Form 990 for tax year 2024
Filed by ROSEWOOD I SENIOR HOUSING COMMUNITY INC.
Totals
- Total revenue
- $562,085
- Total expenses
- $720,080
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $558,737
- Investment income
- $3,348
- Other revenue
- $0
- Total assets, end of year
- $3,227,212
- Total liabilities, end of year
- $4,276,845
- Net assets or fund balances, end of year
- -$1,049,633
- Program services expenses (Part IX)
- $676,907
- Management and general expenses
- $43,173
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $676,907
Program services were 94.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENTAL OF ELDERLY HOUSING
total $558,737 · related or exempt $558,737
-
3 · Investment income
total $3,348 · related or exempt $3,348
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $91,009 · program services $91,009
-
9 · Other employee benefits
total $6,391 · program services $6,391
-
10 · Payroll taxes
total $9,223 · program services $9,223
-
11a · Fees: management
total $33,997 · management and general $33,997
-
11c · Fees: accounting
total $8,418 · management and general $8,418
-
12 · Advertising and promotion
total $918 · program services $918
-
13 · Office expenses
total $24,505 · program services $24,505
-
16 · Occupancy
total $133,830 · program services $133,830
-
19 · Conferences, conventions and meetings
total $758 · management and general $758
-
22 · Depreciation, depletion and amortization
total $171,042 · program services $171,042
-
23 · Insurance
total $6,126 · program services $6,126
-
24a · Other expenses: OPERATING & MAINTENANCE
total $130,135 · program services $130,135
-
24b · Other expenses: SERVICE COORDINATOR
total $91,439 · program services $91,439
-
24c · Other expenses: ADMINISTRATIVE
total $12,289 · program services $12,289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,789 · end of year $2,653
-
4 · Accounts receivable
beginning of year $9,804 · end of year $17,689
-
9 · Prepaid expenses and deferred charges
beginning of year $25,207 · end of year $24,413
-
10a · Land, buildings and equipment: cost or other basis
$6,192,270
-
10b · Land, buildings and equipment: accumulated depreciation
$3,144,988
-
10c · Land, buildings and equipment, net
beginning of year $3,173,781 · end of year $3,047,282
-
15 · Other assets
beginning of year $207,051 · end of year $135,175
-
17 · Accounts payable and accrued expenses
beginning of year $124,774 · end of year $84,243
-
19 · Deferred revenue
beginning of year $9,638 · end of year $13,939
-
23 · Secured mortgages and notes payable
beginning of year $4,163,967 · end of year $4,163,967
-
25 · Other liabilities
beginning of year $14,891 · end of year $14,696
-
27 · Net assets without donor restrictions
beginning of year -$891,638 · end of year -$1,049,633
Mission and programs · 2024
Mission
PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.
-
PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.
Expenses $676,907 · Revenue $558,737
As filed on the 2024 return.
Listed in Part VII
-
ESTRELLA BARRERA
MEMBER
- Total calculated
- $0
-
JC DUSTY MCCORMICK
MEMBER
- Total calculated
- $0
-
TRISH O'DAY
MEMBER
- Total calculated
- $0
-
ELLIS M PAT CRAIG PHD
MEMBER
- Total calculated
- $0
-
CASSANDRA RAMIREZ
MEMBER
- Total calculated
- $0
-
WILLIE G WILLIAMS
MEMBER
- Total calculated
- $0
-
JANINE SISAK
BOARD CHAIR
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543169349307614
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.