Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2011.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
3 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides affordable rental housing for low-income residents in Cordele, Georgia.
Questions for Rosewood Cordele Development INC
Your first name shows with your question. Rosewood Cordele Development INC answers here, for everyone.
The organization owns and operates a 56-unit rental facility for self-sufficient low-income residents.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $207K | $137K |
| Land, buildings, equipmentLn 10c | $5.7M | $5.4M |
| Total assetsLn 16 | $6.4M | $6.1M |
| LiabilitiesLn 26 | $1.3M | $1.3M |
| Net assetsLn 32 | $5.1M | $4.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $123K | $123K | ||
| Pension plan contributionsLn 8 | $3K | $3K | ||
| Other employee benefitsLn 9 | $36K | $36K | ||
| Payroll taxesLn 10 | $16K | $16K | ||
| Management feesLn 11a | $28K | $28K | ||
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $14K | $14K | ||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Information technologyLn 14 | $12K | $12K | ||
| OccupancyLn 16 | $73K | $73K | ||
| TravelLn 17 | $31 | $31 | ||
| InterestLn 20 | $46K | $46K | ||
| Depreciation, depletion and amortizationLn 22 | $297K | $297K | ||
| InsuranceLn 23 | $48K | $48K | ||
| Other expenses (24a–d)Ln 24 | $191K | $191K | ||
| All other expensesLn 24e | $359 | $359 | ||
| Total functional expensesLn 25 | $890K | $862K | $28K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 5, 2026 | $638K | $890K | −$252K | $4.8M | 990 PDF |
| FY2024Filed with the IRS Jul 31, 2025 | $584K | $885K | −$301K | $5.1M | 990 PDF |
| FY2023Filed with the IRS Sep 3, 2024 | $565K | $818K | −$254K | $5.4M | 990 PDF |
| FY2022Filed with the IRS Nov 10, 2023 | $453K | $886K | −$433K | $5.6M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $496K | $745K | −$249K | $6.0M | 990 PDF |
| FY2020Filed with the IRS Oct 15, 2021 | $452K | $725K | −$273K | $6.3M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $637,592 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $637,592 across 3 lines filed
Part IX · Statement of functional expenses $889,863 across 16 lines filed
Part X · Balance sheet $6,076,681 assets, 14 lines filed
Part XI · Reconciliation of net assets $4,798,629 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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