Overview
What is The Heat And Warmth Fund?
The Heat and Warmth Fund, also known as THAW, is a Michigan-based nonprofit organization dedicated to helping low-income residents pay for their heating and electricity expenses. With a mission to promote energy efficiency and self-sufficiency, THAW offers utility payment assistance by providing one-time payments or enrolling families in affordable 24-month payment plans. Their services reach over 7,800 households annually, with the majority, 62%, receiving affordable payment plans and 38% benefiting from one-time payments. THAW's supportive services extend beyond bill payments, including energy education, needs assessments, vendor advocacy, financial counseling, and case management. Their vision is to ensure Michigan families have access to affordable utilities, energy-efficient homes, and viable job opportunities. THAW employs a team of 34 individuals in their mission to stabilize and empower families to maintain their health, safety, and warmth.
Official website here: www.thawfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Heat And Warmth Fund (THAW) has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, demonstrating excellence in accountability and financial health. With a perfect score across several critical metrics, including leadership adaptability and oversight, THAW showcases a robust governance structure with an entirely independent board of members. Their financial transparency is reflected in their low liabilities to assets ratio and high program expense ratio, indicating efficient use of resources toward their core mission.
User feedback highlights THAW's commitment to supporting low-income families throughout Michigan, particularly in providing essential utility assistance during the harsh winter months. Volunteers and users have praised the organization for its effectiveness and dedication to improving the lives of those in need. Their year-round support not only addresses immediate financial hurdles but also empowers individuals through awareness and education.
While the data reflects strong organizational strengths, continuous community engagement and success stories will be crucial for maintaining and enhancing their impact. Overall, THAW stands out as a leader in energy assistance, with a solid reputation among both users and volunteers.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about The Heat And Warmth Fund?
66% of reviewers recommend The Heat And Warmth Fund based on 39 reviews. Here is a summary of their thoughts:
Many users appreciate the mission of The Heat And Warmth Fund, recognizing the importance of assistance for those struggling with heating expenses. However, there are significant concerns regarding the communication and responsiveness of the organization. One reviewer expressed frustration at the lack of timely updates on their application status and felt left in a difficult situation due to unanswered calls and delays.
Overall, while some individuals see value in the services provided, the inconsistency in support and communication has left others feeling underserved and anxious about their situations. This mixed sentiment suggests that improvements in customer service and timely information could enhance user satisfaction significantly.
This AI summary has been generated from reviews found on Facebook.
Is The Heat And Warmth Fund legitimate?
The Heat And Warmth Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Heat And Warmth Fund 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: $672,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,298,774
For more financial information, click here
Official website here: www.thawfund.org
What is the mission statement of The Heat And Warmth Fund?
The Heat And Warmth Fund is a non-profit organization dedicated to helping low-income households in Michigan with their utility payment needs. Its mission is to stabilize and empower families by ensuring they have access to affordable utilities and energy-efficient homes, as well as viable job opportunities. The organization offers one-time payments or affordable payment plans to help families cover heating and electricity costs, in addition to providing supportive services such as energy education, financial counseling, and case management. In the fiscal year from July 2022 to June 2023, the Heat And Warmth Fund assisted 7,801 households through its MEAP program, with 62% receiving affordable payment plans and 38% receiving one-time payments. All applicants received at least one supportive service.
Official website here: www.thawfund.org
Who is the CEO of The Heat And Warmth Fund?
Tanya Hill is the President of The Heat And Warmth Fund. The CEO's salary of The Heat And Warmth Fund is $256,136 and their total compensation is $272,309.
Official website here: www.thawfund.org
What is the revenue of The Heat And Warmth Fund?
The Heat And Warmth Fund's revenue in 2023 was $12,469,510.
Official website here: www.thawfund.org
Who are the executives of The Heat And Warmth Fund and what are their salaries?
The average compensation at The Heat And Warmth Fund during 2023 was $57,980. There are 34 employees and 77 volunteers at The Heat And Warmth Fund.
Here are 26 key members and their salaries (The Heat And Warmth Fund's CEO's salary is $256,136 and their total compensation is $272,309):
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- Compensation: $256,136
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- Compensation: $111,352
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- Other: $16,995
Official website here: www.thawfund.org
Where can I find the form 990 for The Heat And Warmth Fund?
The Heat And Warmth Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thawfund.org
Learn more at the official website: www.thawfund.org
Mission Statement of The Heat And Warmth Fund
The Heat And Warmth Fund, or THAW, is a Michigan-based organization dedicated to helping low-income households by providing utility payment assistance and promoting energy efficiency. By offering one-time payments or affordable payment plans, THAW enables families to keep their homes warm and their utilities on. The nonprofit not only covers the practical aspects of heating costs but also emphasizes the importance of education and self-sufficiency. Through its supportive services, THAW offers energy education, needs assessments, vendor advocacy, financial counseling, and case management. During the period from July 2022 to June 2023, THAW aided 7,801 households through its MEAP program, with 62% of these households benefiting from an affordable payment plan and 38% receiving a one-time payment. All applicants received at least one supportive service. In summary, THAW's mission is to stabilize and empower Michigan families by ensuring access to affordable utilities, energy-efficient homes, and viable job opportunities.
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Impact
October, 2024
The Heat And Warmth Fund (THAW) significantly impacts low-income households in Michigan by providing essential utility payment assistance and promoting energy efficiency. Through the Michigan Energy Assistance Program (MEAP), THAW helps families facing financial hardship due to rising energy costs, ensuring they can keep their homes warm and safe.
In the period from July 2022 to June 2023, THAW assisted 7,801 households, enabling 62% of them to enroll in affordable payment plans that spread costs over time, while 38% received one-time payments to alleviate immediate financial stress. Each family benefited from at least one supportive service, such as energy education, needs assessments, vendor advocacy, financial counseling, and case management. These comprehensive services not only address immediate utility needs but also empower families toward greater self-sufficiency and stability.
THAW is dedicated to creating a future where every family in Michigan has access to affordable utilities, energy-efficient homes, and viable job opportunities, striving to foster an environment where health and safety are prioritized for all families.
This information is meant to be a general summary of The Heat And Warmth Fund. 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: $38,617
- Gross Receipts: $12,661,470
Assets and Liabilities:
- Total Assets: $19,351,390
- Total Liabilities: $2,132,798
- Net Assets: $17,218,592
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Organization Details
Founding Year
1985
Phone
(313) 226-9465Principal Officer
Tanya Hill
Main Address
535 GRISWOLD STREET 200, DETROIT, MI, 48226
Website
www.thawfund.orgNTEE Category
Code: L80 - Housing
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