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Family Promise Of Morris County Inc

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

EIN: 521572014 ✦ Morristown, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Family Promise Of Morris County Inc?

Family Promise of Morris County Inc is a nonprofit organization committed to addressing the homelessness crisis in Morris County, New Jersey. They mobilize the community's resources and people to provide a range of services aimed at helping homeless families and individuals achieve self-sufficiency. Their efforts encompass a continuum of support, including emergency assistance, essential resources, and long-term guidance. By leveraging community involvement, Family Promise of Morris County Inc strives to eradicate homelessness in Morris County, thereby empowering families and individuals to rebuild their lives.


Official website here: www.familypromisemorris.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Family Promise of Morris County Inc has achieved a perfect score of 100%, indicating exceptional accountability and financial health. This high rating reflects strong governance practices, as the organization boasts a fully independent board comprising eight members. The charity's financial oversight is robust, with no material diversions of assets reported, and all necessary policies related to conflicts of interest and whistleblowing are in place.

The organization demonstrates an impressive commitment to utilizing its resources effectively, with 87.56% of its expenses going directly toward programs. This indicates a strong focus on fulfilling its mission rather than administrative costs. Additionally, the charity's low liabilities to assets ratio of 9.31% suggests sound financial management and stability.

While the data highlights numerous strengths, it is important to consider that the evaluation is solely based on financial metrics. Potential donors and stakeholders may wish to seek additional qualitative information about program impact and community engagement to gain a fuller picture of the organization's effectiveness. Overall, Family Promise of Morris County Inc represents a well-managed nonprofit with a strong foundation for growth and service delivery.


This AI summary has been generated from information found on Charity Navigator.

Is Family Promise Of Morris County Inc legitimate?

Family Promise Of Morris County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Morris County 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: $1,224,710

For more financial information, click here


Official website here: www.familypromisemorris.org

What is the mission statement of Family Promise Of Morris County Inc?

Family Promise of Morris County Inc. works towards ending the homelessness crisis faced by local families and individuals by mobilizing community resources and people. They achieve this by providing a comprehensive range of services that aim to foster self-sufficiency. The organization's mission is to mobilize the community's resources and people to offer a continuum of services, leading families and individuals towards self-sufficiency, thereby addressing the issue of homelessness.


Official website here: www.familypromisemorris.org

Who is the CEO of Family Promise Of Morris County Inc?

Joann Bjornson is the President of Family Promise Of Morris County Inc. The CEO's salary of Family Promise Of Morris County Inc is $125,000 and their total compensation is $125,000.


Official website here: www.familypromisemorris.org

What is the revenue of Family Promise Of Morris County Inc?

Family Promise Of Morris County Inc's revenue in 2022 was $2,883,044.


Official website here: www.familypromisemorris.org

Who are the executives of Family Promise Of Morris County Inc and what are their salaries?

The average compensation at Family Promise Of Morris County Inc during 2022 was $40,824. There are 30 employees and 1600 volunteers at Family Promise Of Morris County Inc.


Here are 9 key members and their salaries (Family Promise Of Morris County Inc's CEO's salary is $125,000 and their total compensation is $125,000):


William Stroever (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Novak (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Masterson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Gilligan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Ochsenreiter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Umana (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Yoo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Ragonese (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Bjornson (Chief Executive Officer)
  • Compensation: $125,000
  • Related: $0
  • Other: $0


Official website here: www.familypromisemorris.org

Where can I find the form 990 for Family Promise Of Morris County Inc?

Family Promise Of Morris County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familypromisemorris.org

Learn more at the official website: www.familypromisemorris.org

Mission Statement of Family Promise Of Morris County Inc

Family Promise of Morris County is an organization that rallies community resources and individuals to address the crisis of homelessness faced by families and individuals in Morris County. Their mission is to provide a comprehensive set of services aimed at fostering self-sufficiency. By mobilizing community resources and people, Family Promise of Morris County works tirelessly to put an end to this pressing issue. Their services form a continuum, offering a pathway out of homelessness and towards a self-reliant future.

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Impact




July, 2024

Family Promise Of Morris County Inc's impact can be seen in its relentless efforts to end the crisis of homelessness faced by Morris County families and individuals. By mobilizing community resources and people, they provide a continuum of services that lead to self-sufficiency. Through their dedicated work, they are able to address the immediate needs of those experiencing homelessness while also empowering them to build a stable and independent future. Family Promise Of Morris County Inc's commitment to helping individuals and families in need ultimately contributes to creating a stronger and more supportive community for everyone.




This information is meant to be a general summary of Family Promise Of Morris County 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
$2,883,044 (2022)
Expenses
$2,960,608 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,813
  • Program Service Revenue: $2,896
  • Gross Receipts: $2,883,044

Assets and Liabilities:

  • Total Assets: $1,118,077
  • Total Liabilities: $104,193
  • Net Assets: $1,013,884

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Programs

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

CLIENT RENTS

Revenue

$2,896

Organization Details

Founding Year

1988

Principal Officer

Joann Bjornson

Main Address

PO BOX 1494, MORRISTOWN, NJ, 07962

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