Overview
What is Plano Community Home Phase Iv Inc?
Plano Community Home Phase IV Inc. is a nonprofit organization situated in Plano, Texas, specifically at 3925 American Drive. Their primary mission is to offer subsidized housing and services for the lower income elderly and disabled residents in the area. The organization manages a 61-unit housing project designed to cater to this demographic. Their aim is to positively enrich the quality of life for those in need by providing premium, affordable senior, disabled, and veteran housing, along with a continuum of necessary services. The organization is actively engaged in inspiring and educating community leaders to advocate for housing and the continuum of services that are essential in the North Texas region.
Official website here: www.planocommunityhome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Plano Community Home Phase IV Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score calculated entirely from a single beacon focused on accountability and finance, the organization demonstrates strong governance practices, including a fully independent board and robust policies like conflict of interest and whistleblower protections.
The organization exhibits a notable program expense ratio of 72.19%, reflecting its commitment to utilizing a significant portion of its resources for its programs rather than administrative expenses. Additionally, its liabilities to assets ratio stands at a low 6.82%, showcasing financial stability and effective management of resources. These factors contribute to its strong reputation within the nonprofit sector.
However, while the financial aspects are well-managed, some stakeholders may seek further transparency regarding the salaries of key personnel, which are relatively high. Although these figures are appropriate for leadership positions, potential donors may desire more information on how these salaries align with the organization's overall mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Plano Community Home Phase Iv Inc legitimate?
Plano Community Home Phase Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plano Community Home Phase Iv 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 Iv Inc?
Plano Community Home Phase Iv Inc's mission is to enhance the lives of disadvantaged elderly and disabled individuals by offering high-quality, affordable senior and disabled housing, along with a range of services. The organization strives to inspire and educate community leaders to advocate for the necessary housing and services in their region. By doing so, they aim to positively impact the lives of those in need, ensuring they live with dignity and respect. Plano Community Home Phase Iv Inc operates a 61-unit housing project, providing subsidized accommodation for eligible individuals.
Official website here: www.planocommunityhome.org
Who is the CEO of Plano Community Home Phase Iv Inc?
Lee Ann Hubanks is the Chair of Plano Community Home Phase Iv Inc.
Official website here: www.planocommunityhome.org
What is the revenue of Plano Community Home Phase Iv Inc?
Plano Community Home Phase Iv Inc's revenue in 2022 was $485,966.
Official website here: www.planocommunityhome.org
Who are the executives of Plano Community Home Phase Iv Inc and what are their salaries?
There 20 volunteers at Plano Community Home Phase Iv Inc.
Here are 10 key members and their salaries:
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- Related: $152,390
- Other: $13,246
- Compensation: $0
- 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 Phase Iv Inc?
Plano Community Home Phase Iv 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 Iv Inc
Plano Community Home Phase IV Inc, as a non-profit organization, is committed to enriching the lives of individuals in need by providing premium, affordable housing for the elderly, disabled, and veterans. Beyond just housing, the organization actively inspires and educates community leaders to advocate for the continuum of services required in the North Texas region. The mission of Plano Community Home Phase IV Inc is multifaceted, aiming to positively impact the quality of life for its residents. It accomplishes this by operating a 61-unit housing project, specifically designed for the lower income elderly and disabled population. Through its efforts, the organization strives to create a supportive environment, providing a continuum of services that cater to the unique needs of its residents.
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Impact
July, 2024
Plano Community Home Phase IV Inc positively enriches the quality of life for residents in need by providing premier affordable senior, disabled, and veteran housing in Plano, Texas. By offering subsidized housing and a continuum of services, this organization plays a crucial role in supporting lower income elderly and disabled individuals in the community. Through their mission to inspire and educate community leaders to advocate for housing and needed services in the North Texas region, Plano Community Home Phase IV Inc makes a significant impact on improving the lives of those they serve.
This information is meant to be a general summary of Plano Community Home Phase Iv 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: $128
- Program Service Revenue: $484,438
- Gross Receipts: $485,966
Assets and Liabilities:
- Total Assets: $1,658,221
- Total Liabilities: $113,206
- Net Assets: $1,545,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$484,438
Organization Details
Founding Year
1995
Phone
(972) 423-6058Principal Officer
Lee Ann Hubanks
Main Address
3925 AMERICAN DRIVE, PLANO, TX, 75075
Website
www.planocommunityhome.orgNTEE Category
Code: L20 - Housing
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