Overview
What is Kamana Inc?
Kamana Inc, based in Hilo, Hawaii, is a nonprofit organization dedicated to facilitating affordable housing opportunities for individuals and families with very low, low, and moderate incomes. Their mission is to contribute to the availability of affordable housing, extending a helping hand to those who may not otherwise have access to such resources. The organization operates within the guidelines set for low-income housing facilities and services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Kamana Inc holds a low rating of 54%, indicating significant concerns in its financial accountability and transparency. While the organization has a fully independent board and adheres to policies that promote governance, such as conflict of interest and whistleblower protections, it struggles in areas related to financial health and program expenses.
The charity’s financial ratios reveal that it has no liabilities, which is a positive indicator, but it also shows a concerning lack of program expenses, scoring 0 out of 25 on that measure. This raises questions about the effectiveness and sustainability of its programs. The high scores in governance practices suggest that while the organization is well-structured, it may not be utilizing its resources effectively to fulfill its mission.
Overall, Kamana Inc demonstrates strong governance but faces challenges with its financial management, particularly in delivering programmatic impact. Potential donors and stakeholders may want to consider these factors carefully when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kamana Inc legitimate?
Kamana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kamana Inc 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 Kamana Inc?
Kamana Inc's mission is centered around providing affordable housing opportunities for individuals and families with very low, low, and to an extent, moderate income. They actively participate in the development and management of low-income housing facilities and services, aiming to make housing accessible to those who might otherwise struggle to afford it. This commitment to affordable housing is a crucial part of Kamana Inc's mission, working to ensure that everyone has a decent place to live.
Who is the CEO of Kamana Inc?
Tyler Dickinson is the Secretary/Director of Kamana Inc.
What is the revenue of Kamana Inc?
Kamana Inc's revenue in 2023 was $38,281.
Who are the executives of Kamana Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kamana Inc?
Kamana Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kamana Inc
Kamana Inc, a nonprofit organization, is dedicated to facilitating affordable housing opportunities for individuals and families of very low, low, and moderately low income. Their mission is to actively engage in low-income housing facilities and services, aiming to make housing more accessible for those in need. Kamana Inc strives to make a significant impact in this area, participating in initiatives that extend housing opportunities to a wide range of income groups.
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Impact
August, 2024
Kamana Inc's impact is significant in providing affordable housing opportunities to individuals and families of very low, low, and, to the extent permissible, moderate incomes in Hilo, Hawaii. By participating in low-income housing facilities and services, Kamana Inc plays a crucial role in addressing the housing needs of vulnerable populations in the community. Their mission to facilitate affordable housing options reflects their commitment to improving the quality of life for those in need of housing assistance.
This information is meant to be a general summary of Kamana Inc. 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: $23,640
- Program Service Revenue: $14,665
- Gross Receipts: $38,281
Assets and Liabilities:
- Total Assets: $1,303,431
- Total Liabilities: $0
- Net Assets: $1,303,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$14,665
Organization Details
Founding Year
1984
Phone
(808) 969-3327Principal Officer
Tyler Dickinson
Main Address
688 KINOOLE STREET 102, HILO, HI, 96720
NTEE Category
Code: L22 - Housing
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