Coalition For Specialized Housing
- Assets
- $12.1m
- Revenue
- $426.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 99-0272581
Organization Overview
Coalition For Specialized Housing is located in Honolulu, HI. The organization was established in 1994. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coalition For Specialized Housing 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, Coalition For Specialized Housing generated $426.6k 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 (17.6%) each year. All expenses for the organization totaled $149.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW COST HOUSING FOR INDIVIDUAL SENIOR CITIZENS AND OTHERS ON LOW INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. PROMOTE THROUGH EDUCATIONAL AND CHARITABLE ACTIVITIES THE PROVISION OF AFFORDABLE HOUSING FOR THE PEOPLE OF HAWAII; AND 2. RAISE FUNDS, ACQUIRE, DEVELOP AND OPERATE SAFE DECENT HOUSING AT REASONABLE RENTS FOR LOW-INCOME ELDERLY, LOW-INCOME FAMILIES OR INDIVIDUALS, LOW-INCOME PERSONS WHO HAVE DISABILITIES, AND HANSEN'S DISEASE PATIENTS IN THE STATE OF HAWAII.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wally Inglis President | OfficerTrustee | 5 | $0 |
Janell A Israel Treasurer | OfficerTrustee | 5 | $0 |
Carswell Ross Vice President | OfficerTrustee | 3 | $0 |
Jeffery Emerson Secretary | OfficerTrustee | 5 | $0 |
Sabina Swift Director | Trustee | 1 | $0 |
Carol Murry Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $324,172 |
| Investment income | $110,044 |
| 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 | $426,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,112 |
| All other expenses | $0 |
| Total functional expenses | $149,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,892 |
| Savings and temporary cash investments | $1,246,049 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,275,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,479,737 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $799 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $666,458 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,083,575 |
| Accounts payable and accrued expenses | $29,424 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $257,659 |
| Total liabilities | $287,083 |
| Net assets without donor restrictions | $11,796,492 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,083,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Front Porch Communities Operating Group Llc Glendale, CA | $0 | $63,438,130 |
Kahala Senior Living Community Inc Honolulu, HI | $275,964,895 | $44,365,985 |
Humangood Fresno Duarte, CA | $99,958,177 | $30,814,211 |
Humangood Nevada Duarte, CA | $70,139,943 | $27,024,940 |
Humangood Idaho Duarte, CA | $92,297,372 | $17,990,575 |
Asian Pacific Health Care Venture Inc Los Angeles, CA | $31,429,576 | $29,795,515 |
Hollenbeck Palms Los Angeles, CA | $91,601,425 | $22,351,666 |
899 Charleston Palo Alto, CA | $143,487,864 | $17,017,896 |
Bay Area Senior Services Inc San Mateo, CA | $56,248,028 | $16,762,634 |
Midpen Property Management Corporation Foster City, CA | $4,229,808 | $16,638,795 |
Casa La Merced Inc C/O Falkenberg/Gilliam & Associates Pasadena, CA | $0 | $52,026 |
Scott Street Senior Housing Complex Incorporated San Francisco, CA | $43,555,702 | $18,828,763 |