Hale Makua Foundation
- Assets
- $5.5m
- Revenue
- $654.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Kaneohe, HI
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 99-0302635
Organization Overview
Hale Makua Foundation is located in Kaneohe, HI. The organization was established in 1993. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Hale Makua 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 12/2021, Hale Makua Foundation generated $654.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $18.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.2%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HALE MAKUA FOUNDATION MANAGES ALL OF HALE MAKUA FOUNDATION'S INVESTMENTS AND PROVIDES SUPPORT TO HALE MAKUA HEALTH SERVICES. THE MAJORITY OF HALE MAKUA HEALTH SERVICE RESIDENTS ARE MEDICAID RECIPIENTS, WHICH IS A FEDERAL PROGRAM TO AID THE AGED, BLIND, AND DISABLED WITH MEDICAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
509(A)(3) SUPPORTING CONTRIBUTION MADE TO HALE MAKUA HEALTH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Kulp Vice Chair | OfficerTrustee | 1 | $0 |
Wesley P Lo Chief Execut | OfficerTrustee | 1 | $0 |
Gayle Long Chairman Of | OfficerTrustee | 2 | $0 |
Judy Mccorkle Secretary | OfficerTrustee | 1 | $0 |
Guy Muraoka Treasurer | OfficerTrustee | 1 | $0 |
Suanne Morikuni Chief Financ | Officer | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $43,761 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $611,031 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $654,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,211 |
| 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. | $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 | $11,291 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $18,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,430 |
| Savings and temporary cash investments | $500,101 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $566,202 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,461,395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,530,128 |
| Accounts payable and accrued expenses | $1,932 |
| 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 | $0 |
| Total liabilities | $1,932 |
| Net assets without donor restrictions | $4,998,402 |
| Net assets with donor restrictions | $529,794 |
| 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 | $5,530,128 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hale Makua Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Jeanne And Jim Riley Foundation Paia, HI PURPOSE: GENERAL GRANT | $1,000 |
Endowment Analysis
| Beg. Balance | $535,873 |
| Earnings | $1,132 |
| Ending Balance | $537,005 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Funders Group Berkeley, CA | $23,826,861 | $25,307,328 |
United Way Of Monterey County Monterey, CA | $13,516,071 | $8,095,454 |
Americas Best Charities San Rafael, CA | $10,646,936 | $7,386,195 |
United Way Of San Diego County San Diego, CA | $15,586,637 | $8,439,082 |
United Way Of Northern California Redding, CA | $4,668,549 | $4,887,789 |
Northern California Grantmakers San Francisco, CA | $6,839,491 | $6,676,722 |
Jewish Federation Of San Diego County San Diego, CA | $21,912,767 | $5,847,982 |
San Diego Christian Foundation Inc San Diego, CA | $2,448,206 | $5,369,713 |
Jewish Federation And Family Services Of Orange County Irvine, CA | $13,584,328 | $5,181,457 |
Irving I Moskowitz Foundation Hawaiian Gardens, CA | $48,635,959 | $3,252,749 |
United Way Of Santa Cruz County Capitola, CA | $1,184,373 | $3,816,942 |
United Way Of Kern County Inc Bakersfield, CA | $1,772,653 | $3,190,166 |