Changemakers Community Economic Development Corporation

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

EIN: 862450332 ✦ Hilo, HI ✦ Designated as a 501(c)(3)

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Overview

What is Changemakers Community Economic Development Corporation?

Changemakers Community Economic Development Corporation, located at 179 Kauhane Avenue, Hilo, HI 96720, is a dedicated nonprofit organization with a mission to combat poverty. They strive to achieve this goal by fostering community-driven economic development initiatives. Changemakers accomplish this by enhancing the capabilities of individuals, small businesses, and community organizations, while simultaneously expanding their access to crucial financial resources and services. The corporation's primary activity revolves around providing personal financial education to women in Hawaii's communities, aiming to empower them economically. With a team of five dedicated professionals, Changemakers is committed to making a significant impact in Hawaii's communities.


Official website here: www.changemakershawaii.org

Is Changemakers Community Economic Development Corporation legitimate?

Changemakers Community Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Changemakers Community Economic 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: $3,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,157

For more financial information, click here


Official website here: www.changemakershawaii.org

What is the mission statement of Changemakers Community Economic Development Corporation?

Changemakers Community Economic Development Corporation is dedicated to eradicating poverty by fostering community-led economic development initiatives. They achieve this objective by enhancing the capabilities of individuals, small businesses, and community organizations, as well as expanding the availability of financial instruments, services, and resources. The corporation's mission is to ultimately put an end to poverty, thereby contributing to a more economically stable and inclusive society.


Official website here: www.changemakershawaii.org

Who is the CEO of Changemakers Community Economic Development Corporation?

Joel Olani Lilly is the Executive Director of Changemakers Community Economic Development Corporation.


Official website here: www.changemakershawaii.org

What is the revenue of Changemakers Community Economic Development Corporation?

Changemakers Community Economic Development Corporation's revenue in 2023 was $379,542.


Official website here: www.changemakershawaii.org

Who are the executives of Changemakers Community Economic Development Corporation and what are their salaries?

The average compensation at Changemakers Community Economic Development Corporation during 2023 was $42,781. There are 5 employees and 10 volunteers at Changemakers Community Economic Development Corporation.


Here are 4 key members and their salaries:


Joel Olani Lilly (Executive Director)
  • Compensation: $3,750
  • Related: $0
  • Other: $0
Emily Emmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry-Lee Shibuya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
A'O Pohaku Rodenhurst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.changemakershawaii.org

Where can I find the form 990 for Changemakers Community Economic Development Corporation?

Changemakers Community Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.changemakershawaii.org

Learn more at the official website: www.changemakershawaii.org

Mission Statement of Changemakers Community Economic Development Corporation

Changemakers Community Economic Development Corporation is an organization dedicated to combating poverty by promoting community-led economic development initiatives. They achieve this goal by strengthening the capabilities of individuals, small enterprises, and community organizations, while simultaneously increasing the availability of financial instruments, services, and resources. At its core, Changemakers' mission is to empower communities to overcome poverty and foster sustainable economic growth.

To accomplish this mission, Changemakers focuses on building the capacity of individuals and organizations within the community. They offer educational programs to help individuals manage their finances, providing them with essential skills and knowledge to improve their financial well-being. Additionally, Changemakers works to expand access to financial tools, services, and resources, enabling community organizations and small businesses to thrive and contribute to local economic development. By supporting these initiatives, Changemakers aims to create opportunities for community members to break the cycle of poverty and build more prosperous, self-sustaining communities.

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Impact




October, 2024

Changemakers Community Economic Development Corporation significantly impacts local communities by addressing poverty through innovative, community-driven economic development initiatives. It enhances the capacity of individuals, small businesses, and community organizations, facilitating greater access to vital financial resources. By establishing a Native Community Development Financial Institution (CDFI), it actively contributes to the creation of a diversified and stable local economy through the establishment of a Community Facility Fund and Development Assistance.

Additionally, the organization places a strong emphasis on empowerment, particularly for women in Hawaii's communities, by offering personal financial education programs. This not only equips individuals with essential financial knowledge but also fosters a sense of economic independence and stability. The collective efforts of these initiatives create a ripple effect, promoting overall community improvement and resilience in the face of economic challenges.




This information is meant to be a general summary of Changemakers Community Economic 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.

Revenue
$379,542 (2023)
Expenses
$329,919 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $379,542

Assets and Liabilities:

  • Total Assets: $51,653
  • Total Liabilities: $0
  • Net Assets: $51,653

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Organization Details

Founding Year

2021

Principal Officer

Joel Olani Lilly

Main Address

179 Kauhane Avenue, Hilo, HI, 96720

NTEE Category

Code: S31 - Community improvement

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