Overview
What is Promise Housing Plus?
Promise Housing Plus is a nonprofit organization dedicated to serving disadvantaged individuals. Their primary focus is on providing affordable housing solutions. Beyond housing, they offer job training and skill development opportunities for employees who may struggle to find employment elsewhere. Moreover, they have programs designed to equip individuals with the necessary skills to refurbish housing units, which are then donated to suitable organizations. This holistic approach aims to help those in need secure stable housing and improve their employment prospects.
Is Promise Housing Plus legitimate?
Promise Housing Plus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Housing Plus 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: $35,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,925
For more financial information, click here
What is the mission statement of Promise Housing Plus?
Promise Housing Plus aims to offer affordable housing solutions to disadvantaged individuals. Beyond providing housing, the organization also provides job training and skill development opportunities for individuals who may face challenges in securing employment elsewhere. Furthermore, Promise Housing Plus has programs that equip individuals with the necessary skills to refurbish and donate refurbished housing units to appropriate organizations. In essence, the mission of Promise Housing Plus is to improve living conditions and employment prospects for disadvantaged individuals.
Who is the CEO of Promise Housing Plus?
Larry Stoess is the CEO of Promise Housing Plus The CEO's salary of Promise Housing Plus is $0 and their total compensation is $0.
What is the revenue of Promise Housing Plus?
Promise Housing Plus's revenue in 2023 was $485,643.
Who are the executives of Promise Housing Plus and what are their salaries?
The average compensation at Promise Housing Plus during 2023 was $31,785. There are 5 employees and 2 volunteers at Promise Housing Plus.
Here are 4 key members and their salaries (Promise Housing Plus's CEO's salary is $0 and their total compensation is $0):
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Promise Housing Plus?
Promise Housing Plus's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Promise Housing Plus
Promise Housing Plus, as a nonprofit organization, is dedicated to providing affordable housing solutions for those who are disadvantaged. Beyond this, the organization also offers job training and skill development programs for individuals who struggle to find employment elsewhere. Furthermore, Promise Housing Plus has initiatives in place to prepare individuals to acquire housing that can be refurbished and subsequently donated to suitable organizations. The mission of Promise Housing Plus is multifaceted, aiming to not only provide a roof over the heads of those in need but also equip them with the necessary skills to improve their lives and contribute to their communities.
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Impact
October, 2024
Promise Housing Plus significantly impacts the community by providing affordable housing to disadvantaged individuals, addressing one of the most pressing needs in Louisville, KY. The organization not only creates stable living conditions but also fosters economic empowerment by offering job training and skills development for those who face barriers to employment. These programs equip participants with the skills necessary to secure stable jobs and improve their economic outlook.
Furthermore, Promise Housing Plus prepares individuals to acquire housing that can be refurbished, enhancing community aesthetics and providing additional housing opportunities. By facilitating the donation of these refurbished homes to appropriate organizations, they promote social responsibility and community engagement. Overall, the initiatives of Promise Housing Plus contribute to breaking the cycle of poverty, improving quality of life, and building a stronger, more resilient community.
This information is meant to be a general summary of Promise Housing Plus. 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 2023.
- Program Service Revenue: $441,622
- Gross Receipts: $488,078
Assets and Liabilities:
- Total Assets: $267,187
- Total Liabilities: $3,108
- Net Assets: $264,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JOB TRAINING REVENUE
Revenue
$441,622
Organization Details
Principal Officer
C Ryan Stoess
NTEE Category
Code: X20 - Religion related
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