Overview
What is Residential Opportunities Inc?
Residential Opportunities Inc, also known as Great Lakes Center for Autism Treatment & Research, is a Michigan-based nonprofit organization located at 1100 South Rose Street in Kalamazoo. With a team of 508 dedicated employees, they are committed to providing inclusive housing opportunities for individuals with disabilities. Their mission goes beyond just housing, as they collaborate with children and adults with disabilities and their families to help them live more meaningful, healthy, and independent lives. Through their partnerships, they foster a welcoming community where all backgrounds are accepted.
Official website here: www.residentialopportunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Residential Opportunities Inc has received a high rating of 96% from Charity Navigator, which reflects its strong performance in accountability and finance. This score indicates that the organization is well-managed and demonstrates transparency in its financial practices. The rating is based solely on the Accountability & Finance category, suggesting that the charity adheres to best practices in managing its funds and resources.
The organization excels particularly in several key areas, including having an independent board with all members outside of the organization, and a solid audit and oversight committee. The lack of material diversion of assets and the presence of comprehensive policies, such as conflict of interest and whistleblower policies, further enhance its credibility. Additionally, 88.99% of its expenses are allocated to programs, indicating a strong commitment to its mission.
There are no significant limitations noted in the data, which suggests that Residential Opportunities Inc maintains a robust financial health and accountability framework. Overall, the organization appears to be a reliable choice for donors looking to support a nonprofit with strong governance and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Opportunities Inc legitimate?
Residential Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Opportunities 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: $697,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.residentialopportunities.org
What is the mission statement of Residential Opportunities Inc?
Residential Opportunities Inc is committed to enhancing the lives of children and adults with disabilities and their families. Their mission is to enable them to live more meaningful, healthy, and independent lives in their communities. By providing housing opportunities, they welcome individuals from all backgrounds and promote inclusive living. Through their efforts, they aim to empower people with disabilities to reach their full potential. Their goal is to create supportive environments where everyone can thrive and contribute to their communities.
Official website here: www.residentialopportunities.org
Who is the CEO of Residential Opportunities Inc?
Dr Shanetta Coleman is the Board Member/Treasurer of Residential Opportunities Inc. The CEO's salary of Residential Opportunities Inc is $46,511 and their total compensation is $46,722.
Official website here: www.residentialopportunities.org
What is the revenue of Residential Opportunities Inc?
Residential Opportunities Inc's revenue in 2022 was $29,208,902.
Official website here: www.residentialopportunities.org
Who are the executives of Residential Opportunities Inc and what are their salaries?
The average compensation at Residential Opportunities Inc during 2022 was $1,373. There are 508 employees at Residential Opportunities Inc.
Here are 25 key members and their salaries (Residential Opportunities Inc's CEO's salary is $46,511 and their total compensation is $46,722):
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- Compensation: $46,511
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- Compensation: $108,066
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- Other: $4,069
Official website here: www.residentialopportunities.org
Where can I find the form 990 for Residential Opportunities Inc?
Residential Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.residentialopportunities.org
Learn more at the official website: www.residentialopportunities.org
Mission Statement of Residential Opportunities Inc
Residential Opportunities Inc, a dedicated organization, works towards enhancing the lives of children and adults with disabilities and their families. The mission of this esteemed nonprofit is to enable these individuals to live more meaningful, healthy, and independent lives in their own communities.
By partnering with families, Residential Opportunities Inc creates opportunities for individuals with disabilities to thrive in inclusive environments. These inclusive communities welcome people from all backgrounds, fostering a sense of belonging and acceptance. The organization's primary focus is to provide suitable housing for those in need, ensuring they have a safe and supportive place to call home.
Residential Opportunities Inc believes that every individual deserves the chance to live a fulfilling life, regardless of their abilities. By offering housing solutions, the nonprofit empowers people with disabilities to live more independently and contribute to their communities. The organization's dedication to this cause is unwavering, and its impact on the lives of those it serves is immeasurable.
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Impact
October, 2024
Residential Opportunities Inc significantly enhances the quality of life for children and adults with disabilities and their families. By providing inclusive housing, the organization creates communities where individuals from diverse backgrounds can thrive together. This initiative supports the independence and well-being of those with disabilities, allowing them to live more meaningful and healthy lives in their own homes.
Through tailored partnerships, Residential Opportunities Inc empowers individuals to engage actively in their communities, fostering social connections and minimizing isolation. By advocating for accessible living conditions and inclusive practices, the organization contributes to a more equitable society. The impact is profound, as it not only changes the lives of individuals with disabilities but also enriches the community as a whole, promoting understanding, acceptance, and support among all residents.
This information is meant to be a general summary of Residential Opportunities 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: $1,900
- Program Service Revenue: $1,393,442
- Gross Receipts: $29,300,395
Assets and Liabilities:
- Total Assets: $21,435,569
- Total Liabilities: $7,641,788
- Net Assets: $13,793,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$1,246,681
RENT INCOME
Revenue
$146,761
Organization Details
Founding Year
1977
Phone
(269) 343-3731Principal Officer
Dr Shanetta Coleman
Main Address
1100 SOUTH ROSE STREET, KALAMAZOO, MI, 49001
NTEE Category
Code: P73Z - Human services
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