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Rosale Housing Development Fund Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$477k (2023)

Expenses
$694k (2023)

Total Assets
$1.74M (2023)

Total Liabilities
$414k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$476,957
Expenses
$694,136
Net Income
-$217,179
Net Assets
$1,324,274
Notable Sources of Revenue Percent of Total Revenue
Contributions $321,163
67.3%
Program Services $150,098
31.5%
Investment Income $2,066
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,630
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $49,488
7.1%
Assets/Debt
Total Assets $1,737,815
Total Liabilities $413,541
Net Assets $1,324,274
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Oscar S Mcdonald (Vice Chair) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Arlene Johnson (Director) $0 $0 $0
Rose D Mitchell (Director) $0 $0 $0
Belva Purcell (Director) $0 $0 $0
Barbara Rand (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$456,142
Expenses
$679,949
Net Income
-$223,807
Net Assets
$1,528,446
Notable Sources of Revenue Percent of Total Revenue
Contributions $282,137
61.9%
Program Services $169,159
37.1%
Investment Income $581
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,265
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $52,998
7.8%
Assets/Debt
Total Assets $2,013,678
Total Liabilities $485,232
Net Assets $1,528,446
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Oscar S Mcdonald (Vice Chair) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Arlene Johnson (Director) $0 $0 $0
Rose D Mitchell (Director) $0 $0 $0
Belva Purcell (Director) $0 $0 $0
Barbara Rand (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$395,508
Expenses
$627,322
Net Income
-$231,814
Net Assets
$1,752,253
Notable Sources of Revenue Percent of Total Revenue
Contributions $227,417
57.5%
Program Services $164,019
41.5%
Investment Income $342
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,730
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $55,745
8.9%
Assets/Debt
Total Assets $2,108,665
Total Liabilities $356,412
Net Assets $1,752,253
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Oscar S Mcdonald (Vice Chair) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Arlene Johnson (Director) $0 $0 $0
Rose D Mitchell (Director) $0 $0 $0
Belva Purcell (Director) $0 $0 $0
Barbara Rand (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,268
Expenses
$599,990
Net Income
-$193,722
Net Assets
$1,984,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $400,003
98.5%
Investment Income $649
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,616
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $133,119
22.2%
Assets/Debt
Total Assets $2,429,798
Total Liabilities $445,731
Net Assets $1,984,067
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Oscar S Mcdonald (Vice Chair) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Belva Purcell (Director) $0 $0 $0
Arlene Johnson (Director) $0 $0 $0
Barbara Rand (Director) $0 $0 $0
Rose D Mitchell (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$399,611
Expenses
$639,662
Net Income
-$240,051
Net Assets
$2,168,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $394,641
98.8%
Investment Income $692
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,278
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $124,408
19.4%
Assets/Debt
Total Assets $2,522,688
Total Liabilities $353,892
Net Assets $2,168,796
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Belva Purcell (Member) $0 $0 $0
Arlene Johnson (Member) $0 $0 $0
Rita Fray (Member) $0 $0 $0
Barabar Rand (Member) $0 $0 $0
Oscar S Mcdonald (Member) $0 $0 $0
Rose D Mitchell (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,338
Expenses
$613,406
Net Income
-$207,068
Net Assets
$2,410,250
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $401,779
98.9%
Investment Income $639
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,920
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,681,630
Total Liabilities $271,380
Net Assets $2,410,250
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Belva Purcell (Member) $0 $0 $0
Arlene Johnson (Member) $0 $0 $0
Rita Fray (Member) $0 $0 $0
Jean Isbell (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,245
Expenses
$577,816
Net Income
-$172,571
Net Assets
$2,615,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $402,521
99.3%
Investment Income $494
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,230
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $105,474
18.3%
Assets/Debt
Total Assets $2,854,488
Total Liabilities $238,654
Net Assets $2,615,834
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Belva Purcell (Member) $0 $0 $0
Arlene Johnson (Member) $0 $0 $0
Rita Fray (Member) $0 $0 $0
Jean Isbell (Member) $0 $0 $0
Francis Purcell (Member Thru 2017) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,211
Expenses
$554,319
Net Income
-$146,108
Net Assets
$2,885,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $407,859
99.9%
Investment Income $352
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $113,883
20.5%
Assets/Debt
Total Assets $3,019,990
Total Liabilities $134,010
Net Assets $2,885,980
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Belva Purcell (Member) $0 $0 $0
Barbara Rand (Member Term Ended In 2016) $0 $0 $0
Oscar Mcdonald (Member Term Ended In 2016) $0 $0 $0
Rosa Mitchell (Member Term Ended In 2016) $0 $0 $0
Arlene Johnson (Member) $0 $0 $0
Rita Fray (Member) $0 $0 $0
Jean Isbell (Member) $0 $0 $0
Francis Purcell (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,535
Expenses
$525,078
Net Income
-$116,543
Net Assets
$3,032,088
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $407,991
99.9%
Investment Income $304
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $240
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $104,559
19.9%
Assets/Debt
Total Assets $3,193,853
Total Liabilities $161,765
Net Assets $3,032,088
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dan Simonette (Chairman/President) $0 $0 $0
Wesley Ulysse (Treasurer) $0 $0 $0
Madeline Ford (Secretary) $0 $0 $0
Rita Fray (Member Term Ended In 2015) $0 $0 $0
Belva Purcell (Member) $0 $0 $0
Jean Isbell (Member Term Ended In 2015) $0 $0 $0
Barbara Rand (Member) $0 $0 $0
Oscar Mcdonald (Member) $0 $0 $0
Rosa Mitchell (Member) $0 $0 $0
Arlene Johnson (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$438,965
Expenses
$577,003
Net Income
-$138,038
Net Assets
$3,148,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $402,368
91.7%
Investment Income $662
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,935
8.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $102,775
17.8%
Assets/Debt
Total Assets $3,373,188
Total Liabilities $224,679
Net Assets $3,148,509
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Wesley Ulysse (Vice Chairman) $3,000 $0 $0
Madeline Ford (Secretary) $2,100 $0 $0
Dan Simonette (Chairman/President) $1,800 $0 $0
Arlene Johnson (Treasurer) $1,800 $0 $0
Belva Purcell (Member) $1,800 $0 $0
Rosa Mitchell (Member) $1,800 $0 $0
Barbara Rand (Member) $1,500 $0 $0
Oscar Mcdonald (Member) $1,500 $0 $0
Rita Fray (Member) $0 $0 $0
Jean Isbell (Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$380,035
Expenses
$529,356
Net Income
-$149,321
Net Assets
$3,286,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $376,466
99.1%
Investment Income $659
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,910
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $32,430
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $57,035
10.8%
Assets/Debt
Total Assets $3,486,538
Total Liabilities $199,991
Net Assets $3,286,547
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Wesley Ulysse (Vice Chairman) $4,800 $0 $0
Madeline Ford (Secretary) $3,900 $0 $0
Arlene Johnson (Treasurer) $3,630 $0 $0
Oscar Mcdonald (Member) $3,600 $0 $0
Dan Simonette (Chairman/President) $3,300 $0 $0
Belva Purcell (Member) $3,300 $0 $0
Barbara Rand (Member) $3,300 $0 $0
Jean Isbell (Member) $3,000 $0 $0
Rita Fray (Member) $2,100 $0 $0
Rosa Mitchell (Member) $1,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$351,424
Expenses
$551,223
Net Income
-$199,799
Net Assets
$3,435,868
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $347,965
99.0%
Investment Income $1,059
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,400
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $98,008
17.8%
Assets/Debt
Total Assets $3,672,884
Total Liabilities $237,016
Net Assets $3,435,868

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$355,630
Expenses
$540,787
Net Income
-$185,157
Net Assets
$3,635,667
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $350,792
98.6%
Investment Income $1,121
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,717
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $52,923
9.8%
Assets/Debt
Total Assets $3,801,379
Total Liabilities $165,712
Net Assets $3,635,667

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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