Steadfast Housing Development Corporation
- Assets
- $5.3m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 100
- Location
- Honolulu, HI
- Founding
- 09/1993
- Data as of
- 06/2022
- EIN
- 99-0272190
Organization Overview
Steadfast Housing Development Corporation is located in Honolulu, HI. The organization was established in 1993. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Steadfast Housing Development Corporation employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steadfast Housing Development Corporation 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, Steadfast Housing Development Corporation generated $6.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING AND EMPLOYMENT OPPORTUNITIES TO PERSONS WITH SERIOUS AND PERSISTENT MENTAL ILLNESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED HOUSING PROGRAM: PROVIDES ASSISTANCE IN FINDING HOUSING FOR MENTALLY DISABLED AND LOW INCOME PERSONS. APPROXIMATELY 277 CLIENTS WERE SERVED.
PROVIDE OTHER HOUSING SERVICES, JOB TRAINNG & EMPLOYMENT OPPORTUNITIES TO PERSONS WITH MENTAL ILLNESSES.
24 HOUR GROUP HOME SERVICE PROGRAM: PROVIDES HOUSING, DAILY LIVING TRAINING AND SUPPORT FOR MENTALLY DISABLED AND LOW INCOME PERSONS. APPROXIMATELY 126 CLIENTS WERE SERVED.
SEMI-INDEPENDENT LIVING PROGRAM: PROVIDES SEMI-INDEPENDENT GROUP LIVING AND SUPPORT SERVICES FOR CONSUMERS WHO REQUIRED MINIMAL SUPERVISION ON DAY TO DAY BASIS. APPROXIMATELY 124 CLIENTS WERE SERVED.
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 |
|---|---|---|---|
Colette M Sakoda President | OfficerTrustee | 0.3 | $0 |
Ryan Yamane Vice President | OfficerTrustee | 0.3 | $0 |
Peter Yanagawa Treasurer & Secretary | OfficerTrustee | 0.3 | $0 |
Suzanne Nj Chun-Oakland Director | Trustee | 0.3 | $0 |
Dr Keith Pedro Director | Trustee | 0.3 | $0 |
Audrey Awaya Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,328,690 |
| 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 | $5,328,690 |
| Total Program Service Revenue | $755,158 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,230 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,137,845 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,241,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $190,890 |
| Compensation of current officers, directors, key employees. | $22,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,171,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $627,889 |
| Payroll taxes | $214,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,513 |
| 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 | $163,229 |
| Advertising and promotion | $3,465 |
| Office expenses | $36,981 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $424,075 |
| Travel | $41,144 |
| 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 | $96,015 |
| Insurance | $49,342 |
| All other expenses | $56,785 |
| Total functional expenses | $6,669,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $804,851 |
| Pledges and grants receivable | $1,341,528 |
| Accounts receivable, net | $67,792 |
| 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 | $142,933 |
| Net Land, buildings, and equipment | $207,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,702,219 |
| Total assets | $5,266,859 |
| Accounts payable and accrued expenses | $89,521 |
| Grants payable | $0 |
| Deferred revenue | $24,169 |
| 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 | $45,795 |
| Total liabilities | $159,485 |
| Net assets without donor restrictions | $5,107,374 |
| 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 | $5,266,859 |