Overview
What is Residential Options Inc?
Residential Options Inc is a nonprofit organization situated in Alton, Illinois, with a workforce of 360 dedicated individuals. Their primary mission is to offer residential housing for individuals who are developmentally disabled and handicapped. They operate two programs: Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD). Through these programs, they provide support that enables their residents to live, work, and engage in the community. Notably, certain CILA residents can participate in the medical rehabilitation option, which covers specific rehabilitation services. Overall, Residential Options Inc aims to empower and integrate individuals with special needs into the community, enhancing their quality of life.
What are the reviews and ratings of this charity?
**Rating:** 94% - Four-Star out of Four Star Rating from Charity Navigator
Residential Options Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The score is based entirely on financial metrics, indicating high levels of transparency and effective governance practices, including a fully independent board and stringent oversight on financial audits.
The organization demonstrates a healthy program expense ratio of over 82%, signifying that a significant portion of its resources directly benefits its programs. Furthermore, the absence of any material diversion of assets and robust conflict of interest and whistleblower policies enhance the organization's credibility and trustworthiness within the nonprofit sector.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving a gap in available feedback from individuals who have interacted with the organization. Without such testimonials, the broader community sentiment remains unclear. Overall, Residential Options Inc appears to maintain a solid reputation based on its high rating and financial health.
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: $6,165,242
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What is the mission statement of Residential Options Inc?
Residential Options Inc is committed to providing residential housing for individuals with developmental disabilities and handicaps. Their mission is to assist these individuals in living, working, and participating in their communities. They operate two programs: Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD). Residents in both programs receive support to enhance their independence. Notably, certain CILA residents can benefit from the medical rehabilitation option, which covers specific rehabilitation services.
Who is the CEO of Residential Options Inc?
Reid Mcdowell is the Secretary of Residential Options Inc.
What is the revenue of Residential Options Inc?
Residential Options Inc's revenue in 2022 was $11,284,358.
Who are the executives of Residential Options Inc and what are their salaries?
The average compensation at Residential Options Inc during 2022 was $17,126. There are 360 employees and 12 volunteers at Residential Options Inc.
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- Related: $280,865
- Other: $24,704
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, as its mission statement suggests, is dedicated to providing residential housing for individuals who are developmentally disabled and handicapped. This organization's primary goal is to create living environments that allow these individuals to live independently, engage in community activities, and work if they choose to. The organization operates under two main programs: Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD).
In the CILA program, residents are offered support services that aid them in living a fulfilling life within their community. Certain CILA residents also have access to the medical rehabilitation option, which provides funding for specific rehabilitation services. This option is particularly beneficial for individuals who require additional medical attention to improve their quality of life.
Residential Options Inc's mission is a crucial step towards ensuring that individuals with developmental disabilities and handicaps have the same opportunities as their able-bodied counterparts. By providing residential housing, the organization supports their residents in leading independent lives and participating in community activities, thus fostering a sense of inclusion and equality.
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Impact
October, 2024
Residential Options Inc plays a crucial role in improving the quality of life for individuals with developmental disabilities and handicaps by offering residential housing options tailored to their unique needs. Through its two primary programs—Community Integrated Living Arrangement (CILA) and Intermediate Care Facility for the Developmentally Disabled (ICFDD)—the organization provides vital support services that empower residents to lead fulfilling lives.
By facilitating access to safe and supportive living environments, Residential Options Inc encourages individuals to work, engage with their communities, and develop meaningful relationships. The CILA program, in particular, allows residents to enjoy a more independent lifestyle while receiving the necessary assistance for daily activities, thereby fostering greater autonomy and personal growth.
Additionally, certain residents benefit from the Medical Rehabilitation Option within the CILA program, which offers funding for targeted rehabilitation services. This aspect not only addresses physical needs but also enhances overall well-being, promoting a more holistic approach to health and personal development.
Ultimately, Residential Options Inc not only provides housing but also cultivates an inclusive community where individuals with disabilities can thrive, participate actively, and contribute to society, significantly impacting both the residents and the broader 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $176,404
- Program Service Revenue: $10,307,924
- Gross Receipts: $13,092,918
Assets and Liabilities:
- Total Assets: $11,785,898
- Total Liabilities: $905,811
- Net Assets: $10,880,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & PURCHASES FOR SERV
Revenue
$8,828,658
SS/VA/RR/FS
Revenue
$1,375,850
NURSE'S AID TRAINING
Revenue
$103,416
Organization Details
Founding Year
1989
Phone
(618) 465-0044Principal Officer
Reid Mcdowell
Main Address
4 EMMIE KAUS LANE, ALTON, IL, 62002
NTEE Category
Code: L200 - Housing
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