Hawaii Island Workforce & Economic Development Ohana Inc
- Assets
- $13.1k
- Revenue
- $142.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Hilo, HI
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 20-1550014
Organization Overview
Hawaii Island Workforce & Economic Development Ohana Inc, operating under the name Hiwedo, is located in Hilo, HI. The organization was established in 2005. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Hiwedo employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hiwedo is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Hiwedo generated $142.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $141.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION STATEMENT: TO PROMOTE THE DEVELOPMENT OF A HIGHLY COMPENTENT WORKFORCE IN ORDER TO SUSTAIN A VIBRANT ECONOMY AND LIFESTYLE. VISION: FACILITATE THE ESTABLISHMENT OF A WORKFORE DEVELOPMENT SYSTEM FOR THE COUNTY OF HAWAII THAT WILL RESPOND PROACTIVELY TO THE DIVERGENT EMPLOYMENT AND TRAINING NEEDS OF THE COUNTY BY BUILDING COMMUNITY COLLABORATION AND BY EXPANDING FINANCIAL RESOURCES. MISSION STATEMENT: THE MISSION OF THE HUIANA INTERNSHIP PROGRAM IS TO BRIDGE THE GAP BETWEEN THE CLASSROOM AND THE WORKFORCE BY PROVIDING OPPORTUNITIES FOR HIGH SCHOOL STUDENTS TO GAIN REAL WORLD, HANDS-ON EXPERIENCE WITH AN EMPLOYER FROM AN INDUSTRY THEY ARE INTERESTED IN PURSUING AS A CAREER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HUIANA STUDENT TO WORKPLACE MENTORING PROGRAM FOCUSES PRIMARILY ON WEST HAWAII ISLAND HIGH SCHOOL YOUTH AS THE LABOR FORCE OF THE FUTURE. HUIANA BRINGS BUSINESS, EDUCATION, AND COMMUNITY PARTNERSHIP TOGETHER TO FOSTER AND STRENGTHEN STUDENTS' WORK-BASED SKILLS AND DEFINE CAREER ASPIRATIONS. WE BUILD BRIDGES BETWEEN SCHOOL AND THE WORKPLACE ALLOWING THE STUDENT TO HAVE A SUCCESSFUL TRANSITION FOLLOWING POSTSECONDARY TRAINING, FROM ONE ENVIRONMENT TO THE OTHER. HIWEDO PROMOTES WORKPLACE MENTORING AS AN EFFECTIVE TRANSITION AND TRAINING TOOL. FOR THE FISCAL YEAR ENDING JUNE 30, 2021 THE ORGANIZATION MENTORED AND WORKED WITH STUDENTS FROM WEST HAWAII ISLAND BUT WAS LIMITED IN THE CONTACTS THAT COULD BE MADE DUE TO COVID-19 SAFETY POTOCALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Ku Vp\dir | OfficerTrustee | $0 | |
Cindy Tavares Treas-Secret | OfficerTrustee | $0 | |
Darren Elisaga Pres/dir | OfficerTrustee | $0 | |
Name Not Listed Accountant | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,257 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,257 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,569 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,352 |
| Payroll taxes | $11,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $954 |
| Advertising and promotion | $0 |
| Office expenses | $1,412 |
| Information technology | $5,309 |
| Royalties | $0 |
| Occupancy | $2,131 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,398 |
| All other expenses | $0 |
| Total functional expenses | $141,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,053 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,053 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $13,053 |
| Total liabilities and net assets/fund balances | $13,053 |