ASSOCIATED BUILDERS & CONTRACTORS OF HAWAII

EIN: 990282247 501(c)(3)

HONOLULU, HI

Total Revenue
$368,728
Total Expenses
$489,402
Total Assets
$1,165,096
Net Assets
$693,139
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
HI
Principal Officer
JEFFREY ALAMEIDA
Phone
8088454887
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATED BUILDERS & CONTRACTORS OF HAWAII, founded in 1989, is a small nonprofit that reported $369K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $489K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE TRUST WAS ESTABLISHED TO FUND AN APPRENTICESHIP PROGRAM OR OTHER TRAINING PROGRAMS TO ASSIST IN THE TRAINING & DEVELOPMENT OF INDIVIDUALS WHO DESIRE TO ACQUIRE SKILLS TO INCREASE THEIR CAPABILITIES AS EMPLOYEES OR SUPERVISORS WITH THE CONSTRUCTION INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $73,411 Revenue: $345,749

THE TRUST WAS ESTABLISHED TO FUND AN APPRENTICESHIP PROGRAM OR OTHER TRAINING PROGRAMS TO ASSIST IN THE TRAINING & DEVELOPMENT OF INDIVIDUALS WHO DESIRE TO ACQUIRE SKILLS TO INCREASE THEIR...

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THE TRUST WAS ESTABLISHED TO FUND AN APPRENTICESHIP PROGRAM OR OTHER TRAINING PROGRAMS TO ASSIST IN THE TRAINING & DEVELOPMENT OF INDIVIDUALS WHO DESIRE TO ACQUIRE SKILLS TO INCREASE THEIR CAPABILITIES AS EMPLOYEES OR SUPERVISORS WITH THE CONSTRUCTION INDUSTRY.

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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 $0
Program Service Revenue $345,749
Investment Income $22,829
Other Revenue $150
TOTAL REVENUE $368,728

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $73,411
Other Expenses $489,402
TOTAL EXPENSES $489,402

Year-over-Year Comparison

2024 2023 Change
Revenue $368,728 $514,054 -0.3%
Expenses $489,402 $570,409 -0.1%
Net Income $-120,674 $-56,355 +1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURICE TORIGOE DIRECTOR 0.50
Director
$0 $0 $0
GEOFFREY CHU DIRECTOR 0.50
Director
$0 $0 $0
AUSTIN DOHERTY CHAIRMAN ELECT 0.50
Officer Director
$0 $0 $0
KATHRYN MASHIMA CHAIRMAN 0.50
Director
$0 $0 $0
DAVID TSUDA TREASURER 0.50
Officer Director
$0 $0 $0
MICHELLE TAKETA DIRECTOR 0.50
Director
$0 $0 $0
ROSS KAWANO SECRETARY 0.50
Officer 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
2024 $368,728 $489,402 $1,165,096 $-120,674
2023 $514,054 $570,409 $1,105,508 $-56,355
2023 $500,401 $557,571 $1,083,036 $-57,170
2022 $466,935 $534,040 $1,144,414 $-67,105
2021 $612,124 $481,070 $1,206,671 $131,054
2020 $572,552 $536,785 $1,064,509 $35,767
2019 $556,565 $805,673 $1,037,496 $-249,108
2018 $609,887 $592,494 $1,225,753 $17,393
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