Overview
What is Plano Community Home Inc?
Plano Community Home Inc, situated in Plano, Texas, is a nonprofit organization designed to cater to the needs of the lower-income elderly and disabled community. They operate a 130-unit housing project, offering subsidized accommodation for this demographic. The organization's primary mission is to provide essential housing and supportive services, aiming to enhance the quality of life for these individuals.
Official website here: www.planocommunityhome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)
Plano Community Home Inc has received a Two-Star rating from Charity Navigator, indicating that there are areas needing improvement within the organization’s financial accountability and overall transparency. The rating is primarily based on a strong performance in certain governance categories, such as having a fully independent board and clear conflict of interest and whistleblower policies.
Strengths of the organization include its commitment to governance, as evidenced by 100% of board members being independent and the presence of structured policies. The program expense ratio stands out positively at 78.45%, suggesting that a significant portion of funds is directed toward its programs. However, the organization faces challenges in financial reporting, as it has not provided comprehensive financial statements and has a high liabilities-to-assets ratio of 183.35%.
Overall, while Plano Community Home Inc demonstrates solid governance practices, its financial transparency issues and the absence of critical financial documents on its website limit its evaluation. Addressing these weaknesses would be essential for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Plano Community Home Inc legitimate?
Plano Community Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Community Home Inc 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: $376,315
For more financial information, click here
Official website here: www.planocommunityhome.org
What is the mission statement of Plano Community Home Inc?
Plano Community Home Inc is dedicated to providing housing and essential services to individuals from lower income backgrounds who are elderly or disabled. As a non-profit organization, its primary mission is to offer subsidized housing and necessary assistance to help these individuals live with dignity and independence. The organization manages a 130-unit housing project specifically designed for this demographic, ensuring they have a secure and supportive living environment. By providing these essential services, Plano Community Home Inc aims to enhance the quality of life for its residents and empower them to lead fulfilling and self-sufficient lives.
Official website here: www.planocommunityhome.org
Who is the CEO of Plano Community Home Inc?
Lee Ann Hubanks is the Chair of Plano Community Home Inc.
Official website here: www.planocommunityhome.org
What is the revenue of Plano Community Home Inc?
Plano Community Home Inc's revenue in 2022 was $1,686,672.
Official website here: www.planocommunityhome.org
Who are the executives of Plano Community Home Inc and what are their salaries?
There 7 volunteers at Plano Community Home Inc.
Here are 10 key members and their salaries:
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- Related: $152,390
- Other: $13,246
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- Related: $150,570
- Other: $13,191
- Compensation: $0
- Related: $142,651
- Other: $12,023
Official website here: www.planocommunityhome.org
Where can I find the form 990 for Plano Community Home Inc?
Plano Community Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.planocommunityhome.org
Learn more at the official website: www.planocommunityhome.org
Mission Statement of Plano Community Home Inc
Plano Community Home Inc, a non-profit organization, is dedicated to providing housing and essential services to individuals who fall under the categories of lower income elderly and disabled persons. The mission of this organization is to create an environment where these individuals can live comfortably and securely. Plano Community Home Inc operates a housing project, consisting of 130 units, specifically designed for this demographic. By providing subsidized housing and accompanying services, the non-profit aims to enhance the lives of those in need, promoting their overall well-being and independence.
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Impact
July, 2024
Plano Community Home Inc's impact can be seen in the tangible support and care it provides to lower-income elderly and disabled individuals in Plano, Texas. Through its 130-unit housing project, this organization offers subsidized housing and essential services, ensuring that vulnerable members of the community have a safe and stable place to call home. By focusing on this demographic, Plano Community Home Inc plays a crucial role in addressing the housing needs of those who may otherwise struggle to find affordable and suitable accommodation. In doing so, it contributes to enhancing the quality of life and well-being of its residents, fostering a sense of security and community among those it serves.
This information is meant to be a general summary of Plano Community Home Inc. 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.
- Program Service Revenue: $1,549,989
- Gross Receipts: $1,686,672
Assets and Liabilities:
- Total Assets: $2,472,002
- Total Liabilities: $4,532,655
- Net Assets: -$2,060,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,549,989
Organization Details
Founding Year
1986
Phone
(972) 423-6058Principal Officer
Lee Ann Hubanks
Main Address
1612 AVE L, PLANO, TX, 75074
Website
www.planocommunityhome.orgNTEE Category
Code: L22 - Housing
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