Civic Intelligence

Waimanalo Village Residence Corp

EIN 99-0237455 • 501(c)3 • Honolulu, HI

Profile

Provides housing for low and moderate income families and individuals

C/O Hawaiiana 711 Kapiolani BlvdHonolulu, HI 96813

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

59th percentile

8.9%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

54th percentile

4.9%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.1%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,173,767

Up $55,278 (+4.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,173,767

Up $55,278 (+4.9%) from 2023

Revenue

Up

$619,476

Up $41,284 (+7.1%) from 2023

Expenses

Up

$564,198

Up $58,399 (+12%) from 2023

Net Income

Down

$55,278

Down $17,115 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,324,970Liabilities 2010: $1,088,544Net Assets 2010: $1,236,4262010Assets 2011: $2,419,853Liabilities 2011: $1,092,456Net Assets 2011: $1,327,3972011Assets 2012: $1,182,832Liabilities 2012: $753,698Net Assets 2012: $429,1342012Assets 2013: $1,214,285Liabilities 2013: $755,970Net Assets 2013: $458,3152013Assets 2014: $910,163Liabilities 2014: $0Net Assets 2014: $910,1632014Assets 2015: $852,845Liabilities 2015: $0Net Assets 2015: $852,8452015Assets 2016: $586,502Liabilities 2016: $0Net Assets 2016: $586,5022016Assets 2017: $621,080Liabilities 2017: $0Net Assets 2017: $621,0802017Assets 2018: $607,664Liabilities 2018: $0Net Assets 2018: $607,6642018Assets 2019: $717,854Liabilities 2019: $0Net Assets 2019: $717,8542019Assets 2020: $852,729Liabilities 2020: $0Net Assets 2020: $852,7292020Assets 2021: $1,026,302Liabilities 2021: $0Net Assets 2021: $1,026,3022021Assets 2022: $1,046,096Liabilities 2022: $0Net Assets 2022: $1,046,0962022Assets 2023: $1,118,489Liabilities 2023: $0Net Assets 2023: $1,118,4892023Assets 2024: $1,173,767Liabilities 2024: $0Net Assets 2024: $1,173,7672024

Highlighted filing

2024

Assets$1,173,767
Liabilities$0
Net Assets$1,173,767

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $423,280Expenses 2010: $412,769Net Income 2010: $10,5112010Revenue 2011: $454,058Expenses 2011: $363,087Net Income 2011: $90,9712011Revenue 2012: $453,618Expenses 2012: $467,348Net Income 2012: -$13,7302012Revenue 2013: $447,611Expenses 2013: $418,430Net Income 2013: $29,1812013Revenue 2014: $485,044Expenses 2014: $387,724Net Income 2014: $97,3202014Revenue 2015: $474,014Expenses 2015: $531,332Net Income 2015: -$57,3182015Revenue 2016: $460,943Expenses 2016: $727,286Net Income 2016: -$266,3432016Revenue 2017: $480,299Expenses 2017: $445,721Net Income 2017: $34,5782017Revenue 2018: $535,527Expenses 2018: $548,943Net Income 2018: -$13,4162018Revenue 2019: $498,858Expenses 2019: $388,668Net Income 2019: $110,1902019Revenue 2020: $543,190Expenses 2020: $408,315Net Income 2020: $134,8752020Revenue 2021: $541,128Expenses 2021: $367,555Net Income 2021: $173,5732021Revenue 2022: $515,557Expenses 2022: $495,063Net Income 2022: $20,4942022Revenue 2023: $578,192Expenses 2023: $505,799Net Income 2023: $72,3932023Revenue 2024: $619,476Expenses 2024: $564,198Net Income 2024: $55,2782024

Highlighted filing

2024

Revenue$619,476
Expenses$564,198
Net Income$55,278

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.62$0.56$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.58$0.51$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.52$0.50$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.54$0.37$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.54$0.41$0.13
2019Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$0.50$0.39$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.54$0.55$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.48$0.45$0.03
2016Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.46$0.73$0.27
2015Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$0.47$0.53$0.06
2014Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$0.49$0.39$0.10
2013Summary only. Only limited summary data is available for this year.$1.21$0.76$0.46$0.45$0.42$0.03
2012Summary only. Only limited summary data is available for this year.$1.18$0.75$0.43$0.45$0.47$0.01
2011Summary only. Only limited summary data is available for this year.$2.42$1.09$1.33$0.45$0.36$0.09
2010Summary only. Only limited summary data is available for this year.$2.32$1.09$1.24$0.42$0.41$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 9, 2025
Return Version
2024v5.2
Gross Receipts
$619,476
Mission and Program Overview

Mission

Provides housing for low and moderate income families and individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,118,489$1,173,767▲ $55,278
Total Assets$1,118,489$1,173,767▲ $55,278
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,118,489$1,173,767▲ $55,278
Total Net Assets Fund Balance$1,118,489$1,173,767▲ $55,278
Total Liabilities and Net Assets / Fund Balance$1,118,489$1,173,767▲ $55,278
Compensation and Service Providers

Board Members and Trustees

NameTitle
Whittington ShanePresident
Edralin AtaVice President
Allen LaraDirector
Bueno PeterDirector
Cadiente LisaDirector
Castillo RobertDirector
Rasay GeorgeDirector
Trueman MamoDirector
Correa DottieSecretary
Makainai MicheleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,784
Program Service Revenue
$484,545
Investment Income
$59,147
Other Revenue
$0
Change in Net Assets
$55,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$368,698
Salaries, Compensation, and Employee Benefits$195,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$148,764$0$0$148,764
Insurance$132,572$0$0$132,572
Fees for Services Management$0$51,497$0$51,497
Other Expenses$41,402$0$0$41,402
Other Employee Benefits$35,024$0$0$35,024
Office Expenses$34,290$0$0$34,290
Payroll Taxes$11,712$0$0$11,712
Fees for Services Legal$0$10,667$0$10,667
Fees for Services Accounting$0$3,560$0$3,560
Conferences and Meetings$1,360$0$0$1,360
Total Functional Expenses$498,474$65,724$0$564,198
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Waimanalo Village Residence Corp
EIN
99-0237455
Phone
8085936863
Address
C/O HAWAIIANA 711 KAPIOLANI BLVD, HONOLULU, HI 96813

Signing Officer

Name
Shane Whittington
Title
President
Phone
8085936863
Signed
2025-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Liu
Formed
1973
Legal Domicile
Hi
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Felice Valmas & Co LLCS
Address
401 Kamakee Street Suite 402, Honolulu, HI 96814
Preparer
Felice Valmas CPA
Phone
8085368000
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The organization retained a property management company to manage the low and moderate income rental project.

Pt VI, Line 12C

The organization conducts periodic review with the officers and directors regarding the conflict of interest policy

Pt VI, Line 19

The organizations governing documents and financial statements are available to the public upon request

Pt VI, Line 11B

Form 990 was reviewed by board of directors

Raw XML AppendixShowing 400 of 406 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt073458
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt093886
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02908
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt025759
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0153901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0484545
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RETAINED A PROPERTY MANAGEMENT COMPANY TO MANAGE THE LOW AND MODERATE INCOME RENTAL PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CONDUCTS PERIODIC REVIEW WITH THE OFFICERS AND DIRECTORS REGARDING THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 WAS REVIEWED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt059147
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0484545
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0619476
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt041-552 MOOLE ST
IRS990/USAddress/CityNm0WAIMANALO
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096795
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANE WHITTINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08085936863
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAIMANALO VILLAGE RESIDENCE CORP
ReturnHeader/Filer/BusinessNameControlTxt0WAIM
ReturnHeader/Filer/EIN0990237455
ReturnHeader/Filer/PhoneNum08085936863
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O HAWAIIANA 711 KAPIOLANI BLVD
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096813
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813435329
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Felice Valmas & Co LLCS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 Kamakee Street Suite 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Honolulu
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096814
ReturnHeader/PreparerPersonGrp/PhoneNum08085368000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-09

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