Malulani Hale C/O Urban Real Estate Co

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510145260 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Malulani Hale C/O Urban Real Estate Co?

Malulani Hale C/O Urban Real Estate Co is a nonprofit organization, specifically focused on providing housing solutions for the elderly. Their mission is centered around operating and maintaining accommodations that cater to the elderly population, ensuring they have a comfortable living environment. With this objective, the organization provides housing, ensuring the elderly have a place to call home. The specifics of the Filer and any further details about the organization are not provided in the information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.

Malulani Hale C/O Urban Real Estate Co has received a 67% rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization demonstrates strong governance with a fully independent board and a solid program expense ratio of 89.75%, which suggests a commitment to allocating funds towards its mission.

Despite these strengths, the organization faces significant limitations in its financial transparency and governance policies. Key policies such as conflict of interest and whistleblower protections are missing, and it does not provide financial statements for public review. Additionally, the absence of a website link on its tax form raises questions about its accessibility and communication with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Malulani Hale C/O Urban Real Estate Co legitimate?

Malulani Hale C/O Urban Real Estate Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malulani Hale C/O Urban Real Estate Co 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: $119,993

For more financial information, click here

What is the mission statement of Malulani Hale C/O Urban Real Estate Co?

Malulani Hale, managed by Urban Real Estate Co., is dedicated to providing housing for the elderly. Their primary objective is to operate and maintain these living spaces, ensuring a comfortable and secure environment for the elderly residents. While the organization does not have a explicitly stated mission statement, their actions underscore a commitment to supporting the needs and well-being of the elderly community. They strive to create an environment that promotes independence, dignity, and community among their residents. Their operations may also include providing necessary services and amenities to enhance the quality of life for the elderly residents.

Who is the CEO of Malulani Hale C/O Urban Real Estate Co?

Sister Regina Mary Jenkin is the Principal Officer of Malulani Hale C/O Urban Real Estate Co.

What is the revenue of Malulani Hale C/O Urban Real Estate Co?

Malulani Hale C/O Urban Real Estate Co's revenue in 2022 was $2,530,387.

Who are the executives of Malulani Hale C/O Urban Real Estate Co and what are their salaries?

The average compensation at Malulani Hale C/O Urban Real Estate Co during 2022 was $39,998. There are 3 employees at Malulani Hale C/O Urban Real Estate Co.


Here are 5 key members and their salaries:


Mark Nagasawa (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Helene Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Regina Mary Jenkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfredo Lee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Mary Josephine Araki (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Malulani Hale C/O Urban Real Estate Co?

Malulani Hale C/O Urban Real Estate Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Malulani Hale C/O Urban Real Estate Co

Malulani Hale C/O Urban Real Estate Co is dedicated to providing housing for the elderly. In simple terms, this nonprofit organization operates and maintains residential facilities specifically designed for the elderly population. By doing so, Malulani Hale C/O Urban Real Estate Co seeks to contribute to the well-being and comfort of older individuals, providing them with a secure and suitable living environment. The organization's primary activity is centered around ensuring that the elderly have access to suitable housing, thereby enhancing their quality of life.

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Impact




July, 2024

Malulani Hale C/O Urban Real Estate Co's impact lies in providing housing for the elderly in Honolulu, Hawaii. Through its operations and maintenance of housing facilities, it contributes to addressing the housing needs of the elderly population in the area. By offering a safe and supportive living environment for seniors, Malulani Hale plays a crucial role in enhancing the quality of life and well-being of the elderly residents it serves.




This information is meant to be a general summary of Malulani Hale C/O Urban Real Estate Co. 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.

Revenue
$2,530,387 (2022)
Expenses
$1,596,180 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,100
  • Program Service Revenue: $2,350,098
  • Gross Receipts: $2,530,387

Assets and Liabilities:

  • Total Assets: $14,883,467
  • Total Liabilities: $7,151,743
  • Net Assets: $7,731,724

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$2,350,098

Organization Details

Founding Year

1971

Principal Officer

Sister Regina Mary Jenkin

Main Address

50 SOUTH BERETANIA STREET C-101, HONOLULU, HI, 96813

NTEE Category

Code: L22 - Housing

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