Hale Makua Health Services

“Form 990, part vi, section a, lines 3, 6, 7a effective january 1, 2020, hale makua health services (hmhs) converted from a community non-profit corporation to a single member non-profit corporation with ohana pacific foundation (opf) its sole member. Hmhs is governed by a ten-member board of directors with nine members being residents of maui who are appointed by an independent advisory board and opf appointing two members, including the chairman of the board. Effective january 1, 2020, hmhs entered into a definitive agreement and a management contract with ohana pacific management company (opmc). Hmhs expects to benefit from opmc's experience in managing multiple nursing homes across the state of hawaii. The hmhs board of directors has oversight and responsibility over the management contract to ensure that ompc is appropriately managing the operations of hmhs. Mr. Richard kishaba is an owner of opmc, the chairman of opf, and a member of the board of directors for hmhs.”

“Same explanation as form 990, part vi, section a, lines 3”

“Same explanation as form 990, part vi, section a, lines 3”

“Organization's process to review form 990 the form 990 is compiled by organization's tax consultant. Prior to submission of the electronic form 990, a hard copy version of the return is provided to the chief executive officer, the chief financial officer, and the board of directors for their review.”

“The organization requires that officers, directors, and key employees complete the conflict of interest disclosure form on an annual basis. Forms are reviewed and maintained by the development assistant.”

“Hale makua health services has established and maintains a compensation program, which ensures each executive's pay will be externally competitive, internally equitable, and fairly administered. It is the company's policy to pay executives at or above the rates paid by comparable healthcare institutions. Compensation for the following positions is determined in accordance with the company's formal, written executive compensation program (ecp): chief human resources officer/compliance officer, director of home health by hale makua, administrator-kahului, and administrator-wailuku. The executive compensation program is administered by the executive compensation committee (ecc). The ecc is composed of four board directors, including the board chair. In accordance with the ecp, salary ranges for all executive positions are determined by a third party consulting firm. Salary ranges target base salaries at the median of a national peer group on non-for-profit healthcare organizations comparable in size and complexity to the company. The executive salary ranges were last updated by the independent consultants and approved by the board, effective january 1, 2008. In accordance with the ecp, the ceo determines, within the established ranges, the annual salary of all other executives listed above. These determinations are reviewed by both the ecc and the board.”

“Governing documents disclosure explanation: no documents available to the public.”

“Agency labor: program service expenses 6,044,117. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,044,117. Medical director: program service expenses 138,015. Management and general expenses 0. Fundraising expenses 0. Total expenses 138,015. Other contracted services: program service expenses 362,689. Management and general expenses 203,995. Fundraising expenses 203,130. Total expenses 769,814. Other consultant: program service expenses 837,866. Management and general expenses 89,271. Fundraising expenses 28,654. Total expenses 955,791. Pharmacy: program service expenses 709,688. Management and general expenses 0. Fundraising expenses 0. Total expenses 709,688. Rehab therapy: program service expenses 1,735,085. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,735,085. Outside services: program service expenses 1,189,603. Management and general expenses 147,532. Fundraising expenses 16,056. Total expenses 1,353,191.”

“Transfer of assets from subsidiaries due to dissolution 5,079,031. Actuarial (gain) loss 1,294,497.”

“Hale makua health services (hmhs) is the sole stockholder of caregivers maui, inc. (caregivers), a taxable corporation, formerly known as hmhs corp. And sole member of hale makua foundation (hmf), a not-for-profit organization. During 2024, caregivers began the process of formal dissolution. The legal dissolution for caregivers was finalized in 2025. During 2024, hmf began the process of formal dissolution, with intent to fully dissolve the entity and transfer all of its net assets to hmhs. On august 14, 2024, the board approved a resolution to transfer substantially all hmf assets to hmhs. As of december 31, 2024, hmf had completed the transfer of substantially all assets to hmhs, including its investment portfolio and cash funds. However, the formal dissolution of the entity has not yet been completed but expects to be completed in 2025.”

“Effective december 31, 2023, the organization terminated its two noncontributory defined benefit retirement plans. All vested benefits were settled with participants as of september 30, 2024, through lump-sum distributions or the purchase of annuity contracts, and all plan assets were liquidated.”