Resources For Community Living
- Assets
- $766.1k
- Revenue
- $193.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Rolling Meadows, IL
- Founding
- 06/1994
- Data as of
- 06/2024
- EIN
- 36-3922154
Organization Overview
Resources For Community Living is located in Rolling Meadows, IL. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2024, Resources For Community Living employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resources For Community Living is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Resources For Community Living generated $193.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $268.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING OPTIONS TO ADULTS WITH DEVELOPMENTAL AND/OR PHYSICAL DISABILITIES IN ORDER FOR THEM TO ACHIEVE SELF-ESTEEM, DIGNITY, AND PARTICIPATION IN ALL ASPECTS OF COMMUNITY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SHARED HOUSING OPTIONS AND INDIVIDUALIZED SUPPORT SERVICES FOR PERSONS WITH DEVELOPMENTAL DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Farruggia Trustee | Trustee | 1 | $0 |
Diane Burke Trustee | Trustee | 1 | $0 |
Anita Morse Vice-President | Trustee | 1 | $0 |
James Warp Trustee | Trustee | 1 | $0 |
Nicholas G Koclanis President | Officer | 1 | $0 |
Barry Burke Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,397 |
| Related organizations | $0 |
| Government grants | $24,951 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,903 |
| Total Program Service Revenue | $42,985 |
| Investment income | $1,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,209 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,902 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,738 |
| Fees for services: Accounting | $8,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,237 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,962 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,385 |
| Insurance | $10,528 |
| All other expenses | $7,401 |
| Total functional expenses | $267,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,530 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,438 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,188 |
| Prepaid expenses and deferred charges | $3,194 |
| Net Land, buildings, and equipment | $728,769 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $766,119 |
| Accounts payable and accrued expenses | -$1,810 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $365,822 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,135 |
| Total liabilities | $367,147 |
| Net assets without donor restrictions | $398,972 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $766,119 |