2024-03-12T14:39:50-05:00 2023-06-30 990169131 N&K CPAS INC 999 BISHOP ST SUITE 2200 HONOLULU HI 968133696 990 2022-07-01 300145038 PACIFIC HOUSING OAHU CORPORATION KAPOLEI RESIDENCE PACI 8085235681 888 IWILEI ROAD 200 HONOLULU HI 96817 AUDREY AWAYA ASSISTANT SECRETARY 8085235681 2024-02-14 1 AUDREY AWAYA 999009999 0 WON J LEE P01286148 8085242255 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X COLLIN HOO 888 IWILEI ROAD 200 HONOLULU HI 96817 472701 0 X N/A X 2002 HI TO OWN, DEVELOP, CONSTRUCT AND OPERATE A LOW INCOME HOUSING PROJECT FOR THE ELDERLY. 8 8 0 0 0 0 0 0 460245 466777 -436 162 719 5755 460528 472694 0 0 0 0 0 0 0 0 0 725303 805356 725303 805356 -264775 -332662 9586714 9246897 2710776 2703621 6875938 6543276 X TO PROVIDE ELDERLY PERSONS AND PERSONS WITH DISABILITIES WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NONPROFIT BASIS. 0 0 702912 472532 THE ORGANIZATION OPERATES THE SENIOR RESIDENCE AT KAPOLEI, A LOW INCOME HOUSING PROJECT FOR THE ELDERLY. THE PROJECT PROVIDES AFFORDABLE RENTALS FOR APPROXIMATELY 60 HOUSEHOLDS. 702912 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X AUDREY AWAYA 8085235681 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 NADINE NAKAMURA DIRECTOR 0.10 1.00 X 0 0 0 CARL TAKAMURA VICE PRESIDENT/DIRECTOR 0.10 1.00 X X 0 0 0 SANDRA OSHIRO SECRETARY/DIRECTOR 0.10 1.00 X X 0 0 0 DONALYN DELA CRUZ DIRECTOR 0.10 1.00 X 0 0 0 SARA HORIUCHI TREASURER/DIRECTOR 0.10 1.00 X X 0 0 0 COLLIN HOO PRESIDENT/DIRECTOR 0.10 1.00 X X 0 0 0 STEVE HUNT DIRECTOR 0.10 1.00 X 0 0 0 BENNETT LIU DIRECTOR 0.10 1.00 X 0 0 0 AUDREY AWAYA EXECUTIVE DIRECTOR/ASST SECRETARY 0.10 40.00 X 0 169022 12712 0 169022 12712 0 0 1 0 0 RENTAL INCOME 532000 466777 466777 466777 169 169 7 -7 -7 -7 TENANT CHARGES 900099 3400 3400 LEGAL FEE REIMBURSEMEN 900099 1941 1941 LAUNDRY REVENUE 900099 414 414 5755 472694 472532 0 162 72382 22853 49529 2631 2631 36705 36705 8218 8218 7992 7992 9234 9234 344152 344152 53400 53400 OPERATING AND MAINTENAN 163768 163768 UTILITIES 94297 94297 BAD DEBTS 7145 7145 TAXES 5432 5432 805356 702912 102444 0 22460 29799 30935 5062 12504 14842 13390352 4792775 8934495 8597577 586320 599617 9586714 9246897 24920 7132 6098 7915 21197 21484 2658561 2667090 2710776 2703621 X 6875938 6543276 6875938 6543276 9586714 9246897 -332662 0 X X 0 1 X 1 1 1 X 391449 414514 437204 460245 466777 2170189 391449 414514 437204 460245 466777 2170189 0 0 0 2170189 849 538 144 156 169 1856 849 538 144 156 169 1856 3767 3726 14855 719 5755 28822 396065 418778 452203 461120 472701 2200867 0.98610 0.98720 0.00080 0.00110 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY REVENUE - 2018 AMOUNT: $ 1,525. 2019 AMOUNT: $ 1,208. 2020 AMOUNT: $ 1,535. 2021 AMOUNT: $ 719. 2022 AMOUNT: $ 414. OTHER REVENUE - 2018 AMOUNT: $ 2,242. 2019 AMOUNT: $ 2,518. 2020 AMOUNT: $ 13,320. 2022 AMOUNT: $ 5,341. 0 1 X 12272890 4321012 7951878 187462 141096 46366 930000 330667 599333 8597577 REPLACEMENT RESERVE 518445 TENANT DEPOSITS HELD IN TRUST 21573 TAX AND INSURANCE RESERVE 44511 RESIDUAL RECEIPTS RESERVE 15088 599617 X 472701 0 472701 -7 -7 472694 805363 0 805363 -7 -7 805356 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS TENANT SECURITY DEPOSITS IN A SEPARATE BANK ACCOUNT AND HELD IN TRUST FOR THE TENANTS UNTIL THEY VACATE THE PROPERTY OR ARE DUE TO THE ORGANIZATION DUE TO LEASE VIOLATIONS. PART X, LINE 2: PACIFIC HOUSING OAHU CORPORATION KAPOLEI RESIDENCE (COMPANY) IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COMPANY RECOGNIZES THE FINANCIAL STATEMENT EFFECTS FROM A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION AFTER AN AUDIT BASED ON TECHNICAL MERITS OF THE POSITION. THE COMPANY HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COMPANY IS NOT SUBJECT TO INCOME TAXES IN THE U.S. FEDERAL JURISDICTION AND THE STATE. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET -7. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET -7. 0 0 0 0 0 0 0 0 0 AUDREY AWAYA EXECUTIVE DIRECTOR/ASST SECRETARY 0 169022 0 0 0 0 0 5131 0 7581 0 181734 0 0 PART I, LINE 3 NOT APPLICABLE, THE FILING ORGANIZATION DOES NOT COMPENSATE ANY OF ITS CURRENT OFFICERS OR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS AND APPROVES THE FORM 990 PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS PERIODIC REVIEWS TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. A CONFLICT EXISTS WHERE A TRANSACTION OR ARRANGEMENT BENEFITS THE PRIVATE INTEREST OF A DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE OF THE ORGANIZATION WITH DELEGATED POWERS. IF THE BOARD OF DIRECTORS DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON SHALL RECUSE THEMSELVES FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ENTITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A & 15B: DIRECTORS AND OFFICERS SERVE WITHOUT COMPENSATION. PORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DESCRIPTION OF AMENDMENTS TO ORIGINALLY FILED FORM 990: THE ORIGINALLY FILED FORM 990 IS BEING AMENDED FOR THE BELOW ADJUSTMENT: FORM 990 PAGE 4, PART V, LINE 1C: TAXPAYER IS AMENDING THIS LINE TO INDICATE THAT IT HAS COMPLIED WITH BACKUP WITHHOLDING RULES DURING THE FISCAL YEAR. PACIFIC HOUSING ASSISTANCE CORPORATION 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990199316 TO PROVIDE AFFORDABLE HOUSING HI 501(C)(3) LINE 10 N/A 0 PACIFIC HOUSING OAHU CORPORATION 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 953257400 TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME PERSONS HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PACIFIC HOUSING OAHU CORPORATION - ELDERLY RESIDENCE 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 943270529 PROVIDE AFFORDABLE HOUSING TO ELDERLY PERSONS/PERSONS WITH DISABILITIES HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PACIFIC HOUSING OAHU CORPORATION - TENNEY VILLAGE 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990334824 TO PROVIDE AFFORDABLE HOUSING FOR VERY LOW & LOW INCOME PERSONS OR FAMILIES HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PACIFIC HOUSING OAHU CORPORATION - KUPUNA AT WAIMANALO 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990348173 PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS/PERSONS WITH DISABILITIES HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PACIFIC HOUSING OAHU CORPORATION - IWILEI RESIDENCE 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 300044764 PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS/PERSONS WITH DISABILITIES HI 501(C)(3) LINE 7 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PHAC NO1 INC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990297069 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 0 SENIOR RESIDENCE AT KAPOLEI 2 INC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 261492845 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS HI 501(C)(3) LINE 7 PACIFIC HOUSING ASSISTANCE CORPORATION 0 PACIFIC HOUSING MILILANI LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 611495993 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 PACIFIC HOUSING LANAI LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 611495994 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 THE COURTS LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 320164373 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 WAIMANALO KUPUNA HOUSING LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 331019702 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 KANEOHE ELDERLY HOUSING PROJECT LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990341551 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 THE COURTYARDS AT MILILANI MAUKA LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 204705578 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 KAPOLEI PACIFIC LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 260595245 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 PALEHUA TERRACE 2 LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 721555926 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 MALU'OHAI PACIFIC LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 262751697 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 SENIOR RESIDENCE AT IWILEI LP 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 810581111 TO PROVIDE AFFORDABLE HOUSING HI N/A N/A 0 0 PACIFIC KAPOLEI GP LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 300349999 TO PROVIDE AFFORDABLE HOUSING HI N/A C 0 IWILEI GP LLC 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 454850721 TO PROVIDE AFFORDABLE HOUSING HI N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0