Place of Promise Inc.
Place of Promise Inc.
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About this organization
Revenue
$501,954
Expenses
$357,935
Mission
Provide a residence and integrated supportive services within community to help each individual realize their maximum potential - physical, mental, and spiritual.
About
Providing a residence with integrated support services, Place of Promise: - served 192 in core programs including 40 in adult residential addiction recovery, 82 in kids of promise summer and afterschool, and 39 in spiritual mentoring and systems advocacy training. - served 209 in neighborhood outreach including 58 in bible studies and an estimated 151 in the neighborhood block party. - provided an estimated 377 volunteers and hundreds of donors the means to provide assistance and services to persons in need. 40 of these volunteers were adults regularly integrated into the program services provided.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Provide a residence and integrated supportive services within community to help each individual realize their maximum potential - physical, mental, and spiritual.”.
When discussing its operations, they were characterized as: “Provide a residence and integrated supportive services within community to help each individual realize their maximum potential - physical, mental, and spiritual.”.
- The non-profit's legally reported state of operation is MA.
- The filing states that the non-profit's address in the year 2020 is P O BOX 1132, LOWELL, MA, 01853.
- The form submitted by the non-profit for 2020 shows a total of 8 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $144,019.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization has 6 independent voting members.
- The organization was formed in 1994.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $213,343 in salary, compensation, and benefits to its employees.
- The organization pays $16,368 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.