RING HOUSE CORPORATION Charity Report

Public IRS 990 nonprofit record

RING HOUSE CORPORATION

EIN 52-1491121 · Senior Citizens Housing & Retirement Communities (L22)

What they do

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.At Ring House, 40% of The Apartments Are Set-aside to Be Internally Subsidized At or Below Market Rates for Low to Moderate Income Seniors Who Would Otherwise Not Be Able to Live In This Outstanding Community. At Ring House, Seniors In Need of A Supportive Environment Benefit From: Nourishing Breakfast and Evening Meals; Access to On-site Medical and Rehabilitation Services; A Supportive Environment That Fosters Independence, Including Extensive Cultural and Social Programs, Bus Transportation, 24-hour Security, Fitness Center, Internet Access; Jewish Values That Honor and Respect Our Elders, and Kosher Meals.Ring House is Part of Charles E. Smith Life Communities. Our Organizations Vision and Energy, Partnered With Community Involvement and Support, Have Enabled Us to Contin

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.45%of revenue went to mission work79.8% of expenses · Program services

$95.83spent for every $100 of revenueRevenue covered expenses this year.

19.38%of revenue went to management and office costs20.2% of expenses

$3.08in assets for every $1 spent this yearSome assets cannot be spent right away.

1.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $103,423 for BRET STINE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,234,650

Mission workProgram services$7,059,75176.45% of revenue79.8% of expenses

ManagementOffice and general costs$1,789,98919.38% of revenue20.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$384,9104.17% of revenueShown in gray on the chart

Total expenses$8,849,74095.83% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 95.83% of revenue

2023Expense mix: 81.0% mission · 19.0% management · 0.0% fundraisingTotal expenses: 98.02% of revenue

2022Expense mix: 83.0% mission · 17.0% management · 0.0% fundraisingTotal expenses: 100.46% of revenue

2021Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 95.80% of revenue

2020Expense mix: 83.8% mission · 16.2% management · 0.0% fundraisingTotal expenses: 83.46% of revenue

2019Expense mix: 83.8% mission · 16.2% management · 0.0% fundraisingTotal expenses: 76.25% of revenue

2018Expense mix: 82.3% mission · 17.7% management · 0.0% fundraisingTotal expenses: 76.30% of revenue

2017Expense mix: 81.6% mission · 18.4% management · 0.0% fundraisingTotal expenses: 77.96% of revenue

Money in and money out

Revenue$9,234,650

Expenses$8,849,740

Annual surplus $384,910 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,059,751 · 79.8% of expenses

Management and office costs$1,789,989 · 20.2% of expenses

See all reported dollar amounts

Revenue$9,234,650

Expenses$8,849,740

Assets$27,294,460

Income$9,234,650

Contributions$133,087

Mission work (program services)$7,059,751

Management and general$1,789,989

Stocks and bonds$12,491,073

Accounting fees$83,392

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BRET STINEEXECUTIVE DIRECTOR · 40 hrs/week $103,423Base $103,327 · Other $96

BRUCE J LEDERMANPRESIDENT/CEO · 3 hrs/week $78,661Base · Other $78,661

TERRI TANNER-HILLEXEC VP FIN/CFO · 3 hrs/week $59,607Base · Other $59,607

WARREN SLAVINCEO EMERITUS/SR ADVISOR · 3 hrs/week $8,563Base · Other $8,563

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

BRET STINEEXECUTIVE DIRECTOR

BRUCE J LEDERMANPRESIDENT/CEO

TERRI TANNER-HILLEXEC VP FIN/CFO

WARREN SLAVINCEO EMERITUS/SR ADVISOR

ALAN FREEMANDIRECTOR

BENJAMIN LEVYDIRECTOR

DAVID KARPDIRECTOR

IAN JOSEPHSECRETARY

ISAAC REITBERGERDIRECTOR

MARK BECKERCHAIR

MATTHEW SCHWARTZVICE CHAIR

MICHAEL HIRSCHDIRECTOR

MITCHELL YENTISDIRECTOR

RICHARD COHENDIRECTOR

SAMANTHA MARKS GORDONDIRECTOR

SETH MEYERSDIRECTOR

About this charity

Recognized since: January 1987
Location: 6121 MONTROSE ROAD, ROCKVILLE, MD 20852
County: Montgomery
In care of: Terri Tanner-Hill
Primary officer: Terri Tanner-Hill, Exec VP Finance/CFO

How to reach them

WebsiteVisit the charity’s website Phone(301) 770-8438

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SCHIAVI WALLACE & ROWE PC
NTEE classification: Senior Citizens Housing & Retirement Communities (L22)
IRS tax category: Senior Citizens Housing & Retirement Communities