Retail Merchants Of Hawaii Inc
- Assets
- $217.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Honolulu, HI
- Founding
- 11/1994
- Data as of
- 06/2023
- EIN
- 99-0314321
Organization Overview
Retail Merchants Of Hawaii Inc is located in Honolulu, HI. The organization was established in 1994. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retail Merchants Of Hawaii Inc 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 06/2023, Retail Merchants Of Hawaii Inc generated $166.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $177.0k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELFARE OF THE RETAIL INDUSTRY, TO PROVIDE INFORMATION AND TRAINING TO ADVANCE THE INTERESTS OF THE RETAIL INDUSTRY, AND TO SERVE AS AN ADVOCATE FOR THE RETAIL INDUSTRY IN BOTH THE GOVERNMENTAL AND THE BUSINESS COMMUNITIES
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SEMINARS: TRAINING PROGRAMS TO APPRISE THE RETAIL INDUSTRY OF LATEST TECHNOLOGY, BEST PRACTICES, AND REGULATORY ISSUES.
OTHER PROGRAM SERVICES INCLUDE LOBBYING, SEMINARS, WORKSHOPS, SPECIAL EVENTS, SOCIAL MIXERS AND INDIRECT PROGRAM SERVICES EXPENSES.
ANNUAL MEMBERSHIP MEETING: AS REQUIRED BY THE BY-LAWS, THE ANNUAL MEMBERSHIP MEETING CONVENED FOR THE PURPOSE OF ELECTING THE BOARD OF DIRECTORS.
HO'OKELA: THE RMH ANNUAL CONFERENCE IS THE LARGEST AND MOST IMPORTANT EVENT FOR THE RETAIL INDUSTRY. IT HONORS RETAIL COMPANIES THAT EXCEL IN BUSINESS AND COMMUNITY SERVICE THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Yamaki President | 40 | $93,081 | |
Julie Plant Chairperson | 0.2 | $0 | |
Tracy Ide Director | 0.2 | $0 | |
Darcy Lindamood Chair Elect | 0.2 | $0 | |
Jody Mukaigawa Treasurer | 0.2 | $0 | |
Keali'i Haverly Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,800 |
| Membership dues | $97,733 |
| Investment income | $599 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,290 |
| Other Revenue | $0 |
| Total Revenue | $166,422 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $116,015 |
| Professional fees and other payments to independent contractors | $15,037 |
| Occupancy, rent, utilities, and maintenance | $2,645 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,304 |
| Total expenses | $177,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,044 |
| Other assets | $0 |
| Total assets | $217,044 |
| Total liabilities | $2,158 |
| Net assets or fund balances | $214,886 |