Wong Center Inc
- Assets
- $15.3m
- Revenue
- $39.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 06/1977
- Data as of
- 12/2023
- EIN
- 94-2205790
Organization Overview
Wong Center Inc is located in Sacramento, CA. The organization was established in 1977. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Wong Center Inc 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 12/2023, Wong Center Inc generated $39.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (35.0%) each year. All expenses for the organization totaled $19.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (38.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTMENT IN LOW INCOME HOUSING IN THE RAILYARD PROJECT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugson Wong Chairman | 0 | $0 | |
Richard Wong Vice-Chairman | 0 | $0 | |
John C Wong Treasurer | 0 | $0 | |
George Wong Secretary | 0 | $0 | |
Tin Chu Wong Secretary | 0 | $0 | |
Johnson Wong Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,260 |
| Dividends & Interest | $1,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,961 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,104 |
| Total operating and administrative expenses | $19,041 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $19,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,488 |
| Savings and temporary cash investments | $21,081 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,281,419 |
| Total assets | $15,322,988 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |