CHAMINADE UNIVERSITY OF HONOLULU

EIN: 990272261 501(c)(3) Education

HONOLULU, HI

Total Revenue
$89,549,283
Total Expenses
$85,547,268
Total Assets
$152,382,946
Net Assets
$120,221,821
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
HI
Principal Officer
DR LYNN BABINGTON
Phone
8087354711
Tax Period
2024-07-01 to 2025-06-30

CHAMINADE UNIVERSITY OF HONOLULU, founded in 1957, is a mid-sized nonprofit in the Education sector that reported $89.5M in total revenue in fiscal year 2024. Expenses of $85.5M left a modest 4% surplus.

Mission

CHAMINADE UNIVERSITY OFFERS ITS STUDENTS AN EDUCATION IN A COLLABORATIVE LEARNING ENVIRONMENT THAT PREPARES THEM FOR LIFE, WORK AND SERVICE. GUIDED BY ITS CATHOLIC, MARIANIST AND LIBERAL ARTS EDUCATIONAL TRADITIONS, CHAMINADE ENCOURAGES THE (SEE SCHEDULE O) DEVELOPMENT OF MORAL CHARACTER AND PERSONAL COMPETENCIES, AND THE COMMITMENT TO BUILD A JUST AND PEACEFUL SOCIETY. THE UNIVERSITY OFFERS THE CIVIC AND CHURCH COMMUNITIES OF THE PACIFIC REGION ITS ACADEMIC AND INTELLECTUAL RESOURCES IN THE PURSUIT OF COMMON AIMS.

Program Service Accomplishments

Program 1
Expenses: $67,861,543 Revenue: $61,077,234

CHAMINADE OFFERS AN EDUCATION IN A COLLABORATIVE LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR LIFE, SERVICE AND SUCCESSFUL CAREERS. GUIDED BY ITS CATHOLIC, MARIANIST AND LIBERAL ARTS EDUCATIONAL...

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CHAMINADE OFFERS AN EDUCATION IN A COLLABORATIVE LEARNING ENVIRONMENT THAT PREPARES STUDENTS FOR LIFE, SERVICE AND SUCCESSFUL CAREERS. GUIDED BY ITS CATHOLIC, MARIANIST AND LIBERAL ARTS EDUCATIONAL TRADITIONS AND ACCREDITED BY THE WASC SENIOR COLLEGE AND UNIVERSITY COMMISSION, CHAMINADE PROVIDES 2500 STUDENTS WITH 26 UNDERGRADUATE DEGREE PROGRAMS, 12 CERTIFICATE PROGRAMS, 10 GRADUATE PROGRAMS, FIVE DOCTORAL PROGRAMS AND 15 DEGREE OPPORTUNITIES FOR WORKING ADULTS.

Program 2
Expenses: $6,631,459 Revenue: $4,264,188

AUXILIARY ENTERPRISES AT CHAMINADE INCLUDE A 300 STUDENT RESIDENCE HALL PROGRAM; DINING SERVICES FEATURING THE SILVERSWORD CAFE AND COURTYARD POD MARKET; NCAA PACIFIC WEST CONFERENCE DIVISION II...

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AUXILIARY ENTERPRISES AT CHAMINADE INCLUDE A 300 STUDENT RESIDENCE HALL PROGRAM; DINING SERVICES FEATURING THE SILVERSWORD CAFE AND COURTYARD POD MARKET; NCAA PACIFIC WEST CONFERENCE DIVISION II ATHLETIC PROGRAM ANNUALLY HOSTING THE MAUI JIM INVITATIONAL BASKETBALL TOURNAMENT; CAMPUS BOOKSTORE.

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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 $20,837,870
Program Service Revenue $65,341,422
Investment Income $3,046,108
Other Revenue $323,883
TOTAL REVENUE $89,549,283

Expense Breakdown

Grants Paid $22,620,533
Salaries & Benefits $37,735,751
Fundraising Expenses $1,151,414
Program Expenses $74,493,002
Other Expenses $25,190,984
TOTAL EXPENSES $85,547,268

Year-over-Year Comparison

2024 2023 Change
Revenue $89,549,283 $85,576,043 +0.0%
Expenses $85,547,268 $83,727,370 +0.0%
Net Income $4,002,015 $1,848,673 +1.2%
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
24
Independent Members
23
Employees
1026
Volunteers
100

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
8
$2,154,461
Total Directors
24
$559,254
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
V ARNOBIT REGENT 0.30
Director
$0 $0 $0
G BERGQUIST-TROMMALD REGENT 0.30
Director
$0 $0 $0
C WILSON REGENT 0.30
Director
$0 $0 $0
K DANCIL CHAIR 0.30
Director
$0 $0 $0
I EUSTAQUIO REGENT 0.30
Director
$0 $0 $0
J FIELD SECOND VICE CHAIR 0.30
Director
$0 $0 $0
L FORMAN REGENT 0.30
Director
$0 $0 $0
E FUJIMOTO REGENT 0.30
Director
$0 $0 $0
R HARANO FIRST VICE CHAIR 0.30
Director
$0 $0 $0
M JAMES REGENT 0.30
Director
$0 $0 $0
E KELLEY REGENT 0.30
Director
$0 $0 $0
J MARKEL REGENT 0.30
Director
$0 $0 $0
J ROLLES REGENT 0.30
Director
$0 $0 $0
A TANAKA REGENT 0.30
Director
$0 $0 $0
D UNDERRINER REGENT 0.30
Director
$0 $0 $0
E VIOLETT REGENT 0.30
Director
$0 $0 $0
O VASQUEZ CHANCELLOR/EX OFFICIO 0.30
Director
$0 $0 $0
J O'NEILL EX OFFICIO 0.30
Director
$0 $0 $0
C GAYAGAS EX OFFICIO 0.30
Director
$0 $0 $0
L BABINGTON PRESIDENT/EX OFFICIO 40.00
Officer Director
$518,717 $40,537 $559,254
G LIEBL EMERITUS REGENTS 0.30
Director
$0 $0 $0
E BARNABAS REGENT 0.30
Director
$0 $0 $0
L NAHME REGENT 0.30
Director
$0 $0 $0
V WONG REGENT 0.30
Director
$0 $0 $0
L ASKILDSON PROVOST & SENIOR VP FOR AC 40.00
Officer
$272,033 $44,977 $317,010
A KAANOI VP FINANCE & FACILITIES 40.00
Officer
$211,573 $46,017 $257,590
A JEROME VP STUDENT AFFAIRS 40.00
Officer
$173,840 $22,784 $196,624
L FURUTA VP COMMUNICATIONS & MARKET 40.00
Officer
$163,272 $42,729 $206,001
J CREECH VP FOR ENROLLMENT MANAGEME 40.00
Officer
$184,998 $10,557 $195,555
J HIGASHI VP ADVANCEMENT 40.00
Officer
$153,815 $38,269 $192,084
H CHUN DIRECTOR & PROFESSOR 40.00
Officer
$192,843 $37,500 $230,343
D IWAMOTO ASSOC PROFESSOR & DIRECTOR 40.00
Highest
$226,850 $41,603 $268,453
D FRYXELL DEAN 40.00
Highest
$362,899 $29,406 $392,305
A HALSTON ASSOCIATE PROFESSOR 40.00
Highest
$247,631 $23,121 $270,752
K TREECE DIRECTOR & PROFESSOR 40.00
Highest
$231,089 $22,664 $253,753
L RAMOCKI DEAN 40.00
Highest
$224,820 $35,405 $260,225
D CARTER EX OFFICIO/FACULTY SENATE 40.00
$158,386 $8,719 $167,105
M YAMASAKI FACULTY SENATE/PROFESSOR 40.00
$118,399 $30,218 $148,617
C WRIGHT FORMER PRESIDENT OF FACULT 40.00
$111,202 $5,560 $116,762
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 $89,549,283 $85,547,268 $152,382,946 $4,002,015
2024 $85,576,043 $83,727,370 $146,826,287 $1,848,673
2023 $74,102,364 $75,273,612 $123,315,698 $-1,171,248
2022 $78,361,559 $71,455,767 $116,268,007 $6,905,792
2021 $73,103,694 $66,755,153 $112,004,355 $6,348,541
2020 $64,562,356 $64,978,345 $103,384,806 $-415,989
2019 $66,520,413 $62,892,557 $100,777,936 $3,627,856
2018 $65,075,437 $62,330,513 $97,924,135 $2,744,924
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