Hawaii Wall & Ceiling Industry Association
- Assets
- $668.4k
- Revenue
- $340.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/1974
- Data as of
- 12/2022
- EIN
- 99-0156443
Organization Overview
Hawaii Wall & Ceiling Industry Association is located in Honolulu, HI. The organization was established in 1974. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Wall & Ceiling Industry Association 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 12/2022, Hawaii Wall & Ceiling Industry Association generated $340.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $305.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE A MORE COHESIVE ASSOCIATION AMONG THOSE ENGAGED IN THIS INDUSTRY AND FOR GENERAL MUTUAL PROTECTION; TO PROMOTE AND DEVELOP THE DRYWALL AND PLASTERERS INDUSTRIES; TO DISCOURAGE UNFAIR COMPETITION; TO PROMOTE JUST AND EQUITABLE PRINCIPLES IN BUSINESS CONDUCT; TO ADJUDICATE BY ARBITRATION OR OTHERWISE, ALL DIFFERENCES AMONG MEMBERS OR BETWEEN MEMBERS AND OTHERS; TO ASSOCIATE AND CONFER WITH OTHER BODIES FOR MUTUAL PROTECTION, ALL TO THE INTEREST AND PURPOSE THAT MEMBERSHIP IN THE ORGANIZATION SHALL BE AN ASSURANCE TO THE PUBLIC OF SKILL, HONORABLE REPUTATION AND FIDELITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY EDUCATIONAL AND SEMIANNUAL/ANNUAL INDUSTRY PROMOTION MEETINGS - SEMINARS HELD ON SUBJECTS PERTINENT TO THE DRYWALL AND PLASTERERS INDUSTRIES FOR MEMBERS AND THEIR STAFF AS WELL AS HELPING TO PROMOTE THE DRYWALL AND PLASTERERS INDUSTRIES IN THE COMMUNITY. APPROXIMATELY 25 TO 35 MEMBERS AND GUESTS ATTENDED THE MONTHLY EDUCATIONAL MEETINGS WHILE THERE WERE APPROXIMATELY 50 PARTICIPANTS AT THE INDUSTRY PROMOTION MEETINGS HELD DURING THE YEAR AND APROXIMATELY 3 PARTICIPANTS AT THE INDUSTRY CONVENTIONS HELD DURING THE YEAR.
ANNUAL GOLF TOURNAMENT WHERE ARCHITECTS AND GENERAL CONTRACTORS WERE INVITED TO PLAY IN THIS TOURNAMENT ALONG WITH THE ASSOCIATION'S MEMBERS. THE PURPOSE OF THE TOURNAMENT IS TO FOSTER A BETTER WORKING RELATIONSHIP BETWEEN EVERYONE INVOLVED IN THE CONSTRUCTION INDUSTRY. APPROXIMATELY 120 PARTICIPANTS ATTENDED THE GOLF TOURNAMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lito Alcantra Treasurer/director | OfficerTrustee | 1 | $0 |
Karl Sinclair Director | Trustee | 1 | $0 |
Vincent Nihipali Sr Director | Trustee | 1 | $0 |
Lari Bloom Director | Trustee | 1 | $0 |
Michael Goodnight Vice President/director | OfficerTrustee | 1 | $0 |
Vincent Nihipali Jr Secretary | Officer | 1 | $0 |
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 | $316,086 |
| Investment income | $17,250 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,480 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $340,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,000 |
| 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 | $9,372 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $99,215 |
| Advertising and promotion | $0 |
| Office expenses | $6,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,905 |
| Travel | $39,985 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,896 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $756 |
| Insurance | $2,167 |
| All other expenses | $9,034 |
| Total functional expenses | $304,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,449 |
| Savings and temporary cash investments | $86,827 |
| 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 | $0 |
| Net Land, buildings, and equipment | $882 |
| Investments—publicly traded securities | $523,863 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,417 |
| Total assets | $668,438 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $668,438 |
| 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 | $668,438 |