Overview
What is Sand Island Business Association?
The Sand Island Business Association is a nonprofit organization based in Honolulu, Hawaii, with a master lease from the State of Hawaii to manage, sublease, and develop 73 acres of land known as the Sand Island Industrial Park. This organization is responsible for the overall administration and growth of the industrial park on behalf of its members.
Is Sand Island Business Association legitimate?
Sand Island Business Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sand Island Business Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $161,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,137
For more financial information, click here
What is the mission statement of Sand Island Business Association?
The Sand Island Business Association holds a master lease with the State of Hawaii, allowing them to manage, sublease, and develop a 73-acre industrial park on behalf of their members. Their primary responsibility is to oversee the growth and operations of this business center. The Association's mission revolves around utilizing the leased land effectively to foster business development for the benefit of its members.
Who is the CEO of Sand Island Business Association?
Kent Matsuzaki is the Secretary/Ex of Sand Island Business Association.
What is the revenue of Sand Island Business Association?
Sand Island Business Association's revenue in 2023 was $11,980,544.
Who are the executives of Sand Island Business Association and what are their salaries?
The average compensation at Sand Island Business Association during 2023 was $92,956. There are 2 employees at Sand Island Business Association.
Here are 10 key members and their salaries:
- Milton Holt (Secretary/Ex) [Trustee/Director]
- Juan Borja (Director)
- Van Goto (Director)
- Clyde Kaneshiro (Director)
- Matthew Kaneshiro (Director)
- Kent Matsuzaki (Treasurer) [Trustee/Director]
- Ritchie Mudd (Director)
- Scott Obara (President) [Trustee/Director]
- James Striker (Vice Preside) [Trustee/Director]
- Nicholas Teves (Director)
Where can I find the form 990 for Sand Island Business Association?
The Sand Island Business Association’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Sand Island Business Association
The Sand Island Business Association, with a master lease from the State of Hawaii, assumes responsibility for the management, sublease, and development of a 73-acre industrial park. This organization plays a crucial role in facilitating the growth and success of its members by overseeing the State land in question.
In essence, the Sand Island Business Association acts as a steward of the State-owned land, enabling its members to thrive within the industrial park. By utilizing a master lease, the organization manages the day-to-day operations of the park and ensures that its members have the necessary infrastructure and resources to operate their businesses effectively.
The association's mission is twofold: to support its members and to develop the industrial park on their behalf. Through the master lease, the Sand Island Business Association creates a conducive business environment that encourages growth and success.
Impact
This information is meant to be a general summary of Sand Island Business Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Sand Island Business Association's impact can be seen in its successful management, subleasing, and development of the Sand Island Industrial Park on behalf of its members. This industrial park spans 73 acres and plays a crucial role in supporting businesses and economic growth in the city of Honolulu, Hawaii. Through its strategic planning and operations, the association facilitates a supportive environment for companies to thrive and contribute to the local economy. The efforts of the Sand Island Business Association have helped create job opportunities, foster innovation, and enhance the overall business landscape in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE RENT
Revenue
$10,427,036
MANAGEMENT FEES
Revenue
$1,406,019
Organization Details
Founding Year
1989
Phone
(808) 842-1359
Principal Officer
Kent Matsuzaki
Main Address
PO BOX 17603, HONOLULU, HI, 968170603
NTEE Category
Code: Y11 - Mutual benefit
If you are a representative of Sand Island Business Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.