Hadc Ridgeway
Hadc Ridgeway
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About this organization
Revenue
$4,109,150
Expenses
$4,081,348
Mission
Owns, manages, and operates low to moderate income housing.
About
HADC Ridgeway owns two assisted living facilities for elderly in New Ulm, Minnesota. The Ridgeway on 23rd facility consists of 48 assisted living units and 13 memory care assisted living units. The Ridgeway on German facility consists of 44 assisted living units and 11 memory care assisted living units. A portion of the units in the complexes are required to be occupied by low-income tenants.Ridgeway on German opened in the New Ulm community in November 1998. Over the course of years, Ridgeway has been able to pinpoint growing needs and trends in the area, hence the expansion into Ridgeway on 23rd. Determined to provide the premier assisted living communities in the area, Ridgeway on German and Ridgeway on 23rd emphasize independence and privacy, with a mission to grow with the senior population we serve both today and tomorrow.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Hadc ridgeway, through the acquisition, construction, rehabilitation, and operation of a variety of rental housing will strive to:continued on schedule o...”.
When referring to its responsibilities, they were outlined as: “Owns, manages, and operates low to moderate income housing.”.
- The state in which the non-profit is legally registered to operate is MN, as per legal records.
- The filing documents the non-profit's address in 2020 as 18336 Minnetonka Blvd Suite C, Deephaven, MN, 55391.
- According to the non-profit's form, they have 0 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $27,802.
- The organization has 3 independent voting members.
- The organization was formed in 1998.
- The organization pays $2,176,293 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.