Public Charity

PHOENIX RESIDENTIAL INVESTMENT DEVELOPMENT EFFORT

PHOENIX RESIDENTIAL INVESTMENT DEVELOPMENT EFFORT, of PHOENIX, AZ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $321K in revenue, $565K in expenses, $4.4M in total assets. 1 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 860654497 PHOENIX, AZ Latest filing: 2025
Total Revenue$321K
Total Expenses$565K
Total Assets$4.4M
Grant Records1
Funding Total$2.9M
Filing Years2021–2025

Mission

THE PHOENIX RESIDENTIAL INVESTMENT DEVELOPMENT EFFORT (PRIDE) IS DEDICATED TO THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING IN THE CITY OF PHOENIX

Sample Grants Received

2019
GENERAL SUPPORT
$2,850,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

TREASURER Del-Monte Edwards
PRESIDENT Karl Obergh
SECRETARY Linda Jensen
BOARD MEMBER Michael Axelrod

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$2,850,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $321K $565K $4.4M
2024 $5.5M $3.6M $4.9M
2023 $2.8M $4.1M $16.7M
2022 $2.9M $4.0M $18.0M
2021 $2.5M $2.8M $18.8M

Between 2021 and 2025, reported annual revenue declined from $2.5M to $321K (-87%), with total assets most recently reported at $4.4M.

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

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