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Phoenix Ministries 3 Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475217326 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Phoenix Ministries 3 Inc?

Phoenix Ministries 3 Inc., established in 2015, is a nonprofit organization based in Denver, Colorado, following the guidelines of the U.S. Department of Housing and Urban Development (HUD). Its primary mission is to provide affordable low-income housing and related programs, specifically targeting the elderly and indigent individuals, in accordance with Section 202 of the National Housing Act. The organization operates under the not-for-profit statutes of Arizona, aiming to meet the housing needs of this demographic.


Is Phoenix Ministries 3 Inc legitimate?

Phoenix Ministries 3 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix Ministries 3 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,931

For more financial information, click here


What is the mission statement of Phoenix Ministries 3 Inc?
Who is the CEO of Phoenix Ministries 3 Inc?
What is the revenue of Phoenix Ministries 3 Inc?
Who are the executives of Phoenix Ministries 3 Inc and what are their salaries?
Where can I find the form 990 for Phoenix Ministries 3 Inc?

Mission Statement of Phoenix Ministries 3 Inc

Phoenix Ministries 3 Inc, established in 2015, was founded under the not-for-profit statutes of Arizona with a specific mission. This mission involves establishing, owning, and maintaining affordable housing programs for the elderly and indigent, adhering to the guidelines set by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. In simpler terms, Phoenix Ministries 3 Inc is dedicated to providing affordable housing solutions for the elderly and those in need, working within the regulations established by HUD. The organization's objective is to enhance the living standards of these individuals by providing them with suitable housing options.

Impact

This information is meant to be a general summary of Phoenix Ministries 3 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Phoenix Ministries 3 Inc's impact can be seen in its efforts to establish, own, and maintain affordable low-income housing and related housing programs for the aging and indigent population. By following the guidelines of the U.S. Department of Housing and Urban Development, specifically pursuant to Section 202 of the National Housing Act, Phoenix Ministries 3 Inc is addressing critical housing needs within its community. This organization plays a crucial role in providing essential housing support to vulnerable individuals, contributing to improved quality of life and stability for those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $96
  • Program Service Revenue: $273,732
  • Gross Receipts: $793,148

    • Assets and Liabilities:
  • Total Assets: $6,621,215
  • Total Liabilities: $2,954,876
  • Net Assets: $3,666,339
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET RENTAL REVENUE

    Revenue

    $266,611

    ANCILLARY SERVICES

    Revenue

    $5,872

    OTHER REVENUE

    Revenue

    $1,249

    Organization Details

    Founding Year

    2015

    Principal Officer

    Melissa Clayton

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Phoenix Ministries 3 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.