Plm Families Together Inc
- Assets
- $3.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 35
- Location
- Raleigh, NC
- Founding
- 07/1981
- Data as of
- 06/2023
- EIN
- 56-1278004
Organization Overview
Plm Families Together Inc, operating under the name Families Together, is located in Raleigh, NC. The organization was established in 1981. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Families Together employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Families Together is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Families Together generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $3.0m during the year ending 06/2023. While expenses have increased by 13.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SHORT-TERM HOUSING, SUPPORT SERVICES, AND ACCESS TO PERMANENT HOUSING TO FAMILIES EXPERIENCING HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY SHELTER - EMERGENCY SHELTER FOR HOMELESS FAMILIES ALONG WITH INTENSIVE CASE MANAGEMENT EITHER IN ONE OF OUR 3-BEDROOM APARTMENTS OR IN HOTEL ROOMS PAID BY FAMILIES TOGETHER. THIS PROGRAM HELPS FILL A GROWING COMMUNITY GAP BY PROVIDING NON-CONGREGATE SHELTER FOR FAMILIES WITH CHILDREN AND PRIORITIZES THOSE MOST AT RISK OF SEPARATION IN A TRADITIONAL SHELTER SETTING. PROVIDED 19,130 SHELTER BED NIGHTS DURING THE YEAR THROUGH THESE PROGRAMS.
FAMILY EMPOWERMENT AND COMMUNITY ENGAGEMENT REFERS TO A COMBINATION OF ACTIVITIES INCLUDING COMMUNITY OUTREACH, ENGAGEMENT AND EDUCATION; GROUP AND INDIVIDUAL VOLUNTEER OPPORTUNITIES; AND FAMILY ENRICHMENT IN THE FORM OF BUDGETING/CREDIT COUNSELING/MONEY MANAGEMENT SERVICES ALONG WITH SELF- CARE WORKSHOPS, EMPLOYMENT AND EDUCATION ASSISTANCE, PARENT AND TENANT EDUCATION, AND FAMILY ENRICHMENT ACTIVITIES.
RAPID REHOUSING - ASSISTANCE FOR FAMILIES EXPERIENCING HOMELESSNESS WITH HOUSING SEARCH AND PLACEMENT, CONNECTION TO RESOURCES, SERVICES, AND BASIC NEEDS (I.E., FOOD, TRANSPORTATION, CHILD CARE), FINANCIAL ASSISTANCE FOR START-UP HOUSING COSTS, AND ONGOING CASE MANAGEMENT FOR UP TO A YEAR AFTER PERMANENT HOUSING IS OBTAINED. HELPED 49 FAMILIES OBTAIN PERMANENT HOUSING. THROUGH ALL PROGRAMS COMBINED, PROVIDED MORE THAN 150 FAMILIES WITH ACCESS TO OUR HOLISTIC, WRAPAROUND SUPPORT, INCLUDING SPECIALIZED TAILORED HELP WITH FINANCIAL EMPOWERMENT, EMPLOYMENT READINESS AND BEHAVIORAL HEALTH MANAGEMENT.
AFFORDABLE HOUSING INITIATIVE - LAUNCHED IN 2019 IN RESPONSE TO THE GROWING COMMUNITY NEED FOR HOUSING THAT EXTREMELY LOW-INCOME FAMILIES CAN AFFORD, FAMILIES TOGETHER NOW HAS A PROPERTY PORTFOLIO OF 15 UNITS THAT ARE OWNED OR LEASED BY THE ORGANIZATION AND USED FOR EITHER TRANSITIONAL OR AFFORDABLE RENTAL HOUSING. FAMILIES IN TRANSITIONAL HOUSING PAY A MODEST PROGRAM FEE AND RECEIVE CASE MANAGEMENT WHILE TAKING STEPS TO OBTAIN PERMANENT HOUSING. FAMILIES IN PERMANENT RENTAL HOUSING PAY NO MORE THAN 30% OF HOUSEHOLD INCOME ON RENT AND UTILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Rowe Executive Di | Officer | 40 | $114,792 |
Jennifer Paul Development | 40 | $109,673 | |
Deborah Blank Board Member | Trustee | 2 | $0 |
Kathy Coburn Board Member | Trustee | 2 | $0 |
Marcella Cox Board Member | Trustee | 2 | $0 |
Michael Fagan Vice Preside | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,247,119 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,331,487 |
| Noncash contributions included in lines 1a–1f | $43,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,578,606 |
| Total Program Service Revenue | $114,819 |
| Investment income | $7,700 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,705,148 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,552 |
| Compensation of current officers, directors, key employees. | $16,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,194,712 |
| Pension plan accruals and contributions | $11,739 |
| Other employee benefits | $134,373 |
| Payroll taxes | $102,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,810 |
| Fees for services: Accounting | $41,324 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,400 |
| Advertising and promotion | $0 |
| Office expenses | $109,305 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,961 |
| Travel | $25,413 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,294 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,472 |
| Insurance | $8,386 |
| All other expenses | $19,628 |
| Total functional expenses | $2,995,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,183 |
| Savings and temporary cash investments | $312,569 |
| Pledges and grants receivable | $548,103 |
| Accounts receivable, net | $16,861 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,271 |
| Net Land, buildings, and equipment | $2,344,524 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,989 |
| Total assets | $3,484,500 |
| Accounts payable and accrued expenses | $157,547 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $12,820 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $781,946 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,773 |
| Total liabilities | $965,086 |
| Net assets without donor restrictions | $2,072,561 |
| Net assets with donor restrictions | $446,853 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,484,500 |