2020-11-09T12:39:07-06:00 2019-12-31 990272757 AKAMINE OYADOMARI & KOSAKI CPAS INC 1440 KAPIOLANI BLVD STE 900 HONOLULU HI 968143612 990 2019-01-01 990282148 HAWAII COMMUNITY REINVESTMENT CORPORATION HAWA 8085323110 PO BOX 3409 HONOLULU HI 96801 HEATHER PIPER EXECUTIVE DIRECTOR 8085323110 2020-11-05 true KRYSTAL CHING P01258469 8089410500 2020-11-05 66.192.220.250 2020-11-09 12:39:07 CS P C554D49119A93332FDD3F448B5D0BA422C503756 9EE210A9921951CD604F722488AE59576E87AC02 2019 2021-01-29 14:40:06Z HEATHER PIPER PO BOX 3409 HONOLULU HI 96801 346117 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. 8 8 1 0 275000 205000 2122973 128974 3969 12143 0 2401942 346117 1983950 80000 0 193899 191128 0 0 114951 162311 2292800 433439 109142 -87322 3451579 3360479 1186515 1182737 2265064 2177742 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 251491 80000 128974 HCRC AND SUBSIDIARIES HAVE ASSISTED 3,508 AFFORDABLE RENTAL HOUSING UNITS WITH FUNDING OF 205.5 MILLION THROUGH ITS AFFORDABLE HOUSING LOAN PARTICIPATION PROGRAM. THE CORPORATION HAS PROVIDED 7 SMALL BUSINESS LOANS TOTALING 3.6 MILLION THROUGH THE SBA 504 LOAN PROGRAM (WITHDREW IN 2015) AND 203 ENERGY EFFICIENCY LOANS TOTALING 4.8 MILLION THROUGH THE DBEDT GREENSUN LOAN LOSS RESERVE PROGRAM. ADDITIONALLY, IN 2016 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. IN 2018 HCRC ADMINISTERED A PASS- THROUGH 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. 251491 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 true false false true 8 0 true 1 true false false false false false false false false false false false false X 8 8 true 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 KEITH KATO 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 RALPH MESICK DIRECTOR 0.50 X 0 0 0 DARREN UEKI DIRECTOR 0.50 X 0 0 0 HEATHER PIPER EXECUTIVE DI 45.00 X 140824 0 27210 140824 27210 1 false true false 125000 80000 205000 DBEDT GRANT AWARD 541900 84709 84709 TOD GRANT AWARD 541900 20555 20555 INTEREST ON LOANS 522200 20253 20253 TRAININGS AND SEMINARS 541900 3457 3457 128974 12143 12143 346117 128974 12143 X 80000 80000 168034 89059 78975 12321 6530 5791 10773 5710 5063 2099 2099 60470 60470 49124 46458 2666 2025 2025 3582 3582 6138 5473 665 5613 5613 5538 5538 2069 2069 2410 2410 PROVISION FOR LOAN LOSSES 16236 16236 MISCELLANEOUS 7007 7007 433439 251491 181948 0 301885 309989 1732815 1708121 431139 477865 2552 1643 13459 9792 5736 3667 72026 -128506 905426 987700 3451579 3360479 18598 14992 1167917 1167745 1186515 1182737 X 2219551 1977742 45513 200000 2265064 2177742 3451579 3360479 -87322 X false true X true false X 275000 205000 480000 1034592 29776 79277 2122973 128974 3395592 1034592 29776 79277 2397973 333974 3875592 2075052 2075052 2075052 2075052 1800540 34699 3685 4131 3969 12143 58627 34699 3685 4131 3969 12143 58627 1069291 33461 83408 2401942 346117 3934219 0.45770 0.57790 0.01000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2986 2986 10473 6806 3667 3667 CERTIFICATES OF DEPOSIT 885025 CONTRIBUTIONS RECEIVABLE 100000 OTHER RECEIVABLES 2675 987700 NOTES PAYABLE 550000 ADVANCES FROM HIAHI 480421 GREENSUN REFLOW & ADMIN FEE FUND 92104 GREENSUN LLR DEPOSITS 23081 GREENSUN MANAGEMENT FEE FUND 22139 1167745 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. true LOCAL INITIATIVES SUPPORT CORP 28 LIBERTY STREET 34TH FLOOR NEW YORK NY 10005 133030229 501C3 80000 SEE PART IV 1 SCHEDULE I, PAGE 1, PART I, LINE 2 INFORMATION OBTAINED BY HCRC FOR GRANT AWARD REVIEW IS STORED ELECTRONICALLY AND RETAINED FOR A MINIMUM OF 5 YEARS. LISC SHALL PROVIDE TO HCRC, FOR EACH CALENDAR QUARTER, WITHIN FIFTEEN (15) BUSINESS DAYS AFTER THE END OF EACH CALENDAR QUARTER; PROVIDED THAT THE REPORT TO BE DELIVERED FOR THE QUARTER ENDED JUNE 30, 2019 SHALL INCLUDE INFORMATION FROM MARCH 1, 2019 THROUGH JUNE 30, 2019: (A) AN ACCOUNTING OF ACTUAL SALARY AND FRINGE BENEFIT EXPENSES PAID BY LISC FOR EMPLOYMENT OF THE PO; AND (B) SUCH OTHER INFORMATION AS HCRC SHALL REASONABLY REQUEST TO SATISFY REPORTING TO ITS FUNDERS PROVIDING RESOURCES FOR THE MAKING OF THE GRANT. SCHEDULE I, PAGE 4, PART IV PART II, LINE 1(H) - PURPOSE OF GRANT OR ASSISTANCE SUPPORT THE LISC PROGRAM OFFICER WHO WILL HANDLE LISC AND HCRC'S JOINT LENDING ACTIVITY IN THE STATE OF HAWAII. X false false false false false false false false false HEATHER PIPER EXECUTIVE DIRECTOR 140824 27210 168034 RALPH MESICK PART V PART V false BRYAN LUKE PART V PART V false TONY MIZUNO PART V PART V false SCHEDULE L, PART V PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF INTERESTED PERSON: RALPH MESICK (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: DIRECTOR OF EO, KEY EMPLOYEE OF A FINANCIAL INSTITUTION (D) DESCRIPTION OF TRANSACTION: END OF YEAR DEPOSIT BALANCE 180,245 (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 TRANSACTION: END OF YEAR DEPOSIT BALANCE 101,768 (A) NAME OF INTERESTED PERSON: TONY MIZUNO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: DIRECTOR OF EO, KEY EMPLOYEE OF A FINANCIAL INSTITUTION (D) DESCRIPTION OF TRANSACTION: END OF YEAR DEPOSIT BALANCE 2,287,619 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, PART VI SECTION A, LINE 6: AS OF AUGUST 8, 2016, THE CORPORATION HAS NO MEMBERS. SECTION A, LINE 2: DIRECTOR ROY KATSUDA DOES BUSINESS WITH DIRECTOR DARREN UEKI. DIRECTOR KEITH KATO DOES BUSINESS WITH DIRECTOR DARREN UEKI, DIRECTOR RALPH MESICK AND DIRECTOR TONY MIZUNO. FORM 990, PAGE 6, PART VI, LINE 2 SEE ABOVE 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. FORM 990, PART IX, LINE 11G OTHER FEES 46,458 2,666 0 HAWAII INVESTORS FOR AFFORDABLE HOU PO BOX 3409 HONOLULU HI 96801 990319716 PART VII HI PART VII C CORP -24323 480421 1.00000 true false false false false true false false false false false false false false false false false false false true HAWAII INVESTORS FOR AFFORDABLE HOU E 480421 BOOK VALUE HAWAII INVESTORS FOR AFFORDABLE HOU S 200532 BOOK VALUE SCHEDULE R PART IV - IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION (A) NAME OF RELATED ORGANIZATION: HAWAII INVESTORS FOR AFFORDABLE HOUSING, INC. (B) PRIMARY ACTIVITY: REAL ESTATE DEVELOPMENT (D) DIRECT CONTROLLING ENTITY: HAWAII COMMUNITY REINVESTMENT CORPORATION