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Roselawn Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 680603121 ✦ Farmington, NM ✦ Designated as a 501(c)(3)

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Overview

What is Roselawn Corporation?

Roselawn Corporation is a nonprofit organization situated in Farmington, New Mexico. Their primary focus is on providing affordable housing for elderly individuals, tailoring their services to meet the unique needs of this demographic. With a 20-unit complex, they offer independent living accommodations, ensuring that low-income seniors have access to suitable housing. This commitment to affordable senior living is the core mission of Roselawn Corporation.

Is Roselawn Corporation legitimate?

Roselawn Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roselawn 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: $25,367

For more financial information, click here

What is the mission statement of Roselawn Corporation?

The Roselawn Corporation is dedicated to providing affordable housing for elderly individuals seeking independent living. Their mission is reflected in the development and operation of a 20-unit apartment complex, specifically designed to cater to the unique needs of this demographic. The corporation's primary goal is to make such housing accessible and affordable, thereby contributing to the well-being and independence of the elderly population.

Who is the CEO of Roselawn Corporation?

Sandy Chancey is the President of Roselawn Corporation.

What is the revenue of Roselawn Corporation?

Roselawn Corporation's revenue in 2022 was $135,109.

Who are the executives of Roselawn Corporation and what are their salaries?


Here are 3 key members and their salaries:


Sandy Chancey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Fishburn (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Watkins (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roselawn Corporation?

Roselawn Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roselawn Corporation

Roselawn Corporation, a nonprofit organization, is dedicated to providing affordable housing for elderly individuals living independently. Their mission is to create living spaces specifically tailored to meet the unique needs of the elderly population. They have accomplished this by establishing a 20-unit apartment complex, offering affordable housing options for low-income elderly individuals. This initiative allows senior citizens to maintain their independence while residing in a supportive environment.

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Impact




October, 2024

Roselawn Corporation significantly impacts the community by providing affordable housing specifically designed for low-income elderly individuals. Located in Farmington, New Mexico, its 20-unit apartment complex addresses the critical need for independent living options that cater to the unique requirements of elderly residents. This initiative not only enhances the quality of life for seniors by offering safe, accessible living environments but also fosters a sense of community among residents. By focusing on affordable housing, Roselawn Corporation plays a vital role in supporting the well-being and independence of elderly individuals, ensuring they have a comfortable place to live as they age.




This information is meant to be a general summary of Roselawn 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.

Revenue
$135,109 (2022)
Expenses
$175,707 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $47
  • Program Service Revenue: $46,734
  • Gross Receipts: $135,109

Assets and Liabilities:

  • Total Assets: $1,437,032
  • Total Liabilities: $1,785,441
  • Net Assets: -$348,409

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL APARTMENTS

Revenue

$46,734

Organization Details

Founding Year

2007

Principal Officer

Sandy Chancey

Main Address

1816 EAST MOJAVE STREET, FARMINGTON, NM, 87401

NTEE Category

Code: L22 - Housing

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