Hawaii Island Contractors Assn is located in Hilo, HI. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Island Contractors Assn is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Hawaii Island Contractors Assn generated $175.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $115.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE STANDARDS OF BUILDING AND CONTRACTING, TO PROVIDE SAFETY TRAINING TO MEMBERS AND TO UPDATE MEMBERS ON INDUSTRY DEVELOPMENTS.
Describe the Organization's Program Activity:
Part 3
PROGRAM - THE PROGRAM COMMITTEE IS RESPONSIBLE FOR THE PLANNING AND IMPLEMENTATION OF OUR MONTHLY GENERAL MEMBERSHIP MEETINGS THAT WERE HELD IN CONJUCTION WITH NETWORKING EVENTS. IN 2019-2020 THE PROGRAM COMMITTEE CONTINUED IN THEIR ROLE TO INCREASE MEMBER ATTENDANCE AND CULTIVATE AN ENVIRONMENT OF CAMARADERIE, EVEN AMONGST COMPETITORS. THE PROGRAM COMMITTEE CONTINUED TO PROVIDE DIFFERENT SPEAKERS AND VENUES TO ENCOURAGE MEMBER PARTICIPATION THROUGH EDUCATION, COMMUNITY SERVICE AND CONTRIBUTIONS. FOR THE FISCAL YEAR ENDED JUNE 30, 2020, THE ORGANIZATION HAD AN ESTIMATED TOTAL OF 400 MEMBERS/GUESTS THAT PARTICIPATED IN THE ORGANIZATION'S PROGRAMS.
SAFETY - OUR SAFETY COMMITTEE IS A VERY IMPORTANT PART OF THE ORGANIZATION AND IS RESPONSIBLE FOR IMPLEMENTING OUR SAFETY AND ACCIDENT PREVENTION PROGRAM FOR THE MEMBERS. CONTRACTORS, SUBCONTRACTORS AND THEIR EMPLOYEES ARE REQUIRED BY THE STATE OF HAWAII HIOSH AND FEDERAL OSHA TO BE CERTIFIED IN SAFETY AND ACCIDENT PREVENTION CLASSES. HICA PROVIDES MOST OF THESE SAFETY AND ACCIDENT PREVENTION CLASSES TO OUR MEMBERS AT DISCOUNTED RATES. FOR THE FISCAL YEAR ENDED JUNE 30, 2020, HICA HELD 8 SAFETY CLASSES ATTENDED BY 450 PEOPLE.
SCHOLARSHIP TOURNAMENT (STTC)/GOLF- THE HICA SCHOLARSHIP PROGRAM IS ANOTHER VERY IMPORTANT PART OF THE ORGANIZATION. THE STTC COMMITTEE AND GOLF COMMITTEE'S EFFORTS PROVIDED FOR A SIGNIFICANT INCREASE IN MEMBER PARTICIPATION WHICH RESULTED IN AN INCREASE IN CONTRIBUTIONS TO THE SCHOLARSHIP FUND. HICA IS VERY PASSIONATE ABOUT CONTRIBUTING TO THE NEXT GENERATION, AND THROUGH THE CONTINUED EFFORTS OF THESE COMMITTEES, MORE HAWAII COMMUNITY COLLEGE STUDENTS WILL BENEFIT THROUGH THE SCHOLARSHIPS GIVEN. THIS YEAR, THREE RECIPIENTS WERE SELECTED AS SCHOLARSHIP WINNERS. TOTAL SCHOLARSHIPS PAID OUT WAS $3,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Barrios President | 1 | $0 | |
Will Lee 1st Vice President | 1 | $0 | |
Brian Ninomoto 2nd Vice President | 1 | $0 | |
Linda Iwata Secretary | 1 | $0 | |
Tom Raffipiy Treasurer | 1 | $0 | |
Eleot Kaipo Immediate Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,350 |
Total Program Service Revenue | $32,539 |
Membership dues | $111,050 |
Investment income | $819 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $22,439 |
Other Revenue | $0 |
Total Revenue | $175,197 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,815 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $13,226 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $53,697 |
Total expenses | $114,988 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $482,810 |
Other assets | $0 |
Total assets | $486,947 |
Total liabilities | $9,630 |
Net assets or fund balances | $477,317 |
Over the last fiscal year, Hawaii Island Contractors Assn has awarded $15,211 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
HAWAII CONSTRUCTION CAREER DAYS PURPOSE: CAREER DAY | $10,000 |
GENERAL CONTRACTORS ASSOCIATION OF HAWAII PURPOSE: INDUSTRY IMPROVEMENT | $5,211 |