Civic Intelligence

Hawaii Nurses Association Office & Profe Ssional Employees Intl Union Local 50

990 • Fiscal year 2014 • EIN 99-0073517

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

949 Kapiolani Blvd 107Honolulu, HI 96814

(808) 531-1628

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.10x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

73rd percentile

0.10x

Higher debt load relative to revenue than 73% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

77th percentile

14%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

31st percentile

$45,773

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

85th percentile

21%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

77th percentile

11%

Faster revenue growth than 77% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,502,910

Up $429,039 (+21%) from 2013

Net Assets

Up

$2,244,660

Up $314,653 (+16%) from 2013

Liabilities

Up

$258,250

Up $114,386 (+80%) from 2013

Revenue

Up

$2,473,366

Up $247,607 (+11%) from 2013

Expenses

Up

$2,121,320

Up $62,726 (+3.0%) from 2013

Net Income

Up

$352,046

Up $184,881 (+111%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,762,739Liabilities 2010: $193,398Net Assets 2010: $1,569,3412010Assets 2011: $1,821,833Liabilities 2011: $128,384Net Assets 2011: $1,693,4492011Assets 2012: $1,940,880Liabilities 2012: $175,896Net Assets 2012: $1,764,9842012Assets 2013: $2,073,871Liabilities 2013: $143,864Net Assets 2013: $1,930,0072013Assets 2014: $2,502,910Liabilities 2014: $258,250Net Assets 2014: $2,244,6602014Assets 2015: $2,792,452Liabilities 2015: $251,052Net Assets 2015: $2,541,4002015Assets 2016: $2,848,223Liabilities 2016: $276,736Net Assets 2016: $2,571,4872016Assets 2017: $2,881,641Liabilities 2017: $260,777Net Assets 2017: $2,620,8642017Assets 2018: $2,960,541Liabilities 2018: $216,363Net Assets 2018: $2,744,1782018Assets 2019: $3,282,026Liabilities 2019: $229,866Net Assets 2019: $3,052,1602019Assets 2020: $3,515,284Liabilities 2020: $371,210Net Assets 2020: $3,144,0742020Assets 2021: $3,431,443Liabilities 2021: $390,505Net Assets 2021: $3,040,9382021Assets 2022: $3,893,660Liabilities 2022: $865,507Net Assets 2022: $3,028,1532022Assets 2023: $3,791,831Liabilities 2023: $397,447Net Assets 2023: $3,394,3842023Assets 2024: $3,885,663Liabilities 2024: $341,401Net Assets 2024: $3,544,2622024

Highlighted filing

2014

Assets$2,502,910
Liabilities$258,250
Net Assets$2,244,660

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,716,436Expenses 2010: $1,564,500Net Income 2010: $151,9362010Revenue 2011: $1,716,483Expenses 2011: $1,590,382Net Income 2011: $126,1012011Revenue 2012: $1,655,508Expenses 2012: $1,583,662Net Income 2012: $71,8462012Revenue 2013: $2,225,759Expenses 2013: $2,058,594Net Income 2013: $167,1652013Revenue 2014: $2,473,366Expenses 2014: $2,121,320Net Income 2014: $352,0462014Revenue 2015: $2,578,182Expenses 2015: $2,279,299Net Income 2015: $298,8832015Revenue 2016: $2,689,688Expenses 2016: $2,660,690Net Income 2016: $28,9982016Revenue 2017: $2,856,436Expenses 2017: $2,812,265Net Income 2017: $44,1712017Revenue 2018: $2,887,015Expenses 2018: $2,757,426Net Income 2018: $129,5892018Revenue 2019: $3,040,892Expenses 2019: $2,740,024Net Income 2019: $300,8682019Revenue 2020: $2,653,065Expenses 2020: $2,380,203Net Income 2020: $272,8622020Revenue 2021: $2,686,287Expenses 2021: $2,747,569Net Income 2021: -$61,2822021Revenue 2022: $2,662,200Expenses 2022: $2,665,890Net Income 2022: -$3,6902022Revenue 2023: $2,839,349Expenses 2023: $2,886,039Net Income 2023: -$46,6902023Revenue 2024: $3,710,698Expenses 2024: $3,563,271Net Income 2024: $147,4272024

Highlighted filing

2014

Revenue$2,473,366
Expenses$2,121,320
Net Income$352,046
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$2,665,265
Mission and Program Overview

Mission

The hawaii nurses association office and professional employees international union local 50 strives to stimulate and promote the professional and educational advancement of nurses and other health care professionals and advance their economic and general welfare; foster high standards of nursing; and promote continual improvement of health standards and availability of health care services for all people.

The hawaii nurses associaiton opeiu local 50 promotes the professional and educational advancement of nurses, economic and general welfare and projects a positive image of nurses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$730,327$2,162,897▲ $1,432,570
Accounts Receivable$149,414$186,651▲ $37,237
Investments in Publicly Traded Securities$143,550$0▼ $143,550
Savings and Temporary Cash Investments$987,369$123,454▼ $863,915
Prepaid Expenses and Deferred Charges$6,824$18,553▲ $11,729
Land, Buildings, and Equipment, Net$12,009$5,808▼ $6,201
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,035,040$2,502,910▲ $467,870
Other Assets Total$5,547$5,547→ $0
Liabilities
Accounts Payable and Accrued Expenses$110,031$222,444▲ $112,413
Other Liabilities$33,833$35,806▲ $1,973
Total Liabilities$143,864$258,250▲ $114,386
Net Assets / Fund Balance
Unrestricted Net Assets$1,854,972$2,205,895▲ $350,923
Temporarily Rstr Net Assets$36,204$38,765▲ $2,561
Total Net Assets Fund Balance$1,891,176$2,244,660▲ $353,484
Total Liabilities and Net Assets / Fund Balance$2,035,040$2,502,910▲ $467,870

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,808$140,152$145,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joan CraftPresidentPT$45,773$45,773
Elayne SchwartzTreasurer-$17,684$17,684
Wendy YoshikaTrustee-$907$907
Daryl HokoanaDirector-$728$728
Henrietta JonesDirector-$438$438
Peter FongDirector-$397$397

Board Members and Trustees

NameTitle
Chris BroussardVice President
Anna Giunta-togoDirector
Carolyn UeharaDirector
David LeeDirector
Debbie BourneDirector
Ella SiroskeyDirector
Jill TeruyaDirector
Joan KutzerDirector
Robin ChunDirector
Ronald GovinaDirector
Susan ChancoDirector
Kathryn ChungTrustee
Terilyn Carvalho LukeTrustee
Richard BaskinSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Gill Zukeran & SganLegal707 Richards St 100, Honolulu, HI 96813$301,266
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,461,115
Investment Income
$5,524
Other Revenue
$6,727
Change in Net Assets
$352,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,473,366
Revenue Not Reported on Form 990
$2,081
Total Revenue per Audited Statements
$2,475,447
Total Revenue per Form 990
$2,473,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,337,257
Salaries, Compensation, and Employee Benefits$784,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$587,829
Other Salaries and Wages---$566,556
Fees for Services Legal---$315,454
Other Employee Benefits---$92,003
Current Officers, Directors, Trustees, and Key Employees---$65,927
Occupancy---$61,692
Payroll Taxes---$58,907
Office Expenses---$46,158
Travel---$43,869
Information Technology---$39,652
Insurance---$32,099
Fees for Services Other---$30,244
Fees for Services Accounting---$24,000
All Other Expenses---$14,898
Other Expenses---$13,851
Depreciation Depletion---$7,443
Advertising---$6,189
Fees for Service Investment Mgmnt Fees---$5,330
Conferences and Meetings---$2,640
Pension Plan Contributions---$670
Total Functional Expenses$0$0$0$2,121,320

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,121,963
Expenses per Audited Statements$2,121,320
Total Expenses per Form 990$2,121,320
Expenses Not Reported on Form 990$643
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$35,806
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Part vi, section a, line 6 - members of the organization:the membership of the local shalll consist of the following classifications---------------------------------------------------------------------1. Active members - those employed within a collective bargaining unit represented by this local union; an employee or officer of the international union or one of its subordinates; an employee or officer of this local union or any council or other federation of local unions who has not retired from the position that made them eligible for active membership.2. Non-active members - those individuals who are former active members of this union, including anyone who has retired from the position which made them eligible to be an active member, who desires to maintain membership in this local union.3. Associate members - the local union may establish an associate membership classification which is consistent with any action concerning an associate membership classification by the executive board of the international union.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Part vi, section a, line 7a - power to elect governing body:the officers and members of the executive board shall be elected by the membership and shall hold office for a term of three (3) years.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Part vi, section a, line 7b - governance decisions reserved to members: no action of the membership shall be deemed valid or binding unless such action is taken by the membership at a regular or special meeting held pursuant to the provisions of this constitution and bylaws.

Form 990, Part VI, Line 11B: Form 990 Review Process

Part vi, section b, line 11b - review process of form 990:as the executive board's representative, the treasurer of hawaii nurses association reviews and discusses the form 990 with the preparer prior to its filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Part vi, section b, line 15a - compensation process for top official:the compensation of all other employees is determined by the president and submitted for approval by the executive board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Part vi, section c, line 19 - availability of governing documents and f/s:the financial statements are available to the public upon request at the local's office or by written request.

Filing and Contact Details

Filer

Filer Name
Hawaii Nurses Association Office & Profe
EIN
99-0073517
Phone
8085311628
Address
949 KAPIOLANI BLVD 107, HONOLULU, HI 96814

Signing Officer

Name
Marina Robinson
Title
Treasurer
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1917
Legal Domicile
Hi
Voting Board Members
20
Independent Board Members
18
Employees
12

Preparer

Firm
Duffy Kruspodin & Company LLP
Address
15910 Ventura Blvd Ste 800, Encino, CA 91436
Preparer
Maria Kazemi CPA
Phone
8183850585
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION

The hawaii nurses association office and professional employees international union local 50 strives to stimulate and promote the professional and educational advancement of nurses and other health care professionals and advance their economic and general welfare; forster high standards of nursing; and promote continual improvement of health standards and availability of health care services for all people.

Financial Statement Notes

Part X : FIN48 Footnote

No provision for income tax is provided since the Organization is a tax-exempt entity under IRC section 501(c)(5) and there is no unrelated business income that would be taxable. The Organization adopted the provisions of the Financial Accounting Standards Board Accounting Standards Codification (the FASB ASC) 740-10-25, Accounting for Uncertainty in Income Taxes. Under FASB ASC 740-10-25, an entity must recognize the tax benefit associated with a tax position taken for the tax return purposes when it is more likely than not that the position will be sustained. The implementation of FASB ASC 740-10-25 had no impact on the Organizations financial statements.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Loss on disposal of fixed assets $643

Part XII, Line 2D: Other expenses and losses per audited F/S

Loss on disposal of fixed assets $643

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.89$0.34$3.54$3.71$3.56$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.79$0.40$3.39$2.84$2.89$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$0.87$3.03$2.66$2.67$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.39$3.04$2.69$2.75$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.52$0.37$3.14$2.65$2.38$0.27
2019Detailed filing. Detailed filing data is available for this year.$3.28$0.23$3.05$3.04$2.74$0.30
2018Detailed filing. Detailed filing data is available for this year.$2.96$0.22$2.74$2.89$2.76$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.88$0.26$2.62$2.86$2.81$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.85$0.28$2.57$2.69$2.66$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.79$0.25$2.54$2.58$2.28$0.30
2014Detailed filing. Detailed filing data is available for this year.$2.50$0.26$2.24$2.47$2.12$0.35
2013Detailed filing. Detailed filing data is available for this year.$2.07$0.14$1.93$2.23$2.06$0.17
2012Summary only. Only limited summary data is available for this year.$1.94$0.18$1.76$1.66$1.58$0.07
2011Summary only. Only limited summary data is available for this year.$1.82$0.13$1.69$1.72$1.59$0.13
2010Summary only. Only limited summary data is available for this year.$1.76$0.19$1.57$1.72$1.56$0.15