HAWAII COMMUNITY REINVESTMENT CORP: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- HAWAII COMMUNITY REINVESTMENT CORP (EIN 99-0282148)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-07
- IRS object ID
- 201332199349301163
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-07T13:59:16-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990272757 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AKAMINE OYADOMARI & KOSAKI CPA'S INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1440 KAPIOLANI BLVD SUITE 900 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 968143612 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990282148 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII COMMUNITY REINVESTMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HAWA | NameControl |
| Phone | 8085323110 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3465 WAIALAE AVENUE NO 393 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96816 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GWEN YAMAMOTO LAU | Name |
| Title | PRESIDENT | Title |
| Phone | 8085323110 | Phone |
| Date Signed | 2013-07-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RODNEY AKAMINE | Name |
| PTIN | P00308422 | PTIN |
| Phone | 8089410500 | Phone |
| Date Prepared | 2013-07-29 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GWEN YAMAMOTO LAU | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3465 WAIALAE AVENUE NO 393 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96816 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1753292 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HCRC-HAWAII.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE CORPORATION IS TO PROVIDE FINANCING, TECHNICAL ASSISTANCE AND TRAINING TO FACILITATE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT IN THE STATE OF HAWAII. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1757429 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1685910 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 89941 | InvestmentIncomePriorYear |
| Investment Income Current Year | 67382 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 722 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1848092 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1753292 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 161752 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 155205 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1773564 | OtherExpensePriorYear |
| Other Expenses Current Year | 1518152 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1935316 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1673357 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -87224 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 79935 | RevenuesLessExpensesCY |
| Total Assets BOY | 28623365 | TotalAssetsBOY |
| Total Assets EOY | 28390045 | TotalAssetsEOY |
| Total Liabilities BOY | 27588935 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 27275680 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1034430 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1114365 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE CORPORATION IS TO PROVIDE FINANCING, TECHNICAL ASSISTANCE AND TRAINING TO FACILITATE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT IN THE STATE OF HAWAII. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1559914 | Expense |
| Revenue | 1683511 | Revenue |
| Description | HCRC AND SUBSIDIARIES HAVE ASSISTED 3,179 AFFORDABLE RENTAL HOUSING UNITS WITH FUNDING OF $164.2 MILLION. | Description |
| Total Program Service Expense | 1559914 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII COMMUNITY REINVESTMENT CORPO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8085323110 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3465 WAIALAE AVENUE 393 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96816 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| RALPH MESICK | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ALAN ARIZUMI | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID KAMIMURA | |||||||
| VICE CHAIR/DIRECTOR | 1.00 | X | 0 | 0 | 0 | X | |
| ROY KATSUDA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DARREN UEKI | |||||||
| TREASURER/DIRECTOR | 1.00 | X | 0 | 0 | 0 | X | |
| NADINE NAKAMURA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ALAN YEE | |||||||
| CHAIR/DIRECTOR | 1.00 | X | 0 | 0 | 0 | X | |
| KEITH KATO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LINDA EZUKA | |||||||
| SECRETARY/DIRECTOR | 1.00 | X | 0 | 0 | 0 | X | |
| BRYAN LUKE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GWEN LAU | |||||||
| PRESIDENT | 40.00 | 125961 | 0 | 7835 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 125961 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7835 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST ON LOANS | 522200 | 1450344 | 1450344 |
| COMMITMENT FEES | 522200 | 80241 | 80241 |
| DBEDT GRANT AWARD REVE | 522200 | 75132 | 75132 |
| LOAN SERVICE FEES | 522200 | 34162 | 34162 |
| HHFASSET PURCHASE AGRE | 522200 | 24835 | 24835 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21196 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18797 | RelatedOrExemptFunctionIncome |
| Exclusion | $2,399 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1685910 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67382 | TotalRevenueColumn |
| Exclusion | $67,382 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1753292 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1683511 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $69,781 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133796 | Total |
| Program Services | 100347 | ProgramServices |
| Management And General | 33449 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9011 | Total |
| Program Services | 4915 | ProgramServices |
| Management And General | 4096 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -597 | Total |
| Program Services | -527 | ProgramServices |
| Management And General | -70 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3952 | Total |
| Program Services | 3293 | ProgramServices |
| Management And General | 659 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9043 | Total |
| Program Services | 6675 | ProgramServices |
| Management And General | 2368 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8189 | Total |
| Management And General | 8189 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26139 | Total |
| Management And General | 26139 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 860 | Total |
| Management And General | 860 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11572 | Total |
| Program Services | 9351 | ProgramServices |
| Management And General | 2221 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35856 | Total |
| Program Services | 30478 | ProgramServices |
| Management And General | 5378 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3669 | Total |
| Program Services | 3525 | ProgramServices |
| Management And General | 144 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1305837 | Total |
| Program Services | 1305837 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5114 | Total |
| Program Services | 4347 | ProgramServices |
| Management And General | 767 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22930 | Total |
| Program Services | 1182 | ProgramServices |
| Management And General | 21748 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| LOAN SERVICING EXPENSE | 42675 | 42675 | |
| DBEDT GRANT AWARD EXPEN | 40675 | 40675 | |
| MISCELLANEOUS | 5644 | 5281 | 363 |
| BOARD MEETINGS | 5272 | 5272 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3720 | Total |
| Program Services | 1860 | ProgramServices |
| Management And General | 1860 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1673357 | Total |
| Program Services | 1559914 | ProgramServices |
| Management And General | 113443 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1734616 | BOY |
| EOY | 2779819 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2101927 | BOY |
| EOY | 2243016 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24530327 | BOY |
| EOY | 23131269 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6079 | BOY |
| EOY | 9433 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 156582 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 141469 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20227 | BOY |
| EOY | 15113 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73848 | BOY |
| EOY | 73761 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156341 | BOY |
| EOY | 137634 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28623365 | BOY |
| EOY | 28390045 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139737 | BOY |
| EOY | 120537 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24298648 | BOY |
| EOY | 22835870 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3150550 | BOY |
| EOY | 4319273 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27588935 | BOY |
| EOY | 27275680 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1034430 | BOY |
| EOY | 1114365 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1034430 | BOY |
| EOY | 1114365 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28623365 | BOY |
| EOY | 28390045 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 79935 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1014 | CurrentTaxYearMinus3Years |
| Total | 2014 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 708761 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1038035 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1390449 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1757429 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1685910 | CurrentTaxYear |
| Total | 6580584 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 709761 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1039049 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1390449 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1757429 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1685910 | CurrentTaxYear |
| Total | 6582598 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 6582598 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79698 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 63926 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 68977 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 72564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 67382 | CurrentTaxYear |
| Total | 352547 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79698 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 63926 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 68977 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 72564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 67382 | CurrentTaxYear |
| Total | 352547 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 789459 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1102975 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1459426 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1829993 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1753292 | CurrentTaxYear |
| Total | 6935145 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.94920 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.94230 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.05080 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.05770 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 84904 | OtherCostOrOtherBasis |
| Depreciation | 84904 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54435 | OtherCostOrOtherBasis |
| Depreciation | 45817 | Depreciation |
| Book Value | 8618 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17243 | OtherCostOrOtherBasis |
| Depreciation | 10748 | Depreciation |
| Book Value | 6495 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15113 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSITS | $53,955 |
| ADVANCE LOAN PAYMENTS | $98,335 |
| HCRC ADVANCES FROM HIAHI | $488,551 |
| GREENSUN LLR DEPOSITS | $3,661,170 |
| GREENSUN CONTRACTOR FEES FUND | $17,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4319273 | TotalOfAmounts |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ALAN ARIZUMI RALPH MESICK | |||
| DIRECTOR, KEY EMPLOYEE OF A FINANCIAL INSTITUTION | 10355038 | DEPOSIT $2,161,636/LOAN $8,193,402 | 0 |
| DAVID KAMIMURA | |||
| DIRECTOR, KEY EMPLOYEE OF A FINANCIAL INSTITUTION | 697257 | DEPOSIT $200,000/LOAN $497,257 | 0 |
| KEITH KATO | |||
| DIRECTOR, KEY EMPLOYEE OF HAWAII ISLAND COMMUNITY DEV CORP(BORROWER) | 638962 | LOAN | 0 |
| BRYAN LUKE | |||
| DIRECTOR, KEY EMPLOYEE OF A FINANCIAL INSTITUTION | 1616662 | DEPOSIT $1,171,066/LOAN $445,596 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DIRECTOR ROY KATSUDA DO BUSINESS WITH DIRECTOR DARREN UEKI. DIRECTOR RALPH MESICK DOES BUSINESS WITH DIRECTOR DARREN UEKI. DIRECTOR KEITH KATO DOES BUSINESS WITH DIRECTOR RALPH MESICK AND DIRECTOR ALAN ARIZUMI. |
| FORM 990, PART VI, SECTION A, LINE 6 | HCRC HAS 28 MEMBERS REPRESENTING (1) FINANCIAL INSTITUTIONS; (2) GOVERNMENT ENTITIES; (3) SMALL BUSINESSES AND (4) COMMUNITY ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 7A | A MEETING OF HCRC'S MEMBERS ARE HELD ANNUALLY FOR THE ELECTION OF DIRECTORS AND THE TRANSACTION OF SUCH OTHER BUSINESS AS MAY BE DETERMINED. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ANNUAL FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT. REVISIONS, IF ANY, ARE MADE PRIOR TO BOARD APPROVAL. |
| FORM 990, PART VI, SECTION B, 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, PART VI, SECTION B, LINE 15 | THE COMPENSATION 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, PART VI, SECTION C, 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 XII, LINE 2C: | THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE AUDIT REVIEWER. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII INVESTORS FOR AFFORDABLE HOUSING INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3465 WAIALAE AVE SUITE 393 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96816 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990319716 | EIN |
| Primary Activity | DEVELOPMENT | PrimaryActivity |
| Legal Domicile State | HI | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -3128 | ShareOfTotalIncome |
| Share Of EOY Assets | 745255 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII INVESTORS FOR AFFORDABLE HOUSING INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | E | TransactionType |
| Amount Involved | 488551 | AmountInvolved |
| Method Of Amt Determination | BOOK VALUE | MethodOfAmtDetermination |