philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Residential Resources INC

Tax-deductible

Ocean, NJ501(c)(3)EIN 22-3056195Revenue $90K in FY2025

On file with the IRSladacin.org1703 Kneeley Blvd, 07712-7622 · Ocean, NJTax-exempt since Sep 1991Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To provide housing for individuals with physical disabilities, enabling these people to live independent, healthy and secure lives.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $37K a year · 37% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$257K
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$90K
-1% vs prior year
Spent
$152K
To programs
79%
Net assets
$283K
By yearFY2020–FY2025
Revenue
$90K
FY2025▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2020$88K
FY2021$94K
FY2022$141K
FY2023$97K
FY2024$91K
FY2025$90K
Expenses
$152K
FY2025▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$119K
FY2021$124K
FY2022$139K
FY2023$144K
FY2024$143K
FY2025$152K
Net assets
$283K
FY2025▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2020$475K
FY2021$445K
FY2022$446K
FY2023$399K
FY2024$345K
FY2025$283K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $120K Management & general 21% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vincent Vivona DO Jd
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
Stephan Lowy
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Victor Sbailo
President
$0Pt VII · Sec A
Patricia Carlesimo
Executive Director
$0Pt VII · Sec A
Crystal Fitzpatrick
Director of Finance
$0Pt VII · Sec A
See Residential Resources INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing for people with physical disabilities, promoting independent, healthy, and secure lives.

Questions for Residential Resources INC

Tap to ask. Residential Resources INC sees how many people are interested.

Your first name shows with your question. Residential Resources INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $120K · in their own filed words · FY2024
01

Provided a barrier-free environment and permitted adults who have developmental and multiple physical disabilities to reside in their own apartments within the community. 13 clients served for 365 days during the year. Additional funding for this program is provided through federal grants, as shown on form 990, part viii, line 1e.

$120Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$90K
Ln 12
Gifts and grantsLn 1h$46K
Fees for servicesLn 2g$44K
Investment incomeLn 3$8
Money outPt IX
$152K
Ln 25
Programscol B$120K
Managementcol C$32K
Owns and owesPt X
$283K
net assets · Ln 32
Cash and savingsLn 1–2$32K
Total assetsLn 16$540K
LiabilitiesLn 26$257K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$46K
Government grantsLn 1e$46K
Fees for servicesLn 2g$44K
Investment incomeLn 3$8
Total revenueLn 12$90K
Assets in detailPt X, end of year
CashLn 1$32K
Cash and savings togetherLn 1–2$32K
Land, buildings, equipmentLn 10c$449K
Other assetsLn 15$43K
Total assetsLn 16$540K
LiabilitiesLn 26$257K
Net assetsLn 32$283K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$85K$32K
Land, buildings, equipmentLn 10c$427K$449K
Total assetsLn 16$557K$540K
LiabilitiesLn 26$212K$257K
Net assetsLn 32$345K$283K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$5K$5K
Other employee benefitsLn 9$719$719
Payroll taxesLn 10$481$481
Management feesLn 11a$11K$11K
Accounting feesLn 11c$17K$17K
Office expensesLn 13$4K$4K
OccupancyLn 16$20K$20K
Depreciation, depletion and amortizationLn 22$41K$41K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$38K$38K
All other expensesLn 24e$162$96$66
Total functional expensesLn 25$152K$120K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $90K$152K−$62K$283K 990 PDF
FY2024 $91K$143K−$53K$345K 990 PDF
FY2023 $97K$144K−$47K$399K 990 PDF
FY2022 $141K$139K$2K$446K 990 PDF
FY2021 $94K$124K−$30K$445K 990 PDF
FY2020 $88K$119K−$31K$475K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $89,884 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $46,000$45,622
I-9 Program service revenuePrior year $44,810$44,254
I-10 Investment incomePrior year $6$8
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $90,816$89,884
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,020$6,020
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $137,299$146,015
I-18 Total expensesPrior year $143,319$152,035
I-19 Revenue less expensesPrior year −$52,503−$62,151
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $89,884 across 5 lines filed
VIII-1e Government grants$45,622
VIII-1h Total contributions, gifts and grants$45,622
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $44,254$44,254
VIII-3 Investment incomeExcluded from tax $8$8
VIII-12 Total revenueRelated to mission $44,254 · Unrelated business $0 · Excluded from tax $8$89,884
Part IX · Statement of functional expenses $152,035 across 11 lines filed
IX-7 Other salaries and wagesPrograms $4,820$4,820
IX-9 Other employee benefitsPrograms $719$719
IX-10 Payroll taxesPrograms $481$481
IX-11a Management feesManagement $10,800$10,800
IX-11c Accounting feesManagement $16,696$16,696
IX-13 Office expensesManagement $4,459$4,459
IX-16 OccupancyPrograms $19,916$19,916
IX-22 Depreciation, depletion and amortizationPrograms $40,666$40,666
IX-23 InsurancePrograms $15,483$15,483
IX-24 Other expenses (24a–d)Programs $37,833$37,833
IX-24e All other expensesPrograms $96 · Management $66$162
IX-25 Total functional expensesPrograms $120,014 · Management $32,021 · Fundraising $0$152,035
Part X · Balance sheet $540,343 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $84,840$32,447
X-4 Accounts receivableStart of year $8,371$14,186
X-9 Prepaid expenses and deferred chargesStart of year $862$1,462
X-10c Land, buildings and equipment, netStart of year $426,606$449,086
X-15 Other assetsStart of year $36,684$43,162
X-16 Total assetsStart of year $557,363$540,343
X-17 Accounts payable and accrued expensesStart of year $210,604$254,991
X-19 Deferred revenueStart of year $284$605
X-25 Other liabilitiesStart of year $1,346$1,751
X-26 Total liabilitiesStart of year $212,234$257,347
X-27 Net assets without donor restrictionsStart of year $83,139$46,871
X-28 Net assets with donor restrictionsStart of year $261,990$236,125
X-32 Total net assets or fund balancesStart of year $345,129$282,996
X-33 Total liabilities and net assetsStart of year $557,363$540,343
Part XI · Reconciliation of net assets $282,996 net assets at year end
XI-1 Total revenue$89,884
XI-2 Total expenses$152,035
XI-3 Revenue less expenses−$62,151
XI-4 Net assets at start of year$345,129
XI-9 Other changes in net assets$18
XI-10 Net assets at end of year$282,996

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.