2025-11-14T17:24:21-06:00 2024-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2024-01-01 680544935 HAWAII HOMEOWNERSHIP CENTER HAWA 8085239500 1259 AALA STREET 201 HONOLULU HI 96817 REINA MIYAMOTO EXECUTIVE DIRECTOR 8085239500 2025-11-14 1 1 RODNEY M HARANO P00389596 8085311040 2025-11-13 2024 2025-03-06 01:10:19Z REINA MIYAMOTO 1259 AALA STREET 201 HONOLULU HI 96817 1671611 0 X WWW.HIHOMEOWNERSHIP.ORG X 2003 HI THE HAWAII HOMEOWNERSHIP CENTER WILL PROVIDE EDUCATION, INFORMATION AND SUPPORT TO CREATE SUCCESSFUL FIRST-TIME HOMEOWNERS IN HAWAII. BY ADDRESSING BARRIERS AND INCREASING RATES OF HOME OWNERSHIP, THE HOMEOWNERSHIP CENTER AIMS TO BUILD STRONGER FAMILIES AND COMMUNITIES THROUGHOUT THE STATE OF HAWAII. 19 19 6 111 0 0 994247 882170 20326 35658 1315 97135 -29950 -25614 985938 989349 344540 176850 0 0 387688 439332 0 0 70618 223652 275170 955880 891352 30058 97997 2255962 2442512 61356 135984 2194606 2306528 X CREATE SUCCESSFUL HOMEOWNERS BY PROVIDING CLASSES AND HOMEOWNERSHIP COACHING TO PREPARE FOR THE PURCHASE PROCESS AND HAVE ACCESS TO BUYER RESOURCES. POST-PURCHASE SUPPORT IS AVALIABLE TO HAVE A RESOURCE TO ADDRESS CONCERS AS A HOMEOWNER. THOSE SERVED INCLUDE LOW-MODERATE INCOME INDIVIDUALS & FAMILIES. 0 0 669665 176850 35658 TO PROVIDE INFORMATION, EDUCATION, AND SUPPORT TO LOW TO MODERATE INCOME PERSONS AND FAMILIES IN ORDER TO CREATE SUCCESSFUL FIRST-TIME HOME OWNERS IN THE STATE. CLASSES, HOMEOWNERSHIP COACHING, AND POST-PURCHASE SERVICES ARE PROVIDED TO FULFILL THIS MISSION.FORECLOSURE PREVENTION AND RENTAL COUNSELING WAS AVAILABLE FOR DISTRESSED OWNERS AND RENTERS TO DISCUSS THEIR HOUSING CONCERNS. COUNSELING SESSIONS FOCUSED ON HOME RETENTION UNLESS OTHERWISE SPECIFIED BY THE CLIENT. HHOC CONTINUED ITS MODIFIED VERSION OF THE PROGRAM PROPOSED TO ALOHA UNITED WAY TO SUPPORT DEVELOPING FINANCIAL LITERACY SKILLS IN THE ALICE (ASSET LIMITED, INCOME CONSTRAINED, EMPLOYED) POPULATION. THE FINANCIAL CAPABILITIES PILOT PROGRAM TESTED WHAT WE THOUGHT COULD BE A SCALABLE PROGRAM MODEL OF INSTILLING POSITIVE FINANCIAL HABITS IN THE POPULATION THAT WAS 80% OR BELOW THE AREA MEDIAN INCOME. WE PROVIDED AN ONLINE MONEY MANAGEMENT WORKSHOP AND A FINANCIAL INCENTIVE (UP TO $350 SAVINGS MATCH) TO REWARD THOSE WHO SAVED AND SUBMITTED A BUDGET FOR 6 CONSECUTIVE MONTHS. THE PROGRAM WAS EXPANDED TO HSTA MEMBERS THROUGH SUPPORT FROM NAREIT HAWAII RECEIVED IN 2020. 669665 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 9 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 HI X KRYSTAL CHING 8089410500 1601 KAPIOLANI BLVD 1140 HONOLULU HI 96814 RUSTY RASMUSSEN CHAIR 0.75 X X 0 0 0 DEBRA LUNING VICE CHAIR 1.00 0.25 X X 0 0 0 KARL YONESHIGE TREASURER 0.50 0.25 X X 0 0 0 JACKYE CHAI SECRETARY 0.50 X X 0 0 0 CAROL MARX BOARD MEMBER 0.50 X 0 0 0 JUN YANG BOARD MEMBER 0.25 0.25 X 0 0 0 BRANDON LAU BOARD MEMBER 0.25 X 0 0 0 GARY KAI BOARD MEMBER 0.25 X 0 0 0 SHARILYN TANAKA BOARD MEMBER 0.75 X 0 0 0 KEITH KATO BOARD MEMBER 0.25 0.25 X 0 0 0 MAY NISHIJIMA BOARD MEMBER 0.50 X 0 0 0 PATRICK BULLARD BOARD MEMBER 0.50 X 0 0 0 TESS SHIMABUKURO BOARD MEMBER 0.25 X 0 0 0 DANIEL FONG BOARD MEMBER 0.50 X 0 0 0 GREG YOUNG BOARD MEMBER 0.25 0.25 X 0 0 0 BRYCE TANI BOARD MEMBER 0.25 X 0 0 0 JEFFREY TSUTSUSE BOARD MEMBER 0.25 X 0 0 0 CALVIN MANN BOARD MEMBER 0.25 X 0 0 0 KYLE WEIGHNER BOARD MEMBER 0.25 X 0 0 0 GRANT CHUN FORMER BOARD MEMBER 0.25 0.25 X 0 0 0 REINA MIYAMOTO EXECUTIVE DIRECTOR 28.75 11.25 X 105000 0 9154 105000 0 9154 1 0 0 0 0 50000 186859 31300 614011 59696 882170 FEES 611710 35658 35658 35658 73756 73756 540538 517159 23379 23379 23379 139489 186859 165103 -25614 -25614 989349 35658 0 71521 146000 146000 30850 30850 114153 57155 31106 25892 244106 204554 20349 19203 47150 38821 4305 4024 33923 26531 3966 3426 60220 60220 10468 10468 49574 37993 7180 4401 55744 43168 4223 8353 30415 26702 1720 1993 7269 7239 30 8820 8650 170 6246 6246 818 818 17283 12871 1086 3326 MISCELLANEOUS 28313 28313 891352 669665 151069 70618 10578 29543 364009 560515 100417 117503 50534 87265 46736 16437 13674 179059 176606 3271 2453 1673839 1621408 146 146 2255962 2442512 41356 46582 20000 89402 61356 135984 X 2072714 2294033 121892 12495 2194606 2306528 2255962 2442512 97997 13925 0 X 0 1 X 1 1 1 X 792082 675046 666803 994247 882170 4010348 792082 675046 666803 994247 882170 4010348 125783 3884565 784 18766 51277 49989 73756 194572 1243 1243 4206163 825878 0.92350 0.94900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 1,243. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 385588 385588 385588 385588 0.00000 0.00000 0.00000 179059 176606 2453 2453 REFUNDABLE ADVANCE 20000 INTERCOMPANY PAYABLES 69402 89402 X 1102203 13925 109397 123322 978881 10468 10468 989349 834884 0 834884 10468 46000 56468 891352 PART V, LINE 4: PREVIOUSLY, RESTRICTED NET ASSETS HELD FOR LONGTERM PURPOSES CONSISTED OF A PERMANENTLY RESTRICTED REVOLVING LOAN AND CAPITAL PROJECT FUND COMPRISED OF LOANS AND INTERESTBEARING CASH ACCOUNTS HELD UNDER AN AGREEMENT WITH THE NEIGHBORHOOD REINVESTMENT CORPORATION, DBA NEIGHBORWORKS AMERICA, FOR MAKING LOANS AND FOR CAPITAL PROJECTS. PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF HHOC, HHOCM, AND HLT AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 BY REVIEWING THEIR INCOME TAX RETURNS, AND DETERMINED THAT THEY HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. HHOC, HHOCM, AND HLT ARE 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: CHANGES IN NET ASSETS WITH DONOR RESTRICTIONS 109,397. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO HHOC MORTGAGE 46,000. FLAVORS OF NEIGHBORS 190866 121510 69356 33676 26955 18641 8864 GOLF TOURNAMENT 105310 65349 39961 26020 10195 24139 1 30172 30172 12384 4229 326348 186859 139489 59696 26955 41220 37232 165103 -25614 1 HHOC MORTGAGE 1259 AALA STREET HONOLULU HI 96817 271240023 501(C)(3) 46000 0 LOAN FORGIVENESS HALE MAHAOLU 200 HINA AVENUE KAHULUI HI 96732 990143109 501(C)(3) 100000 0 DISASTER RECOVERY (MAUI WILDFIRES) 2 0 SAVINGS MATCH GRANTS FOR FINANCIAL CAPABILITIES PILOT PROGRAM PARTICIPANTS 91 30850 PART I, LINE 2: GRANT AGREEMENTS ARE REVIEWED, NOTES ARE MADE ON A MATRIX REGARDING REPORTING DEADLINES, OUTPUTS OR OUTCOMES (AS APPLICABLE), AND USE OF FUNDS. ALL EXPENSES FOR A SPECIFIC GRANT ARE SUB-CLASSED IN THE QUICK BOOKS FILE AND REVIEWED TO ENSURE ALL EXPENSES ARE ALLOWABLE. X PRIZE ITEMS 171 59696 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW, COMMENTS, AND QUESTIONS. IT IS THEN PROVIDED TO THE BOARD OF DIRECTORS AND REVIEWED BY THE TAX PREPARERS BEFORE THE BOARD OF DIRECTORS HAVE A VOTE TO APPROVE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, COMMITTEE MEMBER, OFFICER AND EMPLOYEE IS RESPONSIBLE TO CONTINUALLY SCRUTINIZE THEIR TRANSACTIONS, OUTSIDE BUSINESS AND FINANCIAL INTERESTS, AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST AND TO IMMEDIATELY MAKE SUCH DISCLOSURES IN ACCORDANCE WITH ARTICLE III OF THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR, OFFICER, COMMITTEE MEMBER (IF THEY HAVE VOTING AUTHORITY ON BEHALF OF THE BOARD OF DIRECTORS), AND EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT THEY: 1. HAVE RECEIVED A COPY OF THE CODE OF CONDUCT/CONFLICT OF INTEREST POLICY; 2. HAVE READ AND UNDERSTAND THE POLICY AND THAT THE POLICY APPLIES TO HHOC DIRECTORS, OFFICERS, COMMITTEE MEMBERS, AND EMPLOYEES; 3. WILL ABIDE WITH THE POLICY; AND 4. UNDERSTAND THAT HHOC IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN HHOC'S FEDERAL TAX EXEMPTION, HHOC MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OF MORE OF HHOC'S TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. COMPARABLE DATA USED INCLUDE DEPARTMENT OF LABOR SALARY AND WAGE STATISTICS FOR HAWAII. PAY ADJUSTMENTS ARE DOCUMENTED IN THE PERSONNEL FILE. THE EXECUTIVE DIRECTOR IS EVALUATED ANNUALLY BY THE BOARD OF DIRECTORS. COMPENSATION IS DISCUSSED IN CONNECTION WITH THAT EVALUATION. 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. HHOC MORTGAGE 1259 AALA ST STE 201 HONOLULU HI 96817 271240023 FINANCIAL ASSISTANCE FOR LOW/MODERATE INCOME HOME BUYERS HI 501(C)(3) LINE 7 HAWAII HOMEOWNERSHIP CENTER 0 HHOC HOUSING AND LAND TRUST 1259 AALA ST STE 201 HONOLULU HI 96817 811067169 FINANCIAL ASSISTANCE FOR LOW/MODERATE INCOME HOME BUYERS HI 501(C)(3) LINE 7 HAWAII HOMEOWNERSHIP CENTER 0 0 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 1 0