Residential Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310891264 ✦ New lexington, OH ✦ Designated as a 501(c)(3)

Overview

What is Residential Inc?

Residential Inc is a non-profit organization located at 226 S Main St, PO Box 101, New Lexington, OH 43764, dedicated to providing comprehensive care for mentally and developmentally disabled individuals. Their mission is to create a supportive group home environment, offering full-time assistance to these individuals. With a team of 64 employees, they strive to ensure the utmost comfort, safety, and well-being for those they serve, providing a home away from home. Their services extend beyond basic care, offering a holistic approach to improve the quality of life for the disabled individuals in their care.


Is Residential Inc legitimate?

Residential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,626,359

For more financial information, click here


What is the mission statement of Residential Inc?
Who is the CEO of Residential Inc?
What is the revenue of Residential Inc?
Who are the executives of Residential Inc and what are their salaries?
Where can I find the form 990 for Residential Inc?

Mission Statement of Residential Inc

Residential Inc, a nonprofit organization, is committed to providing comprehensive care for mentally and developmentally disabled individuals. Their mission is to offer round-the-clock support in a group home setting, ensuring the well-being and comfort of those who require special assistance. By offering full-time care, Residential Inc aims to create an environment where these individuals can thrive and lead fulfilling lives. In essence, Residential Inc is dedicated to making a significant difference in the lives of those who need it most.

Impact

This information is meant to be a general summary of Residential Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Residential Inc's impact lies in its dedication to providing full-time care for mentally and developmentally disabled individuals in a group home setting. By offering specialized care and support to this vulnerable population, Residential Inc plays a crucial role in enhancing the quality of life for those in need. Through their mission to provide continuous care and assistance, Residential Inc positively impacts the lives of mentally and developmentally disabled individuals in New Lexington, Ohio, promoting mental health and well-being within the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $2,349,383
  • Gross Receipts: $2,349,383

    • Assets and Liabilities:
  • Total Assets: $1,534,106
  • Total Liabilities: $191,261
  • Net Assets: $1,342,845
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM REVENUE

    Revenue

    $2,376,678

    OTHER INCOME / LOSS

    Revenue

    $-27,295

    Organization Details

    Founding Year

    1977

    Principal Officer

    Linda Stonebrook

    Main Address

    226 S MAIN ST PO BOX 101, NEW LEXINGTON, OH, 43764

    NTEE Category

    Code: F00 - Mental health

    If you are a representative of Residential Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.