Mission
TO PROVIDE AND/OR FACILITATE THE PROVISION OF SERVICES AND/OR PROGRAMS FOR PHYSICALLY AND/OR MENTALLY CHALLENGED OR DISABLED PERSONS AND THE ELDERLY IN A CORPORATE FACILITY OR PERSONAL HOME.
Public Charity
RESIDENT ADVANCEMENT INC
RESIDENT ADVANCEMENT INC, of FENTON, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.7M in revenue, $7.7M in expenses, $3.3M in total assets.
EIN: 382716661
FENTON, MI
Group Homes
NTEE: P73
Latest filing: 2025
Total Revenue$7.7M
Total Expenses$7.7M
Total Assets$3.3M
Grant Records0
Filing Years2020–2025
Where $100 goes at Resident Advancement Inc
How Resident Advancement Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$88
To provide and/or facilitate the provision of services and/or programs for physically and/or mentally challenged or disabled persons and the elderly in a corporate facility or personal home
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
EXEC DIRECTO
Beth Mays
BOARD MEMBER
Karen Hazzard
BOARD MEMBER
Marsha Ochodnicky
BOARD MBER/P
Rochelle Molyneaux
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $7.7M | $7.7M | $3.3M |
| 2024 | $7.5M | $7.5M | $3.3M |
| 2023 | $7.8M | $7.7M | $3.1M |
| 2021 | $6.8M | $6.7M | $3.0M |
| 2020 | $7.4M | $6.2M | $2.8M |
Between 2020 and 2025, reported annual revenue grew from $7.4M to $7.7M (+5%), with total assets most recently reported at $3.3M.
Interactive year-over-year charts and full filing details available with membership.