Overview
What is Residential Management Servicesinc?
Residential Management Servicesinc is a renowned nonprofit organization situated in Kensington, Connecticut. With a significant workforce of 689 individuals, their primary mission is to support and manage independent living facilities for individuals with disabilities, including those with handicaps and developmental challenges. They oversee the operations, administration, and ownership of these facilities, ensuring a comfortable and supportive environment for their residents. The organization's commitment extends beyond mere management, aiming to empower these individuals to lead independent lives.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Residential Management Services Inc. has received a two-star rating from Charity Navigator, indicating the organization faces challenges in certain operational aspects. While the organization boasts a high accountability and finance score of 73%, it has critical areas that require attention, particularly concerning governance and transparency measures such as the absence of a whistleblower policy and document retention protocols.
Strengths include a fully independent board and strong financial oversight, with no recorded diversion of assets. The organization demonstrates a robust program expense ratio of 91.58%, suggesting that a significant portion of its funds is directed toward its mission-related activities. However, the liabilities to assets ratio raises concerns, reflecting a potentially precarious financial position that could impact its sustainability.
Despite these strengths, the lack of essential policies and the high liabilities to assets ratio indicate that Residential Management Services Inc. needs to improve its governance practices and financial health to enhance credibility and operational effectiveness. Addressing these shortcomings could lead to increased trust from the community and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Management Servicesinc legitimate?
Residential Management Servicesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Management Servicesinc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $439,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,019,518
For more financial information, click here
Official website here: www.none
What is the mission statement of Residential Management Servicesinc?
Residential Management Servicesinc's mission is centered around assisting in the management, operation, administration, and ownership of non-institutional independent living facilities for individuals with disabilities, specifically those who are handicapped or developmentally challenged. The primary objective is to provide these individuals with a suitable living environment that promotes independence. By taking on this role, Residential Management Servicesinc aims to contribute to their quality of life and overall well-being. The company's activities primarily focus on the operational and administrative aspects of these facilities, ensuring they are run efficiently and effectively.
Official website here: www.none
Who is the CEO of Residential Management Servicesinc?
Joseph Drexler is the Executive Di of Residential Management Servicesinc.
Official website here: www.none
What is the revenue of Residential Management Servicesinc?
Residential Management Servicesinc's revenue in 2022 was $4,891,857.
Official website here: www.none
Who are the executives of Residential Management Servicesinc and what are their salaries?
The average compensation at Residential Management Servicesinc during 2022 was $5,020. There are 689 employees at Residential Management Servicesinc.
Here are 13 key members and their salaries:
- Compensation: $236,634
- Related: $0
- Other: $0
- Compensation: $123,434
- Related: $0
- Other: $479
- Compensation: $79,177
- Related: $0
- Other: $20,028
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $141,081
- Related: $0
- Other: $41,093
- Compensation: $136,670
- Related: $0
- Other: $32,119
- Compensation: $136,170
- Related: $0
- Other: $22,171
- Compensation: $128,062
- Related: $0
- Other: $18,738
- Compensation: $112,468
- Related: $0
- Other: $9,843
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Residential Management Servicesinc
Residential Management Servicesinc is dedicated to assisting in the management, operation, administration, and ownership of non-institutional independent living facilities for handicapped and developmentally disabled individuals. Their mission is to provide a supportive environment where these individuals can live independently and with dignity. By managing these facilities, Residential Management Servicesinc aims to empower these individuals to lead fulfilling lives, fostering their independence and promoting their overall well-being. The organization's role in the operation and administration of these facilities ensures that they are run efficiently and effectively, providing the necessary resources and support for the residents. The ultimate goal is to create a safe and inclusive living space that allows these individuals to thrive and reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Residential Management Servicesinc's impact lies in providing crucial support and assistance in the management, operation, administration, and ownership of non-institutional independent living facilities for handicapped and developmentally disabled persons. By offering specialized services tailored to the needs of this vulnerable population, Residential Management Servicesinc plays a vital role in promoting independent living and enhancing the quality of life for individuals with disabilities. Their work contributes to creating inclusive communities where every individual has the opportunity to thrive and lead a fulfilling life.
This information is meant to be a general summary of Residential Management Servicesinc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $87,606
- Program Service Revenue: $4,784,956
- Gross Receipts: $4,891,857
Assets and Liabilities:
- Total Assets: $1,829,894
- Total Liabilities: $2,451,015
- Net Assets: -$621,121
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$2,634,169
CONSULTING FEES
Revenue
$2,117,619
RENTAL INCOME
Revenue
$33,168
Organization Details
Founding Year
1980
Phone
(860) 828-8635Principal Officer
Joseph Drexler
Main Address
808 FOUR ROD ROAD, KENSINGTON, CT, 06037
Website
www.noneNTEE Category
Code: P730 - Human services
If you are a representative of Residential Management Servicesinc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.