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Hawaii Hotel Industry Foundation

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

EIN: 990194293 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Hawaii Hotel Industry Foundation?

The Hawaii Hotel Industry Foundation is a charitable organization situated in Honolulu, Hawaii, specifically at 2270 KALAKAUA AVENUE SUITE 1702. It is dedicated to philanthropic pursuits, raising funds primarily through an annual walkathon. The organization's mission is to disburse these funds to numerous charitable organizations within Hawaii, making a significant impact on the community. Its activities are solely aimed at contributing to various non-profit organizations, demonstrating its commitment to bettering the lives of people in the region.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

The Hawaii Hotel Industry Foundation has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived solely from its Accountability & Finance metrics, which reflect the foundation's commitment to transparency and responsible management of its resources.

The organization excels in several key areas, such as having a fully independent board, with 94% of its members meeting this criterion. It has demonstrated strong financial oversight, with no material diversion of assets reported, and a high program expense ratio of over 93%, suggesting that the majority of its funds are directed toward its mission.

Despite its strengths, the overall rating is still limited to its financial aspects, as there are no additional performance indicators included in the scoring. While the foundation showcases good governance practices, the absence of a broader evaluation could provide a more comprehensive view of its impact and efficacy in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Hawaii Hotel Industry Foundation legitimate?

Hawaii Hotel Industry Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Hotel Industry Foundation 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 Hotel Industry Foundation?

The Hawaii Hotel Industry Foundation operates solely for charitable purposes. They raise funds primarily through an annual walkathon and distribute these funds to numerous charitable organizations within Hawaii. The organization's primary mission involves making direct contributions to various non-profit organizations in the region. By doing so, they aim to contribute positively to the local community. The foundation's primary activity revolves around fundraising and dispersing these funds to support various charitable causes.

Who is the CEO of Hawaii Hotel Industry Foundation?

Mufi Hannemann is the Secretary of Hawaii Hotel Industry Foundation.

What is the revenue of Hawaii Hotel Industry Foundation?

Hawaii Hotel Industry Foundation's revenue in 2022 was $2,672,829.

Who are the executives of Hawaii Hotel Industry Foundation and what are their salaries?


Here are 17 key members and their salaries:


Mufi Hannemann (Secretary)
  • Compensation: $0
  • Related: $253,460
  • Other: $30,220
Craig Anderson (Hawaii Chap)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Arigo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Eastman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Foti (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Grauso (Oahu Chap)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Hargrove (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kisan Jo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Kaaa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Shimomura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Takaki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Toner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Vento (Maui Chap)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Vergara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beres Wall (Kauai Chap)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hawaii Hotel Industry Foundation?

Hawaii Hotel Industry Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hawaii Hotel Industry Foundation

The Hawaii Hotel Industry Foundation is a charitable organization that dedicates its efforts solely to raising funds and making contributions to numerous non-profit organizations in Hawaii. Operating under the mission to contribute towards charitable causes, this foundation raises funds primarily through an annual walkathon event. By disbursing these funds to various charitable organizations in the state, the Hawaii Hotel Industry Foundation plays a significant role in supporting a wide range of community initiatives. The organization's activities directly contribute to the betterment of the communities it serves, demonstrating its commitment to philanthropy and charitable work.

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Impact




July, 2024

The Hawaii Hotel Industry Foundation plays a significant role in supporting charitable organizations across Hawaii. Through its annual walkathon and fundraising efforts, the foundation raises valuable funds that are then distributed to various nonprofit organizations in the community. This direct contribution helps to support and improve the well-being of individuals and communities in Hawaii. The foundation's commitment to charitable purposes underscores its dedication to making a positive impact and fostering community improvement in the state.




This information is meant to be a general summary of Hawaii Hotel Industry Foundation. 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
$2,672,829 (2022)
Expenses
$2,543,391 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,019
  • Gross Receipts: $2,913,439

Assets and Liabilities:

  • Total Assets: $1,093,682
  • Total Liabilities: $16,376
  • Net Assets: $1,077,306

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Organization Details

Founding Year

1979

Principal Officer

Mufi Hannemann

Main Address

2270 KALAKAUA AVENUE SUITE 1702, HONOLULU, HI, 96815

NTEE Category

Code: S21Z - Community improvement

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