Economic Development Alliance Of Hawaii Inc

Organization Overview

Economic Development Alliance Of Hawaii Inc is located in Honolulu, HI. The organization was established in 1999. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Economic Development Alliance Of Hawaii 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, Economic Development Alliance Of Hawaii Inc generated $210.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (67.7%) each year. All expenses for the organization totaled $175.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (69.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN CHARITABLE AND EDUCATION ACTIVITIES TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE STATE OF HAWAII.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND SUPPORT THE ECONOMIC DEVELOPMENT AND WELFARE OF THE STATE OF HAWAII AND ITS COUNTIES BY (BUT NO LIMITED TO) PROVIDING FINANCIAL SUPPORT TO POTENTIAL NEW AND EXISTING BUSINESS/INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Jeanne Skog
Chair
$0
Nelson Lau
Vice Chair
$0
Cyd Miyashiro
Treasurer
$0
Gary Kai
Assistant Treasurer
$0
Jaqui Hoover
Secretary
$0
Michael Shibata
Hiedb Rep
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $125,000
All other contributions, gifts, grants, and similar amounts not included above$85,838
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$210,838
Total Program Service Revenue$0
Investment income $0
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 $210,838

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