Civic Intelligence

Residential Options Inc.

990 • Fiscal year 2018 • EIN 54-1614700

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 03, 2021

Organization ProfileN/A
555 E Main Street 17th FloorNorfolk, VA 23510

(757) 623-1111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

7.79x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-96%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

55th percentile

3.1%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-9.3%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$917,919

Up $27,918 (+3.1%) from 2017

Net Assets

Down

$126,845

Down $97,940 (-44%) from 2017

Liabilities

Up

$791,074

Up $125,858 (+19%) from 2017

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

Down

$101,550

Down $10,420 (-9.3%) from 2017

Expenses

Up

$199,490

Up $34,189 (+21%) from 2017

Net Income

Down

-$97,940

Down $44,609 (-84%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $1,191,065Liabilities 2010: $827,308Net Assets 2010: $363,7572010Assets 2011: $1,180,564Liabilities 2011: $797,071Net Assets 2011: $383,4932011Assets 2012: $1,143,828Liabilities 2012: $779,312Net Assets 2012: $364,5162012Assets 2013: $1,116,672Liabilities 2013: $751,830Net Assets 2013: $364,8422013Assets 2014: $1,081,577Liabilities 2014: $726,566Net Assets 2014: $355,0112014Assets 2015: $1,011,848Liabilities 2015: $698,519Net Assets 2015: $313,3292015Assets 2016: $944,014Liabilities 2016: $665,898Net Assets 2016: $278,1162016Assets 2017: $890,001Liabilities 2017: $665,216Net Assets 2017: $224,7852017Assets 2018: $917,919Liabilities 2018: $791,074Net Assets 2018: $126,8452018Assets 2019: $1,045,010Liabilities 2019: $966,573Net Assets 2019: $78,4372019Assets 2020: $1,187,511Liabilities 2020: $928,026Net Assets 2020: $259,4852020Assets 2021: $1,148,921Liabilities 2021: $869,181Net Assets 2021: $279,7402021Assets 2022: $1,237,402Liabilities 2022: $1,019,291Net Assets 2022: $218,1112022

Highlighted filing

2018

Assets$917,919
Liabilities$791,074
Net Assets$126,845
Open 2018 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2010: $301,6772010Expenses 2011: $150,2842011Expenses 2012: $183,8082012Revenue 2013: $191,597Expenses 2013: $191,271Net Income 2013: $3262013Revenue 2014: $192,650Expenses 2014: $202,481Net Income 2014: -$9,8312014Revenue 2015: $157,054Expenses 2015: $198,736Net Income 2015: -$41,6822015Revenue 2016: $158,138Expenses 2016: $193,351Net Income 2016: -$35,2132016Revenue 2017: $111,970Expenses 2017: $165,301Net Income 2017: -$53,3312017Revenue 2018: $101,550Expenses 2018: $199,490Net Income 2018: -$97,9402018Revenue 2019: $132,986Expenses 2019: $181,394Net Income 2019: -$48,4082019Revenue 2020: $341,568Expenses 2020: $174,962Net Income 2020: $166,6062020Revenue 2021: $220,290Expenses 2021: $200,632Net Income 2021: $19,6582021Revenue 2022: $137,356Expenses 2022: $195,613Net Income 2022: -$58,2572022

Highlighted filing

2018

Revenue$101,550
Expenses$199,490
Net Income-$97,940
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 3, 2021
Return Version
2018v3.2
Gross Receipts
$101,550
Mission and Program Overview

Mission

To provide housing for the mentally disadvantaged citizens of norfolk.

To provide housing for the mentally disadvantaged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$710,879$748,693▲ $37,814
Cash and Non-Interest-Bearing Accounts$42,617$29,206▼ $13,411
Prepaid Expenses and Deferred Charges$22,533$10,814▼ $11,719
Intangible Assets$7,457$0▼ $7,457
Accounts Receivable-$3,534-
Total Assets$890,001$917,919▲ $27,918
Other Assets Total$106,515$125,672▲ $19,157
Liabilities
Mortgage Notes Payable Secured by Investment Property$654,445$680,944▲ $26,499
Accounts Payable and Accrued Expenses$10,771$110,130▲ $99,359
Total Liabilities$665,216$791,074▲ $125,858
Net Assets / Fund Balance
Unrestricted Net Assets$224,785$126,845▼ $97,940
Total Net Assets Fund Balance$224,785$126,845▼ $97,940
Total Liabilities and Net Assets / Fund Balance$890,001$917,919▲ $27,918

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$591,344$449,641$1,040,985
Land$143,750-$143,750
Other Land Buildings$13,599$97,849$111,448
Other Assets Org$106,317--
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Bruck HolbrookPresident
Clara GravesBoard Member
Donna MillsBoard Member
John KownackBoard Member
Michael ClarkBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,831
Investment Income
$1,719
Other Revenue
$0
Change in Net Assets
$-97,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,149
Salaries, Compensation, and Employee Benefits$6,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$39,894--$39,894
Depreciation Depletion$29,732--$29,732
Other Expenses$22,101--$22,101
Insurance$15,492--$15,492
Fees for Services Management$14,898--$14,898
Fees for Services Accounting-$5,925-$5,925
Other Salaries and Wages-$4,887-$4,887
Fees for Services Legal-$854-$854
Pension Plan Contributions-$571-$571
Payroll Taxes-$462-$462
Other Employee Benefits-$421-$421
Total Functional Expenses$186,370$13,120$0$199,490
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organization's board of directors members review form 990 prior to its filing.”

Form 990, Part VI, Section C, Line 19

“Organization makes governing documents, conflict of interest policy, and financial statements available to the public upon request. Financial statements are also available for public inspection through guide star.”

Filing and Contact Details

Filer

Filer Name
Residential Options Inc
EIN
54-1614700
Phone
7576231111
Address
555 E MAIN STREET 17TH FLOOR, NORFOLK, VA 23510

Signing Officer

Name
Ronald Jackson
Title
Executive Director
Phone
7576231111
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Jackson
Formed
1992
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Dixon Hughes Goodman Llp
Address
440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
Preparer
Lakrisha J Watson
Phone
7576245100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and the statutes of the commonwealth of virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The organization has determined that it does not have any material unrecognized tax benefits or obligations as of december 31, 2018.”

Raw XML Appendix369 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010771
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110130
IRS990/AccountsReceivableGrp/EOYAmt03534
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR THE MENTALLY DISADVANTAGED.
IRS990/AddressChangeInd0X
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NRHA
IRS990/BooksInCareOfDetail/PhoneNum07576231111
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0550 E MAIN STREET 17TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORFOLK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023510
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt042617
IRS990/CashNonInterestBearingGrp/EOYAmt029206
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01719
IRS990/CYOtherExpensesAmt0193149
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt099831
IRS990/CYRevenuesLessExpensesAmt0-97940
IRS990/CYSalariesCompEmpBnftPaidAmt06341
IRS990/CYTotalExpensesAmt0199490
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0101550
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt029732
IRS990/DepreciationDepletionGrp/TotalAmt029732
IRS990/Desc0RESIDENTIAL OPTIONS, INC., A VIRGINIA NON-PROFIT CORPORATION WAS ORGANIZED IN 1992 TO OPERATE APARTMENTS FOR MENTALLY DISADVANTAGED CONSUMERS WHO ARE SUPERVISED BY THE NORFOLK COMM SERVICE BD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0186370
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05925
IRS990/FeesForServicesAccountingGrp/TotalAmt05925
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0854
IRS990/FeesForServicesLegalGrp/TotalAmt0854
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt014898
IRS990/FeesForServicesManagementGrp/TotalAmt014898
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0BRUCK HOLBROOK
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN KOWNACK
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm4CLARA GRAVES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0101550
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt015492
IRS990/InsuranceGrp/TotalAmt015492
IRS990/IntangibleAssetsGrp/BOYAmt07457
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt039894
IRS990/InterestGrp/TotalAmt039894
IRS990/InvestmentIncomeGrp/ExclusionAmt01719
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01719
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0547490
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0710879
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0748693
IRS990/LandBldgEquipCostOrOtherBssAmt01296183
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR THE MENTALLY DISADVANTAGED CITIZENS OF NORFOLK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0654445
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0680944
IRS990/NetAssetsOrFundBalancesBOYAmt0224785
IRS990/NetAssetsOrFundBalancesEOYAmt0126845
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0106515
IRS990/OtherAssetsTotalGrp/EOYAmt0125672
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0421
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0421
IRS990/OtherExpensesGrp/Desc0MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc1WATER & SEWER
IRS990/OtherExpensesGrp/Desc2ELECTRICITY
IRS990/OtherExpensesGrp/ProgramServicesAmt040491
IRS990/OtherExpensesGrp/ProgramServicesAmt123762
IRS990/OtherExpensesGrp/ProgramServicesAmt222101
IRS990/OtherExpensesGrp/TotalAmt040491
IRS990/OtherExpensesGrp/TotalAmt123762
IRS990/OtherExpensesGrp/TotalAmt222101
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04887
IRS990/OtherSalariesAndWagesGrp/TotalAmt04887
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0462
IRS990/PayrollTaxesGrp/TotalAmt0462
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0571
IRS990/PensionPlanContributionsGrp/TotalAmt0571
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022533
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010814
IRS990/PrincipalOfficerNm0RONALD JACKSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME TENANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099831
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099831
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0848
IRS990/PYOtherExpensesAmt0165301
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0111122
IRS990/PYRevenuesLessExpensesAmt0-53331
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0165301
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0111970
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-97940
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt099831
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2015 AMOUNT: $ 1,318.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01719
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0848
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0680
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0700
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04584
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt099831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0111122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0157458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0155099
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0191950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0715460
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0680
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0637
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0700
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04584
IRS990ScheduleA/InvestmentIncomeCYPct00.00640
IRS990ScheduleA/InvestmentIncomePYPct00.00460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01318
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01318
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99180
IRS990ScheduleA/PublicSupportPY509Pct00.99200
IRS990ScheduleA/PublicSupportTotal509Amt0715460
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0111122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0157458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0155099
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0191950
IRS990ScheduleA/Total509Grp/TotalAmt0715460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0111970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0158138
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0157054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0192650
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0721362
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0591344
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0449641
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01040985
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0143750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0143750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt019355
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1106317
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013599
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt097849
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0111448
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0748693
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0125672
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS MEMBERS REVIEW FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE FOR PUBLIC INSPECTION THROUGH GUIDE STAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0890001
IRS990/TotalAssetsEOYAmt0917919
IRS990/TotalAssetsGrp/BOYAmt0890001
IRS990/TotalAssetsGrp/EOYAmt0917919
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013120
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0186370
IRS990/TotalFunctionalExpensesGrp/TotalAmt0199490
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0665216
IRS990/TotalLiabilitiesEOYAmt0791074
IRS990/TotalLiabilitiesGrp/BOYAmt0665216
IRS990/TotalLiabilitiesGrp/EOYAmt0791074
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0224785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0126845
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0186370
IRS990/TotalProgramServiceRevenueAmt099831
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01719
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099831
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0101550
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0890001
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0917919
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0224785
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0126845
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0555 E MAIN STREET 17TH FLOOR
IRS990/USAddress/CityNm0NORFOLK
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023510
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD JACKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07576231111
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESIDENTIAL OPTIONS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O NRHA
ReturnHeader/Filer/BusinessNameControlTxt0RESI
ReturnHeader/Filer/EIN0541614700
ReturnHeader/Filer/PhoneNum07576231111
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 E MAIN STREET 17TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NORFOLK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023510
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560747981
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIXON HUGHES GOODMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0440 MONTICELLO AVE SUITE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023510
ReturnHeader/PreparerPersonGrp/PhoneNum07576245100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAKRISHA J WATSON
ReturnHeader/ReturnTs02021-11-11T06:32:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$917,919
Liabilities
$791,074
Net assets
$126,845
Revenue
$101,550
Expenses
$199,490
Net income
-$97,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.24$1.02$0.22$0.14$0.20$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.87$0.28$0.22$0.20$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.93$0.26$0.34$0.17$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.97$0.08$0.13$0.18$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.79$0.13$0.10$0.20$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.67$0.22$0.11$0.17$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.67$0.28$0.16$0.19$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.70$0.31$0.16$0.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.73$0.36$0.19$0.20$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.75$0.36$0.19$0.19$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.78$0.36$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.80$0.38$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.83$0.36$0.30