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Hong Lok C/O Biltmore Properties

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

EIN: 320255598 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Hong Lok C/O Biltmore Properties?

Hong Lok C/O Biltmore Properties is a nonprofit organization located in Phoenix, Arizona, primarily focused on providing affordable housing for elderly individuals. They manage a 42-unit housing community, accommodating 72 residents aged 62 and above, with a diverse range of age groups represented. The organization employs a service coordinator who assists residents in obtaining various social services and referrals. In response to the COVID-19 pandemic, the community resumed activities slowly, shifting its referral services towards in-home healthcare, meal deliveries, food banks, and other essential support services. The mission of Hong Lok C/O Biltmore Properties is to offer housing and support services for elderly and handicapped individuals, ensuring they live with dignity and security.

Is Hong Lok C/O Biltmore Properties legitimate?

Hong Lok C/O Biltmore Properties is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hong Lok C/O Biltmore Properties 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: $107,157

For more financial information, click here

What is the mission statement of Hong Lok C/O Biltmore Properties?

Hong Lok C/O Biltmore Properties is dedicated to providing housing and support services for elderly and handicapped individuals. This organization operates a 42-unit housing community, catering to residents aged 62 and above, with a significant portion being seniors aged 82 and above. In addition to offering affordable and safe housing, the organization also employs a service coordinator who assists residents in obtaining various social services and referrals. During the COVID-19 pandemic, the organization shifted its focus to providing in-home healthcare services, home-delivered meals, food bank programs, isolation prevention, technology support, transportation, emergency financial assistance, prescription delivery assistance, and entitlement programs, among others. As the community gradually resumed regular activities, resident activities and educational in-services resumed, with residents continuing to observe social distancing and recommended mask wearing.

Who is the CEO of Hong Lok C/O Biltmore Properties?

Cheak Yee is the Chair of Hong Lok C/O Biltmore Properties.

What is the revenue of Hong Lok C/O Biltmore Properties?

Hong Lok C/O Biltmore Properties's revenue in 2022 was $292,294.

Who are the executives of Hong Lok C/O Biltmore Properties and what are their salaries?

There 7 volunteers at Hong Lok C/O Biltmore Properties.


Here are 7 key members and their salaries:


Cheak Yee (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Yung (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Yee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Fung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Yue (Auditor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret T Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Tang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hong Lok C/O Biltmore Properties?

Hong Lok C/O Biltmore Properties's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hong Lok C/O Biltmore Properties

Hong Lok C/O Biltmore Properties, a nonprofit organization, is committed to providing housing and support services for elderly and handicapped individuals. Its primary mission is to offer decent, safe, and sanitary living spaces to this particular demographic, catering to various age groups, including those under 62, those between 62 and 81, and those above 82.

In pursuit of its mission, Hong Lok C/O Biltmore Properties operates a 42-unit HUD 202 PRAC multifamily housing community. This community serves as a home to 72 residents, offering them a sense of community and support. The organization employs a service coordinator who assists residents in obtaining a variety of social services and referrals. This coordinator plays a crucial role in ensuring the well-being of the residents, providing them with access to in-home healthcare services, home-delivered meals, food bank programs, and food distribution, among other essential services.

During the COVID-19 pandemic, Hong Lok C/O Biltmore Properties adapted its services to meet the unique challenges faced by its elderly residents. While some residents continued to be impacted by social isolation and quarantine, the organization focused on providing them with essential services such as technology support, transportation, emergency financial assistance, prescription delivery assistance, and entitlement programs. Resident activities and educational in-services also resumed, albeit with social distancing and mask-wearing measures in place.

In conclusion, Hong Lok C/O Biltmore Properties is dedicated to providing affordable housing and comprehensive support services to elderly and handicapped individuals. Its mission is to create a welcoming and supportive community where its residents can live with dignity and access the necessary resources to maintain their health and well-being. The organization's commitment to its residents is evident in its provision of essential services, its focus on their unique needs, and its adaptability in the face of challenges.

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Impact




October, 2024

Hong Lok C/O Biltmore Properties significantly impacts the community by providing affordable housing and essential support services to elderly and handicapped individuals in Phoenix, Arizona. Operating a 42-unit HUD 202 PRAC multifamily housing community, it offers a safe, decent, and sanitary living environment for a diverse range of residents, with ages spanning from under 62 to over 94.

The organization employs a service coordinator dedicated to assisting residents in accessing various social services and referrals. This support is particularly crucial, as many residents face challenges related to health, transportation, and food security, especially in the wake of the COVID-19 pandemic. With a focus on in-home healthcare services, meal delivery, and emergency financial aid, Hong Lok addresses the ongoing effects of social isolation that many residents have experienced.

In 2022, the organization began to resume regular activities, carefully implementing safety measures to ensure residents could safely engage in educational and social events. This not only helped combat feelings of isolation but also fostered a sense of community among residents. Overall, Hong Lok C/O Biltmore Properties plays a vital role in enhancing the quality of life for some of the most vulnerable populations, empowering them through housing stability and access to necessary support services.




This information is meant to be a general summary of Hong Lok C/O Biltmore Properties. 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
$292,294 (2022)
Expenses
$511,531 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$66,732
  • Program Service Revenue: $359,026
  • Gross Receipts: $359,074

Assets and Liabilities:

  • Total Assets: $3,882,330
  • Total Liabilities: $74,123
  • Net Assets: $3,808,207

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Programs

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

NET RENTAL INCOME

Revenue

$358,484

LAUNDRY AND VENDING

Revenue

$517

DAMAGES/CLEANING FEES

Revenue

$25

Organization Details

Founding Year

2008

Principal Officer

Cheak Yee

Main Address

2330 W MISSION LANE STE 10, PHOENIX, AZ, 85021

NTEE Category

Code: L11 - Housing

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