2026-05-14T18:38:26-05:00 2025-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2024-07-01 990226377 MAUI ECONOMIC DEVELOPMENT BOARD INC MAUI 8088752300 1305 N HOLOPONO STREET STE 1 KIHEI HI 96753 LESLIE WILKINS PRESIDENT & CEO 8088752300 2026-05-14 1 0 RODNEY M HARANO P00389596 8085311040 2026-05-14 2024 2025-03-06 01:10:19Z LESLIE WILKINS 1305 N HOLOPONO STREET STE 1 KIHEI HI 96753 10080321 0 X WWW.MEDB.ORG X 1982 HI MEDB LEADS AND INSPIRES INNOVATION IN BUSINESS, EDUCATION, AND OUR COMMUNITY. 23 22 36 457 88748 80595 12137000 7444201 1104165 1533146 -47808 -6425 122571 136587 13315928 9107509 6224412 662279 0 0 2030105 2321816 0 0 127050 4710472 5041714 12964989 8025809 350939 1081700 13085003 15326384 7411981 8568555 5673022 6757829 MEDB LEADS AND INSPIRES INNOVATION IN BUSINESS, EDUCATION, AND OUR COMMUNITY. 0 0 4133800 662279 1539532 BUSINESS DEVELOPMENT/OUTREACH/TECHNICAL ASSISTANCE:THE ORGANIZATION TARGETS AND ASSISTS EXISTING AND EMERGING BUSINESSES IN INFORMATION TECHNOLOGY, ENGINEERING, AEROSPACE, ASTRONOMY/OPTICS, RENEWABLE ENERGY, HEALTHCARE, AGRI-TECHNOLOGY AND SMALL BUSINESSES. THESE SECTORS PROVIDE OPPORTUNITIES TO STRENGTHEN AND BROADEN THE ECONOMY AND GENERATE ACTIVITIES THAT OFFER NEW CAREER OPTIONS FOR RESIDENTS. BUSINESS DEVELOPMENT STRATEGIES INCLUDE ONE-ON-ONE CONSULTATIONS, TECHNICAL CONFERENCES, PUBLIC AWARENESS TOOLS, AND EXHIBITIONS. 3079747 EDUCATION AND WORKFORCE DEVELOPMENT: MEDB'S EDUCATION TO WORKFORCE PIPELINE PROGRAMS SPAN KINDERGARTEN TO CAREERS. OUR ORIGINAL AND SIGNATURE PROGRAMS UNDER STEMWORKS(TM) SEEK TO STRENGTHEN THE PIPELINE BY ENGAGING STUDENTS INTO SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREER PATHWAYS. STEMWORKS INNOVATIVE METHODOLOGY IS GROUNDED IN PLACE-BASED, SERVICE AND APPLIED LEARNING. THE PROGRAM INCLUDES TECHNICAL TRAINING, ENGINEERING-DESIGN PROCESS, REAL-WORLD CHALLENGES, MENTORING, CAREER-AWARENESS ACTIVITIES, AND INTERNSHIPS FOR STUDENTS. EDUCATORS HAVE ACCESS TO STATE OF THE ART TECHNOLOGY TOOLS AND PROFESSIONAL DEVELOPMENT. MEDB PROGRAMS SERVE OVER 35,000 STUDENTS, EDUCATORS, AND BUSINESSES STATEWIDE. 167300 CIVIC ENGAGEMENT AND EDUCATION: THE ORGANIZATION WORKS TO ENGAGE MEMBERS OF THE COMMUNITY TO HAVE A VOICE IN DECISION-MAKING ABOUT MAUI COUNTY AND THE STATE'S ECONOMIC FUTURE. BY PROVIDING AND FACILITATING EDUCATION AND COMMUNITY-BASED PLATFORMS SUCH AS THE FOCUS GROUPS WHICH INFORMED THE COUNTY AND STATE'S COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS), MEDB SEEKS TO PROVIDE TOOLS FOR RESIDENTS TO TAKE ACTION TO MAKE INFORMED DECISIONS ABOUT THEIR LIVES, COMMUNITY, AND THE ECONOMY. 7380847 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 749 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X MICHELLE COCCA 8088752300 1305 N HOLOPONO STREET STE 1 KIHEI HI 96753 LESLIE WILKINS PRESIDENT AND CEO 40.00 X X 147572 0 36093 TIARE MARTIN BOARD CHAIR 1.00 X X 0 0 0 CURTIS TOM VICE CHAIR 0.50 X X 0 0 0 DEANNA GARCIA SECRETARY 0.50 X X 0 0 0 ROBERT KAWAHARA TREASURER 1.00 X X 0 0 0 DWAYNE BETSILL DIRECTOR 0.25 X 0 0 0 RYAN CHURCHILL DIRECTOR 0.25 X 0 0 0 JERRY CORNELL DIRECTOR 0.25 X 0 0 0 NED DAVIS DIRECTOR 0.25 X 0 0 0 ROSIE DAVIS DIRECTOR 0.25 X 0 0 0 LISA FRANKFORD FORMERLY THOMPSON DIRECTOR 0.25 X 0 0 0 RYAN FUKUSHIMA DIRECTOR 0.25 X 0 0 0 DAVID LASSNER DIRECTOR 0.25 X 0 0 0 MIKE MABERRY DIRECTOR 0.25 X 0 0 0 DR RONALD CHRIS MARTIN DIRECTOR 0.25 X 0 0 0 ERIC MATSUDA DIRECTOR 0.25 X 0 0 0 J SCOTT MEIDELL DIRECTOR 0.25 X 0 0 0 SAEDENE OTA DIRECTOR 0.25 X 0 0 0 ELLI PASCUA DIRECTOR 0.25 X 0 0 0 LISA PAULSON DIRECTOR 0.25 X 0 0 0 CAROL REIMANN DIRECTOR 0.25 X 0 0 0 RICK VOLNER JR DIRECTOR 0.25 X 0 0 0 MAILE WONG DIRECTOR 0.25 X 0 0 0 GRANT CHUN FORMER DIRECTOR 0.25 X 0 0 0 LISA TOMIHAMA FORMER DIRECTOR 0.25 X 0 0 0 PAMELA TUMPAP FORMER DIRECTOR 0.25 X 0 0 0 MICHELLE COCCA CHIEF FINANCIAL OFFICER 40.00 X 120299 0 10448 267871 0 46541 2 0 1 0 TIMS COMMERCIAL PO BOX 857 KIHEI HI 96753 GENERAL MAINTENANCE - BUILDING 136259 1 59700 45228 4296671 3042602 7444201 CONFERENCE FEES COLLECTED 900099 1533146 1533146 1533146 107796 107796 894925 746259 148666 148666 88748 59918 114221 -114221 -114221 -114221 93867 45228 112332 -18465 -18465 PROCESSING FEE EARNED 900099 6386 6386 6386 9107509 1539532 88748 35028 X 651279 651279 11000 11000 257806 169308 69951 18547 1634924 1457192 167805 9927 89258 76703 11212 1343 192729 165620 24210 2899 147099 126409 18477 2213 32215 32215 1124034 1074455 46810 2769 157774 146813 9760 1201 307295 256584 49150 1561 94214 56187 37693 334 170097 158761 10703 633 18637 16149 2349 139 39669 37087 2438 144 18320 13611 4446 263 UNRELATED BUSINESS INCO 28703 28703 MEDB EVENT COSTS 1634566 1634194 179 193 TRAINING 1270372 1215732 1710 52930 DUES AND SUBSCRIPTIONS 141420 111905 27764 1751 4398 1858 1040 1500 8025809 7380847 517912 127050 2214460 3075298 1419180 3015185 1428728 1761342 278623 225206 733803 448732 11115185 4571742 6770147 6543443 189262 207878 50800 49300 13085003 15326384 640952 559764 1767215 1861860 4770550 4596046 233264 1550885 7411981 8568555 X 4573708 5458768 1099314 1299061 5673022 6757829 13085003 15326384 1081700 3107 0 X 0 1 X 1 1 1 X 7202823 3938279 5402082 12137000 7444201 36124385 7202823 3938279 5402082 12137000 7444201 36124385 877821 35246564 4473 19544 259327 279192 910062 1472598 12378 92154 75191 80595 260318 441712 6913 18168 700 6386 473879 38331180 4527935 0.91950 0.93160 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 441,712. 2021 AMOUNT: $ 6,913. 2022 AMOUNT: $ 18,168. 2023 AMOUNT: $ 700. 2024 AMOUNT: $ 6,386. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1125972 1125972 7362838 3346898 4015940 2255236 898492 1356744 284143 256856 27287 86996 69496 17500 6543443 TENANT SECURITY DEPOSITS 55629 REFUNDABLE ADVANCES 1495256 1550885 X 9668128 3107 11000 14107 9654021 -546512 -546512 9107509 8783068 11000 746259 757259 8025809 0 8025809 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 THE TAX POSITIONS OF MEDB AS OF JUNE 30, 2025 AND 2024 AND FOR THE YEARS THEN ENDED AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. MEDB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS 199,747. DIRECT RENTAL EXPENSES -746,259. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 746,259. KE ALAHELE EDUCATION FUND 139095 45228 93867 21269 57049 34014 139095 45228 93867 21269 57049 34014 112332 -18465 1 ABSOLUTE CHARTERS INC PO BOX 12122 LAHAINA HI 96761 990292876 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) ALOHA MIXED PLATE LLC PO BOX 10279 LAHAINA HI 96761 320371907 8750 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) ALOHA SUNSHINE TOURS LLC 1039 11TH AVENUE HONOLULU HI 96816 831123905 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) AT YOUR SERVICE MAUI PO BOX 12350 LAHAINA HI 96761 388589776 5460 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) B&K BUILDERS GENERAL CONTRACTING LLC PO BOX 10234 LAHAINA HI 96761 680660840 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) BIG WAVE SHAVE ICE COMPANY LLC 57 LOA PLACE LAHAINA HI 96761 843183898 15000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) BILL WYLAND GALLERIES LAHAINA LLC PO BOX 25065 HONOLULU HI 96825 810845517 12572 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) CAPTAIN JACKS LLC 1819 SOUTH KIHEI ROAD BUILDING A KIHEI HI 96753 272777797 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) CLUB MAUI BEACH SERVICE INC PO BOX 5080 KAHULUI HI 96733 840423311 15000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) DOUBLE PORTION LLC 2679 WAI WAI PLACE 101 KIHEI HI 96753 464388108 12500 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) GENESIS MEXICAN AND LATINO PRODUCTS LLC PO BOX 1822 WAILUKU HI 96793 833057781 12500 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) GOOFY FOOT SURF SCHOOL INC 1706 HAIKU ROAD HAIKU HI 96708 830351734 6285 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) HALIIMAILE PINEAPPLE COMPANY LIMITED 872 HALIIMAILE RD MAKAWAO HI 96798 271447162 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) ISLAND NOVELTY LLC 469 ENA ROAD HONOLULU HI 96815 471340536 15000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) JOSEPH K & COMPANY LLC PO BOX 26026 HONOLULU HI 96825 990331727 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) KMBS INC 12 ULUPONO STREET STE F LAHAINA HI 96761 990286053 12500 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) KK CARETAKING LLC PO BOX 10445 LAHAINA HI 96761 843892563 14875 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) KOLEA CHARTERS OF LAHAINA INC PO BOX 2596 WAILUKU HI 96793 990286700 6171 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) LINCOLN CONSTRUCTION 951 KAI HELE KU STREET LAHAINA HI 96761 545968481 14979 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) MAUI ADVENTURE CRUISES INC PO BOX1263 KULA HI 96790 990236934 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) MAUI NO KA OI PROPERTIES LLC PO BOX 12283 LAHAINA HI 96761 854335250 5356 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) MAUI SURF CULTURE INC 5095 NAPILIHAU ST 109B PMB 172 LAHAINA HI 96761 873524991 8924 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) MAVERICK EVENTS CORPORATION PO BOX 747 PUUNENE HI 96784 261142946 12500 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) NOODLE BAR LLC 1215 SOUTH KIHEI ROAD F KIHEI HI 96753 823911164 15000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) PAULA IN PUAMANA LLC 119 KAPUNAKEA ST LAHAINA HI 967611745 822764352 10000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SARGENT'S FINE JEWELRY LLC 338 KAHANA RIDGE DRIVE LAHAINA HI 96761 263948579 17512 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SEA LINK OF HAWAII INC PO BOX 10084 LAHAINA HI 96761 990250927 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SEABERN YACHTS INC PO BOX 10336 LAHAINA HI 96761 990231177 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SEAFOAM INC 25 N IWA PLACE LAHAINA HI 96761 990236352 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SHOP BIKINI BIRD CORP 677 ALA MOANA BLVD STE 110 HONOLULU HI 96813 300834122 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) SUNSHINE NATURALS LLC PO BOX 13184 LAHAINA HI 96761 863367523 18842 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) THE GOLD MERMAID LLC 3615 LOWER HONOAPIILANI ROAD 206 LAHAINA HI 96761 800799258 8794 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) THREE PAISANOS 3350 LOWER HONAPIILANI RD LAHAINA HI 96761 990332257 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) TRIPLEK STONE WORKS INC 1718 AA PLACE LAHAINA HI 96761 841760433 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) WAIKIKI BREWING COMPANY LAHAINA 73878 HWY 70 PORTOLA CA 96122 822281982 19200 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) WHW LLC 34 WAILEA GATEWAY PLACE KIHEI HI 96753 880755932 12500 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) ZAMANI INC 2435 KAANAPALI PKWY LAHAINA HI 96761 990322275 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) ZELM ZERO EMISSION LANDSCAPE MAINTENANCE 5095 NAPILIHAU ST LAHAINA HI 96761 470966180 20000 0 N/A N/A 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) 0 38 2023 MAUI WILDFIRE RECOVRY (MAUI BUSINESS BRIDGE GRANTS) 2 11000 0 N/A N/A PART I, LINE 2: GRANTEES MUST COMPLETE AN APPLICATION PROCESS IN ORDER TO VERY NEED AND ELIGIBILITY. GRANTEES MUST COMPLETE AN AGREEMENT THAT DEFINES THE GRANT TERMS AND VERIFIES ASSURANCES REGARDING GRANT REQUIREMENTS. INVOICES AND PROOFS OF PAYMENT ARE REQUIRED FOR VALIDATION PRIOR TO ISSUANCE OF REIMBURSEMENT DISTRIBUTIONS TO THE GRANTEE. X X X 0 0 0 0 0 0 0 0 0 LESLIE WILKINS PRESIDENT AND CEO 138795 0 8777 0 0 0 17292 0 18801 0 183665 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S DUES PAYING MEMBERS HAVE VOTING RIGHTS AND ELECTS THE ORGANIZATON'S BOARD OF DIRECTORS, CHAIRMAN OF THE BOARD AND VICE-CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S DUES PAYING MEMBERS HAVE VOTING RIGHTS AND ELECTS THE ORGANIZATON'S BOARD OF DIRECTORS, CHAIRMAN OF THE BOARD AND VICE-CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND REVIEWED BY THE ORGANIZATION'S MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS ALL DIRECTORS TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY AND THROUGHOUT THE YEAR. DIRECTORS SIGN A DISCLOSURE FORM ON AN ANNUAL BASIS. CONFLICTS ARE INITIALLY DISCUSSED BY THE EXECUTIVE COMMITTEE AND SUBSEQUENTLY BY THE FULL BOARD OF DIRECTORS OR DIRECTLY BY THE FULL BOARD OF DIRECTORS. DEPENDING ON THE CIRCUMSTANCES OF THE CONFLICT, PERSONS WITH SUCH CONFLICTS MAY BE ASKED TO REMEDY THE SITUATION. OTHER RESTRICTIONS MAY RANGE FROM RECUSAL FROM VOTING TO RESIGNING FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND CEO (LESLIE WILKINS) IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD (WITH THE EXCEPTION OF THE PRESIDENT AND CHIEF FINANCIAL OFFICER) BASED ON PERFORMANCE APPRAISALS AND COMPARABILITY DATA FROM THE HAWAII ASSOCIATION OF NONPROFIT ORGANIZATIONS (HANO) AND OTHER NONPROFITS OF LIKE SIZE, STAFF, AND ACTIVITIES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,074,455. MANAGEMENT AND GENERAL EXPENSES 46,810. FUNDRAISING EXPENSES 2,769. TOTAL EXPENSES 1,124,034.