Kekaulike Courtyards Corporation
- Assets
- $2.4m
- Revenue
- $830.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Honolulu, HI
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 31-1688873
Organization Overview
Kekaulike Courtyards Corporation is located in Honolulu, HI. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Kekaulike Courtyards Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kekaulike Courtyards 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, Kekaulike Courtyards Corporation generated $830.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $843.0k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 9 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
TO PROVIDE AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP, OWN AND MANAGE SAFE, QUALITY, PERMANENTLY AFFORDABLE HOUSING FOR A GROWING SEGMENT OF THE POPULATION WHICH CAN NO LONGER AFFORD A HOME. APPROXIMATELY 135 INDIVIDUALS BENEFITED FROM SERVICES.
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 |
|---|---|---|---|
Dee Darby President | OfficerTrustee | 0.1 | $0 |
Aarin Gross Vice President | OfficerTrustee | 0.1 | $0 |
Debora Halbert Secretary | OfficerTrustee | 0.1 | $0 |
Ryan Arfman Treasurer | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $802,208 |
| Investment income | $20,447 |
| 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 | $830,739 |
| 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 | $182,693 |
| Pension plan accruals and contributions | $6,497 |
| Other employee benefits | $30,649 |
| Payroll taxes | $16,660 |
| Fees for services: Management | $24,000 |
| Fees for services: Legal | $639 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,209 |
| Advertising and promotion | $0 |
| Office expenses | $15,313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $218,380 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $597 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,569 |
| Insurance | $14,121 |
| All other expenses | $2,251 |
| Total functional expenses | $843,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $540,586 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,216 |
| 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 | $3,520 |
| Net Land, buildings, and equipment | $1,870,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,478 |
| Total assets | $2,429,600 |
| Accounts payable and accrued expenses | $53,640 |
| 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 | $6,224,313 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $961,593 |
| Total liabilities | $7,239,546 |
| Net assets without donor restrictions | -$5,192,862 |
| Net assets with donor restrictions | $382,916 |
| 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 | $2,429,600 |