Riderwood Village Inc
Riderwood Village Inc is a 501(c)(3) nonprofit organization dedicated to providing comprehensive services for senior residents. It is categorized under Human Services, specifically within the domain of Senior Continuing Care Communities.
Mission and Services
The mission of Riderwood Village Inc focuses on creating a home environment that fulfills seniors' needs for belonging, peace of mind, love, and acceptance. To achieve this, the organization offers a range of living options, including independent living, assisted living, skilled nursing, and memory care. In addition to providing basic needs such as housing, meals, medical care, and maintenance, Riderwood Village fosters a sense of community through various recreational and pastoral activities.
Governance and Management
Riderwood Village Inc is managed by Erickson Senior Living, a national network known for its leadership in senior living and healthcare. The community is supported by National Senior Communities, Inc., which represents the financial interests of residents to ensure the delivery of high-quality programs and services.
Financial Overview
As a nonprofit organization, Riderwood Village Inc is transparent in its financial operations, submitting the requisite Form 990 to the Internal Revenue Service. Its revenue is primarily generated from program services, with a significant portion dedicated to staff salaries and operational expenses. Donations to this organization are tax-deductible.
Impact and Operations
Riderwood Village significantly enhances the quality of life for seniors by providing a supportive and inclusive environment. The community comprises over 1,700 independent living units, 200 assisted living units, 90 skilled nursing units, and nearly 35 memory care units. Its commitment to diversity, equity, inclusion, and belonging reflects in its core values and operational practices.
Riderwood Village Inc maintains a strong financial foundation and adheres to high standards of governance, ensuring accountability and transparency in its operations. The organization has received a three-star rating from Charity Navigator, indicating its commitment to financial transparency and effective governance. However, potential donors or volunteers may wish to evaluate other operational aspects beyond financial management.
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1998
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SILVER SPRING
National Senior Communities, Inc. – NSC is the sponsoring organization to the largest portfolio of not for profit continuing care retirement communities (CCRCs) in the United States, all managed by Erickson Senior Living.
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SILVER SPRING
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