Hawaiian Community Assets Inc

Organization Overview

Hawaiian Community Assets Inc is located in Honolulu, HI. The organization was established in 2002. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Hawaiian Community Assets Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaiian Community Assets Inc 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 09/2021, Hawaiian Community Assets Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $2.2m during the year ending 09/2021. While expenses have increased by 10.3% 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

THE PURPOSE OF THE ORGANIZATION IS TO FOSTER THE DEVELOPMENT OF ECONOMIC OPPORTUNITIES FOR LOW AND MIDDLE INCOME FAMILIES AND PERSONS IN THE STATE OF HAWAII, INCLUDING NATIVE HAWAIIANS AND OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EDUCATION PROGRAMS OFFERING HOMEOWNERSHIP AND FINANCIAL LITERACY WORKSHOPS AS WELL AS COUNSELING FOR DEBT REDUCTION, CREDIT REPAIR AND SAVING FOR A DOWN PAYMENT AND CLOSING COSTS.


TO DEVELOP POLICY AND PRACTICE RECOMMENDATIONS TO INCREASE AFFORDABLE HOUSING STOCK.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Lahela Williams
Former Executive Director
$80,000
Jeff Gilbreath
Interim Executive Director
$77,083
Noelle Kai
President
$0
Delene Osorio
Treasurer
$0
Desiree Vea
Director
$0
Kui Meyer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$125,000
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,031,498
All other contributions, gifts, grants, and similar amounts not included above$1,044,872
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,201,370
Total Program Service Revenue$359,795
Investment income $457
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 $2,561,622

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Hawaiian Community Assets Inc has recieved totaling $1,170,488.

Awarding OrganizationAmount
Rural Community Assistance

West Sacramento, CA

PURPOSE: Housing Counseling

$238,379
Kresge Foundation

Troy, MI

PURPOSE: TO INCREASE THE CAPACITY OF AFFORDABLE HAWAII FOR ALL FELLOWS TO LEAD EFFORTS AT BOTH THE POLICY AND PRACTICE LEVEL TO FOSTER CHANGE IN THE LOCAL HOUSING MARKET, RESULTING IN MORE AFFORDABLE HOMES AND COMMUNITIES.

$200,000
The Harry & Jeanette Weinberg Foundation Inc

Owings Mills, MD

PURPOSE: TO SUPPORT A TECHNOLOGY PLATFORM THAT WILL PROVIDE RESPONSIVE, CULTURALLY APPROPRIATE FINANCIAL COACHING TO LOW- INCOME, UNDERBANKED AND UNBANKED NATIVE HAWAIIAN AND RURAL COMMUNITIES.

$150,000
Hmsa Foundation

Honolulu, HI

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.

$130,000
Aloha United Way Inc

Honolulu, HI

PURPOSE: GENERAL OPERATING GRANT

$125,599
Harold K L Castle Foundation

Kailua, HI

PURPOSE: WINDWARD OAHU HOMEOWNER UTILITY ASSISTANCE FUND [5436; PC]

$121,500
View Grant Recipient Profile

Create an account to unlock the data you need.

or