Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $7,195,780

• 1e · Government grants (contributions)

  $233,366

• 1f · All other contributions, gifts and grants

  $16,774

• 2a · Program service revenue: HEALTH CARE SERVICES

  total $136,678,133 · related or exempt $136,678,133

• 2b · Program service revenue: RESEARCH PROGRAMS

  total $2,590,100 · related or exempt $2,590,100

• 3 · Investment income

  total $701,225 · excluded $701,225

• 6a · Gross rents

  real property $694,192

• 6b · Less rental expenses

  real property $184,874

• 6c · Rental income or loss

  real property $509,318

• 6d · Net rental income or loss

  total $509,318 · excluded $509,318

• 7a · Gross sales of assets other than inventory

  securities $1,487,621

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

  securities $1,525,367

• 7c · Gain or loss

  securities -$37,746

• 7d · Net gain or loss

  total -$37,746 · excluded -$37,746

• 11a · Other revenue: PARKING

  total $1,589,141 · unrelated business $816,752 · excluded $772,389

• 11b · Other revenue: PRINTING

  total $196,587 · unrelated business $1,670 · excluded $194,917

• 11c · Other revenue: EARNINGS FROM AFFILIATE

  total $52,182 · related or exempt $52,182

• 11d · All other revenue

  total $1,560,159 · related or exempt $717,588 · excluded $842,571

• 11e · Other revenue, total

  $3,398,069

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $640,927 · management and general $640,927

• 7 · Other salaries and wages

  total $57,745,434 · program services $45,969,509 · management and general $11,775,925

• 8 · Pension plan contributions

  total $2,323,642 · program services $1,829,480 · management and general $494,162

• 9 · Other employee benefits

  total $16,298,735 · program services $12,832,532 · management and general $3,466,203

• 11g · Fees: other

  total $22,438,474 · program services $9,071,296 · management and general $13,367,178

• 17 · Travel

  total $94,142 · program services $94,142

• 20 · Interest

  total $1,333,388 · management and general $1,333,388

• 22 · Depreciation, depletion and amortization

  total $5,270,441 · program services $5,270,441

• 23 · Insurance

  total $1,333,029 · management and general $1,333,029

• 24a · Other expenses: MEDICAL RELATED SUPPLIE

  total $32,992,431 · program services $32,992,431

• 24b · Other expenses: PROVISION FOR BAD DEBT

  total $5,130,657 · program services $5,130,657

• 24c · Other expenses: PROVIDER TAX

  total $2,902,098 · program services $2,902,098

• 24d · Other expenses: ADMINISTRATIVE & FISCAL

  total $2,894,224 · program services $2,286,437 · management and general $607,787

• 24e · All other expenses

  total $5,515,228 · program services $5,456,400 · management and general $58,828

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,577,523 · end of year $709,788

• 4 · Accounts receivable

  beginning of year $25,889,958 · end of year $34,385,072

• 8 · Inventories for sale or use

  beginning of year $4,294,535 · end of year $4,084,903

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,382,303 · end of year $1,172,210

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

  $193,261,098

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

  $167,904,943

• 10c · Land, buildings and equipment, net

  beginning of year $26,537,351 · end of year $25,356,155

• 11 · Investments: publicly traded securities

  beginning of year $84,630 · end of year $577,460

• 12 · Investments: other securities

  beginning of year $6,593,509 · end of year $6,620,353

• 15 · Other assets

  beginning of year $72,466,847 · end of year $74,426,508

• 17 · Accounts payable and accrued expenses

  beginning of year $34,540,909 · end of year $36,347,911

• 19 · Deferred revenue

  beginning of year $1,264,893 · end of year $466,883

• 20 · Tax-exempt bond liabilities

  beginning of year $18,252,213 · end of year $17,077,747

• 25 · Other liabilities

  beginning of year $72,700,368 · end of year $72,371,786

• 27 · Net assets without donor restrictions

  beginning of year $14,068,273 · end of year $21,068,122

The filer's explanations (Part III)

PART I, LINE 3

THE FILING ORGANIZATION UTILIZES THE FOLLOWING METHODS OF A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VII: GARY KAJIWARA SERVES AS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KUAKINI HEALTH SYSTEM. HE IS ALSO AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. THE COMPENSATION PAID BY KUAKINI HEALTH SYSTEM IS FOR HIS SERVICES AS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF KUAKINI HEALTH SYSTEM, AS WELL AS FOR HIS SERVICES AS AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. HE DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM (KMC, KGC, KF, KSS, KDC, PAR, AND KPC). GREGG OISHI SERVES AS THE SENIOR VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER/CHIEF FINANCIAL OFFICER OF KUAKINI HEALTH SYSTEM. HE IS ALSO AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. THE COMPENSATION PAID BY KUAKINI HEALTH SYSTEM IS FOR HIS SERVICES AS THE SENIOR VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER/CHIEF FINANCIAL OFFICER OF KUAKINI HEALTH SYSTEM, AS WELL AS FOR HIS SERVICES AS AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. HE DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM (KMC, KGC, KF, KSS, KDC, PAR, AND KPC). JUNE DRUMELLER SERVES AS THE SENIOR VICE PRESIDENT AND CHIEF CLINICAL OFFICER OF KUAKINI HEALTH SYSTEM. SHE IS ALSO AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. THE COMPENSATION PAID BY KUAKINI HEALTH SYSTEM IS FOR HER SERVICES AS THE VICE PRESIDENT AND CHIEF CLINICAL OFFICER OF KUAKINI HEALTH SYSTEM, AS WELL AS FOR HER SERVICES AS AN OFFICER OF VARIOUS ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM. SHE DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATIONS RELATED TO KUAKINI HEALTH SYSTEM (KMC, KGC, KF, KSS, KDC, PAR, AND KPC). NOBUYUKI MIKI SERVES AS THE VICE PRESIDENT, MEDICAL SERVICES AND CHIEF MEDICAL OFFICER OF KUAKINI MEDICAL CENTER. THE COMPENSATION PAID BY KUAKINI MEDICAL CENTER IS FOR HIS SERVICES AS THE VICE PRESIDENT MEDICAL SERVICES AND CHIEF MEDICAL OFFICER OF KUAKINI MEDICAL CENTER. HE DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATIONS RELATED TO KUAKINI MEDICAL CENTER (KHS, KGC, KF, KSS, KDC, PAR, AND KPC). TERISA GARRETT SERVES AS THE ASSISTANT VICE PRESIDENT CLINICAL SERVICES OF KUAKINI MEDICAL CENTER. THE COMPENSATION PAID BY KUAKINI MEDICAL CENTER IS FOR HER SERVICES AS THE ASSISTANT VICE PRESIDENT CLINICAL SERVICES OF KUAKINI MEDICAL CENTER. SHE DOES NOT RECEIVE COMPENSATION FROM THE ORGANIZATIONS RELATED TO KUAKINI MEDICAL CENTER (KHS, KGC, KF, KSS, KDC, PAR, AND KPC).

Related corporations and trusts

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

• KUAKINI DEVELOPMENT CORP

  C · PHARMACY/DEVELOPMENT · HI · 100% owned · share of income $357,448 · share of assets $2,001,748 · controlled entity

  Directly controlled by KMC

• PACIFIC ASIAN RESOURCES INC

  C · HEALTH SERVICES · HI · 100% owned · share of income $3 · share of assets $18,668 · controlled entity

  Directly controlled by KMC

• KUAKINI PACIFIC CORPORATION

  C · EDUCATION/RESEARCH · HI · share of assets $325,618

• KUAKINI PHO

  C · HEALTH SERVICES · HI · 50% owned · share of income $68,295 · share of assets $367,744