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PHOENIX RESIDENTIAL INVESTMENT

PHOENIX, AZ · EIN 860654497 · Form 990 · FY2021 · Medium ($1M-$10M) · www.phoenix.gov
revenue
$2.9M
expenses
$4.0M
net assets
$-734K
employees
0
program ratio
100%
mission · from form 990

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

profile · synthesized from sources

The Phoenix Residential Investment Development Effort (PRIDE) is a private non-profit corporation established in 1989. It focuses on developing and preserving affordable housing within the City of Phoenix for low- and moderate-income households. PRIDE undertakes projects independently, in conjunction with the City of Phoenix, or as a joint venture partner.

named programs · 5 · from sources

what they call their work

Community Land Trust Pilot Program
Partners with Newtown CDC to explore and implement a Community Land Trust model for affordable housing.
HOPWA Tenant Security Deposit Assistance
Provides security deposits for Housing Opportunities for Persons With AIDS (HOPWA) tenants.
Senior Housing Outdoor Furniture
Provides outdoor furniture for senior housing facilities.
Sidney P. Osborn Public Housing Soccer Field
Developed a soccer field at the Sidney P. Osborn Public Housing facility.
Youth Summer Camp Sponsorship
Provides annual sponsorship for youth to attend summer camp at Camp Colley.
activities · 5 clusters

what they do

  • Transitional and Permanent Supportive Housing 4 activities
    • Affordable Housing Development Support
      Participated in a Community Land Trust Pilot Program to support the development of affordable housing.
    • Support affordable housing development through community partnerships
      Participated in a Community Land Trust Pilot Program with Newtown CDC to support the development of affordable housing in underserved communities.
    • Support for affordable housing development
      Participated in a Community Land Trust Pilot Program with Newtown CDC to support the development of affordable housing in Phoenix, AZ.
    • Support for affordable housing development
      Participated in a Community Land Trust Pilot Program with Newtown CDC to support the development of affordable housing units.
  • Community Park and Playground Development 4 activities
    • Development of recreational infrastructure in public housing
      Supported the construction of a soccer field at Sidney P. Osborn Public Housing to enhance recreational access for residents.
    • Development of recreational infrastructure in public housing
      Supported the construction of a soccer field at Sidney P. Osborn Public Housing to enhance community recreational opportunities.
    • Public Housing Facility Development
      Supported the development of a soccer field at Sidney P. Osborn Public Housing.
    • Support community recreational infrastructure development
      Supported the construction of a soccer field at Sidney P. Osborn Public Housing to enhance recreational access for public housing residents.
  • Home Accessibility Modifications 4 activities
    • Enhance senior housing living environments
      Provided outdoor furniture for senior housing facilities to improve comfort and usability of communal outdoor spaces.
    • Provision of outdoor furniture for senior housing
      Provided outdoor furniture to senior housing facilities to improve comfort and communal spaces for elderly residents.
    • Provision of outdoor furniture for senior housing
      Supplied outdoor furniture to senior housing facilities to improve resident comfort and communal spaces.
    • Senior Housing Facility Furnishing
      Provided outdoor furniture for senior housing facilities.
  • HOPWA Housing and Case Management Services 4 activities
    • Financial assistance for HOPWA program tenants
      Provided security deposits for tenants participating in the Housing Opportunities for Persons With AIDS (HOPWA) program to support stable housing access.
    • Financial assistance for HOPWA program tenants
      Provided security deposits for tenants participating in the Housing Opportunities for Persons With AIDS (HOPWA) program to support housing stability.
    • Housing Assistance for HOPWA Tenants
      Provided security deposits for tenants in the Housing Opportunities for Persons With AIDS (HOPWA) program.
    • Provide rental assistance for persons with AIDS
      Provided security deposits for tenants enrolled in the Housing Opportunities for Persons With AIDS (HOPWA) program to facilitate stable housing access.
  • Youth Sports Participation Scholarships 4 activities
    • Sponsor youth summer camp participation
      Provides annual sponsorship for youth to attend summer camp at Camp Colley, supporting access to recreational and developmental opportunities for low-income or underserved children.
    • Sponsorship of youth summer camp attendance
      Provided annual sponsorship for youth to attend summer camp at Camp Colley, supporting recreational and developmental opportunities for children in the community.
    • Sponsorship of youth summer camp attendance
      Provided annual sponsorship enabling youth to attend summer camp at Camp Colley.
    • Youth Summer Camp Sponsorship
      Provides annual sponsorship for youth to attend summer camp at Camp Colley.
financials · form 990 · fy2021

the money

revenue
Total revenue$2.87M
Contributions & grants$00%
Program service revenue$2.85M99%
Investment income$17K1%
Other revenue$0
expenses
Total expenses$3.98M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$18.03M
Cash$3.86M
Investments$0
Liabilities$18.77M
Net assets$-734K
Liquid reserves11.6 mo
3 years on record · 2019–2021 · YoY revenue +13.3%
leadership · form 990 part vii · fy2021

who runs it

board members · 4
  • DEL-MONTE EDWARDS — TREASURER
  • KARL OBERGH — PRESIDENT
  • KAYLYN ADAMS — BOARD MEMBER
  • LINDA JENSEN — SECRETARY
relationships · 2

who they work with

  • City of Phoenix Government — Works in conjunction with the City of Phoenix Housing Department to support affordable housing activities.
  • Newtown CDC Partner — Collaborated on a Community Land Trust Pilot Program to support affordable housing.