Catholic Charities Housing Development Corporation
- Assets
- $6.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 02/2010
- Data as of
- 08/2021
- EIN
- 99-0352548
Organization Overview
Catholic Charities Housing Development Corporation is located in Honolulu, HI. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Charities 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 08/2021, Catholic Charities Housing Development Corporation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.5% each year . All expenses for the organization totaled $394.4k during the year ending 08/2021. While expenses have increased by 4.9% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AFFORDABLE HOUSING IN HAWAII.
Describe the Organization's Program Activity:
HARRY AND JEANETTE WEINBERG HALE HOALOHA - 12 UNIT APARTMENT COMPLEX PROVIDING AFFORDABLE RENTS TO FAMILIES AND INDIVIDUALS.
811 UNIVERSITY AVENUE - 12 UNIT APARTMENT COMPLEX PROVIDING AFFORDABLE RENTS TO SINGLE PARENTS.
KAHULUI LANI - 165 UNIT APARTMENT PROJECT PROVIDING AFFORDABLE RENTS TO SENIORS IN KAHULUI, MAUI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Magaoay Michael Board President | OfficerTrustee | 1 | $0 |
Weston Cori Board Vice President | OfficerTrustee | 1 | $0 |
Kobayashi Jr Paul Board Treasurer | OfficerTrustee | 1 | $0 |
Larson Betty Lou Board Secretary | OfficerTrustee | 1 | $0 |
Stack Richard Former Board President | OfficerTrustee | 1 | $0 |
Berthiaume Rene Board Member | Trustee | 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 | $60 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60 |
| Total Program Service Revenue | $339,130 |
| Investment income | $2 |
| 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 | $1,656,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $1,465 |
| Fees for services: Accounting | $6,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,464 |
| Advertising and promotion | $10 |
| Office expenses | $27 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $136,024 |
| 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 | $137,167 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $394,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,457,641 |
| Savings and temporary cash investments | $100,003 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,949 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,116,962 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $495,040 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,174,595 |
| Accounts payable and accrued expenses | $17,333 |
| 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 | $806,127 |
| Total liabilities | $823,460 |
| Net assets without donor restrictions | $3,195,358 |
| Net assets with donor restrictions | $2,155,777 |
| 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 | $6,174,595 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catholic Charities Housing Development Corporation has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Neighborhood House Assn San Diego, CA | $20,146,968 | $97,699,697 |
Sbcs Corporation Chula Vista, CA | $44,117,675 | $87,559,700 |
Bay Area Community Services Inc Oakland, CA | $30,842,402 | $71,014,541 |
Lift To Rise Palm Desert, CA | $10,036,798 | $56,799,508 |
Catholic Charities Of Santa Clara County San Jose, CA | $37,221,303 | $52,659,902 |
Farmlink Project Pacific Palisades, CA | $3,073,736 | $51,204,063 |
Catholic Charities Of Los Angeles Los Angeles, CA | $401,651,832 | $56,844,483 |
Catholic Charities Cyo Of The Archdiocese Of San Francisco San Francisco, CA | $54,010,844 | $49,179,176 |
Sacred Heart Community Service San Jose, CA | $20,973,707 | $49,147,758 |
Sea Change Foundation San Francisco, CA | $294,480,176 | $10,552,554 |
Fii - National Oakland, CA | $80,240,308 | $76,416,139 |
K To College Oakland, CA | $6,431,064 | $44,027,752 |