Overview
What is Maui Kokua Housing Inc?
Maui Kokua Housing Inc is a nonprofit organization situated in Honolulu, Hawaii. With a primary focus on providing affordable living solutions, they specialize in serving adults struggling with serious mental illnesses. Their mission involves owning and operating an affordable group home, offering a safe and supportive environment for these individuals. They currently serve a small yet significant number of seven clients, demonstrating their dedication to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% - Three-Star out of Four Star Rating. Maui Kokua Housing Inc has achieved a Three-Star rating, indicating a solid level of financial health and accountability. This score is based solely on their Accountability & Finance metrics, reflecting a strong commitment to responsible management of resources.
The organization stands out with a perfect score in several areas, including having 100% independent board members and maintaining effective policies for conflicts of interest and whistleblowing. Additionally, they demonstrate a high program expense ratio of 97%, suggesting that most of their funds are directed towards their mission-related activities rather than administrative costs.
However, the organization faces challenges, particularly with a liabilities to assets ratio of 141%, which may indicate potential financial risks. While their accountability measures are robust, this financial ratio suggests that they might have more obligations than available assets, warranting attention for future sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Maui Kokua Housing Inc legitimate?
Maui Kokua Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maui Kokua 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.
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What is the mission statement of Maui Kokua Housing Inc?
Maui Kokua Housing Inc's mission is centered around providing affordable housing solutions. Specifically, the organization specializes in operating a group home for adults struggling with serious mental illnesses. Their primary goal is to offer affordable rental housing for individuals battling these mental health challenges, aiming to provide them with a stable living environment. As evidenced by their past actions, they have successfully served seven such clients, demonstrating their commitment to this cause.
Who is the CEO of Maui Kokua Housing Inc?
Melinda Yamanaga is the President of Maui Kokua Housing Inc.
What is the revenue of Maui Kokua Housing Inc?
Maui Kokua Housing Inc's revenue in 2022 was $52,639.
Who are the executives of Maui Kokua Housing Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Maui Kokua Housing Inc?
Maui Kokua Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maui Kokua Housing Inc
Maui Kokua Housing Inc is committed to providing affordable rental housing for individuals who are afflicted with serious mental illnesses. In line with this mission, the organization owns and operates an affordable group home, offering a safe and supportive living environment for these individuals. By doing so, Maui Kokua Housing Inc aims to contribute to their well-being and help them manage their mental health challenges more effectively. In its first year of operation, the nonprofit served seven clients, demonstrating its dedication to making a difference in the lives of those in need.
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Impact
August, 2024
Maui Kokua Housing Inc's impact is profound in providing affordable housing for individuals with serious mental illnesses. Their ownership and operation of a group home in Honolulu, Hawaii have directly served seven clients in need. By offering a stable and supportive environment, Maui Kokua Housing Inc is fulfilling its mission of providing crucial housing support to those with mental health challenges. Their work is crucial in addressing the housing needs of this vulnerable population, ultimately contributing to their well-being and stability.
This information is meant to be a general summary of Maui Kokua 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14
- Program Service Revenue: $52,625
- Gross Receipts: $52,639
Assets and Liabilities:
- Total Assets: $478,190
- Total Liabilities: $674,254
- Net Assets: -$196,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$52,625
Organization Details
Founding Year
2001
Phone
(808) 737-2523Principal Officer
Melinda Yamanaga
Main Address
1221 KAPIOLANI BLVD STE 345, HONOLULU, HI, 96814
NTEE Category
Code: L21 - Housing
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