Overview
What is Rosemoor Community Association Inc?
Rosemoor Community Association Inc, located at 10205 S King Drive, Chicago, Illinois 60628, is a nonprofit organization dedicated to enhancing the well-being of the community. Their primary objective is to foster mutual cooperation among property owners, residents, and individuals interested in the Rosemoor area. To accomplish this mission, they engage in various activities, such as promoting beneficial programs and investments to uplift the Roseland community. The Association's purpose extends beyond its members, aiming to contribute positively to the general welfare of the surrounding community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30%, Zero-Star out of Four Star rating.
The Rosemoor Community Association Inc has received a low score of 30%, which translates to a Zero-Star rating. This rating is primarily based on its Accountability & Finance metrics, highlighting significant gaps in transparency and governance practices. The overall score reflects a lack of adherence to best practices, particularly in areas such as conflict of interest policy, whistleblower policy, and the availability of board meeting minutes.
Despite some strengths, such as having a fully independent board and no material diversion of assets, the organization has several critical deficiencies. The absence of essential documents on its website, including tax forms and policies related to document retention, raises concerns about accountability. Furthermore, the low program expense ratio suggests that a relatively small portion of its resources is being directed toward programs, which may impact its effectiveness in serving the community.
Overall, while the Rosemoor Community Association Inc shows some positive aspects regarding board independence, its substantial shortcomings in governance and transparency significantly overshadow these strengths, leading to a poor rating from Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is Rosemoor Community Association Inc legitimate?
Rosemoor Community Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosemoor Community Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Rosemoor Community Association Inc?
The mission of Rosemoor Community Association Inc is centered around promoting the well-being of the community. Their objective is to support positive programs and investments, aiming to enhance the living conditions in the Roseland area. The association's purpose extends beyond property owners, also catering to the interests of residents and others concerned with the community's welfare. They endeavor to improve the common good and general wellbeing of this community.
Who is the CEO of Rosemoor Community Association Inc?
Gloria Cosey is the President of Rosemoor Community Association Inc.
What is the revenue of Rosemoor Community Association Inc?
Rosemoor Community Association Inc's revenue in 2022 was $49,285.
Who are the executives of Rosemoor Community Association Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Rosemoor Community Association Inc?
Rosemoor Community Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rosemoor Community Association Inc
Rosemoor Community Association Inc, with a mission to promote the common good, is dedicated to enhancing the welfare of its community. Their primary objective is to initiate and support beneficial programs and investments aimed at improving the living conditions of the residents in the Rosemoor area. The association's purpose extends beyond property owners, encompassing the interests of all individuals who share a vested interest in the well-being of the Rosemoor community.
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Impact
August, 2024
Rosemoor Community Association Inc is making a significant impact in promoting positive programs and investments to improve the Roseland community in Chicago, IL. Through its activities, the association is working towards promoting the common good and general welfare of property owners, residents, and others interested in the Rosemoor community. By focusing on philanthropic efforts, Rosemoor Community Association Inc is actively contributing to the betterment of the community and enhancing the quality of life for its residents.
This information is meant to be a general summary of Rosemoor Community Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $49,285
Assets and Liabilities:
- Total Assets: $10,273
- Total Liabilities: $0
- Net Assets: $10,273
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Organization Details
Founding Year
1941
Principal Officer
Gloria Cosey
Main Address
10205 S King Drive, Chicago, IL, 60628
NTEE Category
Code: T20 - Philanthropy
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