Pacific Basin Development Council
- Assets
- $405.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/1980
- EIN
- 99-0200547
Organization Overview
Pacific Basin Development Council is located in Honolulu, HI. The organization was established in 1980. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Pacific Basin Development Council 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 undefined, Pacific Basin Development Council generated $94.6k 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 (6.0%) each year. All expenses for the organization totaled $117.4k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 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
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE SOCIOECONOMIC DEVELOPMENT IN THE REGIONS OF AMERICAN SAMOA, NORTHERN MARIANA ISLANDS, GUAM, AND THE STATE OF HAWAII.
Describe the Organization's Program Activity:
Part 3
TO IDENTIFY & ASSESS THE ECONOMIC & SOCIAL DEVELOPMENT NEEDS OF THE PACIFIC ISLANDS WITH SPECIAL ATTENTION DIRECTED TO THE MEMBER ENTITIES(AFPI). ALSO, TO EXAMINE VARIOUS REGIONAL DEVELOPMENT STRATEGIES.
TO INCREASE ECONOMIC DEVELOPMENT & DIVERSIFICATION FOR THE ISLANDS BY WORKING WITH THE CHIEF EXECUTIVE OFFICERS TO ATTRACT NEW INDUSTRIES INTO THE AREAS OF THE AFPI (AMERICAN FLAGED PACIFIC ISLANDS: GUAM, SAMOA, HAWAII, & THE NORTHERN MARIANA ISLANDS.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gov Eddie B Calvo President | 1 | $0 | |
Gov Lolo Moliga Director | 1 | $0 | |
Gov Ralph Dlg Torres Director | 1 | $0 | |
Gov David Ige Director | 1 | $0 | |
Esther Kia'aina Executive Director | 40 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,000 |
| Investment income | $3,569 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,569 |
| Statement of Expenses | |
|---|---|
| Total expenses | $117,353 |
| Balance Sheet | |
|---|---|
| Total assets | $405,156 |
| Total liabilities | $390,169 |
| Net assets or fund balances | $14,987 |