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Residential Options Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310993382 ✦ Dublin, OH ✦ Designated as a 501(c)(3)

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Overview

What is Residential Options Inc?

Residential Options Inc is a nonprofit organization situated in Dublin, Ohio. Their primary mission involves offering residential, habilitative, and training services to mentally challenged and developmentally disabled individuals. This aim is to help these individuals achieve their highest level of independence. Their operations include running two group homes, accommodating up to eleven residents. Residential Options assists in daily living, focusing on personal growth. Many of the residents engage in day programs and workshops. Furthermore, the organization encourages and supports volunteerism and community involvement among their residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Residential Options Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The rating is specifically derived from its strong performance in the Accountability & Finance category, where it scored 79%. This score reflects the organization's commitment to maintaining transparent financial practices and governance structures.

The nonprofit demonstrates strengths in various areas of governance, including having a wholly independent board and no material diversion of assets. It also has comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention, which contribute positively to its overall accountability score. Additionally, the charity allocates a significant portion of its expenses—88.65%—directly to its programs, highlighting its focus on delivering services effectively.

While the overall rating is commendable, it is essential to note that the score is solely based on the Accountability & Finance beacon. This means that other aspects of the organization's performance, such as impact and service delivery, are not captured in this rating. Potential donors and stakeholders may want to look for additional information to fully assess the organization's effectiveness in achieving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Residential Options Inc legitimate?

Residential Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Options 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: $877,114

For more financial information, click here

What is the mission statement of Residential Options Inc?

Residential Options Inc, as an organization, is committed to providing residential, habilitative, and training services for individuals with mental challenges and developmental disabilities. Their primary goal is to assist these individuals in achieving the highest quality of life, promoting their maximum level of independence. Through their services, they facilitate daily living tasks and encourage participation in day programs and workshops. Furthermore, Residential Options encourages volunteerism and community activities to foster a sense of inclusion and engagement for their residents.

Who is the CEO of Residential Options Inc?

Scott Bentley is the Treasurer of Residential Options Inc.

What is the revenue of Residential Options Inc?

Residential Options Inc's revenue in 2022 was $1,725,621.

Who are the executives of Residential Options Inc and what are their salaries?

There 4 volunteers at Residential Options Inc.


Here are 4 key members and their salaries:


Michael Cummins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Bentley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Beverage (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ravenscraft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Residential Options Inc?

Residential Options Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Residential Options Inc

Residential Options Inc, a nonprofit organization, is dedicated to providing residential, habilitative, and training services for individuals with mental challenges and developmental disabilities. Their mission is to help these individuals attain the highest possible quality of life, fostering as much independence as possible. The organization achieves this by offering residential services, where they assist in daily living and focus on enhancing the residents' independence. Many of the residents engage in day programs and workshops, further aiding their development and independence. Residential Options also encourages and supports volunteer work and community activities, providing ample opportunities for personal growth and social integration.

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Impact




October, 2024

Residential Options Inc has a profound impact on the lives of individuals with mental challenges and developmental disabilities. By operating two group homes in Dublin, Ohio, with a capacity for eleven residents, the organization creates a nurturing environment that prioritizes independence and quality of life.

Through its residential and habilitative services, Residential Options assists individuals in daily living, fostering skills that promote greater autonomy. The focus on community involvement and volunteerism enriches the residents' experiences, encouraging social interaction and engagement. Additionally, by facilitating participation in day programs and workshops, the organization provides valuable opportunities for personal development and growth.

Overall, Residential Options Inc plays a crucial role in empowering individuals with disabilities, fostering their independence, and enhancing their overall well-being within the community.




This information is meant to be a general summary of Residential Options 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.

Revenue
$1,725,621 (2022)
Expenses
$1,604,750 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $122,913
  • Gross Receipts: $1,725,621

Assets and Liabilities:

  • Total Assets: $607,344
  • Total Liabilities: $117,981
  • Net Assets: $489,363

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Patient liability sevices

Revenue

$122,913

Organization Details

Founding Year

1980

Principal Officer

Scott Bentley

Main Address

PO Box 1907, Dublin, OH, 43017

NTEE Category

Code: P70Z - Human services

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