Hawaii Captive Insurance Council Corp

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

EIN: 990292660 ✦ Honolulu, HI ✦ Designated as a 501(c)(6)

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Overview

What is Hawaii Captive Insurance Council Corp?

Hawaii Captive Insurance Council Corp is a nonprofit organization, headquartered in Honolulu, Hawaii, with a postal address at PO Box 2815. Its primary objective is to foster the growth and development of captive insurance companies within the state of Hawaii. To achieve this, they organize annual forums, educational webinars, and seminars. Additionally, they aim to raise public awareness of Hawaii as an attractive captive insurance domicile, embodying the Aloha spirit. The HCIC serves as a platform that unites and supports captive owners, regulators, legislators, and captive service providers, advocating for relevant issues and maintaining Hawaii's status as a renowned captive insurance domicile.


Official website here: www.hawaiicaptives.com

Is Hawaii Captive Insurance Council Corp legitimate?

Hawaii Captive Insurance Council Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hawaii Captive Insurance Council Corp 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


Official website here: www.hawaiicaptives.com

What is the mission statement of Hawaii Captive Insurance Council Corp?

The Hawaii Captive Insurance Council Corp, guided by the principles of aloha, aims to foster unity and support among captive insurance owners, regulators, legislators, and service providers. The organization advocates for relevant issues and initiatives, educating its members and prospective members to maintain Hawaii as a distinguished captive insurance domicile. Additionally, the council promotes and advances the formation and growth of captive insurance companies within the state of Hawaii by organizing annual forums, educational webinars, and seminars.


Official website here: www.hawaiicaptives.com

Who is the CEO of Hawaii Captive Insurance Council Corp?

Unavailable


Official website here: www.hawaiicaptives.com

What is the revenue of Hawaii Captive Insurance Council Corp?

Hawaii Captive Insurance Council Corp's revenue in 2022 was $56,188.


Official website here: www.hawaiicaptives.com

Who are the executives of Hawaii Captive Insurance Council Corp and what are their salaries?

There 22 volunteers at Hawaii Captive Insurance Council Corp.


Here are 16 key members and their salaries:


Christina Kamaka (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beyer (Vice Chair & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Straka (Chairperson & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Miura (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Shimomoto (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyson Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Teraoka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denys Kazama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Haik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Ziemba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Okamoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Asato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerelyn Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Takamine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Owens (Director (Ending 10/31/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Masako Ruiz (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hawaiicaptives.com

Where can I find the form 990 for Hawaii Captive Insurance Council Corp?

Hawaii Captive Insurance Council Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hawaiicaptives.com

Learn more at the official website: www.hawaiicaptives.com

Mission Statement of Hawaii Captive Insurance Council Corp

Hawaii Captive Insurance Council Corp, guided by the Aloha spirit, serves to unify and support various stakeholders in the captive insurance industry. This includes captive owners, regulators, legislators, and captive service providers. The organization's mission is multifaceted, aiming to advocate for relevant issues and initiatives. It also strives to educate its members and prospective members about current and emerging matters in the captive insurance domain. By doing so, Hawaii Captive Insurance Council Corp aims to maintain Hawaii as a leading and esteemed captive insurance domicile on a global scale.

In addition to advocacy and education, Hawaii Captive Insurance Council Corp also works towards promoting and fostering the formation and growth of captive insurance companies within the state of Hawaii. This is achieved through annual forums, educational webinars, and seminars. These events provide a platform for industry professionals to network, share insights, and learn about the latest trends and developments in captive insurance. By offering these resources, Hawaii Captive Insurance Council Corp plays a significant role in strengthening the captive insurance sector in Hawaii and contributing to its continued success.

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Impact




October, 2024

The Hawaii Captive Insurance Council Corp has a significant impact on the captive insurance industry, particularly in positioning Hawaii as a premier domicile for such companies. By promoting public awareness and facilitating the formation and growth of captive insurance companies, it plays a crucial role in attracting businesses to the state.

Through annual forums, educational webinars, and seminars, the Council provides valuable resources and knowledge to captive owners, regulators, legislators, and service providers. This not only enhances the expertise within the captive insurance sector but also fosters collaboration and networking among stakeholders.

Moreover, by advocating on critical issues and initiatives, the Council helps shape policies that support the evolution of the industry. Its mission to unify and educate supports the sustainability and growth of the captive insurance market in Hawaii, ensuring that the state remains a competitive and sought-after location for captive insurance solutions. Overall, the Hawaii Captive Insurance Council Corp is instrumental in enhancing the local economy and community through its commitment to the captive insurance industry.




This information is meant to be a general summary of Hawaii Captive Insurance Council Corp. 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
$56,188 (2022)
Expenses
$108,548 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,113
  • Program Service Revenue: $47,075
  • Gross Receipts: $56,188

Assets and Liabilities:

  • Total Assets: $792,855
  • Total Liabilities: $293,860
  • Net Assets: $498,995

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$47,075

Organization Details

Founding Year

1993

Main Address

PO Box 2815, Honolulu, HI, 96803

NTEE Category

Code: S40 - Community improvement

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