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Nonprofiteer
← RESIDENTIAL OPTIONS INC

Form 990 for tax year 2023

Filed by RESIDENTIAL OPTIONS INC.

Totals

Total revenue
$13,748,786
Total expenses
$12,114,352
Contributions and grants received
$444,072
Grants paid
$0
Program service revenue
$13,017,101
Investment income
$287,613
Other revenue
$0
Total assets, end of year
$15,231,331
Total liabilities, end of year
$1,199,432
Net assets or fund balances, end of year
$14,031,899
Program services expenses (Part IX)
$10,008,443
Management and general expenses
$2,105,909
Fundraising expenses
$0
Program service expenses (Part III)
$10,008,443

Program services were 82.6% 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.

  • 1e · Government grants (contributions)

    $437,661

  • 1f · All other contributions, gifts and grants

    $6,411

  • 2a · Program service revenue: FEES & PURCHASES FOR SERV

    total $11,499,188 · related or exempt $11,499,188

  • 2b · Program service revenue: SS/VA/RR/FS

    total $1,516,268 · related or exempt $1,516,268

  • 2c · Program service revenue: NURSE'S AID TRAINING

    total $1,645 · related or exempt $1,645

  • 3 · Investment income

    total $385,843 · excluded $385,843

  • 7a · Gross sales of assets other than inventory

    other assets $2,247

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

    other assets $100,477

  • 7c · Gain or loss

    other assets -$98,230

  • 7d · Net gain or loss

    total -$98,230 · excluded -$98,230

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $7,146,864 · program services $6,215,488 · management and general $931,376

  • 8 · Pension plan contributions

    total $55,205 · program services $37,526 · management and general $17,679

  • 9 · Other employee benefits

    total $714,252 · program services $625,499 · management and general $88,753

  • 10 · Payroll taxes

    total $504,067 · program services $436,649 · management and general $67,418

  • 11a · Fees: management

    total $550,000 · management and general $550,000

  • 11b · Fees: legal

    total $24,645 · management and general $24,645

  • 11c · Fees: accounting

    total $20,606 · management and general $20,606

  • 12 · Advertising and promotion

    total $434 · management and general $434

  • 16 · Occupancy

    total $572,594 · program services $549,625 · management and general $22,969

  • 17 · Travel

    total $117,200 · program services $98,995 · management and general $18,205

  • 19 · Conferences, conventions and meetings

    total $2,871 · program services $1,099 · management and general $1,772

  • 22 · Depreciation, depletion and amortization

    total $279,495 · program services $262,513 · management and general $16,982

  • 24a · Other expenses: CONSULTANTS & CONTRACTU

    total $1,020,726 · program services $811,792 · management and general $208,934

  • 24b · Other expenses: LEASE AND RENT

    total $469,884 · program services $453,636 · management and general $16,248

  • 24c · Other expenses: CONSUMABLE SUPPLIES

    total $349,459 · program services $335,626 · management and general $13,833

  • 24d · Other expenses: ASSESSMENT FEES

    total $144,393 · program services $144,393

  • 24e · All other expenses

    total $141,657 · program services $35,602 · management and general $106,055

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,324 · end of year $12,855

  • 2 · Savings and temporary cash investments

    beginning of year $7,218,138 · end of year $8,677,828

  • 4 · Accounts receivable

    beginning of year $1,272,638 · end of year $1,403,049

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,554 · end of year $9,601

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

    $3,871,703

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

    $2,095,398

  • 10c · Land, buildings and equipment, net

    beginning of year $1,610,772 · end of year $1,776,305

  • 11 · Investments: publicly traded securities

    beginning of year $2,570,094 · end of year $2,802,129

  • 14 · Intangible assets

    beginning of year $454,917 · end of year $382,130

  • 15 · Other assets

    beginning of year $212,569 · end of year $167,434

  • 17 · Accounts payable and accrued expenses

    beginning of year $924,924 · end of year $1,002,275

  • 19 · Deferred revenue

    end of year $32,123

  • 25 · Other liabilities

    beginning of year $210,169 · end of year $165,034

  • 27 · Net assets without donor restrictions

    beginning of year $12,232,913 · end of year $14,031,899

Mission and programs · 2023

Mission

PROVIDING RESIDENTIAL HOUSING TO THE DEVELOPMENTALLY DISABLED AND HANDICAPPED.

  • THE ORGANIZATION PROVIDES SERVICES IN TWO PROGRAMS, COMMUNITY INTEGRATED LIVING ARRANGEMENT (CILA) AND INTERMEDIATE CARE FACILITY FOR THE DEVELOPMENTALLY DISABLED (ICFDD). RESIDENTS IN BOTH PROGRAMS ARE PROVIDED WITH SUPPORT, WHICH ASSISTS THEM TO LIVE, WORK, AND PARTICIPATE IN THE COMMUNITY. CERTAIN CILA RESIDENTS PARTICIPATE IN THE MEDICAL REHABILITATION OPTION, WHICH PROVIDES FOR FUNDING OF SPECIFIC REHABILITATION SERVICES.

    Expenses $10,008,443

As filed on the 2023 return.

Listed in Part VII

  • Rose Gibson

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Reid McDowell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Geri Lynn Arrindell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Concannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Cooke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tom Morrissey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bret Berigan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Yancho Gerdjikov

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erica Orrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joni Lombardo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bruce Malone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Kasten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Diane Tebbe

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $127,869
    From this org
    $0
    From related orgs
    $117,215
    Other
    $10,654
    Hours/week
    40

  • Charlotte Hammond

    EXECUTIVE DIRECTOR

    Total calculated
    $313,837
    From this org
    $0
    From related orgs
    $291,283
    Other
    $22,554
    Hours/week
    1 + 15 related

    Schedule J breakdown matched by us

    Base
    $0 + $291,283 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,554 related
    Filer's total
    $0 + $313,837 related

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 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 January 2025
IRS schema version
2023v6.0
Source object
202520159349300652

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