2024-06-11T18:42:26-05:00 2023-09-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2022-10-01 996009889 MAUI ECONOMIC OPPORTUNITY INC MAUI 8082492990 PO BOX 2122 KAHULUI HI 96733 DEBRA CABEBE SPHR/CHIEF EXECUTIVE OFFICER 8082492990 2024-06-11 1 DEBRA CABEBE 999009999 0 RODNEY M HARANO P00389596 8085311040 2024-06-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEBRA CABEBE PO BOX 2122 KAHULUI HI 96733 21696721 0 X HTTP://MEOINC.ORG/ X 1965 HI SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION. 25 25 284 257 1412 0 18497233 20914821 206865 163169 69884 -10628 128878 121954 18902860 21189316 2989926 4921892 0 0 11282588 11747238 0 0 0 5316979 5292028 19589493 21961158 -686633 -771842 30387495 30418696 3242673 3910290 27144822 26508406 X MAUI ECONOMIC OPPORTUNITY, INC (MEO) IS A PRIVATE, NON-PROFIT COMMUNITY ACTION AGENCY, CHARTERED ON MARCH 22, 1965 BY FEDERAL MANDATE UNDER PROVISIONS OF THE ECONOMIC OPPORTUNITY ACT OF 1964. THE AGENCY PROVIDES A COMPREHENSIVE SCOPE OF SERVICES TO THOSE IN NEED THROUGHOUT MAUI COUNTY AND ACROSS THE STATE OF HAWAII. THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES. 1 0 9844521 9587 2226 TRANSPORTATION SERVICES PROGRAM: PROVIDE TRANSPORTATION TO ELIMINATE BARRIERS AND PROMOTE SELF-SUFFICIENCY. INCREASE THE AVAILABILITY AND AFFORDABILITY OF OPPORTUNITIES FOR LOW-INCOME, PERSONS WITH SPECIAL NEEDS, SENIORS AND YOUTH THROUGH SOCIAL SERVICES TRANSPORTATION. APPROXIMATELY 5,774 PASSENGERS IN THE TARGET POPULATION (SENIORS, PERSONS WITH DISABILITIES, LOW INCOME INDIVIDUALS, CHILDREN AND YOUTH) TOOK TRIPS TO AND FROM NUTRITION SITES, SENIOR PROGRAMS, DAY HEALTH, DIALYSIS, AND AFTER SCHOOL PROGRAMS AND ACTIVITIES. THE NUMBER OF PASSENGERS' BOARDING INCLUDING ADA PARATRANSIT SERVICE TOTALED APPROXIMATELY 270,555. 3370401 2998916 1289 MEO BUSINESS DEVELOPMENT CENTER (MEO BDC) OFFERS BUSINESS PLANNING CLASSES AND CONSULTATION, FINANCIAL LITERACY, AND MICROLOANS FOR SMALL BUSINESS STARTUP OPERATIONS OR EXPANSION, AND AGRICULTURAL MICRO GRANTS FOR LOCAL OPERATING FARMS ON MAUI, MOLOKAI AND LANAI TO INCREASE THE FARM'S CAPACITY, PRODUCTIVITY, NAME RECOGNITION AND INCOME. 118 FARMS RECEIVED MICRO GRANT ASSISTANCE DURING THE THIRD YEAR OF THE FUNDING.THE MEO BDC BUSINESS PLANNING OR CORE FOUR COURSE ASSISTED 131 BUSINESSES IN THE DEVELOPMENT OF A REALISTIC, ACHIEVABLE BUSINESS PLAN. THE FIVE-WEEK PROGRAM IS OFFERED THROUGHOUT THE YEAR ON MAUI, MOLOKAI, AND LANAI. 158 INDIVIDUALS ATTENDED FINANCIAL LITERACY CLASSES THAT FOCUSED ON INCREASING FINANCIAL HEALTH, INCLUDING SAVING, BUDGETING, LENDING AND INVESTMENT INFORMATION. 3056221 147458 EARLY CHILDHOOD SERVICES INCLUDES THE FEDERALLY FUNDED MEO HEAD START PRESCHOOL PROGRAM THAT PROVIDED COMPREHENSIVE SERVICES TO INCOME ELIGIBLE FAMILIES AND PROMOTES SCHOOL READINESS FOR CHILDREN AGES THREE TO FIVE YEARS OLD. COMPREHENSIVE SERVICES ARE PROVIDED TO ENROLLED CHILDREN AND THEIR FAMILIES, WHICH INCLUDE HEALTH, NUTRITION, SOCIAL, AND OTHER SERVICES DETERMINED TO BE NECESSARY BY THE FAMILY NEEDS ASSESSMENT. A TOTAL OF 161 CHILDREN AND 161 FAMILIES WERE SERVED BY THE PROGRAM DURING THE 2022-23 PROGRAM YEAR. EXTENDED DAY SERVICES AND SUMMER PROGRAM WERE PROVIDED WITH COUNTY RESOURCES.THE KAHI KAMALII INFANT AND TODDLER PROGRAM PROVIDES QUALITY EARLY CHILDHOOD SERVICES TO FAMILIES THAT ARE EMPLOYED FULL TIME. THE PROGRAM SERVES CHILDREN AGED 12 MONTHS TO 3 YEARS. THE GOAL OF THE PROGRAM IS TO PROVIDE CENTER-BASED CARE FOR YOUNG CHILDREN SO FAMILIES CAN SUCCESSFULLY OBTAIN AND MAINTAIN SELF- SUFFICIENCY. THE PROGRAM IS SUPPORTED BY THE COUNTY OF MAUI 3673784 1913389 40586 OTHER PROGRAM SERVICESOTHER PROGRAM SERVICES INCLUDE CRISIS AND EMERGENCY ASSISTANCE TO STABILIZED HOUSEHOLDS EVIDENCE BASED YOUTH PREVENTION PROGRAMS, EMPLOYMENT AND TRAINING, BUSINESS PLAN CLASSES AND TECHNICAL ASSISTANCE, MICROLOANS, REINTEGRATION SUPPORT SERVICES, HISPANIC ACCULTURATION SERVICES, WEATHERIZATION, LIHEAP PROGRAMS, THE SENIOR FARMERS MARKET NUTRITION PROGRAM, AND COMMUNITY SERVICES BLOCK GRANT THAT FUNDS AGENCY-WIDE ADMINISTRATION AND PROGRAMS THAT SUPPORT LOW INCOME INDIVIDUALS AND FAMILIES.HIGHLIGHTS FOR THE FISCAL YEAR INCLUDED IN AUGUST 2023, THE ISLAND OF MAUI EXPERIENCED DESTRUCTIVE WILDFIRES THAT IMPACTED SEVERAL COMMUNITIES ON THE ISLAND. MEO OPERATES IN THESE COMMUNITIES AND FORTUNATELY FOR MEO, MEO DID NOT EXPERIENCE MATERIAL DAMAGE TO ITS PROPERTY AND EQUIPMENT. SINCE THE FIRES, MEO HAS BEEN AT THE FOREFRONT IN SUPPORT OF THE COMMUNITIES ON MAUI. MEO IS WORKING WITH FEDERAL, STATE OF HAWAII, COUNTY OF MAUI, PRIVATE AND PUBLIC AGENCIES TO HELP THE PEOPLE OF MAUI. WORKING WITH THESE AGENCIES, MEO HAS IMPLEMENTED PROGRAMS THAT PROVIDE TRANSPORTATION, TRANSITIONAL HOUSING, JOBS, TEMPORARY ASSISTANCE FOR VEHICLE, UTILITY, CLOTHING AND SCHOOL SUPPLY PAYMENTS, BUSINESS GRANTS IN SUPPORT OF THE PEOPLE OF MAUI. 3673784 1913389 40586 19944927 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 193 0 284 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 HI X X MONICA TAKAMURA 8082492980 99 MAHALANI STREET WAILUKU HI 96793 CAROL RIEMANN DIRECTOR/PRESIDENT/PAST VICE PRESIDENT 1.00 X X 0 0 0 BARD PETERSON DIRECTOR/VICE PRESIDENT/PAST PRESIDENT 1.00 X X 0 0 0 CLIFFORD ALAKAI DIRECTOR/TREASURER 1.00 X X 0 0 0 ARLEEN GERBIG DIRECTOR/SECRETARY 1.00 X X 0 0 0 ADELE RUGG DIRECTOR 0.50 X 0 0 0 DAWN BICOY DIRECTOR 0.50 X 0 0 0 GLENN YAMASAKI DIRECTOR 0.50 X 0 0 0 REUBEN IGNACIO DIRECTOR 0.50 X 0 0 0 CYNTHIA LALLO DIRECTOR 0.50 X 0 0 0 EDWARD NED DAVIS DIRECTOR 0.50 X 0 0 0 ALVIN KAI PELAYO DIRECTOR 0.50 X 0 0 0 PETER HOROVITZ DIRECTOR 1.00 X 0 0 0 SANDY RYAN DIRECTOR 0.50 X 0 0 0 SCOTT OKADA DIRECTOR 0.50 X 0 0 0 GABE JOHNSON DIRECTOR 0.50 X 0 0 0 DESIREE TING DIRECTOR 0.50 X 0 0 0 CHARLES ANDRION DIRECTOR 0.50 X 0 0 0 CHANELLE DUNDAS DIRECTOR 0.50 X 0 0 0 DAVID RAATZ DIRECTOR 0.50 X 0 0 0 GEMMA MEDINA DIRECTOR 0.50 X 0 0 0 TESSIE SEGUI DIRECTOR 0.50 X 0 0 0 ELIZABETH DELA CRUZ DIRECTOR 0.50 X 0 0 0 CLAIRE KAMALU DIRECTOR 0.50 X 0 0 0 TASHA KAMA DIRECTOR 0.50 X 0 0 0 FRANK DEREGO JR DIRECTOR 0.50 X 0 0 0 DEBRA CABEBE CHIEF EXECUTIVE OFFICER 55.00 X 116051 0 5919 GAY SIBONGA CHIEF OPERATIONS OFFICER 55.00 X 92384 0 5013 DEBRA LORENZO FORMER CHIEF FISCAL OFFICER 55.00 X 87819 0 4789 CLIFFORD CAESAR CHIEF HUMAN RESOURCES OFFICER 55.00 X 80094 0 11644 MONICA TAKAMURA CHIEF FISCAL OFFICER 55.00 X 67624 0 4087 443972 0 31452 1 0 0 0 INSPIRED PLAY LLC 96-1417 WAIHONA PLACE UNIT A PEARL CITY HI 96782 INSTALLATION OF PLAY STRUCTURES 221413 DEPARTMENT OF EDUCATION 1106 KOKO HEAD AVE HONOLULU HI 96816 MEAL SERVICES 194803 AEGAEON LLC 225 AINOHOU PLACE WAILUKU HI 96793 SECURITY SERVICES 163598 3 1242 38223 20286129 589227 20914821 PROGRAM INCOME 900099 159654 159654 TRANSPORTATION 485000 2226 2226 LOAN FEES 900099 1289 1289 163169 64104 64104 79093 55482 23611 23611 1412 22199 348857 353754 69835 -4897 -69835 -74732 -74732 98287 38223 28334 69953 69953 OTHER 900099 28390 28390 28390 21189316 191559 1412 81524 4921892 4921892 462984 398809 64175 8859361 7635575 1223786 237296 204470 32826 1449935 1249555 200380 737662 635646 102016 31252 31252 47980 47980 31250 31250 11186 11186 306111 302076 4035 601160 544103 57057 570350 532660 37690 105747 91261 14486 4982 4982 1266448 1252504 13944 697160 662908 34252 GAS AND OIL 738724 738724 REPAIR AND MAINTENANCE 701959 688285 13674 MISCELLANEOUS EXPENSES 95872 3273 92599 0 TRAINING 81847 78204 3643 21961158 19944927 2016231 0 3635623 2491898 1077506 2023326 1311980 1658813 98950 95158 69236 70330 266953 448078 36517212 14814910 22551358 21702302 1372797 1540895 3092 387896 30387495 30418696 986941 963688 2117742 2418950 24690 26249 113300 113300 0 388103 3242673 3910290 X 15484251 14928039 11660571 11580367 27144822 26508406 30387495 30418696 -771842 135426 0 X X 0 1 X 1 1 1 X 16155828 19606381 25697881 18497233 20914821 100872144 16155828 19606381 25697881 18497233 20914821 100872144 100872144 105554 120318 111355 148594 141785 627606 1412 1412 161947 70946 23898 33686 28390 318867 101820029 1184119 0.99070 0.99000 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2018 AMOUNT: $ 161,947. 2019 AMOUNT: $ 70,946. 2020 AMOUNT: $ 23,898. 2021 AMOUNT: $ 33,686. 2022 AMOUNT: $ 28,390. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31490 31490 19913437 19944927 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 31250 31250 31250 31250 125000 250000 250000 250000 250000 1000000 1500000 12528514 12528514 7614010 5737612 1876398 8693809 7831356 862453 7680879 1245942 6434937 21702302 RIGHT OF USE LIABILITY 388103 388103 X 21928235 135426 380824 80204 596454 21331781 11186 -153651 -142465 21189316 22484447 380824 153651 534475 21949972 11186 11186 21961158 PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED MEO'S TAX POSITIONS AS OF SEPTEMBER 30, 2023 AND 2022 AND FOR THE YEARS THEN ENDED AND DETERMINED THAT MEO HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. MEO IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS 80,204. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -55,482. FUNDRAISING EXPENSES -28,334. LOSS ON DISPOSITION OF ASSETS -69,835. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 69,835. FUNDRAISING EXPENSES 28,334. RENTAL EXPENSES 55,482. 2023 MEO GALA 136510 38223 98287 19500 8834 136510 38223 98287 19500 8834 28334 69953 1 RENT ASSISTANCE FOR HOMELESSNESS PREVENTION 462 1715536 ADULT AND CHILD SUPPORTIVE SERVICES 3180 3206356 PART I, LINE 2: SCHEDULE I, PAGE 1, PART 1, LINE 2: FILES ARE MAINTAINED FOR EACH CLIENT WHICH DETAILS ELIGIBILITY REQUIREMENTS, TRACKS ASSISTANCE AMOUNTS, AND FOLLOW UP DOCUMENTATION. PROGRAM AND FINANCIAL POLICIES AND PROCEDURES ARE ESTABLISHED TO ENSURE GRANT COMPLIANCE. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES. FORM 990, PART III, LINE 2 IN RESPONSE TO DESTRUCTIVE WILDFIRES IN AUGUST 2023 THAT CAUSED WIDESPREAD DAMAGE TO HOUSING IN MAUI, MEO IMPLEMENTED PROGRAMS THAT PROVIDE TRANSITIONAL HOUSING THROUGH SEVERAL GOVERNMENT AND PRIVATE GRANTS AND CONTRACTS TOTALING APPROXIMATELY $100 MILLION. MEO RECEIVED $1,625,000 DURING THE YEAR ENDED SEPTEMBER 30, 2023, OF WHICH $1,557,065 IS RECORDED IN REFUNDABLE ADVANCES IN THE STATEMENT OF FINANCIAL POSITION AT SEPTEMBER 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE COMPLETED ANNUALLY AFTER THE AUDIT IS COMPLETED. THE RETURN WILL BE REVIEWED BY THE FINANCE COMMITTEE PRIOR TO PROVIDING IT TO THE BOARD MEMBERS. AFTER RESOLVING ANY QUESTIONS OR UPDATES, THE FORM WILL BE PRESENTED TO THE BOARD MEMBERS TO APPROVE FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS DISCLOSE ANNUALLY ANY POSSIBLE CONFLICTS OF INTEREST BY COMPLETING A "CONFLICT OF INTEREST POLICY" STATEMENT. THE POLICY IS DISCUSSED AT THE ANNUAL BOARD TRAINING FOR NEW & RETURNING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 IT IS MEO'S POLICY TO PAY EMPLOYEES IN ACCORDANCE WITH ESTABLISHED SALARY RANGES AND BASED ON THEIR SKILL, PERFORMANCE AND EXPERIENCE IN THE LABOR MARKET. WE MONITOR PAY RATES OF NON-PROFITS AND STRIVE TO PROVIDE COMPETITIVE PAY RATES FOR OUR EMPLOYEES. IN ACCORDANCE WITH MEO'S STRATEGIC PLAN, WE CONDUCT A FORMAL WAGE STUDY ON A BI-ANNUAL BASIS. THE LAST STUDY WAS CONDUCTED IN JULY 2022. CEO'S COMPENSATION IS BASED ON WHAT OTHER NON PROFIT DIRECTORS ARE PAID IN THE STATE. THE WAGE DATA IS PUBLISHED ANNUALLY IN THE PACIFIC BUSINESS NEWS. INFORMATION LISTED IN THE PUBLICATION IS BASED ON THE PREVIOUS YEAR'S EARNINGS. IT LISTS THE NAME OF THE ORGANIZATION, MISSION OR PURPOSE, THE NAME OF THE TOP EXECUTIVE, THE ORGANIZATION'S OPERATING BUDGET, TOTAL NUMBER OF EMPLOYEES AND THE EXECUTIVE'S ANNUAL SALARY. ONCE DATA IS COLLECTED IT IS GIVEN TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH INCLUDES THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND SIX OTHER MEMBERS. THIS COMMITTEE EVALUATES THE CEO AND UTILIZES THE WAGE STUDY INFORMATION TO MAKE A SALARY RECOMMENDATION TO THE FULL BOARD. THE FULL BOARD MUST APPROVE THE CEO'S SALARY RATES. OTHER STAFF SALARIES ARE ESTABLISHED BASED ON WAGE STUDIES COMPARING SIMILAR TYPE OF POSITIONS AND RESPONSIBILITIES. FINAL APPROVAL FOR STAFF SALARY RANGES (OTHER THAN THE CEO'S) MUST BE APPROVED BY THE CEO. THE PROCESS FOR THE CEO COMPENSATION IS DOCUMENTED IN THE BOARD OF DIRECTORS MANUAL AND MINUTES WHEN AN ADJUSTMENT IS APPROVED. ALL OTHER STAFF COMPENSATION DETERMINATION PROCESS IS DOCUMENTED AS A GENERAL OVERVIEW IN THE MEO EMPLOYEE HANDBOOK, PERSONNEL MEMO, AND HUMAN RESOURCES PROCEDURES. SALARY RANGES ARE ESTABLISHED AND MAINTAINED BY HUMAN RESOURCES AND DOCUMENTED ON AN APPROVED SALARY RANGE SCHEDULE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S MAIN OFFICE LOCATED AT 99 MAHALANI STREET, WAILUKU, HI 96793. INFORMATION STATING THAT THE DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE LOCATION IS ON THE ORGANIZATION'S WEBSITE AT WWW.MEOINC.ORG. INFORMATION IS ALSO AVAILABLE ON GUIDESTAR. 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.