Hawaii Flooring Association Industry Improvement Trust
- Assets
- $346.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/1981
- Data as of
- 12/2022
- EIN
- 99-0208474
Organization Overview
Hawaii Flooring Association Industry Improvement Trust is located in Honolulu, HI. The organization was established in 1981. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Flooring Association Industry Improvement Trust 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 Flooring Association Industry Improvement Trust generated $107.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $83.5k during the year ending 12/2022. While expenses have increased by 7.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE, IMPROVE, AND SERVICE THE FLOORING INDUSTRY OF HAWAII.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcolm K Nakamura Trustee | 1 | $0 | |
Keith Emerson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,110 |
| Investment income | $1,250 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,869 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $331 |
| Other expenses | $81,285 |
| Total expenses | $83,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $346,599 |
| Other assets | $0 |
| Total assets | $346,599 |
| Total liabilities | $0 |
| Net assets or fund balances | $346,599 |