Kanaka Economic Development Alliance
- Assets
- $68.2k
- Revenue
- $178.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Kaneohe, HI
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-3551905
Organization Overview
Kanaka Economic Development Alliance is located in Kaneohe, HI. The organization was established in 2020. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Kanaka Economic Development Alliance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kanaka Economic Development Alliance 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
THE KANAKA ECONOMIC DEVELOPMENT ALLIANCE ("KEDA") IS A 501(C)(3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO EMPOWER THE NATIVE HAWAIIAN COMMUNITY AND IMPROVE OUR COLLECTIVE LIVELIHOODS AND THE LIFE OF THE LAND THROUGH SELF-LED ECONOMIC DEVELOPMENT. AT KEDA, WE SUPPORT DEVELOPMENT THAT PROMOTES EQUALITY, INCLUSIVITY, AND ALL OF OUR DIVERSITY AS A PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KEDA CAPACITY BUILDING PROGRAM - THIS PROGRAM FOCUSES ON THE NATIVE HAWAIIAN ENTREPRENEURIAL COMMUNITY AS A LOCUS FOR ACHIEVING ECONOMIC DEVELOPMENT THAT INCREASES NATIVE HAWAIIAN WEALTH AND INCOME LEVELS IN AN EQUITABLE MANNER. THIS PROGRAM'S 2022 GOALS WERE TO INCREASE THE VISIBILITY AND OPERATIONAL CAPACITY OF NATIVE HAWAIIAN OWNED BUSINESSES AND BUSINESS DEVELOPMENT ORGANIZATIONS THAT SERVE NATIVE HAWAIIANS. WE DID THIS THROUGH SEVERAL CONTINUING PROJECTS. THESE PROJECTS ARE THE NATIVE HAWAIIAN BUSINESS DIRECTORY, OUR TALK STORY INTERVIEWS BLOG, THE DEVELOPMENT OF A SHARED COMMUNITY EVALUATION AND DATA COLLECTION TOOL AND RELATED COMMUNITY ENGAGEMENT SYSTEMS, AND DIRECT ONE ON ONE CAPACITY BUILDING SERVICES TO BUSINESSES AND DEVELOPMENT ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelea Levy Executive Director | Officer | 40 | $71,338 |
Aaron Wills Vice President | OfficerTrustee | 1 | $0 |
Troy Hanohano Secretary | OfficerTrustee | 1 | $0 |
Isaac Kamoku Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $178,547 |
| All other contributions, gifts, grants, and similar amounts not included above | $70 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,617 |
| 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 | $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 | $178,617 |
| 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. | $79,121 |
| Compensation of current officers, directors, key employees. | $12,923 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,888 |
| Payroll taxes | $12,760 |
| 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 | $15,337 |
| Advertising and promotion | $0 |
| Office expenses | $7 |
| Information technology | $2,316 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,148 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,086 |
| All other expenses | $129 |
| Total functional expenses | $176,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,355 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,877 |
| 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 | $0 |
| 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 | $68,232 |
| Accounts payable and accrued expenses | $5,463 |
| 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 | $75,090 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80,553 |
| Net assets without donor restrictions | -$12,321 |
| 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 | $68,232 |