2024-11-08T13:24:46-06:00 2023-12-31 561945391 MPCOMPANY LLP 4600 MARRIOTT DRIVE SUITE 300 RALEIGH NC 27612 990 2023-01-01 561843022 FAMILY PROMISE OF WAKE COUNTY INC FAMI 9198326024 903 METHOD ROAD RALEIGH NC 27606 SCOTT FERRIS EXECUTIVE DIRECTOR 9198326024 2024-11-04 1 0 SCOTT SEBBO P01444400 9198369200 2024-11-04 2023 2024-10-15 13:58:12Z SCOTT FERRIS 903 METHOD ROAD RALEIGH NC 27606 1890023 0 X WWW.FAMILYPROMISEWAKE.ORG X 1993 NC IN 2023, ARE TWO NEW PROGRAMS WITH THE GOAL OF HELPING FAMILIES TO EITHER REMAIN IN THEIR HOMES AND AVOID HOMELESSNESS OR TO DIVERT FAMILIES EXPERIENCING HOMELESSNESS FROM ENTERING EMERGENCY SHELTER AND SECURING NEW HOUSING CONTINUED TO GROW AND ACHIEVE SUCCESS. THE TRAUMA CHILDREN EXPERIENCE FROM AN EVICTION EVENT AND BEING HOMELESS CAN TAKE A LIFETIME TO OVERCOME. LAST YEAR, WE SERVED 127 FAMILIES, THE HIGHEST NUMBER IN OUR 30 YEAR HISTORY. 14 14 11 2500 0 0 1133247 1848283 19979 11805 5552 27191 0 0 1158778 1887279 248416 356139 0 0 416623 404288 0 0 84949 316902 185056 981941 945483 176837 941796 2631665 3537791 1365511 1322563 1266154 2215228 MOVING FAMILIES AT RISK OF OR EXPERIENCING HOMELESSNESS INTO SUSTAINABLE, PERMANENT HOUSING IN OUR COMMUNITY THROUGH A CONTINUUM OF SUPPORT SERVICES. 0 0 541397 267568 ANNUALLY, OUR EMERGENCY SHELTER PROGRAM PROVIDES TEMPORARY SHELTER TO ABOUT 50 FAMILIES EXPERIENCING HOMELESSNESS. WITH LOCAL CONGREGATIONS PROVIDING EVENING SHELTER AND DAILY MEALS ON A WEEKLY BASIS, FAMILY PROMISE OF WAKE COUNTY PROVIDES SUPPORTIVE SERVICES AND CASE MANAGEMENT AT THE DAY CENTER. THE DAY CENTER IS ALSO A SAFE PLACE FOR FAMILIES TO BE DURING THE DAY WHILE THEY WORK THROUGH INDIVIDUAL BARRIERS TO PERMANENT HOUSING WITH STAFF ASSISTANCE. 126680 62608 11805 THROUGH OUR HOMELESS PREVENTION PROGRAM, A HAND UP, WE HELPED 79 FAMILIES AVOID AN EVICTION AND SAFELY REMAIN IN THEIR HOMES. WE PARTNER WITH THE SCHOOL SOCIAL WORKERS TO PROVIDE COORDINATED ASSISTANCE AND CASE MANAGEMENT TO THESE FAMILIES SO THAT THEY AND ESPECIALLY THEIR CHILDREN DO NOT HAVE TO EXPERIENCE THE TRAUMA FROM AN EVICTION EVENT. 52533 25963 ANNUALLY, OUR PERMANENT HOUSING PROGRAMS - RAPID REHOUSING & NEW LEASE ON LIFE - PLACES ABOUT 40 FAMILIES IN PERMANENT HOUSING. THIS HOUSING IS USUALLY WITHIN WAKE COUNTY AND PROVIDED AT AFFORDABLE RATES. IF NECESSARY, FAMILY PROMISE CAN PROVIDE MINIMAL FINANCIAL ASSISTANCE TO ENSURE THAT THE FAMILIES ARE ABLE TO MAINTAIN THEIR PERMANENT HOUSING PLACEMENTS. AS WITH OUR OTHER PROGRAMS, CASE MANAGEMENT SERVICES ARE ALSO PROVIDED TO ASSIST FAMILIES AS NEEDED. 720610 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 11 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 9198326024 903 METHOD ROAD RALEIGH NC 27606 LORI CHRISTIAN VICE CHAIR 2.00 X X 0 0 0 PASTOR ANTHONY BAILEY DIRECTOR 2.00 X 0 0 0 JAY WELLS CHAIR 2.00 X X 0 0 0 CRYSTAL BODIE-SMITH DIRECTOR 2.00 X 0 0 0 NICK VERNA DIRECTOR 2.00 X 0 0 0 EDWIN BRASWELL DIRECTOR 2.00 X 0 0 0 GLORIA MITTMAN SECRETARY 2.00 X X 0 0 0 CAMDEN BETZ DIRECTOR 2.00 X 0 0 0 LAZARO BLACKMON DIRECTOR 3.00 X 0 0 0 JANE GRAY DIRECTOR 5.00 X 0 0 0 CHARLES GEORGE TREASURER 2.00 X X 0 0 0 SAMUEL TAYLOR DIRECTOR 2.00 X 0 0 0 ELLIE SANTOS DIRECTOR 2.00 X 0 0 0 DEBBIE ALLEN DIRECTOR 2.00 X 0 0 0 SCOTT FERRIS EXECUTIVE DIRECTOR 50.00 X 95015 0 3124 95015 0 3124 0 0 0 0 0 300221 1548062 110991 1848283 PROGRAM SERVICE FEE 900099 11805 11805 11805 10525 10525 19410 2744 16666 16666 16666 1887279 11805 0 27191 356139 356139 98139 33145 32121 32873 251028 166934 53474 30620 552 316 135 101 25417 14565 6231 4621 29152 16705 7146 5301 29750 29750 3031 1737 743 551 15065 12770 1586 709 5290 4660 315 315 3768 1884 1884 6822 6287 146 389 1797 1617 90 90 49383 44445 2469 2469 14349 13403 473 473 PROGRAM COSTS & SUPPLIE 32460 32460 DUES & SUBSCRIPTIONS 11401 11401 MISCELLANEOUS EXPENSE 6768 4026 775 1967 REPAIRS & MAINTENANCE 5172 2586 2586 945483 720610 139924 84949 624519 330922 24816 0 137546 59460 5893 1019042 406642 574527 612400 1308908 1270257 1220208 2631665 3537791 42232 29791 21180 16029 1302099 1276743 1365511 1322563 X 1266154 2215228 1266154 2215228 2631665 3537791 941796 7278 0 X 0 1 X 1 0 X 648213 835409 1041693 1133247 1860088 5518650 648213 835409 1041693 1133247 1860088 5518650 976317 4542333 49 30 54 397 27190 27720 5546370 0.81900 0.96620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 91253 91253 433004 248658 184346 298738 87609 211129 134423 35766 98657 61624 34609 27015 612400 ESCROW 16029 RIGHT OF USE ASSET 1194807 GIFT CARDS 8852 DEPOSITS 520 1220208 LEASE LIABILITY 1276743 1276743 1979932 7278 85375 92653 1887279 0 1887279 1030858 85375 85375 945483 0 945483 PART IV, LINE 2B: UPON ENTERING FAMILY PROMISE OF WAKE COUNTY'S PROGRAM AND OBTAINING EMPLOYMENT, GUESTS ARE REQUIRED TO SAVE 75% OF THEIR INCOME AFTER EXPENSES. THE SAVINGS ARE MAINTAINED EITHER IN THE GUESTS' PERSONAL BANK ACCOUNT OR IN AN ORGANIZATION ACCOUNT MAINTAINED FOR GUEST FUNDS ONLY. FUNDS ARE HELD ON BEHALF OF GUESTS OF THE TEMPORARY HOUSING FACILITY. 0 RENTAL PROGRAM EXPENSES & FINANCIAL ASSISTANCE 169 273415 FMV RENTAL AND UTILITY ASSISTANCE GUEST FOOD 5411 82724 FMV MEALS SERVED IN OUR SHELTERS X SHELTER MEALS 5411 76343 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY BOARD TREASURER AND EXECUTIVE DIRECTOR. THEN, IT WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS REVIEW AND SIGN THE POLICY AS THEY JOIN THE BOARD. THE POLICY IS THEN REVIEWED ANNUALLY BY BOARD MEMBERS. IT IS THE BOARD MEMBERS' RESPONSIBILITY TO ALERT THE FULL BOARD OF ANY SITUATION WHICH COULD CREATE A POTENTIAL CONFLICT OF INTEREST. THE BOARD WOULD THEN TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS A PERFORMANCE REVIEW WITH THE EXECUTIVE DIRECTOR AFTER SIX MONTHS, TWELVE MONTHS OF EMPLOYMENT AND ANNUALLY THEREAFTER. SALARY RECOMMENDATION IS THEN DETERMINED BY THE COMMITTEE BASED ON INFORMATION IN THE GEOGRAPHICAL AREA, EMPLOYMENT MARKET CONDITIONS, AND JOB PERFORMANCE REVIEW. THE PERSONNEL COMMITTEE'S RECOMMENDATION IS PRESENTED TO THE BOARD FOR APPROVAL. NO OTHER STAFF MEMBERS MEET THE IRS DEFINITION OF KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS NOT REQUIRED TO PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC; HOWEVER, THESE DOCUMENTS ARE PROVIDED TO CERTAIN GRANTORS/DONORS AS REQUESTED. THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO OTHER INTERESTED PARTIES UPON REQUEST. FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON GUIDESTAR AT WWW.GUIDESTAR.ORG.