MIDDLETOWN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW ENGLAND RESIDENTIAL SERVICES INC, founded in 1987, is a community nonprofit in the Mental Health sector that reported $8.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
FORM 990, PART III, LINE 1. THE PURPOSE IS TO PROVIDE LIVING ARRANGEMENTS AND SUPPORT FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES, TO HELP PEOPLE WITH DEVELOPMENTAL DISABILITIES MAKE CHOICES ABOUT THEIR LIVES, AND TO SUPPORT PEOPLE WITH DEVELOPMENTAL DISABILITIES AT HOME AND AT WORK SO THAT THEY MAY PARTICIPATE AND CONTRIBUTE TO THEIR COMMUNITY.
THE ORGANIZATION OPERATES GROUP HOMES AND COMMUNITY INTEGRATION PROGRAMS FOR 38 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,975,208 | $7,343,120 | +0.1% |
| Expenses | $7,836,674 | $7,265,167 | +0.1% |
| Net Income | $138,534 | $77,953 | +0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MAUREEN FEITELSON | EXEC. DIR. | 40.00 |
Officer
|
$105,903 | $42,195 | $148,098 |
| SALLY BONITO | FINANCE DIRE | 40.00 |
Officer
|
$90,969 | $24,543 | $115,512 |
| DEBORAH BURT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JILL WARZECHA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREW BLACK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TAMMY GRELISH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HEATHER COLELLA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MELISSA O'HARA | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN PROVOST | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATE SADOWSKI | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINNA ELLIS | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $7,975,208 | $7,836,674 | $4,898,847 | $138,534 |
| 2023 | $7,343,120 | $7,265,167 | $4,612,295 | $77,953 |
| 2022 | $6,660,927 | $6,576,424 | $3,999,554 | $84,503 |
| 2021 | $7,606,487 | $6,837,991 | $4,046,215 | $768,496 |
| 2020 | $6,994,272 | $6,855,734 | $4,441,459 | $138,538 |
| 2019 | $6,684,830 | $6,525,911 | $3,283,854 | $158,919 |
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