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Filing year 2023

RESIDENTIAL OPTIONS INC

Danvers, Massachusetts·EIN 04-2867643·3
Total revenue
$74k
Total assets
$414k
Total expenses
$117k
Reported officers
6
Mission

TO HOLD REAL ESTATE FOR A RELATED 501(3)(C) ORGANIZATION, NORTHEAST ARC, INC.'S HUD PROGRAM. THE PROPERTIES CONSIST OF ONE RESIDENTIAL HOME AND THREE CONDO UNITS.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/director
75th to 90th percentile
$211k
$233k
Clerk/director
Director (Operational)
10th to 25th percentile
$33k
$36k
Treasurer/director
Director (Operational)
Below 10th percentile
$16k
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Held steady
from 2022

From $210k in 2022 to $211k in 2023.

$210k
2022
$211k
2023
In today's dollarsEst.
Down 3% in real terms$239k to $233k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue rose 3%.

$210k in 2022 to $211k in 2023.
  • Director (Operational) pay rose 63% from 2022 to 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.
Financial trend

Revenue and expenses over time

RESIDENTIAL OPTIONS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$71k
$94k
2022
$74k
$117k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RESIDENTIAL OPTIONS INC

What does the Chief Executive Officer of RESIDENTIAL OPTIONS INC earn?

In 2023, the Chief Executive Officer of RESIDENTIAL OPTIONS INC received $211,478 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RESIDENTIAL OPTIONS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at RESIDENTIAL OPTIONS INC falls between the 75th and 90th percentiles.

What are RESIDENTIAL OPTIONS INC's revenue and expenses?

In 2023, RESIDENTIAL OPTIONS INC reported $74k in total revenue and $117k in total expenses on its IRS Form 990.

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