2025-08-21T18:09:06-05:00 2025-06-30 203557677 KELLER AND ASSOCIATES LLP 18645 SHERMAN WAY SUITE 110 RESEDA CA 91335 990 2024-07-01 990296660 WAIMEA HOUSING FOUNDATION INC WAIM 8089693327 688 KINOOLE STREET 102 HILO HI 96720 MARY BEGIER PRESIDENT 8089693327 2025-08-21 1 0 DAVID KELLER P00227750 8183833079 X 2024 2025-03-06 01:10:19Z MARY BEGIER 688 KINOOLE STREET 102 HILO HI 96720 295824 0 X N/A X 1992 HI TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 7 7 0 7 0 0 151073 142097 142882 146062 131 102 11549 7563 305635 295824 0 0 0 0 93748 71191 0 0 0 308081 385073 401829 456264 -96194 -160440 1658826 1591509 30936 124059 1627890 1467450 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 0 0 416454 295824 ALL 39 UNITS WERE OCCUPIED BY ELDERLY INDIVIDUALS WHO ARE 62 AND OLDER FOR THE YEAR ENDED JUNE 30, 2025. 416454 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 0 0 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BIG ISLAND HOUSING FOUNDATION 8089693327 688 KINOOLE STREET SUITE 102 HILO HI 96720 X MARY BEGIER PRESIDENT 2.00 X X 0 0 0 DONN MENDE VICE PRESIDENT 1.00 X X 0 0 0 MARY BEGIER SECRETARY 1.00 X X 0 0 0 CHAD HASEGAWA TREASURER 1.00 X X 0 0 0 JEFF HAMILTON DIRECTOR 1.00 X 0 0 0 SUSAN KUNZ DIRECTOR 1.00 X 0 0 0 PHOEBE LAMBETH DIRECTOR 1.00 X 0 0 0 JOSEPH MARSH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 142097 142097 RENTAL REVENUES 531110 146062 146062 146062 102 102 TENANT CHARGES 5220 5220 LAUNDRY INCOME 2343 2343 7563 295824 153727 0 0 51727 51727 14421 14421 5043 5043 24015 24015 7295 7295 8756 256 8500 5361 5361 109279 109279 89923 89923 REPAIRS AND MAINTENANCE 74471 74471 UTILITIES 36896 36896 GARBAGE AND TRASH REMOV 14995 14995 RENT FREE UNIT 7800 7800 6282 6282 456264 416454 39810 0 3582 200 17158 22959 48581 4090900 2964150 1236029 1126750 402057 393019 1658826 1591509 17000 25500 13936 98559 30936 124059 X 1627890 1467450 1627890 1467450 1658826 1591509 -160440 0 X 0 1 X 1 1 1 X 174192 171708 156006 151073 142097 795076 130519 139940 143211 142882 146062 702614 304711 311648 299217 293955 288159 1497690 0 0 0 1497690 118 124 125 131 102 600 3524 3801 3827 11549 7563 30264 308353 315573 303169 305635 295824 1528554 0.97980 0.98210 0.00000 X 4045188 2940731 1104457 45712 23419 22293 1126750 ADVANCES FROM REPLACEMENT RESERVES TO BE REPLENISHED 83421 REPLACEMENT RESERVES 245857 RESIDUAL RECEIPTS RESERVE 49426 TAX AND INSURANCE ESCROW 2539 TENANT SECURITY DEPOSITS 11776 393019 PREPAID RENT 3362 REPLACEMENT RESERVE RESTORATION OBLIGATION PAYABLE 83421 TENANT SECURITY DEPOSITS PAYABLE 11776 98559 295824 0 295824 0 295824 456264 0 456264 0 456264 FORM 990, PART IV, LINE 11F: THE FOUNDATION IS CLASSIFIED AS A TAX EXEMPT FOUNDATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE FOUNDATION TAX POSITIONS AS OF JUNE 30, 2025 AND FOR THE THEN ENDED BY REVIEWING ITS INCOME TAX RETURNS AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSTIIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS REVIEWS THE INITIAL DRAFT OF THE ANNUAL 990. THE BOARD OF DIRECTORS REVIEWS THE FINAL DRAFT AND AUTHORIZES THE RELEASE OF THE ANNUAL 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRE ALL DIRECTORS AND OFFICERS ANNUALLY COMPLETE A DISCLOSURE AND COMPLIANCE FORM. THE DISCLOSURE FORM SHALL INCLUDE THAT AN AFFIRMATION THAT THE DIRECTOR OR OFFICER HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND INFORMATION ON ALL OR ACTUAL POTENTIAL CONFLICTS OF INTEREST INVOLVING A DIRECTOR OR OFFICER. THE COMPLIANCE FORM SHALL ALSO CONTAIN AN AFFIRMATION THAT THE DIRECTOR OR OFFICER UNDERSTANDS THE CORPORATION IS CHARITABLE IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TACX-EXEMPT PURPOSES. 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.