Ohio Valley Residential Services Inc
- Assets
- $12.0m
- Revenue
- $10.5m
- Investments
- $1.8m
- Employees
- 296
- Location
- Cincinnati, OH
- Founding
- 05/1974
- Data as of
- 12/2023
- EIN
- 31-0834124
Organization Overview
Ohio Valley Residential Services Inc is located in Cincinnati, OH. The organization was established in 1974. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Ohio Valley Residential Services Inc employed 296 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Valley Residential Services 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 12/2023, Ohio Valley Residential Services Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $10.7m during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESIDENTIAL AND/OR ASSISTED LIVING AND SUPPORT SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE WHAT IS IMPORTANT TO THEM - AT HOME AND IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL AND HABITATION SERVICES FOR DEVELOPMENTALLY DISABLED ADULTS/CHILDREN (APPROXIMATELY 160 CLIENTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Van Lear President | Trustee | $0 | |
Jenny Watts Vice Preside | Trustee | $0 | |
Lee J Feinerer Treasurer | Trustee | $0 | |
Satinder Bharaj PHD Secretary | Trustee | $0 | |
Brad Winters Trustee | Trustee | $0 | |
Carey Kruer Trustee | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brock Restoration Inc Construction | 12/30/23 | $405,718 |
Total Homecare Solutions Llc Remote Monitori | 12/30/23 | $236,263 |
Monica Campbell Foster Care | 12/30/23 | $156,424 |
Rfdc Limited Construction | 12/30/23 | $123,787 |
Evelyn Nelson Foster Care | 12/30/23 | $122,690 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,616 |
| Total Program Service Revenue | $10,310,771 |
| Investment income | $135,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57,240 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,525,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,340 |
| Compensation of current officers, directors, key employees. | $287,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,297,194 |
| Pension plan accruals and contributions | $120,478 |
| Other employee benefits | $557,445 |
| Payroll taxes | $473,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,170 |
| Fees for services: Accounting | $33,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,146,679 |
| Advertising and promotion | $0 |
| Office expenses | $42,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $93,426 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,037 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $245,100 |
| Insurance | $74,676 |
| All other expenses | $400,101 |
| Total functional expenses | $10,737,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,267 |
| Savings and temporary cash investments | $912,525 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $840,787 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $101,422 |
| Net Land, buildings, and equipment | $3,796,409 |
| Investments—publicly traded securities | $4,537,233 |
| Investments—other securities | $1,812,736 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,002,379 |
| Accounts payable and accrued expenses | $715,030 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $191,953 |
| Total liabilities | $906,983 |
| Net assets without donor restrictions | $11,094,339 |
| Net assets with donor restrictions | $1,057 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,002,379 |