Overview
What is Hale Mahaolu Home Pumehana Ii Inc?
Hale Mahaolu Home Pumehana Ii Inc is a nonprofit organization situated in Kahului, Hawaii. Their primary mission is to provide affordable housing for the elderly, achieving this through a Section 8 Project Rental Assistance contract with the U.S. Department of Housing and Urban Development. Operating under Section 202 of the National Housing Act, their activities are regulated by HUD. The organization's focus on elderly housing aims to offer a secure and comfortable living environment for this particular demographic.
Official website here: www.halemahaolu.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This high score indicates strong performance in accountability and finance, with the charity demonstrating effective management of its resources. The overall rating is solely based on the accountability and finance beacon, reflecting the organization's commitment to transparency and responsible financial practices.
Hale Mahaolu Home Pumehana Ii Inc excels in governance, having 100% independent board members, which is crucial for ensuring unbiased decision-making. They have a robust set of policies in place, including conflict of interest and whistleblower protections, which further enhances their operational integrity. The organization has also maintained high standards in financial oversight, with no material diversion of assets reported.
The organization's financial health is notable, with a program expense ratio of 95.12%, indicating that a significant portion of its budget is directed toward its programs. Additionally, the liabilities to assets ratio stands at a low 2.40%, showcasing strong financial stability. Overall, Hale Mahaolu Home Pumehana Ii Inc shows a solid commitment to its mission through responsible financial stewardship and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Hale Mahaolu Home Pumehana Ii Inc legitimate?
Hale Mahaolu Home Pumehana Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Mahaolu Home Pumehana Ii 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $434,372
For more financial information, click here
Official website here: www.halemahaolu.org
What is the mission statement of Hale Mahaolu Home Pumehana Ii Inc?
Hale Mahaolu Home Pumehana Ii Inc is dedicated to providing low-income housing for the elderly. Operating under Section 202 of the National Housing Act, the organization is regulated by HUD. The primary function of Hale Mahaolu Home Pumehana Ii Inc is to offer housing assistance to elderly individuals with limited financial resources. This is facilitated through its Section 8 Project Rental Assistance contract with the U.S. Department of Housing and Urban Development. The organization's goal is to ensure that elderly individuals have access to comfortable and secure living environments, offering them a sense of independence and dignity in their later years.
Official website here: www.halemahaolu.org
Who is the CEO of Hale Mahaolu Home Pumehana Ii Inc?
Valerie M K Matsunaga is the Director of Hale Mahaolu Home Pumehana Ii Inc.
Official website here: www.halemahaolu.org
What is the revenue of Hale Mahaolu Home Pumehana Ii Inc?
Hale Mahaolu Home Pumehana Ii Inc's revenue in 2022 was $1,464,387.
Official website here: www.halemahaolu.org
Who are the executives of Hale Mahaolu Home Pumehana Ii Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.halemahaolu.org
Where can I find the form 990 for Hale Mahaolu Home Pumehana Ii Inc?
Hale Mahaolu Home Pumehana Ii 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 Home Pumehana Ii Inc
Hale Mahaolu Home Pumehana Ii Inc, a nonprofit organization, is dedicated to providing low-income housing for the elderly. Operating under Section 202 of the National Housing Act, this organization is regulated by the U.S. Department of Housing and Urban Development. In line with its mission, Hale Mahaolu Home Pumehana Ii Inc offers housing assistance through a Section 8 Project Rental Assistance contract with the U.S. Department of Housing and Urban Development. The aim is to ensure that elderly individuals, who may be financially challenged, have access to safe and comfortable living spaces.
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Impact
July, 2024
Hale Mahaolu Home Pumehana II Inc's impact lies in providing essential low-income housing for the elderly in Kahului, Hawaii. Through its operations under Section 202 of the National Housing Act and regulation by HUD, this organization plays a crucial role in supporting vulnerable elderly individuals with affordable housing options. By facilitating the Section 8 Project Rental Assistance contract with the U.S. Department of Housing and Urban Development, Hale Mahaolu Home Pumehana II Inc contributes to ensuring that elderly individuals have access to safe and affordable housing, ultimately enhancing their quality of life and well-being.
This information is meant to be a general summary of Hale Mahaolu Home Pumehana Ii 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: $5,184
- Program Service Revenue: $1,438,818
- Gross Receipts: $1,464,387
Assets and Liabilities:
- Total Assets: $5,582,227
- Total Liabilities: $134,384
- Net Assets: $5,447,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING
Revenue
$1,432,338
RENTAL INCOME
Revenue
$6,480
Organization Details
Founding Year
1995
Phone
(808) 872-4100Principal Officer
Valerie M K Matsunaga
Main Address
200 HINA AVENUE, KAHULUI, HI, 96732
Website
www.halemahaolu.orgNTEE Category
Code: L20 - Housing
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