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Generations Family Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475645509 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Generations Family Services Inc?

Generations Family Services Inc, headquartered in Raleigh, North Carolina, is a dedicated nonprofit organization with a mission to enhance the lives of individuals within their communities. They achieve this by providing thorough financial management planning, collaborative social services, and acting as a guardian or in a similar fiduciary capacity. The organization plays a crucial role in securing suitable housing for clients experiencing homelessness, ensuring timely payments for essential utilities and rent. Generations Family Services Inc collaborates with various vendors and providers in the community, such as landlords, social services, mental health, substance abuse, and developmental disability organizations, to ensure clients are linked to and receiving necessary services. Over the years, they have successfully transitioned 60 clients from homelessness to appropriate housing. With a workforce of 12 dedicated individuals, Generations Family Services Inc is committed to improving and sustaining the quality of life for those in their community.


Official website here: www.generationsfamilyservices.org/

Is Generations Family Services Inc legitimate?

Generations Family Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Generations Family 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: $52,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,575

For more financial information, click here


Official website here: www.generationsfamilyservices.org/

What is the mission statement of Generations Family Services Inc?

Generations Family Services Inc's mission is focused on enhancing the quality and wellbeing of individuals within their established communities. They achieve this by offering fiduciary, professional, and sound financial management planning, collaborative social services, and acting as a guardian or in similar capacities. The organization plays a significant role in securing suitable housing for individuals experiencing homelessness, minimizing their likelihood of returning to homelessness, and ensuring timely payments for essential services such as rent, utilities, and water. Generations Family Services Inc collaborates with various vendors and providers within the community to link clients to necessary services. Since its establishment, the organization has successfully transitioned 60 clients from homelessness to appropriate housing.


Official website here: www.generationsfamilyservices.org/

Who is the CEO of Generations Family Services Inc?

Andrize Patrick is the Chair of Generations Family Services Inc. The CEO's salary of Generations Family Services Inc is $52,000 and their total compensation is $52,000.


Official website here: www.generationsfamilyservices.org/

What is the revenue of Generations Family Services Inc?

Generations Family Services Inc's revenue in 2022 was $429,820.


Official website here: www.generationsfamilyservices.org/

Who are the executives of Generations Family Services Inc and what are their salaries?

The average compensation at Generations Family Services Inc during 2022 was $28,298. There are 12 employees and 1 volunteer at Generations Family Services Inc.


Here are 6 key members and their salaries (Generations Family Services Inc's CEO's salary is $52,000 and their total compensation is $52,000):


Tracy Patrick (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tawana James (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Odoom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Loper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrize Patrick (Ceo/Executive Director)
  • Compensation: $52,000
  • Related: $0
  • Other: $0


Official website here: www.generationsfamilyservices.org/

Where can I find the form 990 for Generations Family Services Inc?

Generations Family Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.generationsfamilyservices.org/

Learn more at the official website: www.generationsfamilyservices.org/

Mission Statement of Generations Family Services Inc

Generations Family Services Inc, a nonprofit organization, strives to enhance and sustain the quality of life for individuals within their established communities. To accomplish this, the organization provides fiduciary, professional, and sound financial management planning, collaborative social services, and serves as a guardian or in similar capacities. By bridging the gap between clients and necessary services, Generations Family Services Inc has played a significant role in securing suitable housing for clients experiencing homelessness and minimizing their likelihood of returning to homelessness. The organization works tirelessly with various vendors and providers within the community to ensure that clients are appropriately linked to and receiving the necessary services they require. In the past, Generations Family Services Inc has successfully transitioned 60 clients from homelessness to appropriate housing.

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Impact




October, 2024

Generations Family Services Inc (GFS) significantly enhances the quality of life for individuals within their communities by providing vital fiduciary and financial management services. Through a collaborative approach, GFS connects clients to essential social services, ensuring they receive the support they need to thrive.

One of GFS's remarkable impacts is its success in addressing homelessness. By facilitating access to suitable housing, GFS has successfully transitioned 60 clients from homelessness to stable living situations. The organization minimizes the risk of clients returning to homelessness by managing timely payments for rent, utilities, and other essential services.

GFS works closely with a network of vendors and providers, including landlords, mental health services, and social services, to create a comprehensive support system that meets the diverse needs of clients. This collaborative approach not only secures housing but also promotes ongoing wellness and stability for individuals facing challenging circumstances.




This information is meant to be a general summary of Generations Family 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.

Revenue
$429,820 (2022)
Expenses
$445,536 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28
  • Program Service Revenue: $2,750
  • Gross Receipts: $429,820

Assets and Liabilities:

  • Total Assets: $479,174
  • Total Liabilities: $459,536
  • Net Assets: $19,638

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENU

Revenue

$2,750

Organization Details

Founding Year

2015

Principal Officer

Andrize Patrick

Main Address

7283 HIGHWAY NC 42 WEST SUITE, RALEIGH, NC, 27603

NTEE Category

Code: P51 - Human services

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