Civic Intelligence

Hhoc Mortgage

990 • Fiscal year 2021 • EIN 27-1240023

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

1259 Aala Street 201Honolulu, HI 96817

(808) 523-9500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.17x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.50x

Higher debt load relative to revenue than 79% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

64th percentile

$87,039

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

87th percentile

53%

Faster asset growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

186%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,492,707

Up $1,549,580 (+53%) from 2020

Net Assets

Up

$3,721,185

Up $1,172,042 (+46%) from 2020

Liabilities

Up

$771,522

Up $377,538 (+96%) from 2020

Revenue

Up

$1,549,187

Up $1,006,808 (+186%) from 2020

Expenses

Down

$377,180

Down $34,965 (-8.5%) from 2020

Net Income

Up

$1,172,007

Up $1,041,773 (+800%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $395,252Liabilities 2010: $402,220Net Assets 2010: -$6,9682010Assets 2011: $629,414Liabilities 2011: $364,492Net Assets 2011: $264,9222011Assets 2012: $1,059,410Liabilities 2012: $379,647Net Assets 2012: $679,7632012Assets 2013: $1,032,917Liabilities 2013: $385,883Net Assets 2013: $647,0342013Assets 2014: $1,203,372Liabilities 2014: $553,066Net Assets 2014: $650,3062014Assets 2015: $1,259,809Liabilities 2015: $646,971Net Assets 2015: $612,8382015Assets 2016: $1,746,713Liabilities 2016: $729,862Net Assets 2016: $1,016,8512016Assets 2017: $1,997,151Liabilities 2017: $605,517Net Assets 2017: $1,391,6342017Assets 2018: $2,803,946Liabilities 2018: $564,607Net Assets 2018: $2,239,3392018Assets 2019: $2,855,409Liabilities 2019: $436,627Net Assets 2019: $2,418,7822019Assets 2020: $2,943,127Liabilities 2020: $393,984Net Assets 2020: $2,549,1432020Assets 2021: $4,492,707Liabilities 2021: $771,522Net Assets 2021: $3,721,1852021Assets 2022: $4,421,266Liabilities 2022: $742,937Net Assets 2022: $3,678,3292022Assets 2023: $5,142,270Liabilities 2023: $602,688Net Assets 2023: $4,539,5822023Assets 2024: $5,760,272Liabilities 2024: $570,581Net Assets 2024: $5,189,6912024

Highlighted filing

2021

Assets$4,492,707
Liabilities$771,522
Net Assets$3,721,185

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $7,082Expenses 2010: $14,050Net Income 2010: -$6,9682010Expenses 2011: $81,0582011Expenses 2012: $111,4842012Revenue 2013: $122,513Expenses 2013: $154,771Net Income 2013: -$32,2582013Revenue 2014: $187,129Expenses 2014: $184,361Net Income 2014: $2,7682014Revenue 2015: $236,357Expenses 2015: $273,569Net Income 2015: -$37,2122015Revenue 2016: $804,716Expenses 2016: $401,070Net Income 2016: $403,6462016Revenue 2017: $789,642Expenses 2017: $414,752Net Income 2017: $374,8902017Revenue 2018: $1,209,142Expenses 2018: $361,350Net Income 2018: $847,7922018Revenue 2019: $706,092Expenses 2019: $526,892Net Income 2019: $179,2002019Revenue 2020: $542,379Expenses 2020: $412,145Net Income 2020: $130,2342020Revenue 2021: $1,549,187Expenses 2021: $377,180Net Income 2021: $1,172,0072021Revenue 2022: $303,213Expenses 2022: $346,019Net Income 2022: -$42,8062022Revenue 2023: $1,102,798Expenses 2023: $241,575Net Income 2023: $861,2232023Revenue 2024: $886,048Expenses 2024: $235,957Net Income 2024: $650,0912024

Highlighted filing

2021

Revenue$1,549,187
Expenses$377,180
Net Income$1,172,007
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$1,550,938
Mission and Program Overview

Mission

To assist low to moderate income home buyers in hawaii with down payment assistance, financing and mortgage loans.

To assist low to moderate income home buyers in hawaii with down payment assistance, and affordable financing. Hhoc mortgage is dedicated to offering affordable mortgage loans to hawaii's homebuyers that are competitively priced. Hhoc mortgage primarily serves low and moderate income target markets and communities. Hhoc mortgage also provides financial support to hawaii homeownership center to enable continuance of its mission to provide prospective homebuyers with financial education and coaching.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,097,941$2,613,161▲ $1,515,220
Other Notes and Loans Receivable, Net$1,665,045$1,700,962▲ $35,917
Savings and Temporary Cash Investments$125,682$125,761▲ $79
Investments in Publicly Traded Securities$26,618$26,446▼ $172
Prepaid Expenses and Deferred Charges$12,644$14,150▲ $1,506
Pledges and Grants Receivable$10,964$9,764▼ $1,200
Land, Buildings, and Equipment, Net$3,722$2,463▼ $1,259
Accounts Receivable$511$0▼ $511
Total Assets$2,943,127$4,492,707▲ $1,549,580
Liabilities
Unsecured Notes Loans Payable$0$500,000▲ $500,000
Other Liabilities$366,391$249,551▼ $116,840
Accounts Payable and Accrued Expenses$27,593$21,971▼ $5,622
Total Liabilities$393,984$771,522▲ $377,538
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,410,988$2,371,816▲ $960,828
Net Assets Without Donor Restrictions$1,138,155$1,349,369▲ $211,214
Total Net Assets Fund Balance$2,549,143$3,721,185▲ $1,172,042
Total Liabilities and Net Assets / Fund Balance$2,943,127$4,492,707▲ $1,549,580

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,463$4,306$6,769
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Reina MiyamotoExecutive DirectorPT$87,039$87,039

Board Members and Trustees

NameTitle
Dawn Robinson-nayaPresident
Michael MillerVice President
Grant ChunDirector
Mark KimotoDirector
Robert ChowDirector
Tricia Fujikawa LeeDirector
Peter NagataTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,205,000
Program Service Revenue
$343,682
Investment Income
$505
Other Revenue
$0
All Other Contributions
$575,000
Change in Net Assets
$1,172,007

Audited Revenue Reconciliation

Revenue per Audited Statements
$458,209
Revenue Not Reported on Financial Statements
$1,090,978
Revenue Not Reported on Form 990
$35
Other Revenue Adjustments
$1,090,828
Total Revenue per Audited Statements
$458,244
Total Revenue per Form 990
$1,549,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$226,292
Other Expenses$150,888
Total Fundraising Expense$16,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$171,683$9,850$10,120$191,653
Office Expenses$89,915$4,971$3,807$98,693
Payroll Taxes$15,954$916$940$17,810
Other Employee Benefits$15,076$865$888$16,829
Occupancy$13,941$605$590$15,136
Insurance$12,748$554$540$13,842
Fees for Services Legal$9,611--$9,611
Interest$8,276--$8,276
Conferences and Meetings$3,896$13$13$3,922
Depreciation Depletion$1,159$50$49$1,258
Fees for Service Investment Mgmnt Fees-$150-$150
Total Functional Expenses$342,259$17,974$16,947$377,180

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$377,180
Expenses per Audited Statements$377,030
Total Expenses per Audited Statements$377,030
Expenses Not Reported on Financial Statements$150
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable to Hawaii Homeownership Center$249,551
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Grant chun and mark kimoto have a family relationship.

Form 990, Part VI, Section A, Line 6

Hawaii homeownership center is the sole member of hhoc mortgage.

Form 990, Part VI, Section A, Line 7A

As hhoc is the sole member, it does have the right to elect hhocm's board members if it so desires.

Form 990, Part VI, Section B, Line 11B

The form 990 was presented electronically to board members for review prior to filing. The executive director and board members discuss the form 990 at a live meeting or via conference call. Vote of affirmation is taken at that meeting or conference call.

Form 990, Part VI, Section B, Line 12C

The organization annually re-visits the conflict of interest policy and each director, officer, committee member, and employee signs an annual statement affirming that such persons: 1. Has received a copy of the code of conduct/conflict of interest policy; 2. Has read and understands the policy and that the policy applies to hhocm directors, officers, committee members, and employees; 3. Has agreed to comply with the policy; and 4. Understands that hhocm is a charitable organization and that in order to maintain hhocm's federal tax exemption, hhocm must engage primarily in activities which accomplish one or more of hhocm's tax-exempt purposes.

Form 990, Part VI, Section B, Line 15

The executive director is paid by hawaii homeownership center, a related organization. No compensation is provided by hhoc mortgage. The executive directors is responsible for determining the compensation of other employees.

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.

Filing and Contact Details

Filer

Filer Name
Hhoc Mortgage
EIN
27-1240023
Phone
8085239500
Address
1259 AALA STREET 201, HONOLULU, HI 96817

Signing Officer

Name
Reina Miyamoto
Title
Executive Director
Phone
8085239500
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reina Miyamoto
Formed
2009
Legal Domicile
Hi
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
7

Preparer

Firm
Cw Associates Cpas
Address
700 BISHOP STREET SUITE 1040, HONOLULU, HI 96813
Preparer
Melanie a King
Phone
8085311040
Supplemental Narrative

Financial Statement Notes

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, 2021 and 2020 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 4B - OTHER ADJUSTMENTS:

Change in net assets with donor restrictions 960,828. Loan forgiveness from hawaii homeownership center 130,000.

Raw XML AppendixShowing 400 of 503 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-93
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-93
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt035
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01138155
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01349369
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0590
IRS990/OccupancyGrp/ManagementAndGeneralAmt0605
IRS990/OccupancyGrp/ProgramServicesAmt013941
IRS990/OccupancyGrp/TotalAmt015136
IRS990/OfficeExpensesGrp/FundraisingAmt03807
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04971
IRS990/OfficeExpensesGrp/ProgramServicesAmt089915
IRS990/OfficeExpensesGrp/TotalAmt098693
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0888
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0865
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015076
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016829
IRS990/OtherLiabilitiesGrp/BOYAmt0366391
IRS990/OtherLiabilitiesGrp/EOYAmt0249551
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010120
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09850
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0171683
IRS990/OtherSalariesAndWagesGrp/TotalAmt0191653
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01665045
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01700962
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0940
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0916
IRS990/PayrollTaxesGrp/ProgramServicesAmt015954
IRS990/PayrollTaxesGrp/TotalAmt017810
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010964
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09764
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012644
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014150
IRS990/PrincipalOfficerNm0REINA MIYAMOTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522292
IRS990/ProgramServiceRevenueGrp/BusinessCd1522292
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTEREST AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0246794
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0290910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152772
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt044116
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0194708
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02361
IRS990/PYOtherExpensesAmt0144295
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0345310
IRS990/PYRevenuesLessExpensesAmt0130234
IRS990/PYSalariesCompEmpBnftPaidAmt0267850
IRS990/PYTotalExpensesAmt0412145
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0542379
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01172007
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0130000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0299566
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125682
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0125761
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BAD DEBT PROVISION CREDIT - 2018 AMOUNT: $ 10,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01205000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0194708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0407187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0743300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02700195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0494
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06714
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02080162
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt010000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78610
IRS990ScheduleA/PublicSupportPY170Pct00.95320
IRS990ScheduleA/PublicSupportTotal170Amt02180675
IRS990ScheduleA/SubstantialContributorsTotAmt0519520
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01205000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0194708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0407187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0743300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02700195
IRS990ScheduleA/TotalSupportAmt02774020
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt010233
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt046878
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt057111
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02463
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04306
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06769
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0150
IRS990ScheduleD/ExpensesSubtotalAmt0377030
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0150
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0150
IRS990ScheduleD/NetUnrealizedGainsInvstAmt035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0249551
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE TO HAWAII HOMEOWNERSHIP CENTER
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01090828
IRS990ScheduleD/RevenueNotReportedAmt035
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01090978
IRS990ScheduleD/RevenueSubtotalAmt0458209
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.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, 2021 AND 2020 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS 960,828. LOAN FORGIVENESS FROM HAWAII HOMEOWNERSHIP CENTER 130,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02463
IRS990ScheduleD/TotalExpensesPerForm990Amt0377180
IRS990ScheduleD/TotalLiabilityAmt0249551
IRS990ScheduleD/TotalRevenuePerForm990Amt01549187
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0458244
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377030
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANT CHUN AND MARK KIMOTO HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HAWAII HOMEOWNERSHIP CENTER IS THE SOLE MEMBER OF HHOC MORTGAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS HHOC IS THE SOLE MEMBER, IT DOES HAVE THE RIGHT TO ELECT HHOCM'S BOARD MEMBERS IF IT SO DESIRES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PRESENTED ELECTRONICALLY TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE EXECUTIVE DIRECTOR AND BOARD MEMBERS DISCUSS THE FORM 990 AT A LIVE MEETING OR VIA CONFERENCE CALL. VOTE OF AFFIRMATION IS TAKEN AT THAT MEETING OR CONFERENCE CALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ANNUALLY RE-VISITS THE CONFLICT OF INTEREST POLICY AND EACH DIRECTOR, OFFICER, COMMITTEE MEMBER, AND EMPLOYEE SIGNS AN ANNUAL STATEMENT AFFIRMING THAT SUCH PERSONS: 1. HAS RECEIVED A COPY OF THE CODE OF CONDUCT/CONFLICT OF INTEREST POLICY; 2. HAS READ AND UNDERSTANDS THE POLICY AND THAT THE POLICY APPLIES TO HHOCM DIRECTORS, OFFICERS, COMMITTEE MEMBERS, AND EMPLOYEES; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND 4. UNDERSTANDS THAT HHOCM IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN HHOCM'S FEDERAL TAX EXEMPTION, HHOCM MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF HHOCM'S TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR IS PAID BY HAWAII HOMEOWNERSHIP CENTER, A RELATED ORGANIZATION. NO COMPENSATION IS PROVIDED BY HHOC MORTGAGE. THE EXECUTIVE DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0HAWAII HOMEOWNERSHIP CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HAWAII HOMEOWNERSHIP CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HHOC HOUSING & LAND TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0680544935
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1811067169
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0HI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1HI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOMEOWNERSHIP EDUCATION AND COUNSELING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FINANCIAL ASSISTANCE FOR LOW/MODERATE INCOME HOME BUYERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01259 AALA ST STE 201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11259 AALA ST STE 201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HONOLULU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1HONOLULU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0HI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1HI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd096817
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd196817
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$0.57$5.19$0.89$0.24$0.65
2023Detailed filing. Detailed filing data is available for this year.$5.14$0.60$4.54$1.10$0.24$0.86
2022Detailed filing. Detailed filing data is available for this year.$4.42$0.74$3.68$0.30$0.35$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.49$0.77$3.72$1.55$0.38$1.17
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.39$2.55$0.54$0.41$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.86$0.44$2.42$0.71$0.53$0.18
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.56$2.24$1.21$0.36$0.85
2017Detailed filing. Detailed filing data is available for this year.$2.00$0.61$1.39$0.79$0.41$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.75$0.73$1.02$0.80$0.40$0.40
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.65$0.61$0.24$0.27$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.55$0.65$0.19$0.18$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.03$0.39$0.65$0.12$0.15$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.38$0.68$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.36$0.26$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.40$0.01$0.01$0.01$0.01