Residential Alternatives Inc

Organization Overview

Residential Alternatives Inc is located in Highland, MI. The organization was established in 1985. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 09/2022, Residential Alternatives Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residential Alternatives 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 09/2022, Residential Alternatives Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.8m during the year ending 09/2022. While expenses have increased by 1.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING EDUCATION REHABILATIVE TRAINING TO DEVELOPMENTALLY DISABLED ADULTS IN 4 LICENSED ADULT FOSTER CARE HOMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOME CARE FOR THE DEVELOPMENTALLY DISABLED - BURGESS


HOME CARE FOR THE DEVELOPMENTALLY DISABLED - BEACHAM


HOME CARE FOR THE DEVELOPMENTALLY DISABLED - APPOMATTOX


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Board, Officers & Key Employees

Name (title)Compensation
Renee Ostrom
Ex. Director
$91,095
Ursula Christian
Trustee
$0
Josephine Feijoo
Secretary
$0
Amber Martin
Trustee
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,112,032
Investment income $20
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,112,052

Peer Organizations

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