Overview
What is Promise Project Inc?
Promise Project Inc is a nonprofit organization based in Atlanta, Georgia, specifically at PO Box 53274. Its primary mission is dedicated to providing housing for the elderly by managing a HUD-assisted rental community, regulated under Section 202 of the National Housing Act of 1959. The organization operates with this objective to ensure elderly individuals have suitable living conditions, offering them a supportive living environment.
Is Promise Project Inc legitimate?
Promise Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,153
For more financial information, click here
What is the mission statement of Promise Project Inc?
Promise Project Inc is committed to providing housing solutions for the elderly. They achieve this by operating a HUD-assisted rental community, which is regulated under Section 202 of the National Housing Act of 1959. This community aims to offer a safe and comfortable living environment for elderly individuals. The organization's mission is to ensure that elderly persons have access to affordable and suitable housing, thereby enhancing their quality of life. Promise Project Inc's efforts in this area contribute to the overall well-being and independence of the elderly population.
Who is the CEO of Promise Project Inc?
Britt Jennings is the President of Promise Project Inc.
What is the revenue of Promise Project Inc?
Promise Project Inc's revenue in 2022 was $266,687.
Who are the executives of Promise Project Inc and what are their salaries?
There 2 volunteers at Promise Project Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Promise Project Inc?
Promise Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Promise Project Inc
Promise Project Inc, as its mission statement suggests, is dedicated to providing housing solutions for the elderly population. They achieve this objective by managing a HUD-assisted rental community, which is regulated under Section 202 of the National Housing Act of 1959. By operating this community, Promise Project Inc aims to offer elderly individuals a suitable living environment, ensuring their comfort and well-being. Their primary goal is to make housing accessible and affordable for this demographic, contributing to their overall quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Promise Project Inc significantly impacts the lives of elderly individuals by providing stable, affordable housing within a HUD-assisted rental community in Atlanta, Georgia. By operating under Section 202 of the National Housing Act of 1959, the organization ensures that senior citizens have access to quality living accommodations that cater to their specific needs. This initiative not only alleviates the financial burden often faced by older adults but also fosters a supportive community environment. By promoting safe and accessible housing, Promise Project Inc enhances the overall well-being and quality of life for its residents, allowing them to age with dignity and security.
This information is meant to be a general summary of Promise Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11
- Program Service Revenue: $266,676
- Gross Receipts: $266,687
Assets and Liabilities:
- Total Assets: $1,527,006
- Total Liabilities: $2,630,368
- Net Assets: -$1,103,362
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$266,676
Organization Details
Founding Year
2002
Phone
(404) 816-9770Principal Officer
Britt Jennings
Main Address
PO BOX 53274, ATLANTA, GA, 30355
NTEE Category
Code: L21 - Housing
If you are a representative of Promise Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.