Hawaii Hotel Industry Foundation
- Assets
- $1.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 06/1984
- Data as of
- 12/2022
- EIN
- 99-0194293
Organization Overview
Hawaii Hotel Industry Foundation is located in Honolulu, HI. The organization was established in 1984. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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 Hotel Industry Foundation 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, Hawaii Hotel Industry Foundation generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hawaii Hotel Industry Foundation has awarded 130 individual grants totaling $2,915,643. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE SOLELY FOR CHARITABLE PURPOSES, RAISES FUNDS THROUGH ANNUAL WALKATHON AND DISBURSES TO NUMEROUS CHARITABLE ORGANIZATIONS IN HAWAII.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CONTRIBUTIONS TO VARIOUS NON-PROFIT ORGANIZATIONS
EXPENSES RELATED TO PROMOTION AND ADMINISTRATION OF ANNUAL WALKATHON
EDUCATIONAL AWARDS TO VARIOUS DESERVING INDIVIDUALS AND ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mufi Hannemann Secretary | OfficerTrustee | 1 | $0 |
Craig Anderson Hawaii Chap | Trustee | 1 | $0 |
Julie Arigo Director | Trustee | 1 | $0 |
Lynette Eastman Director | Trustee | 1 | $0 |
Thomas Foti Chairperson | OfficerTrustee | 1 | $0 |
Matthew Grauso Oahu Chap | Trustee | 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 | $12,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,273 |
| Total Program Service Revenue | $0 |
| Investment income | $9,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,554 |
| Net Income from Fundraising Events | $380,759 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,672,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,944,999 |
| Grants and other assistance to domestic individuals. | $190,500 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,797 |
| Office expenses | $3,973 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $68,109 |
| Total functional expenses | $2,543,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,003 |
| Savings and temporary cash investments | $69,338 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,956 |
| 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 | $0 |
| Investments—publicly traded securities | $429,774 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,611 |
| Total assets | $1,093,682 |
| Accounts payable and accrued expenses | $15,875 |
| 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 | $501 |
| Total liabilities | $16,376 |
| Net assets without donor restrictions | $376,441 |
| Net assets with donor restrictions | $700,865 |
| 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 | $1,093,682 |
Grants Awarded
Over the last fiscal year, Hawaii Hotel Industry Foundation has awarded $71,250 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FEED MY SHEEP PURPOSE: CONTRIB FOR GEN SUPP | $15,000 |
HAWAII CROP IMPROVEMENT ASSN PURPOSE: CONTRIB FOR GEN SUPP | $10,000 |
VARIOUS CHARITIES 5000 AND LESS PURPOSE: CONTRIB FOR GEN SUPP | $26,250 |
KAUAI CHEF'S EDUCATION PGRM PURPOSE: CONTRIB FOR GEN SUPP | $10,000 |
KAUAI INDEPENDENT FOOD BANK PURPOSE: CONTRIB FOR GEN SUPP | $10,000 |