Overview
What is Plano Community Home Phase Iii Inc?
Plano Community Home Phase III Inc. is a nonprofit organization established in Plano, Texas. Its primary goal is to offer subsidized housing and essential services to the elderly and disabled individuals with lower incomes. Located at 3905 American Drive, this organization manages a 61-unit housing project specifically tailored for this group. In addition, Plano Community Home Phase III is committed to positively impacting the lives of its residents by providing premier affordable senior, disabled, and veteran housing, and a continuum of necessary services. This nonprofit organization actively encourages and educates community leaders in the North Texas region to advocate for housing and the required services to meet the community's needs.
Official website here: www.planocommunityhome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Plano Community Home Phase III Inc has achieved an impressive score of 96%, indicating a strong commitment to accountability and financial health. This high rating is based entirely on their accountability and finance, showing that the organization adheres to best practices in financial management and transparency. The most recent fiscal year data highlights their effective governance structure, with a fully independent board that meets the recommended standards.
The organization demonstrates a solid financial position with a low liabilities-to-assets ratio of 4.58%, indicating strong asset management. Additionally, it allocates a significant percentage of its expenses—71.27%—directly to programs, reflecting a focused commitment to its mission. The presence of several policies, including conflict of interest, whistleblower, and document retention policies, further enhances the organization’s credibility and operational integrity.
Despite the strong performance across financial practices, no limitations or areas needing improvement were noted in the available data. This reinforces Plano Community Home Phase III Inc's reputation as a reliable nonprofit that effectively utilizes its resources to serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Plano Community Home Phase Iii Inc legitimate?
Plano Community Home Phase Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Community Home Phase Iii 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: $161,469
For more financial information, click here
Official website here: www.planocommunityhome.org
What is the mission statement of Plano Community Home Phase Iii Inc?
Plano Community Home Phase III Inc's mission is centered around enhancing the lives of lower income elderly and disabled individuals. Their primary goal is to provide top-notch affordable housing, serving as a home for these individuals. Beyond housing, they offer a continuum of services to ensure the residents' well-being. The organization actively inspires and educates community leaders, advocating for housing and the necessary services in the North Texas region. Their mission extends beyond just providing a place to live, aiming to positively impact the lives of those in need.
Official website here: www.planocommunityhome.org
Who is the CEO of Plano Community Home Phase Iii Inc?
Lee Ann Hubanks is the Chair of Plano Community Home Phase Iii Inc.
Official website here: www.planocommunityhome.org
What is the revenue of Plano Community Home Phase Iii Inc?
Plano Community Home Phase Iii Inc's revenue in 2022 was $589,526.
Official website here: www.planocommunityhome.org
Who are the executives of Plano Community Home Phase Iii Inc and what are their salaries?
There 20 volunteers at Plano Community Home Phase Iii 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
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- Related: $142,651
- Other: $12,023
Official website here: www.planocommunityhome.org
Where can I find the form 990 for Plano Community Home Phase Iii Inc?
Plano Community Home Phase Iii 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 Phase Iii Inc
Plano Community Home Phase III Inc is a dedicated non-profit organization with a mission to enrich the lives of individuals in need. Their primary focus is on providing premium, affordable housing for the elderly, disabled, and veterans. Beyond housing, they offer a continuum of services aimed at positively impacting the quality of life of their residents. This non-profit organization is also committed to inspiring and educating community leaders in advocating for housing and the necessary services required in the North Texas region. By doing so, Plano Community Home Phase III Inc seeks to make a significant contribution to the well-being of those in their care.
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Impact
July, 2024
Plano Community Home Phase III Inc positively enriches the quality of life for residents in need by providing premier affordable senior, disabled, and veteran housing in addition to a continuum of services. Through its 61-unit housing project in Plano, Texas, this organization actively inspires and educates community leaders to advocate for housing and the continuum of services needed in the North Texas region. Their impact is felt through the provision of subsidized housing for lower-income elderly and disabled individuals, ensuring a safe and supportive living environment for those in need.
This information is meant to be a general summary of Plano Community Home Phase Iii 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.
- Investment Income: $81
- Program Service Revenue: $588,373
- Gross Receipts: $589,526
Assets and Liabilities:
- Total Assets: $1,500,142
- Total Liabilities: $68,828
- Net Assets: $1,431,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$588,373
Organization Details
Founding Year
1992
Phone
(972) 423-6058Principal Officer
Lee Ann Hubanks
Main Address
3905 AMERICAN DRIVE, PLANO, TX, 75075
Website
www.planocommunityhome.orgNTEE Category
Code: L210 - Housing
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