Hawaii Community Builders

Tax-deductible

Hilo, HI501(c)(3)HousingEIN 30-0092836Revenue $2.0M in FY2024

On file with the IRS100 Pauahi St Ste 204, 96720-3046 · Hilo, HITax-exempt since Sep 2002Supporting organization — 509(a)(3)

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Hawaii Community Builders is a not for profit organization established in 2003 to promote better living conditions for low and very low income families residing in the State of Hawaii.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$168K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $775K a year · 73% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$168K
to officers and key staff · 47% of spending
Top officer’s pay higher than 63% of similar orgs
Concern: pay to officers and key staff is 47% of spending; over 30%.
Pt VII · Sec A
Cash reserves
48 mo
of spending, in cash
Looks good: 48.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$114K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
+228% vs prior year
Spent
$354K
To programs
94%
Net assets
$5.5M
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▲ +228%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$242
FY2022$522K
FY2023$606K
FY2024$2.0M
Expenses
$354K
FY2024▲ +77%
Tap a bar for its year
Expenses by fiscal year
FY2020$216K
FY2021$190K
FY2022$481K
FY2023$200K
FY2024$354K
Net assets
$5.5M
FY2024▲ +42%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.6M
FY2021$3.4M
FY2022$3.5M
FY2023$3.9M
FY2024$5.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $334K Management & general 6% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $168K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$137,917Pt VII · Sec A
Chief Financial Officer
$29,782Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Keith Kato’s $138K as Executive Director is at the 63rd percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Keith Kato$137,917$133,900$130,000$130,000$130,000
Jan Makanani$29,782————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds affordable housing and promotes better living conditions for low-income families in Hawaii.

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Provided by the organization

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1 program · $334K · in their own filed words · FY2024
01

The organization assisted with the development of affordable housing for the elderly and low to very low income families.

$334Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$116K
Other incomeLn 4–11$30K
Money outPt IX
$354K
Ln 25
Programscol B$334K
Managementcol C$19K
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$5.6M
LiabilitiesLn 26$114K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$116K
Other incomeLn 4–11$30K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$5.6M
LiabilitiesLn 26$114K
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$281K$1.4M
InvestmentsLn 11–13$1.9M$1.9M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$3.9M$5.6M
LiabilitiesLn 26$46$114K
Net assetsLn 32$3.9M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$138K$124K$14K
Other salaries and wagesLn 7$30K$27K$3K
Other employee benefitsLn 9$5K$5K$512
Payroll taxesLn 10$13K$12K$1K
Accounting feesLn 11c$3K$2K$264
Other fees for servicesLn 11g$800$720$80
Office expensesLn 13$880$792$88
OccupancyLn 16$4K$4K$392
InsuranceLn 23$738$664$74
Other expenses (24a–d)Ln 24$159K$159K
Total functional expensesLn 25$354K$334K$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.0M$354K$1.6M$5.5M 990 PDF
FY2023 $606K$200K$405K$3.9M 990 PDF
FY2022 $522K$481K$41K$3.5M 990 PDF
FY2021 $242$190K−$190K$3.4M 990 PDF
FY2020 $2.2M$216K$2.0M$3.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,984,851 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $518,307$1,838,703
I-10 Investment incomePrior year $87,258$116,489
I-11 Other revenuePrior year $0$29,659
I-12 Total revenuePrior year $605,565$1,984,851
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $178,559$185,645
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $21,669$167,873
I-18 Total expensesPrior year $200,228$353,518
I-19 Revenue less expensesPrior year $405,337$1,631,333
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,984,851 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,838,703$1,838,703
VIII-3 Investment incomeExcluded from tax $116,489$116,489
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $29,659$29,659
VIII-12 Total revenueRelated to mission $1,838,703 · Unrelated business $0 · Excluded from tax $146,148$1,984,851
Part IX · Statement of functional expenses $353,518 across 10 lines filed
IX-6 Pay of disqualified personsPrograms $124,125 · Management $13,792$137,917
IX-7 Other salaries and wagesPrograms $26,804 · Management $2,978$29,782
IX-9 Other employee benefitsPrograms $4,605 · Management $512$5,117
IX-10 Payroll taxesPrograms $11,546 · Management $1,283$12,829
IX-11c Accounting feesPrograms $2,379 · Management $264$2,643
IX-11g Other fees for servicesPrograms $720 · Management $80$800
IX-13 Office expensesPrograms $792 · Management $88$880
IX-16 OccupancyPrograms $3,528 · Management $392$3,920
IX-23 InsurancePrograms $664 · Management $74$738
IX-24 Other expenses (24a–d)Programs $158,892$158,892
IX-25 Total functional expensesPrograms $334,055 · Management $19,463 · Fundraising $0$353,518
Part X · Balance sheet $5,638,034 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $280,799$1,415,672
X-4 Accounts receivableStart of year $1,688,961$2,300,000
X-9 Prepaid expenses and deferred chargesStart of year $2,208$843
X-10c Land, buildings and equipment, netStart of year $0$0
X-12 Other securitiesStart of year $1,920,597$1,921,519
X-16 Total assetsStart of year $3,892,564$5,638,034
X-17 Accounts payable and accrued expensesStart of year $46$114,182
X-26 Total liabilitiesStart of year $46$114,182
X-27 Net assets without donor restrictionsStart of year $3,892,518$5,523,852
X-32 Total net assets or fund balancesStart of year $3,892,518$5,523,852
X-33 Total liabilities and net assetsStart of year $3,892,564$5,638,034
Part XI · Reconciliation of net assets $5,523,852 net assets at year end
XI-1 Total revenue$1,984,851
XI-2 Total expenses$353,518
XI-3 Revenue less expenses$1,631,333
XI-4 Net assets at start of year$3,892,518
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,523,852

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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