Fairbanks Community Homes
- Assets
- $1.1m
- Revenue
- $83.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 11/2004
- Data as of
- 06/2021
- EIN
- 20-0021543
Organization Overview
Fairbanks Community Homes is located in Fairbanks, AK. The organization was established in 2004. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairbanks Community Homes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Fairbanks Community Homes generated $83.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $111.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY AFFORDABLE HOUSING TO LOW-INCOME, DISABLED PERSONS RESIDING IN THE FAIRBANKS, ALASKA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OWN AND OPERATE THE HARDING HOUSE, A SIX-PLEX UNIT DWELLING THAT PROVIDES SUPPORTIVE HOUSING FOR LOW-INCOME, DISABLED PERSONS RESIDING IN THE FAIRBANKS, ALASKA AREA.
OWN AND OPERATE THE HARDING HOUSE, A SIX-PLEX UNIT DWELLING THAT PROVIDES SUPPORTIVE HOUSING FOR LOW-INCOME, DISABLED PERSONS RESIDING IN THE FAIRBANKS, ALASKA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendrick Blais President | OfficerTrustee | 2 | $0 |
Elizabeth Myers Secretary-Treasurer | OfficerTrustee | 0 | $0 |
Suzanne Price Vice President | OfficerTrustee | 0 | $0 |
William Hao Jr Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,675 |
| Investment income | $55 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,730 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $525 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,186 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,153 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $111,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,673 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,127 |
| Net Land, buildings, and equipment | $894,686 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,749 |
| Total assets | $1,148,235 |
| Accounts payable and accrued expenses | $12,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,047,400 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $19,685 |
| Total liabilities | $1,079,723 |
| Net assets without donor restrictions | -$144,605 |
| Net assets with donor restrictions | $213,117 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,148,235 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Community Resources Inc Anchorage, AK | $37,765,855 | $44,913,802 |
Friends Of Youth Kirkland, WA | $22,592,379 | $16,952,928 |
Excelsior Youth Center Spokane, WA | $19,511,550 | $21,355,241 |
Alaska Childrens Services Inc Anchorage, AK | $26,183,014 | $19,408,759 |
Lake Whatcom Residential & Treatment Center Bellingham, WA | $5,636,186 | $12,250,358 |
Presbyterian Hospitality House Inc Fairbanks, AK | $6,038,372 | $11,165,904 |
Valley Residential Services Walla Walla, WA | $5,466,776 | $10,028,486 |
Secret Harbor Burlington, WA | $2,668,851 | $2,516,973 |
Harmony Hill Of Union Union, WA | $2,630,560 | $964,585 |
Kenai Peninsula Community Care Center Kenai, AK | $688,483 | $1,244,188 |
New Hope Outreach Incorporated Spokane, WA | $273,007 | $632,174 |
Ionia Inc Kasilof, AK | $3,501,661 | $506,243 |