Nonprofit · EIN 04-2867643
RESIDENTIAL OPTIONS INC
Tax-exempt · DANVERS, MA 01923
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $90,256 | $119,095 | -$28,839 | $449,702 | $700,980 | -$251,278 |
| June 30, 2024 | 990 | $73,850 | $117,036 | -$43,186 | $413,978 | $636,417 | -$222,439 |
| June 30, 2023 | 990 | $71,419 | $93,985 | -$22,566 | $432,448 | $611,701 | -$179,253 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $90,201
- Investment income
- $55
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,600
- Occupancy
- $81,813
- Depreciation
- $24,326
- Program services (functional)
- $113,841
- Management and general (functional)
- $5,254
Balance sheet and other
- Total assets, start of year
- $413,978
- Total assets, end of year
- $449,702
- Total liabilities, end of year
- $700,980
- Net assets, end of year
- -$251,278
- Land, buildings and equipment
- $401,888
- Net assets without donor restrictions
- -$888,878
- Net assets with donor restrictions
- $637,600
- Gross receipts
- $90,256
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1985
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO ANN SIMONS | PRESIDENT/DIRECTOR Officer | 1 | $0 | $408,606 | $213,914 |
| CYNTHIA PARK | CLERK/DIRECTOR Officer | 1 | $0 | $222,906 | $35,691 |
| JOANNE PLOURDE | TREASURER/DIRECTOR (UNTIL 10/2024) Officer | 1 | $0 | $157,666 | $11,866 |
| JULIE CUMMINGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE HARRINGTON | DIRECTOR (UNTIL 5/25) Trustee or director | 1 | $0 | $0 | $0 |
| SHARI MUNRO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO ANN SIMONS | PRESIDENT/DIRECTOR Officer | 1 | $0 | $396,082 | $211,478 |
| CYNTHIA PARK | CLERK/DIRECTOR Officer | 1 | $0 | $225,867 | $32,541 |
| JOANNE PLOURDE | TREASURER/DIRECTOR Officer | 1 | $0 | $168,379 | $15,710 |
| JULIE CUMMINGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE HARRINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHARI MUNRO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JO ANN SIMONS | PRESIDENT/DIRECTOR Officer | 1 | $0 | $425,154 | $209,645 |
| CYNTHIA PARK | TREASURER/DIRECTOR Officer | 1 | $0 | $245,453 | $19,973 |
| JOANNE PLOURDE | CLERK/DIRECTOR Officer | 1 | $0 | $182,205 | $14,731 |
| JULIE CUMMINGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE HARRINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHARI MUNRO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 SOUTHSIDE RD, DANVERS, MA 01923-1408
- Principal officer (990 for 2024)
- CYNTHIA PARK, 1 SOUTHSIDE ROAD, DANVERS, MA 01923
- Signed the 990
- CYNTHIA PARK, CFO
- Phone
- (978) 762-4878
- Website
- WWW.NE-ARC.ORG
- Return prepared by
- AAFCPAS INC
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.
Program accomplishments
- REAL ESTATE - RESIDENTIAL OPTIONS, INC. OWNS THREE CONDO UNITS AND A RESIDENTIAL BUILDING WHICH IS HOME TO SEVEN INDIVIDUALS WITH DISABILITIES WHO ARE RECEIVING SERVICES THROUGH PROGRAMS OPERATED BY NORTHEAST ARC, INC., AN AFFILIATED 501(C)(3) NON-PROFIT CORPORATION.Expenses $113,841 · revenue $90,201
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2867643
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $449,702
- Income (IRS master file)
- $90,256
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $90,256 | $119,095 | $449,702 | IRS |
| 990 | June 2024 | $73,850 | $117,036 | $413,978 | XML |
| 990 | June 2023 | $71,419 | $93,985 | $432,448 | XML |
| 990 | June 2022 | $65,728 | $95,062 | $433,410 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2867643).
Questions about RESIDENTIAL OPTIONS INC
- What is the EIN of RESIDENTIAL OPTIONS INC?
- The employer identification number (EIN) of RESIDENTIAL OPTIONS INC is 04-2867643.
- Is RESIDENTIAL OPTIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to RESIDENTIAL OPTIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RESIDENTIAL OPTIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RESIDENTIAL OPTIONS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RESIDENTIAL OPTIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RESIDENTIAL OPTIONS INC?
- The 990 for the year ended June 30, 2025 names CYNTHIA PARK.
- Who are the officers and directors of RESIDENTIAL OPTIONS INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RESIDENTIAL OPTIONS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $90,256, expenses of $119,095 and total assets of $449,702 at year end.
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