HEALTHCARE ASSOCIATION OF HAWAII (EIN 990105817) - 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

1939

Legal Domicile

Principal Officer

HILTON R RAETHEL

Phone

8085218961

Tax Period

2024-07-01 to 2025-06-30

HEALTHCARE ASSOCIATION OF HAWAII, founded in 1939, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $5.3M left a modest 15% surplus.

Mission

THE MISSION OF THE HEALTHCARE ASSOCIATION OF HAWAII IS TO BE HAWAII'S MOST EFFECTIVE ADVOCATE FOR THE COMPREHENSIVE AND FINANCIALLY STRONG HEALTHCARE SYSTEM THAT SUCCESSFULLY RESPONDS TO THE DIVERSE AND CHANGING NEEDS OF ALL WE SERVE.

🔒

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 $937,339

Program Service Revenue $4,772,856

Investment Income $296,162

Other Revenue $174,405

TOTAL REVENUE $6,180,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,763,089

Fundraising Expenses $0

Other Expenses $2,518,482

TOTAL EXPENSES $5,281,571

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,180,762	$4,397,150	+0.4%
Expenses	$5,281,571	$4,815,065	+0.1%
Net Income	$899,191	$-417,915	-3.2%

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

$662,658

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HILTON RAETHEL	PRESIDENT & CEO	34.00	Officer Director	$627,658	$12,325	$639,983
SAM BALUKOFF	CHAIR	1.00	Director	$0	$0	$0
STEPHANIE NADOLNY	CHAIR ELECT	1.00	Director	$0	$0	$0
DAN BRINKMAN	PAST CHAIR	1.00	Director	$0	$0	$0
RICK BRUNO	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
CHASE AALBORG	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS CLEGG	DIRECTOR	1.00	Director	$0	$0	$0
GREGG OISHI	DIRECTOR	1.00	Director	$0	$0	$0
WES LO	DIRECTOR	1.00	Director	$0	$0	$0
DARLENE NAKAYAMA	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TRICIA YAMASHITA	DIRECTOR	1.00	Director	$0	$0	$0
TRICIA MEDEIROS	DIRECTOR	1.00	Director	$0	$0	$0
LYNN FULTON	DIRECTOR	1.00	Director	$0	$0	$0
TYRUS LEFLER	DIRECTOR	1.00	Director	$0	$0	$0
DARRIN SCHADEL	DIRECTOR	1.00	Director	$0	$0	$0
GARY WONG	DIRECTOR	1.00	Director	$0	$0	$0
DAVE UNDERRINER	DIRECTOR UNTIL FEB 2025	1.00	Director	$0	$0	$0
STEVEN NAWAHINE	DIRECTOR UNTIL MAR 2025	1.00	Director	$0	$0	$0
WENDY ODO	CFO AND COO	32.00	Officer	$311,562	$12,325	$323,887
PAIGE CHOY	VICE PRESIDENT	40.00	Key Emp	$184,279	$19,965	$204,244
JANNA HOSHIDE	VICE PRESIDENT	4.00	Key Emp	$0	$19,965	$264,636
CATHI BEN-YOSSEF	VICE PRESIDENT	40.00	Key Emp	$173,813	$19,965	$193,778
JULIE KATHMAN	PROGRAM MANAGER	40.00	Highest	$107,508	$14,913	$122,421
ROBERT CHOY	ASSOCIATE VICE PRESIDENT	40.00	Highest	$138,173	$6,933	$145,106

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	$6,180,762	$5,281,571	$7,027,692	$899,191
2024	No data	No data	No data	No data
2023	$3,820,406	$3,478,008	$5,718,073	$342,398
2022	$3,576,863	$3,739,589	$6,260,582	$-162,726
2021	$3,208,043	$3,220,363	$6,063,425	$-12,320
2020	$3,870,834	$3,828,555	$6,051,357	$42,279
2019	$4,560,738	$3,653,144	$6,571,006	$907,594
2018	$3,873,168	$3,296,321	$6,240,304	$576,847

HEALTHCARE ASSOCIATION OF HAWAII