Family Housing Management Company Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROVIDE HOUSING TO THE ELDERLY AND/OR HANDICAPPED BY OBTAINING, FINANCING, CONSTRUCTING, REHABILITATING, OPERATING AND MANAGING FACILITIES DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THEIR INHABITANTS.
- Income
- $437,769
- Spending
- $357,672
- Spent on programs
- 86%
- Reserves
- 19.9 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 7
- Highest pay
- $92,198, executive di
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 96 out of 100. Higher than 93% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 19.9 months of spending.
Debt
16 of 20It owes 27% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
15 of 1586% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 86% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 256 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $306,866 spent. FAMILY HOUSING MANAGEMENT COMPANY, INC. WAS FORMED BY THE CATHOLIC DIOCESE OF ST. AUGUSTINE AS A NONPROFIT ENTITY TO MANAGE HUD SUBSIDIZED FACILITIES FOR THE ELDERLY AND DISABLED. THE DIOCESE ACTS AS THE SPONSOR. THE RENTAL HOUSING CONSISTS OF FIVE CORPORATE ENTITIES WITH 343 TOTAL UNITS. EACH ENTITY IS SUPPORTED BY VOLUNTEER BOARDS MADE UP OF BUSINESS, PROFESSIONAL, RETIRED AND RELIGIOUS INDIVIDUALS. THE VOLUNTEER BOARD MEMBERS TOTAL 7. THE RENTAL HOUSING IS A PLACE THAT THE ELDERLY AND DISABLED CAN CALL HOME WITH THE AFFORDABILITY OF RENT BASED ON A PERSON'S INCOME. ACTIVITIES AND SERVICES SUCH AS HEALTH FAIRS, REFERRALS, MEDICARE AND MEDICAID ASSISTANCE, POT LUCKS, AND OUTINGS ARE JUST A FEW THINGS THAT ALLOW THOSE THAT LIVE AT THE ENTITIES TO REMAIN IN A HOUSE ONLY SETTING.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for churches. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Worth knowing.
The IRS does not require this organization to file annual returns.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.