2023-09-12T11:25:08-05:00 2022-12-31 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2022-01-01 860511863 HONG NING SENIOR HOUSING CORPORATION HONG 6029970013 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 LEUNG ENG PRESIDENT 6029970013 2023-08-24 1 LEUNG ENG 999009999 1 BRENDA ANN BLUNT P00075126 4803151040 2023-08-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEUNG ENG 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 655188 0 X N/A X 1985 AZ TO PROVIDE LOW INCOME HOUSING AND SUPPORT SERVICES TO ELDERLY AND HANDICAPPED PERSONS. 6 6 0 6 0 0 0 16500 614180 638600 8 88 0 0 614188 655188 0 0 0 0 139518 104762 0 0 0 325043 366957 464561 471719 149627 183469 469713 664395 984079 995292 -514366 -330897 X TO PROVIDE LOW INCOME HOUSING AND SUPPORT SERVICES TO ELDERLY AND HANDICAPPED PERSONS. 0 0 396086 638600 THIS ORGANIZATION PROVIDED HOUSING TO THE ELDERLY AND PERSONS WITH DISABILITIES THROUGH THE OPERATION OF A 58-UNIT HUD 202 MULTIFAMILY HOUSING COMMUNITY IN PHOENIX, ARIZONA. THE ORGANIZATION PROVIDED DECENT, SAFE, SANITARY AND AFFORDABLE HOUSING TO 73 RESIDENTS: 3% BETWEEN THE AGES 18-61 (NON-ELDERLY, DISABLED); 55% BETWEEN THE AGES 62-81; 37% BETWEEN THE AGES 82-93; AND 5% AGES 94 AND OVER. HONG NING HOUSE EMPLOYS A SERVICE COORDINATOR WHO ASSISTED RESIDENTS WITH OBTAINING A VARIETY OF SOCIAL SERVICES AND REFERRALS. IN 2022, THIS COMMUNITY SLOWLY RESUMED REGULAR ACTIVITIES AFTER THE COVID-19 PANDEMIC HAD LIMITED SOCIAL ACTIVITIES AND COMMUNITY EVENTS. WHILE RESIDENTS DEALT WITH THE LINGERING EFFECTS OF SOCIAL ISOLATION AND QUARANTINE, MANY OF THE REFERRAL SERVICES PROVIDED BY THE SERVICE (CONT'D ON SCH O) COORDINATOR FOCUSED ON CASE MANAGEMENT, HOME DELIVERED MEALS, FOOD BANK PROGRAMS, ISOLATION INTERVENTION, CRISIS INTERVENTION, TRANSPORTATION, HEALTHCARE SERVICES, SOCIAL SECURITY AND MEDICARE, AND PRESCRIPTION ASSISTANCE/DELIVERY. 396086 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 1 1 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X NANCY BILLS - BILTMORE PROPERTIES 6029970013 2330 WEST MISSION LANE SUITE 10 PHOENIX AZ 85021 X LEUNG ENG PRESIDENT 0.30 X X 0 0 0 MAGGIE ENG VICE PRESIDENT 0.10 X X 0 0 0 DAMING WEN TREASURER 0.10 X X 0 0 0 YONG ZHOU TANG SECRETARY 0.10 X X 0 0 0 XIANG SITU DIRECTOR 0.10 X 0 0 0 LILY WOO DIRECTOR 0.10 X 0 0 0 0 0 0 0 0 0 0 0 16500 16500 NET RENTAL INCOME 623990 637970 637970 LAUNDRY 812300 555 555 TENANT CHARGES 623990 75 75 638600 88 88 655188 638600 0 88 76481 73354 3127 19777 18968 809 8504 8156 348 30624 30624 382 382 16734 16734 34419 34419 805 805 19948 19948 2803 2803 78667 78667 352 352 506 506 79972 79972 23428 23428 15716 15716 MAINTENANCE AND REPAIR 36904 36904 TAXES, LICENSES AND FEE 25367 25367 MISCELLANEOUS 330 330 471719 396086 75633 0 55644 74481 501 37002 7088 8460 2497837 2063262 318633 434575 87847 109877 469713 664395 31933 139873 3884 1990 9737 10157 919510 816617 19015 26655 984079 995292 X -514366 -330897 -514366 -330897 469713 664395 183469 0 X 0 1 X 0 1 1 X 5278 16500 21778 544692 533490 573379 614180 638600 2904341 544692 538768 573379 614180 655100 2926119 16840 9870 10850 11318 11731 60609 208832 236213 284833 251456 244880 1226214 225672 246083 295683 262774 256611 1286823 1639296 29 30 15 8 88 170 29 30 15 8 88 170 544721 538798 573394 614188 655188 2926289 0.56020 0.55620 0.00010 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 249988 249988 2146084 1962816 183268 78965 77646 1319 22800 22800 0 434575 TENANT DEPOSITS HELD IN TRUST 14051 ESCROW DEPOSITS 1894 REPLACEMENT RESERVE 58208 UTILITY DEPOSITS 2500 RESIDUAL RECEIPTS 22154 VOLUNTARY COMPLIANCE AGREEMENT RESERVE 11070 109877 ADVANCES BY SPONSOR 19015 RESIDUAL RECEIPTS RECAPTURE 7640 26655 X 678804 23616 23616 655188 0 655188 495335 23616 23616 471719 0 471719 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT DEPOSITS IN TRUST. THE AMOUNTS HELD FOR RESIDENTS ARE REPORTED ON FORM 990, PART X, LINES 15 AND 21. PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINSTRATIVE RENT 23,616. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINSTRATIVE RENT 23,616. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 141954 MANAGEMENT FEES AND EXPENSE REIMBURSEMENTS 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS LEUNG ENG AND MAGGIE ENG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF THE ORGANIZATION HAS AGREED THAT ALL MANAGEMENT SERVICES AND OVERSIGHT OF THE ORGANIZATION SHALL BE DONE BY BILTMORE PROPERTIES, INC. BILTMORE PROPERTIES, INC. HAS AGREED TO MANAGE ALL RENTAL OPERATIONS FOR A SPECIFIC FEE PER MONTH. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO PROVIDE THAT MEMBERSHIP IN THE CORPORATION IS LIMITED TO INDIVIDUALS APPROVED BY A UNANIMOUS VOTE OF THE EXISTING BOARD OF DIRECTORS. PRIOR TO AMENDMENT, MEMBERSHIP IN THE CORPORATION WAS COMPRISED OF INDIVIDUALS WHO WERE EITHER MEMBERS OF THE PHOENIX CHINESE SENIOR CITIZENS ASSOCIATION ("SPONSOR") OR NON-MEMBERS OF THE BOARD OF DIRECTOR'S OF THE SPONSOR WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SPONSOR FORM 990, PART VI, SECTION A, LINE 7A UNTIL APRIL 5, 2022, MEMBERSHIP IN THE CORPORATION WAS COMPRISED OF INDIVIDUALS WHO WERE EITHER MEMBERS OF THE PHOENIX CHINESE SENIOR CITIZENS ASSOCIATION ("SPONSOR") OR NON-MEMBERS OF THE BOARD OF DIRECTOR'S OF THE SPONSOR WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SPONSOR. STARTING ON APRIL 5, 2022, MEMBERSHIP IN THE CORPORATION WAS LIMITED TO INDIVIDUALS APPROVED BY A UNANIMOUS VOTE OF THE EXISTING BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SO LONG AS A DEED OF TRUST ON THE PROPERTY IS HELD BY THE US SECRETARY OF HOUSING AND URBAN DEVELOPMENT, THE ARTICLES OF INCORPORATION MAY NOT BE AMENDED WITHOUT THE PRIOR APPROVAL OF SAID SECRETARY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO OTHER COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BILTMORE PROPERTIES FOR THE INITIAL REVIEW. ONCE THE FORM 990 IS IN FINAL DRAFT, A COPY WILL BE PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. AT EACH BOARD MEETING, NEW VENDORS AND EXPENDITURES ARE CONSIDERED FOR CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST DOES ARISE, THE CONFLICT WOULD BE REVIEWED BY THE BOARD AND CONSIDERED FOR A DECISION. IF A CONFLICT OF INTEREST ARISES FOR A BOARD MEMBER, THE BOARD MEMBER MUST REFRAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 AS THE ORGANIZATION DOES NOT HAVE A TOP MANAGEMENT OFFICIAL AND DOES NOT COMPENSATE INDIVIDUALS SERVING AS OFFICERS, THE BOARD DOES NOT HAVE A PROCESS FOR APPROVING COMPENSATION. THE BOARD DOES HAVE A PROCESS FOR ENGAGING A MANAGEMENT COMPANY TO OVERSEE THE OPERATIONS OF THE ORGANIZATION. THIS PROCESS INCLUDES EVALUATION AND APPROVAL OF A MANAGEMENT COMPANY THAT WILL MEET THE NEEDS OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE RATES TO BE PAID TO THE MANAGEMENT COMPANY AND THE TIME PERIOD OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART V, LINE 2A EMPLOYEES ARE EMPLOYED BY AN OUTSIDE AGENCY. NO FEDERAL AND STATE PAYROLL REPORTING IS DONE BY THE ORGANIZATION. PHOENIX CHINESE SENIOR CITIZENS ASSOCIATION 734 W ELM STREET PHOENIX AZ 85013 860369173 PROVIDE SOCIAL, RECREATIONAL, HEALTH AND EDUCATIONAL SERVICES AZ 501(C)(3) LINE 7 N/A 0 HONG LOK 2330 W MISSION LANE STE 10 PHOENIX AZ 85021 320255598 SENIOR HOUSING AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0