THE ORGANIZATION'S MISSION IS TO PROMOTE AND SUPPORT CHARITABLE AND BENEVOLENT PROGRAMS FOR THE ASIAN ELDERLY THROUGH PLANNING, FINANCING, OPERATING, AND MAINTAINING NURSING AND CARE FACILITIES AND AFFORDABLE HOUSING.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.2M
+12.7% YoY
Annual Giving
$58K
Grant Count
1
Avg Grant Size
$58K
About South Cove Nursing Facilities
Based on IRS filings
South Cove Nursing Facilities is a nonprofit organization focused on Health, based in QUINCY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.2M in total assets. In 2024, it awarded 1 grants totaling $58K. Net investment income was $1.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,216,976 | $17,931,872 | $15,783,171 |
| Revenue | $1,829,110 | $354,568 | $1,017,488 |
| Expenses | $184,693 | $129,545 | $115,571 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,523,131 | $99,192 | $729,355 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Huang Sisters Trust ($58,157).
| Recipient | Purpose | Amount |
|---|---|---|
| HUANG SISTERS TRUST QUINCY, MA | EDUCATIONAL NEEDS | $58,157 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID T TING | DIRECTOR | 1 | — |
| HEATHER O'SULLIVAN | DIRECTOR | 1 | — |
| LISA MUI | DIRECTOR | 1 | — |
| EDWARD CHENG ESQ | DIRECTOR (RESIGNED 5/2024) | 1 | — |
| SUSAN LUO CFA | DIRECTOR | 1 | — |
| HON HOI YEE | DIRECTOR | 1 | — |
| HELEN CHIN SCHLICHTE | DIRECTOR | 1 | — |
| JIM HSU | DIRECTOR | 1 | — |
| LEONARD LAI MD | DIRECTOR | 1 | — |
| ALICE L ROSE RN | DIRECTOR | 1 | — |
| THOMAS CHIN | DIRECTOR | 1 | — |
| MARIANNE BOWLER HONORABLE | DIRECTOR | 1 | — |
| HEMMIE CHANG | CLERK | 1 | — |
| CINDY LAW | TREASURER | 1 | — |
| MAY CHIN | VICE PRESIDENT | 1 | — |
| JASON QU | CHAIRMAN OF THE BOARD | 1 | — |
| RICHARD LUI ESQ | DIRECTOR | 1 | — |
| ERIC SCHLICHTE | DIRECTOR | 1 | — |
| STANLEY ELKERTON | DIRECTOR | 1 | — |
| DAVID CHIU MD | DIRECTOR | 1 | — |
| OLIVIA WONG | DIRECTOR | 1 | — |
| PHILIP CHENG AG | DIRECTOR | 1 | — |
| WILLIAM GRAVES | PRESIDENT & CEO | 1 | — |
| SCOTT HANSON | DIRECTOR OF FINANCE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is South Cove Nursing Facilities?
South Cove Nursing Facilities is a nonprofit organization focused on Health, based in QUINCY, MA. It holds $20.2M in total assets as of 2024.
How large is South Cove Nursing Facilities?
As of 2024, South Cove Nursing Facilities holds $20.2M in total assets with $1.8M in annual revenue. It awarded 1 grants totaling $58K in 2024.
Where does South Cove Nursing Facilities operate?
South Cove Nursing Facilities has awarded grants in Massachusetts.
What size grants does South Cove Nursing Facilities award?
In 2024, South Cove Nursing Facilities awarded 1 grants totaling $58K — an average of about $58K per grant, based on its IRS Form 990 filings.
What is South Cove Nursing Facilities's EIN?
South Cove Nursing Facilities's EIN (Employer Identification Number) is 04-6406242. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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