Nanakuli Community Development Llc
- Assets
- $10.7m
- Revenue
- $330.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Waianae, HI
- Founding
- 11/2019
- Data as of
- 06/2022
- EIN
- 83-1036020
Organization Overview
Nanakuli Community Development Llc is located in Waianae, HI. The organization was established in 2019. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nanakuli Community Development Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL COUNSELING, FACILITY PLANNING AND OTHER SERVICES TO THE NANAKULI COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NANAKULI COMMUNITY DEVELOPMENT (NCD) HAS TAKEN OUT A MORTAGE LOAN FROM A QUALIFIED COMMUNITY DEVELOPMENT ENTITY (A "CDE" AS DEFINED IN THE CODE) UNDER THE FEDERAL NEW MARKETS TAX CREDIT AUTHORITY AND USED THE LOAN PROCEEDS TO DEVELOP AND CONSTRUCT A "FEDERALLY QUALIFIED HEALTH CENTER" UNDER SECTION 330 OF THE PUBLIC HEALTH SERVICES ACT ON A LEASEHOLD PROPERTY OWNED BY NCD. CONSTRUCTION OF THE NEW FACILITY WAS COMPLETED IN FEBRUARY 2021. THE FACILITY HAS BEEN SUBLEASED TO THE WAIANAE DISTRICT COMPREHENSIVE HEALTH AND HOSPITAL BOARD, INCORPORATED (WDCHHB), A NONPROFIT STATE OF HAWAII CORPORATION, FOR THE PROVISION OF PRIMARY HEALTH CARE SERVICES TO RESIDENTS IN THE NANAKULI UNDERSERVED AREA. WDCHHB HAS BEEN PROVIDING PRIMARY HEALTH CARE SERVICES (I.E., MEDICAL, BEHAVIORAL HEALTH, HEALTH AND WELLNESS EDUCATION, CASE MANAGEMENT, COMMUNITY OUTREACH, AND PHARMACY) SINCE MARCH 11, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard P Bettini President & CEO | Officer | 1 | $0 |
Joyce O'brien Executive Vice President | Officer | 1 | $0 |
Nicholas Hughey Executive Vice President | Officer | 1 | $0 |
Kristelle Ompad Chief Administrative Officer | Officer | 1 | $0 |
Cindy Yee Chief Financial Officer | Officer | 4 | $0 |
James Z Chen Former Chief Financial Officer | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Architects Hawaii Ltd Architecture | 6/29/21 | $133,185 |
Hawaiian Dredging Construction Construction | 6/29/21 | $6,922,060 |
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 | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $330,900 |
| 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 | $330,900 |
| 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 | $12,304 |
| 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 | $115,187 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $136,690 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305,774 |
| Insurance | $0 |
| All other expenses | $21,500 |
| Total functional expenses | $591,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,501 |
| 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 | $82,049 |
| Net Land, buildings, and equipment | $9,813,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $438,182 |
| Total assets | $10,718,178 |
| Accounts payable and accrued expenses | $33,422 |
| 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 | $10,515,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,548,422 |
| Net assets without donor restrictions | $0 |
| 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 | $169,756 |
| Total liabilities and net assets/fund balances | $10,718,178 |