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Nonprofit · EIN 47-1646700

WAIANAE ECONOMIC DEVELOPMENT COUNCIL

Tax-exempt (reinstated) · WAIANAE, HI 96792

Financials

$1.4M$1.3M2022$898K$869K2023
Revenue Expenses · by fiscal year end
Financials of WAIANAE ECONOMIC DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$898,437$868,708$29,729$274,194$72,867$201,327
September 30, 2023990$1,380,251$1,310,355$69,896$297,929$205,684$92,245
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$841,042
of which government grants
$642,114
Program service revenue
$18,684
Investment income
$0
Other revenue
$38,711

Expenses

Grants and similar amounts paid
$1,544
Compensation of officers, directors and key employees
$91,044
Other salaries and wages
$301,898
Salaries, compensation and benefits (total)
$455,495
Professional fundraising fees
$38,925
Accounting fees
$3,694
Occupancy
$8,599
Travel
$36,850
Program services (functional)
$588,905
Management and general (functional)
$227,350
Fundraising (functional)
$52,453

Balance sheet and other

Total assets, start of year
$297,929
Total assets, end of year
$274,194
Total liabilities, end of year
$72,867
Net assets, end of year
$201,327
Gross receipts
$898,437
Employees
11
Volunteers
24
Year formed
2014
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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOSEPH W LAPILIO IIICEO/PRESIDEN
Trustee or director, Officer
40$86,312$3,732
ANNIE FERREIRATREASURER
Trustee or director, Officer
1$450$0
VERNA LANDFORD-BRIGHTSECRETARY
Trustee or director, Officer
1$300$0
GEORGIANNA NAVARRODIRECTOR
Trustee or director
1$300$0
STEPHANIE KAWELODIRECTOR
Trustee or director
1$150$0
DANIEL GOMESVICE PRESIDE
Trustee or director, Officer
1$0$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
JOSEPH W LAPILIO IIICEO/PRESIDEN
Trustee or director, Officer
40$86,284$3,732
ANNIE FERREIRASECRETARY &
Trustee or director, Officer
1$2,500$0
DANIEL GOMESVICE PRESIDE
Trustee or director, Officer
1$1,700$0
STEPHANIE KAWELODIRECTOR
Trustee or director
1$1,400$0
GEORGIANNA NAVARRODIRECTOR
Trustee or director
1$500$0
VERNA BRIGHTDIRECTOR
Trustee or director
1$400$0

Address and contacts

Address (IRS master file)
PO BOX 194, WAIANAE, HI 96792-0194
In care of
% JOSEPH W LAPILIO III
Mailing address (990-N for 2019)
87-151 Liliana St, Waianae HI 96792
Principal officer (990 for 2023)
JOSEPH W LAPILIO III, PO BOX 194, WAIANAE, HI 96792
Principal officer (990-N for 2019)
JOSEPH W LAPILIO III, 87151 LILIANA ST, WAIANAE HI 96792
Signed the 990
JOSEPH W LAPILIO III, CEO/PRESIDENT
Phone
(808) 460-7922
Return prepared by
CARBONARO CPAS & MANAGEMENT GROUP

Mission

INCREASE OPPORTUNITIES FOR WAIANAE COAST RESIDENTS BY DEVELOPING THE COMMUNITY'S RICH NATURAL, CULTURAL AND HUMAN RESOURCES.

990 for the year ended September 30, 2024

Program accomplishments

  • MAOLIPRENEUR IS A 3-MONTH COHORT AIMED TO ASSIST NATIVE HAWAIIAN BUSINESS OWNERS LIVING ON THE WEST COAST OF O'AHU, BUILD SUSTAINABLE AND PROFITABLE BUSINESSES. THE PROGRAM CONSISTS OF 8 WORKSHOPS, AN ACCOUNTABILITY GROUP, AND 1:1 BUSINESS COACHING. THE PROGRAM IS STRATEGICALLY STRUCTURED SO THAT THE PARTICIPANTS HAVE TIME TO ACTIVELY IMPLEMENT CONCEPTS LEARNED THROUGH THE WORKSHOPS AND COACHING SESSIONS. EVERY WORKSHOP IS TAUGHT WITH A PROVEN BUSINESS CONCEPT THAT IS CONNECTED TO A HAWAIIAN CULTURAL PRINCIPLE, THROUGH MO'OLELO (HAWAIIAN STORIES). WITH ALL CONCEPTS LEARNED IN THE PROGRAM, BUSINESS OWNERS INCREASE THEIR SKILLS OF OPERATING A BUSINESS THAT CAN THRIVE EVEN THROUGH TIMES OF DISASTER. AFTER THE PROGRAM, BUSINESS OWNERS WILL EXPERIENCE A HIGHER PROFIT MARGIN AND AN INCREASE IN REVENUE. ACCOMPLISHMENTS: CONVENED 2 COHORTS, 35 PARTICIPANTS TOTAL.
    Expenses $330,501 · grants $1,544 · revenue $23,577
  • E MAU KE A'O IS A HAWAIIAN CULTURE-BASED ENTREPRENEURSHIP WORKSHOP SERIES FOR CULTURAL PRACTITIONERS. THE PROGRAM PROVIDES THEM WITH THE TECHNICAL ASSISTANCE NEEDED TO CREATE ONLINE LEARNING CONTENT. THIS RESULTS IN BUILDING PRACTITIONER CAPACITY TO CREATE A SELF-SUSTAINING BUSINESS THROUGH THEIR CULTURAL PRACTICE WHILE ALSO INCREASING PUBLIC ACCESS TO CULTURAL KNOWLEDGE THROUGH ONLINE PLATFORMS. AT THE COMPLETION OF THE PROGRAM, PARTICIPANTS WILL: SET UP A LEGAL ENTITY, PREPARE CULTURAL CONTENT FOR AN IN-PERSON AND ONLINE AUDIENCE, BUILD CONTENT FOR ONLINE MODULES, PERPETUATE THEIR KNOWLEDGE FOR FUTURE GENERATIONS, AND BUILD NEW REVENUE STREAMS THROUGH THEIR PRACTICE. ACCOMPLISHMENTS: CONVENED 1 COHORT, WITH 27 PARTICIPANTS TOTAL.
    Expenses $212,998
  • FINANCIAL LO'I IS OUR FINANCIAL LITERACY PROGRAM. IT CONTAINS A WORKSHOP SERIES THAT WAS CREATED TO HELP NATIVE HAWAIIAN FAMILIES CONNECT TO PERSONAL FINANCES THROUGH CULTURAL CONCEPTS AND MO'OLELO, OR STORIES. DELIVERING FINANCIAL AND BUSINESS CONCEPTS THROUGH A CULTURAL LENS, IMPROVES RETENTION AND IMPACT OF DIFFICULT AND OFTEN NEW MATERIAL. PARTICIPANTS CAN CONNECT TO THE CONTENT AND APPLY THE CURRICULUM IN A WAY THAT WILL AFFECT BEHAVIOR AND PERSPECTIVE IN A POSITIVE MANNER. ACCOMPLISHMENTS: CONVENED 6 WORKSHOP SERIES, WITH 113 PARTICIPANTS TOTAL.
    Expenses $45,406

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026Not on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
47-1646700
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$274,194
Income (IRS master file)
$898,437

Revocation and reinstatement

Exemption revoked
May 15, 2019
Posted by the IRS
August 12, 2019
Reinstated
Effective May 15, 2019

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$898,437$868,708$274,194XML
990September 2023$1,380,251$1,310,355$297,929XML
990September 2022$598,989$600,924$203,557IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: JOSEPH W LAPILIO III
December 31, 2019≤ $50,000 receipts––e-Postcard

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 47-1646700).

Questions about WAIANAE ECONOMIC DEVELOPMENT COUNCIL

What is the EIN of WAIANAE ECONOMIC DEVELOPMENT COUNCIL?
The employer identification number (EIN) of WAIANAE ECONOMIC DEVELOPMENT COUNCIL is 47-1646700.
Is WAIANAE ECONOMIC DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
Are donations to WAIANAE ECONOMIC DEVELOPMENT COUNCIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WAIANAE ECONOMIC DEVELOPMENT COUNCIL 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 WAIANAE ECONOMIC DEVELOPMENT COUNCIL due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAIANAE ECONOMIC DEVELOPMENT COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of WAIANAE ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended September 30, 2024 names JOSEPH W LAPILIO III.
Who are the officers and directors of WAIANAE ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended September 30, 2024 lists 6 people; 5 received compensation from the organization, the highest $86,312 (JOSEPH W LAPILIO III, CEO/PRESIDEN).
How much revenue does WAIANAE ECONOMIC DEVELOPMENT COUNCIL have?
On its 990 for the year ended September 30, 2024 it reported revenue of $898,437, expenses of $868,708 and total assets of $274,194 at year end.

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