Redmond Ridge Residential Owners

Organization Overview

Redmond Ridge Residential Owners is located in Redmond, WA. The organization was established in 2001. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redmond Ridge Residential Owners is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Redmond Ridge Residential Owners generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMMUNITY VALUES AND MAINTAIN THE INTEGRITY AND AESTHETICS OF REDMOND RIDGE THROUGH THE MAINTENANCE AND CARE OF THE COMMUNITY'S COMMON AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION PROVIDES FOR THE GENERAL MAINTENANCE AND CARE OF THE COMMON AREAS OF REDMOND RIDGE. THE ASSOCIATION ALSO HOSTS COMMUNITY EVENTS, PARTIES AND CLUBS FOR THE BENEFIT OF THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Hajicek
President
$0
Michael Del Vaglio
Treasurer
$0
Sumit Parkh
Secretary
$0
Sandy Cobb
Association
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Northwest Landscape Services
Landscape
$310,598
Rmi Resource Management Inc
On-site Mgmt.
$362,889
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $65,265
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$65,265
Total Program Service Revenue$1,406,867
Investment income $9,007
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $9,972
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 $1,503,480

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