Hale Mahaolu

Organization Overview

Hale Mahaolu is located in Kahului, HI. The organization was established in 1971. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Hale Mahaolu employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hale Mahaolu 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 12/2022, Hale Mahaolu generated $14.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $13.0m during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND MAINTAIN LOW-INCOME AND ELDERLY HOUSING PROJECTS AND OTHER RELATED PROGRAMS TO BENEFIT THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE RENTAL HOUSING TO LOW INCOME AND ELDERLY INDIVIDUALS.


HALE MAHAOLU - PROVIDED SUPPORT FOR ALL PROGRAMS INCLUDING ITS OTHER AFFILIATED AGENCIES NOT INCLUDED IN THIS FORM 990.


TO PROVIDE ASSISTANCE AND FINANCIAL AID TO THE ELDERLY AND TO ENABLE THEM TO PURCHASE IN-HOME PERSONAL CARE ATTENDANT SERVICE.


TO PROVIDE MEALS TO ELDERLY INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Gerald Hiyakumoto
Director
$0
Teri Hamasaki
2nd Vice President
$0
Valerie Matsunaga
Treasurer
$0
Patricia Tomita
Director
$0
Bernice Lu
Director
$0
Tervor Tokishi
1st Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Reicke Sunnland Kono Architects
Architect
$109,355
Maui Island Roofing
Roofing
$245,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $803,685
All other contributions, gifts, grants, and similar amounts not included above$58,975
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$862,660
Total Program Service Revenue$12,815,541
Investment income $463,755
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 $14,284,733

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