HHOC MORTGAGE

EIN: 271240023 501(c)(3) Housing & Shelter

HONOLULU, HI

Total Revenue
$886,048
Total Expenses
$235,957
Total Assets
$5,760,272
Net Assets
$5,189,691
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
HI
Principal Officer
REINA MIYAMOTO
Phone
8085239500
Tax Period
2024-01-01 to 2024-12-31

HHOC MORTGAGE, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $886K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $650K, a strong 73% operating margin.

Mission

TO ASSIST LOW TO MODERATE INCOME HOME BUYERS IN HAWAII WITH DOWN PAYMENT ASSISTANCE, AND AFFORDABLE FINANCING. HHOC MORTGAGE IS DEDICATED TO OFFERING AFFORDABLE MORTGAGE LOANS TO HAWAII'S HOMEBUYERS THAT ARE COMPETITIVELY PRICED. HHOC MORTGAGE PRIMARILY SERVES LOW AND MODERATE INCOME TARGET MARKETS AND COMMUNITIES. HHOC MORTGAGE ALSO PROVIDES FINANCIAL SUPPORT TO HAWAII HOMEOWNERSHIP CENTER TO ENABLE CONTINUANCE OF ITS MISSION TO PROVIDE PROSPECTIVE HOMEBUYERS WITH FINANCIAL EDUCATION AND COACHING.

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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 $608,239
Program Service Revenue $186,521
Investment Income $91,288
Other Revenue $0
TOTAL REVENUE $886,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,135
Fundraising Expenses $0
Program Expenses $139,309
Other Expenses $153,822
TOTAL EXPENSES $235,957

Year-over-Year Comparison

2024 2023 Change
Revenue $886,048 $1,102,798 -0.2%
Expenses $235,957 $241,575 0.0%
Net Income $650,091 $861,223 -0.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
10

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
$114,154
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN ROBINSON NAYA PRESIDENT 0.50
Officer Director
$0 $0 $0
MICHAEL MILLER VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
DANIEL COSTIGAN TREASURER 0.25
Officer Director
$0 $0 $0
TRICIA FUJIKAWA LEE SECRETARY 0.25
Officer Director
$0 $0 $0
ROBERT CHOW DIRECTOR 0.25
Director
$0 $0 $0
GREG YOUNG DIRECTOR 0.25
Director
$0 $0 $0
MARIAN GUSHIKEN DIRECTOR 0.25
Director
$0 $0 $0
LEILANI TUITELE DIRECTOR 0.25
Director
$0 $0 $0
WENDY ODO DIRECTOR 0.25
Director
$0 $0 $0
GRANT CHUN FORMER DIRECTOR 0.25
Director
$0 $0 $0
REINA MIYAMOTO EXECUTIVE DIRECTOR 10.00
Officer
$0 $9,154 $114,154
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
2024 $886,048 $235,957 $5,760,272 $650,091
2023 $1,102,798 $241,575 $5,142,270 $861,223
2022 $303,213 $346,019 $4,421,266 $-42,806
2021 $1,549,187 $377,180 $4,492,707 $1,172,007
2020 $542,379 $412,145 $2,943,127 $130,234
2019 $706,092 $526,892 $2,855,409 $179,200
2018 $1,209,142 $361,350 $2,803,946 $847,792
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