Skip to content
Nonprofiteer
← HIIPAKA LLC

Form 990 for tax year 2024

Filed by HIIPAKA LLC.

Totals

Total revenue
$13,422,125
Total expenses
$10,453,437
Contributions and grants received
$826,981
Grants paid
$7,898
Program service revenue
$9,806,593
Investment income
$327,028
Other revenue
$2,461,523
Total assets, end of year
$33,060,995
Total liabilities, end of year
$847,499
Net assets or fund balances, end of year
$32,213,496
Program services expenses (Part IX)
$8,270,241
Management and general expenses
$2,088,164
Fundraising expenses
$95,032
Program service expenses (Part III)
$8,270,241

Program services were 79.1% 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)

    $763,128

  • 1f · All other contributions, gifts and grants

    $63,853

  • 2a · Program service revenue: Admissions and tours

    total $9,054,569 · related or exempt $9,054,569

  • 2b · Program service revenue: Shuttle Service and Other

    total $409,081 · related or exempt $409,081

  • 2c · Program service revenue: Othter income

    total $196,543 · related or exempt $196,543

  • 2d · Program service revenue: Parking

    total $113,453 · unrelated business $113,453

  • 2e · Program service revenue: Plant sales

    total $32,947 · unrelated business $32,947

  • 3 · Investment income

    total $326,255 · excluded $326,255

  • 6a · Gross rents

    real property $1,289,858

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,289,858

  • 6d · Net rental income or loss

    total $1,289,858 · related or exempt $1,026,473 · unrelated business $263,385

  • 7a · Gross sales of assets other than inventory

    securities $725,000

  • 7b · Less cost or other basis and sales expenses

    securities $724,227

  • 7c · Gain or loss

    securities $773

  • 7d · Net gain or loss

    total $773 · excluded $773

  • 10a · Gross sales of inventory

    $1,655,697

  • 10b · Cost of goods sold

    $484,032

  • 10c · Net income from sales of inventory

    total $1,171,665 · related or exempt $723,503 · unrelated business $448,162

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,898 · program services $7,898

  • 5 · Compensation of officers, directors and key employees

    total $243,700 · management and general $219,330 · fundraising $24,370

  • 7 · Other salaries and wages

    total $3,103,864 · program services $2,468,569 · management and general $635,295

  • 8 · Pension plan contributions

    total $64,612 · program services $53,057 · management and general $11,555

  • 9 · Other employee benefits

    total $668,446 · program services $504,000 · management and general $164,446

  • 10 · Payroll taxes

    total $275,477 · program services $203,354 · management and general $70,386 · fundraising $1,737

  • 11b · Fees: legal

    total $27,003 · management and general $27,003

  • 11c · Fees: accounting

    total $35,116 · management and general $35,116

  • 11g · Fees: other

    total $1,158,968 · program services $943,153 · management and general $146,890 · fundraising $68,925

  • 12 · Advertising and promotion

    total $277,078 · management and general $277,078

  • 13 · Office expenses

    total $393,056 · program services $261,729 · management and general $131,327

  • 14 · Information technology

    total $69,723 · program services $51,472 · management and general $18,251

  • 16 · Occupancy

    total $301,807 · program services $222,792 · management and general $79,015

  • 17 · Travel

    total $1,078 · program services $796 · management and general $282

  • 22 · Depreciation, depletion and amortization

    total $330,160 · program services $297,144 · management and general $33,016

  • 23 · Insurance

    total $471,780 · program services $424,602 · management and general $47,178

  • 24a · Other expenses: Income tax expense

    total $52,789 · management and general $52,789

  • 24b · Other expenses: Retail dept expenses

    total $1,576,761 · program services $1,576,761

  • 24c · Other expenses: Repair and maintenance

    total $475,655 · program services $475,655

  • 24d · Other expenses: Food and Honoraria

    total $405,486 · program services $382,245 · management and general $23,241

  • 24e · All other expenses

    total $512,980 · program services $397,014 · management and general $115,966

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,690,904 · end of year $3,004,215

  • 2 · Savings and temporary cash investments

    beginning of year $3,471,580 · end of year $2,157,914

  • 4 · Accounts receivable

    beginning of year $294,688 · end of year $823,865

  • 8 · Inventories for sale or use

    beginning of year $123,852 · end of year $132,139

  • 9 · Prepaid expenses and deferred charges

    beginning of year $145,072 · end of year $90,708

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

    $20,857,144

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

    $3,966,079

  • 10c · Land, buildings and equipment, net

    beginning of year $16,340,915 · end of year $16,891,065

  • 11 · Investments: publicly traded securities

    beginning of year $5,597,895 · end of year $9,794,543

  • 15 · Other assets

    beginning of year $389,895 · end of year $166,546

  • 17 · Accounts payable and accrued expenses

    beginning of year $418,998 · end of year $602,310

  • 19 · Deferred revenue

    beginning of year $90,296 · end of year $78,643

  • 25 · Other liabilities

    beginning of year $358,344 · end of year $166,546

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $29,187,163 · end of year $32,213,496

Mission and programs · 2024

Mission

The Company's mission is to preserve and perpetuate the human, cultural and natural resources of Waimea Valley, Oahu for future generations through education and stewardship.

Activities or mission (Part I)

See Schedule O for mission statement.The Company's purpose is to preserve and perpetuate the human, cultural and natural resources of Waimea Valley, Oahu for future generations through education and stewardship.

  • Managed Waimea Valley and the activities and events (hikes, education programs, tours, etc.) held at Waimea Valley.

    Expenses $8,270,241 · Grants $7,898 · Revenue $11,410,169

As filed on the 2024 return.

Listed in Part VII

  • Robert Leinau

    Manager

    Total calculated
    $0
    Hours/week
    1

  • Greg Piestch

    Manager

    Total calculated
    $0
    Hours/week
    1

  • Leilani Kahoano

    Manager

    Total calculated
    $0
    Hours/week
    1

  • Richard Pezzulo

    Executive Director

    Total calculated
    $243,700
    From this org
    $222,134
    From related orgs
    $0
    Other
    $21,566
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,134
    Bonus
    $0
    Other
    $0
    Deferred
    $7,262
    Nontaxable benefits
    $14,304
    Filer's total
    $243,700

  • Chad Middleton

    Director of Operations

    Total calculated
    $143,048
    From this org
    $127,939
    From related orgs
    $0
    Other
    $15,109
    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. 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

No itemized grants to organizations 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.

  • Hi'ilei Aloha LLC

    501(c)(3) · Inactive · HI

    Directly controlled by Office of Hawaiian Affairs

  • 501(c)(3)

  • 501(c)(3)

  • Office of Hawaiian Affairs

    Quasi-governmental o · Advocacy and programs for the benefit of Native Hawaiians · HI

Provenance

Return type
form_990
Tax year
2024
Filed
19 June 2025
IRS schema version
2024v5.1
Source object
202541709349300939

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.