RESIDENTIAL MANAGEMENT SERVICESINC

EIN: 061031971 501(c)(3) Human Services

KENSINGTON, CT

Total Revenue
$6,290,100
Total Expenses
$6,256,363
Total Assets
$1,936,843
Net Assets
$-612,607
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CT
Principal Officer
JOSEPH DREXLER
Phone
8608288635
Tax Period
2023-07-01 to 2024-06-30

RESIDENTIAL MANAGEMENT SERVICESINC, founded in 1980, is a community nonprofit in the Human Services sector that reported $6.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

ASSIST IN THE MANAGEMENT, OPERATION, ADMINISTRATION AND OWNERSHIP OF NON- INSTITUTIONAL INDEPENDENT LIVING FACITLITIES FOR HANDICAPPED AND DEVELOPMENTALLY DISABLED PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,070
Program Service Revenue $6,289,532
Investment Income $-4,502
Other Revenue $0
TOTAL REVENUE $6,290,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,570,252
Fundraising Expenses $0
Program Expenses $5,738,758
Other Expenses $686,111
TOTAL EXPENSES $6,256,363

Year-over-Year Comparison

2023 2022 Change
Revenue $6,290,100 $5,769,258 +0.1%
Expenses $6,256,363 $5,849,292 +0.1%
Net Income $33,737 $-80,034 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
652
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$511,304
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH DREXLER EXECUTIVE DI 45.00
Officer
$294,635 $32,812 $327,447
DIANA SERRA BUSINESS DIR 40.00
Officer
$165,958 $17,899 $183,857
DONNA MARLOW DIRECTOR 0.50
Director
$0 $0 $0
BETTY ZOUBEK DIRECTOR 0.50
Director
$0 $0 $0
LORRIE CARLSON DIRECTOR 0.50
Director
$0 $0 $0
STEVEN WOLLMAN PRESIDENT 0.50
Officer Director
$0 $0 $0
JOSEPH MILARDO TREASURER 0.50
Officer Director
$0 $0 $0
CHRIS GONZALEZ SECRETARY 0.50
Officer Director
$0 $0 $0
ROBIN TROWBRIDGE AREA DIRECTO 40.00
Highest
$162,088 $29,919 $192,007
JULIA CASEY AREA DIRECTO 40.00
Highest
$151,810 $29,582 $181,392
THOMAS KABELKA NURSE 40.00
Highest
$151,868 $28,377 $180,245
PAULA DOOLITTLE AREA DIRECTO 40.00
Highest
$150,496 $29,508 $180,004
KIM STENGL-SAMUK NURSE 40.00
Highest
$118,592 $15,413 $134,005
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $6,290,100 $6,256,363 $1,936,843 $33,737
2023 $5,769,258 $5,849,292 $2,231,851 $-80,034
2022 $4,891,857 $4,886,796 $1,829,894 $5,061
2021 $4,973,544 $5,042,313 $2,973,272 $-68,769
2020 $4,656,411 $4,689,220 $2,444,200 $-32,809
2019 $4,050,857 $4,103,210 $1,866,413 $-52,353
2018 $3,829,374 $3,882,495 $1,940,089 $-53,121
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RESIDENTIAL MANAGEMENT SERVICESINC with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.