EIN 86-0947960

Project America Development Company

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1999
Most recent tax filings
2023-06-01
Description
Project America Development Company is a private foundation located in Phoenix, AZ that primarily funds financial support of Christian ministry in the S. Phoenix area. The organization engages in economic development activity through various real estate holdings in south Phoenix, a largely Hispanic low-income neighborhood. They also provide food service to local schools and their grantees include Mary's Ministries. Last year they made one grant.
Total revenues
$759,920
2023
Total expenses
$610,738
2023
Total assets
$5,320,533
2023
Num. employees
0
2023

Program areas at Project America Development Company

To own land and lease property to charter school, to engage in community planning and economic Development, and to provide tenant services in south phoenix, Arizona, a largely hispanic community. To provide food service to local schools.
The organization engages in economic Development activity through various real estate holdings in south phoenix, a largely hispanic community. The organization leases land to a charter school, engages in community planning, and provides tenant services.
The organization engages in economic activity in south phoenix. The rental income is from its economic Development projects.

Grants made by Project America Development Company

GranteeGrant descriptionAmount
Marys MinistriesGeneral Support$440,536
Fulfillment in Training (FIT)Field Clean Up$4,000

Personnel at Project America Development Company

NameTitleCompensation
Rosemary CardenasPresident and Chief Executive Officer$32,000

Financials for Project America Development Company

RevenuesFYE 06/2023
Total grants, contributions, etc.$800
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$2,529
Gross sales of inventory$0
Miscellaneous revenues$756,591
Total revenues$759,920

Form 990s for Project America Development Company

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-07990PFView PDF
2022-062023-06-01990PFView PDF
2017-062018-11-15990View PDF
2016-062017-04-19990View PDF
2015-062016-08-03990View PDF
...and 5 more Form 990s

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Data update history
May 19, 2024
Used new vendors
Identified 1 new vendor, including
August 2, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 24, 2023
Updated personnel
Identified 7 new personnel
July 22, 2023
Used new vendors
Identified 1 new vendor, including
November 7, 2018
Posted financials
Added Form 990 for fiscal year 2017
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
ChristianReligiousProvides grantsTax deductible donationsNo full-time employees
General information
Address
5025 S Central Ave
Phoenix, AZ 85040
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Phone
(602) 281-6276
IRS details
EIN
86-0947960
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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