Overview
What is Housing And Land Enterprise Of Hawaii?
Housing and Land Enterprise of Hawaii, also known as Hale O Hawaii, is a nonprofit organization situated in Waikoloa, Hawaii. Their primary goal is to ensure a consistent supply of reasonably priced housing options for low and moderate-income families residing in Hawaii County. To achieve this mission, they have secured a grant of land parcels and financial resources, enabling them to progress with their program. By doing so, they aim to address the pressing need for affordable housing in the community. Their activities and mission are centered around securing and preserving these affordable housing alternatives, enhancing the living conditions of the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
Housing And Land Enterprise Of Hawaii has received a 1-Star out of Four Star rating from Charity Navigator, signifying concerns regarding its accountability and financial transparency. With a score of 53%, the organization shows strengths in some areas, such as having no material diversion of assets and a robust program expense ratio of 100%. However, the absence of an independent board, as well as missing policies related to conflict of interest, whistleblowing, and document retention, raises questions about governance practices.
The lack of independent board members and missing transparency policies indicate potential vulnerabilities in oversight and accountability. Furthermore, the organization's website is not adequately linked to its tax forms, which could hinder public access to critical information about its operations and financial health. These factors combined contribute to the low overall rating, emphasizing the need for improvement in governance and public transparency.
Despite these challenges, the organization maintains a strong commitment to its programs, as evidenced by its full program expense ratio. However, for potential donors and supporters, the rating highlights areas requiring attention and improvement to build trust and ensure effective management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Housing And Land Enterprise Of Hawaii legitimate?
Housing And Land Enterprise Of Hawaii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing And Land Enterprise Of Hawaii 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.
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What is the mission statement of Housing And Land Enterprise Of Hawaii?
The Housing and Land Enterprise of Hawaii is committed to securing and preserving a lasting supply of affordable housing options for low and moderate-income households in Hawaii County. To achieve this goal, they have acquired grant-funded land parcels and financing to advance their program. In essence, their mission is directed towards ensuring that affordable housing remains accessible for those who require it, thereby contributing to a more equitable living situation.
Who is the CEO of Housing And Land Enterprise Of Hawaii?
Peter S Hoffmann is the Board Member of Housing And Land Enterprise Of Hawaii.
What is the revenue of Housing And Land Enterprise Of Hawaii?
Housing And Land Enterprise Of Hawaii's revenue in 2022 was $12,861.
Who are the executives of Housing And Land Enterprise Of Hawaii and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Housing And Land Enterprise Of Hawaii?
Housing And Land Enterprise Of Hawaii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing And Land Enterprise Of Hawaii
Housing and Land Enterprise of Hawaii, a nonprofit organization, is committed to ensuring a lasting supply of affordable housing solutions for low and moderate-income families residing in Hawaii County. This mission is achieved through the strategic acquisition of land parcels and securing necessary funding to launch and develop these housing alternatives. By pursuing this objective, Housing and Land Enterprise of Hawaii aims to make a significant impact on the housing landscape, providing a much-needed resource for those who require affordable housing options.
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Impact
August, 2024
Housing And Land Enterprise Of Hawaii's impact is substantial in providing affordable housing options for low and moderate-income households in Hawaii County. By securing and preserving a permanent supply of affordable housing alternatives, this organization addresses the pressing issue of housing affordability in the region. With the successful acquisition of land parcels and funding, they are taking tangible steps towards fulfilling their mission and making a positive difference in the community.
This information is meant to be a general summary of Housing And Land Enterprise Of Hawaii. 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: -$13,153
- Gross Receipts: $12,861
Assets and Liabilities:
- Total Assets: $372,652
- Total Liabilities: $152,799
- Net Assets: $219,853
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Organization Details
Founding Year
2019
Principal Officer
Peter S Hoffmann
Main Address
68-1783 Lua Kula Place, Waikoloa, HI, 96738
NTEE Category
Code: L80 - Housing
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