Overview
What is Rose Hill Townhouses Inc?
Rose Hill Townhouses Inc is a nonprofit organization situated in Commerce City, Colorado, specifically at 5832 E 62nd Ave. Their primary mission lies in providing affordable housing solutions for low-income individuals and families residing within the broader Denver metropolitan area. With a dedicated workforce of eight employees, they are committed to making a positive impact on the community by offering affordable housing opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Rose Hill Townhouses Inc has received a score of 67%, which reflects a moderate level of accountability and financial health. The organization has achieved full marks for having an entirely independent board, with 100% of board members meeting this criterion. Furthermore, the nonprofit has demonstrated good practices in documentation, as evidenced by their record-keeping of board meeting minutes.
The organization shows a strong program expense ratio of 94.41%, indicating that a significant portion of its expenses is directed towards its programs. Additionally, the liabilities to assets ratio stands at a healthy 24.53%, suggesting that the organization is managing its debts effectively. However, despite these strengths, the overall rating of two stars indicates that there may be areas for improvement in financial management and transparency that could enhance the trust and support from potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rose Hill Townhouses Inc legitimate?
Rose Hill Townhouses Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Hill Townhouses 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: $131,657
For more financial information, click here
What is the mission statement of Rose Hill Townhouses Inc?
Rose Hill Townhouses Inc, as an organization, is committed to providing affordable housing solutions for individuals and families with low income residing in a larger urban area. Their mission is to make housing accessible and affordable, thereby contributing positively to the lives of those in need. They offer housing within the Denver metropolitan area, ensuring that affordable housing remains a viable option for this demographic. By doing so, they aim to contribute to a more equitable living environment for this income group.
Who is the CEO of Rose Hill Townhouses Inc?
Guadalupe Lazcano is the President of Rose Hill Townhouses Inc.
What is the revenue of Rose Hill Townhouses Inc?
Rose Hill Townhouses Inc's revenue in 2022 was $878,718.
Who are the executives of Rose Hill Townhouses Inc and what are their salaries?
The average compensation at Rose Hill Townhouses Inc during 2022 was $16,457. There are 8 employees and 5 volunteers at Rose Hill Townhouses Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rose Hill Townhouses Inc?
Rose Hill Townhouses Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rose Hill Townhouses Inc
Rose Hill Townhouses Inc, as a nonprofit organization, is committed to providing affordable housing for low-income residents residing in the broader metropolitan area. Their mission is to make a significant impact by offering affordable living accommodations to individuals and families who fall under this income bracket. By doing so, Rose Hill Townhouses Inc seeks to contribute to the well-being of the community, ensuring that everyone has access to a decent place to live, regardless of their financial status.
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Impact
July, 2024
Rose Hill Townhouses Inc's impact is significant as it provides affordable housing to low-income individuals and families in the Denver metropolitan area. By offering this vital service, the organization helps address the pressing need for affordable housing in the region, ensuring that vulnerable populations have access to safe and stable living arrangements. Through its mission of providing affordable housing for low-income residents, Rose Hill Townhouses Inc positively impacts the lives of those in need, contributing to the overall well-being and stability of the community.
This information is meant to be a general summary of Rose Hill Townhouses 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: $788
- Program Service Revenue: $877,930
- Gross Receipts: $878,718
Assets and Liabilities:
- Total Assets: $2,136,262
- Total Liabilities: $1,047,074
- Net Assets: $1,089,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$874,820
OTHER TENANT CHARGES
Revenue
$3,110
Organization Details
Founding Year
1970
Phone
(303) 287-7436Principal Officer
Guadalupe Lazcano
Main Address
5835 E 62ND AVE, COMMERCE CITY, CO, 80022
NTEE Category
Code: L21 - Housing
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