MAUI ECONOMIC OPPORTUNITY INC

EIN: 996009889 501(c)(3) Human Services

KAHULUI, HI

Total Revenue
$36,684,641
Total Expenses
$36,599,673
Total Assets
$43,455,555
Net Assets
$27,809,626
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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
HI
Principal Officer
DEBRA CABEBE
Phone
8082492990
Tax Period
2024-10-01 to 2025-09-30

MAUI ECONOMIC OPPORTUNITY INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $36.7M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

MAUI ECONOMIC OPPORTUNITY, INC (MEO) IS A PRIVATE, NON-PROFIT COMMUNITY ACTION AGENCY, CHARTERED ON MARCH 22, 1965 BY FEDERAL MANDATE UNDER PROVISIONS OF THE ECONOMIC OPPORTUNITY ACT OF 1964. THE AGENCY PROVIDES A COMPREHENSIVE SCOPE OF SERVICES TO THOSE IN NEED THROUGHOUT MAUI COUNTY AND ACROSS THE STATE OF HAWAII. THE MISSION OF MEO IS TO STRENGTHEN THE COMMUNITY WHILE HELPING PEOPLE IN NEED RESTORE THEIR HOPE, REACH THEIR POTENTIAL AND ENRICH THEIR LIVES.

Program Service Accomplishments

Program 1
Expenses: $11,438,492 Revenue: $366

TRANSPORTATION SERVICES PROGRAM: PROVIDE TRANSPORTATION TO ELIMINATE BARRIERS AND PROMOTE SELF-SUFFICIENCY. INCREASE THE AVAILABILITY AND AFFORDABILITY OF OPPORTUNITIES FOR LOW-INCOME, PERSONS WITH...

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TRANSPORTATION SERVICES PROGRAM: PROVIDE TRANSPORTATION TO ELIMINATE BARRIERS AND PROMOTE SELF-SUFFICIENCY. INCREASE THE AVAILABILITY AND AFFORDABILITY OF OPPORTUNITIES FOR LOW-INCOME, PERSONS WITH SPECIAL NEEDS, SENIORS AND YOUTH THROUGH SOCIAL SERVICES TRANSPORTATION. APPROXIMATELY 6,362 PASSENGERS IN THE TARGET POPULATION (SENIORS, PERSONS WITH DISABILITIES, LOW INCOME INDIVIDUALS, CHILDREN AND YOUTH) TOOK TRIPS TO AND FROM NUTRITION SITES, SENIOR PROGRAMS, DAY HEALTH, DIALYSIS, AND AFTER SCHOOL PROGRAMS AND ACTIVITIES. THE NUMBER OF PASSENGERS' BOARDING INCLUDING ADA PARATRANSIT SERVICE TOTALED APPROXIMATELY 272,111.

Program 2
Expenses: $8,506,014 Revenue: $461,057

CRISIS AND EMERGENCY ASSISTANCE - PROVIDE HOUSING, UTILITY, VEHICLE, APPLIANCE, CLOTHING AND SCHOOL SUPPLY SUPPORT FOR FAMILIES WITH DEPENDENT CHILDREN IMPACTED BY THE WILDFIRES. FEDERALLY FUNDED...

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CRISIS AND EMERGENCY ASSISTANCE - PROVIDE HOUSING, UTILITY, VEHICLE, APPLIANCE, CLOTHING AND SCHOOL SUPPLY SUPPORT FOR FAMILIES WITH DEPENDENT CHILDREN IMPACTED BY THE WILDFIRES. FEDERALLY FUNDED THROUGH THE STATE DEPARTMENT OF HUMAN SERVICES.

Program 3
Expenses: $6,166,043

EMPLOYMENT AND TRAINING - ENHANCE EMPLOYMENT APPLICATION AND JOB SKILLS FOR LOW-INCOME AND LEGAL PERMANENT RESIDENTS. THE GOAL IS TO HELP CLIENTS FIND JOBS EARNING A LIVING WAGE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,765,536
Program Service Revenue $593,038
Investment Income $37,509
Other Revenue $288,558
TOTAL REVENUE $36,684,641

Expense Breakdown

Grants Paid $10,028,077
Salaries & Benefits $13,952,791
Fundraising Expenses $35
Program Expenses $34,282,673
Other Expenses $12,618,805
TOTAL EXPENSES $36,599,673

Year-over-Year Comparison

2024 2023 Change
Revenue $36,684,641 $50,755,329 -0.3%
Expenses $36,599,673 $50,001,122 -0.3%
Net Income $84,968 $754,207 -0.9%
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
21
Independent Members
21
Employees
274
Volunteers
308

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
11
$454,666
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL REIMANN DIRECTOR/PRESIDENT/PAST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BARD PETERSON DIRECTOR/VICE PRESIDENT/PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CLIFFORD ALAKAI DIRECTOR/TREASURER 1.00
Officer Director
$0 $0 $0
REUBEN IGNACIO DIRECTOR/SECRETARY 1.00
Officer Director
$0 $0 $0
GEMMA MEDINA DIRECTOR 0.50
Director
$0 $0 $0
EMMANUEL BALTAZAR DIRECTOR 0.50
Director
$0 $0 $0
EDWARD NED DAVIS DIRECTOR 0.50
Director
$0 $0 $0
DESIREE TING DIRECTOR 0.50
Director
$0 $0 $0
CAITLIN MUSSON DIRECTOR 0.50
Director
$0 $0 $0
TESSIE SEGUI DIRECTOR 0.50
Director
$0 $0 $0
DAVID RAATZ DIRECTOR 0.50
Director
$0 $0 $0
DAWN BICOY DIRECTOR 0.50
Director
$0 $0 $0
GLENN YAMASAKI DIRECTOR 0.50
Director
$0 $0 $0
CRYSTAL NAKIHEI DIRECTOR 0.50
Director
$0 $0 $0
SCOTT OKADA DIRECTOR 0.50
Director
$0 $0 $0
ALVIN PELAYO DIRECTOR 0.50
Director
$0 $0 $0
ADELE RUGG DIRECTOR 0.50
Director
$0 $0 $0
SANDY RYAN DIRECTOR 0.50
Director
$0 $0 $0
MELINDA LUZ BOLO DIRECTOR 0.50
Director
$0 $0 $0
CYNTHIA LALLO DIRECTOR 0.50
Director
$0 $0 $0
TEDDI WALLER DIRECTOR 0.50
Director
$0 $0 $0
ARLEEN GERBIG FORMER DIRECTOR/SECRETARY 1.00
Officer Director
$0 $0 $0
DEBRA CABEBE CHIEF EXECUTIVE OFFICER 55.00
Officer
$124,445 $6,359 $130,804
GAY SIBONGA CHIEF OPERATIONS OFFICER 55.00
Officer
$97,996 $5,347 $103,343
MARGARET BATANGAN CHIEF ADMINISTRATIVE OFFICER 55.00
Officer
$86,018 $1,063 $87,081
WILBERT TORRICER INTERIM CHIEF FISCAL OFFICER 55.00
Officer
$66,776 $18,870 $85,646
KAREN FRANGIPANE HR MANAGER 55.00
Officer
$23,729 $258 $23,987
JULIE STRONG FORMER CHIEF FISCAL OFFICER 55.00
Officer
$21,804 $2,001 $23,805
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 $36,684,641 $36,599,673 $43,455,555 $84,968
2024 $50,755,329 $50,001,122 $49,978,057 $754,207
2023 $21,189,316 $21,961,158 $30,418,696 $-771,842
2022 $18,902,860 $19,589,493 $30,387,495 $-686,633
2021 $26,017,668 $26,571,483 $30,969,080 $-553,815
2020 $19,961,531 $20,605,578 $31,474,647 $-644,047
2019 $16,531,553 $16,604,704 $30,625,995 $-73,151
2018 $14,374,374 $14,900,828 $30,706,549 $-526,454
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