Ridgeview Institute Inc
- Assets
- $227.4k
- Revenue
- $523.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roswell, GA
- Founding
- 04/1995
- Data as of
- 08/2023
- EIN
- 58-2077522
Organization Overview
Ridgeview Institute Inc is located in Roswell, GA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgeview Institute 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 08/2023, Ridgeview Institute Inc generated $523.0 in total revenue. All expenses for the organization totaled $15.9k during the year ending 08/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CONTINUUM OF MENTAL HEALTH AND ADDICTION TREATMENT SERVICES TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF RIDGEVIEW INSTITUTE, INC. WAS TO PROVIDE MENTAL HEALTH AND ADDICTION TREATMENT SERVICES. EFFECTIVE JANUARY 5, 2017, RIDGEVIEW INSTITUTE, INC. EXECUTED AN ASSET PURCHASE AGREEMENT WITH US HEALTHVEST, LLC WHICH INCLUDED THE SALE OF CERTAIN ASSETS RELATED TO THE HOSPITAL BUSINESS, AS WELL AS ALL RIGHTS TO THE OPERATION OF THE HOSPITAL BUSINESS. THIS AGREEMENT REPRESENTED A DISCONTINUATION OF HOSPITAL OPERATIONS FOR RIDGEVIEW INSTITUTE, INC. HOWEVER, TWO MILLION OF THE PROCEEDS FROM THE SALE WAS HELD BACK IN AN ESCROW, WHICH HAS NOT BEEN ENTIRELY LIQUIDATED. RIDGEVIEW INSTITUTE, INC. CONTINUED TO RECEIVE PAYMENTS ON RECEIVABLES FROM PRIOR OPERATIONS AND MUST REMAIN IN EXISTENCE UNTIL THE ESCROW IS LIQUIDATED, IT SETTLES ITS LEGAL AFFAIRS, AND DISPOSES OF ITS REMAINING ASSETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Fink Chairman | OfficerTrustee | 15 | $0 |
John Ray Board Member | Trustee | 0 | $0 |
Robert J Taylor Board Member | Trustee | 0 | $0 |
Ted Smith Board Member | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Southern Food Service Food Services | 8/30/17 | $187,367 |
Amerisourcebergen Pharmacy | 8/30/17 | $133,958 |
Netsmart Technologies Inc Computer Services | 8/30/17 | $112,945 |
Troutman Sanders Llp Legal Services | 8/30/17 | $166,117 |
Arthur J Gallagher Rms Inc Consulting Services | 8/30/17 | $111,531 |
Southern Food Service Food Services | 8/30/17 | $187,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,610 |
| Fees for services: Accounting | $6,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,858 |
| All other expenses | $1 |
| Total functional expenses | $15,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $97,144 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,270 |
| Total assets | $227,414 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $227,414 |
| 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 | $227,414 |
Grants Awarded
Over the last fiscal year, Ridgeview Institute Inc has awarded $1,040,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CLUBHOUSE ATLANTA INC PURPOSE: COMING TOGETHER TO CREATE A NEW HOME IN GEORGIA FOR POSITIVE MENTAL HEALTH OUTCOMES | $40,000 |
THE GIFT OF HOPE FOUNDATION PURPOSE: PROVIDE HOPE FOR THOSE SUFFERING, PARTICULARLY SUFFERING FROM MENTAL ILLNESS OR ADDICTION | $1,000,000 |