Housing and Land Enterprise of Hawaii (EIN 822695304) - Form 990 Financial Analysis & Trantor Score

🔒

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

2019

Legal Domicile

Principal Officer

Loretta Wickenden

Tax Period

2025-01-01 to 2025-12-31

Housing and Land Enterprise of Hawaii, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $692K in total revenue in fiscal year 2025. The organization ran a surplus of $499K, a strong 72% operating margin.

Mission

To secure and preserve a permanent supply of affordable housing alternatives for low and moderate income households in Hawaii County.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $691,840

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $691,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,152

Other Expenses $193,152

TOTAL EXPENSES $193,152

Year-over-Year Comparison

	2025	2024	Change
Revenue	$691,840	$691,840	N/A
Expenses	$193,152	$192,952	+0.0%
Net Income	$498,688	$498,888	0.0%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter S Hoffmann	Board Chair and Treasurer	12.00	Director	$0	$0	$0
Michael Matsukawa	President	2.00	Director	$0	$0	$0
Phil Tinguely	Board Member	1.00	Director	$0	$0	$0
Loretta Wickenden	Executive Director	10.00	Director	$0	$0	$0
Eric Jacobsen	Board Member	1.00	Director	$0	$0	$0
Patrick Hurney	Board Member	1.00	Director	$0	$0	$0
Jonathan Grayson	Board Member	1.00	Director	$0	$0	$0
Stanson Chartrand	Homeowner Representative	1.00	Director	$0	$0	$0

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	$691,840	$193,152	$771,568	$498,688
2024	$6,505	$16,059	$272,880	$-9,554
2023	$109,542	$46,963	$282,434	$62,579
2022	$12,861	$27,197	$372,652	$-14,336
2021	$16,159	$45,951	$234,188	$-29,792
2020	$274,000	$27,519	$273,176	$246,481

Housing and Land Enterprise of Hawaii