Civic Intelligence

Ridge Oak III Inc.

990 • Fiscal year 2019 • EIN 27-3501015

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 12, 2020

150 Manchester DrBasking Ridge, NJ 07920

(908) 221-0266

Siviq Scores

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

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.40x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2019

Net Margin

18th percentile

-41%

Higher net margin than 18% of similar nonprofits.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$219,043

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 91.0% of source-year revenue.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2019

Asset Growth

49th percentile

-2.6%

Faster asset growth than 49% of similar nonprofits.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

58th percentile

5.3%

Faster revenue growth than 58% of similar nonprofits.

2019 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$4,000,703

Down $108,801 (-2.6%) from 2018

Net Assets

Down

$3,905,450

Down $97,537 (-2.4%) from 2018

Liabilities

Down

$95,253

Down $11,264 (-11%) from 2018

Revenue

Up

$240,664

Up $12,124 (+5.3%) from 2018

Expenses

Up

$338,201

Up $10,748 (+3.3%) from 2018

Net Income

Up

-$97,537

Up $1,376 (+1.4%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $4,947,703Liabilities 2013: $451,378Net Assets 2013: $4,496,3252013Assets 2014: $4,502,559Liabilities 2014: $118,495Net Assets 2014: $4,384,0642014Assets 2015: $4,391,183Liabilities 2015: $101,842Net Assets 2015: $4,289,3412015Assets 2016: $4,296,417Liabilities 2016: $101,322Net Assets 2016: $4,195,0952016Assets 2017: $4,207,978Liabilities 2017: $106,078Net Assets 2017: $4,101,9002017Assets 2018: $4,109,504Liabilities 2018: $106,517Net Assets 2018: $4,002,9872018Assets 2019: $4,000,703Liabilities 2019: $95,253Net Assets 2019: $3,905,4502019Assets 2020: $3,901,997Liabilities 2020: $90,841Net Assets 2020: $3,811,1562020Assets 2021: $3,821,198Liabilities 2021: $101,857Net Assets 2021: $3,719,3412021Assets 2022: $3,728,132Liabilities 2022: $109,335Net Assets 2022: $3,618,7972022Assets 2023: $3,601,879Liabilities 2023: $85,575Net Assets 2023: $3,516,3042023Assets 2024: $3,543,526Liabilities 2024: $92,935Net Assets 2024: $3,450,5912024Assets 2025: $3,481,222Liabilities 2025: $98,324Net Assets 2025: $3,382,8982025

Highlighted filing

2019

Assets$4,000,703
Liabilities$95,253
Net Assets$3,905,450

Operations Trend

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

$400K$200K$0-$200KExpenses 2013: $145,0962013Revenue 2014: $176,974Expenses 2014: $289,235Net Income 2014: -$112,2612014Revenue 2015: $201,512Expenses 2015: $296,235Net Income 2015: -$94,7232015Revenue 2016: $218,628Expenses 2016: $312,874Net Income 2016: -$94,2462016Revenue 2017: $228,179Expenses 2017: $321,374Net Income 2017: -$93,1952017Revenue 2018: $228,540Expenses 2018: $327,453Net Income 2018: -$98,9132018Revenue 2019: $240,664Expenses 2019: $338,201Net Income 2019: -$97,5372019Revenue 2020: $248,181Expenses 2020: $342,475Net Income 2020: -$94,2942020Revenue 2021: $252,842Expenses 2021: $344,657Net Income 2021: -$91,8152021Revenue 2022: $254,676Expenses 2022: $353,551Net Income 2022: -$98,8752022Revenue 2023: $270,434Expenses 2023: $372,138Net Income 2023: -$101,7042023Revenue 2024: $310,425Expenses 2024: $376,138Net Income 2024: -$65,7132024Revenue 2025: $331,830Expenses 2025: $399,523Net Income 2025: -$67,6932025

Highlighted filing

2019

Revenue$240,664
Expenses$338,201
Net Income-$97,537
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 12, 2020
Return Version
2018v3.1
Gross Receipts
$240,664
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,969,402$3,853,868▼ $115,534
Prepaid Expenses and Deferred Charges$20,396$20,732▲ $336
Cash and Non-Interest-Bearing Accounts$26,233$16,053▼ $10,180
Accounts Receivable$301$474▲ $173
Total Assets$4,109,504$4,000,703▼ $108,801
Other Assets Total$93,172$109,576▲ $16,404
Liabilities
Other Liabilities$78,463$72,443▼ $6,020
Accounts Payable and Accrued Expenses$21,022$14,919▼ $6,103
Escrow Account Liability$7,032$7,891▲ $859
Total Liabilities$106,517$95,253▼ $11,264
Net Assets / Fund Balance
Unrestricted Net Assets$4,002,987$3,905,450▼ $97,537
Total Net Assets Fund Balance$4,002,987$3,905,450▼ $97,537
Total Liabilities and Net Assets / Fund Balance$4,109,504$4,000,703▼ $108,801

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,837,213$743,903$4,581,116
Equipment$16,654$24,334$40,988
Land$1-$1
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce WalkerPresident
Vincent BakerVice President
Bonnie KellyExcutive Director
John WojnarTrustee
Richard JuterbockTrustee
Russell E ArcherTrustee
Susan M GannonTrustee
William AdamsTrustee
Judith AdamcsikSecretary
Royal GarmsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$237,387
Investment Income
$3,277
Other Revenue
$0
Change in Net Assets
$-97,537

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,664
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$240,664
Total Revenue per Form 990
$240,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$264,587
Salaries, Compensation, and Employee Benefits$73,614
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$118,480--$118,480
Other Salaries and Wages$24,485$27,611-$52,096
Occupancy$25,318--$25,318
Insurance$20,045--$20,045
Other Employee Benefits$8,194$9,239-$17,433
Fees for Services Management-$12,960-$12,960
Fees for Services Accounting-$10,380-$10,380
Office Expenses-$5,945-$5,945
Other Expenses$5,790$7,831-$5,790
Payroll Taxes$1,920$2,165-$4,085
Conferences and Meetings-$495-$495
Total Functional Expenses$261,575$76,626$0$338,201

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$338,201
Total Expenses per Audited Statements$338,201
Total Expenses per Form 990$338,201
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Ridge Oak Management, Inc.$50,028
Loan From Ridge Oak,inc.$22,415
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 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 iii, inc. Ridge oak management provides managment services related to the program service of 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 and financial statements may be made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ridge Oak Iii Inc
EIN
27-3501015
Phone
9082210266
Address
150 MANCHESTER DR, BASKING RIDGE, NJ 07920

Signing Officer

Name
Bonnie Kelly
Title
Executive Director
Phone
9082210266
Signed
2020-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Kelly
Formed
2010
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

The 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 bank account in the name of the project in trust for the tenants. Under certain circumstances, tenant security deposits may be applied to unpaid rent or other tenant obligations.

PART X, LINE 2:

The project is exempt from federal and state income taxes, under section 501(c)(3) of the internal revenue code. The project follows standards that provide clarification on accounting for uncertainty in income taxes recognized in the project'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 project'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 2019 and 2018. At june 30, 2019, and 2018 there are no significant income tax uncertainties.

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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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IRS990/OtherSalariesAndWagesGrp/TotalAmt052096
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02165
IRS990/PayrollTaxesGrp/ProgramServicesAmt01920
IRS990/PayrollTaxesGrp/TotalAmt04085
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020396
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020732
IRS990/PrincipalOfficerNm0BONNIE KELLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENT - TENANT
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0167505
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt168800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21082
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt168800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21082
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01999
IRS990/PYOtherExpensesAmt0255276
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0226541
IRS990/PYRevenuesLessExpensesAmt0-98913
IRS990/PYSalariesCompEmpBnftPaidAmt072177
IRS990/PYTotalExpensesAmt0327453
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0228540
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-97537
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0237387
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03277
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01999
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0971
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01589
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0341
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0237387
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0226541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0227208
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0217039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0201171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01109346
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01999
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01589
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0341
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08177
IRS990ScheduleA/InvestmentIncomeCYPct00.00730
IRS990ScheduleA/InvestmentIncomePYPct00.00460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt010250
IRS990ScheduleA/OtherIncome509Grp/TotalAmt010250
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98370
IRS990ScheduleA/PublicSupportPY509Pct00.98580
IRS990ScheduleA/PublicSupportTotal509Amt01109346
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0237387
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0226541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0227208
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0217039
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0201171
IRS990ScheduleA/Total509Grp/TotalAmt01109346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0240664
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0228540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0228179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0218628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0211762
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01127773
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03837213
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0743903
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04581116
IRS990ScheduleD/EquipmentGrp/BookValueAmt016654
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024334
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040988
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0338201
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050028
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt122415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN FROM RIDGE OAK MANAGEMENT, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN FROM RIDGE OAK,INC.
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0240664
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE INTEREST BEARING BANK ACCOUNT IN THE NAME OF THE PROJECT IN TRUST FOR THE TENANTS. UNDER CERTAIN CIRCUMSTANCES, TENANT SECURITY DEPOSITS MAY BE APPLIED TO UNPAID RENT OR OTHER TENANT OBLIGATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE PROJECT'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 PROJECT'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 2019 AND 2018. AT JUNE 30, 2019, AND 2018 THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03853868
IRS990ScheduleD/TotalExpensesPerForm990Amt0338201
IRS990ScheduleD/TotalLiabilityAmt072443
IRS990ScheduleD/TotalRevenuePerForm990Amt0240664
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0240664
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0338201
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0177744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt028242
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt013057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BONNIE KELLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXCUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219043
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RELIES UPON RIDGE OAK MANAGEMENT, INC., A RELATED ORGANIZATION, TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR. RIDGE OAK MANAGEMENT USES TWO METHODS TO ESTABLISH COMPENSATION: A COMPENSATION COMMITTEE REVIEW AND BOARD APPROVAL OF COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RIDGE OAK MANAGEMENT, INC. IS A RELATED ORGANIZATION THAT IS A SUPPORTING ORGANIZATION TO RIDGE OAK III, INC. RIDGE OAK MANAGEMENT PROVIDES MANAGMENT SERVICES RELATED TO THE PROGRAM SERVICE OF LOW INCOME SENIOR HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 IS AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS MAY BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18

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