Ridge Oak II INC

Tax-deductible

Basking Ridge, NJ501(c)(3)HousingEIN 30-0407213

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

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $174K a year · 35% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$806K
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$569K
+3% vs prior year
Spent
$722K
To programs
83%
Net assets
$1.9M
By yearFY2021–FY2025
Revenue
$569K
FY2025▲ +3%
Revenue by fiscal year
FY2021$432K
FY2022$451K
FY2023$481K
FY2024$552K
FY2025$569K
Expenses
$722K
FY2025▲ +5%
Expenses by fiscal year
FY2021$634K
FY2022$634K
FY2023$676K
FY2024$688K
FY2025$722K
Net assets
$1.9M
FY2025▼ -7%
Net assets by fiscal year
FY2021$2.6M
FY2022$2.4M
FY2023$2.2M
FY2024$2.0M
FY2025$1.9M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $601K Management & general 17% · $121K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Ridge Oak II INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides housing for low-income seniors in Basking Ridge, NJ.

Provided by the organization

This section is blank until Ridge Oak II INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $601K of program spending, described in the organization's own filed words · FY2024.
01

Provision 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.

$601Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$569K
Ln 12
Fees for servicesLn 2g$553K
Investment incomeLn 3$17K
Money outPt IX
$722K
Ln 25
Programscol B$601K
Managementcol C$121K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$62K
Total assetsLn 16$2.7M
LiabilitiesLn 26$806K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$553K
Investment incomeLn 3$17K
Total revenueLn 12$569K
Assets in detailPt X, end of year
CashLn 1$62K
Cash and savings togetherLn 1–2$62K
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$352K
Total assetsLn 16$2.7M
LiabilitiesLn 26$806K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$23K$62K
Land, buildings, equipmentLn 10c$2.3M$2.2M
Total assetsLn 16$2.8M$2.7M
LiabilitiesLn 26$764K$806K
Net assetsLn 32$2.0M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$86K$30K$56K
Other employee benefitsLn 9$45K$45K
Payroll taxesLn 10$7K$7K
Management feesLn 11a$32K$32K
Accounting feesLn 11c$14K$14K
Advertising and promotionLn 12$5K$5K
Office expensesLn 13$7K$7K
OccupancyLn 16$54K$54K
Conferences, conventions and meetingsLn 19$500$500
Depreciation, depletion and amortizationLn 22$269K$269K
InsuranceLn 23$64K$64K
Other expenses (24a–d)Ln 24$130K$119K$12K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$722K$601K$121K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $569K$722K−$152K$1.9M 990 PDF
FY2024 $552K$688K−$136K$2.0M 990 PDF
FY2023 $481K$676K−$195K$2.2M 990 PDF
FY2022 $451K$634K−$183K$2.4M 990 PDF
FY2021 $432K$634K−$202K$2.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $569,376 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $552,792$552,792
VIII-3 Investment incomeExcluded from tax $16,584$16,584
VIII-12 Total revenueRelated to mission $552,792 · Unrelated business $0 · Excluded from tax $16,584$569,376
Part IX · Statement of functional expenses $721,700 across 13 lines filed
IX-7 Other salaries and wagesPrograms $29,736 · Management $56,028$85,764
IX-9 Other employee benefitsPrograms $45,260$45,260
IX-10 Payroll taxesPrograms $6,768$6,768
IX-11a Management feesManagement $31,680$31,680
IX-11c Accounting feesManagement $14,160$14,160
IX-12 Advertising and promotionPrograms $4,548$4,548
IX-13 Office expensesManagement $6,814$6,814
IX-16 OccupancyPrograms $54,344$54,344
IX-19 Conferences, conventions and meetingsManagement $500$500
IX-22 Depreciation, depletion and amortizationPrograms $268,532$268,532
IX-23 InsurancePrograms $63,585$63,585
IX-24 Other expenses (24a–d)Programs $118,505 · Management $11,815$130,320
IX-24e All other expensesPrograms $9,425$9,425
IX-25 Total functional expensesPrograms $600,703 · Management $120,997 · Fundraising $0$721,700
Part X · Balance sheet $2,695,921 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $22,589$62,431
X-4 Accounts receivableStart of year $5,496$6,811
X-9 Prepaid expenses and deferred chargesStart of year $60,832$72,704
X-10c Land, buildings and equipment, netStart of year $2,287,843$2,201,807
X-15 Other assetsStart of year $429,945$352,168
X-16 Total assetsStart of year $2,806,705$2,695,921
X-17 Accounts payable and accrued expensesStart of year $21,679$20,515
X-19 Deferred revenue$27,469
X-25 Other liabilitiesStart of year $722,244$737,431
X-26 Total liabilitiesStart of year $763,662$805,855
X-27 Net assets without donor restrictionsStart of year $2,043,043$1,890,066
X-32 Total net assets or fund balancesStart of year $2,043,043$1,890,066
X-33 Total liabilities and net assetsStart of year $2,806,705$2,695,921
Part XI · Reconciliation of net assets $1,890,066 net assets at year end
XI-1 Total revenue$569,376
XI-2 Total expenses$721,700
XI-3 Revenue less expenses−$152,324
XI-4 Net assets at start of year$2,043,043
XI-9 Other changes in net assets−$653
XI-10 Net assets at end of year$1,890,066

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.