2024-08-06T10:46:57-05:00 2023-12-31 382184825 HUNGERFORD CPAS ADVISORS 2910 LUCERNE DR SE GRAND RAPIDS MI 49546 990 2023-01-01 383357709 FAMILY PROMISE OF GRAND RAPIDS FAMI 6164755220 516 CHERRY STREET SE GRAND RAPIDS MI 49503 TENISA FRYE CEO 6164755220 2024-08-01 1 0 JENNIFER L ROGELL CPA P01291797 6169493200 2023 2024-08-08 14:25:15Z FAMILY PROMISE OF WEST MICHIGAN TENISA FRYE 516 CHERRY STREET SE GRAND RAPIDS MI 49503 8501338 0 X WWW.FAMILYPROMISEWM.ORG X 1997 MI THE ORGANIZATION PROVIDES SHELTER, BASIC NEEDS, STABILIZATION SERVICES, AND HOUSING SOLUTIONS TO FAMILIES EXPERIENCING HOMELESSNESS. 10 10 65 4000 38821 0 7905825 7892124 0 0 15170 54424 99594 280658 8020589 8227206 1726520 1051671 0 0 2305471 3070340 0 0 475396 1871568 2005007 5903559 6127018 2117030 2100188 5594471 12040722 130084 4476147 5464387 7564575 X THE ORGANIZATION PROVIDES HOMELESS PREVENTION SERVICES, EMERGENCY SHELTER AND BASIC NEEDS, HOUSING SOLUTIONS, AND FAMILY AND EARLY CHILDHOOD SERVICES TO FAMILIES IN A HOUSING CRISIS. 1 0 1924842 726852 8060 EMERGENCY SHELTER - PROVIDES CHILDREN AND THEIR FAMILIES WITH SAFE SHELTER, BASIC NEEDS, AND SUPPORTIVE SERVICES AS THEY SEEK PERMANENT HOUSING. 1242803 21953 PARTNERS IN HOUSING- PROVIDES AFFORDABLE HOUSING TO FAMILIES WITH CHILDREN EXPERIENCING HOMELESSNESS WITH AN OPPORTUNITY FOR HOME OWNERSHIP. 622458 142559 2057 FAMILY AND EARLY CHILDHOOD SERVICES - PROVIDES SUPPORTIVE SERVICES TO FAMILIES NEWLY TRANSITIONED INTO HOUSING TO ENSURE THEY CAN STAY SECURELY HOUSED. 701614 160307 234089 HOUSING - PROVIDES HOUSING SOLUTIONS TO FAMILIES WITH CHILDREN COMING FROM EMERGENCY SHELTER. PREVENTION - PROVIDES SUPPORTIVE SERVICES TO FAMILIES IN A HOUSING CRISIS TO KEEP THEM SAFELY HOUSED OR SECURE NEW HOUSING OPPORTUNITIES. 701614 160307 234089 4491717 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 65 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X X AURELIA BOUWHUIS 6164755220 516 CHERRY STREET SE GRAND RAPIDS MI 49503 TRENT GOODING VICE PRESIDENT 5.00 X X 0 0 0 CRYSTEL IMPERI SECRETARY 5.00 X X 0 0 0 NATHAN TRATHEN TREASURER 5.00 X X 0 0 0 GLENDA WILLIAMS DIRECTOR 2.00 X 0 0 0 CHRISTIAN HUYGE DIRECTOR 2.00 X 0 0 0 BEN TAYLOR DIRECTOR 2.00 X 0 0 0 SARA KNOESTER DIRECTOR 2.00 X 0 0 0 SUSAN STODDARD PRESIDENT 5.00 X X 0 0 0 AUDRA BLODGETT DIRECTOR 2.00 X 0 0 0 BRIDGETTE BAKER DIRECTOR 2.00 X 0 0 0 TENISA FRYE CEO 40.00 X 92404 0 2173 92404 0 2173 0 0 0 0 0 169600 1682164 6040360 207636 7892124 67407 67407 353402 190897 162505 162505 154684 7821 12983 -12983 -12983 -12983 24900 169600 40252 -15352 -15352 61000 30000 31000 31000 OTHER INCOME 900001 102505 102505 102505 8227206 244206 38821 52055 1051671 1051671 94577 28373 37831 28373 2525302 1484883 777620 262799 68259 39715 20299 8245 167337 96430 50103 20804 214865 124157 66862 23846 102380 70379 20247 11754 68749 47260 13596 7893 155094 104144 32236 18714 20392 20392 78144 43803 25545 8796 497289 471771 17968 7550 78259 65646 6165 6448 109650 84167 17778 7705 60907 40732 13958 6217 REPAIR & MAINTENANCE 459476 443201 12062 4213 PROGRAM HOUSING COSTS 215546 215546 PROFESSIONAL DEVELOPMEN 42042 15653 22567 3822 MISCELLANEOUS 40154 18476 17365 4313 76925 45710 7703 23512 6127018 4491717 1159905 475396 2607928 790870 1407911 1239589 8797 69127 1446664 10956 11881 9141126 680304 1527109 8460822 40567 12972 5594471 12040722 86411 264815 2765 57403 4149126 40908 4803 130084 4476147 X 3329116 6099770 2135271 1464805 5464387 7564575 5594471 12040722 2100188 0 X 0 1 X 1 1 1 X 2672045 5423455 5449939 7936185 7917024 29398648 2672045 5423455 5449939 7936185 7917024 29398648 1564525 27834123 5828 6043 6823 15170 67407 101271 38821 38821 102505 102505 29641245 333410 0.93900 0.98740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 102,505. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5479680 5479680 2377308 524307 1853001 259356 93429 165927 1024782 62568 962214 8460822 OPERATING LEASE LIABILITY 4803 4803 X 8556355 138252 190897 329149 8227206 0 8227206 6456167 138252 190897 329149 6127018 0 6127018 PART X, LINE 2: THE ORGANIZATION EVALUATES TAX POSITIONS TAKEN ON ITS FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES WHICH REQUIRE THAT TAX POSITIONS TAKEN BE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO SIGNIFICANT UNRECOGNIZED TAX BENEFITS UNDER THAT CRITERIA. PENALTIES AND INTEREST, IF ANY, ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THREE YEARS AFTER THEY WERE FILED. DREAMS DINNER 126647 117647 9000 3158 4610 6083 GOLF OUTING 49754 35354 14400 14357 4829 1 18099 16599 1500 4950 2265 194500 169600 24900 22465 4610 13177 40252 -15352 1 HOUSING ASSISTANCE AND HOTEL SHELTER 335 844035 207636 FAIR MARKET VALUE BASIC NEEDS, FOOD, CLOTHING, AND FURNITURE PART I, LINE 2: FAMILY PROMISE ADHERES TO GAAP. GOVERNMENT FUNDS ARE IDENTIFIED WITHIN THEIR ACCOUNTING SYSTEM, AND RESTRICTED IN USE PER THE GUIDELINES OF THE AWARD. FAMILY PROMISE COMPLETES ALL REQUIRED GOVERNMENT GRANT REPORTING IN A TIMELY MANNER. FUND SPEND DOWN IS MONITORED WITH REVIEW OCCURRING MONTHLY BOTH INTERNALLY AND BY AN OUTSIDE ACCOUNTING PROVIDER. FINANCIAL STATEMENTS ARE AUDITED ANNUALLY. X 122784 FAIR VALUE 0 X 35 57145 FAIR VALUE X IN-KIND OTHER 38 27707 FMV 0 0 0 FORM 990, PART III, LINE 2 MOBILE HOME PARKS - PROVIDES NEW AFFORDABLE HOUSING AND PRESERVATION OF CURRENT AFFORDABLE HOUSING IN WEST MICHIGAN. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT LISTING ANY CONFLICTS OF INTEREST. THIS IS MONITORED PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS PERFORMS AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR AND DETERMINES COMPENSATION BASED ON YEARLY PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS COPIES OF THE FINANCIAL STATEMENTS, 990, AND GOVERNING DOCUMENTS AVAILABLE IN THE OFFICE UPON REQUEST.