Promise Housing Plus

Public charity · Grantmaker Louisville, KY EIN: 85-2499633

Provide affordable housing to the disadvantaged

Promise Housing Plus at a glance

Total assets
$143,509
+35.5% vs 2024
Revenue (2025)
$243,244
+10.8% vs 2024
Expenses (2025)
$212,468
-14.5% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Promise Housing Plus funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Louisville

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2020 0 grants2021 0 grants2022 1 grant2023 0 grants2024 0 grants2025

In 2023 it made 1 grant totaling $189K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Church of the Promise Inc Louisville, KYProvide Affordable Housing to the D$188,787
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2025$143,509$243,244$212,468——
2024$105,933$219,504$248,631——
2023$129,238$485,643$624,995$188,7871
2022$267,187$257,172$202,434——
2021$210,926$262,924$97,940——
2020$44,357$45,570$1,213——

About Promise Housing Plus

Based on IRS filings

Promise Housing Plus is a public charity focused on religion, based in Louisville, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $144K in total assets.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Promise Housing Plus is led by C. Ryan Stoess, President since 2024 (on filings since 2020); 1 of 7 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • C. Ryan Stoess

    President

    Executive Director → President, 2024

    On filings since 2020

    2 hrs/week

    $35K (2021) → $0 (2025)

  • Jasmine Newton

    Executive Director

    New on the 2025 filing

    30 hrs/week

    $38K (2025)

  • Bolaji Ogbulu

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Curtis Burgess

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Larry Stoess

    Vice President

    President & CEO → Director, 2024

    Director → Vice President, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Luke Chase

    Treasurer

    Vice President → Treasurer, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jacob Eubank

    Secretary

    On filings since 2024

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Robert Browning (2020–2023) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jasmine Newton — Executive Director: $38KJasmine NewtonExecutive Director$38K

The highest reported compensation on the 2025 filing was $38K, to Jasmine Newton (Executive Director).

Frequently asked questions about Promise Housing Plus

How large is Promise Housing Plus?

Promise Housing Plus reported $144K in total assets on its 2025 IRS Form 990. Its revenue that year was $243K.

What is Promise Housing Plus?

Promise Housing Plus is a public charity focused on religion, based in Louisville, KY. It holds $144K in total assets as of 2025.

Where does Promise Housing Plus operate?

Promise Housing Plus has awarded grants in Kentucky.

What is Promise Housing Plus's EIN?

Promise Housing Plus's EIN (Employer Identification Number) is 85-2499633. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS October 17, 2024)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)

Live grants for the work Promise Housing Plus funds

Religion Related Open opportunities, soonest deadline first.

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Promise Housing Plus's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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