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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Ridge Oak Management Inc.

Ridge Oak Management Inc.

Fiscal year ending 2025. Filed on November 5, 2025.

150 Manchester Drive
Basking Ridge, New Jersey 07920

Ridge Oak Management Inc. (EIN: 22-2177245) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Ridge Oak Management Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $158,228. The highest compensated employee at Ridge Oak Management Inc. is Bonnie Kelly with fiscal year 2025 compensation of $255,355.

Revenue, expenses, and employee compensation

Revenue

$342,077

Expenses

$314,168

Employee compensation

$271,844
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bonnie Kelly
Executive Director
$255,355
$193,692 No related comp$61,663
Michael Palanchi
Facilities Director
$150,343
$0 $105,683 $44,660
Corey Hovanec
Operations Director
$141,144
$0 $106,777 $34,367
Susan Cohn
Director of Administration and Housing
$128,120
$0 $116,116 $12,004
Patricia Goulden
Finance Director
$116,177
$0 $104,124 $12,053

Benchmark Employee Compensation

Non-Employee Board Members

Bob Tallaksen
Trustee
Bruce McArthur
Trustee
Deborah Knapp
Trustee
Denise Szabo
Trustee
Norman Graff
Treasurer
Pamela Bowman
Secretary
Susan Pape
Trustee
Tracie Malleo
Vice President
Vincent Baker
President

Contractors

Gladstone Design Inc.
Land Improvements
$110,582

Mission Statement

TO PROVIDE MANAGEMENT, DEVELOPMENT AND SUPERVISORY SERVICES TO BENEFICIARY PUBLIC CHARITIES THAT PROVIDE LOW INCOME HOUSING TO THE ELDERLY.

Revisions to this organization profile

November 5, 2025:
2025 Ridge Oak Management Inc. 990 filed
November 12, 2024:
2024 Ridge Oak Management Inc. 990 filed
November 7, 2023:
2023 Ridge Oak Management Inc. 990 filed

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