Ikaika Ohana
- Assets
- $19.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/2009
- Data as of
- 12/2021
- EIN
- 80-0153639
Organization Overview
Ikaika Ohana is located in Honolulu, HI. The organization was established in 2009. 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. Ikaika Ohana 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, Ikaika Ohana generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE AND AFFORDABLE RENTAL HOUSING TO PERSONS AND FAMILIES OF LOW INCOME ALONG WITH OPPORTUNITIES FOR ACCESS TO BASIC HEALTH/HUMAN SERVICES AND LIFE/JOB TRAINING SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE SAFE AND AFFORDABLE HOUSING AND SOCIAL SERVICES FOR LOW INCOME PERSONS/FAMILIES. SUCH ASSISTANCE INCLUDES, BUT IS NOT LIMITED TO, OWNERSHIP/OPERATION/DEVELOPMENT OF AFFORDABLE HOUSING, FINANCING AND MAINTAINING AFFORDABLE HOUSING, AND PROVIDING SOCIAL SERVICES TO AFFORDABLE HOUSING TENANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David H Bigley Treasurer | OfficerTrustee | 2.5 | $0 |
Douglas R Bigley President | OfficerTrustee | 10 | $0 |
John F Bigley Secretary | OfficerTrustee | 2.5 | $0 |
Greg Anderson Director | OfficerTrustee | 0.5 | $0 |
Cesar Delgado Director | OfficerTrustee | 0.5 | $0 |
Jennifer Ashley Director | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,922,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $66 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,922,066 |
| Total Program Service Revenue | $820,489 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $800,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,859,733 |
| 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 | $749,194 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $67,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,878 |
| Fees for services: Accounting | $14,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $27,393 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $310,879 |
| All other expenses | $105,177 |
| Total functional expenses | $1,331,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $146,702 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,564,937 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $938,666 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,766,960 |
| Total assets | $19,747,164 |
| Accounts payable and accrued expenses | $16,885 |
| 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 | $2,492,919 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,509,804 |
| Net assets without donor restrictions | $17,237,360 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $19,747,164 |
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