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Family Promise Inc

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

EIN: 521591461 ✦ Summit, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Family Promise Inc?

Family Promise Inc is a nonprofit organization situated in New Jersey, specifically at 71 Summit Avenue, Summit. Their primary mission is to assist affiliates across the nation in providing shelter, meals, and comprehensive support services to families and children experiencing or at risk of homelessness. This includes prevention and stabilization programs. They empower communities by organizing efforts, offering training and volunteer recruitment, and providing guidance on operations. Family Promise supports approximately 200 affiliate organizations in 43 states, serving approximately 125,086 families and 241,313 individuals annually, with the help of an average of 76,000 volunteers. Through a holistic, community-based response, they offer trauma-informed care, prevention services, shelter, case management, and stabilization programs to ensure families achieve sustainable independence.


Official website here: www.familypromise.org

What are the reviews and ratings of this charity?

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

Family Promise Inc has achieved a prestigious Four-Star rating from Charity Navigator, reflecting outstanding performance in accountability and financial health. The organization scored 100% in Accountability & Finance, Leadership & Adaptability, and a strong 97% in Culture & Community. This high rating demonstrates Family Promise’s commitment to effective use of resources and strong governance practices, including a fully independent board with no conflicts of interest reported.

User feedback highlights the organization’s compassionate approach to homelessness, emphasizing the importance of keeping families together during crises. A volunteer shared their experiences of working with dedicated staff who provide not just shelter and meals, but also emotional support and guidance towards permanent housing solutions. This holistic approach is crucial in addressing the complexities of family homelessness.

While the data reflects strong organizational health and positive user testimonials, it’s important for potential donors and supporters to consider ongoing challenges in the broader landscape of homelessness. Family Promise's effectiveness in maintaining family unity during such distressing times is commendable, though the need for such services continues to grow amid economic pressures affecting families.


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

Is Family Promise Inc legitimate?

Family Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise 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: $155,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,512,583

For more financial information, click here


Official website here: www.familypromise.org

What is the mission statement of Family Promise Inc?

Family Promise Inc empowers families and mobilizes communities to combat homelessness. They develop and support community-based programs that assist children and families at risk or experiencing homelessness, providing ongoing assistance to help these families achieve sustainable independence. Family Promise offers a holistic, community-based response to family homelessness, offering prevention services before families reach crisis, shelter and case management during homelessness, and stabilization programs once they secure housing. Through highly individualized, person-centered, trauma-informed care, Family Promise offers a compassionate, comprehensive response to the crisis of family homelessness. They provide technical assistance and expertise to a network of over 200 affiliate organizations in 43 states, mobilizing thousands of volunteers each year and serving tens of thousands of families and individuals experiencing homelessness annually.


Official website here: www.familypromise.org

Who is the CEO of Family Promise Inc?

Cheryl Schuch is the Trustee of Family Promise Inc. The CEO's salary of Family Promise Inc is $125,957 and their total compensation is $155,073.


Official website here: www.familypromise.org

What is the revenue of Family Promise Inc?

Family Promise Inc's revenue in 2022 was $6,304,830.


Official website here: www.familypromise.org

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

The average compensation at Family Promise Inc during 2022 was $55,576. There are 48 employees and 500 volunteers at Family Promise Inc.


Here are 27 key members and their salaries (Family Promise Inc's CEO's salary is $125,957 and their total compensation is $155,073):


Nadim Ahmed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Barer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Barrett (Trustee (Term Ended 12/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Bernard (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bird (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Aloyo (Trustee (Resigned 6/24/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Claas Ehlers (Ceo (Through 8/25/2022)
  • Compensation: $125,957
  • Related: $0
  • Other: $29,116
Alex English (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar Minaya (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fleck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Gamory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Griffith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Wallace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hardwick (Treasurer (Resigned 12/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Henry (Treasurer (As Of 12/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Hugin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Pierce (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Slater (Trustee (New Term Started 12/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Serra (Trustee (Term Ended 12/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherina Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Tinkoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ferrie (Trustee (As Of 10/25/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Winkler (Trustee (As Of 8/5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Bradshaw (Cio (Through 12/30/22))
  • Compensation: $110,061
  • Related: $0
  • Other: $20,981
Sandra Miniutti (Chief Operating Officer)
  • Compensation: $129,188
  • Related: $0
  • Other: $5,719
Shari Competiello (Chief Of Staff)
  • Compensation: $115,240
  • Related: $0
  • Other: $5,270
Michael Timmons (Cto (Through 11/29/22))
  • Compensation: $179,808
  • Related: $0
  • Other: $981


Official website here: www.familypromise.org

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

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


Official website here: www.familypromise.org

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

Mission Statement of Family Promise Inc

Family Promise Inc is an organization that empowers families and mobilizes communities to address the crisis of family homelessness. They achieve this by developing community-based affiliate programs that serve children and families who are experiencing or at risk of homelessness. Family Promise provides ongoing support to these affiliates, enabling them to empower families to achieve sustainable independence through a holistic, community-based response.

Their approach is highly individualized, person-centered, and trauma-informed, offering a compassionate and comprehensive response to family homelessness. Family Promise offers prevention services before families reach crisis, providing shelter and case management when they become homeless, and stabilization programs once they have secured housing to ensure they remain independent.

Moreover, Family Promise provides technical assistance and expertise to a national network of approximately 200 affiliate organizations in 43 states. This network, mobilized by Family Promise, serves an average of 125,086 families and 241,313 individuals experiencing homelessness each year, with the help of 76,000 volunteers. Family Promise's mission is to empower families and communities to overcome homelessness, providing them with the necessary support to achieve sustainable independence.

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Impact




July, 2024

Family Promise Inc's impact is significant and far-reaching. Through its network of over 200 affiliate organizations across 43 states, Family Promise empowers families and mobilizes communities to address the crisis of family homelessness. They provide a holistic, community-based response that includes prevention services, shelter and case management, as well as stabilization programs to help families achieve sustainable independence.

By mobilizing an average of 76,000 volunteers each year, Family Promise serves approximately 125,086 families and 241,313 individuals experiencing homelessness. Their highly individualized, person-centered, trauma-informed care approach ensures that families receive compassionate and comprehensive support to address their specific needs and empower them to overcome homelessness.

Overall, Family Promise's impact can be seen in the thousands of families they support each year, helping them secure housing, access essential services, and ultimately work towards building a stable and independent future.




This information is meant to be a general summary of Family Promise 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
$6,304,830 (2022)
Expenses
$7,572,919 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,067
  • Program Service Revenue: $669,142
  • Gross Receipts: $9,239,161

Assets and Liabilities:

  • Total Assets: $6,255,116
  • Total Liabilities: $443,374
  • Net Assets: $5,811,742

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Programs

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

NETWORK FEES

Revenue

$633,637

CONFERENCE FEES

Revenue

$35,505

Organization Details

Founding Year

1988

Principal Officer

Cheryl Schuch

Main Address

71 SUMMIT AVENUE, SUMMIT, NJ, 07901

NTEE Category

Code: L41I - Housing

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