Nonprofit · EIN 99-3208939
PROMISE CARES HOUSING AND DEVELOPMENT INC
Tax-exempt · MEMPHIS, TN 38127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | – | – | – | $275,979 | $165,000 | $110,979 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
- Program services (functional)
- $88,992
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $275,979
- Total liabilities, end of year
- $165,000
- Net assets, end of year
- $110,979
- Cash, savings and investments
- $88,125
- Land and buildings
- $187,854
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLIOT SHELTON SR | CHIEF EXECUTIVE OFFICER | 5 | $0 |
| LEANDREA RATLIFF | SECRETARY | 15 | $0 |
| CYNTHIA REED | BOARD MEMBER | 3 | $0 |
| ELLIOT SHELTON JR | EXECUTIVE OFFICER | 20 | $0 |
| TANDRA INMON | BOARD MEMBER | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 3430 OVERTON CROSSING ST, MEMPHIS, TN 38127-5748
- In care of
- % PASTOR ELLIOT SHELTON SR
- Signed the 990-EZ
- ELLIOT SHELTON SR, CHIEF EXECUTIVE OFFICER
- Return prepared by
- CRITTLE FINANCIAL INC
Mission
TO PROVIDE AFFORDABLE HOUSING
Program accomplishments
- RENOVATION EXPENSESExpenses $81,633
- CURB APPEAL AND GENERAL LANDSCAPING EXPENSESExpenses $4,975
- INSURANCE EXPENSEExpenses $2,384
- OTHER PROGRAM SERVICESgrants $1,153
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3208939
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $275,979
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | – | – | $275,979 | XML |
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 99-3208939).
Questions about PROMISE CARES HOUSING AND DEVELOPMENT INC
- What is the EIN of PROMISE CARES HOUSING AND DEVELOPMENT INC?
- The employer identification number (EIN) of PROMISE CARES HOUSING AND DEVELOPMENT INC is 99-3208939.
- Is PROMISE CARES HOUSING AND DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to PROMISE CARES HOUSING AND DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROMISE CARES HOUSING AND DEVELOPMENT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PROMISE CARES HOUSING AND DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROMISE CARES HOUSING AND DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of PROMISE CARES HOUSING AND DEVELOPMENT INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
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- MEMPHIS UNION MISSION EIN 62-0541811 · last filed 990 for 2025
- THE HEALTH EDUCATIONAL AND HOUSING FACILITY BOARD OF THE CITY OF MEMP EIN 62-1209024 · last filed 990 for 2024
- UNITED HOUSING INC EIN 62-1597364 · last filed 990 for 2025
- PROMISE DEVELOPMENT CORPORATION EIN 31-1708526 · last filed 990 for 2023
- URBAN RENAISSANCE PARTNERS INC EIN 47-5487600 · last filed 990 for 2024
- MEMPHIS JEWISH HOUSING DEVELOPMENT CORP EIN 62-1027049 · last filed 990 for 2025