Hawaii Economic Development Corporation

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

EIN: 990143650 ✦ Honolulu, HI ✦ Designated as a 501(c)(4)

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Overview

What is Hawaii Economic Development Corporation?

The Hawaii Economic Development Corporation, located at 222 S VINEYARD STREET PH-1, Honolulu, HI, is a nonprofit organization that plays a significant role in supporting the small business community. Their mission is to provide financial and technical assistance to local businesses through various federal and state programs. Their team of five dedicated individuals works tirelessly to administer these programs, aiming to bolster the economic growth and resilience of small businesses in the region. By offering this assistance, the corporation contributes to the overall strength and vibrancy of Hawaii's economy.

Is Hawaii Economic Development Corporation legitimate?

Hawaii Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hawaii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hawaii Economic Development Corporation?

The Hawaii Economic Development Corporation is committed to supporting the small business community. They achieve this by providing both financial and technical assistance to small businesses through various federal and state programs. This assistance is administered to help the small business sector thrive and grow. The corporation's activities aim to empower small businesses, thereby contributing to the overall economic development of the community. By offering assistance through various programs, the corporation aims to foster a vibrant and prosperous business environment.

Who is the CEO of Hawaii Economic Development Corporation?

David Perkins is the Vice President/Director of Hawaii Economic Development Corporation.

What is the revenue of Hawaii Economic Development Corporation?

Hawaii Economic Development Corporation's revenue in 2022 was $6,212.

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

There are 5 employees at Hawaii Economic Development Corporation.


Here are 3 key members and their salaries:


Larry Ishii (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Lu (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Kanzaki (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hawaii Economic Development Corporation?

Hawaii Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hawaii Economic Development Corporation

Hawaii Economic Development Corporation, as a nonprofit organization, is committed to aiding the small business community. Its mission is to provide both financial and technical assistance to these businesses through various federal and state programs. This assistance is crucial in supporting the growth and success of small businesses, enabling them to navigate the challenges they may face and thrive in their respective industries. By administering these programs, Hong Kong Economic Development Corporation plays a vital role in fostering a strong and vibrant small business sector.

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Impact




October, 2024

Hawaii Economic Development Corporation (HEDC) plays a crucial role in strengthening the local economy by providing financial and technical assistance to the small business community. Through the administration of various federal and state programs, HEDC empowers entrepreneurs and small businesses in Honolulu and beyond, fostering innovation and economic growth in the region.

By facilitating access to funding and resources, HEDC helps small businesses navigate challenges and seize opportunities, ultimately contributing to community improvement and economic resilience. This support not only enhances the capabilities of individual businesses but also stimulates job creation and fosters a vibrant local economic landscape. HEDC's efforts are essential in ensuring that small businesses in Hawaii have the tools they need to thrive in a competitive market.




This information is meant to be a general summary of Hawaii 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
$6,212 (2022)
Expenses
$11,968 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $413
  • Gross Receipts: $56,631

Assets and Liabilities:

  • Total Assets: $2,249,402
  • Total Liabilities: $0
  • Net Assets: $2,249,402

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Organization Details

Founding Year

1970

Principal Officer

David Perkins

Main Address

222 S VINEYARD STREET PH-1, HONOLULU, HI, 968132445

NTEE Category

Code: S30 - Community improvement

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