Plano Community Home Sponsor Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752280301 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is Plano Community Home Sponsor Inc?

Plano Community Home Sponsor Inc, located at 1612 Avenue L, Plano, Texas 75074, serves as the governing, payroll processing, and fundraising entity for seven affiliated housing projects. These projects provide residential accommodations for the low-income elderly and disabled individuals who meet the eligibility criteria outlined in Section 202 of the Housing Act of 1959 and relevant HUD regulations. The organization's primary mission is to assist these low-income housing projects, ensuring they can provide suitable living spaces for their residents. With a workforce of 53 individuals, Plano Community Home Sponsor Inc plays a significant role in addressing housing needs within its community.


Official website here: www.planocommunityhome.org

Is Plano Community Home Sponsor Inc legitimate?

Plano Community Home Sponsor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Community Home Sponsor 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: $40,879

For more financial information, click here


Official website here: www.planocommunityhome.org

What is the mission statement of Plano Community Home Sponsor Inc?

Plano Community Home Sponsor Inc serves as the governing, payroll processing, and funding entity for seven affiliated housing projects. Their primary mission is to assist in the development of low-income housing projects. The affiliated projects specifically cater to the needs of the elderly and disabled individuals who qualify under Section 202 of the Housing Act of 1959 and relevant HUD regulations. The organization's purpose is to facilitate the provision of housing solutions for those in financial need.


Official website here: www.planocommunityhome.org

Who is the CEO of Plano Community Home Sponsor Inc?

Lee Ann Hubanks is the Chair of Plano Community Home Sponsor Inc.


Official website here: www.planocommunityhome.org

What is the revenue of Plano Community Home Sponsor Inc?

Plano Community Home Sponsor Inc's revenue in 2022 was $1,306,642.


Official website here: www.planocommunityhome.org

Who are the executives of Plano Community Home Sponsor Inc and what are their salaries?

The average compensation at Plano Community Home Sponsor Inc during 2022 was $771. There are 53 employees and 7 volunteers at Plano Community Home Sponsor Inc.


Here are 10 key members and their salaries:


Willie E Rivers (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Martin (Director (Term End))
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Hildenbrand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Fleming (Director (Term End))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Herlihy (Vice Chair & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adnan Zaidi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Ann Hubanks (President)
  • Compensation: $152,390
  • Related: $0
  • Other: $13,246
Rhoda Byers (Executive Vice President)
  • Compensation: $150,570
  • Related: $0
  • Other: $13,191
Roque' Christensen (Executive Vice President)
  • Compensation: $142,651
  • Related: $0
  • Other: $12,023


Official website here: www.planocommunityhome.org

Where can I find the form 990 for Plano Community Home Sponsor Inc?

Plano Community Home Sponsor 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 Sponsor Inc

Plano Community Home Sponsor Inc, as a governing entity, plays a crucial role in assisting seven affiliated housing projects. Their mission is centered around providing housing for individuals who fall under the category of low-income elderly and disabled individuals. This classification is based on the criteria outlined in Section 202 of the Housing Act of 1959 and any applicable HUD regulations. The organization's role extends beyond simply overseeing these projects; it also handles payroll processing and fundraising for these affiliated initiatives. The ultimate goal of Plano Community Home Sponsor Inc is to ensure that these projects can continue to provide much-needed housing for their eligible residents, thereby enhancing their quality of life.

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Impact




October, 2024

Plano Community Home Sponsor Inc plays a crucial role in enhancing the quality of life for low-income elderly and disabled individuals in Plano, Texas. By overseeing multiple housing projects, the organization ensures that these vulnerable populations have access to safe and affordable living spaces. It serves as the governing body for seven affiliated housing initiatives, facilitating essential functions such as payroll processing and fundraising.

Through its efforts, the organization not only addresses immediate housing needs but also fosters a supportive community environment where residents can thrive. By adhering to the guidelines set forth by the Housing Act of 1959 and relevant HUD regulations, Plano Community Home Sponsor Inc actively contributes to the stability and well-being of individuals who might otherwise struggle to secure adequate housing. Its impact extends beyond mere shelter, touching the lives of residents by providing a sense of belonging and dignity.




This information is meant to be a general summary of Plano Community Home Sponsor 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.

Revenue
$1,306,642 (2022)
Expenses
$1,255,547 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,281,642
  • Gross Receipts: $1,306,642

Assets and Liabilities:

  • Total Assets: $982,689
  • Total Liabilities: $111,404
  • Net Assets: $871,285

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$1,281,642

Organization Details

Founding Year

2003

Principal Officer

Lee Ann Hubanks

Main Address

1612 AVENUE L, PLANO, TX, 75074

NTEE Category

Code: L22 - Housing

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