Wailea Community Association
- Assets
- $3.6m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Wailea, HI
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 99-0254085
Organization Overview
Wailea Community Association is located in Wailea, HI. The organization was established in 1995. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Wailea Community Association employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wailea Community Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Wailea Community Association generated $3.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 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.
Since 2020, Wailea Community Association has awarded 12 individual grants totaling $366,734. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EXEMPT PURPOSE OF THE ORGANIZATION IS TO OPERATE, MANAGE, ADMINISTER, MAINTAIN, AND LANDSCAPE VARIOUS COMMON PROPERTY, AS DEFINED IN THE CC&RS/BYLAWS. TO PERFORM AND PROVIDE FOR VARIOUS SERVICES NECESSARY OR DESIRABLE FOR THE BENEFIT OF THE OWNERS AND OCCUPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF COMMON ELEMENTS
SECURITY OF COMMON ELEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lloyd Ettinger President | OfficerTrustee | 1 | $0 |
Eric Gerlach Vice Preside | OfficerTrustee | 1 | $0 |
Maynard Torchiana Treasurer | OfficerTrustee | 1 | $0 |
Anne Takabuki Secretary | OfficerTrustee | 1 | $0 |
Brian Ward Class A Dire | Trustee | 1 | $0 |
Michael Pye Class A Dire | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mepps Security | 12/30/22 | $761,263 |
Trees Of Hawaii Tree Trimming | 12/30/22 | $220,675 |
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 | $3,829,854 |
| Investment income | $66,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,897,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $168,115 |
| 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. | $205,362 |
| Compensation of current officers, directors, key employees. | $205,362 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,585,767 |
| Pension plan accruals and contributions | $23,083 |
| Other employee benefits | $114,507 |
| Payroll taxes | $84,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,063 |
| Fees for services: Accounting | $37,947 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,622 |
| Advertising and promotion | $124,406 |
| Office expenses | $72,274 |
| Information technology | $30,506 |
| Royalties | $0 |
| Occupancy | $160,534 |
| Travel | $133,984 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,117 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,973 |
| Insurance | $124,681 |
| All other expenses | $25,966 |
| Total functional expenses | $3,626,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,494,853 |
| Savings and temporary cash investments | $1,290,959 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $146,329 |
| 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 | $7,108 |
| Net Land, buildings, and equipment | $95,359 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $583,962 |
| Total assets | $3,618,570 |
| Accounts payable and accrued expenses | $281,286 |
| Grants payable | $0 |
| Deferred revenue | $121,035 |
| 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 | $415,036 |
| Total liabilities | $817,357 |
| Net assets without donor restrictions | $2,737,272 |
| Net assets with donor restrictions | $63,941 |
| 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 | $3,618,570 |
Grants Awarded
Over the last fiscal year, Wailea Community Association has awarded $168,115 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MAUI FOOD BANK PURPOSE: SUPPORT | $15,000 |
UNIVERSITY OF HAWAII FOUNDATION PURPOSE: SUPPORT | $108,115 |
ALOHA UNITED WAY PURPOSE: SUPPORT | $15,000 |
AMERICAN RED CROSS OF HAWAII PURPOSE: SUPPORT | $15,000 |
HAWAII COMMUNITY FOUNDATION PURPOSE: SUPPORT | $15,000 |