Overview
What is Kunia Village Development Corporation?
Kunia Village Development Corporation is a nonprofit organization based in Kunia, Hawaii. Their primary mission is to provide affordable housing solutions for agricultural workers. In collaboration with an affiliate of Rural Community Assistance Corporation, a California-based nonprofit, they aim to renovate or replace existing agricultural worker housing through the establishment of a Hawaii Limited Partnership and the utilization of tax credits for affordable housing developments. The organization's activities are focused on providing low-income rental housing for agricultural workers, contributing to the well-being and stability of this vital workforce in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Kunia Village Development Corporation has received a commendable score of 86%, indicating a solid performance in accountability and finance. This rating reflects a strong emphasis on maintaining high standards in financial management and governance, essential for fostering donor trust and transparency.
The organization stands out with a 100% program expense ratio, demonstrating that all its resources are directed towards its programs and initiatives. With a majority of independent board members, it showcases a commitment to effective oversight and governance. Additionally, it has a robust conflict of interest policy and thorough documentation of board meeting minutes, further enhancing its accountability.
However, the rating is solely based on accountability and finance, without taking into account other potential areas of impact or effectiveness. While the financial practices are strong, prospective donors might seek more comprehensive data on program outcomes and community impact to make fully informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Kunia Village Development Corporation legitimate?
Kunia Village Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kunia Village 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kunia Village Development Corporation?
Kunia Village Development Corporation's mission is centered around providing affordable housing for individuals who work in the agricultural sector. They have entered into an agreement with a nonprofit organization to renovate or replace the existing housing for agricultural workers in their community. This is aimed at improving the living conditions for these workers through the formation of a partnership and the utilization of tax credits for affordable housing developments. The corporation's primary activity is to ensure the availability of low-income rental housing for agricultural workers, thereby contributing to their well-being.
Who is the CEO of Kunia Village Development Corporation?
Blake Vance is the Principal Officer of Kunia Village Development Corporation.
What is the revenue of Kunia Village Development Corporation?
Kunia Village Development Corporation's revenue in 2022 was $748,528.
Who are the executives of Kunia Village Development Corporation and what are their salaries?
There 30 volunteers at Kunia Village Development Corporation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $90,403
- Other: $21,687
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $45,346
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kunia Village Development Corporation?
Kunia Village Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kunia Village Development Corporation
Kunia Village Development Corporation is committed to providing affordable rental housing for agricultural workers. This mission is carried out through a joint agreement with an affiliate of Rural Community Assistance Corporation, a California nonprofit corporation. The goal is to renovate or replace improvements on property owned by Kunia Village Title Holding Corporation, a related organization. This collaboration aims to enhance the existing agricultural worker housing community by forming a Hawaii Limited Partnership and utilizing tax credits for affordable housing developments. By providing low-income rental housing, Kunia Village Development Corporation contributes to the well-being of agricultural workers, offering them a safe and comfortable living environment.
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Impact
October, 2024
Kunia Village Development Corporation has a significant impact on the local community by addressing the critical need for affordable housing among agricultural workers. By focusing on low-income rental housing, the organization plays a crucial role in supporting the livelihoods of those who contribute to the agricultural sector.
Through partnerships, such as the joint agreement with an affiliate of the Rural Community Assistance Corporation, Kunia Village Development Corporation is actively engaged in rehabilitating and replacing existing housing facilities. This initiative not only improves living conditions for agricultural workers but also contributes to the overall betterment and sustainability of the community. Additionally, the use of tax credits for affordable housing developments further enhances the availability of safe, quality housing for low-income individuals.
Overall, Kunia Village Development Corporation serves as a vital resource, ensuring that agricultural workers have access to secure and affordable housing, which in turn fosters a stable and productive workforce essential for the region's agricultural economy.
This information is meant to be a general summary of Kunia Village 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.
- Program Service Revenue: $136,634
- Gross Receipts: $748,528
Assets and Liabilities:
- Total Assets: $2,384,922
- Total Liabilities: $11,649
- Net Assets: $2,373,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE
Revenue
$136,134
KV COMMUNITY CENTER
Revenue
$500
Organization Details
Founding Year
2010
Phone
(808) 621-1350Principal Officer
Blake Vance
Main Address
PO BOX 100, KUNIA, HI, 96759
NTEE Category
Code: L21 - Housing
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