2024-05-15T13:47:16-05:00 2023-06-30 990169131 N&K CPAS INC 999 BISHOP ST STE 2200 HONOLULU HI 96813 990 2022-07-01 990199316 PACIFIC HOUSING ASSISTANCE CORPORATION PACI 8085235681 888 IWILEI ROAD 200 HONOLULU HI 96817 AUDREY AWAYA ASSISTANT SECRETARY 8085235681 2024-05-10 1 AUDREY AWAYA 999009999 1 WON J LEE P01286148 8085242255 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z COLLIN HOO 888 IWILEI ROAD 200 HONOLULU HI 96817 2665000 0 X N/A X 1980 HI TO PROVIDE AFFORDABLE HOUSING. 7 6 4 0 0 0 0 0 2037572 2326582 48920 44960 61951 73750 2148443 2445292 0 0 0 0 520120 630215 0 0 0 1891073 4654615 2411193 5284830 -262750 -2839538 40634412 50129665 16133249 25111983 24501163 25017682 TO PROVIDE AFFORDABLE HOUSING AND DEVELOP OR ASSIST IN PROVIDING AND DEVELOPING PROJECTS AND PROGRAMS FOR LOW INCOME FAMILIES IN THE STATE. 0 0 5093090 2400332 THE ORGANIZATION CONDUCTS VARIOUS DEVELOPMENT & RESEARCH ACTIVITIES IN THE AREA OF HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND PROVIDES AFFORDABLE HOUSING TO LOW INCOME FAMILIES. 5093090 1 0 0 1 0 0 0 0 0 0 1 0 1 1 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 1 1 1 1 0 0 1 0 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X AUDREY AWAYA 8085235681 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 AUDREY AWAYA ASSISTANT SECRETARY/EXEC. 40.00 0.40 X X 169022 0 12712 COLLIN HOO PRESIDENT 1.00 0.40 X X 0 0 0 CARL TAKAMURA VICE PRESIDENT 1.00 0.40 X X 0 0 0 SANDRA OSHIRO SECRETARY 1.00 0.40 X X 0 0 0 SARA HORIUCHI TREASURER 1.00 0.40 X 0 0 0 DONALYN DELA CRUZ DIRECTOR 1.00 0.40 X 0 0 0 BENNETT LIU DIRECTOR 1.00 0.40 X 0 0 0 NADINE NAKAMURA DIRECTOR 1.00 0.40 X 0 0 0 STEVE HUNT DIRECTOR 1.00 0.40 X 0 0 0 169022 0 12712 1 0 1 0 0 PROGRAM SERVICE 532000 2022539 2022539 CAM INCOME 532000 304043 304043 2326582 87446 87446 177222 219584 124 -42362 -124 -42486 -42486 OTHER INCOME 900099 43030 43030 PARKING INCOME 900099 30720 30720 73750 2445292 2400332 0 44960 185973 92987 92986 392534 345615 46919 9747 8285 1462 41961 32193 9768 107217 107217 24687 24687 204994 192865 12129 40671 39648 1023 97036 97036 802010 801732 278 131091 130533 558 LOSS ON ACQUISITION OF 2258518 2258518 REPAIRS AND MAINTENANCE 497886 497690 196 UTILITIES 442652 442652 MISCELLANEOUS 47853 46119 1734 5284830 5093090 191740 0 440961 785159 2279517 676147 824403 3182360 62530 110301 41330297 22456188 13165122 18874109 1694795 2927350 17056536 17038150 5110548 6536089 40634412 50129665 673659 2920644 15291226 21206033 168364 985306 16133249 25111983 X 24501163 25017682 24501163 25017682 40634412 50129665 X -2839538 220966 3135091 X X 0 1 X 1 1 1 X 1732849 2110321 2175669 2037572 2326582 10382993 1732849 2110321 2175669 2037572 2326582 10382993 0 0 0 10382993 17613 27103 3289 58713 87446 194164 17613 27103 3289 58713 87446 194164 60319 62944 140648 61951 73750 399612 1810781 2200368 2319606 2158236 2487778 10976769 0.94590 0.95140 0.01770 0.01150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: PARKING INCOME - 2018 AMOUNT: $ 43,643. 2019 AMOUNT: $ 39,604. 2020 AMOUNT: $ 36,043. 2021 AMOUNT: $ 30,720. 2022 AMOUNT: $ 30,720. LAUNDRY INCOME - 2018 AMOUNT: $ 13,091. 2019 AMOUNT: $ 13,469. 2020 AMOUNT: $ 14,442. OTHER INCOME - 2018 AMOUNT: $ 3,585. 2019 AMOUNT: $ 9,871. 2020 AMOUNT: $ 90,163. 2021 AMOUNT: $ 31,231. 2022 AMOUNT: $ 43,030. 5284830 5284830 414242 103561 0 0 268722 268722 270560 414242 1222246 1833369 67181 67181 67640 103561 305563 458345 32037328 20694990 11342338 7872318 1761198 6111120 1353393 1353393 67258 67258 18874109 INVESTMENT IN PARTNERSHIP 17038150 C 17038150 RESTRICTED DEPOSITS 4188267 DUE FROM CITY AND COUNTY OF HONOLULU 968605 DUE FROM AOAO 692464 TENANT SECURITY DEPOSITS 208447 OTHER RECEIVABLES 257987 CONSTRUCTION IN PROGRESS 220319 6536089 REFUNDABLE CHARGES AND ADVANCES 465427 OTHER ACCRUED LIABLITIES 222463 TENANT SECURITY DEPOSITS 196836 PREPAID RENT 85702 ACCRUED PENSION CONTRIBUTION 14878 985306 X 2641695 220966 220966 2420729 24687 -124 24563 2445292 5260267 124 124 5260143 24687 24687 5284830 PART X, LINE 2: PACIFIC HOUSING ASSISTANCE CORPORATION (PHAC) IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PHAC'S AFFILIATES OTHER THAN PT2, PHK LLC, PHW LLC AND PMGP FILE THEIR OWN TAX RETURNS. PHAC 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 THE TECHNICAL MERITS OF THE POSITION. PHAC HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS IN FILED RETURNS THAT REQUIRE DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PHAC 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 ASSETS -124. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS 124. X X 0 0 0 0 0 0 0 0 0 AUDREY AWAYA ASSISTANT SECRETARY/EXEC. 169022 0 0 0 0 0 5131 0 7581 0 181734 0 0 0 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 INTERESTED PERSONS COVERED IN THE CONFLICT OF INTEREST POLICY INCLUDE ANY DIRECTOR, OFFICER, OR MEMBER OF A COMMITTEE OF THE ORGANIZATION WITH DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. AFTER DISCLOSURE AND ANY DISCUSSION, THE BOARD OF DIRECTORS SHALL DECIDE IF A CONFLICT EXISTS. IF A CONFLICT OF INTEREST EXISTS AND IF THE INTERESTED PERSON WISHES TO REMOVE THE CONFLICT, THE PRESIDENT MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE INTERESTED PERSON SHALL RECUSE THEMSELVES FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A A REASONABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THERE IS NO OTHER OFFICER OR KEY EMPLOYEE RECEIVING COMPENSATION. A COMPENSATION CONSULTANT HAS BEEN ENGAGED TO PROVIDE THE BOARD WITH RELEVANT DATA IN APPROVING A REASONABLE COMPENSATION AMOUNT FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR YEAR ADJUSTMENTS - ACQUISITION OF LP INTEREST 3,135,091. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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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 1 PACIFIC HOUSING OAHU CORPORATION - ELDERLY RESIDENCE 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 943270529 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS/ PERSONS WITH DISABILITIES HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 1 PHAC NO 1 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 1 PACIFIC HOUSING OAHU CORPORATION - KUPUNA AT WAIMANALO 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 990348173 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS/ PERSONS WITH DISABILITIES HI 501(C)(3) LINE 10 PACIFIC HOUSING ASSISTANCE CORPORATION 1 PACIFIC HOUSING OAHU CORPORATION - IWILEI RESIDENCE 888 IWILEI ROAD SUITE 200 HONOLULU HI 96817 300044764 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY PERSONS/ PERSONS WITH DISABILITIES HI 501(C)(3) LINE 7 PACIFIC HOUSING ASSISTANCE CORPORATION 1 PACIFIC HOUSING OAHU CORPORATION - 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