Overview
What is On Lok House Inc?
On Lok House Inc is a nonprofit organization that provides housing solutions for frail, low-income, elderly individuals. Situated within a facility, they offer 54 studio units to cater to their resident's needs. The organization's primary focus is on ensuring the overall well-being of its residents through various programs and services. This nonprofit organization plays a significant role in providing essential housing and support for the elderly community, contributing to their livelihood and quality of life.
Official website here: www.onlok.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
On Lok House Inc has received an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial health. This score is primarily based on its accountability and finance, which contributes entirely to its overall rating. The organization scored particularly well in several areas, including its majority independent board members and its robust financial oversight measures.
Strengths of On Lok House Inc include its high program expense ratio of 93.76%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the charity has established comprehensive policies, such as a conflict of interest policy and a whistleblower policy, which enhance its operational transparency and governance practices.
While the organization shows strong performance metrics, the rating reflects only its accountability and finance aspects. There is no commentary on program effectiveness or community impact, which could provide a more rounded view of its overall efficacy in fulfilling its mission. Nonetheless, the available data suggest that On Lok House Inc operates with a commendable degree of integrity and responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is On Lok House Inc legitimate?
On Lok House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. On Lok House Inc 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: $0
For more financial information, click here
Official website here: www.onlok.org
What is the mission statement of On Lok House Inc?
On Lok House Inc, as a mission, is dedicated to providing housing for frail, low-income elderly individuals. They achieve this by operating a facility equipped with 54 studio units and offering programs and services that prioritize the well-being of its residents. This non-profit organization aims to ensure a comfortable and supportive living environment for its elderly population. The programs and services provided are designed to enhance their quality of life and promote their overall health and wellness.
Official website here: www.onlok.org
Who is the CEO of On Lok House Inc?
Grace Li is the CEO of On Lok House Inc The CEO's salary of On Lok House Inc is $0 and their total compensation is $694,085.
Official website here: www.onlok.org
What is the revenue of On Lok House Inc?
On Lok House Inc's revenue in 2024 was $1,590,552.
Official website here: www.onlok.org
Who are the executives of On Lok House Inc and what are their salaries?
There 4 volunteers at On Lok House Inc.
Here are 6 key members and their salaries (On Lok House Inc's CEO's salary is $0 and their total compensation is $694,085):
- Compensation: $0
- Related: $661,573
- Other: $32,512
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $164,616
- Other: $0
Official website here: www.onlok.org
Where can I find the form 990 for On Lok House Inc?
On Lok House Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.onlok.org
Learn more at the official website: www.onlok.org
Mission Statement of On Lok House Inc
On Lok House Inc, a nonprofit organization, is dedicated to providing housing and support for frail, low-income, elderly individuals. The mission of On Lok House is to operate a facility that includes 54 studio units, offering a home for this vulnerable population. Beyond simply providing housing, On Lok House ensures the well-being of its residents through various programs and services. These offerings are designed to cater to the unique needs of the elderly, ensuring they live comfortably and securely.
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Impact
July, 2024
On Lok House Inc provides vital housing for frail, low-income, elderly individuals in San Francisco, California. By offering 54 studio units and comprehensive programs and services, On Lok House ensures the well-being of its residents. This impact is significant as it directly addresses the housing needs of a vulnerable population, providing them with a safe and supportive environment in which to live. Through its work, On Lok House plays a crucial role in enhancing the quality of life for elderly individuals who may otherwise struggle to find suitable and affordable housing options.
This information is meant to be a general summary of On Lok House Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,174
- Program Service Revenue: $586,711
- Gross Receipts: $1,590,552
Assets and Liabilities:
- Total Assets: $7,047,221
- Total Liabilities: $8,325,136
- Net Assets: -$1,277,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL REVENUE
Revenue
$309,513
RENTAL REV-RELATED ORG
Revenue
$277,198
Organization Details
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