Hemic Foundation
- Assets
- $88.9k
- Revenue
- $209.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- Data as of
- 12/2022
- EIN
- 84-4070304
Organization Overview
Hemic Foundation is located in Honolulu, HI. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hemic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Hemic Foundation has awarded 103 individual grants totaling $302,859. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR OVER 20 YEARS, HAWAII EMPLOYERS' MUTUAL INSURANCE COMPANY (HEMIC) HAS SUPPORTED LOCAL CAUSES AND CHARITIES BECAUSE WE'VE ALWAYS BELIEVED IT'S OUR KULEANA TO GIVE BACK TO THE COMMUNITY. TO FURTHER THIS MISSION, THE HEMIC FOUNDATION WAS CREATED TO SUPPORT OUR CHARITABLE EFFORTS STATEWIDE AND TO MAKE AN EVEN GREATER IMPACT. IN 2022 WE SUPPORTED 41 ORGANIZATIONS BY PROVIDING GENERAL PURPOSE SUPPORT IN THE AMOUNT OF 125,384.(SEE PART XIV FOR DETAILS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faye Bueno President | 30 | $0 | |
Tammy Teixeira V. Pres. | 32 | $0 | |
Paul Naso Sec./treas. | 9 | $0 | |
Martin Welch Director | 20 | $0 | |
Jason Yoshimi Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,618 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $97,831 |
| Total Revenue | $209,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,039 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,306 |
| Total operating and administrative expenses | $46,010 |
| Contributions, gifts, grants paid | $125,384 |
| Total expenses and disbursements | $171,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,897 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $88,897 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hemic Foundation has awarded $125,384 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL PURPOSE SUPPORT | $150 |
HAWAII FAMILY SERVICES INC PURPOSE: GENERAL PURPOSE SUPPORT | $300 |
ARTHRITIS FOUNDATION OF HAWAII PURPOSE: GENERAL PURPOSE SUPPORT | $45,000 |
AMERICAN DIABETES ASSOCIATION PURPOSE: GENERAL PURPOSE SUPPORT | $1,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL PURPOSE SUPPORT | $1,500 |
ASSOCIATION OF FUNDRAISING PURPOSE: GENERAL PURPOSE SUPPORT | $2,500 |