2024-05-15T15:53:45-04:00 2023-06-30 990303190 CARBONARO CPAS & MANAGEMENT GROUP 1885 MAIN ST STE 408 WAILUKU HI 96793 990 2022-07-01 371549202 62 MARKET STREET INC 62MA 8082425761 1935 MAIN ST SUITE 204 WAILUKU HI 96793 REGINA S THIEMAN EXECUTIVE DIRECTOR 8082425761 2024-05-09 true REGINA THIEMAN 999009999 true GRETCHEN KREMEYER P00768528 8082425002 2024-05-15 2022 2023-04-26 12:10:37Z REGINA S THIEMAN 1935 MAIN ST SUITE 204 WAILUKU HI 96793 113379 false X WWW.LOKAHIPACIFIC.ORG X 2007 HI TO IMPROVE THE QUALITY OF LIFE, BOTH ECONOMICALLY AND SOCIALLY, OF RESIDENTS OF THE COUNTY OF MAUI WITH AN URBAN REVITALIZATION PROPERTY DEVELOPMENT PROJECT WITH A UNIQUE MIXED-USE DESIGN OF A BUSINESS INCUBATOR AND COMMERCIAL KITCHEN. 7 7 0 7 0 10361 5200 120127 108179 0 0 130488 113379 0 0 63285 52418 0 0 260161 252002 323446 304420 -192958 -191041 2056005 1918842 2851603 2905481 -795598 -986639 X TO IMPROVE THE QUALITY OF LIFE, BOTH ECONOMICALLY AND SOCIALLY, OF RESIDENTS OF THE COUNTY OF MAUI WITH AN URBAN REVITALIZATION PROPERTY DEVELOPMENT PROJECT WITH A UNIQUE MIXED-USE DESIGN OF A BUSINESS INCUBATOR AND COMMERCIAL KITCHEN. false false 164375 64480 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. 111398 43699 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. 275773 true false false false false false false false false false true false false false true true false true false false false false 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 0 0 0 false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true false false false false false false X LOKAHI PACIFIC 8082425761 1935 MAIN ST SUITE 204 WAILUKU HI 96793 MARK D RECK CHAIRMAN 0.12 0.88 X X 0 0 0 VIOLA MUNDRICK-WICHMAN VICE-CHAIR 0.12 0.88 X X 0 0 0 SCOTT HAL SMITH PA-C SECRETARY 0.12 0.88 X X 0 0 0 GREG KNUE TREASURER 0.12 0.88 X X 0 0 0 REYNOLD BUTCH M GIMA DIRECTOR 0.12 0.88 X 0 0 0 KLAUS SIMMER DIRECTOR 0.12 0.88 X 0 0 0 RYAN FUKUSHIMA DIRECTOR 0.12 0.88 X 0 0 0 REGINA S THIEMAN EXECUTIVE DI 3.00 37.00 X 0 85916 0 85916 false false false 5200 5200 INCUBATOR OFFICE RENT FEES 531120 40208 40208 CAFE RENT 531120 35802 35802 RESTAURANT CAM 531120 17545 17545 COMMERCIAL KITCHEN 531120 10735 10735 TRANSIENT INCUBATOR RENT 531120 2604 2604 1285 1285 108179 113379 108179 1190 595 595 34259 17129 17130 12661 10129 2532 4308 2154 2154 3978 3978 6214 6214 77037 77037 148976 148976 11289 9031 2258 GENERAL EXCISE TAX 4353 4353 LICENSES AND FEES 100 100 BANK CHARGES 55 55 304420 275773 28647 0 4315552 2396710 2056005 1918842 2056005 1918842 14697 24504 2836906 2880977 2851603 2905481 X -795598 -986639 -795598 -986639 2056005 1918842 -191041 X false true X true false X 16529 10361 5200 32090 127201 92736 97011 120127 108179 545254 22743 22743 22743 22743 22743 113715 166473 115479 119754 153231 136122 691059 70517 739 3700 50211 125167 70517 739 3700 50211 125167 565892 166473 115479 119754 153231 136122 691059 0.81890 0.80490 0.00000 0.00000 X 3953423 2057914 1895509 362129 338796 23333 1918842 INTERCOMPANY PAYABLES 2872357 SECURITY DEPOSITS 8620 2880977 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(3), AND EXEMPT FROM STATE INCOME TAXES UNDER SECTION 237-23 (B) OF THE HAWAII REVISED STATUTES. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE COMBINED FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF HAWAII. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2023 AND 2022. THE ORGANIZATIONS FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING JUNE 30, 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990 - ORGANIZATION'S MISSION TO IMPROVE THE QUALITY OF LIFE, BOTH ECONOMICALLY AND SOCIALLY, OF RESIDENTS OF THE COUNTY OF MAUI WITH AN URBAN REVITALIZATION PROPERTY DEVELOPMENT PROJECT WITH A UNIQUE MIXED-USE DESIGN OF A BUSINESS INCUBATOR AND COMMERCIAL KITCHEN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. LOKAHI PACIFIC 1935 MAIN STREET WAILUKU HI 96793 990146837 HOUSING HI 501C3 7 NA false KAHO'OKAMAMALU INC 1935 MAIN STREET WAILUKU HI 96793 990317953 HOUSING HI 501C3 10 NA false HALE LOKAHI AKAHI 1935 MAIN STREET WAILUKU HI 96793 990259573 HOUSING HI 501C3 10 N/A false HALE LOKAHI ELUA 1935 MAIN STREET WAILUKU HI 96793 990267464 HOUSING HI 501C3 10 N/A false HALE O MANA'O LANA HOU II INC 1935 MAIN STREET WAILUKU HI 96793 990271385 HOUSING HI 501C3 10 NA false HALE O MANA'O LANA HOU I INC 1935 MAIN STREET WAILUKU HI 96793 200448185 HOUSING HI 501C3 7 NA false KAHO'OKAMAMALU II INC 1935 MAIN STREET WAILUKU HI 96793 200448213 HOUSING HI 501C3 7 NA false false false false false true false false false false false false false false false true false false false false LOKAHI PACIFIC O 52418 BOOK LOKAHI PACIFIC E 2872357 BOOK