2025-08-15T02:18:54-05:00 2024-06-30 465002021 ALEX J SMITH CPA 1403 FRANK STREET HONOLULU HI 96816 990 2023-07-01 990355149 HABITAT FOR HUMANITY HAWAII ISLAND INC HABI 8083318010 PO BOX 4619 KAILUAKONA HI 96745 CHRIS MARLETT PATULSKI EXECUTIVE DIRECTOR 8083318010 2025-08-14 1 1 ALEX J SMITH P00994702 8089271725 X 2023 2025-03-06 01:10:19Z CHRIS MARLETT PATULSKI PO BOX 4619 KAILUAKONA HI 96745 1063877 0 X WWW.HABITATHAWAIIISLAND.ORG X 2001 HI HABITAT FOR HUMANITY HAWAII ISLAND WORKS IN PARTNERSHIP WITH PEOPLE IN NEED TO BUILD AND RENOVATE DECENT, AFFORDABLE HOUSING. NEW HOMEOWNERS ARE PROVIDED AN AFFORDABLE MORTGAGE WITH VERY LITTLE OR NO INTEREST CHARGED. 11 11 30 245 0 0 549680 366292 10326 2838 0 0 440064 333538 1000070 702668 0 0 0 0 540172 469390 0 0 367775 491025 442095 1031197 911485 -31127 -208817 3566674 3539800 1514141 1607907 2052533 1931893 X THROUGH THE USE OF ORGANIZATION RESOURCES, COMBINED WITH VOLUNTEER LABOR, BUILD DECENT, SIMPLE, AFFORDABLE HOUSING OR MAKE CRITICAL REPAIRS TO EXISTING HOUSING. NEW HOMEOWNERS ARE PROVIDED AN AFFORDABLE MORTGAGE WITH VERY LITTLE OR NO INTEREST CHARGED, WHILE HOMEOWNERS OF HOUSES WHERE CRITICAL REPAIRS ARE CONDUCTED SIGN A PROMISSORY NOTE TO REPAY A PORTION OF THE COST OF THE REPAIRS WITH NO INTEREST CHARGED. 0 0 45364 2838 CONSTRUCTION CONTINUED ON HOMES - PERFORMED 3 CRITICAL HOME REPAIRS DURING FY 24, BRINGING THE TOTAL OF NEW HOMES COMPLETED SINCE 2002 TO 61, AND OVER 61 HOUSEHOLDS SERVED WITH CRITICAL HOME REPAIRS TO ADDRESS ISSUES OF HEALTH AND SAFETY. 134136 977 WORK CLOSELY WITH FAMILIES FROM SELECTION, THROUGH BUILD PROCESS, AND CONTINUING THROUGH MORGTGAGE PAY OFF, OFFERING SUPPORT AND EDUCATION TO SELECTED FAMILIES FOR THEIR ENTIRE FIRST TIME HOME OWNERSHIP EXPERIENCE. HOMEOWNERS PARTICIPATION INCLUDES 500 SWEAT EQUITY HOURS WITH THE ORGANIZATIOIN AND EDUCATIONAL CLASSES INCLUDING HOMEOWNER FINANCIAL LITERACY EDUCATION. 179500 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 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 1 22 0 30 1 0 0 0 0 0 0 0 1 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 HI X THE ORGANIZATION 8083318010 73-4161 ULU WINI PLACE BAY 1 KAILUAKONA HI 96740 JAMES LOWSON PRESIDENT/TREASURER 1.00 X X 0 0 0 GAIL NOEAU VICE-PRESIDENT 0.30 X X 0 0 0 DR ANN MARIE MURAMOTO SECRETARY 0.30 X X 0 0 0 APRIL BATES DIRECTOR 0.30 X 0 0 0 EDWINA FUJIMOTO DIRECTOR 0.30 X 0 0 0 NAPUA KEKAUOHA-CHARTRAND DIRECTOR 0.30 X 0 0 0 ALEX KEELEY DIRECTOR 0.30 X 0 0 0 CRAIG KAHUI DIRECTOR 0.30 X 0 0 0 NIKKI BREDESON DIRECTOR 0.30 X 0 0 0 TASHANNA OKAMI DIRECTOR 0.30 X 0 0 0 BRENDA AVERY DIRECTOR 0.30 X 0 0 0 CHRIS MARLETT PATULSKI EXECUTIVE DIRECTOR (FROM 7/23) 40.00 X 42219 0 6630 PATRICK HURNEY EXECUTIVE DIRECTOR (THRU 6/23) 40.00 X 49323 0 6630 91542 0 13260 0 0 0 0 0 23000 82429 260863 366292 CRITICAL HOME REPAIR 236000 2838 2838 2838 49606 0 49606 49606 49606 3765 23000 10653 -6888 -6888 640399 350556 289843 289843 OTHER INCOME 900099 977 977 977 702668 3815 0 332561 99050 43582 25753 29715 294383 78549 185454 30380 6522 4859 1663 26086 17112 13207 -4233 43349 13799 22953 6597 10 3 7 816 210 286 320 34529 1905 15260 17364 11199 126 2537 8536 258278 22474 53808 181996 10411 3328 4731 2352 2097 95 1974 28 59659 1967 12967 44725 OTHER PROGRAM EXPENSES 38819 1842 275 36702 VEHICLE EXPENSE 19887 9416 301 10170 DUES AND SUBSCRIPTIONS 18584 1783 16492 309 CONSTRUCTION/RENOVATION -16688 -16688 4494 3350 1144 911485 179500 364210 367775 669844 460655 35360 33365 529690 365598 88806 88806 27535 92104 680341 563415 169765 116926 2045674 2382346 3566674 3539800 227052 163668 352544 516961 9851 2584 320798 320798 603896 603896 1514141 1607907 X 1869250 1795429 183283 136464 2052533 1931893 3566674 3539800 -208817 88177 0 X 0 0 0 X 506870 348593 2927263 549680 366292 4698698 506870 348593 2927263 549680 366292 4698698 115658 4583040 4137 4122 4118 12377 405218 489432 563207 425733 332561 2216151 728 3485 24979 14331 977 44500 6971726 501557 0.65740 0.67130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 383797 345344 38453 40957 30479 10478 255587 187592 67995 116926 INVESTMENT IN JOINT VENTURE 413367 DONATED LAND AND COSTS 136464 DEBT ISSUANCE COSTS 30799 RENTAL SECURITY DEPOSIT 15279 HOMES/RENOVATIONS UNDER CONSTRUCTIO 1786437 2382346 NMTC LOAN PAYABLE 603896 603896 X PART IV, LINE 2B: PART IV, LINE 2B - HOMEOWNER'S INSURANCE AND PROPERTY TAX, IF APPLICABLE, ARE PAID BY THE HOMEOWNER TO WEST HAWAII HABITAT, PRO-RATA ON A MONTHLY BASIS, WITH THE PROMISSORY NOTE PAYMENTS. IN ORDER TO PROTECT THE HOME, WEST HAWAII HABITAT THEN PAYS ON THE HOMEOWNERS' BEHALF WHEN THE APPLICABLE BILL BECOMES DUE. DEPOSITS FOR HOMES IN PROGRESS ARE ALSO HELD IN ESCROW UNTIL APPLIED TO HOMEOWNER'S NOTE RECEIVABLE. PART X, LINE 2: HABITAT HAWAII ISLAND FOLLOWS ACCOUNTING STANDARDS CODIFICATION TOPIC (ASC 740), INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT NO SUCH UNCERTAIN TAX POSITION EXISTS FOR HABITAT HAWAII ISLAND. FORM 990, PART VI, SECTION A, LINE 1A MEMBERS OF THE EXECUTIVE COMMITTEE: JAMES LOWSON - PRESIDENT/TREASURER, GAIL NOEAU - VICE PRESIDENT, AND DR. ANN MARIE MURAMOTO - SECRETARY. FORM 990, PART VI, SECTION B, LINE 11B DUE TO TIME CONTSTRAINTS, THE EXECUTIVE DIRECTOR REVIEWS AN ELECTRONIC COPY OF THE 990 PRIOR TO BEING SIGNED BY AN OFFICER AND SUBMITTED TO THE IRS. THE FULL BOARD WILL REVIEW THE 990 AT THEIR NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER WILL SIGN THEIR AGREEMENT WITH THE POLICY AT THE ANNUAL MEETING. THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT OF THE BOARD OVERSEES THE EVALUATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. COMPENSATION IS BASED ON PERFORMANCE, ACHIEVEMENTS AND BUDGET. HABITAT FOR HUMANITY INTERNATIONAL IS ALSO CONSULTED FOR COMPARISON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON A CASE BY CASE BASIS UPON REQUEST.