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Nonprofit · EIN 31-1688648

LIHUE COURT TOWNHOMES CORPORATION

Tax-exempt · HONOLULU, HI 96813

Financials

$2M$1.9M2023$2.1M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of LIHUE COURT TOWNHOMES CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,129,187$2,074,046$55,141$6,430,051$10,700,973-$4,270,922
December 31, 2023990$2,039,935$1,901,247$138,688$6,617,397$10,959,011-$4,341,614
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,037,955
Investment income
$36,124
Other revenue
$55,108

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$479,013
Salaries, compensation and benefits (total)
$575,210
Professional fundraising fees
$0
Legal fees
$1,049
Occupancy
$660,547
Travel
$588
Depreciation
$298,721
Program services (functional)
$2,008,046
Management and general (functional)
$66,000

Balance sheet and other

Total assets, start of year
$6,617,397
Total assets, end of year
$6,430,051
Total liabilities, end of year
$10,700,973
Net assets, end of year
-$4,270,922
Land, buildings and equipment
$5,596,140
Net assets without donor restrictions
-$4,270,922
Gross receipts
$2,129,187
Employees
11
Volunteers
10
Year formed
2000
State of legal domicile
HI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID NAKAMURAEXECUTIVE DIRECTOR
Officer
1.5$0$220,200$480
DEE DARBYPRESIDENT
Trustee or director, Officer
0.1$0$0$0
AARIN GROSSVICE PRESIDENT
Trustee or director, Officer
0.1$0$0$0
DEBORA HALBERTSECRETARY
Trustee or director, Officer
0.1$0$0$0
RYAN ARFMANTREASURER
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DEE DARBYPRESIDENT
Trustee or director, Officer
0.1$0
AARIN GROSSVICE PRESIDENT
Trustee or director, Officer
0.1$0
DEBORA HALBERTSECRETARY
Trustee or director, Officer
0.1$0
RYAN ARFMANTREASURER
Trustee or director, Officer
0.1$0

Address and contacts

Address (IRS master file)
900 FORT STREET MALL STE 1690, HONOLULU, HI 96813-3716
In care of
% DAVID NAKAMURA
Principal officer (990 for 2024)
DEE DARBY, 900 FORT STREET 1690, HONOLULU, HI 96813
Signed the 990
DAVID NAKAMURA, EXECUTIVE DIRECTOR
Phone
(808) 550-0804
Return prepared by
N&K CPAS INC

Mission

THE MISSION IS TO DEVELOP, OWN AND MANAGE MULTI-FAMILY RENTAL COMMUNITIES SERVING FAMILIES EARNING 20 TO 80 PERCENT OF MEDIAN INCOME. THE ORGANIZATION WILL ASSIST ITS TARGET FAMILIES TO BECOME MORE SELF SUFFICIENT THROUGH THE PROVISION OF AFFORDABLE RENTAL HOUSING, SUPPORT FOR ECONOMIC DEVELOPMENT ACTIVITIES AND SUPPORTIVE SERVICES AIMED AT ASSISTING RESIDENTS TO BUILD ASSETS, EARN INCOME AND IMPROVE THE QUALITY OF FAMILY LIFE AND THE ECONOMIC VITALITY OF THE SURROUNDING COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO DEVELOP, OWN AND MANAGE SAFE, QUALITY, PERMANENTLY AFFORDABLE HOUSING FOR A GROWING SEGMENT OF THE POPULATION WHICH CAN NO LONGER AFFORD A HOME. APPROXIMATELY 425 INDIVIDUALS BENEFITED.
    Expenses $2,008,046 · revenue $2,090,195

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1688648
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,430,051
Income (IRS master file)
$2,129,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,129,187$2,074,046$6,430,051XML
990December 2023$2,039,935$1,901,247$6,617,397XML
990December 2022$1,875,624$2,062,278$6,991,434IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1688648).

Questions about LIHUE COURT TOWNHOMES CORPORATION

What is the EIN of LIHUE COURT TOWNHOMES CORPORATION?
The employer identification number (EIN) of LIHUE COURT TOWNHOMES CORPORATION is 31-1688648.
Is LIHUE COURT TOWNHOMES CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to LIHUE COURT TOWNHOMES CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIHUE COURT TOWNHOMES CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIHUE COURT TOWNHOMES CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIHUE COURT TOWNHOMES CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIHUE COURT TOWNHOMES CORPORATION?
The 990 for the year ended December 31, 2024 names DEE DARBY.
Who are the officers and directors of LIHUE COURT TOWNHOMES CORPORATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LIHUE COURT TOWNHOMES CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,129,187, expenses of $2,074,046 and total assets of $6,430,051 at year end.

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