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Family Promise Of Midland Texas Inc

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

EIN: 271003573 ✦ Midland, TX ✦ Designated as a 501(c)(3)

Overview

What is Family Promise Of Midland Texas Inc?

Family Promise of Midland Texas Inc is a dedicated nonprofit organization, situated in Midland, Texas. Their primary mission is to combat homelessness, aiming to "end homelessness, one family at a time." They operate through two distinct programs: Families Forward Transitional Housing (FF) and Midland Interfaith Hospitality Network (MIHN). Families Forward Transitional Housing (FF) provides housing for families in need, offering eight duplexes with fifteen three-bedroom units and one two-bedroom unit. Families reside in these units for up to two years while they work on reducing debt, increasing savings, and improving employability for long-term success. Families are required to pay a monthly program fee, attend parent trainings, and save 20% of their earned income. This program served 19 families and 68 individuals in 2022, with two families graduating and transitioning to purchased or rented housing. Midland Interfaith Hospitality Network (MIHN) is a community partnership that offers comprehensive services to families experiencing homelessness. The MIHN program can accommodate up to four families at a time, providing an opportunity for volunteers to assist in reducing homelessness while transforming the lives of families in need. Family Promise of Midland's employees collaborate to help families achieve self-sufficiency, guiding them towards long-term goals and improving their financial stability. The organization served a total of 68 individuals in 2022, demonstrating their commitment to supporting families in need.


Official website here: www.familypromisemidlandtx.org

Is Family Promise Of Midland Texas Inc legitimate?

Family Promise Of Midland Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Promise Of Midland Texas 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.

Here are some key statistics you may want to consider:

Executive Compensation: $83,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,538

For more financial information, click here


Official website here: www.familypromisemidlandtx.org

What is the mission statement of Family Promise Of Midland Texas Inc?

The mission of Family Promise of Midland is centered around ending homelessness for families on an individual basis. This organization aims to provide comprehensive services to families experiencing homelessness, leveraging the community's resources. Through a unique partnership of congregations, companies, and volunteer groups, they offer short-term objectives and assistance in achieving long-term goals. Families are required to work full-time, go to school full-time, or a combination of both while in the program. They work with case managers and focus on improving credit scores, reducing debt, and saving a significant portion of their earnings. The ultimate goal is to empower families to gain long-term financial stability and secure permanent housing.


Official website here: www.familypromisemidlandtx.org

Who is the CEO of Family Promise Of Midland Texas Inc?

Thomas Miller is the Executive Dir. of Family Promise Of Midland Texas Inc.


Official website here: www.familypromisemidlandtx.org

What is the revenue of Family Promise Of Midland Texas Inc?

Family Promise Of Midland Texas Inc's revenue in 2022 was $814,626.


Official website here: www.familypromisemidlandtx.org

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

The average compensation at Family Promise Of Midland Texas Inc during 2022 was $40,541. There are 7 employees and 120 volunteers at Family Promise Of Midland Texas Inc.

Here are 10 key members and their salaries:

    Thomas Miller (Executive Dir.)
  • Compensation: $89,250
  • Related: $0
  • Other: $0

    • Jessica Sparkman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Carty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Misty Clary (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alli Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Buchanan (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Esson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Bradford (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Corbitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.familypromisemidlandtx.org

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

    The Family Promise Of Midland Texas Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.familypromisemidlandtx.org

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

    Mission Statement of Family Promise Of Midland Texas Inc

    Family Promise of Midland, a nonprofit organization, is dedicated to ending homelessness for families on a case-by-case basis. Their mission is to provide comprehensive services, leveraging community resources, to assist families experiencing homelessness. Through this collaborative effort, Family Promise of Midland aims to empower families to regain stability, secure employment, and ultimately, transition out of homelessness. Their programs require adults to work, attend school full-time, or a combination of both, while working closely with a case manager towards short-term objectives and long-term goals. Families in the program also focus on improving their credit scores and reducing debt, and are encouraged to save a significant portion of their earned income. The organization's mission reflects its commitment to helping families rebuild their lives and break the cycle of homelessness.

    Impact

    This information is meant to be a general summary of Family Promise Of Midland Texas Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Family Promise of Midland Texas Inc makes a significant impact in the community by providing comprehensive services to families experiencing homelessness through their MIDLAND INTERFAITH HOSPITALITY NETWORK (MIHN) program. This unique community response, involving partnerships with congregations, companies, and volunteer groups, offers a transformative opportunity for volunteers to help reduce homelessness and improve the lives of families in need. The program serves up to 4 families at a time, totaling 14 people, and provides support for adults to work full-time, attend school full-time, or a combination of both.

    Through the Families Forward Transitional Housing (FF) program, the organization operates multiple units where families can live for up to 2 years. Families in this program are supported in reducing debt, increasing savings, and enhancing their employability for long-term success. This structured approach includes mandatory savings requirements, monthly parent trainings, and access to free case management and child care services.

    In 2022, Family Promise of Midland served 19 families, including 19 adults and 49 children under 18, totaling 68 individuals. The organization successfully helped two families graduate from the program and transition into purchased or rented housing. The continued support provided by Family Promise of Midland helps families in crisis address immediate needs while working towards long-term stability and self-sufficiency.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,859
  • Program Service Revenue: $53,204
  • Gross Receipts: $828,309

    • Assets and Liabilities:
  • Total Assets: $7,930,152
  • Total Liabilities: $62,135
  • Net Assets: $7,868,017
  • Programs

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

    PROGRAM FEES

    Revenue

    $53,204

    Organization Details

    Founding Year

    2009

    Principal Officer

    Thomas Miller

    Main Address

    2908 W OHIO AVE, MIDLAND, TX, 79701

    NTEE Category

    Code: L40 - Housing

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