Ka Hale A Ke Ola Homeless Resource Centers Inc
- Assets
- $25.3m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 69
- Location
- Wailuku, HI
- Founding
- 04/1993
- Data as of
- 12/2022
- EIN
- 99-0301740
Organization Overview
Ka Hale A Ke Ola Homeless Resource Centers Inc is located in Wailuku, HI. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Ka Hale A Ke Ola Homeless Resource Centers Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ka Hale A Ke Ola Homeless Resource Centers 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 12/2022, Ka Hale A Ke Ola Homeless Resource Centers Inc generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $7.8m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A HOMELESS RESOURCE CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELTER OPERATIONS - THE PROGRAM PROVIDES EMERGENCY AND TRANSITIONAL SHELTER TO HOMELESS INDIVIDUALS AND FAMILIES ON MAUI. HALE MAKANA PROVIDES PERMANENT AFFORDABLE HOUSING TO RESIDENTS IN THE COMMUNITY.EFFECTIVE JANUARY 1, 2015, KHAKO ACQUIRED HALE MAKANA O'WAIALE RENTAL PROJECT, WHICH IS A 200-UNIT MULTIFAMILY APARTMENT COMPLEX LOCATED IN WAILUKU, HAWAII, INTENDED FOR RENTAL TO INDIVIDUALS OR FAMILIES WITH INCOME BELOW 50% OF THE COUNTY OF MAUI'S MEDIAN GROSS INCOME LEVELS.
HOUSING FOCUSED EDUCATION, PROGRAMS, AND SOCIAL SERVICES - THE PROGRAM PROVIDED A SERIES OF LIFE-SKILL CLASSES DESIGNED TO BREAK THE CYCLE OF HOMELESSNESS: CLASSES INCLUDE BUDGETING, DWELLING UNIT CLEANLINESS AND UPKEEP, AND CHILDREN SERVICES (TO INCREASE SELF-ESTEEM, COMMUNITY BUILDING AND EDUCATIONAL RIGHTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Rasmussen Board Chair | OfficerTrustee | 0.5 | $0 |
Doug Wright Board Vice Chair | OfficerTrustee | 0.5 | $0 |
Alec Mcbarnet Jr Treasurer | OfficerTrustee | 0.5 | $0 |
Steve Miller Secretary | OfficerTrustee | 0.5 | $0 |
Michael Victorino Director | Trustee | 0.5 | $0 |
Cathy Bio Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mpi Security & Patrol Svc Security Service | 12/30/22 | $175,898 |
Pacific Asphalt & Maintenance General Contractor | 12/30/22 | $164,998 |
Big Island Construction Services General Contractor | 12/30/22 | $126,530 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,600,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,612,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,212,783 |
| Total Program Service Revenue | $2,953,808 |
| Investment income | $43,811 |
| 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 | $12,795,831 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $595,458 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $253,495 |
| Compensation of current officers, directors, key employees. | $72,512 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,910,731 |
| Pension plan accruals and contributions | $62,687 |
| Other employee benefits | $388,852 |
| Payroll taxes | $192,534 |
| 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 | $564,086 |
| Advertising and promotion | $15,446 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,177,376 |
| Travel | $10,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,490 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,553,604 |
| Insurance | $340,901 |
| All other expenses | $45,789 |
| Total functional expenses | $7,844,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,637 |
| Savings and temporary cash investments | $2,913,582 |
| Pledges and grants receivable | $111,103 |
| Accounts receivable, net | $128,341 |
| 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 | $94,581 |
| Net Land, buildings, and equipment | $13,743,110 |
| Investments—publicly traded securities | $7,303,646 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $487,118 |
| Total assets | $25,338,118 |
| Accounts payable and accrued expenses | $533,582 |
| Grants payable | $0 |
| Deferred revenue | $1,700,000 |
| 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 | $7,255,002 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $373,530 |
| Total liabilities | $9,862,114 |
| Net assets without donor restrictions | $15,476,004 |
| 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 | $25,338,118 |