Sanatoga Ridge Community Inc
- Assets
- $12.6m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Pottstown, PA
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 23-2506257
Organization Overview
Sanatoga Ridge Community Inc is located in Pottstown, PA. The organization was established in 1990. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Sanatoga Ridge Community Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanatoga Ridge Community Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sanatoga Ridge Community Inc generated $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP, OPERATE AND PROVIDE A MODERATE INCOME RETIREMENT COMMUNITY IN THE POTTSTOWN, PENNSYLVANIA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF MODERATE INCOME RETIREMENT COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Bleakley Executive Director | Officer | 40 | $79,667 |
Jeffrey Melchior Treasurer | Officer | 5 | $0 |
Edward Savitsky President | Officer | 5 | $0 |
Joseph Vecchio Secretary | Officer | 5 | $0 |
Ted Knepp Vice President | Officer | 5 | $0 |
Linda Detwiler Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Penn Outdoor Services Llc Landscaping | 12/30/21 | $153,142 |
Douglas Filter Professional Services | 12/30/21 | $121,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $405,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $405,650 |
| Total Program Service Revenue | $3,805,145 |
| Investment income | $57,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,166 |
| Net Gain/Loss on Asset Sales | $1,159 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,315,830 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,667 |
| Compensation of current officers, directors, key employees. | $79,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,827 |
| Payroll taxes | $54,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $124,041 |
| Fees for services: Accounting | $52,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,377 |
| Advertising and promotion | $30,112 |
| Office expenses | $26,156 |
| Information technology | $23,808 |
| Royalties | $0 |
| Occupancy | $683,575 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $236,193 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $855,098 |
| Insurance | $90,548 |
| All other expenses | $0 |
| Total functional expenses | $4,700,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,159 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,537 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,233,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $104,673 |
| Other assets | $1,934,292 |
| Total assets | $12,584,728 |
| Accounts payable and accrued expenses | $1,138,112 |
| Grants payable | $0 |
| Deferred revenue | $154,233 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $78,382 |
| Secured mortgages and notes payable | $2,162,426 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $29,384,515 |
| Total liabilities | $32,917,668 |
| Net assets without donor restrictions | -$20,332,940 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,584,728 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Economic Opportunity Council Of Suffolk Inc Patchogue, NY | $6,210,341 | $18,971,000 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Integrated Community Alternatives Network Inc Utica, NY | $14,279,832 | $19,265,883 |
Northern Manhattan Improvement Corp New York, NY | $8,451,430 | $18,004,122 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
Pennreach Allentown, NJ | $5,187,786 | $15,924,501 |
Chautauqua Opportunities Inc Dunkirk, NY | $6,065,142 | $15,802,051 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Commission On Economic Opportunity For The Rensselaer County Area Inc Troy, NY | $18,234,515 | $14,616,169 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Phipps Neighborhoods Inc New York, NY | $46,342,034 | $30,198,997 |