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Nonprofit · EIN 04-3233151

PLACE OF PROMISE INC

Tax-exempt · LOWELL, MA 01850

Financials

$495K$386K2022$706K$468K2023$710K$509K2024
Revenue Expenses · by fiscal year end
Financials of PLACE OF PROMISE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$709,751$509,225$200,526$2,048,043$17,261$2,030,782
June 30, 2024990$705,771$467,806$237,965$1,846,885$16,629$1,830,256
June 30, 2023990$494,800$386,007$108,793$1,606,411$14,120$1,592,291
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$615,460
Program service revenue
$58,016
Investment income
$36,275
Net gain from sales of assets
$2,358
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$25,015
Other salaries and wages
$280,554
Salaries, compensation and benefits (total)
$336,937
Professional fundraising fees
$0
Accounting fees
$6,200
Occupancy
$50,479
Travel
$6,682
Depreciation
$36,539
Program services (functional)
$406,840
Management and general (functional)
$80,545
Fundraising (functional)
$21,840

Balance sheet and other

Total assets, start of year
$1,846,885
Total assets, end of year
$2,048,043
Total liabilities, end of year
$17,261
Net assets, end of year
$2,030,782
Land, buildings and equipment
$573,568
Publicly traded securities
$972,714
Net assets without donor restrictions
$2,030,747
Net assets with donor restrictions
$35
Gross receipts
$711,875
Employees
16
Volunteers
193
Year formed
1994
State of legal domicile
MA

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH KIDDDIRECTOR
Trustee or director
40$25,015
JACOB ALEXANDERDIRECTOR/TRE
Trustee or director, Officer
2$0
CLAIRE GAGNONDIRECTOR
Trustee or director
1$0
GARY GREAVESDIRECTOR
Trustee or director
1$0
ANGEL GUZMANDIRECTOR
Trustee or director
1$0
CAROL MOSTROMSECRETARY/CL
Trustee or director, Officer
2$0
DAVE RENNADIRECTOR
Trustee or director
1$0
LISANDRA ROSARIODIRECTOR
Trustee or director
1$0
SANDRA SICILIANODIRECTOR / C
Trustee or director, Officer
2$0
CRAIG UTLEYDIRECTOR/CHA
Trustee or director, Officer
2$0
HEATHER WESTCOTTDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
ELIZABETH KIDDDIRECTOR
Trustee or director
40$15,600
JACOB ALEXANDERDIRECTOR/TRE
Trustee or director
2$0
CLAIRE GAGNONDIRECTOR
Trustee or director
2$0
CAROL MOSTROMSECRETARY/CL
Trustee or director
2$0
SANDRA SICILIANODIRECTOR / C
Trustee or director
2$0
CRAIG UTLEYDIRECTOR/CHA
Trustee or director
2$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
ELIZABETH KIDDDIRECTOR
Trustee or director
40$15,250
JACOB ALEXANDERDIRECTOR/TRE
Trustee or director
2$0
CLAIRE GAGNONDIRECTOR
Trustee or director
2$0
CAROL MOSTROMSECRETARY/CL
Trustee or director
2$0
SANDRA SICILIANODIRECTOR / C
Trustee or director
2$0
CRAIG UTLEYDIRECTOR/CHA
Trustee or director
2$0

Address and contacts

Address (IRS master file)
203 LUDLAM ST, LOWELL, MA 01850-1425
In care of
% ELIZABETH KIDD
Principal officer (990 for 2024)
JEFFRY KIEL, P O BOX 1132, LOWELL, MA 01853
Signed the 990
JEFFRY KIEL, EXECUTIVE DIRECTOR
Phone
(978) 452-7217
Return prepared by
BRENT RICHARDSON CPA

Mission

PROVIDE A RESIDENCE AND INTEGRATED SUPPORTIVE SERVICES WITHIN COMMUNITY TO HELP EACH INDIVIDUAL REALIZE THEIR MAXIMUM POTENTIAL - PHYSICAL, MENTAL, AND SPIRITUAL.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING A RESIDENCE WITH INTEGRATED SUPPORT SERVICES, PLACE OF PROMISE: - SERVED 215 IN CORE PROGRAMS INCLUDING 110 IN ADULT RESIDENTIAL ADDICTION RECOVERY, 95 IN KIDS OF PROMISE SUMMER AND AFTERSCHOOL, AND 14 IN SPIRITUAL MENTORING AND SYSTEMS ADVOCACY TRAINING. - SERVED 25 IN NEIGHBORHOOD OUTREACH BIBLE STUDIES - SERVED APPROX 520 IN NEIGHBORHOOD BLOCK PARTY - PROVIDED AN ESTIMATED 193 VOLUNTEERS THE MEANS TO PROVIDE ASSISTANCE AND SERVICES TO PERSON IN NEED. 38 OF THESE VOLUNTEERS WERE ADULTS REGULARLY INTEGRATED INTO THE PROGRAM SERVICES PROVIDED.
    Expenses $406,840 · revenue $58,016

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3233151
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
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,048,043
Income (IRS master file)
$711,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$709,751$509,225$2,048,043XML
990June 2024$705,771$467,806$1,846,885XML
990June 2023$494,800$386,007$1,606,411XML
990June 2022$641,542$354,829$1,499,593IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 04-3233151).

Questions about PLACE OF PROMISE INC

What is the EIN of PLACE OF PROMISE INC?
The employer identification number (EIN) of PLACE OF PROMISE INC is 04-3233151.
Is PLACE OF PROMISE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to PLACE OF PROMISE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PLACE OF PROMISE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PLACE OF PROMISE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PLACE OF PROMISE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PLACE OF PROMISE INC?
The 990 for the year ended June 30, 2025 names JEFFRY KIEL.
Who are the officers and directors of PLACE OF PROMISE INC?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $25,015 (ELIZABETH KIDD, DIRECTOR).
How much revenue does PLACE OF PROMISE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $709,751, expenses of $509,225 and total assets of $2,048,043 at year end.

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