Promise Residential Project Inc
- Assets
- $132.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 22-3550328
Organization Overview
Promise Residential Project Inc is located in Syracuse, NY. The organization was established in 1998. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise Residential Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Promise Residential Project Inc generated $31.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $21.2k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATED RESIDENTIAL PROPERTIES USED AS A PRIMARY RESIDENCE BY INDIVIDUALS AFFLICTED WITH NEURO-BIOLOGICAL BRAIN DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla Byrnes Director | 10 | $0 | |
James Thomas Bassett Treasurer | 5 | $0 | |
Ernest Jones Director | 1 | $0 | |
Mary Woodward Secretary | 0 | $0 | |
Judith Flint Director | 1 | $0 | |
Joseph Ridgeway President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,640 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,943 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,178 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $21,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,039 |
| Other assets | $0 |
| Total assets | $132,038 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,038 |
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