Overview
What is Residential Resources Inc?
Residential Resources Inc, located in Pittsburgh, Pennsylvania, is a dedicated nonprofit organization. Their primary mission is to offer high-quality, affordable, and well-maintained residential housing and facilities for individuals with disabilities, either directly or through responsible agencies responsible for their care. The organization is committed to providing accessible home modification services, ensuring a comfortable living environment for those with disabilities, their families, and caregivers. With a team of 13 dedicated individuals, Residential Resources Inc strives to enhance the lives of those in need, thereby promoting inclusivity and independence.
Official website here: www.residentialresourcesinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Residential Resources Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 100% in this category, indicating a high level of transparency in its financial practices and governance. Notably, it has a majority of independent board members and has established comprehensive policies regarding conflicts of interest and whistleblower protections.
The nonprofit's financial health is also commendable, with a program expense ratio of 75.95%, suggesting that a significant portion of its funds is directed towards its mission rather than administrative costs. Furthermore, the organization has maintained a low liabilities-to-assets ratio of 23.21%, demonstrating financial stability and effective asset management.
Overall, while the ratings highlight Residential Resources Inc's strengths in governance and financial management, potential supporters may be interested in how these practices translate into tangible outcomes for the communities they serve. However, no significant limitations or concerns were noted in the evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Resources Inc legitimate?
Residential Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Resources Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $628,221
For more financial information, click here
Official website here: www.residentialresourcesinc.org
What is the mission statement of Residential Resources Inc?
Residential Resources Inc is committed to providing high-quality housing and accessible home modification services to individuals with disabilities, their families, and those who care for them. Their mission is to ensure that these individuals have access to well-maintained residential housing and necessary home modifications, either directly or through appropriate agencies. By offering such services, Residential Resources Inc aims to enhance the quality of life for people with disabilities, enabling them to live more independently and comfortably.
Official website here: www.residentialresourcesinc.org
Who is the CEO of Residential Resources Inc?
John Jeffrey Lengel is the President of Residential Resources Inc.
Official website here: www.residentialresourcesinc.org
What is the revenue of Residential Resources Inc?
Residential Resources Inc's revenue in 2022 was $5,401,073.
Official website here: www.residentialresourcesinc.org
Who are the executives of Residential Resources Inc and what are their salaries?
The average compensation at Residential Resources Inc during 2022 was $48,325. There are 13 employees at Residential Resources Inc.
Here are 8 key members and their salaries:
- Compensation: $128,148
- Related: $0
- Other: $23,232
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.residentialresourcesinc.org
Where can I find the form 990 for Residential Resources Inc?
Residential Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.residentialresourcesinc.org
Learn more at the official website: www.residentialresourcesinc.org
Mission Statement of Residential Resources Inc
Residential Resources Inc, a nonprofit organization, is committed to providing high-quality housing and accessible home modification services to individuals with disabilities, their families, and those who care for them. The mission of this esteemed institution is to ensure that these individuals have access to well-maintained residential facilities and necessary home modifications. This is achieved either directly through the organization or through agencies responsible for their care. By offering such services, Residential Resources Inc strives to enhance the living conditions and overall well-being of people with disabilities.
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Impact
October, 2024
Residential Resources Inc significantly enhances the quality of life for individuals with disabilities by offering quality housing and accessible home modification services. Based in Pittsburgh, PA, the organization is committed to providing affordable and well-maintained residential options directly to those in need or through care agencies. Their focus on creating inclusive living environments allows individuals with disabilities to thrive in their communities, fostering independence and dignity. By addressing the critical need for accessible housing, Residential Resources Inc plays a vital role in empowering disabled individuals and supporting their families, ensuring they have the necessary resources to lead fulfilling lives. Their commitment to quality and accessibility makes a lasting impact on the lives of many, promoting inclusivity in the broader community.
This information is meant to be a general summary of Residential Resources Inc. 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: $51,725
- Program Service Revenue: $5,210,234
- Gross Receipts: $5,952,640
Assets and Liabilities:
- Total Assets: $24,596,496
- Total Liabilities: $7,957,865
- Net Assets: $16,638,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$4,327,294
OPTIONS/BRIDGE INCOME
Revenue
$455,931
EQUIPMENT RENTAL INCOM
Revenue
$323,291
OTHER INCOME
Revenue
$72,863
PDA INCOME
Revenue
$16,248
Organization Details
Founding Year
1988
Phone
(412) 642-9033Principal Officer
John Jeffrey Lengel
Main Address
600 WATERFRONT DRIVE SUITE 215, PITTSBURGH, PA, 15222
NTEE Category
Code: L200 - Housing
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