2024-08-15T18:47:41-04:00 2023-09-30 990303190 CARBONARO CPAS & MANAGEMENT GROUP 1885 MAIN ST STE 408 WAILUKU HI 96793 990 2022-10-01 471646700 WAIANAE ECONOMIC DEVELOPMENT COUNCIL WAIA 8084607922 PO BOX 194 WAIANAE HI 96792 JOSEPH W LAPILIO III CEO/PRESIDENT 8084607922 2024-08-15 true true GRETCHEN KREMEYER P00768528 8082425002 2024-08-15 2022 2024-08-08 14:25:15Z JOSEPH W LAPILIO III PO BOX 194 WAIANAE HI 96792 1380251 false X THEWEDC.COM X 2014 HI INCREASE OPPORTUNITIES FOR WAIANAE COAST RESIDENTS BY DEVELOPING THE COMMUNITY'S RICH NATURAL, CULTURAL AND HUMAN RESOURCES. 6 5 10 47 0 558109 1333999 40880 42596 0 3656 598989 1380251 93274 0 357142 587111 23327 29416 243782 606643 600924 1310355 -1935 69896 203557 297929 181208 205684 22349 92245 X INCREASE OPPORTUNITIES FOR WAIANAE COAST RESIDENTS BY DEVELOPING THE COMMUNITY'S RICH NATURAL, CULTURAL AND HUMAN RESOURCES. false false 339158 791 MAOLIPRENEUR IS A 3-MONTH COHORT AIMED TO ASSIST NATIVE HAWAIIAN BUSINESS OWNERS LIVING ON THE WEST COST OF OAHU, BUILD SUSTAINABLE AND PROFITABLE BUSINESSES. THE PROGRAM CONSISTS OF 8 WORKSHOPS, AN ACCOUNTABILITY GROUP, AND 1:1 BUSINESS COACHING. THE PROGRAM IS STRATEGICALLY STRUCTURED SO THAT THE PARTICIPANTS HAVE TIME TO ACTIVELY IMPLEMENT CONCEPTS LEARNED THROUGH THE WORKSHOPS AND COACHING SESSIONS. EVERY WORKSHOP IS TAUGHT WITH A PROVEN BUSINESS CONCEPT THAT IS CONNECTED TO A HAWAIIAN CULTURAL PRINCIPLE, THROUGH MO'OLELO OR HAWAIIAN STORIES. WITH ALL CONCEPTS LEARNED IN THE PROGRAM, BUSINESS OWNERS WILL KNOW HOW TO OPERATE THEIR BUSINESS THAT CAN THRIVE EVEN THROUGH TIMES OF DISASTER. AFTER THE PROGRAM, BUSINESS OWNERS WILL EXPERIENCE A HIGHER PROFIT MARGIN AND AN INCREASE IN REVENUE. ACCOMPLISHMENTS: CONVENED 3 COHORTS, 90 PARTICIPANTS ENROLLED AND 45 GRADUATES. 210411 150 E MAU KE A'O IS A HAWAIIAN CULTURE-BASED ENTREPRENEURSHIP WORKSHOP SERIES FOR CULTURAL PRACTITIONERS. THE PROGRAM PROVIDES THEM THE TECHNICAL ASSISTANCE NEEDED TO CREATE ONLINE LEARNING CONTENT. THIS RESULTS IN BUILDING PRACTITIONER CAPACITY TO CREATE A SELF-SUSTAINING BUSINESS THROUGH THEIR CULTURAL PRACTICE WHILE ALSO INCREASING PUBLIC ACCESS TO CULTURAL KNOWLEDGE THROUGH ONLINE PLATFORMS. AT THE COMPLETION OF THE PROGRAM, PARTICIPANTS WILL: SET UP A LEGAL ENTITY, PREPARE CULTURAL CONTENT FOR AN IN-PERSON AND ONLINE AUDIENCE, BUILD CONTENT FOR ONLINE MODULES, PERPETUATE YOUR KNOWLEDGE FOR FUTURE GENERATIONS, AND BUILD NEW STREAM REVENUE STREAMS THROUGH THEIR PRACTICE. ACCOMPLISHMENTS: 27 E MAU KE A'O PARTICIPANTS, ATTENDED WORKSHOPS AND COACHING SESSIONS, 26 VIDEOS CREATED. 74880 THE FINANCIAL LOI IS OUR FINANCIAL LITERACY PROGRAM. IT CONTAINS A WORKSHOP SERIES THAT WAS CREATED TO HELP NATIVE HAWAIIAN FAMILIES CONNECT TO PERSONAL FINANCES THROUGH CULTURAL CONCEPTS AND MOOLELO, OR STORIES. DELIVERING FINANCIAL AND BUSINESS CONCEPTS THROUGH A CULTURAL LENS, IMPROVES RETENTION AND IMPACT OF DIFFICULT, AND OFTEN, NEW MATERIAL. PARTICIPANTS CAN CONNECT TO THE CONTENT AND APPLY THE CURRICULUM IN A WAY THAT WILL AFFECT BEHAVIOR AND PERSPECTIVE IN A POSITIVE MANNER. ACCOMPLISHMENTS: 6 SERIES OF WORKSHOPS CONDUCTED, SERVED 146 PARTICIPANTS. 380056 93274 45311 THE PAKINI LOAN FUND IS YOUR TRUSTED PARTNER FOR FINANCIAL GROWTH AND EMPOWERMENT. AS A 501(C)(3) EMERGING COMMUNITY DEVELOPMENT INSTITUTION (CDFI) WE ARE DEDICATED TO SUPPORTING SMALL BUSINESSES ACROSS THE BEAUTIFUL STATE OF HAWAI'I. OUR PRIMARY FOCUS IS ON SERVING THE NATIVE HAWAIIANS RESIDING AND WORKING IN THE WAI'ANAE MOKU. OUR OVERARCHING MISSION IS TO INCREASE ECONOMIC OPPORTUNITIES BY PROVIDING THE NECESSARY FINANCIAL RESOURCES THAT BOLSTER THE PERSONAL AND ENTREPRENEURIAL CAPACITIES OF INDIVIDUALS THROUGHOUT HAWAI'I. FROM LOANS RANGING BETWEEN 1,000 AND 30,000, WE CATER TO BUSINESSES AND NON-PROFIT ORGANIZATIONS OF ALL SIZES. WHAT SETS US APART IS OUR COMMITMENT TO OUR CLIENTS SUCCESS. OUR BORROWERS RECEIVE COMPLIMENTARY BUSINESS CONSULTING TO FOSTER THE GROWTH OF THEIR ENTERPRISES, PAVING THE WAY FOR A FINANCIALLY FIT BUSINESS THAT POSITIONS THEM FOR ELIGIBILITY FOR TRADITIONAL FUNDING. ACCOMPLISHMENTS: FORMED THE PAKINI LOAN FUND IN THE FALL OF 2023. SECURED 501(C)(3) DESIGNATION AND DEVELOPED LOAN POLICIES AND PROCEDURE. MADE ON THE WAIANAE COAST (MOTWC) IS A LLC SUBSIDIARY OF THE WAIANAE ECONOMIC DEVELOPMENT COUNCIL ESTABLISHED TO PROVIDE MARKETING AND EVENT PLANNING SUPPORT TO WAIANAE COAST BUSINESSES. ACCOMPLISHMENTS: MONTHLY POP-UP MARKETS WERE HELD SUPPORTING 25 VENDORS AT EACH EVENT. DIRECT SERVICES INCLUDES SUPPORT GIVEN TO BUSINESSES AND NONPROFITS IN THE COMMUNITY SEEKING ASSISTANCE WITH VARIOUS NEEDS INCLUDING MARKETING, FUND DEVELOPMENT, BOARD DEVELOPMENT AND COACHING AND OTHER HELP. ACCOMPLISHMENTS: WEDC PROVIDED STRATEGIC PLANNING FACILITATION TO THREE NONPROFITS AND HELPED START UP 13 NEW NONPROFITS. WEDC OFFERS FISCAL SPONSORSHIP SUPPORT TO NONPROFITS NEEDING A 501(C)(3) UMBRELLA. IN 2023 WE PROVIDED THIS SERVICE TO TWO NONPROFITS, AHAVERIM AND AHUPUA`A O NANAKULI HOMESTEAD. 380056 93274 45311 1004505 true true false false false false false false false false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false true true false false false true 0 0 false 10 false false false false false false false false false false false false false X 6 5 false false false false false false false true true false false true true false false true true true true false HI X WAIANAE ECONOMIC DEVELOPMENT COUNCI 8084607922 PO BOX 194 WAIANAE HI 96792 JOSEPH W LAPILIO III CEO/PRESIDEN 40.00 X X 86284 0 3732 DANIEL GOMES VICE PRESIDE 1.00 X X 1700 0 0 ANNIE FERREIRA SECRETARY & 1.00 X X 2500 0 0 GEORGIANNA NAVARRO DIRECTOR 1.00 X 500 0 0 STEPHANIE KAWELO DIRECTOR 1.00 X 1400 0 0 VERNA BRIGHT DIRECTOR 1.00 X 400 0 0 92784 3732 false false false 870707 463292 1333999 VENDOR REGISTRATION 624100 21855 21855 LOAN INTEREST AND FEES 522291 14018 14018 PROGRAM FEES 624100 6723 6723 42596 OTHER INCOME 900099 3656 3656 3656 1380251 46252 X 93274 93274 98271 76655 21616 346479 296989 49490 15022 6264 8758 127339 109137 18202 9450 9450 23327 23327 396408 286297 104022 6089 4286 621 3665 10601 3208 7393 2632 2602 30 70930 58845 12085 10781 855 9926 1150 1150 4918 2666 2252 SUPPLIES 67402 44743 22659 LOAN SERVICING 13188 13188 OTHER EXPENSES 6123 6123 MEMBERSHIPS 5937 2270 3667 2837 768 2069 1310355 1004505 276434 29416 202291 112453 1266 185476 203557 297929 3417 108445 93032 84759 97239 181208 205684 X 22349 92245 22349 92245 203557 297929 69896 X false false false X 15000 168386 123888 558109 1333999 2199382 15000 168386 123888 558109 1333999 2199382 6012 2193370 2199382 147343 0.99730 1.00000 X SUPPLEMENTAL INFORMATION SCHEDULE A, PART II, COLUMN (D) IS FOR THE NINE-MONTH PERIOD BEGINNING JANUARY 1, 2022 AND ENDING SEPTEMBER 30, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true EMPOWER HAWAII FOUNDATION 87-1054 KAIPO ST WAIANAE HI 96792 274653064 501C3 17000 SUPPORT PAKINI LOAN FUND 87-151 LILIANA ST WAIANAE HI 96792 923039687 501C3 64994 SUPPORT PUUHONUA O WAILUPE 6119 KAWEKIU PLACE HONOLULU HI 96821 882844649 501C3 10000 SUPPORT 3 FORM 990, PAGE 2, PART III, LINE 4A MAOLIPRENEUR IS A 3-MONTH COHORT AIMED TO ASSIST NATIVE HAWAIIAN BUSINESS OWNERS LIVING ON THE WEST COST OF OAHU, BUILD SUSTAINABLE AND PROFITABLE BUSINESSES. THE PROGRAM CONSISTS OF 8 WORKSHOPS, AN ACCOUNTABILITY GROUP, AND 1:1 BUSINESS COACHING. THE PROGRAM IS STRATEGICALLY STRUCTURED SO THAT THE PARTICIPANTS HAVE TIME TO ACTIVELY IMPLEMENT CONCEPTS LEARNED THROUGH THE WORKSHOPS AND COACHING SESSIONS. EVERY WORKSHOP IS TAUGHT WITH A PROVEN BUSINESS CONCEPT THAT IS CONNECTED TO A HAWAIIAN CULTURAL PRINCIPLE, THROUGH MO'OLELO OR HAWAIIAN STORIES. WITH ALL CONCEPTS LEARNED IN THE PROGRAM, BUSINESS OWNERS WILL KNOW HOW TO OPERATE THEIR BUSINESS THAT CAN THRIVE EVEN THROUGH TIMES OF DISASTER. AFTER THE PROGRAM, BUSINESS OWNERS WILL EXPERIENCE A HIGHER PROFIT MARGIN AND AN INCREASE IN REVENUE. ACCOMPLISHMENTS: CONVENED 3 COHORTS, 90 PARTICIPANTS ENROLLED AND 45 GRADUATES. FORM 990, PAGE 2, PART III, LINE 4B E MAU KE A'O IS A HAWAIIAN CULTURE-BASED ENTREPRENEURSHIP WORKSHOP SERIES FOR CULTURAL PRACTITIONERS. THE PROGRAM PROVIDES THEM THE TECHNICAL ASSISTANCE NEEDED TO CREATE ONLINE LEARNING CONTENT. THIS RESULTS IN BUILDING PRACTITIONER CAPACITY TO CREATE A SELF-SUSTAINING BUSINESS THROUGH THEIR CULTURAL PRACTICE WHILE ALSO INCREASING PUBLIC ACCESS TO CULTURAL KNOWLEDGE THROUGH ONLINE PLATFORMS. AT THE COMPLETION OF THE PROGRAM, PARTICIPANTS WILL: SET UP A LEGAL ENTITY, PREPARE CULTURAL CONTENT FOR AN IN-PERSON AND ONLINE AUDIENCE, BUILD CONTENT FOR ONLINE MODULES, PERPETUATE YOUR KNOWLEDGE FOR FUTURE GENERATIONS, AND BUILD NEW STREAM REVENUE STREAMS THROUGH THEIR PRACTICE. ACCOMPLISHMENTS: 27 E MAU KE A'O PARTICIPANTS, ATTENDED WORKSHOPS AND COACHING SESSIONS, 26 VIDEOS CREATED. FORM 990, PAGE 2, PART III, LINE 4D THE PAKINI LOAN FUND IS YOUR TRUSTED PARTNER FOR FINANCIAL GROWTH AND EMPOWERMENT. AS A 501(C)(3) EMERGING COMMUNITY DEVELOPMENT INSTITUTION (CDFI) WE ARE DEDICATED TO SUPPORTING SMALL BUSINESSES ACROSS THE BEAUTIFUL STATE OF HAWAI'I. OUR PRIMARY FOCUS IS ON SERVING THE NATIVE HAWAIIANS RESIDING AND WORKING IN THE WAI'ANAE MOKU. OUR OVERARCHING MISSION IS TO INCREASE ECONOMIC OPPORTUNITIES BY PROVIDING THE NECESSARY FINANCIAL RESOURCES THAT BOLSTER THE PERSONAL AND ENTREPRENEURIAL CAPACITIES OF INDIVIDUALS THROUGHOUT HAWAI'I. FROM LOANS RANGING BETWEEN 1,000 AND 30,000, WE CATER TO BUSINESSES AND NON-PROFIT ORGANIZATIONS OF ALL SIZES. WHAT SETS US APART IS OUR COMMITMENT TO OUR CLIENTS SUCCESS. OUR BORROWERS RECEIVE COMPLIMENTARY BUSINESS CONSULTING TO FOSTER THE GROWTH OF THEIR ENTERPRISES, PAVING THE WAY FOR A FINANCIALLY FIT BUSINESS THAT POSITIONS THEM FOR ELIGIBILITY FOR TRADITIONAL FUNDING. ACCOMPLISHMENTS: FORMED THE PAKINI LOAN FUND IN THE FALL OF 2023. SECURED 501(C)(3) DESIGNATION AND DEVELOPED LOAN POLICIES AND PROCEDURE. MADE ON THE WAIANAE COAST (MOTWC) IS A LLC SUBSIDIARY OF THE WAIANAE ECONOMIC DEVELOPMENT COUNCIL ESTABLISHED TO PROVIDE MARKETING AND EVENT PLANNING SUPPORT TO WAIANAE COAST BUSINESSES. ACCOMPLISHMENTS: MONTHLY POP-UP MARKETS WERE HELD SUPPORTING 25 VENDORS AT EACH EVENT. DIRECT SERVICES INCLUDES SUPPORT GIVEN TO BUSINESSES AND NONPROFITS IN THE COMMUNITY SEEKING ASSISTANCE WITH VARIOUS NEEDS INCLUDING MARKETING, FUND DEVELOPMENT, BOARD DEVELOPMENT AND COACHING AND OTHER HELP. ACCOMPLISHMENTS: WEDC PROVIDED STRATEGIC PLANNING FACILITATION TO THREE NONPROFITS AND HELPED START UP 13 NEW NONPROFITS. WEDC OFFERS FISCAL SPONSORSHIP SUPPORT TO NONPROFITS NEEDING A 501(C)(3) UMBRELLA. IN 2023 WE PROVIDED THIS SERVICE TO TWO NONPROFITS, AHAVERIM AND AHUPUA`A O NANAKULI HOMESTEAD. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE DRAFT FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS AND APPROVED FOR SUBMISSION PRIOR TO SUBMISSION. AUTHORITY TO APPROVE, SIGN, AND SUBMIT FORM 990 IS DELEGATED TO BOARD SECRETARY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD MAKES SALARY DECISIONS FOR THE CHIEF EXECUTIVE AND ALSO APPROVES THE ORGANIZATION'S SALARY SCHEDULE. TO MAKE THESE DECISIONS, A REVIEW IS MADE OF OTHER COMPENSATION SCHEDULES FROM SIMILAR ORGANIZATIONS. THE DECISION IS MADE ANNUALLY AND IS PART OF THE BUDGET REVIEW AND APPROVAL PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD MAKES SALARY DECISIONS FOR THE ORGANIZATION'S OVERALL SALARY SCHEDULE. TO MAKE THESE DECISIONS, A REVIEW IS MADE OF OTHER COMPENSATION SCHEDULES FROM SIMILAR ORGANIZATIONS. THE DECISION IS MADE ANNUALLY AND IS PART OF THE BUDGET REVIEW AND APPROVAL PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, INCLUDING THE FORM 990, ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES 78,197 63,133 416 EVALUATION STUDIES 39,000 0 0 PAYROLL MANAGEMENT FEES 9,085 1,350 0 FUNDRAISING FEES 0 0 5,673 OUTREACH SERVICES 55,414 19,539 0 VOLUNTEER STIPENDS 2,300 0 0 FINANCIAL LITERACY INSTRUCTOR 18,680 0 0 VIDEOGRAPHY 56,621 0 0 WEBSITE DEVELOPMENT 27,000 20,000 0 TOTAL 286,297 104,022 6,089 MADE ON THE WAIANAE COAST LLC 87-151 LILIANA STREET WAIANAE HI 96792 PROMOTION HI N/A PAKINI LOAN FUND 87-151 LILIANA STREET WAIANAE HI 96792 923039687 BUS. LOANS HI 501C3 10 N/A false false true false false false false false false false false false false false false false false false false false PAKINI LOAN FUND B 64994 BOOK