Civic Intelligence

Hawaii Island Energy Cooperative

EIN 47-3223910 • 501(c)12 • Hilo, HI

990-N Coverage

Profile

To explore and promote the potential of a member-owned electric utility for hawaii island.

PO Box 1675Hilo, HI 96721

www.hiec.coop

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)12 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)12 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-148875%

Higher net margin than 1% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)12 • <$500k nonprofits • Source year 2017

Asset Growth

21st percentile

-16%

Faster asset growth than 21% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$32,416

Down $5,955 (-16%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$32,416

Down $5,955 (-16%) from 2016

Operations
Liabilities / Revenue37th percentileNet Margin1st percentile

Revenue

Down

$4

Down $52,628 (-100%) from 2016

Expenses

Down

$5,959

Down $110,000 (-95%) from 2016

Net Income

Up

-$5,955

Up $57,372 (+91%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $101,699Liabilities 2015: $0Net Assets 2015: $101,6992015Assets 2016: $38,371Liabilities 2016: $0Net Assets 2016: $38,3712016Assets 2017: $32,416Liabilities 2017: $0Net Assets 2017: $32,4162017

Highlighted filing

2017

Assets$32,416
Liabilities$0
Net Assets$32,416
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $296,023Expenses 2015: $194,324Net Income 2015: $101,6992015Revenue 2016: $52,632Expenses 2016: $115,959Net Income 2016: -$63,3272016Revenue 2017: $4Expenses 2017: $5,959Net Income 2017: -$5,9552017

Highlighted filing

2017

Revenue$4
Expenses$5,959
Net Income-$5,955
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,416
Liabilities
$0
Net assets
$32,416
Revenue
$4
Expenses
$5,959
Net income
-$5,955
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.00$0.06$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.53$1.16$0.63
2015Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$2.96$1.94$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 29, 2018
Return Version
2017v2.3
Gross Receipts
$4
Mission and Program Overview

Mission

To explore and promote the potential of a member-owned electric utility for hawaii island.

Program Services

DescriptionGrantsExpenses
HAWAII ISLAND ENERGY COOPERATIVE (HIEC), A HAWAII-REGISTERED 421C NON-PROFIT COOPERATIVE ASSOCIATION AND 501(C)(12) NON-PROFIT, WAS ESTABLISHED TO PURSUE THE CONVERSION OF HAWAII ELECTRIC LIGHT COMPANY INTO A COOPERATIVE. FORMED BY COMMUNITY AND BUSINESS LEADERS ON HAWAII ISLAND TO EXPLORE THE POTENTIAL MERITS OF A COMMUNITY-BASED, COOPERATIVE OWNERSHIP STRUCTURE FOR ELECTRIC UTILITY SERVICES ON THE BIG ISLAND, HIEC IS ALSO EXPLORING HOW OTHER ENERGY SECTORS, SUCH AS TRANSPORTATION, CAN BE TRANSFORMED TO BE MORE SUSTAINABLE AND ENVIRONMENTALLY-FRIENDLY. ABOVE ALL, HIEC IS FOCUSED ON LOWERING THE COST OF ELECTRICITY TO THE ISLAND'S CONSUMERS AND FOSTERING THE MORE RAPID IMPLEMENTATION OF COST-EFFECTIVE RENEWABLE ENERGIES.$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD HAPresident/Director-$0--
GERALD DEMELLOVice President/Director-$0--
WALLACE ISHIBASHIVice President/Director-$0--
MARCO MANGELSDORFSecretary/Director-$0--
NOE KALIPIDirector-$0--
MICHELLE GALIMBADirector-$0--
Filing and Contact Details

Filer

Filer Name
Hawaii Island Energy Cooperative
EIN
47-3223910
Phone
8086287344
Address
PO BOX 1675, HILO, HI 96721

Signing Officer

Name
Marco Mangelsdorf
Title
Secretary
Phone
8086287344
Signed
2018-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Taketa Iwata Hara & Associates LLC
Address
101 AUPUNI STREET SUITE 139, HILO, HI 96720
Preparer
Brian M Iwata
Phone
8089355404
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income. Amount: 4.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: meetings. Amount: 825.”

Raw XML Appendix129 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MARCO MANGELSDORF
IRS990EZ/BooksInCareOfDetail/PhoneNum08089693281
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt069 RAILROAD AVENUE A-7
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HILO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0HI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd096720
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038371
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032416
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5955
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03249
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt038371
IRS990EZ/Form990TotalAssetsGrp/EOYAmt032416
IRS990EZ/GrossReceiptsAmt04
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038371
IRS990EZ/NetAssetsOrFundBalancesEOYAmt032416
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038371
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt032416
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD HA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GERALD DEMELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WALLACE ISHIBASHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARCO MANGELSDORF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NOE KALIPI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHELLE GALIMBA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0825
IRS990EZ/OtherRevenueTotalAmt04
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EXPLORE AND PROMOTE THE POTENTIAL OF A MEMBER-OWNED ELECTRIC UTILITY FOR HAWAII ISLAND.
IRS990EZ/PrintingPublicationsPostageAmt01885
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HAWAII ISLAND ENERGY COOPERATIVE (HIEC), A HAWAII-REGISTERED 421C NON-PROFIT COOPERATIVE ASSOCIATION AND 501(C)(12) NON-PROFIT, WAS ESTABLISHED TO PURSUE THE CONVERSION OF HAWAII ELECTRIC LIGHT COMPANY INTO A COOPERATIVE. FORMED BY COMMUNITY AND BUSINESS LEADERS ON HAWAII ISLAND TO EXPLORE THE POTENTIAL MERITS OF A COMMUNITY-BASED, COOPERATIVE OWNERSHIP STRUCTURE FOR ELECTRIC UTILITY SERVICES ON THE BIG ISLAND, HIEC IS ALSO EXPLORING HOW OTHER ENERGY SECTORS, SUCH AS TRANSPORTATION, CAN BE TRANSFORMED TO BE MORE SUSTAINABLE AND ENVIRONMENTALLY-FRIENDLY. ABOVE ALL, HIEC IS FOCUSED ON LOWERING THE COST OF ELECTRICITY TO THE ISLAND'S CONSUMERS AND FOSTERING THE MORE RAPID IMPLEMENTATION OF COST-EFFECTIVE RENEWABLE ENERGIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt05959
IRS990EZ/TotalRevenueAmt04
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HIEC.COOP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MEETINGS. AMOUNT: 825.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARCO MANGELSDORF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08086287344
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAWAII ISLAND ENERGY COOPERATIVE
ReturnHeader/Filer/BusinessNameControlTxt0HAWA
ReturnHeader/Filer/EIN0473223910
ReturnHeader/Filer/PhoneNum08086287344
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1675
ReturnHeader/Filer/USAddress/CityNm0HILO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096721
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId041BE7612005129F15A77A526EADE2FA304FE4F97
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FA6914B6CB02A97D6AE55F3D5F2ADB1A2E2631D7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.91.146.226
ReturnHeader/FilingSecurityInformation/IPDt02018-10-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0HS
ReturnHeader/FilingSecurityInformation/IPTm010:40:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593783195
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAKETA IWATA HARA & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 AUPUNI STREET SUITE 139
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096720
ReturnHeader/PreparerPersonGrp/PhoneNum08089355404
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN M IWATA
ReturnHeader/ReturnTs02018-11-07T13:19:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.