Resource Healthcare Of America Inc
- Assets
- $1.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 58-2016603
Organization Overview
Resource Healthcare Of America Inc is located in Atlanta, GA. The organization was established in 1987. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Resource Healthcare Of America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVISION OF RESIDENTIAL AND HEALTH CARE SERVICES TO DEVELOPMENTALLYDISABLED, ELDERLY AND INFIRM PERSONS, INCLUDING THE MENTALLY ILL ANDDEVELOPMENT AND OPERATION OF LOW-INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING TO DISABLED PERSONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryant G Coats Ceo/director | OfficerTrustee | 1.6 | $0 |
James D Loftin Jr Director | Trustee | 0.1 | $0 |
Charles Northcutt III Director | OfficerTrustee | 0.1 | $0 |
William H Oakes Director | Trustee | 0.1 | $0 |
William P Walker Chairman/director | Trustee | 0.1 | $0 |
Alison Drummond Director | Trustee | 0.1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,436 |
| Investment income | $13,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,165,074 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,225,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,300,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,467 |
| Insurance | $8,492 |
| All other expenses | $0 |
| Total functional expenses | $1,406,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,308 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,502 |
| 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 | $0 |
| Net Land, buildings, and equipment | $537,067 |
| Investments—publicly traded securities | $1,266,800 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,855,677 |
| Accounts payable and accrued expenses | $18,378 |
| 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 | $873,216 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $891,594 |
| Net assets without donor restrictions | $964,083 |
| Net assets with donor restrictions | $0 |
| 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 | $1,855,677 |
Grants Awarded
Over the last fiscal year, Resource Healthcare Of America Inc has awarded $158,717 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RHG HOUSING FOUNDATION INC PURPOSE: DEPOSIT TO SUPPORTING ORG. FOR INVESTMENT | $57,457 |
RESOURCE HEALTHCARE OF AMERICA PURPOSE: DEPOSIT TO SUPPORTING ORG. FOR INVESTMENT | $101,260 |