Rose Hill Townhouses Cooperative Inc is located in Commerce City, CO. The organization was established in 2014. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 04/2022, Rose Hill Townhouses Cooperative Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rose Hill Townhouses Cooperative Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Rose Hill Townhouses Cooperative Inc generated $878.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $671.8k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME RESIDENTS OF THE GREATER METROPOLITAN AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND FAMLIES IN THE DENVER METROPOLITAN AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Crystal Lopez Vice President | OfficerTrustee | 2 | $0 |
Guadalupe Lazcano Secretary | OfficerTrustee | 2 | $0 |
Curtis Thomas President | OfficerTrustee | 2 | $0 |
Darrell Normal Treasurer | OfficerTrustee | 2 | $0 |
Christina Chavez Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $877,930 |
Investment income | $788 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $878,718 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $9,251 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $131,657 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $19,317 |
Payroll taxes | $12,843 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,690 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,626 |
Office expenses | $4,961 |
Information technology | $1,986 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $17,395 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $77,502 |
Total functional expenses | $671,829 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $420,067 |
Savings and temporary cash investments | $469,231 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $100,758 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $19,188 |
Net Land, buildings, and equipment | $1,127,018 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,136,262 |
Accounts payable and accrued expenses | $48,966 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $612,935 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $385,173 |
Total liabilities | $1,047,074 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $29,500 |
Paid-in or capital surplus, or land, building, or equipment fund | $1,031,371 |
Retained earnings, endowment, accumulated income, or other funds | $28,317 |
Total liabilities and net assets/fund balances | $2,136,262 |
Organization Name | Assets | Revenue |
---|---|---|
Irc Ii Inc Omaha, NE | $77,092,812 | $15,244,348 |
Mercy Housing Wheaton Nfp Denver, CO | -$15,968,467 | $14,335,053 |
Rocky Mountain Mutual Housing Association Inc Denver, CO | $89,135,511 | $15,318,775 |
Equality Community Housing Corporation Glendale, AZ | $43,109,186 | $12,960,879 |
Mercy Housing Northwest Denver, CO | $73,547,369 | $9,509,795 |
Ark Regional Services Inc Laramie, WY | $4,970,092 | $7,518,317 |
Community Housing Concepts Inc Denver, CO | $87,603,673 | $7,035,643 |
Community Resources & Housing Development Corporation Westminster, CO | $39,546,722 | $6,041,584 |
Elevation Community Land Trust Denver, CO | $49,445,560 | $8,122,320 |
Residences At Eaton Senior Communities Lakewood, CO | $12,361,716 | $4,288,663 |
Arizona Housing Inc Phoenix, AZ | $15,313,221 | $3,724,119 |
Thistle Community Housing Boulder, CO | $53,794,788 | $7,131,075 |