HAWAIIAN PARADISE PARK OWNERS ASSOCIATION

EIN: 237260727

KEAAU, HI

Total Revenue
$4,600,802
Total Expenses
$3,078,643
Total Assets
$17,227,739
Net Assets
$13,694,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
HI
Principal Officer
JON LOEHNDORF
Phone
8089664500
Tax Period
2024-07-01 to 2025-06-30

HAWAIIAN PARADISE PARK OWNERS ASSOCIATION, founded in 1972, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 33% operating margin.

Mission

TO FOSTER UNITY, HARMONY, COMMUNICATION AND THE ALOHA SPIRIT AMONGST THE MEMBERS AND NEIGHBORS. TO ENSURE LEGAL AND FISCAL INTEGRITY IN ALL OF OUR ACTIONS AND POLICIES, WITH PRIMARY ATTENTION TO ROAD AND ADMINISTRATIVE OPERATIONS TO ENSURE THE BEST USE OF THE ASSOCIATION ASSETS AND RESOURCES. TO PROTECT AND PRESERVE THE LAND AND RURAL SURROUNDINGS; TO SERVE THE NEEDS AND INTERESTS OF THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $2,808,602 Revenue: $4,349,202

THE ORGANIZATION MAINTAINS APPROXIMATELY 160 MILES OF ROADWAYS AND 131 ACRES OF REAL PROPERTY IN HAWAIIAN PARADISE PARK SUBDIVISION FOR THE BENEFIT OF THE OWNERS AND OTHER USERS OF ITS MORE THAN...

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THE ORGANIZATION MAINTAINS APPROXIMATELY 160 MILES OF ROADWAYS AND 131 ACRES OF REAL PROPERTY IN HAWAIIAN PARADISE PARK SUBDIVISION FOR THE BENEFIT OF THE OWNERS AND OTHER USERS OF ITS MORE THAN 8,800 LOTS. THE ORGANIZATION ALSO ASSISTS IN MAINTAINING THE PRESERVATION OF A 31 ACRE HAWAIIAN HISTORICAL SITE THAT IS LOCATED IN THE HEART OF HAWAIIAN PARADISE PARK.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,802,473
Investment Income $219,563
Other Revenue $578,766
TOTAL REVENUE $4,600,802

Expense Breakdown

Grants Paid $0
Salaries & Benefits $615,183
Fundraising Expenses $0
Program Expenses $2,808,602
Other Expenses $2,463,460
TOTAL EXPENSES $3,078,643

Year-over-Year Comparison

2024 2023 Change
Revenue $4,600,802 $4,450,607 +0.0%
Expenses $3,078,643 $3,270,507 -0.1%
Net Income $1,522,159 $1,180,100 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
21
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$78,278
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARI HOFFMAN PRESIDENT 20.00
Officer Director
$0 $0 $0
JEFF FINLEY VICE PRESIDE 10.00
Officer Director
$0 $0 $0
ALISSA HANSHEW SECRETARY 2.00
Officer Director
$0 $0 $0
TERESA BAYNE TREASURER 2.00
Officer Director
$0 $0 $0
DARICE UNICK DIRECTOR 2.00
Director
$0 $0 $0
JASON SCHILLEWAERT DIRECTOR 2.00
Director
$0 $0 $0
JON LOEHNDORF DIRECTOR 2.00
Director
$0 $0 $0
NAOMI HIRAYASU DIRECTOR 2.00
Director
$0 $0 $0
LANELL LUA DIRECTOR 2.00
Director
$0 $0 $0
MELINA RAJAEI DIRECTOR 2.00
Director
$0 $0 $0
PATRICIA EGAN DIRECTOR 2.00
Director
$0 $0 $0
LARRY TORRES GENERAL MANA 40.00
Officer
$78,278 $0 $78,278
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,600,802 $3,078,643 $17,227,739 $1,522,159
2024 No data No data No data No data
2023 $4,119,661 $2,728,394 $16,061,410 $1,391,267
2022 $3,863,263 $2,858,056 $15,698,282 $1,005,207
2021 $3,630,541 $2,435,877 $15,466,069 $1,194,664
2020 $3,603,156 $2,352,739 $15,199,535 $1,250,417
2019 $3,442,635 $2,566,992 $14,779,224 $875,643
2018 $3,694,385 $3,162,516 $14,626,987 $531,869
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