Residential Services Inc

Organization Overview

Residential Services Inc is located in Chapel Hill, NC. The organization was established in 1977. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Residential Services Inc employed 382 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 06/2023, Residential Services Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $12.4m during the year ending 06/2023. While expenses have increased by 4.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

RESIDENTIAL SERVICES, INC. PROVIDES LIVING OPTIONS AND RELATED SUPPORTS TO PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES OF ALL AGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICES CONSIST OF A BROAD RANGE OF LIVING OPTIONS AND RELATED SUPPORTS TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES OF ALL AGES. THE DURATION AND FREQUENCY OF THE SERVICE IS BASED ON THE NEEDS AND PREFERENCES OF EACH INDIVIDUAL. RESIDENTIAL SUPPORT OPTIONS INCLUDE ICF/IID HOMES, SUPERVISED LIVING HOMES, AND IN-HOME SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Keller
Executive Dir.
$145,673
Jeffrey Ryan
Operations Dir.
$103,522
Karl Bauman PHD
Director
$0
Becky Dees
Director
$0
Greg Freeman
Director
$0
Tamara Dawkins PHD
Director
$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$183,139
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$183,139
Total Program Service Revenue$10,601,279
Investment income $202,803
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $270,871
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,276,878

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