Rosewood Apartments Inc
- Assets
- $427.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malvern, AR
- Founding
- 06/1996
- Data as of
- 06/2024
- EIN
- 71-0784010
Organization Overview
Rosewood Apartments Inc is located in Malvern, AR. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosewood Apartments Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Rosewood Apartments Inc generated $153.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $155.7k during the year ending 06/2024. While expenses have increased by 2.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW-INCOME HOUSING TO ELDERLY IN HARRISBURG, ARKANSAS IN ACCORDANCE WITH RQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Carl Schultz President | 0 | $0 | |
Cynthia Wheeler Secretary | 0 | $0 | |
Jeffrey Owens Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $153,324 |
| Membership dues | $0 |
| Investment income | $166 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,490 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,715 |
| Professional fees and other payments to independent contractors | $27,002 |
| Occupancy, rent, utilities, and maintenance | $10,748 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,200 |
| Total expenses | $155,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,687 |
| Other assets | $0 |
| Total assets | $427,859 |
| Total liabilities | $13,873 |
| Net assets or fund balances | $413,986 |