Reaching Maximum Independence Inc
- Assets
- $6.4m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 125
- Location
- San Antonio, TX
- Founding
- 11/1990
- Data as of
- 06/2022
- EIN
- 74-2243259
Organization Overview
Reaching Maximum Independence Inc, operating under the name Rmi Homes, is located in San Antonio, TX. The organization was established in 1990. 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 06/2022, Rmi Homes employed 125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rmi Homes 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 06/2022, Rmi Homes generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $5.4m during the year ending 06/2022. While expenses have increased by 5.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REACHING MAXIMUM INDEPENDENCE, INC. IS A PRIVATE NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PROVIDE HIGH QUALITY RESIDENTIAL AND VOCATIONAL ALTERNATIVES IN SAN ANTONIO AND SUBURBAN NEIGHBORHOODS FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND RELATED DISABILITIES (ORGANIC PERSONALITY DISORDER, MENTAL HEALTH DISABILITIES, SEIZURE DISORDER, ETC.).A GROUP OF SEVEN FAMILIES WITH ADULT CHILDREN/SIBLINGS WITH DISABILITIES ORIGINALLY FOUNDED OUR ORGANIZATION THROUGH THE ASSOCIATION FOR RETARDED CITIZENS IN 1982. RMI WAS SEPARATELY INCORPORATED IN 1988 AND OBTAINED OUR 501 (C) (3) IN 1990. WE HAD A NAME CHANGE SEVERAL YEARS AGO AND BECAME REACHING MAXIMUM INDEPENDENCE.THROUGH ITS HOUSING OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND OTHER PROGRAMS, THEY WERE ABLE TO ACCOMODATE APPROXIMATELY 198 INDIVIDUALS WITH DISABILITIES IN RESIDENTIAL AND REHAB PROGRAMS. DUE TO COVID - THERE WERE NO VOLUNTEERS IN THE CURRENT FISCAL YEAR.
Describe the Organization's Program Activity:
REACHING MAXIMUM INDEPENDENCE, INC. IS A PRIVATE NON-PROFIT CORPORATION WHOSE PURPOSE IS TO PROVIDE HIGH QUALITY RESIDENTIAL AND VOCATIONAL ALTERNATIVES IN SAN ANTONIO AND SUBURBAN NEIGHBORHOODS FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND RELATED DISABILITIES (ORGANIC PERSONALITY DISORDER, MENTAL HEALTH DISABILITIES, SEIZURE DISORDER, ETC.).A GROUP OF SEVEN FAMILIES WITH ADULT CHILDREN/SIBLINGS WITH DISABILITIES ORIGINALLY FOUNDED OUR ORGANIZATION THROUGH THE ASSOCIATION FOR RETARDED CITIZENS IN 1982. RMI WAS SEPARATELY INCORPORATED IN 1988 AND OBTAINED OUR 501 (C) (3) IN 1990. WE HAD A NAME CHANGE SEVERAL YEARS AGO AND BECAME REACHING MAXIMUM INDEPENDENCE.THROUGH ITS HOUSING OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND OTHER PROGRAMS, THEY WERE ABLE TO ACCOMODATE APPROXIMATELY 198 INDIVIDUALS WITH DISABILITIES IN RESIDENTIAL AND REHAB PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Schwab Executive Dir. | Officer | 50 | $120,253 |
Jr Cantu Chairman | OfficerTrustee | 1 | $0 |
Marcia Stipek Vice Chair | OfficerTrustee | 1 | $0 |
Kendra Willoughby Secretary | OfficerTrustee | 1 | $0 |
Theresa Rosenheim Board Member | Trustee | 1 | $0 |
Jerry Duterroil Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Texas Department Of Aging And Disability Quality Assur. Fee | 6/29/20 | $133,031 |
Reliance Standard Health Insurance | 6/29/20 | $102,395 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,162,753 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,208,531 |
| Total Program Service Revenue | $5,080,971 |
| Investment income | $6,832 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $348,898 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $34,806 |
| Net Income from Sales of Inventory | -$13,349 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,666,818 |
| 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. | $123,062 |
| Compensation of current officers, directors, key employees. | $7,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,782,326 |
| Pension plan accruals and contributions | $29,237 |
| Other employee benefits | $33,658 |
| Payroll taxes | $235,157 |
| 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 | $0 |
| Office expenses | $268,243 |
| Information technology | $41,155 |
| Royalties | $0 |
| Occupancy | $183,401 |
| Travel | $86,923 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $66,219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183,187 |
| Insurance | $111,629 |
| All other expenses | $51,074 |
| Total functional expenses | $5,413,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,433,789 |
| Savings and temporary cash investments | $183,929 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $790,449 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $68,972 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,432 |
| Net Land, buildings, and equipment | $3,494,772 |
| Investments—publicly traded securities | $334,917 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $126,000 |
| Total assets | $6,439,260 |
| Accounts payable and accrued expenses | $451,126 |
| Grants payable | $0 |
| Deferred revenue | $94,997 |
| 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 | $1,663,753 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,209,876 |
| Net assets without donor restrictions | $3,801,383 |
| Net assets with donor restrictions | $428,001 |
| 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 | $6,439,260 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Reaching Maximum Independence Inc has recieved totaling $446,000.
| Awarding Organization | Amount |
|---|---|
San Antonio Area Foundation San Antonio, TX PURPOSE: GENERAL SUPPORT | $357,000 |
Professional Contract Services Inc Austin, TX PURPOSE: SUPPORT PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES | $50,000 |
Harvey E Najim Charitable Foundation San Antonio, TX PURPOSE: ASSIST CHILDREN | $25,000 |
Nathalie And Gladys Dalkowitz Charitable Trust Dallas, TX PURPOSE: SUPPORT QUALITY TRAINING IN | $10,000 |
Dixie & Cedric Wenger 1994 Foundation San Antonio, TX PURPOSE: OPERATIONS | $4,000 |
Endowment Analysis
| Beg. Balance | $384,662 |
| Earnings | -$45,900 |
| Admin Expense | $3,845 |
| Ending Balance | $334,917 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marbridge Foundation Inc Manchaca, TX | $30,327,535 | $20,296,302 |
Central State Community Services Oklahoma Inc Tulsa, OK | $7,573,561 | $18,181,483 |
Holy Angels Residential Facility Shreveport, LA | $10,678,047 | $18,384,727 |
Hill Country Youth Ranch Ingram, TX | $62,476,710 | $17,017,718 |
Roy Maas Youth Alternatives Inc San Antonio, TX | $5,243,820 | $14,223,910 |
Oklahoma Baptist Homes For Children Inc Oklahoma City, OK | $118,462,947 | $17,899,757 |
Evergreen Presbyterian Ministries Of Texas Inc Haughton, LA | $7,845,590 | $11,531,814 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
Helping Hand Home For Children Austin, TX | $22,485,765 | $11,747,778 |
Think Ability Inc Duncan, OK | $6,836,025 | $8,921,132 |
Tulsa Boys Home Tulsa, OK | $31,491,563 | $7,908,546 |
Vita Living Inc Houston, TX | $3,902,030 | $8,421,114 |