Overview
What is Hale Mahaolu?
Hale Mahaolu is a nonprofit organization located at 200 Hina Avenue in Kahului, Hawaii. With a staff of 124 employees, their primary mission is to provide rental housing for low-income and elderly individuals. They focus on developing and maintaining affordable housing projects and related programs specifically tailored to benefit the elderly population.
Official website here: www.halemahaolu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Hale Mahaolu has achieved an impressive Four-Star rating on Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity's overall score is derived entirely from its performance in accountability and finance, which underscores its dedication to effective governance and oversight. Key indicators such as a fully independent board and robust policies for conflict of interest and whistleblower protections demonstrate the organization's integrity.
The organization excels in financial management, with a remarkable program expense ratio of 94.42%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the absence of any material diversion of assets and a low liabilities-to-assets ratio further emphasize its financial health and responsible stewardship of resources.
While the rating highlights many strengths, it is essential for potential donors and community members to consider ongoing engagement and support for the organization's mission. Overall, Hale Mahaolu stands out as a trustworthy nonprofit with a solid track record of accountability and program efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Hale Mahaolu legitimate?
Hale Mahaolu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Mahaolu 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: $255,227
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,566,747
For more financial information, click here
Official website here: www.halemahaolu.org
What is the mission statement of Hale Mahaolu?
Hale Mahaolu is dedicated to creating and preserving affordable housing solutions for low-income and elderly individuals. Their mission encompasses the development and maintenance of housing projects and related programs, specifically designed to improve the lives of the elderly population. Through their efforts, they provide essential rental housing options to those in need, enhancing their living conditions and overall well-being.
Official website here: www.halemahaolu.org
Who is the CEO of Hale Mahaolu?
Valerie M K Matsunaga is the Director of Hale Mahaolu.
Official website here: www.halemahaolu.org
What is the revenue of Hale Mahaolu?
Hale Mahaolu's revenue in 2022 was $14,284,733.
Official website here: www.halemahaolu.org
Who are the executives of Hale Mahaolu and what are their salaries?
The average compensation at Hale Mahaolu during 2022 was $46,951. There are 124 employees and 1 volunteer at Hale Mahaolu.
Here are 19 key members and their salaries:
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- Compensation: $255,227
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- Compensation: $120,140
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- Compensation: $144,551
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- Compensation: $133,520
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Official website here: www.halemahaolu.org
Where can I find the form 990 for Hale Mahaolu?
Hale Mahaolu's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.halemahaolu.org
Learn more at the official website: www.halemahaolu.org
Mission Statement of Hale Mahaolu
Hale Mahaolu, a dedicated nonprofit organization, is committed to developing and maintaining low-income and elderly housing projects, along with associated programs, to enhance the lives of the elderly community. With a focus on affordable housing solutions, this forward-thinking organization strives to provide suitable living arrangements for those who require financial assistance and senior citizens.
In pursuit of its mission, Hale Mahaolu takes a holistic approach to elderly care. By offering rental housing options to low-income and elderly individuals, the organization ensures that the elderly population has access to safe, comfortable, and affordable living conditions. Beyond the provision of housing, Hale Mahaolu extends its reach to various related programs aimed at enriching the lives of seniors.
The dedication of Hale Mahaolu to its cause is evident through its unwavering commitment to creating a positive impact in the lives of the elderly. The organization's mission is to make a difference, one day at a time, by addressing the unique challenges and needs of this vital demographic. With a steadfast focus on housing and related programs, Hale Mahaolu is an invaluable resource in the community, providing essential support to those who need it most.
Through its initiatives, Hale Mahaolu strives to foster an inclusive and supportive environment for the elderly, empowering them to live with dignity and independence. The organization's efforts not only offer immediate relief but also contribute to long-term stability, allowing seniors to age gracefully and securely within their communities.
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Impact
October, 2024
Hale Mahaolu has a significant impact on the community by providing essential housing solutions for low-income and elderly individuals in Kahului, Hawaii. By developing and maintaining affordable housing projects, it ensures that vulnerable populations have access to safe and dignified living conditions. The organization's focus on supporting the elderly addresses a critical need for stable housing that promotes their well-being and independence.
Through its various programs, Hale Mahaolu not only offers rental housing but also creates a supportive environment that fosters community and connection among residents. This holistic approach helps to alleviate housing insecurity, reduce isolation among the elderly, and enhance overall quality of life. By prioritizing the needs of low-income and elderly individuals, Hale Mahaolu plays a vital role in improving social equity and ensuring that every member of the community has a place to call home.
This information is meant to be a general summary of Hale Mahaolu. 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: $463,755
- Program Service Revenue: $12,815,541
- Gross Receipts: $14,284,733
Assets and Liabilities:
- Total Assets: $61,742,346
- Total Liabilities: $10,713,326
- Net Assets: $51,029,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME/ELDERLY HOUSING
Revenue
$10,111,690
SUPPORT SERVICES
Revenue
$2,372,998
MEALS
Revenue
$330,853
Organization Details
Founding Year
1967
Phone
(808) 872-4100Principal Officer
Valerie M K Matsunaga
Main Address
200 HINA AVENUE, KAHULUI, HI, 96732
Website
www.halemahaolu.orgNTEE Category
Code: L210 - Housing
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