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Kauai Housing Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 990298721 ✦ Lihue, HI ✦ Designated as a 501(c)(3)

Overview

What is Kauai Housing Development Corp?

Kauai Housing Development Corp is a nonprofit organization situated in Lihue, Hawaii. Their primary mission is to provide affordable housing solutions for low-income individuals, including the elderly. This mission is achieved through the development of affordable housing units and assisting Kauai renters with special needs. The organization operates with a small team of two dedicated employees, committing to making a positive impact on the local community by addressing the housing needs of its residents.


Is Kauai Housing Development Corp legitimate?

Kauai Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kauai Housing Development Corp 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,412

For more financial information, click here


What is the mission statement of Kauai Housing Development Corp?
Who is the CEO of Kauai Housing Development Corp?
What is the revenue of Kauai Housing Development Corp?
Who are the executives of Kauai Housing Development Corp and what are their salaries?
Where can I find the form 990 for Kauai Housing Development Corp?

Mission Statement of Kauai Housing Development Corp

Kauai Housing Development Corp is an organization dedicated to the development of affordable housing for low-income individuals and families. Their mission is to assist renters with special needs and other eligible individuals by providing them with affordable rental units. The organization is proactive in the development of low-income housing units, aiming to alleviate housing-related challenges for those in need. Specifically, Kauai Housing Development Corp focuses on providing affordable rental units for low-income elderly individuals, offering them a secure and affordable living situation. By doing so, the organization plays a significant role in ensuring that vulnerable individuals have access to safe and affordable housing, ultimately improving their quality of life.

Impact

This information is meant to be a general summary of Kauai Housing Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Sunday, July 21, 2024

Kauai Housing Development Corp's impact lies in the development of affordable housing for low-income individuals and families on the island of Kauai. By providing affordable rental units to low-income elderly individuals, the organization plays a crucial role in addressing the housing needs of vulnerable populations in the community. The organization's mission to assist Kauai renters and others with special needs by offering affordable rental units and developing low-income housing units helps to create a more inclusive and equitable housing landscape on the island. Through their work, Kauai Housing Development Corp significantly contributes to improving the quality of life for those facing housing insecurity and financial hardship in Lihue, Hawaii.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $133,449
  • Program Service Revenue: $931,344
  • Gross Receipts: $1,244,793

    • Assets and Liabilities:
  • Total Assets: $12,851,287
  • Total Liabilities: $3,911,712
  • Net Assets: $8,939,575
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOW INCOME RENTAL INCOME

    Revenue

    $681,447

    MANAGEMNT FEE

    Revenue

    $213,678

    OTHER INCOME

    Revenue

    $36,219

    Organization Details

    Founding Year

    1992

    Principal Officer

    Tom H Shigemoto

    Main Address

    3-3194 KUHIO HWY, LIHUE, HI, 96766

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Kauai Housing Development Corp 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.