Public Charity

PROMISE INC

PROMISE INC is a nonprofit organization categorized as Public Charity based in WEST MELBOURNE, FL. Its most recent IRS filing (2025) reports revenue of $1.7M, expenses of $1.3M, total assets of $6.6M. Imperigo tracks 46 reported grant relationships connected to this organization totaling approximately $710K.

EIN: 900520600 WEST MELBOURNE, FL Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.3M
Total Assets$6.6M
Grant Records46
Funding Total$710K
Filing Years2021–2025

Mission

PROMISE, INC. IS A 501(C)3 NONPROFIT ORGANIZATION ESTABLISHED IN 2009 THAT WAS DESIGNED TO PROVIDE AFFORDABLE, INDEPENDENT HOUSING FOR INDIVIDUALS WITH COGNITIVE AND PHYSICAL DISABILITIES UTILIZING PUBLIC AND PRIVATE PARTNERSHIPS TO DEVELOP A MODEL COMMUNITY.

Where $100 goes at Promise Inc

How Promise Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$17 Management running the organization
$6 Fundraising raising the next dollar

Inside the $77 for programs

$77
Promise's resident community program
All program spending · Reported in the filing: 30 adults; 40 volunteers; 150 guests
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE CHAIR Cindy Dropesky
DIRECTOR David Lazear
CHAIR Dr Lori D Bradstreet
DIRECTOR Frank J Vega
DIRECTOR Harold Edward Rusty Melle
CEO Jeff Kiel

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$454,930 25 grants
Health & Medicine
$77,700 7 grants
Housing & Homelessness
$46,000 2 grants
Mental Health & Substance Abuse
$20,000 1 grant
Human & Social Services
$15,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.7M $1.3M $6.6M
2024 $1.6M $1.5M $5.6M
2023 $1.9M $1.7M $5.5M
2022 $2.1M $1.7M $5.4M
2021 $1.6M $1.5M $6.4M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $1.7M (+6%), with total assets most recently reported at $6.6M.

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

See the full picture for PROMISE INC

Complete financials, all 46 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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