Skip to main content

Nonprofit · EIN 94-2796496

INDOCHINESE HOUSING DEVELOPMENT CORPORATION

Tax-exempt · SAN FRANCISCO, CA 94102

Financials

$1.2M$1.4M2022$1.5M$1.4M2023$1.3M$1.3M2024$1M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of INDOCHINESE HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,042,468$1,248,715-$206,247$3,783,103$4,666,510-$883,407
December 31, 2024990$1,306,299$1,335,322-$29,023$3,800,432$4,577,742-$777,310
December 31, 2023990$1,544,963$1,431,555$113,408$3,727,879$4,540,277-$812,398
December 31, 2022990$1,173,740$1,350,213-$176,473$3,520,746$4,454,753-$934,007
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,032,151
Investment income
$10,317
Net gain from sales of assets
-$49,364
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$100,698
Other salaries and wages
$151,044
Salaries, compensation and benefits (total)
$383,910
Professional fundraising fees
$0
Accounting fees
$45,343
Depreciation
$70,395
Program services (functional)
$1,132,255
Management and general (functional)
$116,459

Balance sheet and other

Total assets, start of year
$3,800,432
Total assets, end of year
$3,783,103
Total liabilities, end of year
$4,666,510
Net assets, end of year
-$883,407
Land, buildings and equipment
$1,836,730
Publicly traded securities
$1,948,076
Net assets without donor restrictions
-$1,560,432
Net assets with donor restrictions
$677,025
Gross receipts
$1,091,832
Employees
9
Year formed
1981
State of legal domicile
CA

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WAI LAExecutive Dir.
Officer
40$60,278
Mony ThachExecutive Dir.40$40,420
Tinara ChoingTreasurer
Trustee or director, Officer
4$0
DIN HODirector
Trustee or director
1$0
THEARY LENDirector
Trustee or director
1$0
FANG WEN LIAODirector
Trustee or director
1$0
JENNY CHEA VAINGChairman
Trustee or director
1$0
TEVEA HIM SAUNDERSDirector
Trustee or director
1$0
YULIANTY TJONGDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
TOM HEATHExecutive Dir.40$61,398
Mony ThachExecutive Dir.
Trustee or director, Officer
40$0
Tinara ChoingTreasurer
Trustee or director, Officer
4$0
DIN HODirector
Trustee or director
1$0
THEARY LENDirector
Trustee or director
1$0
FANG WEN LIAODirector
Trustee or director
1$0
JENNY CHEA VAINGDirector
Trustee or director
1$0
TEVEA HIM SAUNDERSDirector
Trustee or director
1$0
YULIANTY TJONGDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DEAN OSHIDAExecutive Dir.40$37,191
TOM HEATHExecutive Dir.
Officer
40$34,692
VICTOR SEETOTreasurer
Trustee or director, Officer
4$0
DIN HODirector
Trustee or director
1$0
LOAN LYDirector
Trustee or director
1$0
FANG WEN LIAODirector
Trustee or director
1$0
PHI SUIDirector
Trustee or director
1$0
SREY HENGDirector
Trustee or director
1$0
NANCY ONGDirector
Trustee or director
1$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
DEAN OSHIDAExecutive Dir.
Officer
40$82,570
VICTOR SEETOTreasurer
Trustee or director, Officer
4$0
DIN HODirector
Trustee or director
1$0
LOAN LYDirector
Trustee or director
1$0
FANG WEN LIAODirector
Trustee or director
1$0
PHI SUIDirector
Trustee or director
1$0
SREY HENGDirector
Trustee or director
1$0
NANCY ONGDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
340 EDDY ST STE 100, SAN FRANCISCO, CA 94102-2631
Principal officer (990 for 2025)
WAI LA, 340 EDDY STREET 100, SAN FRANCISCO, CA 94102
Signed the 990
WAI LA, Executive Dir.
Phone
(415) 441-2872
Return prepared by
Kevin Lam CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 94-2796496 or by the name INDOCHINESE HOUSING DEVELOPMENT CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE INDOCHINESE HOUSING DEVELOPMENT CORPORATION (IHDC) IS A NON-PROFIT PUBLICBENEFIT CORPORATION, INCORPORATED IN CALIFORNIA IN 1981. THE MISSION OF IHDC IS TOHELP CREATE A VIBRANT AND DIGNIFIED COMMUNITY THROUGH THE PURCHASE, RENOVATION,MAINTENANCE AND MANAGEMENT OF SAFE, COMFORTABLE AND AFFORDABLE HOUSING. TO FOSTERCOMMUNITY SPIRIT, IHDC SEEKS TO: (1) ENCOURAGE PARTICIPATION, EMPOWERMENT ANDINDEPENDENCE IN THE LIVES OF ALL ASSOCIATED WITH THEM; (2) ORGANIZE IHDC ACTIVITIESUNDER TENANT PRIORITIES, DIRECTION AND INVOLVEMENT; AND (3) PROMOTE INDIGENOUSLEADERSHIP. IHDC PROVIDES HOUSING FOR RESIDENTS OF THE TENDERLOIN NEIGHBORHOOD OFSAN FRANCISCO WHOSE INCOMES ARE BELOW THE MEDIAN INCOME FOR THE SAN FRANCISCO AREA.IHDC SERVES PRIMARILY THE SOUTHEAST ASIAN IMMIGRANT COMMUNITY. OVER THE YEARS IHDCPROGRAMS HAVE DEVELOPED IN RESPONSE TO THE NEEDS OF THE RESIDENTS AND THE COMMUNITY.IHDC OFFERS A NUMBER OF PROGRAMS FOR ALL AGES.

990 for the year ended December 31, 2025

Program accomplishments

  • IHDC OWNS AND OPERATE TWO APARTMENT BUILDINGS IN SAN FRANCISCO: AN 82 UNIT BUILDINGAND A 35 UNIT BUILDING. THE BUILDINGS WERE FINANCED BY A COMBINATION OF FOUNDATIONLOANS, PRIVATE FINANCING AND COMMUNITY DEVELOPMENT BLOCK GRANT SITE ACQUISITIONFUNDS. IHDC PROVIDES HOUSING FOR RESIDENTS OF THE TENDERLOIN NEIGHBORHOOD OF SANFRANCISCO WHOSE INCOMES ARE BELOW THE MEDIAN INCOME FOR THE SAN FRANCISCO AREA. IHDCSERVES PRIMARILY THE SOUTHEAST ASIAN IMMIGRANT COMMUNITY. TO FOSTER COMMUNITY SPIRIT,IHDC SEEKS TO ENCOURAGE PARTICIPATION, EMPOWERMENT AND INDEPENDENCE IN THE LIVES OF ALL ASSOCIATED WITH IHDC, ORGANIZE IHDC ACTIVITIES UNDER TENANT PRIORITIES, DIRECTION AND INVOLVEMENT; AND PROMOTE INDIGENOUS LEADERSHIP. OVER THE YEARS IHDC PROGRAMS HAVE DEVELOPED IN RESPONSE TO THE NEEDS OF THE RESIDENTS AND THE COMMUNITY.
    Expenses $1,132,255 · revenue $1,054,459

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-2796496
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,783,103
Income (IRS master file)
$1,091,832

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,042,468$1,248,715$3,783,103XML
990December 2024$1,306,299$1,335,322$3,800,432XML
990December 2023$1,544,963$1,431,555$3,727,879XML
990December 2022$1,173,740$1,350,213$3,520,746XML
990December 2021$1,331,155$1,390,531$3,731,902IRS
990December 2020–––IRS
990December 2018–––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 94-2796496).

Questions about INDOCHINESE HOUSING DEVELOPMENT CORPORATION

What is the EIN of INDOCHINESE HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of INDOCHINESE HOUSING DEVELOPMENT CORPORATION is 94-2796496.
Is INDOCHINESE HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to INDOCHINESE HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDOCHINESE HOUSING DEVELOPMENT CORPORATION 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 INDOCHINESE HOUSING DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDOCHINESE HOUSING DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of INDOCHINESE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names WAI LA.
Who are the officers and directors of INDOCHINESE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $60,278 (WAI LA, Executive Dir.).
How much revenue does INDOCHINESE HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,042,468, expenses of $1,248,715 and total assets of $3,783,103 at year end.

Other nonprofits in SAN FRANCISCO

All nonprofits in SAN FRANCISCO · California · Housing and shelter