Overview
What is Phoenix Residential Investment Development Effort?
The Phoenix Residential Investment Development Effort, often referred to as PRIDE, is a dedicated nonprofit organization based in Phoenix, Arizona. Their primary mission is to promote and preserve affordable housing within the city. This involves offering below-market rental rates to low- and moderate-income tenants residing in Ladera Del Norte and Santa Fe Springs Apartments, among others. PRIDE's activities are geared towards addressing the housing needs of Phoenix's residents, aiming to contribute positively to the community's overall living conditions.
Is Phoenix Residential Investment Development Effort legitimate?
Phoenix Residential Investment Development Effort is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Residential Investment Development Effort 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Phoenix Residential Investment Development Effort
Phoenix Residential Investment Development Effort, commonly known as PRIDE, is committed to the development and preservation of affordable housing within the city. This nonprofit organization's mission is to provide below-market rental rates to low and moderate-income tenants residing in Ladera del Norte and Santa Fe Springs Apartments, as well as engage in various activities aimed at making housing affordable for the residents of Phoenix. By focusing on affordable housing, PRIDE strives to contribute positively to the community, ensuring that a diverse range of individuals can call the city home.
Impact
This information is meant to be a general summary of Phoenix Residential Investment Development Effort. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Phoenix Residential Investment Development Effort, also known as PRIDE, makes a significant impact by providing below-market rental rates to low and moderate-income tenants in the city of Phoenix. Through its activities focused on developing and preserving affordable housing, PRIDE contributes to addressing the urgent need for affordable housing options for residents in Phoenix. By offering affordable housing solutions, PRIDE directly improves the quality of life for individuals and families who might otherwise struggle to find suitable housing options. Its efforts play a crucial role in enhancing community stability and promoting economic opportunity for those in need of affordable housing in Phoenix.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,720,172
OTHER INCOME
Revenue
$110,881
VENDING INCOME
Revenue
$19,382
Organization Details
Founding Year
1989
Phone
(602) 261-8954
Principal Officer
Karl Obergh
Main Address
251 W WASHINGTON STREET 4TH FLOOR, PHOENIX, AZ, 850032201
NTEE Category
Code: L80 - Housing
If you are a representative of Phoenix Residential Investment Development Effort 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.