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Residential Alternatives Inc

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

EIN: 382601696 ✦ Highland, MI ✦ Designated as a 501(c)(3)

Overview

What is Residential Alternatives Inc?

Residential Alternatives Inc, situated in Highland, Michigan, is a nonprofit organization dedicated to supporting developmentally disabled adults. Operating out of four licensed adult foster care homes, they provide education and rehabilitative training to help these individuals enhance their skills and live more independently. With a team of 55 dedicated professionals, their mission is to empower these adults and improve their quality of life. They offer a comprehensive approach, focusing on their cognitive, social, and vocational development.


Is Residential Alternatives Inc legitimate?

Residential Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Alternatives 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: $119,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Residential Alternatives Inc

Residential Alternatives Inc, a nonprofit organization, is committed to providing educational and rehabilitative training to adults who have developmental disabilities. This is achieved through the operation of four licensed adult foster care homes. The mission of Residential Alternatives Inc is to foster an environment that empowers these individuals, helping them to reach their full potential and lead fulfilling lives. By offering tailored education and rehabilitative programs, the organization aims to equip these adults with the necessary skills to navigate their daily lives with confidence and independence. This approach allows them to contribute positively to their communities and lead meaningful lives.

Impact

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




Saturday, July 20, 2024

Residential Alternatives Inc's impact is significant in providing educational and rehabilitative training to developmentally disabled adults in four licensed adult foster care homes in Highland, MI. This organization plays a crucial role in offering home care for the developmentally disabled, specifically focusing on education and training to enhance the lives of this vulnerable population. Through their mission of providing these essential services, Residential Alternatives Inc positively impacts the lives of developmentally disabled adults and promotes their well-being and independence.





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: $20
  • Program Service Revenue: $2,112,032
  • Gross Receipts: $2,112,052

    • Assets and Liabilities:
  • Total Assets: $1,028,003
  • Total Liabilities: $79,470
  • Net Assets: $948,533
  • Programs

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

    FEES CONTRACTS FROM GOVT AGENCIES

    Revenue

    $2,112,032

    Organization Details

    Founding Year

    1980

    Principal Officer

    Renee Ostrom

    Main Address

    PO BOX 709, HIGHLAND, MI, 48357

    NTEE Category

    Code: P73Z - Human services

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