PHOENIX, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HONG NING SENIOR HOUSING CORPORATION, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $662K in total revenue in fiscal year 2023. The organization ran a surplus of $145K, a strong 22% operating margin.
TO PROVIDE LOW INCOME HOUSING AND SUPPORT SERVICES TO ELDERLY AND HANDICAPPED PERSONS.
IN 2023, 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...
IN 2023, 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 AND AFFORDABLE HOUSING TO 73 RESIDENTS: 1% BETWEEN THE AGES 18-61 (NON-ELDERLY, DISABLED); 60% BETWEEN THE AGES 62-81; AND 39% BETWEEN THE AGES 82-93. HONG NING HOUSE EMPLOYED A SERVICE COORDINATOR WHO PROVIDED RESOURCES OR ASSISTANCE TO RESIDENTS ON TOPICS INCLUDING: CASE MANAGEMENT, EMERGENCY FINANCIAL ASSISTANCE, HOME DELIVERED MEALS, FOOD BANK PROGRAMS, CRISIS INTERVENTION AND SUPPORTIVE COUNSELING, CITIZENSHIP, TRANSPORTATION, TRANSLATION, HEALTHCARE SERVICES, SOCIAL SECURITY AND MEDICARE, HOME MANAGEMENT, FAMILY SUPPORT AND PRESCRIPTION ASSISTANCE/DELIVERY. (CONT'D ON SCH O) THE SERVICE COORDINATOR SCHEDULED A VARIETY OF HEALTH AND WELLNESS PROGRAMS AND EVENTS, INCLUDING: VACCINE EVENTS, TAI CHI CLASSES, SENIOR FARMER MARKET NUTRITION PROGRAM, FARM EXPRESS MOBILE MARKET, MOBILE MEDICAL CLINIC, MEDICARE AND AHCCCS INQUIRY, FOOD BOX DELIVERY, FREE HAIRCUTS AND PHARMACY DELIVERY. RESIDENTS ENJOYED ARRANGING AND PARTICIPATING IN THEIR OWN ACTIVITIES, SUCH AS DAILY EXERCISE, GAMES, WALKING CLUB, AND SINGING GROUP.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $662,488 | $655,188 | +0.0% |
| Expenses | $517,727 | $471,719 | +0.1% |
| Net Income | $144,761 | $183,469 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LEUNG ENG | PRESIDENT | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| MAGGIE ENG | VICE PRESIDENT | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| DAMING WEN | TREASURER | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| YONG ZHOU TANG | SECRETARY (THRU 4/23) | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| XIANG SITU | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| LILY WOO | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $662,488 | $517,727 | $588,928 | $144,761 |
| 2022 | $655,188 | $471,719 | $664,395 | $183,469 |
| 2021 | $614,188 | $464,561 | $469,713 | $149,627 |
| 2020 | $573,394 | $493,504 | $447,715 | $79,890 |
| 2019 | $538,798 | $526,433 | $450,441 | $12,365 |
| 2018 | $544,721 | $548,961 | $488,703 | $-4,240 |
Compare HONG NING SENIOR HOUSING CORPORATION with other nonprofits in Arizona and across the country.