Nonprofit · EIN 27-3501015
RIDGE OAK III INC
Tax-exempt · BASKING RIDGE, NJ 07920
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $331,830 | $399,523 | -$67,693 | $3,481,222 | $98,324 | $3,382,898 |
| June 30, 2024 | 990 | $310,425 | $376,138 | -$65,713 | $3,543,526 | $92,935 | $3,450,591 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $323,880
- Investment income
- $7,950
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $64,188
- Salaries, compensation and benefits (total)
- $91,152
- Professional fundraising fees
- $0
- Accounting fees
- $11,856
- Occupancy
- $30,929
- Depreciation
- $118,701
- Program services (functional)
- $321,739
- Management and general (functional)
- $77,784
Balance sheet and other
- Total assets, start of year
- $3,543,526
- Total assets, end of year
- $3,481,222
- Total liabilities, end of year
- $98,324
- Net assets, end of year
- $3,382,898
- Land, buildings and equipment
- $3,180,168
- Net assets without donor restrictions
- $3,382,898
- Gross receipts
- $331,830
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BONNIE KELLY | EXECUTIVE DIRECTOR Officer | 10 | $0 | $193,692 | $61,663 |
| MICHAEL PALANCHI | DIRECTOR OF FACILITIES Highest-paid employee | 10 | $0 | $105,683 | $44,660 |
| COREY HOVANEC | DIRECTOR OF OPERATIONS Highest-paid employee | 10 | $0 | $106,777 | $34,367 |
| SUSAN COHN | DIRECTOR OF ADMINISTRATION & HOUSING Highest-paid employee | 10 | $0 | $116,116 | $12,004 |
| PATRICIA GOULDEN | DIRECTOR OF FINANCE Highest-paid employee | 10 | $0 | $104,124 | $12,053 |
| BOB TALLAKSEN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| BRUCE MCARTHUR | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| NORMAN GRAFF | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAMELA BOWMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN PAPE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DENISE SZABO | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| VINCENT BAKER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH KNAPP | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| TRACIE MALLEO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BONNIE KELLY | EXECUTIVE DIRECTOR Officer | 10 | $0 | $187,227 | $62,684 |
| BOB TALLAKSEN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| BRUCE MCARTHUR | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| NORMAN GRAFF | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAMELA BOWMAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SUSAN PAPE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DENISE SZABO | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| VINCENT BAKER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH KNAPP | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| TRACIE MALLEO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 150 MANCHESTER DR, BASKING RIDGE, NJ 07920-1270
- In care of
- % RIDGE OAK MANAGEMENT INC
- Principal officer (990 for 2024)
- BONNIE KELLY, 150 MANCHESTER DRIVE, BASKING RIDGE, NJ 07920
- Signed the 990
- BONNIE KELLY, EXECUTIVE DIRECTOR
- Phone
- (908) 221-0266
- Website
- WWW.RIDGEOAK.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO OPERATE A RESIDENTIAL RENTAL HOUSING PROJECT IN BASKING RIDGE, NJ FOR LOW INCOME ELDERLY PERSONS.
Program accomplishments
- PROVISION OF 20 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.Expenses $321,739 · revenue $323,880
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3501015
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $3,481,222
- Income (IRS master file)
- $331,830
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $331,830 | $399,523 | $3,481,222 | XML |
| 990 | June 2024 | $310,425 | $376,138 | $3,543,526 | XML |
| 990 | June 2023 | $270,434 | $372,138 | $3,601,879 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3501015).
Questions about RIDGE OAK III INC
- What is the EIN of RIDGE OAK III INC?
- The employer identification number (EIN) of RIDGE OAK III INC is 27-3501015.
- Is RIDGE OAK III INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to RIDGE OAK III INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIDGE OAK III INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIDGE OAK III INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIDGE OAK III INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RIDGE OAK III INC?
- The 990 for the year ended June 30, 2025 names BONNIE KELLY.
- Who are the officers and directors of RIDGE OAK III INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does RIDGE OAK III INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $331,830, expenses of $399,523 and total assets of $3,481,222 at year end.
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