Promise Community Homes
- Assets
- $10.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 20
- Location
- St Louis, MO
- Founding
- 04/2006
- Data as of
- 12/2019
- EIN
- 68-0574765
Organization Overview
Promise Community Homes is located in St Louis, MO. The organization was established in 2006. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2021, Promise Community Homes employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Promise Community Homes 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 12/2019, Promise Community Homes generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.9m during the year ending 12/2019. While expenses have increased by 5.2% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME HOUSING FOR THE DISABLED ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED HOUSING FOR DEVELOPMENTALLY DISABLED ADULTS IN THE GREATER ST. LOUIS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Eberhard Executive Director | Officer | 40 | $117,300 |
Marcus Adrian Vice President | Officer | 2 | $0 |
Eileen Cole President | Officer | 2 | $0 |
Kevin Gunn Vice President | Officer | 2 | $0 |
Jessica Erfling Vice President | Officer | 2 | $0 |
Scott Welz Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $424,412 |
| Related organizations | $0 |
| Government grants | $200,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $866,562 |
| Total Program Service Revenue | $1,292,016 |
| Investment income | $106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$95,854 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,133,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,793 |
| Compensation of current officers, directors, key employees. | $34,043 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $688,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,158 |
| Office expenses | $84,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,033 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $309,293 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,944,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,689 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $296,946 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,021 |
| Net Land, buildings, and equipment | $9,872,818 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,788 |
| Total assets | $10,347,262 |
| Accounts payable and accrued expenses | $218,934 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,253,458 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,001 |
| Total liabilities | $2,513,393 |
| Net assets without donor restrictions | $7,833,869 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,347,262 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Promise Community Homes has recieved totaling $47,823.
| Awarding Organization | Amount |
|---|---|
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HOUSING & SHELTER | $16,000 |
Employees Community Fund Of The Boeing Company Chicago, IL PURPOSE: COMMUNITY SUPPORT | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $12,750 |
Herman T And Phenie R Pott Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $3,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Hill Inc Fenton, MO | $11,297,687 | $21,265,686 |
Central State Community Services Oklahoma Inc Tulsa, OK | $7,573,561 | $18,181,483 |
Ramey-Estep Homes Inc Rush, KY | $15,258,585 | $16,553,810 |
Holston United Methodist Home For Children Inc Greeneville, TN | $27,641,839 | $16,110,226 |
Discovery Living Inc Cedar Rapids, IA | $11,709,298 | $15,165,116 |
Childrens Home Of Northern Kentucky Inc Covington, KY | $17,993,059 | $13,499,254 |
Oklahoma Baptist Homes For Children Inc Oklahoma City, OK | $118,462,947 | $17,899,757 |
Mur-Ci Homes Inc Antioch, TN | $9,901,370 | $14,568,313 |
Evangelical Childrens Home St Louis, MO | $35,970,155 | $15,187,962 |
Progress Inc Nashville, TN | $6,116,091 | $11,389,774 |
Bethshan Association Palos Heights, IL | $7,230,822 | $10,479,574 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |