philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Rose Valley Development Incorporated FY2021 filing

Not tax-deductible

Rosedale, IN501(c)(4)HousingEIN 30-0136562Revenue $82K in FY2021

On file with the IRSPo Box 283, 47874-0283 · Rosedale, INTax-exempt since Sep 2003

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The organizations purpose is to provide older citizens of the community with general housing for the advancement of the social welfare of the community

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $23K a year · 28% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 16.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$73K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$82K
-6% vs prior year
Spent
$89K
To programs
100%
Net assets
$384K
By yearFY2020–FY2024
Revenue
$82K
FY2021▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$86K
FY2021$82K
FY2022$75K
FY2023$84K
FY2024$80K
Expenses
$89K
FY2021▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$91K
FY2021$89K
FY2022$97K
FY2023$142K
FY2024$102K
Net assets
$384K
FY2021▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$392K
FY2021$384K
FY2022$363K
FY2023$305K
FY2024$283K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $89K

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
$0Pt VII · Sec A
Judy Adams
Secretary
$0Pt VII · Sec A
Pat Manley
Vice President
$0Pt VII · Sec A
Connie Brown
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rose Valley Development Incorporated 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

Offers housing to older citizens, improving community well-being.

Questions for Rose Valley Development Incorporated

Tap to ask. Rose Valley Development Incorporated sees how many people are interested.

Your first name shows with your question. Rose Valley Development Incorporated answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $89K · in their own filed words · FY2021
01

The organizations purpose is to provide older citizens of the community with general housing for the advancement of the social welfare of the community

$89Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$82K
Ln 12
Fees for servicesLn 2g$80K
Investment incomeLn 3$1K
Money outPt IX
$89K
Ln 25
Programscol B$89K
Owns and owesPt X
$384K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$457K
LiabilitiesLn 26$73K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$80K
Investment incomeLn 3$1K
Gains on assetsLn 7$600
Total revenueLn 12$82K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$103K
Cash and savings togetherLn 1–2$120K
Land, buildings, equipmentLn 10c$337K
Total assetsLn 16$457K
LiabilitiesLn 26$73K
Net assetsLn 32$384K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$134K$120K
Land, buildings, equipmentLn 10c$365K$337K
Total assetsLn 16$499K$457K
LiabilitiesLn 26$108K$73K
Net assetsLn 32$392K$384K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$15K$15K$0$0
Payroll taxesLn 10$1K$1K$0$0
Management feesLn 11a$900$900$0$0
Accounting feesLn 11c$2K$2K$0$0
Office expensesLn 13$474$474$0$0
OccupancyLn 16$25K$25K$0$0
InterestLn 20$1K$1K$0$0
Depreciation, depletion and amortizationLn 22$28K$28K$0$0
InsuranceLn 23$13K$13K$0$0
Other expenses (24a–d)Ln 24$2K$2K$0$0
Total functional expensesLn 25$89K$89K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $80K$102K−$23K$283K 990 PDF
FY2023 $84K$142K−$58K$305K 990 PDF
FY2022 $75K$97K−$21K$363K 990 PDF
FY2021 Viewing $82K$89K−$7K$384K 990 PDF
FY2020 $86K$91K−$4K$392K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $81,631 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $85,623$80,158
I-10 Investment incomePrior year $863$1,473
I-11 Other revenue$0
I-12 Total revenuePrior year $86,486$81,631
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,239$16,239
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $74,600$72,797
I-18 Total expensesPrior year $90,839$89,036
I-19 Revenue less expensesPrior year −$4,353−$7,405
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $81,631 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$80,158
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$873
VIII-7 Net gain or loss on sales of assetsRelated to mission $600 · Unrelated business $0 · Excluded from tax $0$600
VIII-12 Total revenueRelated to mission $81,631 · Unrelated business $0 · Excluded from tax $0$81,631
Part IX · Statement of functional expenses $89,036 across 10 lines filed
IX-7 Other salaries and wagesPrograms $15,000 · Management $0 · Fundraising $0$15,000
IX-10 Payroll taxesPrograms $1,239 · Management $0 · Fundraising $0$1,239
IX-11a Management feesPrograms $900 · Management $0 · Fundraising $0$900
IX-11c Accounting feesPrograms $1,850 · Management $0 · Fundraising $0$1,850
IX-13 Office expensesPrograms $474 · Management $0 · Fundraising $0$474
IX-16 OccupancyPrograms $25,139 · Management $0 · Fundraising $0$25,139
IX-20 InterestPrograms $1,021 · Management $0 · Fundraising $0$1,021
IX-22 Depreciation, depletion and amortizationPrograms $28,160 · Management $0 · Fundraising $0$28,160
IX-23 InsurancePrograms $13,000 · Management $0 · Fundraising $0$13,000
IX-24 Other expenses (24a–d)Programs $2,253 · Management $0 · Fundraising $0$2,253
IX-25 Total functional expensesPrograms $89,036 · Management $0 · Fundraising $0$89,036
Part X · Balance sheet $457,085 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $31,891$16,818
X-2 Savings and temporary cash investmentsStart of year $102,507$103,380
X-10c Land, buildings and equipment, netStart of year $365,047$336,887
X-16 Total assetsStart of year $499,445$457,085
X-17 Accounts payable and accrued expensesStart of year $4,971$5,421
X-26 Total liabilitiesStart of year $107,838$72,883
X-27 Net assets without donor restrictionsStart of year $391,607$384,202
X-32 Total net assets or fund balancesStart of year $391,607$384,202
X-33 Total liabilities and net assetsStart of year $499,445$457,085
Part XI · Reconciliation of net assets $384,202 net assets at year end
XI-1 Total revenue$81,631
XI-2 Total expenses$89,036
XI-3 Revenue less expenses−$7,405
XI-4 Net assets at start of year$391,607
XI-10 Net assets at end of year$384,202

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

Similar organizations you could support · 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

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.