Hawaii Island Community Development Corporation

Organization Overview

Hawaii Island Community Development Corporation is located in Hilo, HI. The organization was established in 1991. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Hawaii Island Community Development Corporation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Island Community Development Corporation 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 12/2021, Hawaii Island Community Development Corporation generated $1.2m 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 (8.6%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. 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

HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION WAS ESTABLISHED ON JULY 7, 1986 TO PROVIDE FAMILIES WITH LOW AND MODERATE INCOME WITH ADEQUATE HOUSING AND TO ACQUIRE, CONSTRUCT, AND PROVIDE HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELIGIBLE OCCUPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HICDC HAS BEEN DEVELOPING SELF HELP HOUSING SINCE 1992. THROUGH 2021, HICDC COMPLETED 361 HOMES FOR LOW-INCOME FAMILIES ALMOST ALL OF WHICH ARE ON THE ISLAND OF HAWAII. HICDC ALSO WORKED WITH FAMILIES TO CLOSE 10 USDA RURAL DEVELOPMENT 502 LOANS FOR THE HPP7 PROJECT.


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Mccomber
Chief Of Operations
$133,500
Jan Makanani
Chief Financial Officer
$104,146
Keith Kato
Executive Director
$76,800
Guido Giacometti
President
$0
John Ray
Vice President
$0
Nancy Crawford
Secty/treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$118,400
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$118,400
Total Program Service Revenue$1,037,173
Investment income $3,170
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $30,966
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 $1,228,509

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hawaii Island Community Development Corporation has recieved totaling $374,767.

Awarding OrganizationAmount
Hau Oli Mau Loa Foundation

Honolulu, HI

PURPOSE: TO CONSTRUCT AFFORDABLE SELF-HELP HOMES FOR QUALIFIED LOW INCOME FAMILIES

$374,767
View Grant Recipient Profile

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