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Hawaii Assisted Housing Inc

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

EIN: 990310230 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Hawaii Assisted Housing Inc?

Hawaii Assisted Housing Inc is a nonprofit organization situated in Honolulu, Hawaii. Their primary mission is to enhance the living conditions of families within Hawaii by providing affordable housing. This is achieved through various initiatives, such as improving existing senior affordable housing centers like Na Lei Hulu Kupuna, and constructing new properties, like Koa' Makana, one of the largest affordable housing complexes in Kauai. The organization also focuses on acquiring or building affordable housing projects in accordance with federal and state regulations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)

Hawaii Assisted Housing Inc has received a three-star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is based entirely on its Accountability & Finance metrics, which also scored a commendable 75%. This rating reflects the organization's strong governance practices and effective management of resources.

The nonprofit has demonstrated strengths in several key areas, including having an entirely independent board of members, which showcases a commitment to transparency and impartial decision-making. With a program expense ratio of 99.42%, the organization allocates a significant portion of its funds directly to its programs, highlighting its focus on mission-driven work. Furthermore, there are no reported material diversions of assets, indicating sound financial stewardship.

However, while the organization shows strong accountability, the overall score suggests there may be areas for improvement in operational effectiveness or additional financial metrics that could enhance its rating. Despite this, the nonprofit's strong performance in the areas evaluated reflects positively on its dedication to its mission.


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

Is Hawaii Assisted Housing Inc legitimate?

Hawaii Assisted Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Assisted Housing 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 Hawaii Assisted Housing Inc?

Hawaii Assisted Housing Inc's mission is centered around improving living conditions for low-income families. They achieve this by investing in and developing affordable housing projects, which involves constructing, acquiring, and refurbishing properties in accordance with federal and state regulations. The organization has contributed to various projects, such as enhancing senior affordable housing centers and constructing Koa'e Makana, one of the largest affordable housing properties in Kauai, Hawaii. The primary goal is to provide affordable housing, thereby improving the quality of life for these families.

Who is the CEO of Hawaii Assisted Housing Inc?

Carl Cunningham is the President/Director of Hawaii Assisted Housing Inc.

What is the revenue of Hawaii Assisted Housing Inc?

Hawaii Assisted Housing Inc's revenue in 2022 was $537,191.

Who are the executives of Hawaii Assisted Housing Inc and what are their salaries?


Here are 5 key members and their salaries:


Carl Cunningham (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Yee (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne T Takahashi (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taryn Shizuru (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Fukumoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hawaii Assisted Housing Inc?

Hawaii Assisted Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hawaii Assisted Housing Inc

Hawaii Assisted Housing Inc, a nonprofit organization, is committed to improving the living conditions of low-income families within Hawaii. They achieve this mission by investing in affordable housing projects. This involves constructing, acquiring, and furnishing housing units that meet the federal and state-defined criteria for affordability. The organization's efforts extend beyond building new properties. They also improve existing facilities, such as Na Lei Hulu Kupuna Senior Affordable Housing Centers, and develop large-scale projects, like Koa'e Makana, one of the largest affordable housing properties in Kauai, Hawaii. By providing affordable housing, Hawaii Assisted Housing Inc contributes to the betterment of families' living situations, aiming to create a more inclusive and equitable living environment.

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Impact




July, 2024

Hawaii Assisted Housing Inc's impact lies in fostering the development of low-income housing to improve the living conditions of families within Hawaii. By investing in projects such as improvements of Na Lei Hulu Kupuna senior affordable housing centers and the construction of Koa'e Makana, one of the largest affordable housing properties in Kauai, Hawaii, the organization is directly addressing the pressing need for affordable housing in the state. Through their work, Hawaii Assisted Housing Inc is making a tangible difference in the lives of low-income families by providing them with access to safe and affordable housing options.




This information is meant to be a general summary of Hawaii Assisted Housing 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.

Revenue
$537,191 (2022)
Expenses
$445,785 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $445,470
  • Gross Receipts: $537,191

Assets and Liabilities:

  • Total Assets: $9,468,808
  • Total Liabilities: $340,730
  • Net Assets: $9,128,078

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Programs

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

INCENTIVE LEASING FEE

Revenue

$400,000

GP INCOME

Revenue

$45,470

Organization Details

Founding Year

1993

Principal Officer

Carl Cunningham

Main Address

3165 WAIALAE AVENUE 200, HONOLULU, HI, 96816

NTEE Category

Code: L21 - Housing

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