2012-11-14T13:06:40-06:00 2011-12-31 990169131 N&K CPAS INC 1001 BISHOP ST STE 1700 ASB TWR HONOLULU HI 968133693 990 2011-01-01 990301740 KA HALE A KE OLA HOMELESS RESOURCE CENTERS INC KAHA 8082427600 670 WAIALE DRIVE WAILUKU HI 96793 REBECCA L WOODS 8082427600 2012-11-13 1 RONALD T SHIIGI P00103604 8085242255 2011 2016-02-24 21:20:13Z REBECCA L WOODS 670 WAIALE DRIVE WAILUKU HI 96793 3236616 0 X WWW.KHAKO.ORG X 1992 HI TO OPERATE A HOMELESS RESOURCE CENTER. 12 12 114 0 0 0 3342610 2783036 387743 407619 4284 7380 47645 38581 3782282 3236616 0 0 0 0 2406637 2507947 0 0 0 1991131 1971816 4397768 4479763 -615486 -1243147 15469049 14896236 6592795 6921481 8876254 7974755 TO SERVE THE NEEDS OF THE HOMELESS ON MAUI BY PROVIDING EMERGENCY SHELTER AND TRANSITIONAL HOUSING, TO VOICE THEIR CONCERNS, TO EMPOWER THEM TO TAKE RESPONSIBILITY FOR THEIR OWN LIVES AND TO CALL ON THE COMMUNITY TO ASSIST IN THESE ACTIONS. 0 0 2150286 446200 SHELTER OPERATIONS - THE PROGRAM PROVIDES PERMANENT, TRANSITIONAL, AND EMERGENCY HOUSING TO HOMELESS INDIVIDUALS AND FAMILIES ON MAUI. 1209536 EDUCATION, VOCATIONAL TRAINING, AND SOCIAL SERVICES - THE PROGRAM PROVIDED A SERIES OF LIFE-SKILLS CLASSES DESIGNED TO BREAK THE PATTERN OF HOMELESSNESS: CLASSES IN BUDGETING, SELF-ESTEEM, FAMILY DYNAMICS, COMMUNICATION, AND NUTRITION. OVER 80% OF THE RESIDENTS ARE WORKING AND CONTRIBUTING TO THE COMMUNITY. 3359822 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 114 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 HI X LILAH L INABA 8082427600 670 WAIALE DRIVE WAILUKU HI 96793 PHILIP LOWENTHAL 0.50 X X 0 0 0 MICHAEL VICTORINO 0.50 X X 0 0 0 TONI POLANCY 0.50 X X 0 0 0 ALEC MCBARNET JR 0.50 X X 0 0 0 MARC CHESICK 0.50 X X 0 0 0 REV GARY COLTON 0.50 X 0 0 0 JOHN DECKER 0.50 X 0 0 0 RORY FRAMPTON 0.50 X 0 0 0 MARY HEW 0.50 X 0 0 0 STEVE MILLER 0.50 X 0 0 0 ALVIN TAGOMORI 0.50 X 0 0 0 JAMES WORLEY 0.50 X 0 0 0 HUGH CHARE 0.50 X 0 0 0 REBECCA L WOODS 40.00 X 98397 0 9959 98397 0 9959 0 0 0 0 0 2614446 168590 2783036 TRANS. HOUSING FEES 531110 629267 629267 MANAGEMENT FEES 531310 120000 120000 LOSS FROM PARTNERSHIP 900099 -341648 -341648 407619 7380 7380 OTHER INCOME 900099 38581 38581 38581 3236616 446200 0 7380 108356 108356 1819743 1438605 381138 38179 32223 5956 317608 242086 75522 224061 168046 56015 117376 88032 29344 5368 4026 1342 602675 452006 150669 8480 6360 2120 142457 106843 35614 697892 523419 174473 83312 62484 20828 SUPPLIES 234949 176212 58737 BUILDING REPAIRS & MAIN 59257 44443 14814 20050 15037 5013 4479763 3359822 1119941 0 1623976 1715652 502462 272398 164180 363700 6545048 6545048 30823 29910 16757342 10795770 6595475 5961572 7085 7956 15469049 14896236 1154289 1261339 1360000 1360000 4000000 4000000 78506 300142 6592795 6921481 X 1458046 556547 6418208 6418208 1000000 1000000 8876254 7974755 15469049 14896236 X -1243147 341648 X X 0 1 1 X 1 1 X 2810565 3050048 3034910 3342610 2783036 15021169 2810565 3050048 3034910 3342610 2783036 15021169 15021169 28509 17714 4525 4284 7380 62412 15083581 3036309 0.99590 0.99490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15738949 9855735 5883214 911828 853478 58350 106565 86557 20008 5961572 RESIDENT RESERVES 65395 DEFERRED GRANT REVENUE 234747 300142 3236616 4479763 -1243147 341648 341648 -901499 3578264 0 3578264 -341648 -341648 3236616 4479763 0 4479763 0 4479763 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: KA HALE A KE OLA HOMELESS RESOURCE CENTERS, INC. (KHAKO) IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. KHAKO ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE IN ASC 740, KHAKO RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION AFTER AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. AT THE ADOPTION DATE, KHAKO APPLIED THE UNCERTAIN TAX POSITION GUIDANCE IN ASC 740 TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS HAD REMAINED OPEN AND HAS NOT RECOGNIZED ANY ADDITIONAL LIABILITY. KHAKO IS NOT SUBJECT TO INCOME TAXES IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF HAWAII. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. WITH FEW EXCEPTIONS, KHAKO IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED DECEMBER 31, 2007 AND PRIOR. PART XI, LINE 8 - OTHER ADJUSTMENTS: DIFFERENCE IN PARTNERSHIP LOSS FOR TAX PURPOSES 341,648. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT LOSS FROM PARTNERSHIP INTEREST -341,648. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE FOR APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE POLICY ANNUALY DISCLOSE OR UPDATE THE PRESIDENT OF THE BOARD OF DIRECTORS ON A FORM PROVIDED BY THE ORGANIZATION THEIR INTERESTS THAT COULD RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 18 COPIES PROVIDED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 COPIES PROVIDED UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DIFFERENCE IN PARTNERSHIP LOSS FOR TAX PURPOSES 341,648. TOTAL TO FORM 990, PART XI, LINE 5: 341,648. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. HALE MAKANA O WAIALE A HAWAII LIMITED PARTNERSHIP 670 WAIALE ROAD WAILUKU HI 96793 990333139 LOW INCOME HOUSING RENTAL HI N/A RELATED -341648 11891605 0 1 0.01000 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 HALE MAKANA O WAIALE D 6545048 ACCRUED BASIS HALE MAKANA O WAIALE K 120000 ACCRUED BASIS HALE MAKANA O WAIALE N 828072 ACCRUED BASIS HALE MAKANA O WAIALE P 248920 ACCRUED BASIS