Overview
What is Hawaii Executive Collaborative?
Hawaii Executive Collaborative (HEC) is a nonprofit organization situated in Honolulu, Hawaii. Its primary mission is to enhance the well-being and prosperity of Hawaii, positioning it as a significant player on a global scale. HEC achieves this by assembling influential leaders from various sectors, both locally and internationally. The organization serves as a "backbone organization," facilitating cross-sector collaborations to transform fragmented systems, thereby improving social outcomes. Through aligned activities, public will building, policy advancement, funding mobilization, and goal setting, HEC helps guide strategy and establish shared metrics. With a staff of two dedicated individuals, HEC plays a crucial role in addressing the systemic challenges affecting Hawaii's society, culture, and economic vitality.
Official website here: www.hec.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star Rating)
The Hawaii Executive Collaborative has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial management and transparency. The organization scored 71% overall, with particular strengths in its independent board composition and material diversion of assets. However, it lacks independence in board size and has received low scores for financial statements, fundraising efficiency, and working capital ratio.
Strengths of the organization include a fully independent board and effective management of liabilities to assets. Additionally, the charity has established several policies, such as conflict of interest and document retention, which contribute positively to its accountability measures. Despite these strengths, the absence of a whistleblower policy and poor financial reporting raises questions about its overall governance and operational effectiveness.
Overall, the Hawaii Executive Collaborative demonstrates some solid practices in governance but faces significant challenges in financial transparency and efficiency. Stakeholders and potential donors may want to consider these factors carefully when evaluating the organization’s sustainability and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Executive Collaborative legitimate?
Hawaii Executive Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Executive Collaborative 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: $213,750
For more financial information, click here
Official website here: www.hec.org
What is the mission statement of Hawaii Executive Collaborative?
The Hawaii Executive Collaborative (HEC) is a non-profit organization that brings together local and global leaders to tackle the systemic challenges affecting society, culture, and economic vitality in Hawaii. Acting as a "backbone organization," HEC facilitates cross-sector partnerships among CEOs and decision-makers to transform fragmented systems and improve social outcomes. The organization guides vision and strategy, supports aligned activities, builds public will, advances policy, mobilizes funding, and establishes shared goals and metrics to address Hawaii's societal issues.
Official website here: www.hec.org
Who is the CEO of Hawaii Executive Collaborative?
Duane Kurisu is the Executive Director of Hawaii Executive Collaborative.
Official website here: www.hec.org
What is the revenue of Hawaii Executive Collaborative?
Hawaii Executive Collaborative's revenue in 2022 was $3,397,378.
Official website here: www.hec.org
Who are the executives of Hawaii Executive Collaborative and what are their salaries?
The average compensation at Hawaii Executive Collaborative during 2022 was $106,875. There are 2 employees and 4 volunteers at Hawaii Executive Collaborative.
Here are 5 key members and their salaries:
- Compensation: $137,425
- 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.hec.org
Where can I find the form 990 for Hawaii Executive Collaborative?
Hawaii Executive Collaborative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hec.org
Learn more at the official website: www.hec.org
Mission Statement of Hawaii Executive Collaborative
Hawaii Executive Collaborative, or HEC, serves as a unifying force for local and global leaders, aiming to address the systemic challenges impacting Hawaii's society, culture, and economic vitality. Acting as a "backbone organization," HEC plays a crucial role in collective impact by facilitating cross-sector partnerships among CEOs and decision-makers. This collaborative approach helps to transform fragmented systems, ultimately improving social outcomes.
In its mission, Hawaii Executive Collaborative guides vision and strategy, supports aligned activities, builds public will, advances policy, mobilizes funding, and establishes shared goals and metrics. By doing so, the organization serves as a catalyst for change, enabling leaders to work together towards a common objective: the safety, wellness, and prosperity of Hawaii and its central place in the world. Through these efforts, HEC aims to create a more cohesive and thriving society in Hawaii, leveraging the collective strength of its leaders to tackle complex challenges head-on.
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Impact
July, 2024
Hawaii Executive Collaborative plays a crucial role in uniting local and global leaders to address systemic challenges affecting Hawaii's society, culture, and economic vitality. By serving as a "backbone organization" for CEOs and decision-makers, HEC organizes cross-sector partnerships to transform fragmented systems and improve social outcomes. Through guiding vision and strategy, supporting aligned activities, building public will, advancing policy, mobilizing funding, and establishing shared goals and metrics, HEC significantly contributes to the safety, wellness, and prosperity of Hawaii and its central place in the world. The Hawaii Executive Conference organized by HEC explores innovative ideas and solutions to strengthen Hawaii's future by bringing together thought leaders and decision-makers, addressing a wide range of topics relevant to the state. This collaborative approach fosters community improvement and fosters positive change across various sectors in Hawaii.
This information is meant to be a general summary of Hawaii Executive Collaborative. 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: $56
- Program Service Revenue: $643,497
- Gross Receipts: $3,397,378
Assets and Liabilities:
- Total Assets: $761,649
- Total Liabilities: $118,744
- Net Assets: $642,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$643,497
Organization Details
Founding Year
2020
Phone
(808) 523-5644Principal Officer
Duane Kurisu
Main Address
827 FORT STREET MALL 2ND FLOOR, HONOLULU, HI, 96813
Website
www.hec.orgNTEE Category
Code: S05 - Community improvement
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