FAMILY PROMISE OF MIDLAND TEXAS INC

MIDLAND, TX | Midland County
Community Services

Overview

FAMILY PROMISE OF MIDLAND TEXAS INC
27-1003573
2908 W OHIO AVE
MIDLAND, TX 79701
Midland County
(432) 218-8231

fpm@familypromiseofmidland.com
Mission Statement info

'TO END HOMELESSNESS, ONE FAMILY AT A TIME.'

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2010
Total Employees info
7
Total Volunteers info
500
Nonprofit Classification (NTEE Code) info
L40

L - Housing, Shelter

Temporary Housing

Organizations that provide a temporary place to stay for newcomers, travelers, people who are in crisis, or homeless individuals in the community.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624221
Temporary Shelters
Targeted Clients info
  • At-Risk Youth
  • Economically Disadvantaged
  • Families
  • Homeless
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
100%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
The Midland Interfaith Hospitality Network (MIHN)
We engage community volunteers in providing meals and hospitality to families that are homeless, as defined by the McKinney-Vento Act (same definition as the public schools use to define "homeless students"). Volunteer groups may take 1 - 4 weeks out of the year to provide meals and groceries for families.
Targeted Clients info
  • Economically Disadvantaged
  • Families
  • Homeless
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
Families Forward family transitional housing program
We own and operate 7 duplexes for family transitional housing, which families may reside in for up to 2 years. During that time, families work with a case manager on short-term objectives, to reach long-term goals. We are in need of volunteers to work with school-aged children as tutors and adults who are working toward their GED.
Targeted Clients info
  • Children & Youth
  • Economically Disadvantaged
  • Families
  • Homeless
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
Families Onward Auto Loans
Many of our families come to us without a vehicle. Many have no savings, poor employment history, and/or low credit scores. Our FOAL program allows families to borrow money from us to purchase a vehicle (up to $7,500 (pre-covid limit)) or repair a vehicle they may own. We need funding for this program.
Targeted Clients info
  • Economically Disadvantaged
  • Families
  • Homeless
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
Financial Literacy
One of the major deficits we find with the families we serve, is that they possess a low level of financial literacy. We have parent trainings at least once month and this is an opportunity for persons from the community to volunteer to assist families to learn how to manage their money.
Targeted Clients info
  • Economically Disadvantaged
  • Families
  • First-Time Homebuyers
  • Homeless
  • People needing Credit Counseling
  • Inmates or Ex-Offenders
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$4.3M
Revenue
$4.3M
Assets
$7.5M
Exempt Ruling Date info
2010-03
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
2908 W OHIO AVE
MIDLAND, TX 79701
Midland County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
33260
MSA/MD info
48
State info
329
County info
0005.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
33260 - Midland, TX
Combined Statistical Area info
372 - Midland-Odessa, TX
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 43.66%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • TX - Midland County

Market Data

Census Tract County
0005.00 Midland County
Population
Total Population 4,514 171,238
Total Households 1,703 57,917
Income
Median Family Income (Census*) $99,625 $83,217
Median Family Income (2022 FFIEC est.) $118,700 N/A
Tract Income Percentage 102.18% N/A
Below Poverty Level 8.8% 9.8%
Unemployment Level 1.3% 3.4%
Housing
Total Housing Units 1,898 62,327
Total Owner-Occupied Units 58.2% 66.7%
Total Renter-Occupied Units 31.6% 33.3%
Total Vacant Units 10.3% 8.3%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

11
Total Voting Members
in Governing Body
info
11
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Thomas Miller
Principal Officer info
Thomas Miller
findCRA Profile Owner
Tom Miller
Executive Director
fpm@familypromiseofmidland.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.