Residential Alternatives Atlantic Inc
- Assets
- $156.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Egg Harbor Twp, NJ
- Founding
- 09/1984
- Data as of
- 06/2023
- EIN
- 22-2541281
Organization Overview
Residential Alternatives Atlantic Inc is located in Egg Harbor Twp, NJ. The organization was established in 1984. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residential Alternatives Atlantic Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Residential Alternatives Atlantic Inc generated $95.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $110.3k during the year ending 06/2023. While expenses have increased by 2.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HOUSING FOR DISABLED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Hennis Executive Director | 1 | $0 | |
Stan Kozlowski Chair | 1 | $0 | |
Darren Clinkscale Vice Chair | 1 | $0 | |
Pat Jones Secretary/treasurer | 1 | $0 | |
Jill Lemon Director | 1 | $0 | |
Lee Wasman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,889 |
| Total Program Service Revenue | $39,800 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,699 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,600 |
| Occupancy, rent, utilities, and maintenance | $102,626 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,107 |
| Total expenses | $110,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $156,679 |
| Total liabilities | $333,943 |
| Net assets or fund balances | -$177,264 |