Overview
What is Rosewood Cordele Development Inc?
Rosewood Cordele Development Inc is a nonprofit organization situated in Smyrna, Georgia, with a specific focus on providing affordable housing for low-income individuals. The organization has successfully established and manages a 56-unit rental facility named Rosewood Estates, located in Cordele, Georgia. Their mission is centered around acquiring, constructing, owning, and operating this residential complex to cater to the housing needs of this demographic.
Is Rosewood Cordele Development Inc legitimate?
Rosewood Cordele Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosewood Cordele Development 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.
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What is the mission statement of Rosewood Cordele Development Inc?
Rosewood Cordele Development Inc's mission is centered around acquiring, constructing, and operating a 56-unit rental housing facility, known as Rosewood Estates, primarily for low-income residents. The organization's primary objective is to provide affordable housing solutions for self-sufficient individuals in need. By owning and operating this facility, the company seeks to contribute positively to the community, providing a much-needed resource for individuals who may not otherwise have access to suitable housing options.
Who is the CEO of Rosewood Cordele Development Inc?
Mark Du Mas is the President of Rosewood Cordele Development Inc.
What is the revenue of Rosewood Cordele Development Inc?
Rosewood Cordele Development Inc's revenue in 2022 was $452,944.
Who are the executives of Rosewood Cordele Development 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 Rosewood Cordele Development Inc?
Rosewood Cordele Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rosewood Cordele Development Inc
Rosewood Cordele Development Inc, as a mission-driven organization, aims to acquire, construct, own, and operate a 56-unit rental housing facility catering to low-income residents. This project, known as Rosewood Estates, is strategically located in Cordele, Georgia. The organization's purpose is to provide affordable housing for self-sufficient individuals, ensuring they have a secure living environment. By managing and operating this facility, Rosewood Cordele Development Inc contributes to the community by offering housing solutions for those in need.
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Impact
October, 2024
Rosewood Cordele Development Inc significantly impacts the community by providing affordable housing through its Rosewood Estates project in Cordele, Georgia. By acquiring, constructing, and operating a facility with 56 rental units, the organization addresses the pressing need for low-income housing, enabling self-sufficient residents to find stable and affordable living arrangements. This initiative not only enhances the quality of life for these individuals and families but also fosters a sense of community and security. Ultimately, the development contributes to the overall socio-economic uplift of the region by ensuring that low-income residents have access to safe and decent housing.
This information is meant to be a general summary of Rosewood Cordele Development 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.
- Investment Income: $4,849
- Program Service Revenue: $448,095
- Gross Receipts: $452,944
Assets and Liabilities:
- Total Assets: $6,788,592
- Total Liabilities: $1,181,774
- Net Assets: $5,606,818
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$448,095
Organization Details
Founding Year
2009
Phone
(770) 431-9696Principal Officer
Mark Du Mas
Main Address
2730 CUMBERLAND BOULEVARD, SMYRNA, GA, 30080
NTEE Category
Code: L22 - Housing
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