Civic Intelligence

Ti-Hwa Foundation

990 • Fiscal year 2021 • EIN 82-1197136

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 03, 2022

Organization ProfileN/A
801 Pennsylvania Ave NW 1024Washington, DC 20004

(202) 438-4772

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.53x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

3.69x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

16th percentile

-9.5%

Higher net margin than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

28th percentile

0.3%

Faster asset growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-0.7%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$2,008,024

Up $6,103 (+0.3%) from 2020

Net Assets

Up

$951,686

Up $18,311 (+2.0%) from 2020

Liabilities

Down

$1,056,338

Down $12,208 (-1.1%) from 2020

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin16th percentile

Revenue

Down

$286,407

Down $2,101 (-0.7%) from 2020

Expenses

Down

$313,544

Down $12,938 (-4.0%) from 2020

Net Income

Up

-$27,137

Up $10,837 (+29%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2017: $938,430Liabilities 2017: $0Net Assets 2017: $938,4302017Assets 2018: $958,164Liabilities 2018: $9,444Net Assets 2018: $948,7202018Assets 2019: $2,050,305Liabilities 2019: $1,087,310Net Assets 2019: $962,9952019Assets 2020: $2,001,921Liabilities 2020: $1,068,546Net Assets 2020: $933,3752020Assets 2021: $2,008,024Liabilities 2021: $1,056,338Net Assets 2021: $951,6862021Assets 2022: $1,895,428Liabilities 2022: $1,006,735Net Assets 2022: $888,6932022Assets 2023: $1,816,082Liabilities 2023: $1,035,396Net Assets 2023: $780,6862023Assets 2024: $1,772,729Liabilities 2024: $992,315Net Assets 2024: $780,4142024

Highlighted filing

2021

Assets$2,008,024
Liabilities$1,056,338
Net Assets$951,686
Open 2021 Filing

Operations Trend

Revenue Growth31st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,000,236Expenses 2017: $61,806Net Income 2017: $938,4302017Revenue 2018: $104,112Expenses 2018: $93,822Net Income 2018: $10,2902018Revenue 2019: $211,854Expenses 2019: $237,579Net Income 2019: -$25,7252019Revenue 2020: $288,508Expenses 2020: $326,482Net Income 2020: -$37,9742020Revenue 2021: $286,407Expenses 2021: $313,544Net Income 2021: -$27,1372021Revenue 2022: $281,653Expenses 2022: $349,670Net Income 2022: -$68,0172022Revenue 2023: $308,771Expenses 2023: $439,612Net Income 2023: -$130,8412023Revenue 2024: $307,643Expenses 2024: $396,117Net Income 2024: -$88,4742024

Highlighted filing

2021

Revenue$286,407
Expenses$313,544
Net Income-$27,137
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 3, 2022
Return Version
2021v4.0
Gross Receipts
$506,886
Mission and Program Overview

Mission

Ti-hwa foundation is a not-for-profit corporation formed to provide affordable housing to those that need it most. The corporation receives housing assistance payments from the u.s. Department of housing and urban development (hud) pursuant to section 8 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,579,688$1,542,177▼ $37,511
Rtn Earn Endowment Incm Other Fnds$933,375$951,686▲ $18,311
Investments in Publicly Traded Securities$155,589$179,806▲ $24,217
Cash and Non-Interest-Bearing Accounts$161,827$96,086▼ $65,741
Accounts Receivable$25,000$95,000▲ $70,000
Savings and Temporary Cash Investments$56,694$75,011▲ $18,317
Intangible Assets$10,863$7,684▼ $3,179
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,001,921$2,008,024▲ $6,103
Other Assets Total$12,260$12,260→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,052,084$1,013,783▼ $38,301
Accounts Payable and Accrued Expenses$5,785$31,491▲ $25,706
Other Liabilities$10,677$11,064▲ $387
Total Liabilities$1,068,546$1,056,338▼ $12,208
Net Assets / Fund Balance
Total Net Assets Fund Balance$933,375$951,686▲ $18,311
Total Liabilities and Net Assets / Fund Balance$2,001,921$2,008,024▲ $6,103

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,385,907$113,124$1,499,031
Land$156,270-$156,270
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Yeni WongPresident
Jeanny HoBoard Member
Curt HansenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$278,895
Investment Income
$7,512
Other Revenue
$0
Change in Net Assets
$-27,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,526
Grants and Similar Amounts Paid$8,018
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$53,657--$53,657
Depreciation Depletion$37,511--$37,511
Fees for Services Management-$22,871-$22,871
All Other Expenses$17,379$4,576-$21,955
Fees for Services Accounting-$17,113-$17,113
Office Expenses$14,772--$14,772
Other Expenses$14,764$15,000-$14,764
Insurance$12,117--$12,117
Grants to Domestic Orgs$8,018--$8,018
Fees for Service Investment Mgmnt Fees-$3,300-$3,300
Fees for Services Legal-$2,038-$2,038
Advertising$188--$188
Total Functional Expenses$248,646$64,898$0$313,544
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$11,064
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The members are yeni wong (managing member) and 618 H Partnership LLC”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The tax preparer sends a draft of the return to the management who forwards a copy of the return to each board member for their comments prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“each officer and director is required to annually disclose interests that could give rise to conflicts at a board meeting. If an item of conflict comes to surface, the board discusses and votes on it before awarding any contracts.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The form 990 and all related financial and policy information are made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
TI-HWA Foundation
EIN
82-1197136
Phone
2024384772
Address
801 Pennsylvania Ave NW 1024, Washington, DC 20004

Signing Officer

Name
Yeni Wong
Title
President
Signed
2022-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Gordon Stockman & Waugh PC
Address
8726 N Industrial Rd, Peoria, IL 61615
Preparer
Andrew Ryon CPA
Phone
3096924030
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the corporation to report information regarding its exposure to various tax positions taken by the corporation. The corporation has determined whether any tax positions have met the recognition threshold and has measure the corporation's exposure to those tax positions. management belies that the corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. any interest or penalties assessed to the corporation are recorded in operating expenses. no interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

Raw XML AppendixShowing 400 of 454 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05785
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031491
IRS990/AccountsReceivableGrp/BOYAmt025000
IRS990/AccountsReceivableGrp/EOYAmt095000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TI-HWA FOUNDATION IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE AFFORDABLE HOUSING TO THOSE THAT NEED IT MOST. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 8 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/AdvertisingGrp/ProgramServicesAmt0188
IRS990/AdvertisingGrp/TotalAmt0188
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04576
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017379
IRS990/AllOtherExpensesGrp/TotalAmt021955
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Linky Liu
IRS990/BooksInCareOfDetail/PhoneNum02024384772
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0801 Pennsylvania Ave NW 1024
IRS990/BooksInCareOfDetail/USAddress/CityNm0Washington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020004
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0161827
IRS990/CashNonInterestBearingGrp/EOYAmt096086
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt08018
IRS990/CYInvestmentIncomeAmt07512
IRS990/CYOtherExpensesAmt0305526
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0278895
IRS990/CYRevenuesLessExpensesAmt0-27137
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0313544
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0286407
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037511
IRS990/DepreciationDepletionGrp/TotalAmt037511
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING TO THOSE THAT NEED IT MOST. THE CORPORATION RECEIVES HOUSING ASSIsTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 8 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0248646
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017113
IRS990/FeesForServicesAccountingGrp/TotalAmt017113
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02038
IRS990/FeesForServicesLegalGrp/TotalAmt02038
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt022871
IRS990/FeesForServicesManagementGrp/TotalAmt022871
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03300
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03300
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0YENI WONG
IRS990/Form990PartVIISectionAGrp/PersonNm1JEANNY HO
IRS990/Form990PartVIISectionAGrp/PersonNm2CURT HANSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt05260
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt08018
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08018
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0225739
IRS990/GrossReceiptsAmt0506886
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt012117
IRS990/InsuranceGrp/TotalAmt012117
IRS990/IntangibleAssetsGrp/BOYAmt010863
IRS990/IntangibleAssetsGrp/EOYAmt07684
IRS990/InterestGrp/ProgramServicesAmt053657
IRS990/InterestGrp/TotalAmt053657
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02252
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02252
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0155589
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0179806
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0113124
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01579688
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01542177
IRS990/LandBldgEquipCostOrOtherBssAmt01655301
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0220479
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TI-HWA FOUNDATION IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE AFFORDABLE HOUSING TO THOSE THAT NEED IT MOST. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 8 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01052084
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01013783
IRS990/NetAssetsOrFundBalancesBOYAmt0933375
IRS990/NetAssetsOrFundBalancesEOYAmt0951686
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt05260
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05260
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt045448
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt014772
IRS990/OfficeExpensesGrp/TotalAmt014772
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012260
IRS990/OtherAssetsTotalGrp/EOYAmt012260
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2Office REntal
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015000
IRS990/OtherExpensesGrp/ProgramServicesAmt065870
IRS990/OtherExpensesGrp/ProgramServicesAmt124370
IRS990/OtherExpensesGrp/ProgramServicesAmt214764
IRS990/OtherExpensesGrp/TotalAmt065870
IRS990/OtherExpensesGrp/TotalAmt124370
IRS990/OtherExpensesGrp/TotalAmt215000
IRS990/OtherExpensesGrp/TotalAmt314764
IRS990/OtherLiabilitiesGrp/BOYAmt010677
IRS990/OtherLiabilitiesGrp/EOYAmt011064
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0ancillary income
IRS990/ProgramServiceRevenueGrp/Desc1rental income
IRS990/ProgramServiceRevenueGrp/Desc2section 8 subsidy
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03534
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt191074
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2184287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03534
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2184287
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt01706
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0276482
IRS990/PYOtherRevenueAmt04366
IRS990/PYProgramServiceRevenueAmt0282436
IRS990/PYRevenuesLessExpensesAmt0-37974
IRS990/PYTotalExpensesAmt0326482
IRS990/PYTotalRevenueAmt0288508
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-27137
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0278895
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0933375
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0951686
IRS990/SavingsAndTempCashInvstGrp/BOYAmt056694
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01000000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01000000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07512
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06396
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06934
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0236
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt027150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0278895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0282436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0205458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt097178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0863967
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07512
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06396
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06934
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0236
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt027150
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01863967
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0278895
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0282436
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0205458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt097178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01000000
IRS990ScheduleA/Total509Grp/TotalAmt01863967
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0286407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0288508
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0211854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0104112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01000236
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01891117
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01385907
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0113124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01499031
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0156270
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0156270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the corporation to report information regarding its exposure to various tax positions taken by the corporation. The corporation has determined whether any tax positions have met the recognition threshold and has measure the corporation's exposure to those tax positions. management belies that the corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. any interest or penalties assessed to the corporation are recorded in operating expenses. no interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01542177
IRS990ScheduleD/TotalLiabilityAmt011064
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members are yeni wong (managing member) and 618 H Partnership LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax preparer sends a draft of the return to the management who forwards a copy of the return to each board member for their comments prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2each officer and director is required to annually disclose interests that could give rise to conflicts at a board meeting. If an item of conflict comes to surface, the board discusses and votes on it before awarding any contracts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 and all related financial and policy information are made available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TI-HWA Foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1TI-HWA Foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0211 Ann St LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1621 N Ridge Avenue LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0822588552
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1284520591
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0553406
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11056822
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Low income housing
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Low Income housing
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0106041
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1172854
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0801 Penn Ave NW Suite 1024
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1801 Penn Ave NW Suite 1024
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Washington
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1Washington
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1DC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd020004
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd120004
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02001921
IRS990/TotalAssetsEOYAmt02008024
IRS990/TotalAssetsGrp/BOYAmt02001921
IRS990/TotalAssetsGrp/EOYAmt02008024
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064898
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0248646
IRS990/TotalFunctionalExpensesGrp/TotalAmt0313544
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01068546
IRS990/TotalLiabilitiesEOYAmt01056338
IRS990/TotalLiabilitiesGrp/BOYAmt01068546
IRS990/TotalLiabilitiesGrp/EOYAmt01056338

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,008,024
Liabilities
$1,056,338
Net assets
$951,686
Revenue
$286,407
Expenses
$313,544
Net income
-$27,137
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.99$0.78$0.31$0.40$0.09
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$1.04$0.78$0.31$0.44$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.90$1.01$0.89$0.28$0.35$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.01$1.06$0.95$0.29$0.31$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.00$1.07$0.93$0.29$0.33$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.05$1.09$0.96$0.21$0.24$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.10$0.09$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.00$0.06$0.94