Overview
What is Fuel Fund Of Maryland Inc?
Fuel Fund of Maryland Inc is a vital nonprofit organization based in Timonium, Maryland, serving as an essential component of the social safety net. With over three decades of experience, they provide financial assistance to low-income households struggling to pay utility bills, ensuring they can maintain basic necessities like lighting, heating, and cooling. Their mission extends beyond direct financial aid by distributing energy credits, providing a significant advantage in assisting more families annually. The organization works closely with BGE, leveraging ratepayer-funded credits to support their cause. They also prioritize the needs of seniors and those with critical medical needs, offering one-on-one navigational assistance through the energy assistance process. During the 2021-2022 fiscal year, Fuel Fund of Maryland Inc provided approximately $1.3 million in financial assistance to over 4,400 households within the BGE service territory.
Official website here: www.fuelfundmaryland.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
Fuel Fund Of Maryland Inc has achieved a remarkable 100% score from Charity Navigator, reflecting exceptional standards in accountability, finance, and impact measurement. The organization boasts a fully independent board and scores highly across various financial metrics, indicating strong fiscal health and effective management. The feedback from constituents shows that the charity excels in gathering and utilizing input to improve its services.
Despite its high ratings, user feedback from platforms like Great Nonprofits indicates that experiences may vary significantly. One review highlights a concerning incident where a member of the public felt the organization was unhelpful and biased in its assistance, suggesting that the charity may need to address perceptions of inequality in service delivery. The disparity between its stellar ratings and this negative feedback points to potential areas for improvement in community engagement and support practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fuel Fund Of Maryland Inc legitimate?
Fuel Fund Of Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fuel Fund Of Maryland 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: $115,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,386
For more financial information, click here
Official website here: www.fuelfundmaryland.org
What is the mission statement of Fuel Fund Of Maryland Inc?
Fuel Fund of Maryland Inc's mission is centered around providing financial assistance to families in need, specifically for household heating and utility bills. Their goal is to serve as a lifeline for vulnerable individuals facing utility hardships. They achieve this by offering guidance and navigation through various financial and community resources. The organization, managed by their Utility Assistance Department, fulfills its mission through the generous support of their donor program, strategically developed and overseen by their Development Department.
Official website here: www.fuelfundmaryland.org
Who is the CEO of Fuel Fund Of Maryland Inc?
Sean Dunphy is the Treasurer of Fuel Fund Of Maryland Inc.
Official website here: www.fuelfundmaryland.org
What is the revenue of Fuel Fund Of Maryland Inc?
Fuel Fund Of Maryland Inc's revenue in 2022 was $3,635,841.
Official website here: www.fuelfundmaryland.org
Who are the executives of Fuel Fund Of Maryland Inc and what are their salaries?
The average compensation at Fuel Fund Of Maryland Inc during 2022 was $43,320. There are 10 employees and 1 volunteer at Fuel Fund Of Maryland Inc.
Here are 14 key members and their salaries:
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- Compensation: $119,813
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- Other: $1,466
Official website here: www.fuelfundmaryland.org
Where can I find the form 990 for Fuel Fund Of Maryland Inc?
Fuel Fund Of Maryland Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fuelfundmaryland.org
Learn more at the official website: www.fuelfundmaryland.org
Mission Statement of Fuel Fund Of Maryland Inc
Fuel Fund of Maryland Inc is dedicated to serving as a lifeline for vulnerable Marylanders facing utility hardships. Their mission is to provide financial assistance for household heating and utility bills, empowering families in times of crisis. The organization accomplishes this by offering navigation through various financial and community resources. Fuel Fund of Maryland Inc's mission is carried out through their Utility Assistance Department, which operates thanks to the generous support of their robust donor program, strategically developed and managed by their Development Department.
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Impact
July, 2024
Fuel Fund Of Maryland Inc's impact lies in its ability to provide crucial financial assistance to low-income families for their household heating and utility bills. By stepping in to support those facing a utility hardship, this organization ensures that families can keep their lights on and their heating and cooling systems operational, ultimately preventing fires, enabling children to have cooked meals and do their homework, freeing up resources for other essentials like rent and medication, and even saving money towards future utility bills.
Through the distribution of energy credits and leveraging BGE ratepayer-funded credits, Fuel Fund Of Maryland Inc is able to stretch donated funds further, assisting more households in need. The organization's dedicated efforts have made a significant impact, providing approximately $1.3 million in financial assistance to 4,417 low-income households in FY 2022. Additionally, the implementation of the Silver Lights program specifically targeting seniors and individuals with critical medical needs showcases their commitment to addressing the unique challenges faced by different demographics.
In a state where energy poverty is a significant burden on low-income households, Fuel Fund Of Maryland Inc serves as a lifeline, empowering and safely connecting vulnerable Maryland neighbors during times of crisis. Through their mission-driven approach and strategic donor program, they continue to make a difference in the lives of those struggling with home utility hardships in Maryland.
This information is meant to be a general summary of Fuel Fund Of Maryland 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 2022.
- Investment Income: $199,430
- Gross Receipts: $4,263,567
Assets and Liabilities:
- Total Assets: $6,317,493
- Total Liabilities: $32,968
- Net Assets: $6,284,525
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Organization Details
Founding Year
1981
Phone
(410) 235-9080Principal Officer
Sean Dunphy
Main Address
57 W TIMONIUM ROAD 208, TIMONIUM, MD, 21093
Website
www.fuelfundmaryland.orgNTEE Category
Code: L820 - Housing
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