Residential Options Inc.

Fiscal year ending 2024. Filed on February 26, 2025.

1 Southside Road
Danvers, Massachusetts 01923

Residential Options Inc. (EIN: 04-2867643) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Residential Options Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $350,019. The highest compensated employee at Residential Options Inc. is Jo Ann Simons with fiscal year 2024 compensation of $607,560.

Revenue, expenses, and employee compensation

Revenue

$73,850

Expenses

$117,036

Employee compensation

Reported Compensated Employees

－4.3%vs 2023

Jo Ann Simons

President and Director

$607,560

$0 from org$396,082 from related$211,478 other

$0 from org$225,867 from related$32,541 other

－6.5%vs 2023

Joanne Plourde

Treasurer and Director

$184,089

$0 from org$168,379 from related$15,710 other

Non-Employee Board Members

Mission Statement

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.