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Nonprofit · EIN 94-3113810

WA SANG FOUNDATION

Tax-exempt · SEATTLE, WA 98109

Financials

$501K$486K2023$743K$614K2024
Revenue Expenses · by fiscal year end
Financials of WA SANG FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$742,796$613,848$128,948$3,526,209$2,183,784$1,342,425
December 31, 2023990$501,476$486,150$15,326$3,263,332$2,187,084$1,076,248
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$135,776
Program service revenue
$348,267
Investment income
$256,670
Net gain from sales of assets
$138,985
Tax-exempt bond proceeds
$21,487
Other revenue
$2,083

Expenses

Grants and similar amounts paid
$3,739
Compensation of officers, directors and key employees
$0
Other salaries and wages
$14,410
Salaries, compensation and benefits (total)
$16,459
Professional fundraising fees
$0
Legal fees
$1,287
Occupancy
$166,500
Depreciation
$9,413
Program services (functional)
$513,385
Management and general (functional)
$100,463

Balance sheet and other

Total assets, start of year
$3,263,332
Total assets, end of year
$3,526,209
Total liabilities, end of year
$2,183,784
Net assets, end of year
$1,342,425
Land, buildings and equipment
$151,158
Publicly traded securities
$3,297,903
Net assets without donor restrictions
$1,342,425
Gross receipts
$2,791,036
Employees
1
Year formed
1989
State of legal domicile
WA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
LING CHINNDirector
Trustee or director
2$0
WILL SPIESSPresident
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
LING CHINNDirector
Trustee or director
2$0
WILL SPIESSPresident
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
1200 WESTLAKE AVE N STE 608, SEATTLE, WA 98109-3529
In care of
% RAYMOND G CHINN
Principal officer (990 for 2024)
LING CHINN, 657 S KING ST 209, SEATTLE, WA 98114
Signed the 990
LING CHINN, Director
Phone
(206) 622-2032
Return prepared by
Jeffrey M Wilson PS

Mission

LOW INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • THE REX APARTMENTS PROVIDE 30 UNITS OF LOW INCOME HOUSING.
    Expenses $513,385 · revenue $348,267

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3113810
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,526,209
Income (IRS master file)
$2,791,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$742,796$613,848$3,526,209XML
990December 2023$501,476$486,150$3,263,332XML
990December 2022$705,432$494,917$2,965,328IRS
990December 2021–––IRS
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 94-3113810).

Questions about WA SANG FOUNDATION

What is the EIN of WA SANG FOUNDATION?
The employer identification number (EIN) of WA SANG FOUNDATION is 94-3113810.
Is WA SANG FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to WA SANG FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WA SANG FOUNDATION 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 WA SANG FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WA SANG FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WA SANG FOUNDATION?
The 990 for the year ended December 31, 2024 names LING CHINN.
Who are the officers and directors of WA SANG FOUNDATION?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does WA SANG FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $742,796, expenses of $613,848 and total assets of $3,526,209 at year end.

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