Overview
What is Hale Makua Foundation?
Hale Makua Foundation, situated in Kaneohe, Hawaii, serves as a vital supporter of Hale Makua Health Services. This nonprofit organization manages its investments and offers financial aid to the health service, which primarily caters to individuals receiving Medicaid, a federal program aimed at assisting the elderly, blind, and disabled with medical care. The foundation's mission is to bolster the services provided by Hale Makua Health Services, ensuring continued support for its residents.
Official website here: www.halemakua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars
The Hale Makua Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is primarily derived from the Accountability & Finance category, where the foundation scored 57%. This rating highlights potential issues that could affect donor trust and organizational transparency.
On a more positive note, the foundation demonstrates strengths such as having a fully independent board, with 80% of its members meeting independence criteria. Additionally, it has established policies for conflict of interest, whistleblower protection, and document retention, all of which are vital for maintaining ethical governance. However, the foundation's low program expense ratio of 32.40% raises concerns about its effectiveness in directing funds toward its mission.
A notable limitation is the absence of the tax form on the nonprofit's website, which impacts the overall score in accountability. Furthermore, the low liabilities to assets ratio of 0.08% suggests minimal financial risk, but the overall picture points to areas in need of improvement, particularly in enhancing program expenditures to better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Hale Makua Foundation legitimate?
Hale Makua Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Makua 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.
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Official website here: www.halemakua.org
What is the mission statement of Hale Makua Foundation?
The Hale Makua Foundation plays a crucial role in supporting Hale Makua Health Services by managing its investments. Its primary focus is on assisting individuals who are mainly recipients of Medicaid, a federal program designed to aid the elderly, blind, and disabled with medical assistance. The foundation's mission is to provide this support to the health services, thus contributing significantly to their operations. It should be noted that the Hale Makua Foundation manages its own investments as part of its mission to strengthen the health services it supports.
Official website here: www.halemakua.org
Who is the CEO of Hale Makua Foundation?
Wesley P Lo is the Vice Chair of Hale Makua Foundation.
Official website here: www.halemakua.org
What is the revenue of Hale Makua Foundation?
Hale Makua Foundation's revenue in 2022 was $86,438.
Official website here: www.halemakua.org
Who are the executives of Hale Makua Foundation and what are their salaries?
There 5 volunteers at Hale Makua Foundation.
Here are 7 key members and their salaries:
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Official website here: www.halemakua.org
Where can I find the form 990 for Hale Makua Foundation?
Hale Makua Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.halemakua.org
Learn more at the official website: www.halemakua.org
Mission Statement of Hale Makua Foundation
Hale Makua Foundation plays a crucial role in supporting Hale Makua Health Services, overseeing all of its investments. The majority of residents at Hale Makua Health Services rely on Medicaid, a federal program designed to assist individuals who are aged, blind, or disabled with medical aid. In essence, Hale Makua Foundation provides essential backing to Hale Makua Health Services, ensuring that this crucial service continues to operate and cater to those in need.
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Impact
October, 2024
Hale Makua Foundation plays a vital role in enhancing the well-being of individuals in Kaneohe, HI, particularly through its support of Hale Makua Health Services. Focused primarily on assisting Medicaid recipients, the foundation ensures that essential medical support is available for those who are aged, blind, or disabled. By managing investments that bolster these health services, Hale Makua Foundation contributes to improving health outcomes and overall quality of life for its residents. Through its dedicated efforts, it facilitates access to necessary medical assistance, ultimately fostering a healthier community.
This information is meant to be a general summary of Hale Makua 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $86,438
- Gross Receipts: $158,811
Assets and Liabilities:
- Total Assets: $5,304,704
- Total Liabilities: $4,281
- Net Assets: $5,300,423
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Organization Details
Founding Year
1992
Phone
(808) 877-2761Principal Officer
Wesley P Lo
Main Address
45-181 WAIKALUA ROAD, KANEOHE, HI, 96744
Website
www.halemakua.orgNTEE Category
Code: E91 - Health
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