Overview
What is Housing And Land Enterprise Of Maui?
Housing And Land Enterprise Of Maui is a nonprofit organization situated in Wailuku, Hawaii, with a focus on providing housing opportunities and preserving the affordability of housing for low to moderate income individuals. During the 2021 tax year, they acquired and rehabilitated abandoned and foreclosed single-family homes and constructed new ones for qualified households. The organization's mission is to secure and maintain a permanent supply of affordable housing alternatives for families in Maui County. They operate under the name "Na Hale o Maui" and are committed to making a lasting impact on the community by enhancing housing accessibility for those in need.
Official website here: www.nahaleomaui.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Housing and Land Enterprise of Maui has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well on board independence, with 100% of its board members being independent, and shows strong governance practices by maintaining several important policies, including conflict of interest and whistleblower policies.
The organization also stands out with a favorable liabilities to assets ratio of 0.36%, reflecting solid financial stability. Additionally, a program expense ratio of 65.05% suggests that a significant portion of its expenditures is directed towards its mission-related activities, which is a positive sign for potential donors.
However, while the overall rating is commendable, there may be areas for improvement in financial metrics such as the program expense ratio, which could be enhanced to further boost the organization's impact and financial efficiency. Overall, the organization demonstrates a solid foundation of good governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Housing And Land Enterprise Of Maui legitimate?
Housing And Land Enterprise Of Maui is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing And Land Enterprise Of Maui submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $106,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,483
For more financial information, click here
Official website here: www.nahaleomaui.org
What is the mission statement of Housing And Land Enterprise Of Maui?
The Housing and Land Enterprise of Maui's mission is centered around securing and preserving a long-term supply of affordable housing alternatives for low and moderate-income households. The organization strives to provide opportunities and maintain the quality and affordability of housing for these income groups. During the 2021 tax year, they took action by acquiring and rehabilitating abandoned and foreclosed single-family homes, as well as building new homes for qualified low and moderate-income households.
Official website here: www.nahaleomaui.org
Who is the CEO of Housing And Land Enterprise Of Maui?
Dawn Derego is the President (Thru 7/21) of Housing And Land Enterprise Of Maui.
Official website here: www.nahaleomaui.org
What is the revenue of Housing And Land Enterprise Of Maui?
Housing And Land Enterprise Of Maui's revenue in 2022 was $558,984.
Official website here: www.nahaleomaui.org
Who are the executives of Housing And Land Enterprise Of Maui and what are their salaries?
There 64 volunteers at Housing And Land Enterprise Of Maui.
Here are 12 key members and their salaries:
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- Compensation: $107,555
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- Other: $3,379
Official website here: www.nahaleomaui.org
Where can I find the form 990 for Housing And Land Enterprise Of Maui?
Housing And Land Enterprise Of Maui's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nahaleomaui.org
Learn more at the official website: www.nahaleomaui.org
Mission Statement of Housing And Land Enterprise Of Maui
Housing and Land Enterprise of Maui is committed to securing and preserving a permanent supply of affordable housing alternatives for low and moderate-income households in Maui County. The organization's mission is to provide opportunities and maintain the quality and affordability of housing for these income groups. During the 2021 tax year, Housing and Land Enterprise of Maui took action by acquiring and rehabilitating abandoned and foreclosed single-family homes, as well as building new single-family homes for qualified low and moderate-income households. This initiative aimed to address the housing needs of these income groups, ensuring they have access to affordable housing options.
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Impact
July, 2024
Housing And Land Enterprise Of Maui has a significant impact on Maui County by securing and preserving a permanent supply of affordable housing alternatives for low and moderate-income households. Through their activities in acquiring and rehabilitating abandoned and foreclosed single-family homes, as well as building new homes for qualified individuals, the organization actively works towards providing opportunities and maintaining the quality and affordability of housing for those in need. Their efforts contribute to addressing the housing challenges faced by low to moderate-income households in Maui County, helping to improve overall quality of life and stability for these individuals and families.
This information is meant to be a general summary of Housing And Land Enterprise Of Maui. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,489
- Program Service Revenue: $25,364
- Gross Receipts: $1,135,850
Assets and Liabilities:
- Total Assets: $10,109,567
- Total Liabilities: $36,870
- Net Assets: $10,072,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUND LEASE FEES
Revenue
$25,364
Organization Details
Founding Year
2006
Phone
(808) 244-6110Principal Officer
Dawn Derego
Main Address
190 NORTH CHURCH STREET, WAILUKU, HI, 96793
Website
www.nahaleomaui.orgNTEE Category
Code: L20 - Housing
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