Hawaiian Community Development Board
- Assets
- $4.8m
- Revenue
- $1.2m
- Investments
- $220.1k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/2000
- Data as of
- 12/2021
- EIN
- 31-1703054
Organization Overview
Hawaiian Community Development Board 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaiian Community Development Board 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 12/2021, Hawaiian Community Development Board generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $695.9k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FOR AND PROMOTE THE DEVELOPMENT OF AFFORDABLE HOUSING, SERVICE CENTERS, AND ELDERLY HOUSING NEEDS IN THE HAWAIIAN COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Soo Board Chairm | 0 | $0 | |
Kali Watson President/ce | 40 | $167,900 | |
Patti Tancayo Vice-Pres. | 40 | $150,000 | |
Helen O'connor Treasurer | 0 | $0 | |
Jackie Burke Chairwoman | 0 | $0 | |
Linda Ahue Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Patti Tancayo | 12/30/22 | $150,000 |
Kali Watson | 12/30/22 | $167,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,295 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $20,804 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $758,383 |
| Total Revenue | $1,172,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $267,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,691 |
| Depreciation | $10,328 |
| Occupancy | $245,515 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $142,398 |
| Total operating and administrative expenses | $695,940 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $695,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,345 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,428,811 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $26,888 |
| Investments—mortgage loans | $0 |
| Investments—other | $220,146 |
| Net Land, buildings, and equipment | $2,457,553 |
| Other assets | $328,078 |
| Total assets | $4,750,821 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,678,811 |
| Other liabilities | $33,890 |
| Total liabilities | $1,712,701 |
Grants Awarded
Over the last fiscal year, Hawaiian Community Development Board has awarded $668 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF HAWAII PURPOSE: CHARITABLE SUPPORT | $334 |
LUNALILO HOME PURPOSE: CHARITABLE SUPPORT | $334 |