Form 990 for tax year 2024
Filed by HAWAII LABORERS AND EMPLOYERS COOPERATION AND EDUCATION TR FUND.
Totals
- Total revenue
- $1,546,606
- Total expenses
- $1,022,206
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $1,117,517
- Investment income
- $428,306
- Other revenue
- $783
- Total assets, end of year
- $3,991,073
- Total liabilities, end of year
- $123,659
- Net assets or fund balances, end of year
- $3,867,414
- 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 $1,117,517 · related or exempt $1,117,517
-
3 · Investment income
total $179,425 · excluded $179,425
-
7a · Gross sales of assets other than inventory
securities $1,343,299
-
7b · Less cost or other basis and sales expenses
securities $1,094,418
-
7c · Gain or loss
securities $248,881
-
7d · Net gain or loss
total $248,881 · excluded $248,881
-
11a · Other revenue: OTHER INCOME
total $783 · related or exempt $783
-
11e · Other revenue, total
$783
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $433,278
-
7 · Other salaries and wages
total $71,464
-
9 · Other employee benefits
total $65,739
-
10 · Payroll taxes
total $31,222
-
11a · Fees: management
total $99,158
-
11b · Fees: legal
total $16,011
-
11c · Fees: accounting
total $29,790
-
11f · Fees: investment management
total $3,864
-
12 · Advertising and promotion
total $40,922
-
13 · Office expenses
total $27,626
-
16 · Occupancy
total $36,535
-
17 · Travel
total $10,157
-
19 · Conferences, conventions and meetings
total $8,058
-
23 · Insurance
total $14,201
-
24a · Other expenses: NATIONAL LECET CONTRIBU
total $83,716
-
24b · Other expenses: AUTOMOBILE
total $22,182
-
24c · Other expenses: OPERATING LEASE EXPENSE
total $17,652
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $10,631
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $91,494 · end of year $31,779
-
2 · Savings and temporary cash investments
beginning of year $109,145 · end of year $211,262
-
4 · Accounts receivable
beginning of year $86,610 · end of year $144,629
-
9 · Prepaid expenses and deferred charges
beginning of year $7,626 · end of year $7,493
-
10a · Land, buildings and equipment: cost or other basis
$135,396
-
10b · Land, buildings and equipment: accumulated depreciation
$135,396
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $3,241,252 · end of year $3,492,150
-
15 · Other assets
beginning of year $21,680 · end of year $103,760
-
17 · Accounts payable and accrued expenses
beginning of year $11,770 · end of year $19,899
-
25 · Other liabilities
beginning of year $23,882 · end of year $103,760
-
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 $3,522,155 · end of year $3,867,414
Mission and programs · 2024
Mission
TO FOSTER THE WELFARE OF THE CONSTRUCTION INDUSTRY
-
THE PLAN WAS ESTABLISHED TO DEVELOP AND IMPLEMENT PROGRAMS, SERVICES AND ACTIVITIES DESIGNED TO STRENGTHEN AND ENHANCE THE LABOR MANAGEMENT RELATIONSHIP FOSTERING THE GENERAL ECONOMIC DEVELOPMENT AND WELFARE OF THE CONSTRUCTION INDUSTRY.
As filed on the 2024 return.
Listed in Part VII
-
Leonard DempseyLEONARD DEMPSEY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Peter GanabanPETER GANABAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Joby North IIJOBY NORTH II
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Jason TangJASON TANG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ryan MartinRYAN MARTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Russell InouyeRUSSELL INOUYE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Deron MatsuokaDERON MATSUOKA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Domingo PeraltaDOMINGO PERALTA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brian LeeBRIAN LEE
DIRECTOR
- Total calculated
- $240,164
- From this org
- $157,216
- From related orgs
- $0
- Other
- $82,948
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,216
- Bonus
- $0
- Other
- $0
- Deferred
- $60,942
- Nontaxable benefits
- $22,006
- Filer's total
- $240,164
-
Mark MatsumotoMARK MATSUMOTO
RESEARCH & DEVELOPMENT
- Total calculated
- $193,114
- From this org
- $120,203
- From related orgs
- $0
- Other
- $72,911
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,203
- Bonus
- $0
- Other
- $0
- Deferred
- $50,905
- Nontaxable benefits
- $22,006
- Filer's total
- $193,114
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
- 3 · Approval by the board or compensation committee
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533189349312823
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