Overview
What is Rose Community Development Corporation?
Rose Community Development Corporation is a nonprofit organization based in New Orleans, Louisiana, specifically at 2533 Columbsus Street, ZIP code 70119. Their primary mission is to support the reinvestment of the Bayou Road Corridor by realizing the vision for the Rose Collaborative. This initiative involves repurposing the long-vacant St. Rose de Lima Church and Parochial School buildings into a hub for education, art, and community enterprise. The corporation engages the community through the Rose Collaborative project, conducting outreach and activities along Bayou Road.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
The Rose Community Development Corporation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 40% is primarily derived from a single beacon score focused on Accountability & Finance, suggesting that the organization may not be effectively utilizing its resources in support of its mission.
Despite the low financial score, the organization does demonstrate strengths in governance. It has a fully independent board, with all ten members meeting the criteria for independence, and it maintains a conflict of interest policy. The organization also documents board meeting minutes, which reflects a level of transparency in its operations.
However, the financial metrics reveal troubling aspects, with a liabilities-to-assets ratio of 4.80% and a program expense ratio of 0.00%. These figures indicate that the organization may not be allocating any of its resources toward its programs, raising concerns about its overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Rose Community Development Corporation legitimate?
Rose Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Community Development Corporation 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 Rose Community Development Corporation?
The Rose Community Development Corporation is a nonprofit organization established with the goal of reinvesting in the Bayou Road Corridor. They aim to achieve this by realizing the vision of the Rose Collaborative, which involves repurposing the long-vacant St. Rose de Lima Church and Parochial School buildings into a hub for education, art, and community enterprise. This initiative aims to provide a space that fosters learning, creativity, and community development, contributing positively to the local community.
Who is the CEO of Rose Community Development Corporation?
Lisa Amoss is the Director of Rose Community Development Corporation.
What is the revenue of Rose Community Development Corporation?
Rose Community Development Corporation's revenue in 2022 was -$5,660.
Who are the executives of Rose Community Development Corporation and what are their salaries?
There 5 volunteers at Rose Community Development Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Rose Community Development Corporation?
Rose Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rose Community Development Corporation
The Rose Community Development Corporation, a nonprofit organization, was established with a mission to support the reinvestment of the Bayou Road Corridor. They aim to realize the vision for the Rose Collaborative, an initiative that repurposes the long-vacant St. Rose de Lima Church and Parochial School buildings into a multi-purpose space for education, art, and community enterprise. This endeavor seeks to revitalize the community by transforming these historic buildings into a hub for various activities, fostering a sense of community and engagement.
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Impact
October, 2024
Rose Community Development Corporation significantly impacts the Bayou Road Corridor by spearheading the redevelopment of the historic St. Rose de Lima Church and Parochial School. This initiative transforms these long-vacant buildings into vibrant spaces dedicated to education, art, and community enterprise. By fostering community engagement throughout the process, the organization not only revitalizes the physical space but also strengthens community ties and encourages local participation in shaping their environment. The Rose Collaborative serves as a model for sustainable development, addressing the needs and aspirations of the neighborhood while promoting cultural richness and economic opportunity.
This information is meant to be a general summary of Rose Community Development Corporation. 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: $228,786
- Gross Receipts: $594,617
Assets and Liabilities:
- Total Assets: $1,084,075
- Total Liabilities: $52,186
- Net Assets: $1,031,889
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Organization Details
Founding Year
2009
Phone
(202) 669-3309Principal Officer
Lisa Amoss
Main Address
2533 COLUMBUS ST, NEW ORLEANS, LA, 70119
NTEE Category
Code: S31 - Community improvement
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