RIDGE HEALTH SERVICES INC

EIN: 273348917 501(c)(3) Health Care

SCHENECTADY, NY

Total Revenue
$413,452
Total Expenses
$716,595
Total Assets
$49,434
Net Assets
$-2,215,592
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
JENNIFER SAUNDERS
Phone
5183721160
Tax Period
2023-01-01 to 2023-12-31

RIDGE HEALTH SERVICES INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $413K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $717K exceeded revenue, resulting in a 73% operating deficit.

Mission

IN KEEPING WITH THE MISSION OF SCHENECTADY ARC, IT IS THE MISSION OF RIDGE HEALTH SERVICES, INC. TO BE COMMITTED TO HELPING PEOPLE IN THE CAPITAL REGION ENJOY HEALTHY, REWARDING LIVES AS MEMBERS OF THEIR COMMUNITY. SCHENECTADY ARC BRINGS STAFF, FAMILIES AND THE COMMUNITY TOGETHER TO ENCOURAGE DREAMS AND RESPOND TO EACH PERSON'S LIFE CHOICES. RIDGE HEALTH SERVICES, INC. ASSISTS IN THIS EFFORT BY OFFERING HIGH QUALITY PRIMARY MEDICAL, PSYCHIATRIC, AND PODIATRY SERVICES, RESOURCES AND SUPPORTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $410,914
Investment Income $0
Other Revenue $2,538
TOTAL REVENUE $413,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,337
Fundraising Expenses $0
Program Expenses $610,841
Other Expenses $288,258
TOTAL EXPENSES $716,595

Year-over-Year Comparison

2023 2022 Change
Revenue $413,452 $508,705 -0.2%
Expenses $716,595 $713,347 +0.0%
Net Income $-303,143 $-204,642 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$299,032
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELO DEFELIPPO PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN WHITE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM CHURCHMAN TREASURER 1.00
Officer Director
$0 $0 $0
JOHN BRESONIS SECRETARY 1.00
Officer Director
$0 $0 $0
KAREN BONA DIRECTOR 1.00
Director
$0 $0 $0
NOREEN ZIDO DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA ROSS DIRECTOR 1.00
Director
$0 $0 $0
KIRK LEWIS EXECUTIVE DIRECTOR 1.00
Officer
$0 $12,621 $172,821
NADINE WALSH CHIEF FINANICAL OFFICER 1.00
Officer
$0 $17,412 $126,211
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $413,452 $716,595 $49,434 $-303,143
2022 $508,705 $713,347 $128,101 $-204,642
2021 $524,255 $639,459 $84,532 $-115,204
2020 $429,776 $675,739 $61,754 $-245,963
2019 $628,552 $717,067 $171,968 $-88,515
2018 $541,375 $697,979 $110,791 $-156,604
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