WAIKIKI TRANSPORTATION MANAGEMENT SPECIAL IMPROVEMENT DISTRICT ASSOCIATION

EIN: 831081974 501(c)(3) Public & Societal Benefit

HONOLULU, HI

Total Revenue
$319,712
Total Expenses
$629,078
Total Assets
$192,301
Net Assets
$192,301
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
HI
Principal Officer
RICHARD H EGGED
Phone
8089231094
Tax Period
2024-07-01 to 2025-06-30

WAIKIKI TRANSPORTATION MANAGEMENT SPECIAL IMPROVEMENT DISTRICT ASSOCIATION, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $320K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $629K exceeded revenue, resulting in a 97% operating deficit.

Mission

TO EXECUTE THE WAIKIKI TRANSPORTATION MANAGEMENT SPECIAL IMPROVEMENT DISTRICT PLAN.

Program Service Accomplishments

Program 1
Expenses: $391,404

CURB LOADING MANAGEMENT PLAN UPDATES, IMPLEMENTATION, AND MONITORING: THE CURB LOADING MANAGEMENT PLAN ADDRESSES CONCERNS ABOUT THE LEVEL OF COMPLIANCE EXHIBITED BY VEHICLES LOADING FREIGHT AND...

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CURB LOADING MANAGEMENT PLAN UPDATES, IMPLEMENTATION, AND MONITORING: THE CURB LOADING MANAGEMENT PLAN ADDRESSES CONCERNS ABOUT THE LEVEL OF COMPLIANCE EXHIBITED BY VEHICLES LOADING FREIGHT AND PASSENGERS WITHOUT THE PROPER PERMITS AND OFTEN IN VIOLATION OF REGULATORY CURB SIGNS AND OTHER PARTS OF THE CITY'S TRAFFIC CODE. THE PLAN, BASED UPON A DATA COLLECTION PROGRAM OF LOADING ZONES WITHIN THE HEART OF WAIKIKI, IS COMPOSED OF FIVE PARTS: 1) PREPARE FACT SHEET AND PRESENTATION, 2) CONDUCT COMMUNICATIONS PROGRAM, 3) ENFORCEMENT PROGRAM, 4) REGULATORY CHANGES AND MANAGEMENT, AND 5) CURB MANAGEMENT DEMONSTRATION. IMPLEMENTATION OF THE PLAN IN CONCERT WITH CONTINUAL MONITORING OF THE LOADING ZONES HAS COMMENCED. FIVE AREAS WITHIN WAIKIKI HAVE BEEN IDENTIFIED AS "HOT SPOTS" WITH IMPLEMENTATION OF PROJECTS ON THE INITIAL PROJECT DEMONSTRATION SITE HAVING OCCURRED THIS FISCAL YEAR. WTMA CONTRACTED TO PROVIDE ALOHA AMBASSADORS TO INCLUDE TRANSPORTATION MANAGEMENT OF ALL VEHICLES ALONG CURB SPACE ASSOCIATED WITH THE PILOT PROJECT AREAS. THE PERSONNEL ENSURE THAT VEHICLE DRIVERS ARE AWARE OF THE TRAFFIC CODES AND REGULATORY SIGNS THAT APPLY TO CURB USE. THIS INCLUDES DISTRIBUTING FLYERS, RESERVING CURB SPACE BY DEPLOYING TRAFFIC CONES, RECORDING VEHICLE COMPLIANCE ON FORMS, MONITORING CURB SPACE OCCUPANCY AND AVAILABILITY ON A PHONE APP, AND OTHER CURB OCCUPANCY CONTROL RELATED FUNCTIONS.

Program 2
Expenses: $42,197

CONDUCT COMMUNICATIONS PROGRAM: THE WTMA CONTINUES TO CONDUCT AN EXTENSIVE COMMUNICATIONS PROGRAM AS PART OF THE CURB LOADING MANAGEMENT. THE PROGRAM INCLUDES MEETINGS WITH CITY AND COUNTY...

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CONDUCT COMMUNICATIONS PROGRAM: THE WTMA CONTINUES TO CONDUCT AN EXTENSIVE COMMUNICATIONS PROGRAM AS PART OF THE CURB LOADING MANAGEMENT. THE PROGRAM INCLUDES MEETINGS WITH CITY AND COUNTY DEPARTMENTS, THE HAWAII TRANSPORTATION ASSOCIATION, PRESENTATION TO THE WAIKIKI IMPROVEMENT ASSOCIATION BOARD AND ARTICLES IN THEIR NEWSLETTER, DEVELOPMENT AND DISTRIBUTION OF INFORMATIONAL MATERIALS, AND BRIEFINGS AND INTERACTION WITH THE WAIKIKI NEIGHBORHOOD BOARD, ADJACENT BUSINESSES AND PROPERTY OWNERS, AND CURB USERS.

Program 3
Expenses: $58,769

CENTENNIAL PARK VEHICLE STAGING AREA: THE WTMA IDENTIFIED AN AREA ADJACENT TO CENTENNIAL PARK TO PROVIDE A STAGING AREA FOR COMMERCIAL PASSENGER VEHICLES. THE WTMA WORKED WITH THE ROTARY WHO FUNDED...

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CENTENNIAL PARK VEHICLE STAGING AREA: THE WTMA IDENTIFIED AN AREA ADJACENT TO CENTENNIAL PARK TO PROVIDE A STAGING AREA FOR COMMERCIAL PASSENGER VEHICLES. THE WTMA WORKED WITH THE ROTARY WHO FUNDED THE PARK DEVELOPMENT AND THE CITY (DPR) AND DTS TO DELINEATE A 12-FOOT BY 250-FOOT SPACE ON THE MANUKAI STREET SIDE OF THE PARK FOR A VEHICLE STAGING AREA. THIS STAGING AREA WILL ACCOMMODATE UP TO THREE 45-FOOT BUSES, KEEPING THEM FROM CIRCLING OR LOITERING IN OTHER AREAS. THIS PROPOSAL IS SUPPORTED BY THE WAIKK NEIGHBORHOOD BOARD AS IT PROVIDES AN AREA FOR LARGE BUSES TO DWELL RATHER THAN INCREASING TRAFFIC OR DISPLACING PARKING. WTMA IS WORKING WITH THE CITY, REQUIRING LEGAL ASSISTANCE, TO PROVIDE THE MEANS FOR THIS PROJECT TO MOVE FORWARD. WTMA WILL MANAGE THE MANUKAI STREET STAGING AREA.

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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 $319,675
Program Service Revenue $0
Investment Income $37
Other Revenue $0
TOTAL REVENUE $319,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $492,370
Other Expenses $629,078
TOTAL EXPENSES $629,078

Year-over-Year Comparison

2024 2023 Change
Revenue $319,712 $516,175 -0.4%
Expenses $629,078 $593,956 +0.1%
Net Income $-309,366 $-77,781 +3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
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
6
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD EGGED CHAIR/PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
MAKI KURODA TREASURER/VICE CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $0
ROBERT FINLEY VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
GARETH SAKAKIDA VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
LAYNE WADA SECRETARY 1.00
Officer
$0 $0 $0
JAIME BARUT ASSISTANT SECRETARY 1.00
Officer
$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 $319,712 $629,078 $192,301 $-309,366
2024 No data No data No data No data
2023 $727,516 $82,078 $754,948 $645,438
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