Roseville Community Development: Nonprofit Profile, Financials & Form 990 (EIN 27-5551434)

Revenue by fiscal year
FY2020	−$1.3M
FY2021	$3K

Expenses by fiscal year
FY2020	$286K
FY2021	$85K

Net assets by fiscal year
FY2020	−$2.8M
FY2021	$0

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

100%

Management & general 100% · $85K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

Howard Rudd

Chair

$0Pt VII · Sec A

John Norman

Secretary/Treasurer

$0Pt VII · Sec A

Nick Alexandrer

Director

$0Pt VII · Sec A

Louise Walker

Director

$0Pt VII · Sec A

Michael Isom

CEO

$0Pt VII · Sec A

See Roseville Community Development executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Empowers communities through physical, economic, and educational development for jobs, prosperity, and housing.

Questions for Roseville Community Development

Tap to ask. Roseville Community Development sees how many people are interested.

Your first name shows with your question. Roseville Community Development answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020

01

City wide development and revitalization through the acquisition ofcommercial properties in the downtown area of the city of rosevillewith the intent to renovate and sell to buyers interested in improvingthe landscape and environment roseville area this is also accomplishedthrough the financing of outside businesses through note…

Pt IX · col B

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$3K

Ln 12

Investment incomeLn 3$3K

Money outPt IX

$85K

Ln 25

Managementcol C$85K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$3K

Gains on assetsLn 7−$2K

Total revenueLn 12$3K

Assets in detailPt X, end of year

CashLn 1$0

SavingsLn 2$0

InvestmentsLn 11–13$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$2.7M	$0
InvestmentsLn 11–13		$0
Land, buildings, equipmentLn 10c	$328K	$0
Total assetsLn 16	$3.0M	$0
LiabilitiesLn 26	$5.8M	$0
Net assetsLn 32	−$2.8M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$25K		$25K
Accounting feesLn 11c	$12K		$12K
Depreciation, depletion and amortizationLn 22	$2K		$2K
Other expenses (24a–d)Ln 24	$45K		$45K
All other expensesLn 24e	$262		$262
Total functional expensesLn 25	$85K	$0	$85K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2021 Latest Viewing	$3K	$85K	−$82K	$0	990 PDF
FY2020	−$1.3M	$286K	−$1.6M	−$2.8M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2021 990 (6 parts)

Part I · Summary $2,959 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year −$791,396$2,959

I-11 Other revenuePrior year −$489,843$0

I-12 Total revenuePrior year −$1,281,239$2,959

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $285,604$84,778

I-18 Total expensesPrior year $285,604$84,778

I-19 Revenue less expensesPrior year −$1,566,843−$81,819

Part VI · Governance 4 of 4 board members independent, 2 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-13 Written whistleblower policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $2,959 across 3 lines filed

VIII-3 Investment incomeExcluded from tax $4,929$4,929

VIII-7 Net gain or loss on sales of assetsUnrelated business −$1,970−$1,970

VIII-12 Total revenueRelated to mission $0 · Unrelated business −$1,970 · Excluded from tax $4,929$2,959

Part IX · Statement of functional expenses $84,778 across 5 lines filed

IX-11b Legal feesManagement $24,646$24,646

IX-11c Accounting feesManagement $12,000$12,000

IX-22 Depreciation, depletion and amortizationManagement $2,438$2,438

IX-24 Other expenses (24a–d)Management $45,432$45,432

IX-24e All other expensesManagement $262$262

IX-25 Total functional expensesPrograms $0 · Management $84,778 · Fundraising $0$84,778

Part X · Balance sheet $0 assets, 19 lines filed

X-1 Cash, non-interest-bearingStart of year $2,699,533$0

X-2 Savings and temporary cash investments$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivable$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred charges$0

X-10c Land, buildings and equipment, netStart of year $328,297$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assets$0

X-16 Total assetsStart of year $3,027,830$0

X-25 Other liabilitiesStart of year $5,805,443$0

X-26 Total liabilitiesStart of year $5,805,443$0

X-27 Net assets without donor restrictionsStart of year −$3,007,059$0

X-28 Net assets with donor restrictionsStart of year $229,446$0

X-32 Total net assets or fund balancesStart of year −$2,777,613$0

X-33 Total liabilities and net assetsStart of year $3,027,830$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$2,959

XI-2 Total expenses$84,778

XI-3 Revenue less expenses−$81,819

XI-4 Net assets at start of year−$2,777,613

XI-8 Prior period adjustments$2,859,432

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Roseville Community Development

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Roseville Community Development

By the numbers

Filing history

Schedules filed Part IV