Queen Emma Land Company
- Assets
- $883.8m
- Revenue
- $207.2m
- Investments
- $221.2m
- Employees
- 11
- Location
- Honolulu, HI
- Founding
- 11/1978
- Data as of
- 06/2022
- EIN
- 99-0183769
Organization Overview
Queen Emma Land Company is located in Honolulu, HI. The organization was established in 1978. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 06/2022, Queen Emma Land Company employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queen Emma Land Company 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 06/2022, Queen Emma Land Company generated $207.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $52.1m during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE QUEEN'S HEALTH SYSTEMS AFFILIATES.
Describe the Organization's Program Activity:
PROVIDED SUPPORT TO SUPPORTED ORGANIZATIONS IN ORDER TO HELP DEFRAY OPERATING AND ADMINISTRATIVE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Hoggard Green Trustee/chair | OfficerTrustee | 1 | $0 |
Jason Chang Trustee | Trustee | 5 | $0 |
Paul Mcdowell Trustee | Trustee | 1 | $0 |
Eric Martinson Trustee/president | OfficerTrustee | 17 | $0 |
John Nitao Trustee/secretary | OfficerTrustee | 1 | $0 |
Bruce Nakaoka Trustee/vp | OfficerTrustee | 50 | $312,636 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pbr Hawaii Associates Inc Consulting Services | 6/29/15 | $178,279 |
The Hallstrom Group Appraisals | 6/29/15 | $223,529 |
Chun Kerr Dodd Legal | 6/29/15 | $127,658 |
Forest Solutions Plant Cltvtn & Mgnt | 6/29/15 | $124,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,986 |
| 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 | $16,986 |
| Total Program Service Revenue | $2,991,416 |
| Investment income | $6,353,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,059,519 |
| Net Rental Income | $167,052,934 |
| Net Gain/Loss on Asset Sales | $29,678,775 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,248,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,295,024 |
| 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. | $335,578 |
| Compensation of current officers, directors, key employees. | $335,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $922,031 |
| Pension plan accruals and contributions | $130,749 |
| Other employee benefits | $132,350 |
| Payroll taxes | $87,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $701,573 |
| Fees for services: Accounting | $61,982 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $419,617 |
| Fees for services: Other | $641,017 |
| Advertising and promotion | $150 |
| Office expenses | $13,480 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $492,585 |
| Travel | $0 |
| 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 | $3,980,235 |
| Insurance | $258,182 |
| All other expenses | $249,468 |
| Total functional expenses | $52,080,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200 |
| Savings and temporary cash investments | $24,617,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $207,121,739 |
| 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 | $1,267,748 |
| Net Land, buildings, and equipment | $86,980,239 |
| Investments—publicly traded securities | $337,655,348 |
| Investments—other securities | $221,195,301 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,930,306 |
| Total assets | $883,769,032 |
| Accounts payable and accrued expenses | $1,451,485 |
| Grants payable | $0 |
| Deferred revenue | $4,367,026 |
| 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 | $9,363,805 |
| Total liabilities | $15,182,316 |
| Net assets without donor restrictions | $868,586,716 |
| 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 | $883,769,032 |