2024-05-15T15:27:31-05:00 2023-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2022-07-01 990352548 CATHOLIC CHARITIES HOUSING DEVELOPMENT CORPORATION CATH 8085244673 1822 KEEAUMOKU STREET HONOLULU HI 96822 PAUL KOBAYASHI JR TREASURER 8085244673 2024-05-15 1 PAUL KOBAYASHI JR 999009999 0 RODNEY M HARANO P00389596 8085311040 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL MAGAOAY 1822 KEEAUMOKU STREET HONOLULU HI 96822 2684792 0 X WWW.CATHOLICCHARITIESHAWAII.ORG X 1999 HI DEVELOP AFFORDABLE HOUSING IN HAWAII. 8 5 0 11 0 0 314 1500000 296861 1156422 111 28370 0 0 297286 2684792 0 0 0 0 45928 0 0 0 0 394977 573331 440905 573331 -143619 2111461 7410192 8205422 2202676 886445 5207516 7318977 X TO PURCHASE, DEVELOP, ACQUIRE, OWN, RENT, MANAGE AND SELL REAL ESTATE PROPERTIES WITH THE INTENT TO PROVIDE AFFORDABLE AND SPECIAL NEEDS HOUSING FOR THE ELDERLY AND SOCIALLY DISADVANTAGED PEOPLE IN THE STATE OF HAWAII. 0 0 218642 172741 HARRY AND JEANETTE WEINBERG HALE HOALOHA - 12 UNIT APARTMENT COMPLEX PROVIDING AFFORDABLE RENTS TO FAMILIES AND INDIVIDUALS. 214811 126205 811 UNIVERSITY AVENUE - 12 UNIT APARTMENT COMPLEX PROVIDING AFFORDABLE RENTS TO SINGLE PARENTS. 250 800000 KAHULUI LANI II - 83 UNIT APARTMENT PROJECT PROVIDING AFFORDABLE RENTS TO SENIORS IN KAHULUI, MAUI. 43675 57476 MEHEULA VISTA - 300 UNIT APARTMENT PROJECT PROVIDING AFFORDABLE RENTS TO SENIORS. PHASE I WAS COMPLETED IN DECEMBER 2016. PHASE II OF THE PROJECT WAS COMPLETED IN DECEMBER 2016, PHASE III IN DECEMBER 2019, AND PHASE IV TO BE COMPLETED IN AUGUST 2023. 43675 57476 477378 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 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 1 1 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 HI X THE ORGANIZATION 8085244673 1822 KEEAUMOKU STREET HONOLULU HI 96822 VAN TASSELL ROBERT BOARD MEMBER 1.00 40.00 X 0 264023 23626 KOBAYASHI JR PAUL BOARD TREASURER 1.00 40.00 X X 0 165397 7309 LARSON BETTY LOU BOARD SECRETARY 1.00 7.00 X X 0 14777 0 MAGAOAY MICHAEL BOARD PRESIDENT 1.00 X X 0 0 0 WESTON CORI BOARD CHAIR 1.00 X X 0 0 0 BERTHIAUME RENE BOARD MEMBER 1.00 X 0 0 0 CODY SCOTT BOARD MEMBER 1.00 X 0 0 0 SECOR GARY VERY REV BOARD MEMBER 1.00 1.00 X 0 0 0 0 444197 30935 0 0 1 0 0 1500000 1500000 PROGRAM MANAGEMENT FEE 900099 800000 800000 RENTAL INCOME 531110 356422 356422 1156422 28370 28370 2684792 1156422 0 28370 X 20054 16281 3773 75 75 179414 123329 56085 85 85 298 120 178 199807 199807 4614 1974 2640 5511 5511 28025 1075 26950 125297 125297 LICENSES, PERMITS & FEE 7242 7029 213 GENERAL EXCISE TAXES 1305 1305 EQUIPMENT 911 911 MEMBERSHIP DUES 443 443 250 250 573331 477378 95953 0 1445964 2189072 1000114 303831 19693 419331 695523 5935608 1398593 4084495 4537015 460288 460288 7410192 8205422 901400 146345 13619 419331 868326 740100 2202676 886445 X 3091772 3751273 2115744 3567704 5207516 7318977 7410192 8205422 2111461 0 X 0 1 X 1 1 1 X X X 1 CATHOLIC CHARITIES HAWAII 990073547 7 1 366799 15900 1 366799 15900 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I, LINE 12G (VI): ULU CENTER OFFICE IN-KIND RENT CONTRIBUTION AND 811 UNIVERSITY AVE RENT SUBSIDIES PART IV, SECTION B, LINE 1: CATHOLIC CHARITIES HAWAII (CCH) IS THE SOLE MEMBER OF CATHOLIC CHARITIES HOUSING DEVELOPMENT CORPORATION (CCHDC). CCH HAS THE RIGHT TO APPOINT THREE INDIVIDUALS TO SERVE AS DIRECTORS OF CCHDC, ONE OF WHOM SHALL BE THE CHIEF EXECUTIVE OFFICER OF CCH AND ONE OF WHOM SHALL BE A MEMBER OF CCH. THE NUMBER OF DIRECTORS ON CCHDC'S BOARD IS DETERMINED BY CCH AT EACH ANNUAL MEETING, PROVIDED THAT THE TOTAL NUMBER OF DIRECTORS MUST BE BETWEEN FIVE AND THIRTEEN. DEPENDING ON THE TOTAL NUMBER OF DIRECTORS, AS DETERMINED BY CCH, THE THREE INDIVIDUALS APPOINTED BY CCH MAY OR MAY NOT CONSTITUTE THE MAJORITY OF CCHDC'S BOARD OF DIRECTORS. AS THE SOLE MEMBER OF CCHDC, CCH ALSO HAS CERTAIN RESERVED POWERS WHICH WOULD ALLOW IT TO EFFECTIVELY OPERATE, SUPERVISE, OR CONTROL CCHDC'S ACTIVITIES. AS SUCH, CCHDC IS REQUIRED TO OBTAIN PRIOR WRITTEN CONSENT FROM CCH FOR CERTAIN ACTIONS, INCLUDING: - ADOPTING ANY AMENDMENT OF THE ARTICLES, - ADOPTING ANY PLAN OF MERGER, CONSOLIDATION, OR DISSOLUTION, - BORROWING FUNDS IN EXCESS OF $100,000, - LENDING FUNDS TO ANY PERSON, REGARDLESS OF AMOUNT, AND - MAKING EXPENDITURES IN EXCESS OF $100,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1351976 1351976 3385293 1007296 2377997 1198339 391297 807042 4537015 INVESTMENT - CCMV LLC 150000 C INVESTMENT - KAHULUI LANI LLC 100000 C INVESTMENT - CCMV IV LLC 50000 C INVESTMENT - KAHULUI FAMILY 160288 C 460288 NOTE PAYABLE - CCH 740100 740100 X PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF CCH AND AFFILIATE AS OF JUNE 30, 2023 AND 2022, AND FOR THE YEAR ENDED JUNE 30, 2023 AND THE TEN MONTHS ENDED JUNE 30, 2022, AND DETERMINED THAT THEY HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. CCH AND AFFILIATE ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. 0 0 0 0 0 0 0 0 0 VAN TASSELL ROBERT BOARD MEMBER 0 264023 0 0 0 0 0 11049 0 12577 0 287649 0 0 KOBAYASHI JR PAUL BOARD TREASURER 0 165397 0 0 0 0 0 5898 0 1411 0 172706 0 0 FORM 990, PART VI, SECTION A, LINE 6 CATHOLIC CHARITIES HOUSING DEVELOPMENT CORPORATION IS A MEMBERSHIP CORPORATION, WHOSE SOLE MEMBER IS CATHOLIC CHARITIES HAWAII, A HAWAII NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, CATHOLIC CHARITIES HAWAII, A HAWAII NONPROFIT CORPORATION, HAS THE POWER TO APPOINT THREE INDIVIDUALS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN POWERS ARE RESERVED TO THE SOLE MEMBER AS DESCRIBED IN ITS ARTICLES OF INCORPORATION AND BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS THOROUGHLY REVIEWED BY CATHOLIC CHARITIES HAWAII'S VP OF FINANCE. FORM 990 WAS EMAILED TO CCHDC'S PRESIDENT AND THE BOARD FOR REVIEW AND COMMENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS ENFORCED BY REQUIRING ITS BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST FORM EACH YEAR. THE BOARD PRESIDENT REVIEWS EACH FORM FOR ANY CONFLICTS. IF THERE ARE DISCLOSED CONFLICTS, THE PRESIDENT WILL BRING IT UP FOR DISCUSSION WITH THE BOARD OF DIRECTORS TO DETERMINE THE APPROPRIATE RESOLUTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ITS ARTICLES OF INCORPORATION ARE FILED WITH THE STATE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 123,329. MANAGEMENT AND GENERAL EXPENSES 56,085. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 179,414. CATHOLIC CHARITIES HAWAII 1822 KEEAUMOKU STREET HONOLULU HI 96822 990073547 SOCIAL SERVICE PROVIDER HI 501(C)(3) LINE 7 N/A 0 0 0 0 1 1 0 0 0 0 1 0 0 1 1 1 1 0 0 0 CATHOLIC CHARITIES HAWAII D 18404 BALANCE AT END OF YEAR CATHOLIC CHARITIES HAWAII E 778890 BALANCE AT END OF YEAR CATHOLIC CHARITIES HAWAII M 50000 ACTUAL EXPENSES PAID CATHOLIC CHARITIES HAWAII M 14718 ACTUAL EXPENSES PAID CATHOLIC CHARITIES HAWAII P 45686 ACTUAL EXPENSES PAID CATHOLIC CHARITIES HAWAII P 168212 ACTUAL EXPENSES PAID