Form 990 for tax year 2024
Filed by MICRONESIAN ISLANDER COMMUNITY.
Totals
- Total revenue
- $1,835,350
- Total expenses
- $1,372,596
- Contributions and grants received
- $1,321,651
- Grants paid
- $296,452
- Program service revenue
- $501,651
- Investment income
- $12,048
- Other revenue
- $0
- Total assets, end of year
- $3,827,082
- Total liabilities, end of year
- $570,219
- Net assets or fund balances, end of year
- $3,256,863
- Program services expenses (Part IX)
- $1,113,096
- Management and general expenses
- $189,956
- Fundraising expenses
- $69,544
- Program service expenses (Part III)
- $1,113,096
Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$439,664
-
1f · All other contributions, gifts and grants
$881,987
-
1g · Noncash contributions included above
$1,040
-
2a · Program service revenue: COMMUNITY SERVICES
total $501,651 · related or exempt $501,651
-
3 · Investment income
total $12,048 · excluded $12,048
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $9,500 · program services $9,500
-
2 · Grants to domestic individuals
total $286,952 · program services $286,952
-
5 · Compensation of officers, directors and key employees
total $158,728 · program services $132,428 · management and general $15,541 · fundraising $10,759
-
7 · Other salaries and wages
total $342,122 · program services $229,045 · management and general $69,084 · fundraising $43,993
-
8 · Pension plan contributions
total $16,952 · program services $12,295 · management and general $2,830 · fundraising $1,827
-
9 · Other employee benefits
total $6,689 · program services $5,135 · management and general $1,040 · fundraising $514
-
10 · Payroll taxes
total $44,173 · program services $31,909 · management and general $7,466 · fundraising $4,798
-
11b · Fees: legal
total $8,808 · program services $5,195 · management and general $3,574 · fundraising $39
-
11c · Fees: accounting
total $27,544 · management and general $27,544
-
11g · Fees: other
total $171,041 · program services $127,400 · management and general $38,631 · fundraising $5,010
-
13 · Office expenses
total $7,318 · program services $6,946 · management and general $182 · fundraising $190
-
14 · Information technology
total $25,964 · program services $9,626 · management and general $16,124 · fundraising $214
-
16 · Occupancy
total $13,215 · program services $10,914 · management and general $1,710 · fundraising $591
-
17 · Travel
total $2,688 · program services $1,524 · management and general $1,164
-
19 · Conferences, conventions and meetings
total $113,926 · program services $113,349 · management and general $157 · fundraising $420
-
22 · Depreciation, depletion and amortization
total $9,063 · program services $5,211 · management and general $3,317 · fundraising $535
-
23 · Insurance
total $6,754 · program services $4,600 · management and general $1,592 · fundraising $562
-
24a · Other expenses: PROGRAM SUPPLIES
total $116,922 · program services $116,922
-
24b · Other expenses: OTHER EXPENSES
total $4,237 · program services $4,145 · fundraising $92
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $608,491 · end of year $373,616
-
2 · Savings and temporary cash investments
beginning of year $502,307 · end of year $912,536
-
3 · Pledges and grants receivable
end of year $879,158
-
4 · Accounts receivable
beginning of year $1,332,122 · end of year $256,584
-
9 · Prepaid expenses and deferred charges
beginning of year $5,035 · end of year $706
-
10a · Land, buildings and equipment: cost or other basis
$341,717
-
10b · Land, buildings and equipment: accumulated depreciation
$28,607
-
10c · Land, buildings and equipment, net
beginning of year $864,205 · end of year $313,110
-
13 · Investments: program-related
end of year $1,091,372
-
17 · Accounts payable and accrued expenses
beginning of year $56,799 · end of year $120,219
-
23 · Secured mortgages and notes payable
beginning of year $450,000 · end of year $450,000
-
27 · Net assets without donor restrictions
beginning of year $1,022,804 · end of year $2,291,108
-
28 · Net assets with donor restrictions
beginning of year $1,782,557 · end of year $965,755
Mission and programs · 2024
Mission
DEVELOP PROGRAMS AND LEADERSHIP THROUGH OUR DIVERSE COMMUNITIES
Activities or mission (Part I)
ORGANIZE SOCIAL PROGRAMS, PRESERVE OUR CULTURES, AND ENHANCE LEADERSHIP
-
FOCUSING ON FOUR CORE AREAS: HEALTH, HOUSING, EDUCATION, AND WORKFORCE DEVELOPMENT INCLUDING THE FOLLOWING:(1) HEALTH: WORKSHOPS, INCLUDING ENROLLING COFA CITIZENS INTO THE MEDICAID(2) EDUCATION: CREATED A LEADERSHIP PROGRAM ON EDUCATION, TRAINING, AND EXPOSURE TO LEADERSHIP DEVELOPMENT(3) HOUSING: RENTERS' RIGHTS WORKSHOPS AND IDENTIFYING HOUSING PROGRAMS TO SUPPORT COMMUNITY(4) WORKFORCE DEVELOPMENT INCLUDES TRAINING COMMUNITY HEALTH WORKERS, HEALTH CARE INTERPRETERS, AND ALCOHOL AND DRUG COUNSELORS
Expenses $1,113,096 · Grants $296,452 · Revenue $501,651
As filed on the 2024 return.
Listed in Part VII
-
Turcott CruzTURCOTT CRUZ
PRESIDENT
- Total calculated
- $14,100
- From this org
- $14,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Maratita-Lizama WinonaMARATITA-LIZAMA WINONA
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Borong MikeBORONG MIKE
BOARD OF DIRECTOR
- Total calculated
- $25,081
- From this org
- $24,475
- From related orgs
- $0
- Other
- $606
- Hours/week
- 8
-
Keener TasiKEENER TASI
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Raes IwalaniRAES IWALANI
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Leung JacquelineLEUNG JACQUELINE
EXECUTIVE DIRECTOR
- Total calculated
- $119,548
- From this org
- $115,300
- From related orgs
- $0
- Other
- $4,248
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
EVENT SPONSORSHIP
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
VOYAGERS VILLAGE MIC GP LLC
LOW INCOME HOUSING DEVELOPMENT · OR · assets $1,091,372
Directly controlled by MICRONESIAN ISLANDER COMMUNITY
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
VOYAGERS VILLAGE LIMITED PARTNERSHIP
RELATED · LOW INCOME HOUSING DEVELOPMENT · OR · 99% owned
Directly controlled by VOYAGERS VILLAGE MIC GP LLC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 26 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523309349300407
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