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PROMISE DEVELOPMENT CORPORATION

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Public nonprofit record

PROMISE DEVELOPMENT CORPORATION

EIN 31-1708526 · Housing Rehabilitation (L25)

What they do

to ENHANCE THE QUALITY of LIFE THROUGH CREATING and PRESERVING HOUSING, PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES and ENCOURAGING COMMUNITY LIFE.

Money

Financial picture

Tax year 2023
Revenue$3,499,542
Expenses$3,450,236
Assets$7,218,735
Income$3,499,542
Contributions$2,212,616
Management$713,454
Executive compensation$98,254
Accounting fees$2,550

About this charity

Recognized since
January 2000
Location
262 CHELSEA AVE SUITE 101, MEMPHIS, TN 38107-2407
County
Shelby
In care of
% CORNELIUS SANDERS
Primary officer
CORNELIUS SANDERS, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990
Tax preparer
FRAZEE IVY DAVIS PLC
NTEE classification
Housing Rehabilitation (L25)
IRS tax category
Housing Rehabilitation
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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