Hong Lok

Organization Overview

Hong Lok is located in Phoenix, AZ. The organization was established in 2009. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hong Lok 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 12/2021, Hong Lok generated $430.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $422.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS ORGANIZATION PROVIDED AFFORDABLE HOUSING TO ELDERLY PERSONS THROUGH THE OPERATION OF A 42-UNIT HUD 202 PRAC MULTIFAMILY HOUSING COMMUNITY IN PHOENIX, ARIZONA. THE ORGANIZATION PROVIDED DECENT, SAFE AND SANITARY HOUSING TO 69 RESIDENTS: 1% UNDER 62; 59% BETWEEN THE AGES 62-81; 39% BETWEEN THE AGES 82-93 AND 1% AGE 94+. HONG LOK EMPLOYS A SERVICE COORDINATOR WHO ASSISTED RESIDENTS WITH OBTAINING A VARIETY OF SOCIAL SERVICES AND REFERRALS. IN 2021, THIS COMMUNITY CONTINUED TO BE IMPACTED BY THE COVID-19 PANDEMIC AND HAD LIMITED SOCIAL ACTIVITIES AND COMMUNITY EVENTS FOR THE MAJORITY OF THE YEAR. WHILE RESIDENTS DEALT WITH SOCIAL ISOLATION AND QUARANTINE, MANY OF THE REFERRAL SERVICES PROVIDED BY THE SERVICE COORDINATOR FOCUSED ON COVID-19 VACCINE INFO AND TESTING, HOME DELIVERED MEALS, FOOD BANK PROGRAMS(CONT'D ON SCH O) AND FOOD DISTRIBUTION, TRANSPORTATION, EMERGENCY FINANCIAL ASSISTANCE, HEALTHCARE SERVICES, PRESCRIPTION ASSISTANCE, SOCIAL SECURITY AND MEDICARE, AND ACQUIRING AND DISTRIBUTING PPE FOR RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Cheak Yee
Chair
$0
Teresa Yung
Vice Chair
$0
Brenda Fung
Secretary
$0
Rudy Yee
Treasurer
$0
Joe Yue
Auditor
$0
Margaret T Liu
Director
$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$332,902
Investment income $37
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,496
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $430,317

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