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Fairoaks Of Denton Incorporated

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

EIN: 752738182 ✦ Denton, TX ✦ Designated as a 501(c)(3)

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Overview

What is Fairoaks Of Denton Incorporated?

Fairoaks Of Denton Incorporated is a nonprofit organization situated in Denton, Texas, with a specific focus on providing subsidized housing for the elderly and disabled individuals with lower incomes. Operating from 1950 Lattimore Street, this charitable entity manages a 41-unit housing project, catering to the needs of the less fortunate elderly and disabled residents in the area. The organization's primary mission is to offer housing and essential services to those in need, aiming to improve their living conditions and quality of life.


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. This high score indicates strong accountability and financial health for Fairoaks Of Denton Incorporated, reflecting effective management and transparency in operations. The organization excels in areas such as having a fully independent board, no material diversion of assets, and strong financial ratios, which collectively contribute to its solid reputation.

User reviews from Great Nonprofits highlight the exceptional services provided by Fairoaks, particularly its support for low-income elderly individuals and Veterans. One reviewer emphasized the organization's positive impact, describing it as one of Denton's best-kept secrets, with a notable waiting list indicating high demand for its services. This suggests that while Fairoaks is effective, there is a significant need for expansion to accommodate more individuals.

The feedback also points to a strong community connection, with volunteers recognizing the organization's value in senior housing. However, the review underscores a pressing need for increased support and donations to help grow Fairoaks' capacity to assist those in need, reinforcing the importance of community involvement in sustaining and enhancing its programs.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Fairoaks Of Denton Incorporated legitimate?

Fairoaks Of Denton Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairoaks Of Denton Incorporated 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: $217,833

For more financial information, click here


Official website here: www.planocommunityhome.org

What is the mission statement of Fairoaks Of Denton Incorporated?

Fairoaks Of Denton Incorporated is committed to providing housing and essential services to individuals who are elderly and disabled with lower income levels. Their mission is centered around offering subsidized housing as a means to support this group, promoting their well-being and ensuring they have access to necessary resources. The organization operates a 41-unit housing project to cater to this specific demographic, demonstrating their dedication to providing a safe and suitable living environment for these individuals.


Official website here: www.planocommunityhome.org

Who is the CEO of Fairoaks Of Denton Incorporated?

Lee Ann Hubanks is the President of Fairoaks Of Denton Incorporated.


Official website here: www.planocommunityhome.org

What is the revenue of Fairoaks Of Denton Incorporated?

Fairoaks Of Denton Incorporated's revenue in 2022 was $487,796.


Official website here: www.planocommunityhome.org

Who are the executives of Fairoaks Of Denton Incorporated and what are their salaries?

There 10 volunteers at Fairoaks Of Denton Incorporated.


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: $0
  • Related: $152,390
  • Other: $13,246
Rhoda Byers (Executive Vice President)
  • Compensation: $0
  • Related: $150,570
  • Other: $13,191
Roque' Christensen (Executive Vice President)
  • Compensation: $0
  • Related: $142,651
  • Other: $12,023


Official website here: www.planocommunityhome.org

Where can I find the form 990 for Fairoaks Of Denton Incorporated?

Fairoaks Of Denton Incorporated'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 Fairoaks Of Denton Incorporated

Fairoaks Of Denton Incorporated is a non-profit organization with a mission to provide housing and essential services to individuals who fall under the categories of lower income elderly and disabled persons. This mission is carried out through the operation of a 41-unit housing project, serving as a safe and subsidized living space for those in need. By offering housing, Fairoaks Of Denton Incorporated aims to contribute to the well-being and independence of its residents, thereby enhancing their quality of life.

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Impact




July, 2024

Fairoaks Of Denton Incorporated's impact is significant in providing subsidized housing and essential services to lower income elderly and disabled individuals in Denton, Texas. By operating a 41-unit housing project, Fairoaks Of Denton plays a crucial role in addressing the housing needs of this vulnerable population. Through its mission to provide housing and services, Fairoaks Of Denton contributes to enhancing the quality of life and well-being of those in need within the community.




This information is meant to be a general summary of Fairoaks Of Denton Incorporated. 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
$487,796 (2022)
Expenses
$591,220 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $99
  • Program Service Revenue: $465,437
  • Gross Receipts: $487,796

Assets and Liabilities:

  • Total Assets: $1,952,847
  • Total Liabilities: $223,808
  • Net Assets: $1,729,039

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Programs

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

RENTAL INCOME

Revenue

$465,437

Organization Details

Founding Year

1997

Principal Officer

Lee Ann Hubanks

Main Address

1950 LATTIMORE ST, DENTON, TX, 76209

NTEE Category

Code: L22 - Housing

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