2023-11-15T16:23:54-06:00 2022-12-31 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2022-01-01 990229787 OAHU ECONOMIC DEVELOPMENT BOARD OAHU 8085213611 735 BISHOP STREET 424 HONOLULU HI 96813 CATHERINE AWAKUNI COLON PRESIDENT & CEO 8085213611 2023-11-15 1 CATHERINE AWAKUNI COLON 999009999 0 CHRISTOPHER CASSIDY P01237316 8085262255 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CATHERINE AWAKUNI COLON 735 BISHOP STREET 424 HONOLULU HI 96813 1127662 0 X WWW.OEDB.BIZ X 1984 HI PROMOTE AND ENCOURAGE ECONOMIC GROWTH, DEVELOPMENT, AND DIVERSIFICATION WITHIN THE CITY AND COUNTY OF HONOLULU AND THE STATE OF HAWAII. 23 23 7 0 0 0 1000825 449447 1709283 678215 0 0 0 0 2710108 1127662 46315 43000 0 0 916886 570771 0 0 0 908421 604780 1871622 1218551 838486 -90889 1230872 1091719 78280 30016 1152592 1061703 X OAHU ECONOMIC DEVELOPMENT BOARD (OEDB) IS A NON-PROFIT, FUNDED PRIMARILY BY THE PRIVATE SECTOR. THE ORGANIZATION'S EFFORTS SUPPORT A DIVERSIFIED ECONOMY ON O'AHU BY BEING A LEADING AGENT IN THE GROWTH, RETENTION AND RECRUITMENT OF BUSINESSES THAT OFFER QUALITY JOBS IN HAWAII. OEDB IS ALSO ACTIVELY INVOLVED IN INFRASTRUCTURE, PLANNING AND WORKFORCE DEVELOPMENT TO BUILD THE FOUNDATION FOR A GLOBALLY COMPETITIVE, PROSPEROUS ECONOMY. 0 0 497584 167942 HAWAI'I GREEN GROWTH IS COMMITTED TO BUILDING A MORE RESILIENT AND SUSTAINABLE FUTURE FOR HAWAI'I. HAWAI'I GREEN GROWTH SERVES AS THE BACKBONE ORGANIZATION FOR THE ALOHA+ CHALLENGE, AND COORDINATES A BROAD STAKEHOLDER BASE TO IDENTIFY AREAS FOR STATEWIDE ACTION ON HAWAI'I'S 2030 SUSTAINABILITY GOALS. THE PARTNERSHIP HONORS A COLLABORATIVE AND INTEGRATED APPROACH TO ACHIEVE ENVIRONMENTAL, SOCIAL, AND ECONOMIC PROSPERITY FOR FUTURE GENERATIONS. HAWAIIAN CULTURE AND VALUES ARE THE BEDROCK OF THE ALOHA+ CHALLENGE AND HAWAI'I GREEN GROWTH, PROVIDING A TRUST-BASED FRAMEWORK TO PROMOTE SYSTEM-LEVEL CHANGE ACROSS HAWAI'I. 217449 38000 5000 THE MISSION OF THE BUSINESS DEVELOPMENT PROGRAM IS TO ACHIEVE HEALTHY & PROSPEROUS ECONOMIC SECTORS FOCUSING ON HAWAII'S NEEDS AND BUILDING UPON OUR UNIQUE ASSETS. THIS INITIATIVE INCLUDED LEADERSHIP ENGAGEMENT AND DEVELOPMENT, TRUST BUILDING, COMMUNITY BUILDING AND DEVELOPMENT FOR CAPACITY BUILDING TO INCREASE JOBS AND WAGES INTO THE FUTURE. THE TARGETED SECTORS AND PROGRAMS INCLUDED, COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY - CONTRACTED ASSISTANCE WITH BUSINESSES, OFFICE OF PLANNING, STATE DEPARTMENT OF BUSINESS, FISCAL AGENT FOR THE OAHU PREVENT SUICIDE TASK FORCE AND BOMA (BUILDING OWNERS AND MANAGERS ASSOCIATION OF HAWAII).$10,000 OF REVENUE WAS RECEIVED FOR THE PROFESSIONAL MENTORING AND ADVISING FOR THE CENTER FOR DIVERSE LEADERSHIP IN SCIENCE. ALSO, COORDINATION AND ORGANIZING OF THE BOARD OF DIRECTORS FOR CDLS AS INTERIM BOARD CHAIR 2022. FOR OEDB, DEVELOPMENT OF EXAMPLES OF EXPORTING KNOWLEDGE AND INNOVATION EXPERTISE AND IMPORTING MONIES TO HAWAII. 13524 437799 THE NEW MARKETS TAX CREDITS ("NMTC") PROGRAM PROVIDES A TAX INCENTIVE FOR PRIVATE SECTOR INVESTMENT INTO ECONOMIC DEVELOPMENT PROJECTS AND BUSINESSES LOCATED IN LOW-INCOME COMMUNITIES. THIS PROGRAM IS OVERSEEN BY U.S. DEPARTMENT OF THE TREASURY AND DIRECTLY ADMINISTERED BY THE COMMUNITY DEVELOPMENT FINANCIALS INSTITUTIONS ("CDFI") FUND. NMTCS ARE ALLOCATED BY THE CDFI FUND TO COMMUNITY DEVELOPMENT ENTITIES ("CDES"). CDES OFFER NMTCS TO INVESTORS IN EXCHANGE FOR QUALIFIED EQUITY INVESTMENTS FOR THE PURPOSE OF MAKING LOANS TO QUALIFIED ACTIVE LOW-INCOME BUSINESSES. 58714 5000 67473 OTHER PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE PROVIDING SUPPORT TO THE CITY & COUNTY OF HONOLULU, THE COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS), FISCAL AGENT FOR THE HAWAII EAST PREVENT SUICIDE TASKFORCE, AND HAWAII WEST PREVENT SUICIDE TASKFORCE. 58714 5000 67473 787271 1 1 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 1 X 11 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 HI X DORI BABA 8085213611 735 BISHOP STREET SUITE 424 HONOLULU HI 96813 ALAN ARIZUMI EX-OFFICIO DIRECTOR 2.00 X 0 0 0 ALLEN B UYEDA EX-OFFICIO DIRECTOR (1/1/22-10/1/22) 2.00 X 0 0 0 CATHERINE NGO EX-OFFICIO DIRECTOR 2.00 X 0 0 0 COLBERT MATSUMOTO EX-OFFICIO DIRECTOR 2.00 X 0 0 0 DAVID TUMILOWICZ SECRETARY & DIRECTOR 2.00 X X 0 0 0 GREG HAZELTON DIRECTOR (1/1/22-7/1/22) 2.00 X 0 0 0 JAN SULLIVAN DIRECTOR 2.00 X 0 0 0 JEFFREY H OVERTON CHAIRMAN & DIRECTOR 2.00 X X 0 0 0 JEFFREY KD AU DIRECTOR 2.00 X 0 0 0 JOSEPH VIOLA DIRECTOR 2.00 X 0 0 0 KEITH YOSHIDA DIRECTOR 2.00 X 0 0 0 MURRAY CLAY DIRECTOR 2.00 X 0 0 0 MYRON THOMPSON DIRECTOR 2.00 X 0 0 0 NELSON KM LAU TREASURER/DIRECTOR/ACTING PRESIDENT & CEO 2.00 X X 0 0 0 PATRICK SULLIVAN DIRECTOR 2.00 X 0 0 0 ROBIN CAMPANIANO DIRECTOR 2.00 X 0 0 0 ROY CATALANI DIRECTOR (1/1/22-12/1/22) 2.00 X 0 0 0 TIMOTHY JOHNS DIRECTOR 2.00 X 0 0 0 TYLER TOKIOKA VICE CHAIR & DIRECTOR 2.00 X X 0 0 0 VASSILIS SYRMOS DIRECTOR 2.00 X 0 0 0 MAHINA PAISHON-DUARTE DIRECTOR 2.00 X 0 0 0 NEILL CHAR DIRECTOR 2.00 X 0 0 0 ROB LEE DIRECTOR 2.00 X 0 0 0 MICHAEL J O'MALLEY DIRECTOR 2.00 X 0 0 0 SARAH GUAY DIRECTOR 2.00 X 0 0 0 LISA MARUYAMA DIRECTOR 2.00 X 0 0 0 TAYLOR QUANAN DIRECTOR 2.00 X 0 0 0 RYDEN IWAMOTO DIRECTOR 2.00 X 0 0 0 VIRGIL PACKETT II DIRECTOR 2.00 X 0 0 0 PONO SHIM PRESIDENT & CEO (1/1/22-4/8/22) 50.00 X 82986 0 9056 82986 0 9056 0 0 0 0 0 238684 210763 449447 NEW MARKET TAX CREDITS 541610 437799 437799 HAWAI'I GREEN GROWTH 541610 167942 167942 FISCAL AGENT 541610 43222 43222 COMPREHENSIVE ECONOMIC 541610 18000 18000 ALOHA RESPONSE 541610 6252 6252 5000 5000 678215 1127662 678215 0 0 X 43000 43000 92042 92042 372079 206776 165303 46609 46609 60041 34422 25619 47246 8529 38717 312866 259665 53201 24577 21548 3029 16345 7069 9276 12869 226 12643 59769 1620 58149 19759 19739 20 28654 28262 392 15194 15194 SUB AWARD CONTRACT-HGG 46812 46812 SUBCONTRACT 11200 11200 SPONSORSHIP 5000 5000 MISCELLANEOUS EXPENSE 4171 1047 3124 318 314 4 1218551 787271 431280 0 1222269 1083116 6285 6285 122074 122074 0 0 2318 2318 1230872 1091719 78280 30016 78280 30016 X 981091 969700 171501 92003 1152592 1061703 1230872 1091719 -90889 0 X 0 0 0 X 665250 1154102 815191 1000825 449447 4084815 665250 1154102 815191 1000825 449447 4084815 641924 3442891 4084815 4318262 0.84290 0.80670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122074 122074 0 0 FORM 990, PART V, LINE 7G AND 7H: QUESTIONS 7G AND 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN MARKED NO. FORM 990, PART VI, SECTION A, LINE 2 JAN SULLIVAN (DIRECTOR) AND PATRICK SULLIVAN (DIRECTOR) HAVE A BUSINESS & FAMILY RELATIONSHIP WITH EACH OTHER. TIMOTHY JOHNS (DIRECTOR) AND JOSEPH VIOLA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TIMOTHY JOHNS (DIRECTOR) AND ROBIN CAMPANIANO (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (VICE CHAIR, DIRECTOR) AND COLBERT MATSUMOTO (EX-OFFICIO DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (VICE CHAIR, DIRECTOR) AND NEILL CHAR (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (VICE CHAIR, DIRECTOR) AND LISA MARUYAMA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. ROBIN CAMPANIANO (DIRECTOR) AND NEILL CHAR (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO REVIEWS FORM 990 PRIOR TO SUBMITTING TO THE IRS. UPON COMPLETION OF FILING THE FORM 990 WITH THE IRS, THE BOARD OF DIRECTORS ARE THEN NOTIFIED AT THE NEXT BOARD MEETING THAT THE 990 WAS FILED, AND COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY, WHICH IS APPROVED BY THE BOARD OF DIRECTORS, IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD. DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. DIRECTORS WILL BRING UP FOR DISCUSSION AT BOARD MEETINGS IF THERE IS A POSSIBILITY THAT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PRESENTED TO THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G 401(K) SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,236. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,236. BANK & BROKERAGE FEES: PROGRAM SERVICE EXPENSES 107. MANAGEMENT AND GENERAL EXPENSES 13,929. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,036. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 212,699. MANAGEMENT AND GENERAL EXPENSES 37,036. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 249,735. CONTRACTOR: PROGRAM SERVICE EXPENSES 46,859. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,859.