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Nonprofiteer
← PROJECT PLASE INC

Form 990 for tax year 2022

Filed by PROJECT PLASE INC.

Totals

Total revenue
$8,731,233
Total expenses
$8,591,919
Contributions and grants received
$8,573,789
Grants paid
$0
Program service revenue
$157,440
Investment income
$4
Other revenue
$0
Total assets, end of year
$6,936,253
Total liabilities, end of year
$1,563,628
Net assets or fund balances, end of year
$5,372,625
Program services expenses (Part IX)
$8,471,281
Management and general expenses
$113,602
Fundraising expenses
$7,036
Program service expenses (Part III)
$8,471,281

Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $8,339,870

  • 1f · All other contributions, gifts and grants

    $233,919

  • 2a · Program service revenue: RENTAL INCOME

    total $157,440 · related or exempt $157,440

  • 3 · Investment income

    total $4 · related or exempt $4

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $25,000 · program services $25,000

  • 7 · Other salaries and wages

    total $3,505,597 · program services $3,505,398 · fundraising $199

  • 11g · Fees: other

    total $362,087 · program services $292,603 · management and general $67,488 · fundraising $1,996

  • 13 · Office expenses

    total $28,930 · program services $27,438 · management and general $1,404 · fundraising $88

  • 16 · Occupancy

    total $3,593,891 · program services $3,575,602 · management and general $18,259 · fundraising $30

  • 17 · Travel

    total $14,295 · program services $14,275 · fundraising $20

  • 20 · Interest

    total $8,691 · program services $8,691

  • 22 · Depreciation, depletion and amortization

    total $91,218 · program services $91,218

  • 23 · Insurance

    total $131,507 · program services $131,502 · management and general $5

  • 24a · Other expenses: UTILITIES

    total $341,340 · program services $341,340

  • 24b · Other expenses: PROGRAM EXPENSES

    total $165,761 · program services $158,300 · management and general $7,323 · fundraising $138

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $139,368 · program services $136,129 · management and general $3,239

  • 24d · Other expenses: TRAINING DUES AND LICENCES

    total $89,180 · program services $81,354 · management and general $4,311 · fundraising $3,515

  • 24e · All other expenses

    total $95,054 · program services $82,431 · management and general $11,573 · fundraising $1,050

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,150,894 · end of year $872,791

  • 3 · Pledges and grants receivable

    beginning of year $1,882,132 · end of year $1,874,349

  • 9 · Prepaid expenses and deferred charges

    beginning of year $64,273 · end of year $73,260

  • 10a · Land, buildings and equipment: cost or other basis

    $4,440,540

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,311,031

  • 10c · Land, buildings and equipment, net

    beginning of year $2,225,962 · end of year $2,129,509

  • 15 · Other assets

    beginning of year $1,517,639 · end of year $1,986,344

  • 17 · Accounts payable and accrued expenses

    beginning of year $784,353 · end of year $677,098

  • 23 · Secured mortgages and notes payable

    beginning of year $692,023 · end of year $757,545

  • 24 · Unsecured notes and loans payable

    beginning of year $20,314 · end of year $3,126

  • 25 · Other liabilities

    beginning of year $146,101 · end of year $125,859

  • 27 · Net assets without donor restrictions

    beginning of year $3,574,247 · end of year $3,285,434

  • 28 · Net assets with donor restrictions

    beginning of year $1,623,862 · end of year $2,087,191

Mission and programs · 2022

Mission

Project PLASE,Inc. addresses homelessness by providing temporary housing, permanent housing and supportive services to homeless adults and families. We serve the most vulnerable and underserved,including persons with mental illness,HIV/AIDS,addiction& developmental disabilities.

  • SUPPORTIVE SERVICES FOR VETERANS FAMILIES- THE PRIMARY AIM OF THE SSVF PROGRAM IS TO HELP VETERAN FAMILIES WHO ARE HOMELESS, OR AT-RISK OF HOMELESSNESS, QUICKLY REGAIN STABILITY IN PERMANENT HOUSING AFTER EXPERIENCING A HOUSING CRISIS AND/OR HOMELESSNESS. FOR VETERANS AT RISK OF LOSING HOUSING, SSVF GRANT FUNDS PROVIDE SUPPORTIVE SERVICESS TO VERY LOW-INCOME VETERAN FAMILIES THAT FALL WITHIN ONE OF THE THREE CATEGORIES OF OCCUPYING PERMANENT HOUSING, INCLUDING HOMELESS PREVENTION FINANCIAL HELP AND SUPPORT SERVICES. THE STAFF OF SSVF GRANT PROVIDES THE FOLLOWING SUPPORTIVE SERVICES: RAPID REHOUSING, RENTAL ASSISTANCE, OUTREACH SERVICES, CASE MANAGMENT SERVICES, ASSISTANCE IN OBTAINING VA BENEFITS, EMPLOYMENT ASSISTANCE, LEGAL SERVICES, HEALTH, CHILD CARE, EMERGENCY SUPPLIES, AND CAR REPAIR, FOR VETERANS THAT ARE ELIGIBLE.

    Expenses $2,479,203

  • THE TEMPORARY HOUSING PROGRAM SERVES AS A BRIDGE FOR HOMELESS PERSONS WITH THE LARGER COMMUNITY; FROM CRISIS TO STABLE, SECURE HOUSING. SERVICES INCLUDE SHORT-TERM HOUSING; 24 HOUR SUPPORT; ON-STAFF NURSE; HIV AND OUTREACH SERVICES; SOCIALIZATION; ENRICHED LIFE SKILLS; INDIVIDUAL AND GROUP SESSIONS; SUBSTANCE ABUSE RECOVERY SERVICES AND ACCESS TO PERMANENT HOUSING, WITH ONGOING SUPPORT AND SERVICES.

    Expenses $1,432,212

  • CONTINUUM OF CARE RENTAL ASSISTANCE- WE RECEIVE GOVERNMENT FUNDING WHICH WE UTILIZE TO PAY RENT ON BEHALF OF OUR CLIENTS FOR APARTMENTS AND HOMES AS PART OF OUR PERMANENT HOUSING PROGRAM TO APPROXIMATELY 100 CLIENTS.

    Expenses $1,254,918

As filed on the 2022 return.

Listed in Part VII

  • MARY SLICHER

    EXECUTIVE DIRECTOR

    Total calculated
    $26,000
    From this org
    $26,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • FRANKLIN LEE

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RONALD WIMBERLY-EL

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ADAM SCHNEIDER

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ARTHUR SERVERANCE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • LAWERENCE RICHARDSON

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • THOMAS MCCARTHY

    SECRETARY

    Total calculated
    $0
    Hours/week
    6

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
5 November 2023
IRS schema version
2022v5.0
Source object
202431359349300203

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