Overview
What is Hale Mahaolu Elima Inc?
Hale Mahaolu Elima Inc is a nonprofit organization based in Kahului, Hawaii, dedicated to bettering the lives of the elderly. Their primary mission is to develop and maintain elderly housing projects, offering affordable living options for senior citizens. In addition to housing, they implement various programs to support this demographic, ensuring their overall well-being. These initiatives aim to enhance the quality of life for the elderly in the community.
Official website here: www.halemahaolu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Hale Mahaolu Elima Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 92% in its Accountability & Finance category, which signifies strong governance and effective financial management practices. The rating indicates that Hale Mahaolu Elima Inc has well-established policies, including a conflict of interest policy and a whistleblower policy, which further enhance its credibility.
The nonprofit demonstrates a significant commitment to its mission through the allocation of resources, with an impressive program expense ratio of 94.45%. This suggests that a substantial majority of its funds are directed toward its core programs rather than administrative expenses. Additionally, the organization's board is composed entirely of independent members, highlighting a robust governance structure.
Despite its strengths, the financial compensation for key personnel is notable, with the Executive Director earning $255,227. While competitive salaries can aid in attracting qualified leadership, it is essential for stakeholders to consider this aspect within the context of the entire financial picture. Overall, Hale Mahaolu Elima Inc showcases strong operational practices and a clear dedication to its mission, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hale Mahaolu Elima Inc legitimate?
Hale Mahaolu Elima Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Mahaolu Elima 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: $213,367
For more financial information, click here
Official website here: www.halemahaolu.org
What is the mission statement of Hale Mahaolu Elima Inc?
Hale Mahaolu Elima Inc's mission is centered around developing and maintaining elderly housing projects, with an aim to benefit the elderly population. The organization implements various programs related to senior living, striving to provide affordable housing solutions for elderly individuals. By doing so, Hale Mahaolu Elima Inc seeks to improve the quality of life for the elderly, offering them a secure and suitable living environment.
Official website here: www.halemahaolu.org
Who is the CEO of Hale Mahaolu Elima Inc?
Valerie M K Matsunaga is the Director of Hale Mahaolu Elima Inc.
Official website here: www.halemahaolu.org
What is the revenue of Hale Mahaolu Elima Inc?
Hale Mahaolu Elima Inc's revenue in 2022 was $608,652.
Official website here: www.halemahaolu.org
Who are the executives of Hale Mahaolu Elima Inc and what are their salaries?
Here are 19 key members and their salaries:
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- Related: $255,227
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- Related: $144,551
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- Related: $133,520
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Official website here: www.halemahaolu.org
Where can I find the form 990 for Hale Mahaolu Elima Inc?
Hale Mahaolu Elima Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.halemahaolu.org
Learn more at the official website: www.halemahaolu.org
Mission Statement of Hale Mahaolu Elima Inc
Hale Mahaolu Elima Inc is dedicated to creating and sustaining elderly housing projects, along with related programs, to positively impact the elderly community. The organization's mission is centered around providing affordable housing solutions for senior citizens, ensuring that they have a secure living environment. By developing and maintaining these projects, Hale Mahaolu Elima Inc seeks to enhance the quality of life for the elderly population, offering them a sense of security and stability. The organization's programs are designed with the elderly in mind, focusing on their unique needs and circumstances to provide them with a comfortable and supportive living environment.
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Impact
July, 2024
Hale Mahaolu Elima Inc's impact is significant in Kahului, HI, where it plays a crucial role in developing and maintaining elderly housing projects. By providing low-income housing for senior citizens, the organization directly addresses the housing needs of the elderly population in the area. Additionally, Hale Mahaolu Elima implements related programs that benefit the elderly, contributing to their overall well-being and quality of life. Through its focused mission and efforts, the organization positively impacts the lives of elderly residents in Kahului, HI, ensuring they have access to safe and affordable housing options tailored to their specific needs.
This information is meant to be a general summary of Hale Mahaolu Elima 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 2022.
- Investment Income: $990
- Program Service Revenue: $601,180
- Gross Receipts: $608,652
Assets and Liabilities:
- Total Assets: $4,575,720
- Total Liabilities: $85,330
- Net Assets: $4,490,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$601,180
Organization Details
Founding Year
1993
Phone
(808) 872-4100Principal Officer
Valerie M K Matsunaga
Main Address
200 HINA AVENUE, KAHULUI, HI, 96732
Website
www.halemahaolu.orgNTEE Category
Code: L22 - Housing
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