R T Industries Inc
- Assets
- $4.2m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 150
- Location
- Troy, OH
- Founding
- 12/1974
- Data as of
- 12/2022
- EIN
- 31-0855035
Organization Overview
R T Industries Inc is located in Troy, OH. The organization was established in 1974. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, R T Industries Inc employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R T Industries 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 12/2022, R T Industries Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 3.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PEOPLE ACHIEVE PERSONAL SUCCESS BY DEVELOPING SKILLS TO CONFIDENTLY WORK, INTERACT AND THRIVE IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RT WAS MANDATED TO PRIVATIZE AND SEPARATE FROM THE MIAMI COUNTY BOARD OF DEVELOPMENTAL DISABILITIES. THE CENTER OF MEDICAID GAVE ALL OHIO PROVIDERS LIKE RT UNTIL 2024 TO SEPARATE FROM THEIR LOCAL COUNTY BOARD. RT OFFICIALLY SEPARATED ON 1/1/18 AND IS A 501(C)3 NON-PROFIT ORGANIZATION DEDICATED TO HELPING ADULTS WITH DEVELOPMENTAL DISABILITIES ACHIEVE PERSONAL SUCCESS BY DEVELOPING SKILLS TO CONFIDENTLY WORK, INTERACT AND THRIVE IN THE COMMUNITY. AS A NON-PROFIT ORGANIZATION, RT OPERATES INDEPENDENTLY AS A DIRECT SERVICE PROVIDER OF ADULT DAY SERVICES, EMPLOYMENT SUPPORTS AND TRANSPORTATION. RT REQUIRES DONATIONS, GRANTS, FUNDRAISING DOLLARS TO OPERATE IN ADDITION TO THE INCOME GENERATED FROM THE DIRECT PROVISION OF SERVICES THROUGH FEDERAL/STATE/LOCAL DOLLARS. FOR MORE INFORMATION ABOUT RT, VISIT RTINDUSTRIES.ORG. WE WERE ESTABLISHED IN 1974 AS A NON-PROFIT 501(C)3 ORGANIZATION AS A SHELTERED WORKSHOP FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. THROUGH THE YEARS, RT HAS REVOLUTIONIZED, PROVIDING PRIMARILY COMMUNITY-BASED SERVICES. OUR SERVICES HAVE GROWN TO PRE-EMPLOYMENT, EMPLOYMENT MAINTENANCE, TRANSPORTATION, AND ADULT DAY SERVICES TO PEOPLE WITH DISABILITIES AND COMMUNITY LIVING FOR VETERANS. MISSION: HELPING PEOPLE ACHIEVE PERSONAL SUCCESS BY DEVELOPING SKILLS TO CONFIDENTLY WORK, INTERACT AND THRIVE IN THE COMMUNITY THIS MISSION WAS ADOPTED IN MARCH OF 2019 WITH SEVEN CORE VALUES: SAFETY, COLLABORATION, CAMARADERIE, GROWTH, INTEGRITY, EXCELLENCE AND INNOVATION. STRATEGIC PLAN 2018-2022 FOCUSED ON EMPLOYEE RETENTION, GROWTH AND DEVELOPMENT, COMMUNITY- BASED SERVICES AND GETTING PEOPLE THE RIGHT TOOLS TO SUCCEED IN COMPETITIVE EMPLOYMENT. RT HAS A BLEND OF COMMUNITY AND FACILITY-BASED SERVICES WITHIN OUR ADULT DAY SERVICES PROGRAM. WE WERE ABLE TO SUCCESSFULLY MAINTAIN COMMUNITY-BASED SERVICES FIVE (5) DAYS PER WEEK ALL YEAR FOR OVER TWENTY (20) INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. THESE SERVICES ARE MEANT TO PROMOTE COMMUNITY LIVING TO CONNECT AND EXPLORE THE GREATER COMMUNITY. RT HAD 338 ENROLLMENTS FOR SERVICES IN 2022 THROUGH DAY & EMPLOYMENT SERVICES FOR SCHOOL AGED STUDENTS THROUGH AGING ADULTS. OVER 2022, 54,500 WAS GIVEN THROUGH LOCAL GRANTS FOR THE BUILDING RENOVATION AND BATHROOM RENOVATION. 1/14/22-MIAMI COUNTY FOUNDATION: 7,500 (FOR BUILDING RENOVATION-ADS AREAS) 1/14/22-PIQUA COMMUNITY FOUNDATION: 6,000 (FOR BUILDING RENOVATION-ADS AREAS) 10/26/22-G. WILLIAM HARTZELL CHARITABLE FUND OF PIQUA: 2,000 (GENERAL GRANT DONATION) 11/4/22-TROY FOUNDATION: 26,000 (BATHROOM RENOVATIONS) 11/18/22-MIAMI COUNTY FOUNDATION: 13,000 (BATHROOM RENOVATIONS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Brocious Executive Di | Officer | 40 | $102,296 |
Chris Clark Board Member | Trustee | 1 | $0 |
Cynamyn Clem Secretary | OfficerTrustee | 1 | $0 |
Janet Dalton Board Member | Trustee | 1 | $0 |
Lisa Heid Board Member | Trustee | 1 | $0 |
Joe Hoskins Vice Pres. | OfficerTrustee | 1 | $0 |
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 | $32,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,380 |
| Total Program Service Revenue | $2,900,385 |
| Investment income | $58,495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,716 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,045,976 |
| 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. | $102,296 |
| Compensation of current officers, directors, key employees. | $10,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,871,303 |
| Pension plan accruals and contributions | $17,562 |
| Other employee benefits | $39,881 |
| Payroll taxes | $188,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,762 |
| Office expenses | $7,739 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,743 |
| Travel | $67,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $581 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $99,677 |
| Insurance | $210,662 |
| All other expenses | $64,493 |
| Total functional expenses | $2,982,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,223 |
| Savings and temporary cash investments | $406,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $309,471 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,213 |
| Prepaid expenses and deferred charges | $540 |
| Net Land, buildings, and equipment | $964,688 |
| Investments—publicly traded securities | $2,227,498 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,656 |
| Total assets | $4,215,743 |
| Accounts payable and accrued expenses | $105,844 |
| Grants payable | $0 |
| Deferred revenue | $40,051 |
| 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 | $15,656 |
| Total liabilities | $161,551 |
| Net assets without donor restrictions | $4,045,960 |
| Net assets with donor restrictions | $8,232 |
| 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 | $4,215,743 |