Overview
What is Homestead Community Development Corporation?
The Homestead Community Development Corporation, based in Anahola, Hawaii, is a nonprofit organization dedicated to enhancing the well-being of communities within Hawaiian Home Lands. They achieve this by developing and operating community facilities such as community centers, farmers markets, and other resources. Their mission extends to affordable housing and economic development programs, fostering job opportunities and facilitating housing access. The corporation also provides capacity-building programs to support Homestead Associations across the state. Their primary objective is to promote economic development and empower Homestead Associations to own or manage community facilities and projects on Hawaiian Home Lands.
Official website here: www.hawaiianhomesteads.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
Homestead Community Development Corporation has received a strong rating of 86%, reflecting a solid performance in accountability and finance. This rating is derived from their score in various criteria, where they excelled in demonstrating a commitment to transparency and effective management of resources. The charity's board is fully independent, ensuring unbiased decision-making, and their financial statements are audited, which reinforces their credibility.
The organization shows a commendable program expense ratio of 83.82%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs. Furthermore, their liabilities to assets ratio of 36.15% suggests a stable financial position, allowing them to manage their obligations effectively. These strengths highlight their dedication to fulfilling their mission and serving their community.
While the data does not point out specific weaknesses, an overall three-star rating suggests there may be opportunities for improvement or areas where additional transparency could enhance their standing. Nonetheless, their strong financial practices and governance structure are positive indicators for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Homestead Community Development Corporation legitimate?
Homestead Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Community Development Corporation 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: $91,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $445,508
For more financial information, click here
Official website here: www.hawaiianhomesteads.org
What is the mission statement of Homestead Community Development Corporation?
The Homestead Community Development Corporation's mission is to foster the development of homestead projects and programs, promoting economic growth. This organization aims to enhance the capacity of homestead associations to own or manage community facilities and other projects on lands established under the Hawaiian Homes Commission Act. The corporation actively develops and operates community facilities such as community centers, farmers markets, and other facilities to enhance cultural experiences, economic opportunities, and access to services and resources on or near Hawaiian home lands. Additionally, it develops and operates affordable housing and economic development programs through community partnerships, creating jobs and assisting in housing access on or near Hawaiian home lands. The corporation also delivers capacity-building programs to support homestead associations statewide.
Official website here: www.hawaiianhomesteads.org
Who is the CEO of Homestead Community Development Corporation?
Robin Danner is the Ceo of Homestead Community Development Corporation. The CEO's salary of Homestead Community Development Corporation is $91,000 and their total compensation is $106,999.
Official website here: www.hawaiianhomesteads.org
What is the revenue of Homestead Community Development Corporation?
Homestead Community Development Corporation's revenue in 2022 was $2,514,935.
Official website here: www.hawaiianhomesteads.org
Who are the executives of Homestead Community Development Corporation and what are their salaries?
Here are 6 key members and their salaries (Homestead Community Development Corporation's CEO's salary is $91,000 and their total compensation is $106,999):
- Compensation: $91,000
- Related: $0
- Other: $15,999
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hawaiianhomesteads.org
Where can I find the form 990 for Homestead Community Development Corporation?
Homestead Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hawaiianhomesteads.org
Learn more at the official website: www.hawaiianhomesteads.org
Mission Statement of Homestead Community Development Corporation
Homestead Community Development Corporation's mission is centered around developing and facilitating the growth of various projects and programs that promote economic development within homestead associations. The corporation aims to enhance the capacity of these associations to own or operate community facilities and other projects located on lands established under the Hawaiian Homes Commission Act.
In pursuit of this mission, Homestead Community Development Corporation engages in several activities. They develop and operate community facilities, such as community centers, farmers markets, and other facilities, to advance cultural experiences, economic opportunities, and access to services and resources on or near Hawaiian home lands. Furthermore, the corporation initiates affordable housing and economic development programs through community partnerships. These collaborations create job opportunities and assist in accessing housing options for individuals living on or near Hawaiian home lands.
Additionally, Homestead Community Development Corporation delivers capacity-building programs to support homestead associations nationwide. These programs are designed to strengthen the associations' capabilities, thereby empowering them to contribute positively to their communities. By focusing on these initiatives, Homestead Community Development Corporation plays a pivotal role in fostering sustainable growth and development within homestead communities.
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Impact
October, 2024
Homestead Community Development Corporation significantly impacts the communities it serves by facilitating the development of projects that enhance economic growth and cultural experiences on Hawaiian Home Lands. By creating and managing community facilities such as community centers and farmers markets, it fosters access to essential services and resources, thereby promoting a vibrant and interconnected community.
The organization focuses on delivering affordable housing options and economic development programs that create jobs, enhancing the residents' ability to thrive. Through partnerships with various stakeholders, it ensures that homestead associations have the necessary support to build their capacity to own and operate community facilities. This empowerment helps cultivate a sense of ownership and responsibility within the community.
Moreover, the capacity-building programs provided support Hawaii’s homestead associations statewide, ensuring they are equipped to drive their initiatives forward. Overall, the work of Homestead Community Development Corporation not only addresses immediate needs but also lays a foundation for long-term sustainability and community resilience.
This information is meant to be a general summary of Homestead Community Development Corporation. 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: $4,932
- Program Service Revenue: $1,315,453
- Gross Receipts: $2,514,935
Assets and Liabilities:
- Total Assets: $3,755,135
- Total Liabilities: $1,422,701
- Net Assets: $2,332,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,315,453
Organization Details
Founding Year
2009
Phone
(808) 596-8155Principal Officer
Robin Danner
Main Address
PO BOX 646, ANAHOLA, HI, 96703
Website
www.hawaiianhomesteads.orgNTEE Category
Code: P20 - Human services
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