Hong Lok
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE HOUSING AND SUPPORT SERVICES FOR ELDERLY AND HANDICAPPED PERSONS.
- Income
- $400,103
- Spending
- $496,458
- Spent on programs
- 87%
- Reserves
- 8.1 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 7
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 74% of charities in its peer group (housing, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 8.1 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
0 of 15Spending exceeded income by 24% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1587% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $431,497 spent. THIS ORGANIZATION PROVIDED AFFORDABLE HOUSING TO ELDERLY PERSONS THROUGH THE OPERATION OF A 42-UNIT HUD 202 PRAC MULTIFAMILY HOUSING COMMUNITY IN PHOENIX, ARIZONA. IN 2024, THE ORGANIZATION PROVIDED DECENT AND SAFE HOUSING TO 65 RESIDENTS: 74% BETWEEN THE AGES 62-81, 31% BETWEEN THE AGES 82-93, AND 4% AGES 94+. HONG LOK EMPLOYED A SERVICE COORDINATOR WHO ASSISTED RESIDENTS WITH OBTAINING A VARIETY OF SOCIAL SERVICES AND REFERRALS, SUCH AS: ADVOCACY, ASSESSMENTS, CASE MANAGEMENT, BENEFITS AND ENTITLEMENTS (IE. SOCIAL SECURITY AND MEDICARE), TRANSLATION, TRANSPORTATION, CONFLICT RESOLUTION, HEALTHCARE SERVICES, COMPUTERS AND TECHNOLOGY, AND EMERGENCY FINANCIAL ASSISTANCE. EDUCATIONAL IN-SERVICES AND HEALTH AND WELLNESS ACTIVITIES WERE(CONTINUED ON SCHEDULE O)SCHEDULED EACH MONTH BY THE SERVICE COORDINATOR, IN ADDITION TO OTHER ACTIVITIES PLANNED BY THE RESIDENT COUNCIL. RESIDENTS WERE ABLE TO RECEIVE ADDITIONAL SOCIAL SERVICES PROVIDED BY THE NEAR-BY SENIOR CENTER.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.