2025-08-05T20:20:36-05:00 2025-03-31 203557677 KELLER AND ASSOCIATES LLP 18645 SHERMAN WAY SUITE 110 RESEDA CA 91335 990 2024-04-01 990236613 PAPAALOA HOUSING INC PAPA 8089693327 688 KINOOLE STREET 102 HILO HI 96720 MARY BEGIER PRESIDENT 8089693327 2025-08-05 1 0 DAVID KELLER P00227750 8183833079 X 2024 2025-03-06 01:10:19Z MARY BEGIER 688 KINOOLE STREET 102 HILO HI 96720 48955 0 X N/A X 1984 HI TO PROVIDE AFFORDABLE HOUSING. 6 6 0 0 0 0 0 0 0 0 49377 48955 46848 0 96225 48955 0 0 0 0 0 0 0 0 0 1867 14151 1867 14151 94358 34804 3493504 3529508 2400 3600 3491104 3525908 TO PROVIDE AFFORDABLE HOUSING. 0 0 14151 48955 THE PURSUIT OF AFFORDABLE RENTAL HOUSING DEVELOPMENTS PRIMARILY LOCATED ON THE ISLAND OF HAWAII. FOR THE FISCAL YEAR ENDED 03/31/2024, THE ORGANIZATION OWNED A GENERAL PARTNER INTEREST IN PAPA'ALOA ELDERLY HOUSING LIMITED PARTNERSHIP, WHICH OWNS AND OPERATES A 20 UNIT AFFORDABLE HOUSING PROPERTY LOCATED IN PAPA'ALOA, HAWAII. 14151 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 8089693327 688 KINOOLE STREET 102 HILO HI 96720 X JEFF HAMILTON DIRECTOR 0.25 X 0 0 0 PHOEBE LAMBETH DIRECTOR 0.25 X 0 0 0 JOSEPH MARSH DIRECTOR 0.25 X 0 0 0 MARY BEGIER PRESIDENT 1.00 X 0 0 0 DONN MENDE VICE PRESIDENT 1.00 X 0 0 0 MARY BEGIER SECRETARY 1.00 X 0 0 0 CHAD HASEGAWA TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 48955 48955 48955 48955 0 0 1200 1200 1833 1833 REPAIRS AND MAINTENANCE 10662 10662 ADMINISTRATIVE EXPENSES 456 456 14151 14151 0 0 205588 191556 1081 3287916 3336871 3493504 3529508 2400 3600 2400 3600 X 3491104 3525908 3491104 3525908 3493504 3529508 34804 0 X 0 1 X 1 0 X 2329839 6256 1020000 3356095 48280 12514 60794 2378119 18770 1020000 3416889 0 0 0 3416889 20 27856 62565 49377 48955 188773 20 27856 62565 49377 48955 188773 4036 87 30 46848 51001 2382175 46713 1082595 96225 48955 3656663 0.93440 0.94780 0.05160 0.03800 X 0 NOTE RECEIVABLE FROM PAPA'ALOA ELDERLY HOUSING LIMITED PARTNERSHIP 3263639 INTEREST RECEIVABLE FROM PAPA'ALOA ELDERLY HOUSING LIMITED PARTNERSHIP 73232 3336871 X 48955 0 48955 0 48955 14151 0 14151 0 14151 PART X, LINE 2: THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) 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 ORGANIZATION'S TAX POSITIONS AS OF MARCH 31, 2025 AND FOR THE YEAR THEN ENDED BY REVIEWING THIS INFORMATIONAL TAX RETURN AND CONFERRING WITH THEIR TAX ADVISOR, AND DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS REVIEW THE INITIAL DRAFT OF THE ANNUAL 990. THE BOARD OF DIRECTORS REVIEW THE FINAL DRAFT AND AUTHORIZE THE RELEASE AND EFILING OF THE ANNUAL 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS ANNUALLY COMPLETE A DISCLOSURE AND COMPLIANCE FORM. THIS DISCLOSURE FORM INCLUDES AN AFFIRMATION THAT THE OFFICER OR DIRECTOR HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND INFORMATION ON ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST INVOLVING AN OFFICER OR A DIRECTOR. THE COMPLIANCE FORM SHALL ALSO CONTAIN AN AFFIRMATION THAT THE OFFICER OR DIRECTOR UNDERSTANDS THE ORGANIZATION IS CHARITABLE IN NATURE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPT STATUS IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH IT TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST