Lokahi Pacific

Organization Overview

Lokahi Pacific is located in Wailuku, HI. The organization was established in 1974. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Lokahi Pacific employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lokahi Pacific 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 06/2021, Lokahi Pacific generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 37.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND EXPAND OPPORTUNITIES AVAILABLE TO LOW-INCOME INDIVIDUALS TO OWN, MANAGE, OPERATE AND GAIN EMPLOYMENT IN BUSINESS ENTERPRISES; TO PROVIDE LOW-INCOME AND PHYSICALLY AND MENTALLY DISADVANTAGED INDIVIDUALS WITH HOUSING FACILITIES SPECIALLY DESIGNED TO MEET THEIR NEEDS; TO ASSIST LOW-INCOME INDIVIDUALS BY PROVIDING DOWN PAYMENTS FOR THE PURCHASE OF A SINGLE FAMILY RESIDENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTED IN THE DEVELOPMENT OF AFFORDABLE HOUSING IN MAUI.


LOKAHI PACIFIC PROVIDED SUPPORT FOR ALL AFFILIATED ORGANIZATIONS.


THE DIRECT LOAN PROGRAM PROVIDED FINANCIAL ASSISTANCE TO SMALL BUSINESSES OPERATING IN MAUI COUNTY AND NEIGHBORING ISLANDS.


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Board, Officers & Key Employees

Name (title)Compensation
Regina S Thieman
Executive Di
$75,916
Scott Hal Smith Pa-C
Secretary
$0
Mark D Reck
Chairman
$0
Reynold Butch M Gima
Vice-Chair
$0
Greg Knue
Treasurer
$0
Jeffrey Ellison
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $888,408
All other contributions, gifts, grants, and similar amounts not included above$88,985
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$977,393
Total Program Service Revenue$187,924
Investment income $23
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 $1,182,393

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lokahi Pacific has recieved totaling $26,500.

Awarding OrganizationAmount
Donald W & Margaret M Anderson Foundation

Long Lake, MN

PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION

$25,000
Na Hoaloha O Kaaina Ltd

Lahaina, HI

PURPOSE: FESTIVALS OF ALOHA

$1,500
View Grant Recipient Profile

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