Overview
What is Fairbanks Community Homes?
Fairbanks Community Homes is a nonprofit organization, based in Fairbanks, Alaska, that specializes in providing quality and affordable housing for low-income, disabled individuals residing in the area. Their primary mission is the operation of the HArding House, a six-unit dwelling that offers supportive housing to meet the specific needs of this vulnerable group. By providing essential housing services, Fairbanks Community Homes aims to contribute positively to the well-being of its community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Fairbanks Community Homes has received a Two-Star rating from Charity Navigator, indicating moderate performance in terms of accountability and finance. The charity demonstrates strong governance with 100% independent board members and no material diversion of assets. However, the absence of a whistleblower and document retention policy raises concerns about transparency and internal controls.
The organization excels in program expenses, allocating 100% of its budget towards its programs, which highlights a commitment to its mission. Nonetheless, its financial metrics reflect a high liability to asset ratio of 98.72%, which may suggest potential financial instability. This could impact the charity's ability to sustain its operations and fund future initiatives.
Overall, while Fairbanks Community Homes showcases strengths in board independence and program spending, the noted weaknesses in governance policies and financial ratios suggest areas for improvement. Potential donors and supporters should consider these factors when evaluating the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Fairbanks Community Homes legitimate?
Fairbanks Community Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairbanks Community Homes submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Fairbanks Community Homes?
The mission of Fairbanks Community Homes is to offer quality, affordable housing to low-income, disabled individuals within their community. Specifically, they focus on providing supportive housing in the Fairbanks, Alaska area. In pursuit of their goal, they own and operate a six-plex unit dwelling to accommodate these residents. Their commitment is geared towards enhancing the living conditions of these individuals and ensuring they have a place to call home.
Who is the CEO of Fairbanks Community Homes?
Kendrick Blais is the Director of Fairbanks Community Homes.
What is the revenue of Fairbanks Community Homes?
Fairbanks Community Homes's revenue in 2022 was $84,088.
Who are the executives of Fairbanks Community Homes and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fairbanks Community Homes?
Fairbanks Community Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fairbanks Community Homes
Fairbanks Community Homes, a non-profit organization, is dedicated to providing quality and affordable housing for low-income and disabled individuals residing in their community. Their mission is crystal clear: to offer a supportive living environment for those in need. One of their key initiatives involves the operation of the HArding House, a six-unit dwelling that serves as a haven for the aforementioned group of individuals. By providing a safe and comfortable living space, Fairbanks Community Homes aims to make a meaningful difference in the lives of those it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Fairbanks Community Homes has a significant impact on the community by providing quality affordable housing to low-income, disabled individuals in the Fairbanks, Alaska area. Through their ownership and operation of the Harding House, a supportive six-plex unit dwelling, they offer a safe and stable living environment for those in need. This not only addresses the critical need for affordable housing in the area but also specifically targets the support of individuals with disabilities. Fairbanks Community Homes plays a crucial role in improving the quality of life and mental well-being of their residents, making a positive difference in the community.
This information is meant to be a general summary of Fairbanks Community Homes. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $74
- Program Service Revenue: $84,014
- Gross Receipts: $84,088
Assets and Liabilities:
- Total Assets: $1,119,367
- Total Liabilities: $1,074,643
- Net Assets: $44,724
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Affordable Housing Rent
Revenue
$84,014
Organization Details
Founding Year
2003
Principal Officer
Kendrick Blais
Main Address
1427 Gillam Way, Fairbanks, AK, 99701
NTEE Category
Code: F33 - Mental health
If you are a representative of Fairbanks Community Homes and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.