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Nonprofit · EIN 99-3208939

PROMISE CARES HOUSING AND DEVELOPMENT INC

Tax-exempt · MEMPHIS, TN 38127

Financials

Financials of PROMISE CARES HOUSING AND DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-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.

NameTitleHours / weekCompensation
ELLIOT SHELTON SRCHIEF EXECUTIVE OFFICER5$0
LEANDREA RATLIFFSECRETARY15$0
CYNTHIA REEDBOARD MEMBER3$0
ELLIOT SHELTON JREXECUTIVE OFFICER20$0
TANDRA INMONBOARD MEMBER3$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

990-EZ for the year ended December 31, 2024

Program accomplishments

  • RENOVATION EXPENSES
    Expenses $81,633
  • CURB APPEAL AND GENERAL LANDSCAPING EXPENSES
    Expenses $4,975
  • INSURANCE EXPENSE
    Expenses $2,384
  • OTHER PROGRAM SERVICES
    grants $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024Check 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)
Assets (IRS master file)
$275,979

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024––$275,979XML

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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