Hhoc Housing And Land Trust
- Assets
- $419.7k
- Revenue
- $2.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 81-1067169
Organization Overview
Hhoc Housing And Land Trust is located in Honolulu, HI. The organization was established in 2016. 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. Hhoc Housing And Land Trust 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, Hhoc Housing And Land Trust generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (68.8%) each year. All expenses for the organization totaled $45.3k 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
THE MISSION OF HHOC HOUSING LAND TRUST IS TO PROVIDE AFFORDABLE HOUSING AND HOMEOWNERSHIP OPPORTUNITIES TO LOW- AND MODERATE-INCOME FAMILIES IN HAWAII WHILE ENSURING PERMANENT HOUSING AFFORDABILITY THROUGH THE USE OF A LAND TRUST MODEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HHLT RENOVATED, AND SOLD 4 PROPERTIES BELOW MARKET VALUE TO CREATE AFFORDABLE HOMES WITH DEED RESTRICTIONS TO KEEP IT AFFORDABLE THROUGH UPCOMING RESALES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Kato President | OfficerTrustee | 0.25 | $0 |
Debra Luning Vice President | OfficerTrustee | 0.25 | $0 |
Karl Yoneshige Treasurer | OfficerTrustee | 0.25 | $0 |
Jun Yang Secretary | OfficerTrustee | 0.25 | $0 |
Reina Miyamoto Executive Director | Officer | 1.25 | $0 |
Earl Mente Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,228 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,228 |
| 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 | -$167,073 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,155 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $6,035 |
| Advertising and promotion | $0 |
| Office expenses | $15,000 |
| 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 | $18,206 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,094 |
| All other expenses | $0 |
| Total functional expenses | $45,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $418,933 |
| 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 | $773 |
| 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 | $419,706 |
| Accounts payable and accrued expenses | $152 |
| 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 | $152 |
| Net assets without donor restrictions | $419,554 |
| 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 | $419,706 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hhoc Housing And Land Trust has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Hawaii Homeownership Center Honolulu, HI PURPOSE: TO FURTHER THE ORGANIZATION'S MISSION. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hollywood Community Housing Corporation Los Angeles, CA | $87,826,878 | $9,106,677 |
Habitat For Humanity International Inc Monrovia, CA | $10,420,677 | $8,377,846 |
Habitat For Humanity International Inc San Diego, CA | $17,987,531 | $9,101,598 |
Corporate Fund For Housing Long Beach, CA | $62,505,440 | $8,997,837 |
Bridge Housing Corporation - Southern California San Francisco, CA | $19,249,225 | $4,951,235 |
Augusta Homes Upland, CA | $57,007,728 | $7,808,185 |
Linc Community Development Corporation Long Beach, CA | $50,572,964 | $7,561,033 |
Resident Owned Parks Inc Sacramento, CA | $73,117,856 | $8,641,383 |
National Community Renaissance Development Corporation Rancho Cucamonga, CA | $20,200,023 | $6,094,329 |
West Valley Community Services Of Santa Clara County Inc Cupertino, CA | $11,591,592 | $7,785,483 |
Housing Partners I Incorporated San Bernardino, CA | $28,973,627 | $6,133,625 |
Srht Property Management Company Los Angeles, CA | $5,871,635 | $5,918,093 |