Overview
What is Jack Hall Kona Memorial?
Jack Hall Kona Memorial is a nonprofit organization situated in Honolulu, Hawaii. Their primary mission is to offer affordable housing solutions for lower-income families, displaced individuals, the elderly, and those with disabilities. Through their housing project, they provide a safe and comfortable living space, thereby contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% - Three-Star out of Four Star Rating
The Jack Hall Kona Memorial has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. With a score of 79%, the organization demonstrates a commitment to transparency and sound financial management, primarily reflected in its high marks for board independence and the presence of key governance policies.
Strengths of the organization include having 100% independent board members, effective oversight through its audit committee, and a lack of material diversion of assets. These factors contribute positively to its financial accountability. Additionally, the charity has a robust program expense ratio of 100%, meaning all expenditures are directed towards its charitable mission.
However, the organization faced challenges with its liabilities to assets ratio, scoring 0 out of 15 points in this area, which may suggest potential financial risks. Despite this, the overall rating reflects the charity's strong governance practices and commitment to fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jack Hall Kona Memorial legitimate?
Jack Hall Kona Memorial is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack Hall Kona Memorial 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: $132,343
For more financial information, click here
What is the mission statement of Jack Hall Kona Memorial?
The Jack Hall Kona Memorial serves a mission to provide housing for families with lower income, as well as those who have been displaced. This organization also offers homes for elderly and handicapped individuals, ensuring they have a place to live with dignity and security. The Jack Hall Kona Memorial is committed to maintaining and operating this housing project, thus providing a vital service to those in need. The organization's mission is to contribute to a more inclusive and equitable living situation for these individuals, ensuring they have a stable and safe environment to call home.
Who is the CEO of Jack Hall Kona Memorial?
Tracy Takano is the President of Jack Hall Kona Memorial.
What is the revenue of Jack Hall Kona Memorial?
Jack Hall Kona Memorial's revenue in 2022 was $1,171,672.
Who are the executives of Jack Hall Kona Memorial and what are their salaries?
The average compensation at Jack Hall Kona Memorial during 2022 was $44,114. There are 3 employees at Jack Hall Kona Memorial.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jack Hall Kona Memorial?
Jack Hall Kona Memorial's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jack Hall Kona Memorial
The Jack Hall Kona Memorial is a dedicated organization that serves a crucial role in providing housing solutions for families of lower income and those who have been displaced. Its mission is to maintain a housing project that offers homes to these individuals, as well as to the elderly and handicapped residents in Honolulu, Hawaii. By operating and managing this housing project, the Jack Hall Kona Memorial plays a significant role in addressing the housing needs of vulnerable populations, ensuring they have a safe and stable living environment.
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Impact
July, 2024
The Jack Hall Kona Memorial's impact lies in providing affordable housing for lower-income and displaced families, as well as elderly and handicapped individuals in Honolulu, Hawaii. Through its housing project, it offers a safe and stable living environment for those in need, addressing the critical issue of housing insecurity in the community. By ensuring that vulnerable populations have access to suitable housing, the organization contributes towards enhancing the overall well-being and quality of life for these individuals.
This information is meant to be a general summary of Jack Hall Kona Memorial. 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: $1,074
- Program Service Revenue: $357,923
- Gross Receipts: $1,171,672
Assets and Liabilities:
- Total Assets: $4,288,937
- Total Liabilities: $4,119,863
- Net Assets: $169,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$335,962
LAUNDRY INCOME/PARKING
Revenue
$22,600
VACANCIES
Revenue
-$7,119
LATE FEE
Revenue
$5,855
MISC/parking
Revenue
$625
Organization Details
Founding Year
1974
Phone
(808) 949-4111Principal Officer
Tracy Takano
Main Address
c/o 1055 Kalo Place, Honolulu, HI, 96826
NTEE Category
Code: L22 - Housing
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