Family Promise is located in Coldwater, MI. The organization was established in 2000. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Promise is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Family Promise generated $98.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $109.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO HELP FAMILIES EXPERIENCING HOMELESSNESS AND LOW-INCOME FAMILIES ACHIEVE SUSTAINABLE INDEPENDENCE THROUGH A COMMUNITY-BASED RESPONSE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jes Jones Chairperson | 2 | $0 | |
Wes Dove Vice Chair | 2 | $0 | |
Jami Lind Director | 1 | $0 | |
Dave Pierce Director | 1 | $0 | |
Matt Jones Director | 1 | $0 | |
Patrick Beeman Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,442 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,442 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,515 |
| Professional fees and other payments to independent contractors | $6,768 |
| Occupancy, rent, utilities, and maintenance | $6,269 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,792 |
| Total expenses | $109,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,457 |
| Other assets | $0 |
| Total assets | $4,457 |
| Total liabilities | $740 |
| Net assets or fund balances | $3,717 |