Better Business Bureau Report for
Fellowship Housing Corporation

Better Business Bureau Report issued August 2015
Better Business Bureau Report expires August 2017


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Fellowship Housing Corporation
Address: 2060 Stonington
Suite 200
  Hoffman Estates, IL 60195
Phone: 847-882-2511
Web Address: www.fhcmoms.org
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Better Business Bureau Comments

Year, State Incorporated: 1991, Illinois
Affiliates: None
Stated Purpose: Demonstrate Christ-like love by serving single moms and their children through a two year transitional housing program that focuses on accountability and a path to independence. Fellowship Housing provides free and reduced cost housing and housing services for persons who are homeless, indigent, aged, abused, or otherwise disadvantaged by need for residential shelter, without respect to race, sex, handicap, national origin, or age.

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Evaluation Conclusions

              

Fellowship Housing Corporation does not meet the following Standard for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Fellowship Housing Corporation does not meet this standard because:

  • The organization states it does not have an annual report covering activities conducted in the past year.
Fellowship Housing Corporation meets the remaining 19 Standards for Charity Accountability.
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Programs

              

Fellowship Housing is an independent, 501c3 non-profit organization that serves the needs of single moms and their children who are homeless or one small crisis away from homelessness. We provide housing at reduced rates, financial literacy training, counseling, case management and debt reduction services.

For the fiscal year ended December 31, 2014, Fellowship Housing Corporation's program expenses were:

  
housing 499,832
Total Program Expenses: $499,832
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Governance

              

Chief Executive : Andrea Minor, Executive Director
Compensation*: 

Chair of the Board: Ron Nye
Chair's Profession / Business Affiliation: Managing Partner at Legal Recruiting Firm

Board Size: 6

Paid Staff Size: 8

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

telephone, invitations to fund raising events, grant proposals, internet, cause-related marketing
Fund raising costs were 13% of related contributions. (Related contributions, which totaled $452,458, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Fellowship Housing Corporation's audited financial statements for the fiscal year ended December 31, 2013.

Source of Funds  
individual and foundation contributions 288,535
special events 114,029
rental income 103,581
special event income 98,276
gifts in kind 33,769
government grants 16,125
net assets released from restriction 12,393
investment income 4,608
Total Income $671,316


chart



Uses of Funds as a % of Total Expenses

Programs: 76%  Fund Raising: 9%  Administrative: 15% 

Total income $671,316
Program expenses $499,832
Fund raising expenses 57,708
Administrative expenses 101,130
Total expenses $658,670
Income in Excess of Expenses 12,646
Beginning net assets 659,852
Ending net assets 577,549
Total liabilities 0
Total assets $0


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

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