Kahuku Development Foundation Inc
- Assets
- $7.3m
- Revenue
- $56.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/1982
- Data as of
- 06/2022
- EIN
- 99-0191654
Organization Overview
Kahuku Development Foundation Inc is located in Honolulu, HI. The organization was established in 1982. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kahuku Development Foundation Inc 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, Kahuku Development Foundation Inc generated $56.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $319.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROFESSIONAL AND MANAGEMENT SERVICES TO SPONSOR OF AFFORDABLE HOUSING PROJECTS FOR NEEDY INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT SPONSOR OF AFFORDABLE HOUSING DEVELOPMENT. THE ORGANIZATION IS IN THE PROCESS OF WINDING DOWN ITS OPERATION AND PROGRAM SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Pickard Pres/treas/s | 1 | $0 | |
Walter Pickard Vice Preside | 1 | $0 | |
Patricia Rabago Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,616 |
| Net Rental Income | -$22,457 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,412 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $229,636 |
| Total operating and administrative expenses | $319,906 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $319,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,989,750 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,961,770 |
| Total assets | $7,276,508 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |