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Residential Options Inc

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

EIN: 371242862 ✦ Alton, IL ✦ Designated as a 501(c)(3)

Overview

What is Residential Options Inc?

Residential Options Inc is a nonprofit organization situated in Alton, Illinois, with a workforce of 360 dedicated individuals. Their primary mission is to offer residential housing for individuals who are developmentally disabled and handicapped. They operate two programs: Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD). Through these programs, they provide support that enables their residents to live, work, and engage in the community. Notably, certain CILA residents can participate in the medical rehabilitation option, which covers specific rehabilitation services. Overall, Residential Options Inc aims to empower and integrate individuals with special needs into the community, enhancing their quality of life.


Is Residential Options Inc legitimate?

Residential Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Options 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: $6,165,242

For more financial information, click here


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

Mission Statement of Residential Options Inc

Residential Options Inc, as its mission statement suggests, is dedicated to providing residential housing for individuals who are developmentally disabled and handicapped. This organization's primary goal is to create living environments that allow these individuals to live independently, engage in community activities, and work if they choose to. The organization operates under two main programs: Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD).

In the CILA program, residents are offered support services that aid them in living a fulfilling life within their community. Certain CILA residents also have access to the medical rehabilitation option, which provides funding for specific rehabilitation services. This option is particularly beneficial for individuals who require additional medical attention to improve their quality of life.

Residential Options Inc's mission is a crucial step towards ensuring that individuals with developmental disabilities and handicaps have the same opportunities as their able-bodied counterparts. By providing residential housing, the organization supports their residents in leading independent lives and participating in community activities, thus fostering a sense of inclusion and equality.

Impact

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




Thursday, August 15, 2024

Residential Options Inc positively impacts the lives of individuals with developmental disabilities and handicaps by providing them with essential residential housing and support services. Through programs like Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD), residents are given the opportunity to live independently, work, and actively participate in their communities. Certain residents also benefit from specialized rehabilitation services, enriching their quality of life and promoting inclusion. Residential Options Inc's dedication to providing housing and support to those in need contributes significantly to the well-being and empowerment of individuals with developmental disabilities and handicaps in Alton, IL.





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: $176,404
  • Program Service Revenue: $10,307,924
  • Gross Receipts: $13,092,918

    • Assets and Liabilities:
  • Total Assets: $11,785,898
  • Total Liabilities: $905,811
  • Net Assets: $10,880,087
  • Programs

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

    FEES & PURCHASES FOR SERV

    Revenue

    $8,828,658

    SS/VA/RR/FS

    Revenue

    $1,375,850

    NURSE'S AID TRAINING

    Revenue

    $103,416

    Organization Details

    Founding Year

    1989

    Principal Officer

    Reid Mcdowell

    Main Address

    4 EMMIE KAUS LANE, ALTON, IL, 62002

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Residential Options 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.