Nonprofit · EIN 90-0520600
PROMISE INC
Tax-exempt · W MELBOURNE, FL 32904
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,716,351 | $1,320,109 | $396,242 | $6,586,285 | $396,350 | $6,189,935 |
| December 31, 2024 | 990 | $1,583,902 | $1,469,304 | $114,598 | $5,619,299 | $63,869 | $5,555,430 |
| December 31, 2023 | 990 | $1,926,144 | $1,699,408 | $226,736 | $5,531,883 | $88,018 | $5,443,865 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,021,216
- Program service revenue
- $269,562
- Investment income
- $34,520
- Net rental income
- $10,063
- Net income from fundraising events
- $205,611
- Net income from sales of inventory
- $63,959
- Other revenue
- $391,053
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $155,417
- Other salaries and wages
- $616,799
- Salaries, compensation and benefits (total)
- $863,232
- Professional fundraising fees
- $0
- Accounting fees
- $26,371
- Occupancy
- $26,653
- Depreciation
- $76,640
- Program services (functional)
- $964,528
- Management and general (functional)
- $278,973
- Fundraising (functional)
- $76,608
Balance sheet and other
- Total assets, start of year
- $5,619,299
- Total assets, end of year
- $6,586,285
- Total liabilities, end of year
- $396,350
- Net assets, end of year
- $6,189,935
- Land, buildings and equipment
- $1,442,563
- Net assets without donor restrictions
- $6,003,989
- Net assets with donor restrictions
- $185,946
- Gross receipts
- $2,003,720
- Employees
- 50
- Volunteers
- 75
- Year formed
- 2009
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF KIEL | CEO Officer | 40 | $155,820 | $5,890 |
| DR LORI D BRADSTREET | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE COOPER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| FRANK J VEGA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA DUGAS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARGARET LOHAN-AVALOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYNN WILSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CINDY DROPESKY | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| MASON WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROLD EDWARD RUSTY MELLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID LAZEAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT BUESCHER | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF KIEL | CEO Officer | 40 | $161,254 | $7,507 |
| DR LORI D BRADSTREET | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE COOPER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| FRANK J VEGA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA DUGAS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARGARET LOHAN-AVALOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYNN WILSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CINDY DROPESKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MASON WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROLD EDWARD RUSTY MELLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID LAZEAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT BUESCHER | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF KIEL | CEO Officer | 40 | $145,140 | $7,110 |
| DR LORI D BRADSTREET | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TERRY L LOCKE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE COOPER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| FRANK J VEGA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA DUGAS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARGARET LOHAN-AVALOS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYNN WILSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CINDY DROPESKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MASON WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROLD EDWARD RUSTY MELLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4105 NORFOLK PKWY, W MELBOURNE, FL 32904-8626
- Mailing address (990-N for 2010)
- 1490 DOWD COURT SE, PALM BAY FL 32909
- Principal officer (990 for 2025)
- JEFF KIEL, 4105 NORFOLK PARKWAY, WEST MELBOURNE, FL 32904
- Principal officer (990-N for 2010)
- BETTINA D FARMER, 1490 DOWD COURT SE, PALM BAY FL 32909
- Signed the 990
- JEFF KIEL, PRESIDENT & CEO
- Phone
- (321) 722-7400
- Website
- PROMISEINBREVARD.COM
- Return prepared by
- CRI ADVISORS LLC
Mission
PROMISE, INC. IS A 501(C)3 NONPROFIT ORGANIZATION ESTABLISHED IN 2009 THAT WAS DESIGNED TO PROVIDE AFFORDABLE, INDEPENDENT HOUSING FOR INDIVIDUALS WITH COGNITIVE AND PHYSICAL DISABILITIES UTILIZING PUBLIC AND PRIVATE PARTNERSHIPS TO DEVELOP A MODEL COMMUNITY.
Program accomplishments
- PROMISE'S RESIDENT COMMUNITY PROGRAM - INCORPORATES A VARIETY OF PROGRAMS AND SERVICES THAT SEEK TO PROVIDE A FULFILLING LIFE FOR EACH OF ITS RESIDENTS. THE RESIDENT COMMUNITY PROGRAM (RCP) INCLUDES VOCATIONAL TRAINING AND EMPLOYMENT OPPORTUNITIES; TRANSPORTATION SERVICES; INDEPENDENT LIVING COURSES; HEALTH, FITNESS AND NUTRITION CLASSES. THE RESIDENTS PARTICIPATING IN THE RCP HAVE MORE THAN 60 ACTIVITIES PER WEEK TO CHOOSE FROM.PROMISE TREASURES THRIFT SHOPPE - OPENED IN OCTOBER 2013, IS THE PROMISE TREASURES THRIFT SHOPPE, LOCATED IN WEST MELBOURNE, FLORIDA. THE ORGANIZATION CURRENTLY HAS EIGHT RESIDENTS ON THE PAYROLL AT TREASURES AND PROVIDE VOCATIONAL TRAINING FOR ANOTHER 30 YOUNG ADULTS WITH SPECIAL NEEDS AND OPERATE WITH THE HELP OF MORE THAN 40 COMMUNITY VOLUNTEERS. TREASURES OFFERS A VARIETY OF BOUTIQUE AND FURNITURE ITEMS, HOME DECOR, ELECTRONICS, HOLIDAY ITEMS, HANDMADE SOY CANDLES, ALL-NATURAL DOGGIE TREATS AND MORE TO CUSTOMERS. IN MID-DECEMBER 2023, THE ORGANIZATION RENAMED THE THRIFT SHOPPE TO TREASURES BOUTIQUE AND RELOCATED OPERATIONS TO THE CAFE AND BAKERY INSIDE AVES' PLACE.PROMISE CAFE & BAKERY THE ORGANIZATION BROKE GROUND ON THE SECOND SOCIAL ENTERPRISE, THE PROMISE CAFE & BAKERY, IN SEPTEMBER 2016 AND COMPLETED CONSTRUCTION IN EARLY 2020. LOCATED IN WEST MELBOURNE COMMUNITY PARK AND DIRECTLY SOUTH OF THE SPACE COAST FIELD OF DREAMS, THE PROMISE CAFE & BAKERY, ALSO KNOWN AS AVES' PLACE, IS A 7,000-SQUARE-FOOT FACILITY THAT CAN HOST EVENTS WITH UP TO 150 GUESTS, AS WELL AS A 40-SEAT PRIVATE DINING ROOM/MEETING ROOM FOR SMALLER EVENTS. THE CAFE FEATURES INDOOR SEATING, A CHILDREN'S AREA AND GALLERY FEATURING ARTWORK MADE BY PROMISE RESIDENTS AVAILABLE FOR PURCHASE, AS WELL AN OUTDOOR WALK-UP WINDOW AND OPEN-AIR HANDICAPPED-ACCESSIBLE PICNIC TABLES. THE ORGANIZATION OFFERS MULTIPLE SPACES FOR RENT AT THE PROMISE CAFE & BAKERY, INCLUDING A MAIN DINING ROOM THAT CAN SEAT 150 GUESTS AS WELL AS A PRIVATE DINING ROOM, WHICH CAN SEAT UP TO 40.PROMISE CREATIVE ARTS CENTER THE PROMISE CREATIVE ARTS CENTER WAS DESIGNED TO FOSTER A SENSE OF CREATIVITY FOR THE RESIDENTS WITH SPECIAL NEEDS, AS WELL AS FOR THE ENTIRE COMMUNITY. ONE OF PROMISE'S PLANNED SOCIAL ENTERPRISES, THE ARTS CENTER FEATURES A LARGE STUDIO AND OUTDOOR PATIO AND THE WORK OF THE RESIDENTS IS ON DISPLAY AT THE PROMISE CAFE & BAKERY AND IS AVAILABLE FOR PURCHASE, WHICH DIRECTLY SUPPORTS THE ORGANIZATION'S ART PROGRAM. THE SPACE CAN BE RENTED OUT FOR EVENTS AND PRIVATE CLASSES AND THE ORGANIZATION WELCOMES ARTISTS FROM THROUGHOUT THE AREA WHO WOULD LIKE TO HOST THEIR OWN ART CLASSES AND WORKSHOPS.PROMISE SWEET SUE'S SALON LOCATED AT THE PROMISE MAIN CAMPUS, SWEET SUE'S SALON PROVIDES A ONE-ON-ONE EXPERIENCE FOR CLIENTS OUT IN THE COMMUNITY AS WELL AS FOR OUR PROMISE RESIDENTS. A FULLSERVICE SALON, SWEET SUE'S IS DISABILITY-FRIENDLY AND CATERS TO THOSE WITH SPECIAL NEEDS.Expenses $964,528 · revenue $455,004
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 90-0520600
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $6,586,285
- Income (IRS master file)
- $2,003,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,716,351 | $1,320,109 | $6,586,285 | XML |
| 990 | December 2024 | $1,583,902 | $1,469,304 | $5,619,299 | IRS |
| 990 | December 2023 | $1,926,144 | $1,699,408 | $5,531,883 | XML |
| 990 | December 2022 | $2,100,149 | $1,727,175 | $5,412,626 | IRS |
| 990 | December 2021 | $1,622,673 | $1,511,637 | $6,433,765 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2010 Officer: BETTINA D FARMER | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0520600).
Questions about PROMISE INC
- What is the EIN of PROMISE INC?
- The employer identification number (EIN) of PROMISE INC is 90-0520600.
- Is PROMISE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to PROMISE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMISE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROMISE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROMISE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROMISE INC?
- The 990 for the year ended December 31, 2025 names JEFF KIEL.
- Who are the officers and directors of PROMISE INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $155,820 (JEFF KIEL, CEO).
- How much revenue does PROMISE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,716,351, expenses of $1,320,109 and total assets of $6,586,285 at year end.
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