Housing Solutions Incorporated FY2021 filing

Tax-deductible

Honolulu, HI501(c)(3)Since 1986EIN 99-0253665Revenue $5.7M in FY2021

On file with the IRShsisservices.net2764 South King Street, 96826-0000 · Honolulu, HITax-exempt since Feb 1992Publicly supported charity — 170(b)(1)(A)(vi)

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To promote programs leading to self-sufficiency for hawaii's homeless through the development and management of transitional and affordable long-term Housing.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$508K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $11K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$508K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.4M
24% of total assets
Looks good: liabilities are 24% 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
$5.7M
+95% vs prior year
Spent
$3.8M
To programs
90%
Net assets
$13.9M
By yearFY2020–FY2025
Revenue
$5.7M
FY2021▲ +95%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$5.7M
FY2022$10.5M
FY2023$2.7M
FY2024$3.0M
FY2025$2.9M
Expenses
$3.8M
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.5M
FY2021$3.8M
FY2022$9.9M
FY2023$3.2M
FY2024$3.5M
FY2025$3.6M
Net assets
$13.9M
FY2021▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.1M
FY2021$13.9M
FY2022$14.5M
FY2023$14.0M
FY2024$13.5M
FY2025$12.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1992.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $3.5M Management & general 10% · $384K

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

9 people listed on the 990; $508K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Past-President / Asst Director
$191,750Pt VII · Sec A
President
$180,409Pt VII · Sec A
Director of Admin
$135,618Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Gaye Johnston$203,261$215,261$209,262$207,315$180,409$173,059
Terry Brooks————$191,750$176,234
Lisa Lo$152,935$155,261$150,123$150,245$135,618$130,179
Shanelle Lum$102,837—————
Shanell Lum—$100,513————
Christine Gerson$100,011—————

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

Provides affordable housing and support services for people needing stable homes.

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Provided by the organization

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3 programs · $3.5M · in their own filed words · FY2020
01

Transitional Housing

Includes seawind & loliana apartments, vancouver house, kulaokahua, and edwin thomas home that provide temporary and transitional housing facilities for families, single persons and the elderly who are homeless and in need of shelter and support. Approximately 378 persons served.

$1.8Mprogram expense
02

Permanent Housing

Includes sea wind apartments & weinberg hale, apartment buildings developed and purchased by the organization to provide longterm, affordable rental housing for low-income persons. Also includes the island west apartments for which the organization provides building and program management services. Served approximately 889 persons.

$1.3Mprogram expense
03

Rapid Rehousing Program

Administration services and payment of rent, utilities, security deposits and landlord incentives for rapid rehousing of households. Served 68 households.

$354Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Gifts and grantsLn 1h$3.3M
Fees for servicesLn 2g$2.4M
Other incomeLn 4–11$13K
Money outPt IX
$3.8M
Ln 25
Programscol B$3.5M
Managementcol C$384K
Owns and owesPt X
$13.9M
net assets · Ln 32
Cash and savingsLn 1–2$751K
Total assetsLn 16$18.3M
LiabilitiesLn 26$4.4M
PeoplePt VI, VII
9
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Government grantsLn 1e$3.3M
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$1
Other incomeLn 4–11$13K
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$562K
SavingsLn 2$189K
Cash and savings togetherLn 1–2$751K
Land, buildings, equipmentLn 10c$15.5M
Other assetsLn 15$1.2M
Total assetsLn 16$18.3M
LiabilitiesLn 26$4.4M
Net assetsLn 32$13.9M
OperationsPt I, VI
EmployeesI 547
VolunteersI 63
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$771K$751K
Land, buildings, equipmentLn 10c$16.2M$15.5M
Total assetsLn 16$18.5M$18.3M
LiabilitiesLn 26$6.4M$4.4M
Net assetsLn 32$12.1M$13.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$381K$275K$106K
Other salaries and wagesLn 7$610K$440K$170K
Pension plan contributionsLn 8$15K$11K$3K
Other employee benefitsLn 9$74K$58K$16K
Payroll taxesLn 10$76K$59K$17K
Management feesLn 11a$42K$42K
Other fees for servicesLn 11g$54K$46K$8K
Office expensesLn 13$27K$16K$11K
Information technologyLn 14$17K$10K$7K
OccupancyLn 16$960K$959K$1K
InterestLn 20$97K$97K
Depreciation, depletion and amortizationLn 22$773K$756K$18K
InsuranceLn 23$133K$128K$6K
Other expenses (24a–d)Ln 24$555K$551K$4K
All other expensesLn 24e$24K$8K$16K
Total functional expensesLn 25$3.8M$3.5M$384K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.9M$3.6M−$696K$12.8M 990 PDF
FY2024 $3.0M$3.5M−$544K$13.5M 990 PDF
FY2023 $2.7M$3.2M−$495K$14.0M 990 PDF
FY2022 $10.5M$9.9M$610K$14.5M 990 PDF
FY2021 Viewing $5.7M$3.8M$1.8M$13.9M 990 PDF
FY2020 $2.9M$3.5M−$634K$12.1M 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 FY2021 990 (6 parts)
Part I · Summary $5,662,094 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $510,668$3,280,535
I-9 Program service revenuePrior year $2,383,308$2,368,525
I-10 Investment incomePrior year −$16,923$1
I-11 Other revenuePrior year $19,826$13,033
I-12 Total revenuePrior year $2,896,879$5,662,094
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 $1,082,186$1,155,510
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,449,057$2,682,736
I-18 Total expensesPrior year $3,531,243$3,838,246
I-19 Revenue less expensesPrior year −$634,364$1,823,848
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 $5,662,094 across 6 lines filed
VIII-1e Government grants$3,280,535
VIII-1h Total contributions, gifts and grants$3,280,535
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,364,425 · Unrelated business $4,100$2,368,525
VIII-3 Investment incomeExcluded from tax $1$1
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $13,033$13,033
VIII-12 Total revenueRelated to mission $2,364,425 · Unrelated business $4,100 · Excluded from tax $13,034$5,662,094
Part IX · Statement of functional expenses $3,838,246 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $274,875 · Management $105,734$380,609
IX-7 Other salaries and wagesPrograms $439,547 · Management $170,470$610,017
IX-8 Pension plan contributionsPrograms $11,485 · Management $3,215$14,700
IX-9 Other employee benefitsPrograms $58,107 · Management $16,266$74,373
IX-10 Payroll taxesPrograms $59,231 · Management $16,580$75,811
IX-11a Management feesPrograms $42,000$42,000
IX-11g Other fees for servicesPrograms $46,085 · Management $8,090$54,175
IX-13 Office expensesPrograms $15,531 · Management $11,082$26,613
IX-14 Information technologyPrograms $9,751 · Management $7,298$17,049
IX-16 OccupancyPrograms $959,112 · Management $1,122$960,234
IX-20 InterestPrograms $96,882$96,882
IX-22 Depreciation, depletion and amortizationPrograms $755,587 · Management $17,512$773,099
IX-23 InsurancePrograms $127,566 · Management $5,884$133,450
IX-24 Other expenses (24a–d)Programs $550,567 · Management $4,211$554,778
IX-24e All other expensesPrograms $8,339 · Management $16,117$24,456
IX-25 Total functional expensesPrograms $3,454,665 · Management $383,581 · Fundraising $0$3,838,246
Part X · Balance sheet $18,291,440 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $532,252$561,961
X-2 Savings and temporary cash investmentsStart of year $238,353$188,771
X-4 Accounts receivableStart of year $255,947$743,963
X-9 Prepaid expenses and deferred chargesStart of year $51,225$49,570
X-10c Land, buildings and equipment, netStart of year $16,194,433$15,515,378
X-14 Intangible assetsStart of year $27,630$26,271
X-15 Other assetsStart of year $1,236,248$1,205,526
X-16 Total assetsStart of year $18,536,088$18,291,440
X-17 Accounts payable and accrued expensesStart of year $553,619$622,429
X-25 Other liabilitiesStart of year $512,533$771,372
X-26 Total liabilitiesStart of year $6,425,070$4,356,574
X-27 Net assets without donor restrictionsStart of year $11,999,389$13,839,589
X-28 Net assets with donor restrictionsStart of year $111,629$95,277
X-32 Total net assets or fund balancesStart of year $12,111,018$13,934,866
X-33 Total liabilities and net assetsStart of year $18,536,088$18,291,440
Part XI · Reconciliation of net assets $13,934,866 net assets at year end
XI-1 Total revenue$5,662,094
XI-2 Total expenses$3,838,246
XI-3 Revenue less expenses$1,823,848
XI-4 Net assets at start of year$12,111,018
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,934,866

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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