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Residential Options Inc C/O Nrha

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

EIN: 541614700 ✦ Norfolk, VA ✦ Designated as a 501(c)(3)

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Overview

What is Residential Options Inc C/O Nrha?

Residential Options Inc C/O Nrha is a Virginia-based nonprofit organization, established in 1992, with a primary mission to offer housing solutions for mentally disadvantaged individuals. Located at 555 E Main Street, 17th Floor, Norfolk, VA 23510, the nonprofit operates under the supervision of the Norfolk Community Services Board. Their primary activity is providing a secure living environment for mentally disadvantaged citizens of Norfolk, ensuring they receive the necessary care and support.

Is Residential Options Inc C/O Nrha legitimate?

Residential Options Inc C/O Nrha is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Options Inc C/O Nrha 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: $8,553

For more financial information, click here

What is the mission statement of Residential Options Inc C/O Nrha?

Residential Options Inc, as a non-profit organization, is committed to providing housing for individuals who are mentally disadvantaged. This mission is specifically aimed at supporting the housing needs of mentally disadvantaged citizens in an unspecified location. Established in 1992, Residential Options Inc operates apartments under the supervision of a community service board. The primary goal is to offer a living space to those who may require additional assistance due to their mental condition. The organization's activities primarily focus on providing a safe and suitable home environment for these individuals.

Who is the CEO of Residential Options Inc C/O Nrha?

Michael Clark is the President of Residential Options Inc C/O Nrha.

What is the revenue of Residential Options Inc C/O Nrha?

Residential Options Inc C/O Nrha's revenue in 2022 was $137,356.

Who are the executives of Residential Options Inc C/O Nrha and what are their salaries?


Here are 8 key members and their salaries:


Ronald Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Mack (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Mills (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Hammond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Anne Templeton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Weaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Holbrook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mccluney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Residential Options Inc C/O Nrha?

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

Mission Statement of Residential Options Inc C/O Nrha

Residential Options Inc C/O Nrha, a Virginia-based non-profit corporation, was established in 1992 with a mission to provide housing for individuals who are mentally disadvantaged. This organization is dedicated to ensuring that mentally disadvantaged citizens in Norfolk have access to safe and secure living spaces. Residential Options Inc C/O Nrha operates apartments specifically designed for these individuals, with supervision provided by the Norfolk Community Services Board. The non-profit's primary focus is on providing a supportive living environment that caters to the unique needs of mentally disadvantaged individuals, aiming to enhance their overall well-being.

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Impact




October, 2024

Residential Options Inc C/O Nrha plays a crucial role in addressing the housing needs of mentally disadvantaged individuals in Norfolk, Virginia. Established in 1992, the organization operates apartments that offer supervised living environments for these consumers. By providing stable housing, they enhance the quality of life for residents, fostering a sense of community and dignity.

The impact of Residential Options Inc extends beyond mere shelter; it promotes independence and self-sufficiency among individuals who might otherwise struggle to secure safe housing. By collaborating with the Norfolk Community Service Board, they ensure residents receive essential support and resources, helping them navigate challenges related to mental health and daily living.

Ultimately, Residential Options Inc contributes significantly to community improvement by creating a more inclusive environment for mentally disadvantaged citizens, encouraging their participation and integration into the broader Norfolk community.




This information is meant to be a general summary of Residential Options Inc C/O Nrha. 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
$137,356 (2022)
Expenses
$195,613 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $137,353
  • Gross Receipts: $137,356

Assets and Liabilities:

  • Total Assets: $1,237,402
  • Total Liabilities: $1,019,291
  • Net Assets: $218,111

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Programs

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

RENTAL INCOME TENANTS

Revenue

$137,353

Organization Details

Founding Year

1992

Principal Officer

Michael Clark

Main Address

555 E MAIN STREET 17TH FLOOR, NORFOLK, VA, 23510

NTEE Category

Code: S20Z - Community improvement

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