Overview
What is Hawaii County Economic Opportunity Council?
The Hawaii County Economic Opportunity Council is a dedicated nonprofit organization situated in Hilo, Hawaii. Its primary mission is to combat and alleviate poverty within the County of Hawaii. As a Community Action Agency, it offers a range of services specifically tailored for low-income, elderly, and handicapped individuals. The organization's initiatives include providing emergency home repair grants or low-interest loans for homeowners, as well as rehabilitating housing, rental properties, and cooperatives owned and occupied by low-income rural residents. Additionally, the Emergency Rental Assistance Program (ERAP) offers rental and utility assistance for qualified applicants struggling with arrears. The organization employs a workforce of 77 individuals, committed to making a positive impact in their community.
Official website here: www.hceoc.net
What are the reviews and ratings of this charity?
Hawaii County Economic Opportunity Council has earned a Four-Star out of Four Star rating from Charity Navigator, with an impressive score of 96% primarily based on its Accountability & Finance practices. This high rating signifies strong governance and transparency in its financial dealings as evidenced by its independent board structure and comprehensive policies in place for conflict of interest, whistleblower protections, and document management.
The organization demonstrates a solid commitment to responsible financial management, as reflected in its high program expense ratio of 89.44%, indicating that a significant portion of its budget is devoted to its programs. The absence of any material diversion of assets highlights its operational integrity, a key strength in the nonprofit sector.
However, it's important to note that the organization has not been evaluated for its impact and measurement, culture and community, or leadership and adaptability, which limits a more holistic understanding of its overall effectiveness and community engagement. As a result, while the financial metrics are commendable, potential donors may want to seek additional information regarding the organization's broader impact.
User reviews are unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii County Economic Opportunity Council legitimate?
Hawaii County Economic Opportunity Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii County Economic Opportunity Council 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: $75,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,597,594
For more financial information, click here
Official website here: www.hceoc.net
What is the mission statement of Hawaii County Economic Opportunity Council?
The Hawaii County Economic Opportunity Council is dedicated to addressing poverty within its community. Serving as a Community Action Agency, it extends assistance to low-income individuals, the elderly, and those with disabilities. The organization's primary mission is to prevent, alleviate, and ultimately eliminate poverty. To fulfill this mission, it offers various services, including housing and energy programs, providing funds for emergency home repairs and low-interest loans. The housing program also includes the Emergency Rental Assistance Program (ERAP), which aids qualified applicants with rental and utility assistance during financial hardships.
Official website here: www.hceoc.net
What is the revenue of Hawaii County Economic Opportunity Council?
Hawaii County Economic Opportunity Council's revenue in 2023 was $4,904,278.
Official website here: www.hceoc.net
Who are the executives of Hawaii County Economic Opportunity Council and what are their salaries?
The average compensation at Hawaii County Economic Opportunity Council during 2023 was $26,987. There are 62 employees and 12 volunteers at Hawaii County Economic Opportunity Council.
Here are 10 key members and their salaries:
- 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
- Compensation: $63,182
- Related: $0
- Other: $6,490
Official website here: www.hceoc.net
Where can I find the form 990 for Hawaii County Economic Opportunity Council?
Hawaii County Economic Opportunity Council's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hceoc.net
Learn more at the official website: www.hceoc.net
Mission Statement of Hawaii County Economic Opportunity Council
Hawaii County Economic Opportunity Council, as a community action agency, is committed to addressing poverty within the County of Hawaii. Their mission is multifaceted, aiming to prevent, alleviate, and ultimately eliminate poverty within this region. The organization provides essential services to low-income individuals, the elderly, and those with disabilities, working tirelessly to improve their living conditions.
One of the primary ways Hawaii County Economic Opportunity Council fulfills its mission is through its housing and energy services. The organization sponsors organizations to establish grant or low-interest loan programs for emergency home repairs for homeowners or for the rehabilitation of individual housing, rental properties, or cooperatives owned and occupied by low-income rural residents. Additionally, they offer the Emergency Rental Assistance Program (ERAP), which provides rental and utility assistance to qualified applicants who can demonstrate that they are in arrears. This program aims to help individuals and families maintain stable housing, thereby reducing the impact of poverty on their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Hawaii County Economic Opportunity Council's impact is centered on preventing, alleviating, and eliminating poverty in the County of Hawaii. Through its housing and energy services programs, the organization provides essential support to low-income individuals and families in need. By offering funds for emergency home repairs, rehabilitation of housing properties, and emergency rental assistance, the organization plays a vital role in ensuring that those facing financial challenges have access to safe and stable housing. Overall, Hawaii County Economic Opportunity Council's efforts contribute significantly to improving the quality of life for disadvantaged residents in the community, helping to address issues of poverty and housing insecurity.
This information is meant to be a general summary of Hawaii County Economic Opportunity Council. 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 2023.
- Investment Income: $597
- Program Service Revenue: $1,187,658
- Gross Receipts: $4,904,278
Assets and Liabilities:
- Total Assets: $3,995,550
- Total Liabilities: $1,237,271
- Net Assets: $2,758,279
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$929,973
RAINBOW FALLS CONNECTI
Revenue
$235,232
DISCOUNT AMORTIZATION
Revenue
$22,453
Organization Details
Founding Year
1965
Principal Officer
Chad Hasegawa
Website
www.hceoc.netNTEE Category
Code: P200 - Human services
If you are a representative of Hawaii County Economic Opportunity Council and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.