Overview
What is Pauahi Elderly Inc?
Pauahi Elderly Inc is a nonprofit corporation established under the not-for-profit statutes of Hawaii. Its primary objective is to manage a 48-unit housing community, named Pauahi Kupuna Hale, located in Honolulu, Hawaii. This community is designed to provide affordable housing for low-income elderly individuals, adhering to Section 202 of the National Housing Act. In December 2019, the initial mortgage was fully paid off, and in March 2022, the property was sold to Pauahi RHF Partners, LP. Currently, Pauahi Elderly Inc funds the project through a seller carryback loan and acts as the majority member of Pauahi RHF MGP, LLC. The main role of this entity moving forward will be to serve as a financing arm for the low-income housing project through its new partnership.
Official website here: www.rhf.org
What are the reviews and ratings of this charity?
**Rating: 97% (Four-Star out of Four Star rating on Charity Navigator)**
Pauahi Elderly Inc has received a remarkable Four-Star rating on Charity Navigator, reflecting its exceptional commitment to accountability and finance. With an impressive score of 97%, the organization demonstrates strong management practices, highlighted by its fully independent board and lack of any material diversion of assets. This high rating signifies transparency and reliability for potential donors and stakeholders.
The organization excels in its financial operations, allocating a substantial 95.37% of its expenses directly towards programs, indicating a strong focus on its mission. They maintain rigorous policies around conflict of interest and whistleblower protections, underscoring their commitment to ethical governance. These attributes not only enhance their credibility but also contribute to the confidence that supporters can have in their operations.
At this time, user reviews from GreatNonprofits are not available to provide additional community insights. Nevertheless, based on its robust fiscal score and sound operational practices, Pauahi Elderly Inc stands out as a commendable nonprofit that prioritizes effective service delivery while maintaining high accountability standards.
This AI summary has been generated from information found on Charity Navigator.
Is Pauahi Elderly Inc legitimate?
Pauahi Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pauahi Elderly Inc 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: $0
For more financial information, click here
Official website here: www.rhf.org
What is the mission statement of Pauahi Elderly Inc?
Pauahi Elderly Inc, a not-for-profit corporation, was established with the primary objective of operating a 48-unit housing community for low-income elderly individuals. This community, known as Pauahi Kupuna Hale, is situated in Honolulu, Hawaii, and is in compliance with Section 202 of the National Housing Act. After paying off the original mortgage in 2019 and selling the property in 2022, the corporation now funds the project through a seller carryback loan and serves as the majority member of Pauahi RHF MGP, LLC. The main purpose of this entity moving forward is to function as a financing arm for the low-income housing project through the new partnership.
Official website here: www.rhf.org
Who is the CEO of Pauahi Elderly Inc?
Stuart Hartman is the Principal Officer of Pauahi Elderly Inc. The CEO's salary of Pauahi Elderly Inc is $0 and their total compensation is $399,323.
Official website here: www.rhf.org
What is the revenue of Pauahi Elderly Inc?
Pauahi Elderly Inc's revenue in 2022 was $7,173,045.
Official website here: www.rhf.org
Who are the executives of Pauahi Elderly Inc and what are their salaries?
Here are 33 key members and their salaries (Pauahi Elderly Inc's CEO's salary is $0 and their total compensation is $399,323):
- Compensation: $0
- Related: $529,406
- Other: $72,819
- Compensation: $0
- Related: $400,678
- Other: $45,884
- Compensation: $0
- Related: $370,863
- Other: $28,460
- Compensation: $0
- Related: $285,306
- Other: $23,599
- Compensation: $0
- Related: $249,358
- Other: $38,027
- Compensation: $0
- Related: $225,577
- Other: $40,729
- Compensation: $0
- Related: $228,343
- Other: $34,063
- Compensation: $0
- Related: $215,812
- Other: $30,308
- Compensation: $0
- Related: $199,807
- Other: $40,223
- Compensation: $0
- Related: $215,329
- Other: $22,887
- Compensation: $0
- Related: $220,808
- Other: $2,920
- Compensation: $0
- Related: $184,532
- Other: $14,950
- Compensation: $0
- Related: $178,388
- Other: $16,625
- Compensation: $0
- Related: $174,418
- Other: $13,813
- Compensation: $0
- Related: $165,932
- Other: $16,120
- Compensation: $0
- Related: $154,798
- Other: $15,575
- Compensation: $0
- Related: $151,008
- Other: $14,176
- Compensation: $0
- Related: $147,277
- Other: $13,966
- Compensation: $0
- Related: $148,404
- Other: $12,505
- Compensation: $0
- Related: $139,727
- Other: $20,173
- Compensation: $0
- Related: $153,823
- Other: $4,615
- Compensation: $0
- Related: $146,427
- Other: $2,944
- Compensation: $0
- Related: $139,916
- Other: $3,250
- Compensation: $0
- Related: $66,364
- Other: $2,374
- Compensation: $0
- 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
- 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.rhf.org
Where can I find the form 990 for Pauahi Elderly Inc?
Pauahi Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rhf.org
Learn more at the official website: www.rhf.org
Mission Statement of Pauahi Elderly Inc
Pauahi Elderly Inc, a not-for-profit corporation, was established with the mission of providing housing for low-income elderly individuals. This mission is carried out through the operation of a 48-unit community known as Pauahi Kupuna Hale, located in Honolulu, Hawaii. Pauahi Elderly Inc operates under Section 202 of the National Housing Act, a provision aimed at assisting such individuals. The organization paid off its original mortgage in full in December 2019, using proceeds from a CB&T note payable. In March 2022, the property was sold to Pauahi RHF Partners, LP, and Pauahi Elderly Inc continues to fund the project through a seller carryback loan. Moving forward, Pauahi Elderly Inc will serve as the majority member of Pauahi RHF MGP, LLC, acting as a financing arm for the low-income housing project through the new partnership.
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Impact
July, 2024
Pauahi Elderly Inc's impact lies in providing essential housing for low-income elderly individuals in Honolulu, Hawaii. Through Pauahi Kupuna Hale, a 48-unit community, this organization ensures that this vulnerable population has access to safe and affordable housing in accordance with Section 202 of the National Housing Act. By fulfilling this crucial need, Pauahi Elderly Inc contributes to improving the overall well-being and quality of life for elderly individuals in the community.
This information is meant to be a general summary of Pauahi Elderly Inc. 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: $6,608,810
- Program Service Revenue: $334,745
- Gross Receipts: $8,464,540
Assets and Liabilities:
- Total Assets: $6,395,848
- Total Liabilities: $0
- Net Assets: $6,395,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$334,745
Organization Details
Founding Year
1983
Phone
(562) 257-5100Principal Officer
Stuart Hartman
Main Address
911 N STUDEBAKER ROAD, LONG BEACH, CA, 90815
Website
www.rhf.orgNTEE Category
Code: L200 - Housing
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