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Filing year 2023

RESIDENT ADVANCEMENT INC

Fenton, Michigan·EIN 38-2716661·NTEE P73Z · Human Services·501(c)(3)
Total revenue
$7.5M
Total assets
$3.3M
Total expenses
$7.5M
Reported officers
4
Mission

TO PROVIDE AND/OR FACILITATE THE PROVISION OF SERVICES AND/OR PROGRAMS FOR PHYSICALLY AND/OR MENTALLY CHALLENGED OR DISABLED PERSONS AND THE ELDERLY IN A CORPORATE FACILITY OR PERSONAL HOME.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in Michigan.

Exec Directo
Officer (Unspecified)
$132k
$144k
Board Mber/p
Board Member
Above 90th percentile
$130k
$141k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at RESIDENT ADVANCEMENT INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
2%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 9%
from 2022

From $146k in 2022 to $132k in 2023.

$146k
2022
$132k
2023
In today's dollarsEst.
Down 14% in real terms$167k to $144k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 11% from 2022 to 2023, while revenue fell 4%.

$146k in 2022 to $130k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RESIDENT ADVANCEMENT INC

What does the Board Member of RESIDENT ADVANCEMENT INC earn?

In 2023, the Board Member of RESIDENT ADVANCEMENT INC received $130,000 in total compensation. This pay is in the top 10% for Board Member roles among Human Services organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at RESIDENT ADVANCEMENT INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in Michigan, the 2023 pay of the Board Member at RESIDENT ADVANCEMENT INC falls in the top 10%. In 2023, the highest total compensation at RESIDENT ADVANCEMENT INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

What are RESIDENT ADVANCEMENT INC's revenue and expenses?

In 2023, RESIDENT ADVANCEMENT INC reported $7.5M in total revenue and $7.5M in total expenses on its IRS Form 990.

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