Overview
What is Residential Services Inc?
Residential Services Inc, based at 111 Providence Road, Chapel Hill, North Carolina, is a nonprofit organization dedicated to serving individuals with intellectual and developmental disabilities of all ages. Their mission encompasses a wide array of residential support options, tailored to meet the unique needs and preferences of each individual. These supportive living arrangements range from ICF/IID homes, supervised living homes to in-home support. The organization's primary goal is to facilitate a comfortable living environment for those they serve, with the aim of fostering independence and self-reliance. With a workforce of 423 employees, Residential Services Inc strives to provide a supportive and nurturing environment for its clients, ensuring they receive the care and attention they need to thrive.
Official website here: www.rsi-nc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
Residential Services Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The charity scored 100% in several key areas, indicating a well-governed organization with independent board members and effective oversight mechanisms. The organization has demonstrated a low liabilities-to-assets ratio and a high program expense ratio, suggesting that the majority of its funds are directed toward its mission rather than administrative costs.
Strengths of Residential Services Inc include its fully independent board and robust internal policies, such as conflict of interest and whistleblower protections. The organization maintains transparency through listed financial statements and documented board meeting minutes, enhancing trust among stakeholders. These factors contribute to its high rating, highlighting the organization’s ethical standards and operational integrity.
However, while the financial indicators are strong, the summary does not provide insight into the specific programs or impacts of the charity's efforts. Understanding the outcomes of services provided would further enhance the overall assessment of Residential Services Inc's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Services Inc legitimate?
Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Services 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: $159,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,967,649
For more financial information, click here
Official website here: www.rsi-nc.org
What is the mission statement of Residential Services Inc?
Residential Services Inc is dedicated to offering living solutions and necessary support for individuals of all ages who have intellectual and developmental disabilities. Their mission is centered around providing a wide array of living options and related support services tailored to the unique needs and preferences of each individual. These services range from ICF/IID homes, supervised living homes, to in-home support, ensuring that each person receives the care they require. The duration and frequency of these services are customized to meet the specific needs of each individual recipient.
Official website here: www.rsi-nc.org
Who is the CEO of Residential Services Inc?
Scott Keller is the Executive Dir. of Residential Services Inc.
Official website here: www.rsi-nc.org
What is the revenue of Residential Services Inc?
Residential Services Inc's revenue in 2022 was $11,666,621.
Official website here: www.rsi-nc.org
Who are the executives of Residential Services Inc and what are their salaries?
The average compensation at Residential Services Inc during 2022 was $16,849. There are 423 employees at Residential Services Inc.
Here are 12 key members and their salaries:
- Compensation: $156,548
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- Other: $16,037
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Official website here: www.rsi-nc.org
Where can I find the form 990 for Residential Services Inc?
Residential Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rsi-nc.org
Learn more at the official website: www.rsi-nc.org
Mission Statement of Residential Services Inc
Residential Services Inc, a non-profit organization, is dedicated to providing living options and related supports to individuals with intellectual and developmental disabilities of all ages. The mission of this organization is centered around empowering these individuals to live independently and with dignity, offering a broad range of services tailored to their unique needs and preferences.
The services provided by Residential Services Inc encompass a variety of living arrangements, including ICF/IID homes, supervised living homes, and in-home support. These options cater to the diverse needs of the individuals, ensuring they can live in an environment that fosters their growth and independence. The duration and frequency of these services are carefully designed to meet the specific requirements of each individual, ensuring they receive the support they need when they need it.
In essence, Residential Services Inc is committed to creating an inclusive community where individuals with intellectual and developmental disabilities can thrive. By offering a variety of living options and related supports, the organization is not only providing a safe and supportive environment but also empowering these individuals to live independently and lead fulfilling lives.
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Impact
June, 2024
Residential Services Inc positively impacts the lives of individuals with intellectual and developmental disabilities by providing a wide range of living options and related supports tailored to their specific needs and preferences. Through services such as ICF/IID homes, supervised living homes, and in-home support, Residential Services Inc enables individuals to lead fulfilling lives while receiving the necessary care and assistance. By promoting independence and enhancing quality of life, Residential Services Inc plays a crucial role in supporting the mental health and well-being of those they serve.
This information is meant to be a general summary of Residential Services 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: $791,000
- Program Service Revenue: $10,684,102
- Gross Receipts: $11,919,775
Assets and Liabilities:
- Total Assets: $17,802,150
- Total Liabilities: $1,761,500
- Net Assets: $16,040,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees
Revenue
$10,684,102
Organization Details
Founding Year
1974
Phone
(919) 942-7391Principal Officer
Scott Keller
Main Address
111 Providence Road, Chapel Hill, NC, 27514
Website
www.rsi-nc.orgNTEE Category
Code: F33Z - Mental health
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