Residential Care Services Inc

EIN: 251444331 501(c)(3) Housing & Shelter

Pittsburgh, PA

Total Revenue
$4,220,895
Total Expenses
$4,169,767
Total Assets
$2,885,211
Net Assets
$2,375,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
PA
Principal Officer
Tom Cloherty
Phone
4122712990
Tax Period
2024-07-01 to 2025-06-30

Residential Care Services Inc, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $4.2M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

To enhance the quality of life for people in mental health recovery by providing individualized services and community based support while promoting dignity, health and wellness.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,873,949
Program Service Revenue $300,108
Investment Income $46,838
Other Revenue $0
TOTAL REVENUE $4,220,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,973,212
Fundraising Expenses $0
Program Expenses $3,309,971
Other Expenses $1,196,555
TOTAL EXPENSES $4,169,767

Year-over-Year Comparison

2024 2023 Change
Revenue $4,220,895 $5,271,244 -0.2%
Expenses $4,169,767 $5,232,287 -0.2%
Net Income $51,128 $38,957 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
13
Independent Members
13
Employees
77
Volunteers
11

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
$152,913
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Cloherty Executive Direc 40.00
Officer
$142,771 $10,142 $152,913
Dixie Leonard Board Member 5.00
Director
$0 $0 $0
Steve Tarosky Treasurer 5.00
Officer Director
$0 $0 $0
Pat Zerega Board Member 5.00
Director
$0 $0 $0
Sandra Aitken Secretary 5.00
Officer Director
$0 $0 $0
Jennifer Concannon Board Member 5.00
Director
$0 $0 $0
Dena Petrella Board Member 5.00
Director
$0 $0 $0
Sandra Lewis Board Member 5.00
Director
$0 $0 $0
Mary Jo Guercio Board Member 5.00
Director
$0 $0 $0
Lee Lundberg Board Member 5.00
Director
$0 $0 $0
Chuck Pegher Vice President 5.00
Officer Director
$0 $0 $0
Mark Phillis Board Member 5.00
Director
$0 $0 $0
Bill Eritz President 5.00
Officer Director
$0 $0 $0
Kimberly Clinebell Board Member 5.00
Director
$0 $0 $0
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 $4,220,895 $4,169,767 $2,885,211 $51,128
2024 $5,271,244 $5,232,287 $2,983,160 $38,957
2023 $5,281,775 $5,271,581 $2,867,198 $10,194
2022 $5,242,070 $5,191,417 $2,843,306 $50,653
2021 $5,477,405 $5,450,252 $3,165,700 $27,153
2020 $5,263,469 $5,251,427 $3,452,697 $12,042
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