2022-11-02T17:27:12-04:00 2021-12-31 990272757 AKAMINE OYADOMARI & KOSAKI CPAS INC 1601 KAPIOLANI BLVD STE 1140 HONOLULU HI 96814 990 2021-01-01 990282148 HAWAII COMMUNITY REINVESTMENT CORPORATION HAWA 8085323110 PO BOX 3409 HONOLULU HI 96801 HEATHER PIPER EXECUTIVE DIRECTOR 8085323110 2022-11-02 true HEATHER PIPER 999009999 KRYSTAL CHING P01258469 8089410500 2022-11-02 2021 2022-09-23 18:48:47Z HEATHER PIPER PO BOX 3409 HONOLULU HI 96801 373712 false X WWW.HCRCHAWAII.COM X 1990 HI THE MISSION OF THE CORPORATION IS TO PROVIDE INNOVATIVE FINANCING, TRAINING, AND CONSULTING SERVICES TO PUBLIC AND PRIVATE ORGANIZATIONS WHO ENGAGE IN BUILDING LIVABLE COMMUNITIES IN HAWAII. 6 6 2 0 2530759 336935 33136 33281 9280 3496 0 2573175 373712 1661648 40000 0 234150 225669 0 0 223293 136099 2119091 401768 454084 -28056 4210648 4069183 969902 981493 3240746 3087690 X THE MISSION OF THE CORPORATION IS TO FACILITATE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT FACILITIES AND ECONOMIC DEVELOPMENT THROUGHOUT THE STATE OF HAWAII BY PROVIDING INNOVATIVE FINANCING, TRAINING, AND CONSULTING SERVICES TO PUBLIC AND PRIVATE ORGANIZATIONS. false false 305316 40000 33281 HCRC AND SUBSIDIARIES HAVE ASSISTED 3,508 AFFORDABLE RENTAL HOUSING UNITS WITH FUNDING OF 205.5 MILLION THROUGH ITS AFFORDABLE HOUSING LOAN PARTICIPATION PROGRAM, PROVIDED 7 BUSINESS LOANS TOTALING 3.6 MILLION THROUGH THE SBA 504 LOAN PROGRAM, PROVIDED 14 BUSINESS LOANS TOTALING 1,842,982.17 DIRECTLY TO NONPROFIT AND SMALL BUSINESSES, AND PROVIDED 203 ENERGY EFFICIENCY LOANS TOTALING 4.8 MILLION THROUGH THE DBEDT GREENSUN LOAN LOSS RESERVE PROGRAM. HCRC GRANTED 789,474 TO THE UNIVERSITY OF HAWAII FOUNDATION TO FUND AN ENDOWMENT TO ESTABLISH THE HAWAII COMMUNITY REINVESTMENT CORPORATION DISTINGUISHED PROFESSORSHIP IN AFFORDABLE HOUSING, ADMINISTERED A PASSTHROUGH GRANT IN THE AMOUNT OF 1,983,950 FOR HUD AND C&C HONOLULU TO A NONPROFIT FOR PRESERVATION OF AFFORDABLE HOUSING IN TOD DISTRICT, AND ADMINSTERED 153 PASSTHROUGH GRANTS TOTALING 1,833,759 FOR THE C&C HONOLULU MAYORS OFFICE OF CULTURE AND ARTS CARES ACT RECOVERY & RELIEF FUND PROGRAM. 305316 true true false false false false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false false true false false false false false true true false false false true 6 0 true 2 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false X X HAWAII COMMUNITY REINVESTMENT CORP 8085323110 PO BOX 3409 HONOLULU HI 96801 BRYAN LUKE CHAIRMAN & S 1.00 X X 0 0 0 SCOTT HAYASHI TREASURER/DI 1.00 X X 0 0 0 AMY ASSELBAYE DIRECTOR 0.50 X 0 0 0 ROY KATSUDA DIRECTOR 0.50 X 0 0 0 TONY MIZUNO DIRECTOR 0.50 X 0 0 0 DARREN UEKI DIRECTOR 0.50 X 0 0 0 HEATHER PIPER EXECUTIVE DI 45.00 X 156738 0 27403 156738 27403 1 false true false 160000 176935 336935 INTEREST ON LOANS 522200 23811 23811 DBEDT GRANT AWARD 541900 9470 9470 33281 3496 3496 373712 33281 3496 40000 40000 184141 153151 30990 14646 12181 2465 13771 11454 2317 13111 10904 2207 9149 6008 3141 44434 44434 16452 16194 258 6602 201 6401 13750 12901 849 7875 7875 1667 1667 2666 2666 PROVISION FOR UNCOLLECTAB 15000 15000 PROVISION FOR LOAN LOSSES 9447 9447 MISCELLANEOUS 9057 8333 724 401768 305316 96452 0 156049 1173681 1912354 1533424 552000 47685 560365 981096 7566 8371 14018 14018 1667 1020647 324926 4210648 4069183 40247 34657 929655 946836 969902 981493 X 2563746 2845690 677000 242000 3240746 3087690 4210648 4069183 -28056 -125000 X false true X true false X 275000 205000 2530759 336935 3347694 275000 205000 2530759 336935 3347694 526930 2820764 4131 3969 12143 9280 3496 33019 3380713 2397641 0.83440 0.81260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2986 2986 11032 11032 CERTIFICATES OF DEPOSIT 287709 RESTRICTED CASH 31834 OTHER RECEIVABLES 5383 324926 NOTES PAYABLE 750000 REFUNDABLE ADVANCES 165000 GREENSUN MANAGEMENT FEE FUND 14434 GREENSUN REFLOW & ADMIN FEE FUND 10962 GREENSUN LLR DEPOSITS 6440 946836 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION AFTER AN AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN THE FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES IN THE U.S. FEDERAL JURISDICTION AND THE STATE. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. true COUNCIL FOR NATIVE HAWAIIAN ADVANCE 91-1270 KINOIKI STREET BLDG 1 KAPOLEI HI 96707 910313383 501C3 40000 SEE PART IV 1 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE ADMINISTERED ONLY AFTER EXPENSES ELIBIGLE FOR REIMBURSEMENT WITH PROOF OF PAYMENT IS VERIFIED. SCHEDULE I, PAGE 4, PART IV PART II GRANTS AND OTHER ASSISTANCE TO DOMESTIC ORGANIZATIONS (A) NAME - COUNCIL FOR NATIVE HAWAIIAN ADVANCEMENT (H) PURPOSE OF GRANT OR ASSISTANCE - SUB-GRANT AWARD FROM HAWAII COMMUNITY FOUNDATION FOR PARTICIPATION IN 1,000,000 NON-REVOLVING LINE OF CREDIT TO A NON-PROFIT ORGANIZATION. X false false false false false false false false false HEATHER PIPER EXECUTIVE DIRECTOR 156738 27403 184141 BRYAN LUKE PART V PART V false SCHEDULE L, PART V PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF INTERESTED PERSON: BRYAN LUKE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: DIRECTOR OF EO, KEY EMPLOYEE OF A FINANCIAL INSTITUTION (D) DESCRIPTION OF TRANSACTIONS: END OF YEAR DEPOSIT BALANCE 316,317 FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CORPORATION IS TO FACILITATE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT FACILITIES AND ECONOMIC DEVELOPMENT THROUGHOUT THE STATE OF HAWAII BY PROVIDING INNOVATIVE FINANCING, TRAINING, AND CONSULTING SERVICES TO PUBLIC AND PRIVATE ORGANIZATIONS. FORM 990, PAGE 2, PART III, LINE 4A HCRC AND SUBSIDIARIES HAVE ASSISTED 3,508 AFFORDABLE RENTAL HOUSING UNITS WITH FUNDING OF 205.5 MILLION THROUGH ITS AFFORDABLE HOUSING LOAN PARTICIPATION PROGRAM, PROVIDED 7 BUSINESS LOANS TOTALING 3.6 MILLION THROUGH THE SBA 504 LOAN PROGRAM, PROVIDED 14 BUSINESS LOANS TOTALING 1,842,982.17 DIRECTLY TO NONPROFIT AND SMALL BUSINESSES, AND PROVIDED 203 ENERGY EFFICIENCY LOANS TOTALING 4.8 MILLION THROUGH THE DBEDT GREENSUN LOAN LOSS RESERVE PROGRAM. HCRC GRANTED 789,474 TO THE UNIVERSITY OF HAWAII FOUNDATION TO FUND AN ENDOWMENT TO ESTABLISH THE HAWAII COMMUNITY REINVESTMENT CORPORATION DISTINGUISHED PROFESSORSHIP IN AFFORDABLE HOUSING, ADMINISTERED A PASSTHROUGH GRANT IN THE AMOUNT OF 1,983,950 FOR HUD AND C&C HONOLULU TO A NONPROFIT FOR PRESERVATION OF AFFORDABLE HOUSING IN TOD DISTRICT, AND ADMINSTERED 153 PASSTHROUGH GRANTS TOTALING 1,833,759 FOR THE C&C HONOLULU MAYORS OFFICE OF CULTURE AND ARTS CARES ACT RECOVERY & RELIEF FUND PROGRAM. FORM 990, PART VI SECTION A, LINE 6: AS OF AUGUST 8, 2016, THE CORPORATION HAS NO MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE ANNUAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT. REVISIONS, IF ANY, ARE MADE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY REQUIRES THE BOARD TO PERIODICALLY REVIEW ITS CONFLICT OF INTEREST POLICY. ADDITIONALLY, ALL BOARD MEMBERS ARE REQUIRED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST STATEMENT. PROCEDURES ARE IN PLACE SHOULD A CONFLICT OR POTENTIAL CONFLICT ARISE. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE RECOMMENDS COMPENSATION FOR ALL KEY OFFICER POSITIONS BASED ON SALARY SURVEY INFORMATION OF OTHER NONPROFITS ON A NATIONAL LEVEL SUPPLEMENTED WITH LOCAL COMPENSATION INFORMATION FOR BOARD APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES WHO ARE COMPENSATED BY THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE THROUGH VARIOUS MEANS. GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE DEPARTMENT OF COMMERCE & CONSUMER AFFAIRS OR UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE THROUGH GUIDESTAR.ORG OR UPON REQUEST. HAWAII INVESTORS FOR AFFORDABLE HOU PO BOX 3409 HONOLULU HI 96801 990319716 PART VII HI PART VII C CORP 1.00000 true false false false false false false false false false false false false false false false false false false false SCHEDULE R PART IV - IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION (A) NAME OF RELATED ORGANIZATION: HAWAII INVESTORS FOR AFFORDABLE HOUSING, INC. (HIAHI) (B) PRIMARY ACTIVITY: REAL ESTATE DEVELOPMENT (D) DIRECT CONTROLLING ENTITY: HAWAII COMMUNITY REINVESTMENT CORPORATION (F) HIAHI DID NOT HAVE ANY INCOME IN 2021 (G) HIAHI DID NOT HAVE ANY ASSETS AT THE END OF 2021