Hawaii Community Builders
- Assets
- $3.4m
- Revenue
- $242.0
- Investments
- $1.5m
- Employees
- 2
- Location
- Hilo, HI
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 30-0092836
Organization Overview
Hawaii Community Builders is located in Hilo, HI. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Hawaii Community Builders employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Community Builders 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, Hawaii Community Builders generated $242.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (53.3%) each year. All expenses for the organization totaled $189.8k during the year ending 12/2021. 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
HAWAII COMMUNITY BUILDERS IS A NOT FOR PROFIT ORGANIZATION ESTABLISHED IN 2003 TO PROMOTE BETTER LIVING CONDITIONS FOR LOW AND VERY LOW INCOME FAMILIES RESIDING IN THE STATE OF HAWAII.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ASSISTED WITH THE DEVELOPMENT OF LOW COST HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Kato Executive Director | OfficerTrustee | 20 | $130,000 |
Ross Wilson Director | OfficerTrustee | 0.5 | $0 |
John Ray President | OfficerTrustee | 1 | $0 |
Richard Ha Vice President | OfficerTrustee | 1 | $0 |
Virginia Goldstein Secretary/treasurer | OfficerTrustee | 1 | $0 |
Guido Giacometti Director | Trustee | 0.5 | $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 | $242 |
| 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 | $242 |
| 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 | $130,000 |
| Other salaries and wages | $28,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,140 |
| Payroll taxes | $12,093 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $900 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,920 |
| 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 | $519 |
| Insurance | $607 |
| All other expenses | $0 |
| Total functional expenses | $189,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $721,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,188,961 |
| 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 | $243 |
| Net Land, buildings, and equipment | $1,211 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,534,530 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,446,512 |
| Accounts payable and accrued expenses | $46 |
| 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 | $46 |
| Net assets without donor restrictions | $3,446,466 |
| 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 | $3,446,512 |
Endowment Analysis
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