Overview
What is Hale Mahaolu Akahi Inc?
Hale Mahaolu Akahi Inc is a nonprofit organization based in Kahului, Hawaii, committed to providing affordable housing solutions for the elderly. Operating under Section 202 of the National Housing Act, this organization is overseen by the U.S. Department of Housing and Urban Development. Their primary mission is to ensure that elderly individuals have access to comfortable living spaces, thereby contributing to their well-being and quality of life.
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.
Hale Mahaolu Akahi Inc has earned a high rating primarily due to its strong accountability and financial management practices. With a perfect score for having an independent board and comprehensive oversight measures, the organization demonstrates a commitment to transparency and effective governance. The financial health indicators, such as the low liabilities to assets ratio and a high program expense ratio, suggest that the majority of its resources are effectively allocated toward its mission.
The organization scored full marks in several critical areas, including the presence of conflict of interest and whistleblower policies, as well as document retention protocols. These factors contribute positively to its credibility and operational integrity. Furthermore, the charity maintains transparency by listing its website on tax forms and making board meeting minutes accessible.
However, while the financial and governance ratings are commendable, the summary does not provide information on the charity's program impact or user feedback regarding its services, which could offer a more rounded view of its overall effectiveness in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Hale Mahaolu Akahi Inc legitimate?
Hale Mahaolu Akahi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hale Mahaolu Akahi 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
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Other Salaries and Wages: $458,368
For more financial information, click here
Official website here: www.halemahaolu.org
What is the mission statement of Hale Mahaolu Akahi Inc?
Hale Mahaolu Akahi Inc, as an organization, is dedicated to providing low-income housing for the elderly. Operating under Section 202 of the National Housing Act, it is subject to regulation by the U.S. Department of Housing and Urban Development. The primary objective of Hale Mahaolu Akahi Inc is to create an affordable living environment for this specific demographic, aiming to support their needs and enhance their quality of life. The organization's programs and initiatives are aligned with this mission, focusing on providing suitable housing solutions for the elderly.
Official website here: www.halemahaolu.org
Who is the CEO of Hale Mahaolu Akahi Inc?
Valerie M K Matsunaga is the Director of Hale Mahaolu Akahi Inc.
Official website here: www.halemahaolu.org
What is the revenue of Hale Mahaolu Akahi Inc?
Hale Mahaolu Akahi Inc's revenue in 2022 was $1,109,798.
Official website here: www.halemahaolu.org
Who are the executives of Hale Mahaolu Akahi 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 Akahi Inc?
Hale Mahaolu Akahi 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 Akahi Inc
Hale Mahaolu Akahi Inc, as a nonprofit organization, is dedicated to providing low-income housing for the elderly. Operating under Section 202 of the National Housing Act, this mission is overseen by the U.S. Department of Housing and Urban Development. The primary goal of Hale Mahaolu Akahi Inc is to create affordable living spaces for the elderly population, ensuring they have a place to call home. The organization's programs are focused on this mission, providing a much-needed service for a specific demographic.
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Impact
July, 2024
Hale Mahaolu Akahi Inc's impact lies in providing essential low-income housing to the elderly population in Kahului, Hawaii. By operating under Section 202 of the National Housing Act and being regulated by the U.S. Department of Housing and Urban Development, Hale Mahaolu Akahi is dedicated to offering affordable living spaces for elderly individuals in need. This organization plays a crucial role in ensuring that this demographic has access to safe and suitable housing options, contributing to their well-being and quality of life.
This information is meant to be a general summary of Hale Mahaolu Akahi 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: $201
- Program Service Revenue: $1,093,051
- Gross Receipts: $1,109,798
Assets and Liabilities:
- Total Assets: $1,955,583
- Total Liabilities: $204,655
- Net Assets: $1,750,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,093,051
Organization Details
Founding Year
2006
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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