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Nonprofit · EIN 11-3373115

HOMECREST COMMUNITY SERVICES INC

Tax-exempt · BROOKLYN, NY 11229

Financials

$1.8M$1.6M2022$2.5M$2.3M2023$2.7M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of HOMECREST COMMUNITY SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,674,021$2,747,923-$73,902$1,492,115$542,231$949,884
June 30, 2024990$2,469,557$2,280,073$189,484$1,269,740$245,954$1,023,786
June 30, 2023990$1,754,456$1,643,796$110,660$1,194,328$227,495$966,833
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,560,624
of which government grants
$2,318,892
Program service revenue
$39,615
Investment income
$60
Net income from fundraising events
$60,062
Other revenue
$73,722

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$142,077
Other salaries and wages
$1,062,431
Salaries, compensation and benefits (total)
$1,415,372
Professional fundraising fees
$0
Accounting fees
$78,000
Occupancy
$464,673
Travel
$22,366
Program services (functional)
$2,338,926
Management and general (functional)
$267,142
Fundraising (functional)
$141,855

Balance sheet and other

Total assets, start of year
$1,269,740
Total assets, end of year
$1,492,115
Total liabilities, end of year
$542,231
Net assets, end of year
$949,884
Net assets without donor restrictions
$949,884
Gross receipts
$2,714,923
Employees
49
Year formed
1997
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Wai Yee ChanPresident & CEO
Officer
35$134,416
Gregory GongChairman
Trustee or director
1$0
Lana LeungTreasurer
Trustee or director
1$0
Joanna WuSecretary
Trustee or director
1$0
Toi Shu MuiBoard member
Trustee or director
1$0
Michael DongBoard member
Trustee or director
1$0
Jayson LamBoard member
Trustee or director
1$0
Kin NgBoard member
Trustee or director
1$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
Wai Yee ChanPresident & CEO
Officer
35$102,712
Michael DongVice Chair
Trustee or director
1$0
Kin NgBoard member
Trustee or director
1$0
Jayson LamBoard member
Trustee or director
1$0
Lana CheungTreasurer
Trustee or director
1$0
Gregory GongChairman
Trustee or director
1$0
Toi Shu MuiBoard member
Trustee or director
1$0
Joanna WuSecretary
Trustee or director
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
Wai Yee ChanExecutive Director
Trustee or director, Officer
35$84,432
Toi Shu MuiBoard member
Trustee or director
1$0
Michael DongBoard member
Trustee or director
1$0
Don LeeChairman
Trustee or director
5$0
Lana LeungTreasurer
Trustee or director
1$0
Gregory GongSecretart
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1413 AVENUE T, BROOKLYN, NY 11229-3317
In care of
% WAI YEE CHAN
Principal officer (990 for 2024)
Wai Yee Chan, 1413 Avenue T, Brooklyn, NY 11229
Signed the 990
WAI YEE CHAN, President & CEO
Phone
(718) 376-4036
Return prepared by
Paul Soobryan CPA PLLC

Mission

Provide social, education and cultural services to seniors in the community.

990 for the year ended June 30, 2025

Program accomplishments

  • Senior Services - provides a variety of educational, cultural and social services to senior citizens, children and families.
    Expenses $2,338,926

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-3373115
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P81)
Assets (IRS master file)
$1,492,115
Income (IRS master file)
$2,714,923

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,674,021$2,747,923$1,492,115XML
990June 2024$2,469,557$2,280,073$1,269,740XML
990June 2023$1,754,456$1,643,796$1,194,328XML
990June 2022$1,336,549$1,248,280$1,347,852IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3373115).

Questions about HOMECREST COMMUNITY SERVICES INC

What is the EIN of HOMECREST COMMUNITY SERVICES INC?
The employer identification number (EIN) of HOMECREST COMMUNITY SERVICES INC is 11-3373115.
Is HOMECREST COMMUNITY SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to HOMECREST COMMUNITY SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMECREST COMMUNITY SERVICES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOMECREST COMMUNITY SERVICES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOMECREST COMMUNITY SERVICES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOMECREST COMMUNITY SERVICES INC?
The 990 for the year ended June 30, 2025 names Wai Yee Chan.
Who are the officers and directors of HOMECREST COMMUNITY SERVICES INC?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $134,416 (Wai Yee Chan, President & CEO).
How much revenue does HOMECREST COMMUNITY SERVICES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,674,021, expenses of $2,747,923 and total assets of $1,492,115 at year end.

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