GAINESVILLE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EAST RIDGE RETIREMENT VILLAGE INC, founded in 1961, is a mid-sized nonprofit in the Human Services sector that reported $32.4M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.
THE MISSION OF EAST RIDGE RETIREMENT VILLAGE, INC. IS TO PROVIDE AFFORDABLE HOUSING, MEALS, HEALTH CARE AND RELATED SERVICES TO SENIOR CITIZENS. THIS MISSION IS ACCOMPLISHED THROUGH VARIOUS MEANS: SERVICES ARE PROVIDED 24 HOURS A DAY, 7 DAYS A WEEK, 365 DAYS A YEAR TO APPROXIMATELY 342 SENIOR RESIDENTS. TO THE EXTENT OF ITS FINANCIAL ABILITY, EAST RIDGE RETIREMENT VILLAGE, INC. MAKES EVERY EFFORT TO CONTINUE PROVIDING SERVICES TO RESIDENTS WHO BECOME UNABLE TO PAY.
EAST RIDGE RETIREMENT VILLAGE PROVIDED SKILLED NURSING AND RELATED HEALTH CARE SERVICES, INCLUDING THERAPY FOR INDIVIDUALS WHO ARE UNABLE TO CARE FOR THEMSELVES. TOTAL RESIDENT DAYS SERVED IN 2023...
EAST RIDGE RETIREMENT VILLAGE PROVIDED SKILLED NURSING AND RELATED HEALTH CARE SERVICES, INCLUDING THERAPY FOR INDIVIDUALS WHO ARE UNABLE TO CARE FOR THEMSELVES. TOTAL RESIDENT DAYS SERVED IN 2023 WERE 56,428.
EAST RIDGE RETIREMENT VILLAGE PROVIDED CLEANING, LAUNDRY, MAINTENANCE, SECURITY AND UTILITIES TO SENIORS IN RESIDENTIAL UNITS. THE AVERAGE NUMBER OF UNITS SERVED IN 2023 PER DAY WERE 326.
EAST RIDGE RETIREMENT VILLAGE PROVIDED THREE MEALS DAILY TO SENIOR RESIDENTS AND TRAY SERVICE TO INDIVIDUALS LOCATED IN THE SKILLED NURSING CENTER OR THOSE UNABLE TO LEAVE THEIR APARTMENTS. TOTAL...
EAST RIDGE RETIREMENT VILLAGE PROVIDED THREE MEALS DAILY TO SENIOR RESIDENTS AND TRAY SERVICE TO INDIVIDUALS LOCATED IN THE SKILLED NURSING CENTER OR THOSE UNABLE TO LEAVE THEIR APARTMENTS. TOTAL MEALS SERVED IN 2023 WERE APPROXIMATELY 206,157.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $32,402,181 | $28,545,190 | +0.1% |
| Expenses | $35,503,333 | $34,161,055 | +0.0% |
| Net Income | $-3,101,152 | $-5,615,865 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAWRENCE G SCHREIBER | PRESIDENT & CEO | 1.00 |
Officer
Director
|
$0 | $30,000 | $6,103,583 |
| STEVEN ZIEGLER | PRESIDENT AND CLO | 1.00 |
Officer
|
$0 | $29,004 | $1,343,162 |
| GLENDA EVANS HOOD | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JACKSON NORMAN SASSER PHD | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENJAMIN IRVING DOERR JR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN R MADDRON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID STEWART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STUART WALKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $32,402,181 | $35,503,333 | $79,512,482 | $-3,101,152 |
| 2022 | $28,545,190 | $34,161,055 | $81,144,802 | $-5,615,865 |
| 2021 | $27,977,471 | $32,355,489 | $85,059,682 | $-4,378,018 |
| 2020 | $27,693,611 | $32,061,892 | $87,418,631 | $-4,368,281 |
| 2019 | $27,759,035 | $30,375,441 | $92,969,875 | $-2,616,406 |
| 2018 | $25,170,428 | $29,056,524 | $92,239,277 | $-3,886,096 |
Compare EAST RIDGE RETIREMENT VILLAGE INC with other nonprofits in Florida and across the country.