Overview
What is Fhm Services Inc?
Fhm Services Inc is a nonprofit organization committed to providing affordable transitional housing. Their primary mission is to assist individuals in need, offering them a supportive living environment during their transition period. The organization's activities are geared towards offering low-cost housing solutions, aiming to make a positive impact on the lives of those they serve. Although the information provided is limited, it suggests that Fhm Services Inc is dedicated to promoting stability and independence for its beneficiaries, enabling them to navigate their next steps with confidence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%
Fhm Services Inc has achieved a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial management. With a score of 75% overall, the organization demonstrates a strong commitment to transparency and ethical governance, as evidenced by its independent board members and comprehensive oversight practices.
The charity excels in its financial integrity, achieving full points in several key areas, including its audit and oversight committee and having no material diversion of assets. The high program expense ratio of 84.57% suggests that a significant portion of its funding is directed toward fulfilling its mission, which is a positive indicator for potential donors.
However, while the organization shows notable strengths in governance and financial handling, the rating also reflects room for improvement in areas that could enhance its overall effectiveness. Engaging with stakeholders and demonstrating impact could further elevate its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Fhm Services Inc legitimate?
Fhm Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fhm Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,438
For more financial information, click here
What is the mission statement of Fhm Services Inc?
Fhm Services Inc is committed to providing affordable transitional housing. Their mission, in essence, is to make this essential service accessible to those in need, facilitating their transition through a challenging phase of life. The organization does not disclose further details about its objectives or methods, but its focus on affordable housing suggests a dedication to supporting individuals and families in need of temporary housing solutions.
Who is the CEO of Fhm Services Inc?
David Stevenson is the President & of Fhm Services Inc.
What is the revenue of Fhm Services Inc?
Fhm Services Inc's revenue in 2023 was $941,067.
Who are the executives of Fhm Services Inc and what are their salaries?
The average compensation at Fhm Services Inc during 2023 was $22,518. There are 24 employees and 8 volunteers at Fhm Services Inc.
Here are 7 key members and their salaries:
- Compensation: $106,280
- Related: $0
- Other: $0
- Compensation: $49,768
- Related: $0
- Other: $0
- Compensation: $6,341
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fhm Services Inc?
Fhm Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fhm Services Inc
Fhm Services Inc, as stated in its mission description, is dedicated to providing low-cost transitional housing. This mission is geared towards supporting individuals in their transition periods, offering them a affordable housing solution during their journey towards stability. By offering this service, Fhm Services Inc aims to contribute to the well-being and independence of its clients, providing them with a secure and temporary home base as they work towards achieving their goals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Fhm Services Inc has a significant impact in providing low-cost transitional housing in Groton, CT. Their services help individuals and families in need who are transitioning out of difficult situations. By offering affordable housing options, Fhm Services Inc plays a crucial role in supporting these vulnerable populations and assisting them in rebuilding their lives. Additionally, their focus on addressing issues such as crime through their mission further underlines the importance of their work in the community.
This information is meant to be a general summary of Fhm Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $737
- Program Service Revenue: $921,819
- Gross Receipts: $941,067
Assets and Liabilities:
- Total Assets: $140,975
- Total Liabilities: $210,523
- Net Assets: -$69,548
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD REIMB EXP
Revenue
$858,080
ROOM & BOARD
Revenue
$63,739
Organization Details
Founding Year
1997
Phone
(860) 448-3400Principal Officer
David Stevenson
Main Address
466 LONG HILL ROAD, GROTON, CT, 06340
NTEE Category
Code: I31 - Crime
If you are a representative of Fhm Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.