RING HOUSE CORPORATION

EIN: 521491121 501(c)(3) Housing & Shelter

ROCKVILLE, MD

Total Revenue
$8,835,929
Total Expenses
$8,660,700
Total Assets
$27,840,580
Net Assets
$15,970,481
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MD
Principal Officer
BRUCE J LEDERMAN
Phone
3017708438
Tax Period
2023-01-01 to 2023-12-31

RING HOUSE CORPORATION, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $8.8M in total revenue in fiscal year 2023.

Mission

The mission of Ring House Corporation is to provide to a broad spectrum of income levels across our community high quality independent residential living, that enriches residents' lives and reflects Jewish values.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,902
Program Service Revenue $8,113,458
Investment Income $558,221
Other Revenue $123,348
TOTAL REVENUE $8,835,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $837,757
Fundraising Expenses $0
Program Expenses $7,011,185
Other Expenses $7,822,943
TOTAL EXPENSES $8,660,700

Year-over-Year Comparison

2023 2022 Change
Revenue $8,835,929 $8,604,190 +0.0%
Expenses $8,660,700 $8,643,805 +0.0%
Net Income $175,229 $-39,615 -5.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
24
Volunteers
20

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
5
$1,318,648
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE J LEDERMAN President/CEO 3.00
Officer
$0 $73,759 $758,584
TERRI TANNER-HILL Exec VP Fin/CFO 3.00
Officer
$0 $53,110 $560,064
WARREN SLAVIN CEO EMERITUS/SR ADVISOR 3.00
$0 $8,678 $187,136
ANDREW STAPE Director 0.20
Director
$0 $0 $0
IAN JOSEPH Secretary 0.40
Officer Director
$0 $0 $0
RICHARD COHEN Director 0.20
Director
$0 $0 $0
SETH MEYERS Director 0.20
Director
$0 $0 $0
SAMANTHA MARKS GORDON Director 0.20
Director
$0 $0 $0
AARON RULNICK Director 0.20
Director
$0 $0 $0
BENJAMIN LEVY Director 0.20
Director
$0 $0 $0
TODD REINSTEIN Director 0.20
Director
$0 $0 $0
MATTHEW SCHWARTZ Vice Chair 0.40
Officer Director
$0 $0 $0
ISAAC REITBERGER Director 0.20
Director
$0 $0 $0
MITCHELL YENTIS Director 0.20
Director
$0 $0 $0
ALAN FREEMAN Director 0.20
Director
$0 $0 $0
MARK BECKER Chair 1.00
Officer Director
$0 $0 $0
DAVID KARP Director 0.20
Director
$0 $0 $0
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 $8,835,929 $8,660,700 $27,840,580 $175,229
2022 $8,604,190 $8,643,805 $28,283,893 $-39,615
2021 $8,739,893 $8,372,728 $29,695,325 $367,165
2020 $10,283,435 $8,582,744 $30,246,837 $1,700,691
2019 $11,412,593 $8,701,903 $30,626,566 $2,710,690
2018 $10,997,271 $8,390,443 $29,605,413 $2,606,828
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RING HOUSE CORPORATION with other nonprofits in Maryland and across the country.