2025-05-27T18:41:59-05:00 2024-09-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-10-01 996009889 MAUI ECONOMIC OPPORTUNITY INC MAUI 8082492990 PO BOX 2122 KAHULUI HI 96733 DEBRA CABEBE SPHR/CHIEF EXECUTIVE OFFICER 8082492990 2025-05-27 1 0 RODNEY M HARANO P00389596 8085311040 2025-05-27 2023 2025-03-06 01:10:19Z DEBRA CABEBE PO BOX 2122 KAHULUI HI 96733 51125935 0 X HTTP://MEOINC.ORG/ X 1965 HI SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION. 21 21 274 337 6847 4171 20914821 49605112 163169 161728 -10628 944331 121954 44158 21189316 50755329 4921892 24227314 0 0 11747238 13005920 0 0 25 5292028 12767888 21961158 50001122 -771842 754207 30418696 49978057 3910290 22420904 26508406 27557153 X MAUI ECONOMIC OPPORTUNITY, INC (MEO) IS A PRIVATE, NON-PROFIT COMMUNITY ACTION AGENCY, CHARTERED ON MARCH 22, 1965 BY FEDERAL MANDATE UNDER PROVISIONS OF THE ECONOMIC OPPORTUNITY ACT OF 1964. THE AGENCY PROVIDES A COMPREHENSIVE SCOPE OF SERVICES TO THOSE IN NEED THROUGHOUT MAUI COUNTY AND ACROSS THE STATE OF HAWAII. THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES. 0 0 18859005 18107148 CRISIS AND EMERGENCY ASSISTANCE - PROVIDE HOUSING, UTILITY, VEHICLE, APPLIANCE, CLOTHING AND SCHOOL SUPPLY SUPPORT FOR FAMILIES WITH DEPENDENT CHILDREN IMPACTED BY THE WILDFIRES. FEDERALLY FUNDED THROUGH THE STATE DEPARTMENT OF HUMAN SERVICES. 10776548 13710 200 TRANSPORTATION SERVICES PROGRAM: PROVIDE TRANSPORTATION TO ELIMINATE BARRIERS AND PROMOTE SELF-SUFFICIENCY. INCREASE THE AVAILABILITY AND AFFORDABILITY OF OPPORTUNITIES FOR LOW-INCOME, PERSONS WITH SPECIAL NEEDS, SENIORS AND YOUTH THROUGH SOCIAL SERVICES TRANSPORTATION. APPROXIMATELY 5,058 PASSENGERS IN THE TARGET POPULATION (SENIORS, PERSONS WITH DISABILITIES, LOW INCOME INDIVIDUALS, CHILDREN AND YOUTH) TOOK TRIPS TO AND FROM NUTRITION SITES, SENIOR PROGRAMS, DAY HEALTH, DIALYSIS, AND AFTER SCHOOL PROGRAMS AND ACTIVITIES. THE NUMBER OF PASSENGERS' BOARDING INCLUDING ADA PARATRANSIT SERVICE TOTALED APPROXIMATELY 260,532. 6882611 51066 EMPLOYMENT AND TRAINING - ENHANCE EMPLOYMENT APPLICATION AND JOB SKILLS FOR LOW-INCOME AND LEGAL PERMANENT RESIDENTS. THE GOAL IS TO HELP CLIENTS FIND JOBS EARNING A LIVING WAGE. 11305181 6055390 182784 MEO BUSINESS DEVELOPMENT CENTER (MEO BDC) OFFERS BUSINESS PLANNING CLASSES AND CONSULTATION, FINANCIAL LITERACY, AND MICROLOANS FOR SMALL BUSINESS STARTUP OPERATIONS OR EXPANSION, AND AGRICULTURAL MICRO GRANTS FOR LOCAL OPERATING FARMS ON MAUI, MOLOKAI AND LANAI TO INCREASE THE FARM'S CAPACITY, PRODUCTIVITY, NAME RECOGNITION AND INCOME. 118 FARMS RECEIVED MICRO GRANT ASSISTANCE DURING THE FOURTH YEAR OF THE FUNDING.THE MEO BDC BUSINESS PLANNING OR CORE FOUR COURSE ASSISTED 124 BUSINESSES IN THE DEVELOPMENT OF A REALISTIC, ACHIEVABLE BUSINESS PLAN. THE FIVE-WEEK PROGRAM IS OFFERED THROUGHOUT THE YEAR ON MAUI, MOLOKAI, AND LANAI. 600 YOUTH TO ADULT ATTENDED FINANCIAL LITERACY CLASSES THAT FOCUSED ON INCREASING FINANCIAL HEALTH, INCLUDING SAVING, BUDGETING, LENDING AND INVESTMENT INFORMATION.EARLY CHILDHOOD SERVICES INCLUDES THE FEDERALLY FUNDED MEO HEAD START PRESCHOOL PROGRAM THAT PROVIDED COMPREHENSIVE SERVICES TO INCOME ELIGIBLE FAMILIES AND PROMOTES SCHOOL READINESS FOR CHILDREN AGES THREE TO FIVE YEARS OLD. COMPREHENSIVE SERVICES ARE PROVIDED TO ENROLLED CHILDREN AND THEIR FAMILIES, WHICH INCLUDE HEALTH, NUTRITION, SOCIAL, AND OTHER SERVICES DETERMINED TO BE NECESSARY BY THE FAMILY NEEDS ASSESSMENT. A TOTAL OF 185 CHILDREN AND 161 FAMILIES WERE SERVED BY THE PROGRAM DURING THE 2023-24 PROGRAM YEAR. EXTENDED DAY SERVICES AND SUMMER PROGRAM WERE PROVIDED WITH COUNTY RESOURCES.THE KAHI KAMALII INFANT AND TODDLER PROGRAM PROVIDES QUALITY EARLY CHILDHOOD SERVICES TO FAMILIES THAT ARE EMPLOYED FULL TIME. THE PROGRAM SERVES CHILDREN AGED 12 MONTHS TO 3 YEARS. THE GOAL OF THE PROGRAM IS TO PROVIDE CENTER-BASED CARE FOR YOUNG CHILDREN SO FAMILIES CAN SUCCESSFULLY OBTAIN AND MAINTAIN SELF- SUFFICIENCY. THE PROGRAM IS SUPPORTED BY THE COUNTY OF MAUI.OTHER PROGRAM SERVICES INCLUDE EVIDENCE BASED YOUTH PREVENTION PROGRAMS, BUSINESS PLAN CLASSES AND TECHNICAL ASSISTANCE, MICROLOANS, REINTEGRATION SUPPORT SERVICES, HISPANIC ACCULTURATION SERVICES, WEATHERIZATION, LIHEAP PROGRAMS, THE SENIOR FARMERS MARKET NUTRITION PROGRAM, AND COMMUNITY SERVICES BLOCK GRANT THAT FUNDS AGENCY-WIDE ADMINISTRATION AND PROGRAMS THAT SUPPORT LOW INCOME INDIVIDUALS AND FAMILIES.HIGHLIGHTS FOR THE FISCAL YEAR INCLUDED IN AUGUST 2023, THE ISLAND OF MAUI EXPERIENCED DESTRUCTIVE WILDFIRES THAT IMPACTED SEVERAL COMMUNITIES ON THE ISLAND. MEO OPERATES IN THESE COMMUNITIES AND FORTUNATELY FOR MEO, MEO DID NOT EXPERIENCE MATERIAL DAMAGE TO ITS PROPERTY AND EQUIPMENT. SINCE THE FIRES, MEO HAS BEEN AT THE FOREFRONT IN SUPPORT OF THE COMMUNITIES ON MAUI. MEO IS WORKING WITH FEDERAL, STATE OF HAWAII, COUNTY OF MAUI, PRIVATE AND PUBLIC AGENCIES TO HELP THE PEOPLE OF MAUI. WORKING WITH THESE AGENCIES, MEO HAS IMPLEMENTED PROGRAMS THAT PROVIDE TRANSPORTATION, TRANSITIONAL HOUSING, JOBS, AND TEMPORARY ASSISTANCE FOR VEHICLE, UTILITY, CLOTHING AND SCHOOL SUPPLY PAYMENTS, BUSINESS GRANTS IN SUPPORT OF THE PEOPLE OF MAUI. 11305181 6055390 182784 47823345 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 0 0 0 1 760 0 1 274 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 HI X X WIL TORRICER 8082492990 99 MAHALANI STREET WAILUKU HI 96793 CAROL REIMANN DIRECTOR/PRESIDENT/PAST VICE PRESIDENT 1.00 X X 0 0 0 BARD PETERSON DIRECTOR/VICE PRESIDENT/PAST PRESIDENT 1.00 X X 0 0 0 CLIFFORD ALAKAI DIRECTOR/TREASURER 1.00 X X 0 0 0 ARLEEN GERBIG DIRECTOR/SECRETARY 1.00 X X 0 0 0 ADELE RUGG DIRECTOR 0.50 X 0 0 0 DAWN BICOY DIRECTOR 0.50 X 0 0 0 GLENN YAMASAKI DIRECTOR 0.50 X 0 0 0 REUBEN IGNACIO DIRECTOR 0.50 X 0 0 0 CYNTHIA LALLO DIRECTOR 0.50 X 0 0 0 EDWARD NED DAVIS DIRECTOR 0.50 X 0 0 0 ALVIN KAI PELAYO DIRECTOR 0.50 X 0 0 0 SANDY RYAN DIRECTOR 0.50 X 0 0 0 SCOTT OKADA DIRECTOR 0.50 X 0 0 0 GABE JOHNSON DIRECTOR 0.50 X 0 0 0 DESIREE TING DIRECTOR 0.50 X 0 0 0 DAVID RAATZ DIRECTOR 0.50 X 0 0 0 GEMMA MEDINA DIRECTOR 0.50 X 0 0 0 TESSIE SEGUI DIRECTOR 0.50 X 0 0 0 MELINDA LUZ BOLO DIRECTOR 0.50 X 0 0 0 CAITLIN MUSSON DIRECTOR 0.50 X 0 0 0 EMMANUEL BALTAZAT DIRECTOR 0.50 X 0 0 0 DEBRA CABEBE CHIEF EXECUTIVE OFFICER 55.00 X 121282 0 6727 GAY SIBONGA CHIEF OPERATIONS OFFICER 55.00 X 95217 0 5723 CLIFFORD CAESAR FORMER CHIEF HUMAN RESOURCES OFFICER 55.00 X 59186 0 3199 MAGGIE BATANGAN CHIEF ADMINISTRATIVE OFFICER 55.00 X 0 0 0 MONICA TAKAMURA FORMER CHIEF FISCAL OFFICER 55.00 X 81528 0 5301 JULIE STRONG CHIEF FISCAL OFFICER 55.00 X 0 0 0 357213 0 20950 1 0 0 0 0 2551 41427318 8175243 49605112 PROGRAM INCOME 900099 155559 155559 MICRO LOAN PROGRAM 900099 5769 5769 TRANSPORTATION 485000 200 200 LOAN FEES 900099 200 200 161728 929010 929010 86206 63304 22902 22902 6847 16055 322623 306197 1105 16426 -1105 15321 15321 OTHER 900099 21256 21256 21256 50755329 182984 6847 960386 X 24227314 24227314 433643 378080 55563 9949289 8676705 1272584 250632 218538 32094 1617522 1410739 206783 754834 658172 96662 28250 28250 48121 48121 31304 31304 12616 12616 7112792 6932278 180514 861684 794171 67513 637963 596125 41838 96773 84503 12248 22 4513 4513 1356209 1344608 11601 704757 664411 40346 REPAIR AND MAINTENANCE 904137 892496 11641 GAS AND OIL 708557 708557 TRAINING 136264 132505 3759 MISCELLANEOUS EXPENSES 123948 99630 24315 3 50001122 47823345 2177752 25 2491898 1204070 2023326 18831464 1658813 4513196 95158 137225 70330 32563 448078 311473 38180746 15879154 21702302 22301592 1540895 1897048 387896 749426 30418696 49978057 963688 2692155 2418950 18855899 26249 67509 113300 63300 388103 742041 3910290 22420904 X 14928039 15791550 11580367 11765603 26508406 27557153 30418696 49978057 754207 294540 0 X X 0 1 X 1 1 1 X 19606381 25697881 18497233 20914821 49605112 134321428 19606381 25697881 18497233 20914821 49605112 134321428 134321428 120318 111355 148594 141785 1008369 1530421 1412 4171 5583 70946 23898 33686 28390 21256 178176 136035608 1109000 0.98740 0.99070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2019 AMOUNT: $ 70,946. 2020 AMOUNT: $ 23,898. 2021 AMOUNT: $ 33,686. 2022 AMOUNT: $ 28,390. 2023 AMOUNT: $ 21,256. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31304 31304 47792041 47823345 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 31250 31250 31250 31250 125000 250000 250000 250000 250000 1000000 1500000 12528514 12528514 7737013 6216514 1520499 10104023 8301420 1802603 7811196 1361220 6449976 22301592 RIGHT OF USE LIABILITY 742041 742041 X 51310949 294540 394523 689063 50621886 12616 120827 133443 50755329 50447438 394523 64409 458932 49988506 12616 12616 50001122 PART X, LINE 2: U.S. GAAP REQUIRES 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 MEO'S TAX POSITIONS AS OF SEPTEMBER 30, 2024 AND 2023 AND FOR THE YEARS THEN ENDED AND DETERMINED THAT MEO HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. MEO IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -63,304. LOSS ON DISPOSITION OF ASSETS -1,105. INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS 185,236. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 1,105. RENTAL EXPENSES 63,304. 1 CRISIS AND EMERGENCY ASSISTANCE 7859 18071246 0 N/A N/A TRANSPORTATION 472 13710 0 N/A N/A EMPLOYMENT AND TRIANING 362 51066 0 N/A N/A ECONOMIC DEVELOPMENT 724 5891046 0 N/A N/A EARLY CHILDHOOD SERVICES 346 33981 0 N/A N/A OTHER FEDERAL PROGRAMS 1581 106002 0 N/A N/A REINTEGRATION 35 59183 0 N/A N/A ENLACE HISPANO PROGRAM 407 1080 0 N/A N/A PART I, LINE 2: SCHEDULE I, PAGE 1, PART 1, LINE 2: FILES ARE MAINTAINED FOR EACH CLIENT WHICH DETAILS ELIGIBILITY REQUIREMENTS, TRACKS ASSISTANCE AMOUNTS, AND FOLLOW UP DOCUMENTATION. PROGRAM AND FINANCIAL POLICIES AND PROCEDURES ARE ESTABLISHED TO ENSURE GRANT COMPLIANCE. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE COMPLETED ANNUALLY AFTER THE AUDIT IS COMPLETED. THE RETURN WILL BE REVIEWED BY THE FINANCE COMMITTEE PRIOR TO PROVIDING IT TO THE BOARD MEMBERS. AFTER RESOLVING ANY QUESTIONS OR UPDATES, THE FORM WILL BE PRESENTED TO THE BOARD MEMBERS TO APPROVE FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS DISCLOSE ANNUALLY ANY POSSIBLE CONFLICTS OF INTEREST BY COMPLETING A "CONFLICT OF INTEREST POLICY" STATEMENT. THE POLICY IS DISCUSSED AT THE ANNUAL BOARD TRAINING FOR NEW & RETURNING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 IT IS MEO'S POLICY TO PAY EMPLOYEES IN ACCORDANCE WITH ESTABLISHED SALARY RANGES AND BASED ON THEIR SKILL, PERFORMANCE AND EXPERIENCE IN THE LABOR MARKET. WE MONITOR PAY RATES OF NON-PROFITS AND STRIVE TO PROVIDE COMPETITIVE PAY RATES FOR OUR EMPLOYEES. IN ACCORDANCE WITH MEO'S STRATEGIC PLAN, WE CONDUCT A FORMAL WAGE STUDY ON A BI-ANNUAL BASIS. THE LAST STUDY WAS CONDUCTED IN JULY 2022. CEO'S COMPENSATION IS BASED ON WHAT OTHER NON PROFIT DIRECTORS ARE PAID IN THE STATE. THE WAGE DATA IS PUBLISHED ANNUALLY IN THE PACIFIC BUSINESS NEWS. INFORMATION LISTED IN THE PUBLICATION IS BASED ON THE PREVIOUS YEAR'S EARNINGS. IT LISTS THE NAME OF THE ORGANIZATION, MISSION OR PURPOSE, THE NAME OF THE TOP EXECUTIVE, THE ORGANIZATION'S OPERATING BUDGET, TOTAL NUMBER OF EMPLOYEES AND THE EXECUTIVE'S ANNUAL SALARY. ONCE DATA IS COLLECTED IT IS GIVEN TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH INCLUDES THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER AND SIX OTHER MEMBERS. THIS COMMITTEE EVALUATES THE CEO AND UTILIZES THE WAGE STUDY INFORMATION TO MAKE A SALARY RECOMMENDATION TO THE FULL BOARD. THE FULL BOARD MUST APPROVE THE CEO'S SALARY RATES. OTHER STAFF SALARIES ARE ESTABLISHED BASED ON WAGE STUDIES COMPARING SIMILAR TYPE OF POSITIONS AND RESPONSIBILITIES. FINAL APPROVAL FOR STAFF SALARY RANGES (OTHER THAN THE CEO'S) MUST BE APPROVED BY THE CEO. THE PROCESS FOR THE CEO COMPENSATION IS DOCUMENTED IN THE BOARD OF DIRECTORS MANUAL AND MINUTES WHEN AN ADJUSTMENT IS APPROVED. ALL OTHER STAFF COMPENSATION DETERMINATION PROCESS IS DOCUMENTED AS A GENERAL OVERVIEW IN THE MEO EMPLOYEE HANDBOOK, PERSONNEL MEMO, AND HUMAN RESOURCES PROCEDURES. SALARY RANGES ARE ESTABLISHED AND MAINTAINED BY HUMAN RESOURCES AND DOCUMENTED ON AN APPROVED SALARY RANGE SCHEDULE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S MAIN OFFICE LOCATED AT 99 MAHALANI STREET, WAILUKU, HI 96793. INFORMATION STATING THAT THE DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE LOCATION IS ON THE ORGANIZATION'S WEBSITE AT WWW.MEOINC.ORG. INFORMATION IS ALSO AVAILABLE ON GUIDESTAR. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 6,932,278. MANAGEMENT AND GENERAL EXPENSES 180,514. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,112,792. 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.