HAWAII HOSPITAL EDUCATION & RESEAR… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

HILTON R RAETHEL

Phone

8085218961

Tax Period

2024-07-01 to 2025-06-30

HAWAII HOSPITAL EDUCATION & RESEARCH FDN, founded in 1975, is a community nonprofit in the Medical Research sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $884K, a strong 17% operating margin.

Mission

TO PROMOTE, SPONSOR, & CONDUCT RESEARCH IN THE HEALTH FIELD FOR ALL PHASES OF HOSPITAL OPERATIONS AND HEALTH CARE AND TO DISSEMINATE SUCH KNOWLEDGE THROUGH EDUCATIONAL PROGRAMS AND FOSTERING THE ACCUMULATION AND DISSEMINATION OF HEALTH INFORMATION; TO CONDUCT HOSPITAL PREPAREDNESS FOR PUBLIC HEALTH EMERGENCIES.

Program Service Accomplishments

Program 1

Expenses: $1,348,517 Revenue: $376,286

HOSPITAL EMERGENCY PREPAREDNESS - GRANT TO PLAN, DEVELOP AND MAINTAIN REGIONAL HOSPITAL PLANS FOR STATE OF HAWAII LICENSED HEALTHCARE FACILITIES INCLUDING HOSPITALS, LONG TERM CARE FACILITIES, HOME CARE AND HOSPICE AGENCIES, AND VARIOUS AMBULATORY CARE CLINICS. THESE EFFORTS INCLUDED PLANNING AND PREPAREDNESS ACTIVITIES INVOLVING PERSONNEL, EQUIPMENT, AND SUPPLIES NECESSARY TO CARRY OUT THE US DEPARTMENT OF HEALTH & HUMAN SERVICES HOSPITAL PREPAREDNESS PROGRAM.

Program 2

Expenses: $404,431 Revenue: $451,446

VARIOUS EDUCATIONAL OFFERINGS AND CONFERENCE SPONSORSHIPS, INCLUDING JOINT COMMISSION UPDATE PRESENTED BY THE JOINT COMMISSION RESOURCES (JCR).

Program 3

Expenses: $2,268,636 Revenue: $717,093

THE HEALTHCARE WORKFORCE INITIATIVE WILL ADDRESS THE NEED FOR A STRONGER WORKFORCE PIPELINE FOR HEALTHCARE ORGANIZATIONS ACROSS HAWAII BY BETTER MATCHING THE PROGRAMS, CERTIFICATIONS, AND DEGREES...

THE HEALTHCARE WORKFORCE INITIATIVE WILL ADDRESS THE NEED FOR A STRONGER WORKFORCE PIPELINE FOR HEALTHCARE ORGANIZATIONS ACROSS HAWAII BY BETTER MATCHING THE PROGRAMS, CERTIFICATIONS, AND DEGREES OFFERED BY SECONDARY AND POST-SECONDARY EDUCATIONAL INSTITUTIONS WITH THE NEEDS OF THE HEALTHCARE INDUSTRY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,561,970

Program Service Revenue $1,532,831

Investment Income $-16,738

Other Revenue $43,213

TOTAL REVENUE $5,121,276

Expense Breakdown

Grants Paid $14,536

Salaries & Benefits $1,468,394

Fundraising Expenses $0

Program Expenses $4,021,584

Other Expenses $2,754,750

TOTAL EXPENSES $4,237,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,121,276	$3,725,088	+0.4%
Expenses	$4,237,680	$3,523,948	+0.2%
Net Income	$883,596	$201,140	+3.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$963,870

Total Directors

$639,983

Key Employees

$264,636

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HILTON RAETHEL	PRESIDENT AND CEO	3.00	Officer Director	$0	$12,325	$639,983
KURT AKAMINE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BARROS	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS CLEGG	DIRECTOR	1.00	Director	$0	$0	$0
BRONSON HO	DIRECTOR	1.00	Director	$0	$0	$0
LORI JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
KURT KOBASHIGAWA	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE MIZUNO	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW MOMIYAMA	DIRECTOR	1.00	Director	$0	$0	$0
GREGG OISHI	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR SAMPAGA	DIRECTOR	1.00	Director	$0	$0	$0
ROB UDZINSKI	DIRECTOR	1.00	Director	$0	$0	$0
GARY WONG	DIRECTOR	1.00	Director	$0	$0	$0
KURT AKAMINE	DIRECTOR UNTIL DEC 2024	1.00	Director	$0	$0	$0
ROB UDZINSKI	DIRECTOR UNTIL DEC 2024	1.00	Director	$0	$0	$0
ESTEBAN GARCIA	DIRECTOR UNTIL JUN 2025	1.00	Director	$0	$0	$0
WENDY ODO	CFO & COO	4.00	Officer	$0	$12,325	$323,887
JANNA HOSHIDE	VICE PRESIDENT	36.00	Key Emp	$244,671	$19,965	$264,636
MARC MORIGUCHI	DIRECTOR	40.00	Highest	$103,696	$19,965	$123,661
COLLEEN LEOPOLDINO	MANAGER	40.00	Highest	$112,652	$19,965	$132,617

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	$5,121,276	$4,237,680	$4,923,407	$883,596
2024	$3,725,088	$3,523,948	$2,784,290	$201,140
2023	$4,010,480	$4,015,385	$3,931,931	$-4,905
2022	$2,796,667	$2,299,704	$2,011,127	$496,963
2021	$6,267,769	$5,656,447	$1,734,095	$611,322
2020	$1,796,946	$2,023,459	$1,069,099	$-226,513
2018	$1,594,944	$1,619,035	$948,068	$-24,091

HAWAII HOSPITAL EDUCATION & RESEARCH FDN