Civic Intelligence

Ridge Oak II Inc.

990 • Fiscal year 2018 • EIN 30-0407213

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 07, 2019

Organization ProfileWWW.RIDGEOAK.ORG
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

32nd percentile

0.20x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

36th percentile

1.87x

Higher debt load relative to revenue than 36% of similar nonprofits.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2018

Net Margin

13th percentile

-48%

Higher net margin than 13% of similar nonprofits.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

84th percentile

$208,578

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 50.6% of source-year revenue.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2018

Asset Growth

10th percentile

-7.2%

Faster asset growth than 10% of similar nonprofits.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-0.9%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$3,878,462

Down $299,933 (-7.2%) from 2017

Net Assets

Down

$3,106,618

Down $196,561 (-6.0%) from 2017

Liabilities

Down

$771,844

Down $103,372 (-12%) from 2017

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin13th percentile

Revenue

Down

$412,467

Down $3,786 (-0.9%) from 2017

Expenses

Down

$609,028

Down $70,791 (-10%) from 2017

Net Income

Up

-$196,561

Up $67,005 (+25%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,570,511Liabilities 2010: $870,600Net Assets 2010: $4,699,9112010Assets 2011: $5,346,822Liabilities 2011: $848,193Net Assets 2011: $4,498,6292011Assets 2012: $5,163,908Liabilities 2012: $834,935Net Assets 2012: $4,328,9732012Assets 2017: $4,178,395Liabilities 2017: $875,216Net Assets 2017: $3,303,1792017Assets 2018: $3,878,462Liabilities 2018: $771,844Net Assets 2018: $3,106,6182018Assets 2021: $3,343,140Liabilities 2021: $777,038Net Assets 2021: $2,566,1022021Assets 2022: $3,159,692Liabilities 2022: $781,697Net Assets 2022: $2,377,9952022Assets 2023: $2,935,431Liabilities 2023: $756,400Net Assets 2023: $2,179,0312023Assets 2025: $2,695,921Liabilities 2025: $805,855Net Assets 2025: $1,890,0662025

Highlighted filing

2018

Assets$3,878,462
Liabilities$771,844
Net Assets$3,106,618
Open 2018 Filing

Operations Trend

Revenue Growth19th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $529,7312010Expenses 2011: $540,6282011Expenses 2012: $556,1172012Revenue 2017: $416,253Expenses 2017: $679,819Net Income 2017: -$263,5662017Revenue 2018: $412,467Expenses 2018: $609,028Net Income 2018: -$196,5612018Revenue 2021: $431,993Expenses 2021: $633,843Net Income 2021: -$201,8502021Revenue 2022: $450,702Expenses 2022: $633,943Net Income 2022: -$183,2412022Revenue 2023: $480,654Expenses 2023: $676,153Net Income 2023: -$195,4992023Revenue 2025: $569,376Expenses 2025: $721,700Net Income 2025: -$152,3242025

Highlighted filing

2018

Revenue$412,467
Expenses$609,028
Net Income-$196,561
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 7, 2019
Return Version
2017v2.3
Gross Receipts
$412,467
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
Land, Buildings, and Equipment, Net$3,713,608$3,513,415▼ $200,193
Savings and Temporary Cash Investments$395,401$289,982▼ $105,419
Prepaid Expenses and Deferred Charges$29,587$30,473▲ $886
Cash and Non-Interest-Bearing Accounts$20,826$26,282▲ $5,456
Accounts Receivable$3,347$1,893▼ $1,454
Total Assets$4,178,395$3,878,462▼ $299,933
Other Assets Total$15,626$16,417▲ $791
Liabilities
Other Liabilities$737,406$733,780▼ $3,626
Accounts Payable and Accrued Expenses$122,184$21,647▼ $100,537
Escrow Account Liability$15,626$16,417▲ $791
Total Liabilities$875,216$771,844▼ $103,372
Net Assets / Fund Balance
Unrestricted Net Assets$3,303,179$3,106,618▼ $196,561
Total Net Assets Fund Balance$3,303,179$3,106,618▼ $196,561
Total Liabilities and Net Assets / Fund Balance$4,178,395$3,878,462▼ $299,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,434,320$3,208,270$6,642,590
Equipment$58,744$107,346$166,090
Land$20,351-$20,351
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$408,847
Investment Income
$2,605
Other Revenue
$1,015
Change in Net Assets
$-196,561

Audited Revenue Reconciliation

Revenue per Audited Statements
$412,467
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$412,467
Total Revenue per Form 990
$412,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$499,601
Salaries, Compensation, and Employee Benefits$109,427
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$249,502--$249,502
Other Salaries and Wages$26,139$42,647-$68,786
Occupancy$43,987--$43,987
Other Employee Benefits$13,406$21,873-$35,279
Fees for Services Management-$28,848-$28,848
Insurance$28,474--$28,474
Fees for Services Accounting-$12,047-$12,047
Payroll Taxes$2,038$3,324-$5,362
Office Expenses-$4,726-$4,726
Advertising-$4,636-$4,636
Other Expenses$3,918$9,501-$3,918
All Other Expenses$1,920--$1,920
Conferences and Meetings-$326-$326
Total Functional Expenses$481,100$127,928$0$609,028

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$609,028
Total Expenses per Audited Statements$609,028
Total Expenses per Form 990$609,028
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.$617,222
Loan From Ridge Oak, Inc.$116,558
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 ii, 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 form 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 Ii Inc
EIN
30-0407213
Phone
9082210266
Address
150 MANCHESTER DRIVE, BASKING RIDGE, NJ 07920

Signing Officer

Name
Bonnie Kelly
Title
Exec. Director
Phone
9082210266
Signed
2019-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Kelly
Formed
2001
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 2018 and 2017. At june 30, 2018 and 2017, there are no significant income tax uncertainties.”

Raw XML AppendixShowing 400 of 556 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/BOYAmt0122184
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021647
IRS990/AccountsReceivableGrp/BOYAmt03347
IRS990/AccountsReceivableGrp/EOYAmt01893
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE A RESIDENTIAL HOUSING PROJECT IN BASKING RIDGE, NJ PRIMARILY FOR LOW INCOME ELDERLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04636
IRS990/AdvertisingGrp/TotalAmt04636
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01920
IRS990/AllOtherExpensesGrp/TotalAmt01920
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RIDGE OAK II INC
IRS990/BooksInCareOfDetail/PhoneNum09082210266
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 MANCHESTER DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BASKING RIDGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007920
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt020826
IRS990/CashNonInterestBearingGrp/EOYAmt026282
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0326
IRS990/ConferencesMeetingsGrp/TotalAmt0326
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02605
IRS990/CYOtherExpensesAmt0499601
IRS990/CYOtherRevenueAmt01015
IRS990/CYProgramServiceRevenueAmt0408847
IRS990/CYRevenuesLessExpensesAmt0-196561
IRS990/CYSalariesCompEmpBnftPaidAmt0109427
IRS990/CYTotalExpensesAmt0609028
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0412467
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0249502
IRS990/DepreciationDepletionGrp/TotalAmt0249502
IRS990/Desc0PROVISION OF 39 UNITS FOR HOUSING AND RELATED SERVICES FOR THE ELDERLY IN BASKING RIDGE, NJ, PURSUANT TO SECTION 202 OF THE US HOUSING ACT OF 1959 AS AMENDED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt015626
IRS990/EscrowAccountLiabilityGrp/EOYAmt016417
IRS990/ExpenseAmt0481100
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012047
IRS990/FeesForServicesAccountingGrp/TotalAmt012047
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt028848
IRS990/FeesForServicesManagementGrp/TotalAmt028848
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt930.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
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/OtherCompensationAmt943081
IRS990/Form990PartVIISectionAGrp/PersonNm0JUDITH ADAMCSIK
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2RUSSELL E ARCHER JR
IRS990/Form990PartVIISectionAGrp/PersonNm3ROYAL GARMS
IRS990/Form990PartVIISectionAGrp/PersonNm4BRUCE WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN WOJNAR
IRS990/Form990PartVIISectionAGrp/PersonNm6VINCENT BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm7SUSAN M GANNON
IRS990/Form990PartVIISectionAGrp/PersonNm8RICHARD JUTERBOCK
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/ReportableCompFromRltdOrgAmt9165497
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0412467
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028474
IRS990/InsuranceGrp/TotalAmt028474
IRS990/InvestmentIncomeGrp/ExclusionAmt02605
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02605
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03315616
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03713608
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03513415
IRS990/LandBldgEquipCostOrOtherBssAmt06829031
IRS990/LegalDomicileStateCd0NJ
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/NetAssetsOrFundBalancesBOYAmt03303179
IRS990/NetAssetsOrFundBalancesEOYAmt03106618
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt043987
IRS990/OccupancyGrp/TotalAmt043987
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04726
IRS990/OfficeExpensesGrp/TotalAmt04726
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015626
IRS990/OtherAssetsTotalGrp/EOYAmt016417
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021873
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013406
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035279
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09501
IRS990/OtherExpensesGrp/ProgramServicesAmt086561
IRS990/OtherExpensesGrp/ProgramServicesAmt125155
IRS990/OtherExpensesGrp/ProgramServicesAmt23918
IRS990/OtherExpensesGrp/TotalAmt086561
IRS990/OtherExpensesGrp/TotalAmt125155
IRS990/OtherExpensesGrp/TotalAmt29501
IRS990/OtherExpensesGrp/TotalAmt33918
IRS990/OtherLiabilitiesGrp/BOYAmt0737406
IRS990/OtherLiabilitiesGrp/EOYAmt0733780
IRS990/OtherRevenueMiscGrp/BusinessCd0531120
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01015
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01015
IRS990/OtherRevenueTotalAmt01015
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026139
IRS990/OtherSalariesAndWagesGrp/TotalAmt068786
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03324
IRS990/PayrollTaxesGrp/ProgramServicesAmt02038
IRS990/PayrollTaxesGrp/TotalAmt05362
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029587
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030473
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/RelatedOrExemptFuncIncomeAmt0241965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1165244
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0241965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1165244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21638
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030577
IRS990/PYOtherExpensesAmt0573981
IRS990/PYOtherRevenueAmt0892
IRS990/PYProgramServiceRevenueAmt0384784
IRS990/PYRevenuesLessExpensesAmt0-263566
IRS990/PYSalariesCompEmpBnftPaidAmt0105838
IRS990/PYTotalExpensesAmt0679819
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0416253
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-196561
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0408847
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0395401
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0289982
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02605
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030577
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019513
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt031559
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011555
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt095809
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0408847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0384784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0377939
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0355873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0347330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01874773
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02605
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030577
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt031559
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt095809
IRS990ScheduleA/InvestmentIncomeCYPct00.04850
IRS990ScheduleA/InvestmentIncomePYPct00.05630
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01015
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0892
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0734
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0595
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0712
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03948
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94950
IRS990ScheduleA/PublicSupportPY509Pct00.94190
IRS990ScheduleA/PublicSupportTotal509Amt01874773
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0408847
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0384784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0377939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0355873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0347330
IRS990ScheduleA/Total509Grp/TotalAmt01874773
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0412467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0416253
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0398186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0388027
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0359597
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01974530
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03434320
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03208270
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06642590
IRS990ScheduleD/EquipmentGrp/BookValueAmt058744
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0107346
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0166090
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0609028
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt020351
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0116558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1617222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN FROM RIDGE OAK, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN FROM RIDGE OAK MANAGEMENT, INC.
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0412467
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 2018 AND 2017. AT JUNE 30, 2018 AND 2017, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03513415
IRS990ScheduleD/TotalExpensesPerForm990Amt0609028
IRS990ScheduleD/TotalLiabilityAmt0733780
IRS990ScheduleD/TotalRevenuePerForm990Amt0412467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0412467
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0609028
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/CompensationBasedOnRltdOrgsAmt0165497
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt024850
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BONNIE KELLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0208578

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,878,462
Liabilities
$771,844
Net assets
$3,106,618
Revenue
$412,467
Expenses
$609,028
Net income
-$196,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.81$1.89$0.57$0.72$0.15
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.76$2.18$0.48$0.68$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.78$2.38$0.45$0.63$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.78$2.57$0.43$0.63$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.88$0.77$3.11$0.41$0.61$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.88$3.30$0.42$0.68$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.16$0.83$4.33$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.85$4.50$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.87$4.70$0.53