62 MARKET STREET INC

As filed

Subsection

03

NTEE code

S30

Classification

2000

Street

1935 MAIN ST STE 204

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• LOKAHI PACIFIC BUSINESS INCUBATOR PROVIDES PRIVATE OFFICE SPACE, BUSINESS SUPPORT AND COUNSELING SERVICES, AND STATE-OF-THE-ART EQUIPMENT AND AMENITIES FOR UP TO 9 START-UP OR EXPANDING SERVICE AND PROFESSIONAL BUSINESSES. 62 MARKET STREET INC.'S VIRTUAL OFFICE IS A SHARED OFFICE SERVICE, WHICH NORMALLY INCLUDES BUSINESS ADDRESS, MAIL & COURIER SERVICES, PHONE, FAX ANSWERING & WEB-HOSTING SERVICES, AND MEETING & CONFERENCE FACILITIES.

  Expenses $203,943 · Revenue $96,373

• THE KITCHEN IS A LICENSED COMMERCIAL KITCHEN AVAILABLE TO ANY COMMUNITY MEMBER OR ORGANIZATION INTERESTED IN STARTING UP OR WORKING IN A SPECIALTY FOOD BUSINESS. THIS WILL PROVIDE START-UP FOOD BUSINESSES THE OPPORTUNITY TO EXPLORE FOOD PRODUCTION WITHOUT THE HIGH COST OF BUYING THEIR OWN EQUIPMENT OR CONSTRUCTING THEIR OWN BUILDING. IN ADDITION, THE SMALL BUSINESS INCUBATOR WILL OFFER TECHNICAL ASSISTANCE IN FOOD PRODUCTION AS WELL AS GENERAL BUSINESS MANAGEMENT SKILLS, NETWORKING OPPORTUNITIES AMONG ENTREPRENEURS, AND THE OPPORTUNITY TO FORM SHARED SERVICE COOPERATIVES FOR MARKETING, DISTRIBUTION, AND SUPPLY.

  Expenses $118,529 · Revenue $56,012

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

• MARK D RECK

  CHAIRMAN

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• VIOLA MUNDRICK-WICHMAN

  VICE-CHAIR

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• SCOTT HAL SMITH PA-C

  SECRETARY

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• RYAN FUKUSHIMA

  TREASURER

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• KLAUS SIMMER

  DIRECTOR

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• TERESA FREDERICK

  DIRECTOR

  Total calculated

  $0

  Hours/week

  0.12 + 0.88 related

• REGINA S THIEMAN

  EXECUTIVE DIRECTOR

  Total calculated

  $85,916

  From this org

  $0

  From related orgs

  $85,916

  Other

  $0

  Hours/week

  3 + 37 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $152,385

  Expenses

  $361,085

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $134,215

  Expenses

  $313,892

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $113,379

  Expenses

  $304,420

  Contributions

  $5,200

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $130,488

  Expenses

  $323,446

  Assets (EOY)

  $2,056,005

• 2020 · 990

  Revenue

  $97,011

  Expenses

  $311,731

  Assets (EOY)

  $2,200,042

• 2019 · 990

  Revenue

  $92,736

  Expenses

  $313,550

  Assets (EOY)

  $2,357,593

• 2018 · 990

  Revenue

  $143,730

  Expenses

  $320,549

  Assets (EOY)

  $2,402,932

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files