Residential Options Inc

Organization Overview

Residential Options Inc is located in Okemos, MI. The organization was established in 1989. 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 09/2023, Residential Options Inc employed 369 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residential Options 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 09/2023, Residential Options Inc generated $10.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $11.2m during the year ending 09/2023. While expenses have increased by 2.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CARE OF HANDICAPPED INDIVIDUALS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CARE AND HOUSING FOR PHYSICALLY AND MENTALLY HANDICAPPED INDIVIDUALS


PROVISION OF CLINICAL SERVICES TO INDIVIDUALS WITH BEHAVIORAL MANAGEMENT ISSUES


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Board, Officers & Key Employees

Name (title)Compensation
Sharon Wilkes
Chairman
$0
Dominique Miller
Vice Preside
$0
Michael Kendrick
Treasurer
$0
Jonathon Fredericks
Secretary
$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$10,791,184
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,792,184

Peer Organizations

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Christian Childrens Home Of Ohio
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Inpact Inc
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Renaissance Community Homes
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Social Current Inc
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Crisis Center Inc
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Wood Lane Residential Services
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