that may be considered tax positions. The organization has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE ACCOUNTING FIRM AND REVIEWED BY ALL MEMBERS OF THE GOVERNING BOARD BEFORE SUBMISSION TO THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH ITS FILING WITH THE STATE OF NEW JERSEY. THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO ITS MEMBERS AND OTHER INTERESTED PARTIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND MAKING RECOMMENDATIONS TO THE BOARD REGARDING THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part XII, Line 2c: |
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| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 149900 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 104 COTTAGE PLACE |
| IRS990/USAddress/CityNm | 0 | RIDGEWOOD |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07450 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SHARERIDGEWOOD.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GWENN HAUCK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.