Rosewood Apartments Inc

Overview

Rosewood Apartments Inc is a nonprofit organization dedicated to providing affordable housing solutions. Based in Erie, Pennsylvania, the organization focuses primarily on serving low-income individuals and families by maintaining and operating group housing facilities.

Mission

The mission of Rosewood Apartments Inc is to enhance the quality of life for residents by offering affordable housing options and supportive services. The organization aims to create a stable living environment that fosters community development and personal growth among its residents.

Programs and Services

Rosewood Apartments Inc is known for its commitment to maintaining a group of six affordable homes designed for adults who require housing assistance. The organization adheres to the requirements set forth by the U.S. Department of Housing and Urban Development, ensuring that all services align with federal guidelines for low-income housing.

Financial Information

As of the latest reports, Rosewood Apartments Inc operates with a revenue of approximately $153,000 and expenses around $156,000, reflecting the organization's dedication to reinvesting funds back into its housing programs. The total assets of the organization are reported to be around $428,000, with liabilities amounting to $13,900, indicating a stable financial position within the nonprofit sector.

Community Impact

Rosewood Apartments Inc plays a significant role in the Erie community by addressing the pressing need for affordable housing. The organization not only provides shelter but also aims to empower its residents through various community initiatives and support programs.

Conclusion

Through its focused efforts on affordable housing, Rosewood Apartments Inc contributes meaningfully to improving living conditions for vulnerable populations in Erie, Pennsylvania. The organization continues to seek opportunities to enhance its services and expand its reach within the community.