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Nonprofiteer
← RESOURCE EXCHANGE INC

Form 990 for tax year 2024

Filed by RESOURCE EXCHANGE INC.

Totals

Total revenue
$45,353,173
Total expenses
$42,986,795
Contributions and grants received
$942,972
Grants paid
$0
Program service revenue
$44,612,586
Investment income
$370,350
Other revenue
-$572,735
Total assets, end of year
$24,603,310
Total liabilities, end of year
$8,979,806
Net assets or fund balances, end of year
$15,623,504
Program services expenses (Part IX)
$39,450,563
Management and general expenses
$3,536,232
Fundraising expenses
$0
Program service expenses (Part III)
$39,450,563

Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $11,189

  • 1e · Government grants (contributions)

    $274,244

  • 1f · All other contributions, gifts and grants

    $657,539

  • 2a · Program service revenue: MEDICAID PAYMENTS

    total $31,301,805 · related or exempt $31,301,805

  • 2b · Program service revenue: FEES FROM GOVERNMENTAL AGENCI

    total $12,107,712 · related or exempt $12,107,712

  • 2c · Program service revenue: OTHER

    total $1,203,069 · related or exempt $1,203,069

  • 3 · Investment income

    total $334,351 · excluded $334,351

  • 6a · Gross rents

    real property $978,621

  • 6b · Less rental expenses

    real property $1,551,356

  • 6c · Rental income or loss

    real property -$572,735

  • 6d · Net rental income or loss

    total -$572,735 · unrelated business -$572,735

  • 7a · Gross sales of assets other than inventory

    securities $333,528

  • 7b · Less cost or other basis and sales expenses

    securities $297,529

  • 7c · Gain or loss

    securities $35,999

  • 7d · Net gain or loss

    total $35,999 · excluded $35,999

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $405,650 · management and general $405,650

  • 7 · Other salaries and wages

    total $28,013,504 · program services $26,411,040 · management and general $1,602,464

  • 8 · Pension plan contributions

    total $330,068 · program services $324,684 · management and general $5,384

  • 9 · Other employee benefits

    total $2,354,758 · program services $2,026,228 · management and general $328,530

  • 10 · Payroll taxes

    total $2,406,172 · program services $2,250,750 · management and general $155,422

  • 11b · Fees: legal

    total $10,002 · management and general $10,002

  • 11c · Fees: accounting

    total $71,745 · management and general $71,745

  • 11d · Fees: lobbying

    total $29,000 · management and general $29,000

  • 11f · Fees: investment management

    total $44,340 · management and general $44,340

  • 11g · Fees: other

    total $5,799,553 · program services $5,589,659 · management and general $209,894

  • 13 · Office expenses

    total $1,506,731 · program services $1,433,537 · management and general $73,194

  • 16 · Occupancy

    total $285,273 · program services $242,469 · management and general $42,804

  • 17 · Travel

    total $323,194 · program services $317,243 · management and general $5,951

  • 19 · Conferences, conventions and meetings

    total $82,667 · program services $26,460 · management and general $56,207

  • 20 · Interest

    total $2,078 · program services $2,062 · management and general $16

  • 22 · Depreciation, depletion and amortization

    total $196,932 · program services $55,282 · management and general $141,650

  • 23 · Insurance

    total $121,814 · program services $97,735 · management and general $24,079

  • 24a · Other expenses: OTHER

    total $816,991 · program services $544,220 · management and general $272,771

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $186,323 · program services $129,194 · management and general $57,129

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $337,241 · end of year $532,012

  • 2 · Savings and temporary cash investments

    beginning of year $5,770,317 · end of year $5,866,232

  • 4 · Accounts receivable

    beginning of year $5,984,597 · end of year $5,124,346

  • 9 · Prepaid expenses and deferred charges

    beginning of year $242,206 · end of year $341,208

  • 10a · Land, buildings and equipment: cost or other basis

    $12,351,934

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,150,618

  • 10c · Land, buildings and equipment, net

    beginning of year $8,628,743 · end of year $8,201,316

  • 11 · Investments: publicly traded securities

    beginning of year $611,331 · end of year $3,902,338

  • 15 · Other assets

    beginning of year $550,961 · end of year $635,858

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,139,244 · end of year $3,572,959

  • 19 · Deferred revenue

    beginning of year $399,525

  • 23 · Secured mortgages and notes payable

    beginning of year $4,934,940 · end of year $4,761,295

  • 25 · Other liabilities

    beginning of year $550,961 · end of year $645,552

  • 27 · Net assets without donor restrictions

    beginning of year $13,047,406 · end of year $15,346,117

  • 28 · Net assets with donor restrictions

    beginning of year $53,320 · end of year $277,387

Mission and programs · 2024

Mission

ADVOCATING FOR INDEPENDENCE AND INCLUSION, THE RESOURCE EXCHANGE PARTNERS WITH CHILDREN AND ADULTS WHO HAVE A VARIETY OF DISABILITIES, DELAYS, MENTAL HEALTH OR LONG-TERM CARE NEEDS. WE DO THIS USING A PERSON-CENTERED APPROACH IN COORDINATING CARE, PROMOTING CHOICES, AND COLLABORATING WITH COMMUNITY PARTNERS.

  • SERVICE COORDINATION, OR CASE MANAGEMENT AS IT IS COMMONLY CALLED, IS AN INDIVIDUALLY CENTERED, FAMILY AND COMMUNITY-FOCUSED SERVICE IN WHICH PROGRAMS AND RESOURCES ARE COORDINATED TO ENHANCE PEOPLES LIVES AND BUILD INDEPENDENCE. SERVICE COORDINATORS NAVIGATE AN ARRAY OF SUPPORTS THAT ARE AVAILABLE FOR INDIVIDUALS, HOW TO BECOME ELIGIBLE, AND HOW TO REQUEST AND ACCESS SERVICES. THE GOAL OF SERVICE COORDINATION IS TO ASSURE THAT NECESSARY SERVICES ARE PROVIDED EFFECTIVELY AND EFFICIENTLY THROUGH ESTABLISHING MEANINGFUL RELATIONSHIPS WITH EACH INDIVIDUAL, THEIR FAMILY, AND THE COMMUNITY IN WHICH THEY LIVE, WORK, AND PLAY. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 10,481.

    Expenses $30,100,733 · Revenue $34,789,484

  • EARLY INTERVENTION (EI) PROVIDES DEVELOPMENTAL SUPPORTS AND SERVICES TO CHILDREN BIRTH TO 3 YEARS OF AGE WHO HAVE A SIGNIFICANT DEVELOPMENTAL DELAY AND THEIR FAMILIES. TRE PROVIDES SERVICES SUCH AS SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY, DEVELOPMENTAL INTERVENTION, VISION AND AUDIOLOGICAL SERVICES AND PSYCHOLOGICAL/SOCIAL EMOTIONAL SERVICES. SERVICES ARE PROVIDED AT NO COST TO FAMILIES. MORE THAN 30% OF CHILDREN RECEIVING SERVICES THROUGH THIS PROGRAM WILL GRADUATE AND NOT REQUIRE ADDITIONAL SPECIAL SUPPORTS FOR THE REST OF THEIR LIVES. EARLY CHILDHOOD SERVICES EXPANSION PROVIDES A VARIETY OF EARLY CHILDHOOD MENTAL HEALTH (ECMH) SUPPORTS AND SERVICES TO BUILD STRONG SOCIAL EMOTIONAL DEVELOPMENT IN YOUNG CHILDREN 0-8 YEARS OF AGE AND ENHANCE THE CAPACITY OF PARENTS AND OTHER CAREGIVERS TO EFFECTIVELY SUPPORT THEIR CHILDREN'S DEVELOPMENT. ECMH FOCUSES ON TIERED SUPPORTS TO ADDRESS PROMOTION OF SOCIAL EMOTIONAL DEVELOPMENT, PREVENTION OF RISK FACTORS FOR BEHAVIOR AND SOCIAL EMOTIONAL CHALLENGES, AND INTERVENTION FOR CHILDREN ALREADY EXPERIENCING CHALLENGES AND THEIR FAMILIES. EI AND ECMH SERVED MORE THAN 3,038 CHILDREN AND CAREGIVERS IN FY24.

    Expenses $8,618,967 · Revenue $9,120,002

  • COMPREHENSIVE SERVICES ARE DESIGNED FOR ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NEED MORE INTENSIVE SUPERVISION AND ASSISTANCE IN THEIR DAILY LIVES. PEOPLE IN THIS PROGRAM LIVE ON THEIR OWN, IN A HOST HOME WITH A FAMILY OR INDIVIDUAL WHO CARES FOR THE PERSON IN THEIR HOME, OR A GROUP HOME RUN BY A SERVICE AGENCY. COMPREHENSIVE SERVICES ARE DESIGNED TO HELP EACH PERSON ACHIEVE THE GOALS THEY SET FOR THEMSELVES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,771.

    Expenses $485,652 · Revenue $491,147

  • SUPPORTED LIVING SERVICES IS A PROGRAM FOR ADULTS WITH DEVELOPMENTAL DISABILITIES THAT ENABLE A PERSON TO REMAIN IN CONTROL OF HIS OR HER OWN LIVING ARRANGEMENTS AND BE INCLUDED IN THEIR COMMUNITY. THE PARTICIPANT CHOOESE WHERE THEY LIVE, WORK, AND PLAY, WHO SUPPORTS THEM AND WHAT TYPE OF SUPPORTS THEY NEED. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,437. EXPENSES: 156,498 REVENUE: 148,506 CHILDRENS EXTENSIVE SUPPORT INTENDED TO PROVIDE NEEDED SERVICES AND SUPPORTS TO ELIGIBLE CHILDREN UNDER THE AGE OF EIGHTEEN YEARS IN ORDER FOR THE CHILDREN TO REMAIN IN OR RETURN TO THE FAMILY HOME. SERVICES ARE TARGETED TO CHILDREN HAVING EXTENSIVE SUPPORT NEEDS, WHICH REQUIRE CONSTANT LINE-OF-SIGHT SUPERVISION DUE TO SIGNIFICANTLY CHALLENGING BEHAVIORS AND/OR COEXISTING MEDICAL CONDITIONS. AVAILABLE SERVICES INCLUDE PERSONAL ASSISTANCE, HOUSEHOLD MODIFICATION, SPECIALIZED MEDICAL EQUIPMENT AND SUPPLIES, PROFESSIONAL SERVICES AND COMMUNITY CONNECTION SERVICES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,515. EXPENSES: 88,713 REVENUE: 63,447

    Expenses $245,211 · Revenue $211,953

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Colleen Head Batchelor

    CEO

    Total calculated
    $203,976
    From this org
    $185,656
    From related orgs
    $0
    Other
    $18,320
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,656
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,959
    Nontaxable benefits
    $13,361
    Filer's total
    $203,976

  • Heather Whitworth

    CFO

    Total calculated
    $175,762
    From this org
    $164,088
    From related orgs
    $0
    Other
    $11,674
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,088
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,179
    Nontaxable benefits
    $7,495
    Filer's total
    $175,762

  • Cathy Eckert

    SUPERVISOR,

    Total calculated
    $110,721
    From this org
    $107,938
    From related orgs
    $0
    Other
    $2,783
    Hours/week
    40

  • Laura Thomas

    DIRECTOR, SE

    Total calculated
    $119,421
    From this org
    $109,864
    From related orgs
    $0
    Other
    $9,557
    Hours/week
    40

  • Nancy Vigil

    DIRECTOR, NA

    Total calculated
    $119,015
    From this org
    $117,455
    From related orgs
    $0
    Other
    $1,560
    Hours/week
    40

  • Lois Landgraf

    CHAIR

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Patrick Davis

    VICE CHAIR

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Jessie Martinez

    TREASURER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Laurie Huisingh

    SECRETARY

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Traci Marques

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Bernard Byers

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Sarah Brittain Jack

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Megan Billesbach

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Emerald Doyle

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Sharon Thompson

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Jennifer Thornton

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Heidi Brandon

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • George Mentz

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

  • Dave Paul

    BOARD MEMBER

    Total calculated
    $1,106
    From this org
    $0
    From related orgs
    $0
    Other
    $1,106
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 6385 CORPORATE DRIVE LLC

    REAL ESTAT · CO · income $978,655 · assets $8,194,099

    Directly controlled by THE RESOUR

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.0
Source object
202621319349306682

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