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Filing year 2024

RIDGECREST FOUNDATION INC

Davenport, Iowa·EIN 39-1889281·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$383k
Total assets
$3.3M
Total expenses
$75k
Reported officers
13
Mission

THE MISSION OF THE RIDGECREST FOUNDATION IS TO GENERATE RESOURCES TO SUPPORT AND ENRICH THE QUALITY OF LIFE FOR THE PRESENT AND FUTURE RESIDENTS AT RIDGECREST VILLAGE, ENCOURAGE A CULTURE OF CARING, AND PROMOTE THE CONCEPT OF PHILANTHROPY IN OUR COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa.

CEO
10th to 25th percentile
$46k
$49k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIDGECREST FOUNDATION INC equaled 60% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
60%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 83%
from 2023

From $266k in 2023 to $46k in 2024.

$266k
2023
$46k
2024
In today's dollarsEst.
Down 83% in real terms$294k to $49k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 83% from 2023 to 2024, while revenue fell 11%.

$266k in 2023 to $46k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RIDGECREST FOUNDATION INC

What does the Chief Executive Officer of RIDGECREST FOUNDATION INC earn?

In 2024, the Chief Executive Officer of RIDGECREST FOUNDATION INC received $45,574 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Iowa, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RIDGECREST FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa, the 2024 pay of the Chief Executive Officer at RIDGECREST FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at RIDGECREST FOUNDATION INC equaled 60% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are RIDGECREST FOUNDATION INC's revenue and expenses?

In 2024, RIDGECREST FOUNDATION INC reported $383k in total revenue and $75k in total expenses on its IRS Form 990.

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