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Promise Ridge Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825256950 ✦ Idaho falls, ID ✦ Designated as a 501(c)(3)

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Overview

What is Promise Ridge Inc?

Promise Ridge Inc is a nonprofit organization situated in Idaho Falls, dedicated to assisting homeless families. Their primary mission is to offer emergency, temporary, and transitional housing, providing a secure and nurturing environment for up to 30 families, accommodating 85 individuals in total. During the fiscal year ending September 30, 2022, the donated use of their facilities was estimated to be worth $27,600. By offering this vital service, Promise Ridge enables families to focus on their path towards self-sufficiency and stability.

Is Promise Ridge Inc legitimate?

Promise Ridge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Ridge Inc submitted a form 990EZ, 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.

What is the mission statement of Promise Ridge Inc?

Promise Ridge Inc's mission is centered around providing assistance to homeless families. The organization offers emergency, temporary, and transitional housing, providing a secure living environment for families as they work towards self-sufficiency. During the fiscal year ending on September 30, 2022, the donated use of the facility was valued at $27,600. Through this initiative, Promise Ridge Inc has provided shelter for 30 homeless families, housing a total of 85 individuals. The organization's primary goal is to support these families in their journey towards becoming sustainable.

Who is the CEO of Promise Ridge Inc?

Unavailable

What is the revenue of Promise Ridge Inc?

Promise Ridge Inc's revenue in 2022 was $173,559.

Who are the executives of Promise Ridge Inc and what are their salaries?


Here are 8 key members and their salaries:


Melanie Wetzel (Recording Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Batalden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Forsmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Lee (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Tracy (Financial Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Krsul (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mcdermott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Promise Ridge Inc?

Promise Ridge Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Promise Ridge Inc

Promise Ridge Inc, a nonprofit organization, is dedicated to providing emergency, temporary, and transitional housing for homeless families. Its mission is to offer a secure and safe living environment for these families as they work towards becoming self-sufficient. During the fiscal year ending on September 30, 2022, Promise Ridge Inc successfully housed 30 families, which included 85 individuals. The organization's services are invaluable, providing these families with the necessary time and support to regain stability in their lives. The donated use of the facility during this period was appraised at $27,600. This underscores the vital role Promise Ridge Inc plays in supporting homeless families in their journey towards sustainability.

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Impact




October, 2024

Promise Ridge Inc has made a significant impact in Idaho Falls by providing emergency, temporary, and transitional housing for homeless families. Over the past fiscal year, it has offered a safe and secure living environment for 30 families, totaling 85 individuals, while they worked towards achieving sustainability. This initiative not only addresses immediate housing needs but also supports families in their journey toward stability and self-sufficiency. The value of the donated use of the facility during this period is estimated at $27,600, reflecting the community's commitment to helping those in need. Through its efforts, Promise Ridge Inc plays a crucial role in alleviating homelessness and contributing to the overall well-being of its community.




This information is meant to be a general summary of Promise Ridge 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.

Revenue
$173,559 (2022)
Expenses
$158,773 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $173,559

Assets and Liabilities:

  • Total Assets: $58,039
  • Total Liabilities: $2,903
  • Net Assets: $55,136

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Organization Details

Main Address

288 N RIDGE, IDAHO FALLS, ID, 83402

NTEE Category

Code: P20 - Human services

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