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Nonprofit · EIN 99-0226377

MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB

Tax-exempt · KIHEI, HI 96753

Financials

$6.8M$5.7M2022$13.3M$13M2023$9.1M$8M2024
Revenue Expenses · by fiscal year end
Financials of MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,107,509$8,025,809$1,081,700$15,326,384$8,568,555$6,757,829
June 30, 2024990$13,315,928$12,964,989$350,939$13,085,003$7,411,981$5,673,022
June 30, 2023990$6,751,092$5,668,592$1,082,500$12,120,139$6,805,576$5,314,563
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,444,201
of which government grants
$4,296,671
Membership dues
$59,700
Program service revenue
$1,533,146
Investment income
-$6,425
Net rental income
$148,666
Net gain from sales of assets
-$114,221
Net income from fundraising events
-$18,465
Other revenue
$136,587

Expenses

Grants and similar amounts paid
$662,279
Compensation of officers, directors and key employees
$257,806
Other salaries and wages
$1,634,924
Salaries, compensation and benefits (total)
$2,321,816
Professional fundraising fees
$0
Accounting fees
$32,215
Occupancy
$94,214
Travel
$170,097
Depreciation
$39,669
Program services (functional)
$7,380,847
Management and general (functional)
$517,912
Fundraising (functional)
$127,050

Balance sheet and other

Total assets, start of year
$13,085,003
Total assets, end of year
$15,326,384
Total liabilities, end of year
$8,568,555
Net assets, end of year
$6,757,829
Land, buildings and equipment
$6,543,443
Publicly traded securities
$207,878
Net assets without donor restrictions
$5,458,768
Net assets with donor restrictions
$1,299,061
Gross unrelated business income
$88,748
Gross receipts
$10,080,321
Employees
36
Volunteers
457
Year formed
1982
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LESLIE WILKINSPRESIDENT AND CEO
Trustee or director, Officer
40$147,572$36,093
MICHELLE COCCACHIEF FINANCIAL OFFICER
Officer
40$120,299$10,448
TIARE MARTINBOARD CHAIR
Trustee or director, Officer
1$0$0
CURTIS TOMVICE CHAIR
Trustee or director, Officer
0.5$0$0
DEANNA GARCIASECRETARY
Trustee or director, Officer
0.5$0$0
ROBERT KAWAHARATREASURER
Trustee or director, Officer
1$0$0
DWAYNE BETSILLDIRECTOR
Trustee or director
0.25$0$0
RYAN CHURCHILLDIRECTOR
Trustee or director
0.25$0$0
JERRY CORNELLDIRECTOR
Trustee or director
0.25$0$0
NED DAVISDIRECTOR
Trustee or director
0.25$0$0
ROSIE DAVISDIRECTOR
Trustee or director
0.25$0$0
LISA FRANKFORD FORMERLY THOMPSONDIRECTOR
Trustee or director
0.25$0$0
RYAN FUKUSHIMADIRECTOR
Trustee or director
0.25$0$0
DAVID LASSNERDIRECTOR
Trustee or director
0.25$0$0
MIKE MABERRYDIRECTOR
Trustee or director
0.25$0$0
12 more people on this return
NameTitleHours / weekCompensation
DR RONALD CHRIS MARTINDIRECTOR
Trustee or director
0.25$0
ERIC MATSUDADIRECTOR
Trustee or director
0.25$0
J SCOTT MEIDELLDIRECTOR
Trustee or director
0.25$0
SAEDENE OTADIRECTOR
Trustee or director
0.25$0
ELLI PASCUADIRECTOR
Trustee or director
0.25$0
LISA PAULSONDIRECTOR
Trustee or director
0.25$0
CAROL REIMANNDIRECTOR
Trustee or director
0.25$0
RICK VOLNER JRDIRECTOR
Trustee or director
0.25$0
MAILE WONGDIRECTOR
Trustee or director
0.25$0
GRANT CHUNFORMER DIRECTOR
Trustee or director
0.25$0
LISA TOMIHAMAFORMER DIRECTOR
Trustee or director
0.25$0
PAMELA TUMPAPFORMER DIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensationOther / benefits
LESLIE WILKINSPRESIDENT & CEO
Trustee or director, Officer
40$134,853$27,173
MICHELLE COCCACHIEF FINANCIAL OFFICER
Officer
40$97,200$9,976
TIARE MARTINCHAIR
Trustee or director, Officer
0.3$0$0
CURTIS TOMVICE CHAIR
Trustee or director, Officer
0.3$0$0
DEANNA GARCIASECRETARY
Trustee or director, Officer
0.3$0$0
ROBERT KAWAHARATREASURER
Trustee or director, Officer
0.3$0$0
ROZ ROSALYN BAKERDIRECTOR
Trustee or director
0.1$0$0
DWAYNE BETSILLDIRECTOR
Trustee or director
0.1$0$0
GRANT CHUNDIRECTOR
Trustee or director
0.3$0$0
RYAN CHURCHILLDIRECTOR
Trustee or director
0.3$0$0
JERRY CORNELLDIRECTOR
Trustee or director
0.1$0$0
NED DAVISDIRECTOR
Trustee or director
0.1$0$0
ROSIE DAVISDIRECTOR
Trustee or director
0.1$0$0
RYAN FUKUSHIMADIRECTOR
Trustee or director
0.1$0$0
DAVID LASSNERDIRECTOR
Trustee or director
0.1$0$0
MICHAEL MABERRYDIRECTOR
Trustee or director
0.1$0$0
ERIC MATSUDADIRECTOR
Trustee or director
0.1$0$0
J SCOTT MEIDELLDIRECTOR
Trustee or director
0.1$0$0
SAEDENE OTADIRECTOR
Trustee or director
0.3$0$0
ELLI PASCUADIRECTOR
Trustee or director
0.1$0$0
LISA PAULSONDIRECTOR
Trustee or director
0.1$0$0
CAROL REIMANNDIRECTOR
Trustee or director
0.1$0$0
LISA TOMIHAMADIRECTOR
Trustee or director
0.3$0$0
PAM TUMPAPDIRECTOR
Trustee or director
0.3$0$0
RICK VOLNERDIRECTOR
Trustee or director
0.1$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
LESLIE WILKINSPRESIDENT & CEO
Trustee or director, Officer
40$138,000$16,861
TIARE MARTINCHAIR
Trustee or director, Officer
0.3$0$0
CURTIS TOMVICE CHAIR
Trustee or director, Officer
0.3$0$0
DEANNA GARCIASECRETARY
Trustee or director, Officer
0.3$0$0
ROBERT KAWAHARATREASURER
Trustee or director, Officer
0.3$0$0
ROZ ROSALYN BAKERDIRECTOR
Trustee or director
0.1$0$0
DWAYNE BETSILLDIRECTOR
Trustee or director
0.1$0$0
GRANT CHUNDIRECTOR
Trustee or director
0.3$0$0
RYAN CHURCHILLDIRECTOR
Trustee or director
0.3$0$0
JERRY CORNELLDIRECTOR
Trustee or director
0.1$0$0
NED DAVISDIRECTOR
Trustee or director
0.1$0$0
LISA TOMIHAMADIRECTOR
Trustee or director
0.3$0$0
DAVID LASSNERDIRECTOR
Trustee or director
0.1$0$0
ERIC MATSUDADIRECTOR
Trustee or director
0.1$0$0
RYAN FUKUSHIMADIRECTOR
Trustee or director
0.1$0$0
J SCOTT MEIDELLDIRECTOR
Trustee or director
0.1$0$0
SAEDENE OTADIRECTOR
Trustee or director
0.3$0$0
LISA PAULSONDIRECTOR
Trustee or director
0.1$0$0
CAROL REIMANNDIRECTOR
Trustee or director
0.1$0$0
ELLI PASCUADIRECTOR
Trustee or director
0.1$0$0
PAM TUMPAPDIRECTOR
Trustee or director
0.3$0$0
RICK VOLNERDIRECTOR
Trustee or director
0.1$0$0
ROSIE DAVISDIRECTOR
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
1305 N HOLOPONO ST STE 1, KIHEI, HI 96753-6916
Principal officer (990 for 2024)
LESLIE WILKINS, 1305 N HOLOPONO STREET STE 1, KIHEI, HI 96753
Signed the 990
LESLIE WILKINS, PRESIDENT & CEO
Phone
(808) 875-2300
Return prepared by
CW ASSOCIATES CPAS

Mission

MEDB LEADS AND INSPIRES INNOVATION IN BUSINESS, EDUCATION, AND OUR COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • BUSINESS DEVELOPMENT/OUTREACH/TECHNICAL ASSISTANCE:THE ORGANIZATION TARGETS AND ASSISTS EXISTING AND EMERGING BUSINESSES IN INFORMATION TECHNOLOGY, ENGINEERING, AEROSPACE, ASTRONOMY/OPTICS, RENEWABLE ENERGY, HEALTHCARE, AGRI-TECHNOLOGY AND SMALL BUSINESSES. THESE SECTORS PROVIDE OPPORTUNITIES TO STRENGTHEN AND BROADEN THE ECONOMY AND GENERATE ACTIVITIES THAT OFFER NEW CAREER OPTIONS FOR RESIDENTS. BUSINESS DEVELOPMENT STRATEGIES INCLUDE ONE-ON-ONE CONSULTATIONS, TECHNICAL CONFERENCES, PUBLIC AWARENESS TOOLS, AND EXHIBITIONS.
    Expenses $4,133,800 · grants $662,279 · revenue $1,539,532
  • EDUCATION AND WORKFORCE DEVELOPMENT: MEDB'S EDUCATION TO WORKFORCE PIPELINE PROGRAMS SPAN KINDERGARTEN TO CAREERS. OUR ORIGINAL AND SIGNATURE PROGRAMS UNDER STEMWORKS(TM) SEEK TO STRENGTHEN THE PIPELINE BY ENGAGING STUDENTS INTO SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREER PATHWAYS. STEMWORKS INNOVATIVE METHODOLOGY IS GROUNDED IN PLACE-BASED, SERVICE AND APPLIED LEARNING. THE PROGRAM INCLUDES TECHNICAL TRAINING, ENGINEERING-DESIGN PROCESS, REAL-WORLD CHALLENGES, MENTORING, CAREER-AWARENESS ACTIVITIES, AND INTERNSHIPS FOR STUDENTS. EDUCATORS HAVE ACCESS TO STATE OF THE ART TECHNOLOGY TOOLS AND PROFESSIONAL DEVELOPMENT. MEDB PROGRAMS SERVE OVER 35,000 STUDENTS, EDUCATORS, AND BUSINESSES STATEWIDE.
    Expenses $3,079,747
  • CIVIC ENGAGEMENT AND EDUCATION: THE ORGANIZATION WORKS TO ENGAGE MEMBERS OF THE COMMUNITY TO HAVE A VOICE IN DECISION-MAKING ABOUT MAUI COUNTY AND THE STATE'S ECONOMIC FUTURE. BY PROVIDING AND FACILITATING EDUCATION AND COMMUNITY-BASED PLATFORMS SUCH AS THE FOCUS GROUPS WHICH INFORMED THE COUNTY AND STATE'S COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS), MEDB SEEKS TO PROVIDE TOOLS FOR RESIDENTS TO TAKE ACTION TO MAKE INFORMED DECISIONS ABOUT THEIR LIVES, COMMUNITY, AND THE ECONOMY.
    Expenses $167,300

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
99-0226377
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
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,326,384
Income (IRS master file)
$10,080,321

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,107,509$8,025,809$15,326,384IRS
990-TJune 2025–––IRS
990June 2024$13,315,928$12,964,989$13,085,003IRS
990-TJune 2024–––IRS
990June 2023$6,751,092$5,668,592$12,120,139XML
990-TJune 2023–––IRS
990June 2022$4,443,692$4,454,057$11,013,718IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 99-0226377).

Questions about MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB

What is the EIN of MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB?
The employer identification number (EIN) of MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB is 99-0226377.
Is MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB 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 MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB?
The 990 for the year ended June 30, 2025 names LESLIE WILKINS.
Who are the officers and directors of MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB?
The 990 for the year ended June 30, 2025 lists 27 people; 2 received compensation from the organization, the highest $147,572 (LESLIE WILKINS, PRESIDENT AND CEO).
How much revenue does MAUI ECONOMIC DEVELOPMENT BOARD INC MEDB have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,107,509, expenses of $8,025,809 and total assets of $15,326,384 at year end.

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