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Promise Land Community Development

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

EIN: 912044127 ✦ Augusta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Promise Land Community Development?

Promise Land Community Development is a nonprofit organization situated in Augusta, Georgia. Their primary mission is to provide affordable housing solutions for low-income families and offer educational opportunities for at-risk students through college scholarships. To accomplish this, they offer financial assistance to families seeking to purchase homes, provide credit counseling services, construct new homes, buy, repair, and sell homes to qualified families, and award scholarships to deserving individuals. This holistic approach aims to improve the livelihoods of families in need and empower vulnerable students with educational opportunities.

Is Promise Land Community Development legitimate?

Promise Land Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promise Land Community Development 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: $0

For more financial information, click here

What is the mission statement of Promise Land Community Development?

Promise Land Community Development is committed to providing affordable housing solutions for low-income families. In addition to this, the organization offers college scholarships to at-risk students. Their mission is reflected in their financial assistance program for families looking to purchase homes, as well as in their credit counseling services offered to clients. They also construct new homes for low- to moderate-income families and have a history of buying, repairing, and selling homes to qualify individuals in the same income bracket. Furthermore, Promise Land Community Development supports the academic aspirations of at-risk students by offering scholarships to help them pursue higher education.

Who is the CEO of Promise Land Community Development?

Sheila Boazman is the Executive Director of Promise Land Community Development.

What is the revenue of Promise Land Community Development?

Promise Land Community Development's revenue in 2022 was $429,016.

Who are the executives of Promise Land Community Development and what are their salaries?


Here are 5 key members and their salaries:


Sheila Boazman (Executive Director)
  • Compensation: $50,000
  • Related: $0
  • Other: $0
Patricia Gilchrist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $460
Denine Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jevon Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Barnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Promise Land Community Development?

Promise Land Community Development's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Promise Land Community Development

Promise Land Community Development is dedicated to providing affordable housing solutions for low-income families and offering educational opportunities to at-risk students. The organization's mission is twofold: firstly, it provides financial assistance to families to help them purchase homes, offering credit counseling as a supportive service. Secondly, Promise Land Community Development constructs new homes and buys, repairs, and sells existing properties to low-income and moderate-income families. In addition to its housing initiatives, the nonprofit organization also offers college scholarships to students who are considered at risk. By providing affordable housing and educational opportunities, Promise Land Community Development aims to uplift and support disadvantaged families and individuals, contributing to their overall well-being and future prospects.

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Impact




October, 2024

Promise Land Community Development significantly enhances the lives of low-income families in Augusta, GA, by providing essential affordable housing solutions. Their impact includes facilitating home ownership through financial assistance, helping families navigate the complexities of purchasing homes, and offering crucial credit counseling services. They also engage in the construction of new homes tailored specifically for low to moderate-income families, ensuring that safe and decent housing is accessible to those in need.

In addition to housing, Promise Land Community Development addresses educational barriers by providing college scholarships for at-risk students. This support empowers young individuals to pursue higher education, fostering a cycle of opportunity and self-sufficiency within the community. Through these efforts, the organization plays a pivotal role in building stronger families and creating a more equitable future.




This information is meant to be a general summary of Promise Land Community Development. 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
$429,016 (2022)
Expenses
$520,994 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,953
  • Program Service Revenue: $223,909
  • Gross Receipts: $429,016

Assets and Liabilities:

  • Total Assets: $1,173,247
  • Total Liabilities: $908,420
  • Net Assets: $264,827

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Organization Details

Founding Year

2000

Principal Officer

Sheila Boazman

Main Address

2409 Amsterdam Dr, Augusta, GA, 30906

NTEE Category

Code: L21 - Housing

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