2024-11-15T13:24:50-06:00 2023-12-31 990169131 N&K CPAS INC 999 BISHOP ST STE 2200 HONOLULU HI 96813 990 2023-01-01 833776985 PONO HOUSING CORPORATION PONO 8085500804 900 FORT STREET MALL 1690 HONOLULU HI 96813 DAVID NAKAMURA EXECUTIVE DIRECTOR 8085500804 2024-11-15 1 1 MICHAEL I TANAKA P00412914 8085242255 2023 2024-10-15 13:58:12Z DEE DARBY 900 FORT STREET MALL 1690 HONOLULU HI 96813 0 0 X WWW.MUTUAL-HOUSING.ORG X 2019 HI TO ACQUIRE, DEVELOP AND OPERATE LOW-INCOME RENTAL HOUSING PROJECTS IN THE STATE OF HAWAII TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES. 4 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1345432 555629 1345432 555629 -1345432 -555629 1691681 1136052 0 0 1691681 1136052 TO ACQUIRE, DEVELOP AND OPERATE LOW-INCOME RENTAL HOUSING PROJECTS IN THE STATE OF HAWAII TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES. 0 0 555629 0 OPERATION AND MANAGEMENT OF LOW-INCOME HOUSING FACILITY, PALOLO HOMES (PH), IN HONOLULU, HAWAII PROVIDING AFFORDABLE HOUSING TO APPROXIMATELY 1,200 PEOPLE IN 306 UNITS THROUGH A HAWAII LIMITED PARTNERSHIP. 555629 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 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 4 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X DAVID NAKAMURA 8085500804 900 FORT STREET MALL STE 1690 HONOLULU HI 96813 X DEE DARBY PRESIDENT 0.10 0.10 X X 0 0 0 RYAN ARFMAN TREASURER 0.10 0.10 X X 0 0 0 GROSS AARIN VICE PRESIDENT 0.10 0.10 X X 0 0 0 DEBORA HALBERT SECRETARY 0.10 0.10 X X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1908 1908 PARTNERSHIP LOSS - PH 553721 553721 555629 555629 0 0 34077 32169 1657604 1103883 1691681 1136052 0 0 X 1691681 1136052 1691681 1136052 1691681 1136052 -555629 0 X X 0 1 X 1 0 X 0 0 170806 0 0 170806 170806 170806 0 0 0 170806 170806 170806 X 0 INVESTMENT IN PALOLO VALLEY HOMES LP 1103883 C 1103883 X 0 0 0 0 0 555629 0 555629 0 555629 PART X, LINE 2: THE BELOW NOTE DISCLOSURE IS FROM THE AUDITED FINANCIAL STATEMENTS OF MUTUAL HOUSING ASSOCIATION OF HAWAII, INC. (EIN: 99-0308739) WHICH INCLUDES THE FINANCIAL INFORMATION OF PONO HOUSING CORPORATION. MHAH AND AFFILIATES ARE RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MHAH AND AFFILIATES ARE NOT SUBJECT TO INCOME TAXES IN THE U.S. FEDERAL JURISDICTION AND THE STATE. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION, THE TAX RETURN IS FORWARDED TO THE EXECUTIVE DIRECTOR OF MUTUAL HOUSING ASSOCIATION OF HAWAII, INC. (PARENT ORGANIZATION) WHO REVIEWS THE RETURN PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS (INTERESTED PERSON). ALL INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS/HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS CONSIDERING THE PROPOSED TRANSACTION OR UNDERTAKING. AFTER THE DISCLOSURE, THE BOARD OR COMMITTEE SHALL DISCUSS AND VOTE UPON THE DETERMINATION OF A CONFLICT OF INTEREST. THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF NONE IS ATTAINABLE THE BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS FAIR, REASONABLE AND IN THE ORGANIZATION'S BEST INTEREST. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL SIGN AN ANNUAL STATEMENT REGARDING THE ABOVE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY COMPENSATED KEY EMPLOYEES OR TOP MANAGEMENT OFFICIALS AND DOES NOT COMPENSATE ITS OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 INSPECTION IS AVAILABLE AT THE CENTRAL OFFICE OF MUTUAL HOUSING ASSOCIATION OF HAWAII, INC. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MUTUAL HOUSING ASSOCIATION OF HAWAII 900 FORT STREET SUITE 1690 HONOLULU HI 96813 990308739 AFFORDABLE RENTAL HOUSING HI 501(C)(3) LINE 7 N/A 0 KEKAULIKE COURTYARDS CORPORATION 900 FORT STREET SUITE 1690 HONOLULU HI 96813 311688873 AFFORDABLE RENTAL HOUSING HI 501(C)(3) LINE 10 MUTUAL HOUSING ASSOCIATION OF HAWAII INC 0 LIHUE COURT TOWNHOMES CORPORATION 900 FORT STREET SUITE 1690 HONOLULU HI 96813 311688648 AFFORDABLE RENTAL HOUSING HI 501(C)(3) LINE 10 MUTUAL HOUSING ASSOCIATION OF HAWAII INC 0 KOOLOAULA LIMITED PARTNERSHIP 900 FORT STREET SUITE 1690 HONOLULU HI 96813 262246491 AFFORDABLE HOUSING DEVELOPMENT HI N/A N/A 0 0 KOOLOAULA II LIMITED PARTNERSHIP 900 FORT STREET SUITE 1690 HONOLULU HI 96813 462807303 AFFORDABLE HOUSING DEVELOPMENT HI N/A N/A 0 0 KULIA HOMES LIMITED PARTNERSHIP 900 FORT STREET SUITE 1690 HONOLULU HI 96813 823527493 AFFORDABLE HOUSING DEVELOPMENT HI N/A N/A 0 0 PALOLO VALLEY HOMES LIMITED PARTNERSHIP 900 FORT STREET SUITE 1690 HONOLULU HI 96813 990350158 AFFORDABLE RENTAL HOUSING HI MUTUAL HOUSING ASSOCIATION OF HAWAII RELATED 12376361 0 0 0.99000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0