Skip to content
Nonprofiteer
← HAWAII CARPENTERS HEALTH & WELFARE TRUST FUND

Form 990 for tax year 2023

Filed by HAWAII CARPENTERS HEALTH & WELFARE TRUST FUND.

Totals

Total revenue
$75,836,724
Total expenses
$48,718,062
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$52,763,393
Investment income
$23,073,331
Other revenue
$0
Total assets, end of year
$395,372,324
Total liabilities, end of year
$1,177,195
Net assets or fund balances, end of year
$394,195,129
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: Employer Contributions

    total $51,784,476 · related or exempt $51,784,476

  • 2b · Program service revenue: Participant Contributions

    total $978,917 · related or exempt $978,917

  • 3 · Investment income

    total $12,919,830 · unrelated business $12,919,830

  • 7a · Gross sales of assets other than inventory

    securities $10,153,501

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

    securities $0

  • 7c · Gain or loss

    securities $10,153,501

  • 7d · Net gain or loss

    total $10,153,501 · unrelated business $10,153,501

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $45,419,170

  • 11a · Fees: management

    total $770,791

  • 11b · Fees: legal

    total $50,985

  • 11c · Fees: accounting

    total $89,081

  • 11f · Fees: investment management

    total $689,671

  • 11g · Fees: other

    total $1,420,186

  • 13 · Office expenses

    total $177,352

  • 14 · Information technology

    total $32,899

  • 19 · Conferences, conventions and meetings

    total $7,498

  • 23 · Insurance

    total $40,204

  • 24a · Other expenses: Patient Care Outcome Re

    total $16,782

  • 24e · All other expenses

    total $3,443

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $670,178 · end of year $425,584

  • 2 · Savings and temporary cash investments

    beginning of year $20,213,260 · end of year $27,994,377

  • 4 · Accounts receivable

    beginning of year $1,431,162 · end of year $6,008,298

  • 11 · Investments: publicly traded securities

    beginning of year $300,038,553 · end of year $360,060,970

  • 15 · Other assets

    beginning of year $0 · end of year $883,095

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,053 · end of year $193,024

  • 24 · Unsecured notes and loans payable

    beginning of year $1,250,000 · end of year $887,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $97,171

  • 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 $321,068,100 · end of year $394,195,129

Mission and programs · 2023

Mission

To operate health and welfare employee benefit plans.

  • Medical, dental, life insurance and other health & welfare benefits were provided to approximately 4,421 eligible participants under two employee benefit plans.

As filed on the 2023 return.

Listed in Part VII

  • Eric Hashizume

    Co-Chair

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Travis Murakami

    Co-Chair

    Total calculated
    $181,864
    From this org
    $0
    From related orgs
    $139,064
    Other
    $42,800
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,064 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $181,865 related
  • Dione Kalaola

    Secretary

    Total calculated
    $181,864
    From this org
    $0
    From related orgs
    $139,064
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,064 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $181,865 related
  • Kyle Chock Until 22024

    Trustee

    Total calculated
    $314,800
    From this org
    $0
    From related orgs
    $272,000
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $272,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $314,801 related
  • Nathaniel Kinney

    Trustee

    Total calculated
    $181,864
    From this org
    $0
    From related orgs
    $139,064
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,064 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $181,865 related
  • Juan Padasao Jr

    Trustee

    Total calculated
    $181,864
    From this org
    $0
    From related orgs
    $139,064
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,064 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $181,865 related
  • Erik Nakamura

    Trustee Alternate

    Total calculated
    $0
    Hours/week
    0.1 + 40 related
  • Conrad C Verdugo Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Blake Inouye

    Trustee

    Total calculated
    $0
    Hours/week
    0.1 + 40 related
  • Glen Kaneshige

    Trustee

    Total calculated
    $0
    Hours/week
    0.1 + 40 related
  • Michael Young

    Trustee

    Total calculated
    $0
    Hours/week
    0.1 + 40 related
  • Ronald Taketa

    Trustee

    Total calculated
    $401,960
    From this org
    $0
    From related orgs
    $359,160
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $359,160 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $401,961 related
  • Hunter Hill As of 82024

    Trustee Alternate

    Total calculated
    $0
    Hours/week
    0.1 + 40 related
  • Eric Reiny As of 22024

    Trustee Alternate

    Total calculated
    $163,040
    From this org
    $0
    From related orgs
    $120,240
    Other
    $42,800
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $120,240 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,774 related
    Nontaxable benefits
    $0 + $18,027 related
    Filer's total
    $0 + $163,041 related

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

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • 808 Gates & Doors LLC

  • Alaula Builders LLC

  • Ali'i Builders LLC

  • Aloha Gypsum Floors LLC

  • Apex Truss LLC

  • Armstrong Pacific LLC

  • Beachside Roofing LLC

  • Channel Construction LLC

  • Closet Systems Supply LLC

  • CML Specialties LLC

  • Elevated Construction LLC

  • Enable Energy Labs LLC

  • Firetek Pacific LLC

  • First Pacific Builders LLC

  • Fujinaga Contracting LLC

  • Gentry Builders LLC

  • Goodfellow Brothers LLC

  • Grace Pacific LLC

  • Haloa Construction LLC

  • Hamasaki Construction LLC

  • Honolulu Builders LLC

  • ISE LLC

  • Islands Creations Construction LLC

  • J&J Drywall & Plastering LLC

  • JBA Construction LLC

  • JSC Construction LLC

  • Kauhale Contracting LLC

  • KCK Builders LLC

  • Kenwood Construction LLC

  • Kore Construction LLC

  • Lanai Resorts LLC

  • Lincoln Builders LLC

  • M2K Construction LLC

  • Modern Flooring LLC

  • Noho'Ana Builders LLC

  • Norpac Walls & Ceiling LLC

  • Oahu Garage Door LLC

  • Paradigm Construction LLC

  • Paul's Electrical Contracting LLC

  • Pavimento Hawaii LLC

  • Prism Acoustical & Drywall LLC

  • Protech Roofing LLC

  • R&L Ohana LLC

  • Solid Surface Works LLC

  • Sonny's Wall Services LLC

  • Stanley Access Technologies LLC

  • Strongenterprises LLC

  • Tops Field Services LLC

  • Viking Advanced Finishes LLC

  • Wave Builders LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • 808 Consulting and Construction

  • Absher Construction Co

  • Akamai Builders Inc

  • Alan S Hinahara Construction Inc

  • Alan Shintani Inc

  • Albert C Kobayashi Inc

  • Alcal Specialty Contr

  • All Site Construction

  • Allied Builders System

  • Allied Construction Inc

  • APB Construction Corp

  • Arisumi Brothers Inc

  • Artistic Builders

  • ATR Technologies Inc

  • Auli'i Construction

  • BEK Inc

  • Best Vinyl Fence & Deck

  • Blazy Construction Inc

  • Brand-Safway

  • Brett Hill Construction

  • Brian's Contracting Inc

  • Bruce Matson Company Inc

  • CT Carpentry

  • CJ Peterson Services Inc

  • Caffey Inc

  • Carpenters Union Local 745

  • CD Builders Inc

  • CDT Island Construction

  • Central Construction Inc

  • Choice Construction Inc

  • Clear Choice Builders Inc

  • Close Construction Inc

  • Coastal Construction Co

  • Commercial Shelving Inc

  • Constructors Hawaii Inc

  • Cornair Remodeling Inc

  • Country Builders Inc

  • D&D Construction Inc

  • DA Builders Inc

  • DHO Joint Venture

  • Doug's Acoustical and Drywall Interiors Inc

  • Dura Constructors Inc

  • DYK Incorporated

  • EMA Construction

  • Eagle Interiors Inc

  • East & West Alum Craft

  • Edwards & Sands Construction Co Inc

  • Electrical Contractors

  • Every Door Service

  • F&H Construction Inc

  • Five Star Airport Alliance

  • Floor Technologies of HI

  • Foundations Hawaii Inc

  • Frank Coluccio Constr Co

  • FV Coluccio Construction Company Inc

  • Gateside Inc

  • Gill Construction Inc

  • Goodnight's Corp dba Construct Drywal Systems

  • Goto Construction Inc

  • Group Builders Inc

  • Guy's Superior Interiors

  • HAAS Insulation Inc

  • Hawaii Carpenter Services

  • Hawaii Layout Construction Inc

  • Hawaii Masonry & Development Corp

  • Hawaii Millworks

  • Hawaiian Dredging Construction Company

  • Hawaiian Isles Interiors

  • Hawaiian Islands Forwarders

  • Healy Tibbitts Builders

  • HEEIA Construction Co

  • Hensel Phelps Construction Co

  • ICS (International Convention Services)

  • IIDA T Contracting LTD

  • Integrated Constr Inc

  • ISEC Inc

  • Isemoto Contracting Company LTD

  • Island Heritage Builders

  • Island Pacific Installers

  • Island Structural Contracting

  • JW Inc

  • Jay Kadowaki Inc

  • JD Hawaii Contractors

  • JDH Construction LTD

  • John Rohrer Contracting Company Inc

  • Ka Mo'i Construction

  • Kaikor Construction Company Inc

  • Kaikor Const Group Inc

  • Kauai Builders LTD

  • Kelikai Incorporated

  • Kenco Construction Inc

  • Kennedy Construction Corp

  • Kiewit Building Group Inc

  • Kiewit Infrastructure West Co

  • Koga Engineering & Construction Inc

  • Kula Glass

  • KPRS Hawaii Constr Inc

  • La'Au Structures Inc

  • Lanai Builders Inc

  • Lankford Construction Co

  • Largo Concrete Inc

  • Lend Lease

  • Level 5 Drywall

  • Lewis & Mann Plastering and Drywall

  • Lloyd W Aubry Co Inc

  • M Shiroma Construction

  • Makai Solutions

  • Maryl Group Construction

  • McClone Construction Co

  • Mitsunaga Const Inc

  • MJ Construction Company

  • Moss & Associates

  • MP Financial Group LTD dba Meridian Pacific LTD

  • Nan Inc

  • Narito Construction Co

  • Nevell Group Inc

  • Noguchi Builders Inc

  • Nordic PCL Construction

  • Northshore Exteriors Inc

  • O P Construction Co

  • Okada Trucking Co LTD

  • Orion Government Services

  • Over the Edge Builders

  • PMJ Builders Inc

  • P&I Builders Inc

  • Paccon Construction Inc

  • Pacific Concrete Works Inc

  • Parsons RCI Inc

  • Pioneer Contr Co LTD

  • Positive Island Builders

  • Premier Interior Development Inc

  • Pro Bilt Construction

  • Ralph S Inouye Co LTD

  • Raynor Overhead Doors & Gates Inc

  • Reef Development of HI

  • Ridgeway Construction

  • RLP Inc

  • Robert A Bothman Inc

  • Robert M Kaya Builders

  • ROMSCO Inc

  • Royal Contracting Co LTD

  • RSL Drywall

  • S&G Construction Inc

  • S&M Sakamoto Inc

  • SAMAP USA Corp

  • Sea Engineering Inc

  • ShimmickTraylorGranite

  • Shioi Construction Inc

  • Sinclair Drywall Inc

  • Site Engineering Inc

  • Solid Surface Tech

  • Stan's Contracting Inc

  • Statewide Gen Contracting

  • Stronghold Engineering Inc

  • Summit Construction Inc

  • SWI Finishing HI Inc

  • Swinerton Builders

  • Sync Drywall Systems

  • TCS Drywall Inc dba Alii Drywall

  • The Looking Glass Corp

  • Tokunaga Masonry Inc

  • Tomco Corporation

  • Tricon Inc

  • Tropical Trim & Design

  • True Line Construction Services LTD

  • US Pacific Inc

  • Unistrut Hawaii

  • United General Contracting Inc

  • Universal Construction

  • Unlimited Construction Services Inc

  • Unrivaled Inc

  • V&C Drywall Contractors

  • Viking Construction Inc

  • WW Clyde & Company

  • Waltz Engineering Inc

  • Weber Company

  • West Maui Construction

  • Western Industrial Contr

  • Western Overhead Door

  • White Sands Construction

  • Wilkinson Technologies LTD

  • Yasuhara Drywall

  • Z Contractors Inc

Provenance

Return type
form_990
Tax year
2023
Filed
15 July 2025
IRS schema version
2023v6.0
Source object
202541969349302429

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.