Public Charity

PLACE OF PROMISE INC

PLACE OF PROMISE INC is a nonprofit organization categorized as Public Charity based in LOWELL, MA. Its most recent IRS filing (2025) reports revenue of $710K, expenses of $509K, total assets of $2.0M. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $712K.

EIN: 043233151 LOWELL, MA Latest filing: 2025
Total Revenue$710K
Total Expenses$509K
Total Assets$2.0M
Grant Records28
Funding Total$712K
Filing Years2021–2025

Mission

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

Officers & Directors

DIRECTOR Angel Guzman
SECRETARY/CL Carol Mostrom
DIRECTOR Claire Gagnon
DIRECTOR/CHA Craig Utley
DIRECTOR Dave Renna
DIRECTOR Elizabeth Kidd

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$534,175 9 grants
GROWTH
$34,000 3 grants
CARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS
$30,000 2 grants
FOR GENERAL SUPPORT
$20,500 2 grants
ADDICTION
$18,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $710K $509K $2.0M
2024 $706K $468K $1.8M
2023 $495K $386K $1.6M
2022 $642K $355K $1.5M
2021 $755K $341K $1.3M

Between 2021 and 2025, reported annual revenue declined from $755K to $710K (-6%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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