Hmsa Foundation
- Assets
- $19.1m
- Revenue
- $1.0m
- Investments
- $13.2m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 99-0250429
Organization Overview
Hmsa Foundation is located in Honolulu, HI. The organization was established in 1998. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hmsa Foundation 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 12/2022, Hmsa Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $931.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hmsa Foundation has awarded 140 individual grants totaling $20,904,704. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mugiishi President | 1 | $0 | |
Gina L Marting Treasurer/secretary | 1 | $0 | |
Michael Broderick Director | 1 | $0 | |
Helen Cox Director | 1 | $0 | |
Kenneth Nakamura Director | 1 | $0 | |
Richard Taaffe Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $508,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $501,711 |
| Capital Gain Net Income | $501,711 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $465 |
| Total Revenue | $1,011,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $152,394 |
| Pension plans, employee benefits | $8,278 |
| Interest | $0 |
| Taxes | $15,308 |
| Depreciation | $0 |
| Occupancy | $206 |
| Travel, conferences, and meetings | $229 |
| Printing and publications | $0 |
| Other expenses | -$263,221 |
| Total operating and administrative expenses | -$28,143 |
| Contributions, gifts, grants paid | $959,476 |
| Total expenses and disbursements | $931,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,463,294 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $19,860 |
| 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 | $453,659 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $13,171,773 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,108,586 |
| Accounts payable and accrued expenses | $69,477 |
| Grants payable | $5,335,436 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $18,197 |
| Total liabilities | $5,423,110 |
Grants Awarded
Over the last fiscal year, Hmsa Foundation has awarded $7,705,633 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY PROMISE OF HAWAII PURPOSE: TO HELP HOMELESS AND LOW-INCOME FAMILIES IN HAWAII ACHIEVE SUSTAINABLE INDEPENDENCE BY MOBILIZING EXISTING COMMUNITY RESOURCES AND SUPPORT. | $15,000 |
FIVE MOUNTAINS HAWAII PURPOSE: PROVIDE BIO-PSYCHO-SOCIAL SERVICES TO ADDRESS THE DISPARITIES THAT EXIST AMONG NORTH HAWAII NATIVE HAWAIIANS AND THEIR FAMILY. | $100,000 |
HAWAII HEALTH AND HARM REDUCTION CENTER PURPOSE: REDUCING THE HARM AND FIGHTING THE STIGMA OF HIV, HEPATITIS, HOMELESSNESS, SUBSTANCE USE, MENTAL ILLNESS, AND POVERTY IN OUR COMMUNITY. | $15,000 |
HAWAII IMMUNIZATION COALITION PURPOSE: WORKING TO ENSURE ALL OF HAWAII'S FAMILIES ARE APPROPRIATELY VACCINATED AGAINST VACCINE-PREVENTABLE DISEASES. | $5,000 |
HAWAII INSTITUTE OF PACIFIC AGRICULTURE PURPOSE: MISSION TO PRACTICE AND TEACH REGENERATIVE AGRICULTURAL EDUCATION PROGRAMS. VISION HEAL AND INSPIRE HAWAII THROUGH RESILIENT AGRICULTURE EDUCATION. | $15,000 |
HAWAIIAN COMMUNITY ASSETS INC PURPOSE: BUILD THE CAPACITY OF LOW- AND MODERATE-INCOME COMMUNITIES TO ACHIEVE AND SUSTAIN ECONOMIC SELF-SUFFICIENCY WITH A PARTICULAR FOCUS ON NATIVE HAWAIIANS THROUGH MORTGAGE LENDING PROGRAMS; MICRO-LOANS, HOMEOWNERSHIP ASSET BUILDING, AND FINANCIAL EDUCATION; AND TRAINING FOR TRANSITIONAL HOUSING AND COMMUNITY BASED ORGANIZATIONS EDUCATION AND FINANCIAL INSTITUTIONS AND GOVERNMENT ENTITIES. | $65,000 |