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EIN 41-1897376

HADC Ridgeway

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wayzata
State
Minnesota
Year formed
1998
Most recent tax filings
2024-03-01
NTEE code, primary
L21: Public Housing Facilities
Description
HADC Ridgeway, through the acquisition, construction, rehabilitation, and operation of a variety of rental housing will strive to:-Aid low and moderate income households-Advance equal housing opportunity-Combat community deterioration and blight throu...
Also known as...
Brightandale
Total revenues
$5,596,912
2024
Total expenses
$2,953,912
2024
Total assets
$776,982
2024
Num. employees
0
2024

Program areas at HADC Ridgeway

HADC Ridgeway owned two assisted living facilities for elderly in New Ulm, Minnesota. The Ridgeway on 23rd facility consisted of 48 assisted living units and 13 memory care assisted living units. The Ridgeway on German facility consisted 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.During the year ended March 31, 2024 the facilities were sold to an unrelated third-party.

Personnel at HADC Ridgeway

NameTitleCompensation
Paul AbzugChief Executive Officer and President$0

Financials for HADC Ridgeway

RevenuesFYE 03/2024
Total grants, contributions, etc.$310
Program services$2,212,339
Investment income and dividends$26,449
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,357,814
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,596,912

Form 990s for HADC Ridgeway

Fiscal year endingDate received by IRSFormPDF link
2024-032025-02-11990View PDF
2023-032024-02-12990View PDF
2022-032023-02-09990View PDF
2021-032022-02-08990View PDF
2020-032021-04-12990View PDF
...and 10 more Form 990s
Data update history
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 24, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 17, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedTax deductible donationsNo full-time employees
General information
Address
18336 Minnetonka Blvd Suite C
Wayzata, MN 55391
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Phone
(952) 473-1103
IRS details
EIN
41-1897376
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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