Canada France Hawaii Telescope Corporation
- Assets
- $13.9m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 50
- Location
- Kamuela, HI
- Founding
- 01/1976
- Data as of
- 12/2023
- EIN
- 23-7438736
Organization Overview
Canada France Hawaii Telescope Corporation is located in Kamuela, HI. The organization was established in 1976. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Canada France Hawaii Telescope Corporation employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canada France Hawaii Telescope Corporation 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 12/2023, Canada France Hawaii Telescope Corporation generated $9.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $10.3m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE 3.6 METER ASTRONOMICAL TELESCOPE TO FURTHER THE KNOWLEDGE AND UNDERSTANDING OF THE UNIVERSE THROUGH SCIENTIFIC REASEARCH, STUDIES, EDUCATION, AND DISSEMINATION OF SUCH KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herve Aussel Chairman | OfficerTrustee | 3 | $0 |
Michael Balogh Vice Chairman | OfficerTrustee | 3 | $0 |
Douglas Simons Treasurer | OfficerTrustee | 3 | $0 |
J-J Kavelaars Secretary | OfficerTrustee | 3 | $0 |
Martin Giard Director | Trustee | 3 | $0 |
Claire Moutou Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paakai Communications Llc Communication Services | 12/30/21 | $138,738 |
Maunakea Observatories Support Services Summit/h.p. Support | 12/30/21 | $124,155 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,904,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,904,724 |
| Total Program Service Revenue | $742,392 |
| Investment income | $225,041 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$72,691 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,799,466 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,392 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,777 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $952,550 |
| Compensation of current officers, directors, key employees. | $451,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,614,659 |
| Pension plan accruals and contributions | $514,198 |
| Other employee benefits | $787,074 |
| Payroll taxes | $385,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,553 |
| Fees for services: Accounting | $63,303 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,426 |
| Fees for services: Other | $324,916 |
| Advertising and promotion | $568 |
| Office expenses | $64,177 |
| Information technology | $165,365 |
| Royalties | $0 |
| Occupancy | $409,866 |
| Travel | $221,122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,798 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,178,402 |
| Insurance | $62,071 |
| All other expenses | $164,609 |
| Total functional expenses | $10,317,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,648,150 |
| Savings and temporary cash investments | $14,026 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $291,606 |
| 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 | $26,930 |
| Net Land, buildings, and equipment | $7,320,669 |
| Investments—publicly traded securities | $2,562,339 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,863,720 |
| Accounts payable and accrued expenses | $837,108 |
| Grants payable | $0 |
| Deferred revenue | $111,835 |
| 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 | $948,943 |
| Net assets without donor restrictions | $12,718,278 |
| Net assets with donor restrictions | $196,499 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $13,863,720 |