Overview
What is Rose Community Development Corporat?
Rose Community Development Corporation is a nonprofit organization situated in Portland, Oregon, specifically at 5215 SE DUKE, ZIP code 97206. Their primary mission is to develop and provide affordable housing options for low-income households. They manage a portfolio of rental properties, currently housing 469 units, and recently secured financing for the construction of the Berry Ranch Apartments. Beyond housing, Rose Community Development Corporation also aims to positively impact their community, fostering healthy families and neighborhood opportunities in outer Southeast Portland. This involves connecting community members and providing opportunities for growth and improvement. The organization is staffed by a team of 9 dedicated individuals.
Official website here: www.rosecdc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Rose Community Development Corporation has earned a Three-Star rating from Charity Navigator, reflecting a solid score in accountability and finance. The organization boasts a fully independent board and a strong oversight committee, indicating robust governance practices. However, it is noted that the whistleblower policy is missing, which could be a concern for transparency.
User feedback from Great Nonprofits highlights the positive impact of Rose Community Development in Southeast Portland, particularly in affordable housing and economic development initiatives. One reviewer emphasized the effectiveness of the organization's programs over its 20-year history, showcasing community satisfaction and trust in their work.
Despite the missing whistleblower policy, Rose Community Development Corporation demonstrates a commitment to financial health and responsible governance. Overall, the organization is viewed positively by the community, with strong financial ratios that indicate a focus on program expenses and sustainability.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Rose Community Development Corporat legitimate?
Rose Community Development Corporat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Community Development Corporat 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: $160,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,948
For more financial information, click here
Official website here: www.rosecdc.org
What is the mission statement of Rose Community Development Corporat?
The mission of Rose Community Development Corporation is centered around connecting the community to build decent homes, promote family health, and create opportunities in underserved neighborhoods, specifically in outer Southeast Portland. Through their activities, they develop affordable housing for rent and sale, providing suitable homes for low-income families. They manage a portfolio of rental properties to ensure good living conditions for their residents. Recently, they secured financing to construct the Berry Ranch Apartments. In essence, their mission is to contribute positively to the community by providing affordable housing and fostering a thriving living environment.
Official website here: www.rosecdc.org
Who is the CEO of Rose Community Development Corporat?
Nick Sauvie is the Coexecutive of Rose Community Development Corporat.
Official website here: www.rosecdc.org
What is the revenue of Rose Community Development Corporat?
Rose Community Development Corporat's revenue in 2022 was $4,415,049.
Official website here: www.rosecdc.org
Who are the executives of Rose Community Development Corporat and what are their salaries?
The average compensation at Rose Community Development Corporat during 2022 was $48,785. There are 9 employees and 50 volunteers at Rose Community Development Corporat.
Here are 13 key members and their salaries:
- Compensation: $95,846
- Related: $0
- Other: $16,843
- Compensation: $64,275
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- Other: $13,762
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- Other: $0
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- Other: $0
Official website here: www.rosecdc.org
Where can I find the form 990 for Rose Community Development Corporat?
Rose Community Development Corporat's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rosecdc.org
Learn more at the official website: www.rosecdc.org
Mission Statement of Rose Community Development Corporat
Rose Community Development Corporation connects its community to build good homes, promote healthy families, and create neighborhood opportunities in outer southeast Portland. Their mission is centered around providing affordable housing for low-income households, managing a portfolio of rental properties to offer suitable homes for these residents. In the fiscal year 2022, Rose Community Development Corporation secured financing to construct the Berry Ranch Apartments, furthering its commitment to providing affordable housing options. In essence, the organization serves to enhance living conditions for low-income families, contributing to the betterment of its community.
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Impact
July, 2024
Rose Community Development Corporation's impact can be seen in the development of affordable housing for low-income households in outer southeast Portland. With a portfolio of 469 affordable housing units, Rose provides good homes for residents in need. Additionally, the organization secured financing to construct the Berry Ranch Apartments, further expanding their capacity to offer affordable housing options. Through their work, Rose is not only addressing the crucial need for affordable housing but also contributing to the creation of healthy families and neighborhood opportunities in the community.
This information is meant to be a general summary of Rose Community Development Corporat. 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: $19,860
- Program Service Revenue: $3,611,251
- Gross Receipts: $4,415,049
Assets and Liabilities:
- Total Assets: $44,681,234
- Total Liabilities: $42,413,255
- Net Assets: $2,267,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,573,879
MGMNT AND DEVELOP FEES
Revenue
$37,372
Organization Details
Founding Year
1991
Phone
(503) 788-8052Principal Officer
Nick Sauvie
Main Address
5215 SE DUKE, PORTLAND, OR, 972066839
Website
www.rosecdc.orgNTEE Category
Code: L210 - Housing
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