FORM 990 - ORGANIZATION'S MISSION |
RIDGELY SENIOR CARE CORPORATION (RSCC)IS A SUCCESSOR TO THE TEMPLE FOUNDATION INC (TEMPLE) A PUBLIC CHARITY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3). TEMPLE FORMERLY OPERATED A SENIOR LIVING FACILITY AND CONTINUING CARE RETIREMENT COMMUNITY IN FAIRFAX COUNTY, VA. THE FACILITY WAS OPERATED PURSUANT TO A LEASE AGREEMENT THAT EXPIRED IN APRIL 2019, WHEN THE LESSOR SOLD THE PROPERTY. SINCE THE LEASES INCEPTION IN 1980, TEMPLE ACCRUED RESERVES THAT WERE INTENDED FOR THE RENOVATION OF THE FACILITY AND IN ANTICIPATION OF ACQUIRING THE PROPERTY AT THE END OF THE LEASE TERM. WHEN THE EFFORT TO ACQUIRE THE PROPERTY PROVED UNSUCCESSFUL, THE TEMPLE BOARD DETERMINED THAT THE RESERVES SHOULD BE DONATED TO OTHER CHARITABLE ORGANIZATIONS PROVIDING COMMUNITY SERVICES TO ENHANCE THE LIVES OF OLDER ADULTS. RSCC WAS ESTABLISHED TO DISTRIBUTE THESE ASSETS TO OTHER 501(C)(3) CHARITABLE ORGANIZATIONS THAT ARE ACTIVE IN PROVIDING COMMUNITY SERVICES THAT SUPPORT AND ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS AND THE COMMUNITY AT LARGE TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES FOR WHICH IT WAS ORGANIZED. |
FORM 990, PAGE 1, PART I, LINE 6 |
VOLUNTEERS SERVE AS MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS OF THE CORPORATION. |
FORM 990, PAGE 5, PART V, LINE 3B |
NOT LIABLE-NO UNRELATED ACTIVITIES WERE ENGAGED IN DURING THE CURRENT YEAR. |
FORM 990, PAGE 6, PART VI, LINE 11B |
A COPY OF THE FORM 990 IS PROVIDED TO ALL OFFICERS AND DIRECTORS PRIOR TO FILING WITH INSTRUCTIONS TO CONTACT THE PREPARER WITH ANY QUESTIONS, REQUIRING RESOLUTION PRIOR TO FILING OF THE RETURN, COMMENTS OR INFORMATION THAT THEY FEEL REQUIRES INCORPORATION INTO THE RETURN. THE PREPARER REVIEWS ALL SUCH DATA RESOLVES AND QUESTIONS AND DETERMINES WHETHER ADDITIONAL DATA IS INCORPORATED INTO THE RETURN. THE RETURN IS THEN RECIRCULATED. |
FORM 990, PAGE 6, PART VI, LINE 12C |
ANNUALLY ALL DIRECTORS ARE ASKED TO REVIEW THE ORGANIZATION'S CONFLICTS OF INTEREST POLICIES AND ACKNOWLEDGE IF THERE ARE ANY CONFLICTS. IF ANY EXIST, APPROPRIATE ACTION IS TAKEN TO ELIMINATE THE CONFLICT. ANY DIRECTOR WITH A CONFLICT WILL BE BARRED FROM VOTING ON ANY POLICY, ACTION OR PROCEDURE WHERE A CONFLICT EXISTS. |
FORM 990, PAGE 6, PART VI, LINE 15A |
THE CORPORATION MAY PAY COMPENSATION IN REASONABLE AMOUNTS TO OFFICERS FOR SERVICES RENDERED, SUCH AMOUNTS WILL BE FIXED BY A VOTE OF A MAJORITY OF THE BOARD OF DIRECTORS BASED ON COMPETETIVE PAY SCHEDULES FOR POSITIONS REQUIRING LIKE SKILLS. CURRENTLY THERE IS NO INTENTION TO PAY OFFICERS FOR SERVICES RENDERED. THE DIRECTORS OF THE CORPORATION WILL NOT BE COMPENSATED FOR THEIR SERVICE ON THE BOARD OF DIRECTORS BUT, WITH THE APPROVAL OF THE MAJORITY OF THE BOARD, THE DIRECTORS MAY BE REIMBURSED FOR EXPENSES INCURRED IN TRAVELING TO AND FROM MEETINGS ATTENDED. TO DATE NO REIMBURSMENTS ARE CONTEMPLATED. |
FORM 990, PAGE 6, PART VI, LINE 15B |
THE CORPORATION MAY PAY COMPENSATION IN REASONABLE AMOUNTS TO OFFICERS FOR SERVICES RENDERED, SUCH AMOUNTS ARE FIXED BY A VOTE OF A MAJORITY OF THE BOARD OF DIRECTORS BASED ON COMPETETIVE PAY SCALES FOR LIKE SERVICES. |
FORM 990, PAGE 6, PART VI, LINE 19 |
AVAILABLE UPON REQUEST. |