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Family Promise INC

Public charity
Other · SUMMIT, NJ · EIN 52-1591461

About

Family promise's mission is to prevent and END homelessness for families with children and help them achieve sustainable independence using a community-based response. Family promise is the national leader of emergency services for families at risk of and experiencing homelessness and offers a comprehensive, individualized and trauma-informed approach. Offering prevention, shelter, stabilization and housing, each program ascribes to national BEST practices YET is customized to the needs of the community. Family promise works to prevent homelessness and is often the only shelter solution in communities that will keep families in crisis together. Family promise's wraparound services help families quickly stabilize and secure long-term, affordable, safe housing. The national office provides technical assistance and expertise to a network of nearly 200 affiliates in over 40 states, mobilizing thousands of volunteers and serving approx. 60,000 families including 90,000 children each year.

Donations are tax-deductible
Category
Other
Employees
36
Volunteers
500

Financial Snapshot

FY ending 2023-12-31
Revenue
$6.6M
Expenses
$5.8M
Assets
$7.6M
Liabilities
$450K

Financial history

$7.6M$3.8M$0
1617181920212223
RevenueExpenses
Latest FY2023: $6.6M · Avg: $4.2M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.9M
FAMILY PROMISE INC
Your actions

Address

71 Summit AVE
Summit, NJ, 07901-369

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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