MIRACLEPLACE FOUNDATION INC
2002 N FLORIDA AVENUE, TAMPA, FL 33602 www.metromin.org

Total Revenue
$184,567
Total Expenses
$1,107
Net Assets
$1,648,967

Organizations Filed Purposes: TO SUPPORT THE MISSION OF METROPOLITAN MINISTRIES, INC., ALSO A501(C)(3) ORGANIZATION, TO CARE FOR THE HOMELESS AND THOSE IN RISK OFBECOMING HOMELESS IN THE TAMPA BAY COMMUNITY, THROUGH SERVICES THATALLEVIATE SUFFERING, PROMOTE DIGNITY AND INSTILL SELF-SUFFICIENCY AS AN EXPRESSION OF THE ONGOING MINISTRY OF JESUS CHRIST.

SUPPORTING ORGANIZATION OFMETROPOLITAN MINISTRIES, INC., A 501(C)(3) CHARITABLE ORGANIZATION

MIRACLEPLACE FOUNDATION, INC. SUPPORTS METROPOLITAN MINISTRIES BY USE OF FEDERAL AND STATE NEW MARKETS TAX CREDITS FOR DEVELOPMENT AND RENOVATION OF QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS. MIRACLEPLACE FOUNDATION, INC. COMPLETED A NEW MARKETS TAX CREDIT TRANSACTION IN 2012 TO PROVIDE FUNDS TO FINANCE THE EXPANSION AND DEVELOPMENT IN TAMPA, FLORIDA OF A NEW TRANSITIONAL HOUSING AND CHILD CARE FACILITY, KITCHEN EXPANSION, AND RENOVATION TO THE EXISTING TRANSITIONAL HOUSING FACILITY FOR THE HOMELESS AND THOSE IN RISK OF BECOMING HOMELESS. MIRACLEPLACE FOUNDATION, INC. COMPLETED A SECOND NEW MARKETS TAX CREDIT TRANSACTION IN 2014 TO PROVIDE FUNDS TO DEVELOP AND CONSTRUCT A CHAPEL, YOUTH ENRICHMENT CENTER, GYM AND K TO GRADE 5 SCHOOL ON THE TAMPA CAMPUS, AND A KITCHEN TO FEED THE HOMELESS IN PASCO COUNTY.IN FISCAL 2020 METROPOLITAN MINISTRIES SUCCCESSFULLY COMPLETED THE UNWIND OF THE NEW MARKETS TAX CREDIT TRANSCTION LEADING TO THE CREATION OF MIRACLEPLACE, INC. THE GENEROUS PARTNERSHIP OF WHITNEY HANCOCK BANK, CHASE BANK, AND THE FLORIDA COMMUNITY LOAN FUND SUPPORTED THE CONSTRUCTION OF THE UPLIFT HALL RESIDENTIAL FACILITY PROVIDING SHELTER AND WRAP AROUND SERVICES TO OVER 50 FAMILES PER YEAR AND HOUSING COUNSELING PROGRAMS AND MUCH NEEDED QUALITY CHILDCARE TO RESIDENT FAMILIES AND THE COMMUNITY. THE EXERCISE OF PUT OPTIONS TO UNWIND THE TRANSACTION RESULTED IN ELIMINATION BY FORGIVENESS OF OVER $18 MILLION IN LIABILITY AND NON-CASH NET PROCEEDS OF $5 MILLION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Amy KernTREASURER1$0
Tim MarksPRESIDENT1$0
Tricia HancockDIRECTOR2$0
Carlos BaldorDIRECTOR2$0
Andrew PittmanDIRECTOR2$0
Jeff MarpleDIRECTOR2$0
Andy MayDIRECTOR2$0
Gerard CoughlinDIRECTOR2$0
Preston FarriorDIRECTOR2$0
Chris ChristenberrySECRETARY2$0
Thomas CornettCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111259349303251_public.xml