Skip to content
Nonprofiteer
← HAWAII COMMUNITY LENDING

Form 990 for tax year 2024

Filed by HAWAII COMMUNITY LENDING.

Totals

Total revenue
$24,430,239
Total expenses
$10,744,576
Contributions and grants received
$22,541,143
Grants paid
$3,332,949
Program service revenue
$1,113,383
Investment income
$742,085
Other revenue
$33,628
Total assets, end of year
$41,439,957
Total liabilities, end of year
$14,226,599
Net assets or fund balances, end of year
$27,213,358
Program services expenses (Part IX)
$8,247,626
Management and general expenses
$2,084,007
Fundraising expenses
$412,943
Program service expenses (Part III)
$8,247,626

Program services were 76.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $39,777

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $2,423,797

  • 1f · All other contributions, gifts and grants

    $20,077,569

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: LOAN INTEREST AND FEES

    total $1,113,383 · related or exempt $1,113,383 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $742,085 · related or exempt $0 · unrelated business $0 · excluded $742,085

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $39,777

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $33,628 · related or exempt $33,628 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $33,628

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $145,000 · program services $145,000

  • 2 · Grants to domestic individuals

    total $3,187,949 · program services $3,187,949

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $215,221 · program services $138,513 · management and general $75,481 · fundraising $1,227

  • 7 · Other salaries and wages

    total $2,644,904 · program services $1,872,987 · management and general $755,328 · fundraising $16,589

  • 8 · Pension plan contributions

    total $45,387 · program services $21,719 · management and general $22,907 · fundraising $761

  • 9 · Other employee benefits

    total $252,611 · program services $175,071 · management and general $76,679 · fundraising $861

  • 10 · Payroll taxes

    total $489,097 · program services $314,775 · management and general $171,534 · fundraising $2,788

  • 11b · Fees: legal

    total $103,204 · program services $1,414 · management and general $101,790

  • 11c · Fees: accounting

    total $95,301 · program services $10,067 · management and general $85,234

  • 11g · Fees: other

    total $2,494,755 · program services $1,694,720 · management and general $465,970 · fundraising $334,065

  • 12 · Advertising and promotion

    total $42,228 · program services $28,096 · management and general $14,132

  • 13 · Office expenses

    total $172,904 · program services $60,596 · management and general $80,580 · fundraising $31,728

  • 14 · Information technology

    total $14,037 · program services $11,491 · management and general $2,546

  • 17 · Travel

    total $275,728 · program services $114,001 · management and general $140,206 · fundraising $21,521

  • 19 · Conferences, conventions and meetings

    total $66,043 · program services $60,022 · management and general $2,618 · fundraising $3,403

  • 20 · Interest

    total $287,285 · program services $287,285

  • 22 · Depreciation, depletion and amortization

    total $11,929 · management and general $11,929

  • 23 · Insurance

    total $10,220 · management and general $10,220

  • 24a · Other expenses: OTHER - LOAN INTEREST EXPENSE

    total $76,903 · program services $76,903 · management and general $0 · fundraising $0

  • 24b · Other expenses: SUBSCRIPTIONS AND MEMBERSHIP DUES

    total $65,184 · program services $12,225 · management and general $52,959 · fundraising $0

  • 24c · Other expenses: STAFF AND VOLUNTEER TRAINING

    total $36,789 · program services $22,895 · management and general $13,894 · fundraising $0

  • 24d · Other expenses: INTERCOMPANY EXPENSES

    total $11,897 · program services $11,897 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,569,210 · end of year $597,193

  • 2 · Savings and temporary cash investments

    beginning of year $6,468,760 · end of year $24,807,768

  • 3 · Pledges and grants receivable

    beginning of year $6,946,920 · end of year $3,292,350

  • 4 · Accounts receivable

    beginning of year $201,567 · end of year $63,798

  • 7 · Other notes and loans receivable

    beginning of year $8,535,212 · end of year $10,228,537

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,918 · end of year $44,391

  • 10a · Land, buildings and equipment: cost or other basis

    $73,796

  • 10b · Land, buildings and equipment: accumulated depreciation

    $21,563

  • 10c · Land, buildings and equipment, net

    beginning of year $38,857 · end of year $52,233

  • 15 · Other assets

    beginning of year $1,639,739 · end of year $2,353,687

  • 17 · Accounts payable and accrued expenses

    beginning of year $684,068 · end of year $601,563

  • 19 · Deferred revenue

    beginning of year $77,756 · end of year $219,193

  • 24 · Unsecured notes and loans payable

    beginning of year $11,129,664 · end of year $13,405,843

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,569,782 · end of year $11,645,922

  • 28 · Net assets with donor restrictions

    beginning of year $11,957,913 · end of year $15,567,436

Mission and programs · 2024

Mission

HAWAII COMMUNITY LENDING INCREASES ACCESS TO CREDIT AND CAPITAL FOR THE ECONOMIC SELF-SUFFICIENCY OF HAWAII RESIDENTS WITH A PARTICULAR FOCUS ON NATIVE HAWAIIANS.

  • EMERGENCY GRANTS - TO PROVIDE EMERGENCY GRANTS TO HOUSEHOLDS IN FINANCIAL HARDSHIP.

    Expenses $3,809,849 · Grants $512,825

  • DPL PROGRAM - TO PROVIDE DEFERRED-PAYMENT LOANS TO ELIGIBLE HOMEBUYERS TO ASSIST WITH DOWN PAYMENT, CLOSING COSTS, AND OTHER HOME PURCHASE FINANCING NEEDS.

    Expenses $1,662,423 · Grants $1,650,000 · Revenue $18,000

  • AFFORDABLE HOUSING FUND- HAWAII COMMUNITY LENDING 47-3100005 TO PROVIDE COMMUNITY LENDING SERVICES TO INCLUDE ORIGINATION AND SERVICING OF CONSUMER, HOUSING, AND SMALL BUSINESS LOANS.

    Expenses $1,537,647 · Grants $427,899 · Revenue $33,035

  • OTHER - EMERGENCY LOANS AND GENERAL PROGRAM

    Expenses $1,237,707 · Grants $742,225 · Revenue $1,062,348

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Gilbreath

    EXECUTIVE DIRECTOR

    Total calculated
    $167,668
    From this org
    $160,731
    From related orgs
    $0
    Other
    $6,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,731
    Bonus
    $0
    Other
    $6,937
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $167,668

  • Janer Haarell Patrick C

    FINANCE DIRECTOR

    Total calculated
    $131,049
    From this org
    $124,710
    From related orgs
    $0
    Other
    $6,339
    Hours/week
    40

  • Mahoe Thoene Kahaunani K

    SERVICING DIRECTOR

    Total calculated
    $117,490
    From this org
    $110,553
    From related orgs
    $0
    Other
    $6,937
    Hours/week
    40

  • Kui Meyer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Noelle Kai

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Thomas Atou

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Billy Pieper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sunshine Topping

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
25 August 2026
IRS schema version
2024v5.0
Source object
202612379349301246

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.