Ridgeview Institute Inc.
Ridgeview Institute Inc.
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About this organization
Revenue
$27,446
Expenses
$2,796,242
Mission
To provide a continuum of mental health and addiction treatment services to the community.
About
The primary purpose of Ridgeview Institute, Inc. was to provide mental health and addiction treatment services. Effective January 5, 2017, Ridgeview Institute, Inc. executed an asset purchase agreement with US Healthvest, LLC which included the sale of certain assets related to the hospital business, as well as all rights to the operation of the hospital business. This agreement represented a discontinuation of hospital operations for Ridgeview Institute, Inc. However, two million of the proceeds from the sale was held back in an escrow, which has not been entirely liquidated. Ridgeview Institute, Inc. contintued to receive payments on receivables from prior operations and must remain in existence until the escrow is liquidated, it settles its legal affairs, and disposes of its remaining assets.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “Our mission is to provide a comprehensive continuum of mental health and addiction treatment services based upon a commitment to excellence and quality care to patients and families. we will continually strive to assess and improve our performance as a nonprofit healthcare provider.”.
When detailing its responsibilities, they were listed as: “To provide a continuum of mental health and addiction treatment services to the community.”.
- The state in which the non-profit is legally permitted to operate is GA.
- The address of the non-profit for 2020 according to the filing is PO BOX 769119, ROSWELL, GA, 30076.
- The number of employees reported by the non-profit on their form as of 2020 is 1.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$2,768,796.
- The organization has 3 independent voting members.
- The organization was formed in 1994.
- The organization pays $270,220 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.