Catholic Charities Housing Development Corporation

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

EIN: 990352548 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Charities Housing Development Corporation?

Catholic Charities Housing Development Corporation, based in Honolulu, Hawaii, is a nonprofit organization dedicated to providing affordable housing solutions. Specifically located at 1822 Keaukoku Street, they focus on developing affordable housing units, as seen in their 12-unit apartment complex named Harry and Jeanette Weinberg Hale Hoaloha. Their mission encompasses purchasing, developing, acquiring, owning, renting, managing, and selling real estate properties with the aim to provide affordable and special needs housing for the elderly and socially disadvantaged individuals in the state of Hawaii.


Official website here: www.catholiccharitieshawaii.org

Is Catholic Charities Housing Development Corporation legitimate?

Catholic Charities Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Charities Housing Development Corporation 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: $40,285

For more financial information, click here


Official website here: www.catholiccharitieshawaii.org

What is the mission statement of Catholic Charities Housing Development Corporation?

Catholic Charities Housing Development Corporation is dedicated to providing affordable and specialized housing for the elderly and socially disadvantaged individuals in Hawaii. Their mission involves purchasing, developing, acquiring, owning, renting, managing, and selling real estate properties with this specific goal in mind. The organization's activities extend to providing affordable housing through projects like the Harry and Jeanette Weinberg Hale Ho'aloha, a 12-unit apartment complex offering affordable rents to families and individuals.


Official website here: www.catholiccharitieshawaii.org

Who is the CEO of Catholic Charities Housing Development Corporation?

Michael Magaoay is the Principal Officer of Catholic Charities Housing Development Corporation.


Official website here: www.catholiccharitieshawaii.org

What is the revenue of Catholic Charities Housing Development Corporation?

Catholic Charities Housing Development Corporation's revenue in 2022 was $297,286.


Official website here: www.catholiccharitieshawaii.org

Who are the executives of Catholic Charities Housing Development Corporation and what are their salaries?

There 10 volunteers at Catholic Charities Housing Development Corporation.


Here are 9 key members and their salaries:


Van Tassell Robert (Board Member)
  • Compensation: $0
  • Related: $270,472
  • Other: $32,819
Kobayashi Jr Paul (Board Treasurer)
  • Compensation: $0
  • Related: $156,522
  • Other: $4,542
Larson Betty Lou (Board Secretary)
  • Compensation: $0
  • Related: $14,256
  • Other: $0
Magaoay Michael (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Weston Cori (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Berthiaume Rene (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fukumoto Rona (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Secor Gary Very Rev (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.catholiccharitieshawaii.org

Where can I find the form 990 for Catholic Charities Housing Development Corporation?

Catholic Charities Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.catholiccharitieshawaii.org

Learn more at the official website: www.catholiccharitieshawaii.org

Mission Statement of Catholic Charities Housing Development Corporation

Catholic Charities Housing Development Corporation is dedicated to the mission of creating affordable housing options for elderly and socially disadvantaged individuals in Hawaii. Through the purchase, development, acquisition, ownership, rental, management, and sale of real estate properties, this nonprofit organization aims to provide housing that caters to the specific needs of these groups. Their mission is to ensure that affordable housing is accessible to those who require it most, thereby contributing to a more inclusive and equitable community.

One of the initiatives undertaken by Catholic Charities Housing Development Corporation is the Harry and Jeanette Weinberg Hale Hoaloha, a 12-unit apartment complex. This project provides affordable rental options for families and individuals in need, demonstrating the organization's commitment to making a tangible difference in the lives of its target population. By offering affordable housing, Catholic Charities Housing Development Corporation helps to alleviate the burden of increased housing costs for vulnerable groups, enabling them to focus on other aspects of their lives.

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Impact




October, 2024

Catholic Charities Housing Development Corporation significantly impacts Hawaii by developing affordable housing options for families and individuals. One of its notable projects is the Harry and Jeanette Weinberg Hale Hoaloha, a 12-unit apartment complex that provides low-cost rental opportunities. The organization aims to purchase, develop, and manage real estate properties specifically to address the housing needs of the elderly and socially disadvantaged individuals in the state. Through these efforts, it plays a crucial role in enhancing community well-being and promoting stability for those who need it most in Honolulu and across Hawaii.




This information is meant to be a general summary of Catholic Charities Housing Development Corporation. 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
$297,286 (2022)
Expenses
$440,905 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $111
  • Program Service Revenue: $296,861
  • Gross Receipts: $297,286

Assets and Liabilities:

  • Total Assets: $7,410,192
  • Total Liabilities: $2,202,676
  • Net Assets: $5,207,516

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Programs

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

RENTAL INCOME

Revenue

$296,861

Organization Details

Founding Year

1999

Principal Officer

Michael Magaoay

Main Address

1822 KEEAUMOKU STREET, HONOLULU, HI, 96822

NTEE Category

Code: L20 - Housing

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