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Houston Chinese Senior Housing Corporation

Rainbow Village Ii

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

EIN: 760627206 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Houston Chinese Senior Housing Corporation?

Houston Chinese Senior Housing Corporation, operating under the name "Rainbow Village II," is a nonprofit organization based in Houston, Texas. Situated at 6338 Corporate Drive, they specialize in providing housing solutions for the elderly through a program funded by the HUD. Their primary mission is to offer 68 units of senior housing, ensuring all related services align with this objective. With a team of four dedicated employees, the corporation strives to improve the living conditions and support system for elderly individuals in the community.

Is Houston Chinese Senior Housing Corporation legitimate?

Houston Chinese Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston Chinese Senior Housing Corporation 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: $86,106

For more financial information, click here

What is the mission statement of Houston Chinese Senior Housing Corporation?

The Houston Chinese Senior Housing Corporation's mission is centered around providing housing for the elderly. They accomplish this through a program supported by the HUD (Housing and Urban Development). Specifically, they offer 68 housing units designed for senior citizens. All of their activities are directly connected to this primary objective, aiming to enhance the living conditions and security of the elderly population.

Who is the CEO of Houston Chinese Senior Housing Corporation?

Alice Hung is the Chairman of Houston Chinese Senior Housing Corporation.

What is the revenue of Houston Chinese Senior Housing Corporation?

Houston Chinese Senior Housing Corporation's revenue in 2022 was $337,693.

Who are the executives of Houston Chinese Senior Housing Corporation and what are their salaries?

The average compensation at Houston Chinese Senior Housing Corporation during 2022 was $21,526. There are 4 employees at Houston Chinese Senior Housing Corporation.


Here are 4 key members and their salaries:


Don Wang (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Hung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Onne B Jeu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Tien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Houston Chinese Senior Housing Corporation?

Houston Chinese Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Houston Chinese Senior Housing Corporation

Houston Chinese Senior Housing Corporation is dedicated to providing housing solutions for the elderly community. Through a HUD-assisted program, this nonprofit organization offers 68 housing units specifically designed for the elderly population. All their services and activities are centered around this primary objective, ensuring that they remain committed to their mission of providing a suitable living environment for the elderly.

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Impact




October, 2024

Houston Chinese Senior Housing Corporation significantly impacts the community by providing 68 housing units specifically designed for the elderly through a HUD-assisted program. This initiative addresses the critical need for affordable and accessible housing options for seniors, ensuring they have a safe and suitable place to live. By focusing on the housing needs of the elderly, the organization fosters a supportive environment that enhances the quality of life for seniors in Houston, particularly within the Chinese community. The availability of these housing units not only helps alleviate financial burdens but also contributes to the overall well-being and independence of older adults, allowing them to remain engaged and integrated within the community.




This information is meant to be a general summary of Houston Chinese Senior Housing Corporation. 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
$337,693 (2022)
Expenses
$508,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $127
  • Program Service Revenue: $337,566
  • Gross Receipts: $337,693

Assets and Liabilities:

  • Total Assets: $2,489,840
  • Total Liabilities: $19,435
  • Net Assets: $2,470,405

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$171,834

TENANT RENT

Revenue

$165,732

Organization Details

Founding Year

2000

Principal Officer

Alice Hung

Main Address

6338 CORPORATE DRIVE, HOUSTON, TX, 77036

NTEE Category

Code: L21 - Housing

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