Overview
What is Waianae Economic Development Council?
The Waianae Economic Development Council is a nonprofit organization situated in Waianae, Hawaii. Their primary mission is to boost opportunities for residents on the Waianae Coast by leveraging the community's abundant natural, cultural, and human resources. They offer a program called MAOLIPRENEUR, a 3-month cohort designed specifically for native Hawaiian business owners living on the west coast of Oahu. This program aims to help participants build sustainable and profitable businesses through workshops, an accountability group, and one-on-one business coaching. Each workshop incorporates proven business concepts linked to Hawaiian cultural principles, providing a unique learning experience. The goal is to equip business owners with the skills to maintain profitability, even during challenging times, ultimately resulting in increased revenue and higher profit margins.
Official website here: www.thewedc.com
Is Waianae Economic Development Council legitimate?
Waianae Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waianae Economic Development Council 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: $98,271
Professional Fundraising Fees: $23,327
Other Salaries and Wages: $346,479
For more financial information, click here
Official website here: www.thewedc.com
What is the mission statement of Waianae Economic Development Council?
The Waianae Economic Development Council's mission is to enhance opportunities for residents in the Waianae Coast community by leveraging its abundant natural, cultural, and human resources. This organization aims to achieve this goal by developing and nurturing sustainable businesses and enterprises, ultimately fostering economic growth and prosperity within the community.
One of their initiatives is the MaoliPreneur program, a three-month cohort specifically designed for Native Hawaiian business owners living on the west coast of Oahu. The program includes workshops, an accountability group, and one-on-one business coaching. The workshops incorporate proven business concepts connected to traditional Hawaiian cultural principles, providing participants with the knowledge and tools to operate successful businesses, even during challenging times.
The ultimate objective of this program is to help the business owners increase their profit margins and revenue, contributing to the overall economic growth and development of the Waianae Coast community.
Official website here: www.thewedc.com
Who is the CEO of Waianae Economic Development Council?
Joseph W Lapilio Iii is the CEO of Waianae Economic Development Council The CEO's salary of Waianae Economic Development Council is $86,284 and their total compensation is $90,016.
Official website here: www.thewedc.com
What is the revenue of Waianae Economic Development Council?
Waianae Economic Development Council's revenue in 2023 was $1,380,251.
Official website here: www.thewedc.com
Who are the executives of Waianae Economic Development Council and what are their salaries?
The average compensation at Waianae Economic Development Council during 2023 was $44,475. There are 10 employees and 47 volunteers at Waianae Economic Development Council.
Here are 6 key members and their salaries (Waianae Economic Development Council's CEO's salary is $86,284 and their total compensation is $90,016):
- Compensation: $86,284
- Related: $0
- Other: $3,732
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
Official website here: www.thewedc.com
Where can I find the form 990 for Waianae Economic Development Council?
Waianae Economic Development Council's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thewedc.com
Learn more at the official website: www.thewedc.com
Mission Statement of Waianae Economic Development Council
The Waianae Economic Development Council, a nonprofit organization, aims to expand opportunities for residents of the Waianae Coast by leveraging the community's abundant natural, cultural, and human resources. To accomplish this, the council has developed a program called Maolipreneur, a three-month cohort specifically designed for native Hawaiian business owners residing on the west coast of Oahu. This program provides participants with 8 workshops, an accountability group, and one-on-one business coaching, allowing them to actively implement the concepts learned and build sustainable, profitable businesses.
The workshops are strategically structured, incorporating proven business concepts that are connected to Hawaiian cultural principles, often through traditional stories or mo'olelo. By the end of the program, business owners will have gained the knowledge and skills to run their businesses successfully, even during challenging times such as disasters. As a result, participants can expect to experience an increase in profit margins and revenue following completion of the Maolipreneur program. The Waianae Economic Development Council's mission is to empower the local community by fostering a supportive environment for businesses and leveraging their rich resources for the betterment of the Waianae Coast residents.
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Impact
July, 2024
Waianae Economic Development Council's impact can be seen through its Maolipreneur program. This program is designed to assist native Hawaiian business owners living on the west coast of Oahu in building sustainable and profitable businesses. By providing workshops, accountability groups, and business coaching, the program equips participants with the knowledge and skills needed to operate successful businesses. Through a strategic structure that connects business concepts with Hawaiian cultural principles, Maolipreneur helps business owners thrive even in challenging times. As a result of this program, participants can experience higher profit margins and increased revenue, ultimately contributing to the economic development of Waianae Coast residents.
This information is meant to be a general summary of Waianae Economic Development Council. 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 2023.
- Program Service Revenue: $42,596
- Gross Receipts: $1,380,251
Assets and Liabilities:
- Total Assets: $203,557
- Total Liabilities: $181,208
- Net Assets: $22,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VENDOR REGISTRATION
Revenue
$21,855
LOAN INTEREST AND FEES
Revenue
$14,018
PROGRAM FEES
Revenue
$6,723
Organization Details
Founding Year
2014
Principal Officer
Joseph W Lapilio Iii
Website
www.thewedc.comNTEE Category
Code: S30 - Community improvement
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