Promise Residential Project Inc
- Assets
- $154.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 06/1998
- Data as of
- 12/2022
- 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 12/2022, Promise Residential Project Inc generated $34.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $12.2k during the year ending 12/2022. 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
2022
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 | |
Mary Woodward Secretary | 0 | $0 | |
Judith Flint Director | 1 | $0 | |
Ernest Jones Director | 1 | $0 | |
Joseph Ridgway President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,507 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,003 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,510 |
| 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 | $12,154 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $12,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,583 |
| Other assets | $0 |
| Total assets | $154,394 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,394 |