2021-08-10T07:02:31-05:00 2020-12-31 382184825 HUNGERFORD NICHOLS CPAS ADVISORS 2910 LUCERNE DR SE GRAND RAPIDS MI 49546 990 2020-01-01 383357709 FAMILY PROMISE OF GRAND RAPIDS FAMI 6164755220 516 CHERRY ST SE GRAND RAPIDS MI 49503 CHERYL SCHUCH CEO 6164755220 2021-07-23 1 CHERYL SCHUCH 999009999 JENNIFER L ROGELL CPA P01291797 6169493200 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHERYL SCHUCH 516 CHERRY ST SE GRAND RAPIDS MI 49503 5574830 0 X WWW.FAMILYPROMISEGR.ORG X 1997 MI THE ORGANIZATION PROVIDES SHELTER, BASIC NEEDS, STABILIZATION SERVICES, AND HOUSING SOLUTIONS TO FAMILIES EXPERIENCING HOMELESSNESS. 13 13 29 1500 0 0 2653695 5557867 0 0 5828 6043 -21568 -22993 2637955 5540917 746356 2164782 0 0 1195677 1199041 0 0 214578 761497 843599 2703530 4207422 -65575 1333495 2017656 3731982 89921 470752 1927735 3261230 X THE ORGANIZATION PROVIDES SHELTER, BASIC NEEDS, STABILIZATION SERVICES, AND HOUSING SOLUTIONS TO FAMILIES EXPERIENCING HOMELESSNESS. 0 1 2405992 1942404 EMERGENCY SHELTER - PROVIDES CHILDREN AND THEIR FAMILIES WITH SAFE SHELTER, BASIC NEEDS, AND SUPPORTIVE SERVICES AS THEY SEEK PERMANENT HOUSING. 635056 79246 PARTNERS IN HOUSING- PERMANENT HOUSING SOLUTION FOR FAMILIES TO BECOME HOMEOWNERS UTILIZING EXISTING MANUFACTURED HOUSING. 280748 37729 DIVERSION - SUPPORTIVE SERVICES PROVIDED TO FAMILIES IN A HOUSING CRISIS TO AVOID A NEED FOR EMERGENCY SHELTER. 269478 33510 HOUSING - HOUSING SOLUTIONS PROVIDED TO FAMILIES COMING FROM EMERGENCY SHELTER, TO INCLUDE TRANSITIONAL HOUSING OR SHARED HOUSING. 207234 71893 FAMILY ENGAGEMENT STABILIZATION - SUPPORTIVE SERVICES PROVIDED TO FAMILIES NEWLY TRANSITIONED INTO HOUSING TO ENSURE THEY CAN STAY SECURELY HOUSED. 476712 105403 3798508 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 19 0 1 29 1 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X X RIVERTOWN FINANCE 6168552858 5088 CORPORATE EXCHANGE BLVD GRAND RAPIDS MI 49512 AMANDA BRAND DIRECTOR 2.00 X 0 0 0 CRYSTEL IMPERI SECRETARY 5.00 X X 0 0 0 CHRIS HUYGE DIRECTOR 2.00 X 0 0 0 DARREN MCKNIGHT TREASURER 5.00 X X 0 0 0 JOE HOWARD DIRECTOR 2.00 X 0 0 0 KAREN RICKETTS PRESIDENT 5.00 X X 0 0 0 KARINA ZARATE DIRECTOR 2.00 X 0 0 0 LAURA MORRIS DIRECTOR 2.00 X 0 0 0 MICHAEL MOODY DIRECTOR 2.00 X 0 0 0 RENEE MIKA DIRECTOR 2.00 X 0 0 0 SUSAN STODDARD DIRECTOR 2.00 X 0 0 0 TENISA FRYE DIRECTOR 2.00 X 0 0 0 TRENESSA ALLEN DIRECTOR 2.00 X 0 0 0 CHERYL SCHUCH CEO 40.00 X 94937 0 5444 94937 0 5444 0 0 0 0 0 101880 2049323 3406664 281569 5557867 6043 6043 10920 101880 33913 -22993 -22993 5540917 0 0 -16950 2164782 2164782 100380 35133 15057 50190 931337 742899 107345 81093 84537 66181 9806 8550 82787 63405 9159 10223 13177 11697 762 718 53184 43512 5311 4361 62843 56842 3089 2912 7012 1538 369 5105 11845 9956 897 992 24068 11636 4997 7435 38220 32127 2893 3200 14225 13657 298 270 81615 62329 9153 10133 27573 16612 9611 1350 PROGRAM HOUSING COSTS 154668 154668 CLIENT ASSISTANCE 141344 141344 REPAIR & MAINTENANCE 127581 113150 12516 1915 PRINTING, POSTAGE, AND 24837 6793 756 17288 61407 50247 2317 8843 4207422 3798508 194336 214578 756153 1659604 279605 1169724 1346825 444171 981898 902654 2017656 3731982 89126 229902 795 240850 89921 470752 X 1710538 2235073 217197 1026157 1927735 3261230 2017656 3731982 1333495 0 X 0 1 X 1 1 1 X 1371936 1755332 2083459 2672045 5423455 13306227 1371936 1755332 2083459 2672045 5423455 13306227 1349230 11956997 54 104 180 5828 6043 12209 13318436 0.89780 0.88080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 574402 67455 506947 477774 229617 248157 121789 87872 33917 72860 59227 13633 902654 X 5582491 41574 41574 5540917 0 5540917 4248996 41574 41574 4207422 0 4207422 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. GOLF OUTING 45179 34259 10920 8352 3984 4403 DREAMS DINNER 67621 67621 11400 2540 3234 2 112800 101880 10920 11400 10892 3984 7637 33913 -22993 1 FOOD, CLOTHING, AND FURNITURE 1662 1896564 268218 FAIR MARKET VALUE 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 REVIEWED ANNUALLY. X 254300 FAIR VALUE X 13498 FAIR VALUE X IN-KIND OTHER 0 13771 FMV 0 0 0 FORM 990, PART III, LINE 3 IN 2020, FAMILY PROMISE WAS REQUIRED TO SHIFT TO A NON-CONGREGANT SHELTER MODEL AS A RESULT OF COVID-19 RESTRICTIONS AND FEDERAL SAFETY GUIDELINES. 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.