Civic Intelligence

Homestead Community Development Corporation

990 • Fiscal year 2016 • EIN 27-2012662

Nov 01, 2015 to Oct 31, 2016 • Filed on May 23, 2018

2149 Lauwiliwili St No 200Kapolei, HI 96707

(808) 596-8155

Siviq Scores

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

Liabilities / Assets

69th percentile

0.30x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.63x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

3.0%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

50th percentile

1.3%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

85th percentile

36%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,065,927

Up $13,858 (+1.3%) from 2015

Net Assets

Up

$741,078

Up $12,027 (+1.6%) from 2015

Liabilities

Up

$324,849

Up $1,831 (+0.6%) from 2015

Revenue

Up

$516,847

Up $136,392 (+36%) from 2015

Expenses

Up

$501,509

Up $68,763 (+16%) from 2015

Net Income

Up

$15,338

Up $67,629 (+129%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2015: $1,052,069Liabilities 2015: $323,018Net Assets 2015: $729,0512015Assets 2016: $1,065,927Liabilities 2016: $324,849Net Assets 2016: $741,0782016Assets 2017: $1,744,293Liabilities 2017: $231,046Net Assets 2017: $1,513,2472017Assets 2018: $1,750,789Liabilities 2018: $187,794Net Assets 2018: $1,562,9952018Assets 2019: $1,870,809Liabilities 2019: $439,636Net Assets 2019: $1,431,1732019Assets 2020: $2,314,831Liabilities 2020: $898,383Net Assets 2020: $1,416,4482020Assets 2022: $3,755,135Liabilities 2022: $1,422,701Net Assets 2022: $2,332,4342022Assets 2023: $4,324,358Liabilities 2023: $1,563,378Net Assets 2023: $2,760,9802023Assets 2024: $9,468,904Liabilities 2024: $6,185,340Net Assets 2024: $3,283,5642024

Highlighted filing

2016

Assets$1,065,927
Liabilities$324,849
Net Assets$741,078

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $380,455Expenses 2015: $432,746Net Income 2015: -$52,2912015Revenue 2016: $516,847Expenses 2016: $501,509Net Income 2016: $15,3382016Revenue 2017: $580,610Expenses 2017: $403,600Net Income 2017: $177,0102017Revenue 2018: $652,199Expenses 2018: $602,744Net Income 2018: $49,4552018Revenue 2019: $802,700Expenses 2019: $838,852Net Income 2019: -$36,1522019Revenue 2020: $1,186,499Expenses 2020: $1,201,224Net Income 2020: -$14,7252020Revenue 2022: $2,514,935Expenses 2022: $1,910,533Net Income 2022: $604,4022022Revenue 2023: $2,120,065Expenses 2023: $1,557,344Net Income 2023: $562,7212023Revenue 2024: $2,719,395Expenses 2024: $2,196,811Net Income 2024: $522,5842024

Highlighted filing

2016

Revenue$516,847
Expenses$501,509
Net Income$15,338
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
May 23, 2018
Return Version
2015v3.0
Gross Receipts
$592,869
Mission and Program Overview

Mission

To develop and facilitate the development of homestead projects and programs that promote economic development, homestead association capacity to own or operate community facilities and other projects located on the lands established under the hawaiian homes commission act.

To develop and facilitate the development of homestead projects and programs tht promote economic development, homestead association capacity to own or operate community facilities and other projects located on the lands established under the hawaiian homes commission act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$953,707$1,034,727▲ $81,020
Cash and Non-Interest-Bearing Accounts$7,773$11,518▲ $3,745
Prepaid Expenses and Deferred Charges$4,809$7,874▲ $3,065
Accounts Receivable$83,897$6,482▼ $77,415
Inventories for Sale or Use$1,883$5,326▲ $3,443
Total Assets$1,052,069$1,065,927▲ $13,858
Liabilities
Accounts Payable and Accrued Expenses$201,971$189,850▼ $12,121
Unsecured Notes Loans Payable$95,031$134,345▲ $39,314
Other Liabilities$26,016$654▼ $25,362
Total Liabilities$323,018$324,849▲ $1,831
Net Assets / Fund Balance
Unrestricted Net Assets$729,051$741,078▲ $12,027
Total Net Assets Fund Balance$729,051$741,078▲ $12,027
Total Liabilities and Net Assets / Fund Balance$1,052,069$1,065,927▲ $13,858

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$891,417$113,395$1,004,812
Leasehold Improvements$106,241$11,394$117,635
Equipment$30,426$9,757$40,183
Other Land Buildings$6,643$23,157$29,800
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kipukai KualiiPresident
Lorraine RapozoVice President
Liberta AlbaoDirector
Myrna BucasasDirector
Tano CastanedaDirector
Blossom FeiteiraSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,275
Program Service Revenue
$374,497
Investment Income
$0
Other Revenue
$123,075
All Other Contributions
$12,275
Change in Net Assets
$15,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$501,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$59,031--$59,031
Depreciation Depletion-$41,347-$41,347
Other Expenses$37,238--$37,238
Fees for Services Other$36,060--$36,060
Interest$13,669--$13,669
Fees for Services Legal-$10,000-$10,000
Insurance$4,823$3,315-$8,138
Travel$4,060--$4,060
Fees for Services Accounting-$2,259-$2,259
Advertising$823--$823
Total Functional Expenses$444,588$56,921$0$501,509
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 Beneficiary$450
Unearned Revenue$300
Refundable Deposit$150
Tips Collected$-246
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is not provided to the governing body before filing.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Homestead Community Development
EIN
27-2012662
Phone
8085968155
Address
2149 LAUWILIWILI ST NO 200, KAPOLEI, HI 96707

Signing Officer

Name
Kipukai Kualii
Title
President
Phone
8085968155
Signed
2018-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kipukai Kualii
Formed
2009
Legal Domicile
Hi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
James D Jennings CPA Inc
Address
615 PIIKOI ST SUITE 1507, HONOLULU, HI 96814
Preparer
James Jennings
Phone
8089428813
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Equipment rental & maintenance: program service expenses 21,623. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,623. Equipment under $5000: program service expenses 21,517. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,517. Bank fees: program service expenses 5,278. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,278. Telephone: program service expenses 3,563. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,563. Program expense: program service expenses 2,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,130. Books and subscriptions: program service expenses 1,942. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,942. Cash short/over: program service expenses 1,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,384. Printing and copying: program service expenses 951. Management and general expenses 0. Fundraising expenses 0. Total expenses 951. License: program service expenses 480. Management and general expenses 0. Fundraising expenses 0. Total expenses 480. Postage, mailing service: program service expenses 163. Management and general expenses 0. Fundraising expenses 0. Total expenses 163.

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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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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0303866
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0516847
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0372230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0275808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0431120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0236716
IRS990ScheduleA/Total509Grp/TotalAmt01832721
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0516847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0380030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0275808
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0431120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0236716
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01840521
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0891417
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0113395
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01004812
IRS990ScheduleD/EquipmentGrp/BookValueAmt030426
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09757
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040183
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106241
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011394
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117635
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06643
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023157
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TIPS COLLECTED
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LOAN BENEFICIARY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01034727
IRS990ScheduleD/TotalLiabilityAmt0654
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS NOT PROVIDED TO THE GOVERNING BODY BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT RENTAL & MAINTENANCE: PROGRAM SERVICE EXPENSES 21,623. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,623. EQUIPMENT UNDER $5000: PROGRAM SERVICE EXPENSES 21,517. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,517. BANK FEES: PROGRAM SERVICE EXPENSES 5,278. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,278. TELEPHONE: PROGRAM SERVICE EXPENSES 3,563. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,563. PROGRAM EXPENSE: PROGRAM SERVICE EXPENSES 2,130. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,130. BOOKS AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,942. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,942. CASH SHORT/OVER: PROGRAM SERVICE EXPENSES 1,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,384. PRINTING AND COPYING: PROGRAM SERVICE EXPENSES 951. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 951. LICENSE: PROGRAM SERVICE EXPENSES 480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 480. POSTAGE, MAILING SERVICE: PROGRAM SERVICE EXPENSES 163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 163.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01052069
IRS990/TotalAssetsEOYAmt01065927
IRS990/TotalAssetsGrp/BOYAmt01052069
IRS990/TotalAssetsGrp/EOYAmt01065927
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019275
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056921
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0444588
IRS990/TotalFunctionalExpensesGrp/TotalAmt0501509
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0323018
IRS990/TotalLiabilitiesEOYAmt0324849
IRS990/TotalLiabilitiesGrp/BOYAmt0323018
IRS990/TotalLiabilitiesGrp/EOYAmt0324849
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0729051
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0741078
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0444588
IRS990/TotalProgramServiceRevenueAmt0374497
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0497572
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0516847
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01052069
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01065927
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04060
IRS990/TravelGrp/TotalAmt04060
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0729051
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0741078
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt095031
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0134345
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02149 LAUWILIWILI ST NO 200
IRS990/USAddress/CityNm0KAPOLEI
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096707
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KIPUKAI KUALII
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08085968155
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOMESTEAD COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0272012662
ReturnHeader/Filer/PhoneNum08085968155
ReturnHeader/Filer/USAddress/AddressLine1Txt02149 LAUWILIWILI ST NO 200
ReturnHeader/Filer/USAddress/CityNm0KAPOLEI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096707
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431952338
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES D JENNINGS CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0615 PIIKOI ST SUITE 1507
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096814
ReturnHeader/PreparerPersonGrp/PhoneNum08089428813
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES JENNINGS
ReturnHeader/ReturnTs02018-11-15T15:11:58-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-11-01
ReturnHeader/TaxPeriodEndDt02016-10-31
ReturnHeader/TaxYr02015

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