Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PROMISE POINTE INC is a nonprofit organization focused on housing development, dedicated to providing permanent affordable housing and a transformative supportive residential community for the homeless in Victoria, Texas, and the Crossroads region. With an operating budget of $262.6K and total revenue of $303.8K for the filing year 2024, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.promisepointe.org.

Mission Statement

PROVIDE THE HOMELESS OF VICTORIA, TEXAS AND THE CROSSROADS REGION WITH PERMANENT AFFORDABLE HOUSING AND A TRANSFORMATIVE SUPPORTIVE RESIDENTIAL COMMUNITY.
Revenues
$303.8K
Expenses
$262.6K
Net Income:
+$41.2K
Assets
$1.7M
Liabilities
$3.7K
Net Assets:
+$1.7M
Operating Budget
$262.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$25.2K
Largest grant received
$25.8K
F
Frank Reyes
Board Member
N
Nelda Chambers
Board Member
S
Sister Rebecca Janacek
Board Member

Frequently Asked Questions

What is PROMISE POINTE INC’s budget?
In 2024, PROMISE POINTE INC reported an annual operating budget of around $263 thousand. More detailed financial information is available to registered users.
What causes does PROMISE POINTE INC support?
PROMISE POINTE INC supports work in Housing development.
Where does PROMISE POINTE INC operate?
PROMISE POINTE INC is headquartered in Victoria, TX.
Who funded PROMISE POINTE INC recently?
In 2024, PROMISE POINTE INC received grants from Greater Houston Community Foundation, NETWORK FOR GOOD, and THE O'CONNOR & HEWITT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant PROMISE POINTE INC received in 2024?
The largest grant to PROMISE POINTE INC in 2024 exceeds $26 thousand.