Nippon Club Of Hawaii is located in Honolulu, HI. The organization was established in 2018. 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. Nippon Club Of Hawaii 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 09/2023, Nippon Club Of Hawaii generated $56.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $54.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. 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 Program Activity:
Part 3
THE ORGANIZATION SPONSORED MONTHLY ACTIVITIES DESIGNED TO INFORM AND EDUCATE ITS MEMBERS REGARDNG MATTERS OF INTEREST REGARDING INTERNATIONAL BUSINESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yukiharu Sekiguchi President | 2 | $0 | |
Hidenori Yui Vice President | 2 | $0 | |
Keita Hirashima Auditor | 2 | $0 | |
Maiko Nakano Treasurer | 2 | $0 | |
Takashi Suzuki Secretary | 2 | $0 | |
Yasuhiko Ishikawa Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,255 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,255 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,047 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,450 |
| Total expenses | $54,497 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,971 |
| Other assets | $0 |
| Total assets | $61,971 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,971 |