EIN 81-2532681

Promise Pointe

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2016
Most recent tax filings
2023-12-01
Description
Promise Pointe creates a supportive community by providing permanent affordable housing for the chronically homeless in Victoria County and surrounding areas. It constructs "tiny houses" with one room and a closet as part of the initiative and fosters a sense of community among residents.
Total revenues
$397,593
2023
Total expenses
$210,040
2023
Total assets
$1,666,317
2023
Num. employees
0
2023

Program areas at Promise Pointe

Began providing a permanent affordable housing and a supportative community for the chromically homeless in victoria, Texas and the crossroads region. Continued to build "tiny houses" (which contain one room and a closet) for residents,created a community laundry, library and bath building. Assisted residents in regaining their independence and helped to create better lives that would have been impossible without a safe and sound home in which to live. Four tiny houses were completed in 2023 and at the end of 2023 a total of 18 tiny houses have been completed. Construction in progress of two additional "tiny houses" continues in 2024.

Who funds Promise Pointe

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Network for GoodUnrestricted$23,556
The O'Connor and Hewitt FoundationFunding To Help Build Tiny Home Cottages To Help End Homelessness Through Community$10,000
The Kathryn O'Connor FoundationProvide Support for Expanision of An Additional Facility for More Residents$10,000
...and 6 more grants received

Personnel at Promise Pointe

NameTitleCompensation
Buddy BreivogelTreasurer$0
Gail HoadSecretary$0
Mike OlsonPresident / Director$0
Kathryn Munoz-HicklVice - President$0
Sherri StricklandPast President$0
...and 1 more key personnel

Financials for Promise Pointe

RevenuesFYE 12/2023
Total grants, contributions, etc.$346,237
Program services$51,169
Investment income and dividends$169
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18
Total revenues$397,593

Form 990s for Promise Pointe

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2023-122024-05-08990View PDF
2022-122023-07-31990View PDF
2021-122022-11-14990View PDF
2020-122021-11-02990View PDF
...and 2 more Form 990s
Data update history
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2024
Updated personnel
Identified 3 new personnel
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Kathryn O'Connor Foundation
December 30, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from The O'Connor and Hewitt Foundation
October 5, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousingHomelessness
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 2293
Victoria, TX 77902
Metro area
Victoria, TX
County
Victoria County, TX
Website URL
promisepointe.org/ 
IRS details
EIN
81-2532681
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L41: Homeless, Temporary Shelter
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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