Lake Ridge CARE Center of Buffalo
Lake Ridge CARE Center of Buffalo reported $11.0 million in revenue and $9.9 million in expenses for calendar year 2024. Of every $100 it spent, $85.97 went to program services, $14.03 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.7% of the total. The highest compensation it reported for one person was $822,196 (PRESIDENT/CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 45% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.9MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.7% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.7% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.7% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $822,196 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.27% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 3 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.3 | 10.0 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseLake Ridge Care Center of Buffalo, inc. Was organized for the purpose of providing nursing home care for the elderly. It is located in buffalo, mn and had 56 beds. Of the 56 beds, 5 units are dedicated to providing end-of-life care
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 0.92 hrs/week | $0 | $684,664 | $137,532 | $822,196 |
| CHIEF FINANCIAL OFFICER Officer, 0.92 hrs/week | $0 | $487,791 | $96,215 | $584,006 |
| CHIEF OPERATING OFFICER Officer, 0.92 hrs/week | $0 | $383,964 | $103,563 | $487,527 |
| CHIEF STRATEGIC OFFICER Officer, 0.92 hrs/week | $0 | $332,589 | $105,002 | $437,591 |
| CHIEF HUMAN RESOURCE OFFICER Officer, 0.92 hrs/week | $0 | $280,679 | $83,403 | $364,082 |
| CHIEF CLINICAL AND COMPLIANCE OFFICER Officer, 0.92 hrs/week | $0 | $278,093 | $62,508 | $340,601 |
| ADMINISTRATOR Highest compensated employee, 40 hrs/week | $129,191 | $0 | $28,336 | $157,527 |
| REGISTERED NURSE Highest compensated employee, 40.95 hrs/week | $109,096 | $0 | $624 | $109,720 |
3 people received more than $100,000 in reportable compensation from Lake Ridge CARE Center of Buffalo (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5238
- Volunteers Part I, line 611
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Lake Ridge CARE Center of Buffalo's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lake Ridge CARE Center of Buffalo, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lake Ridge CARE Center of Buffalo spent in 2024, $85.97 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Lake Ridge CARE Center of Buffalo's spending goes to programs?
In calendar year 2024, Lake Ridge CARE Center of Buffalo reported that 86.0% of its $9.9 million in expenses went to program services, 14.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lake Ridge CARE Center of Buffalo pay its top executive?
The largest total compensation Lake Ridge CARE Center of Buffalo reported for one person in calendar year 2024 was $822,196, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lake Ridge CARE Center of Buffalo get its money?
Of $11.0 million in revenue in calendar year 2024, 4.7% came from contributions and grants (including 4.7% from government grants) and 94.7% from program service revenue (Form 990, Part VIII).
Is Lake Ridge CARE Center of Buffalo a registered charity?
The IRS lists EIN 20-0507069 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503169349307140 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202422899349301102 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343149349301114 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223149349305557 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103069349300135 · read the filing
All filings for EIN 20-0507069: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.