Hawaii Association of Realtors
Nonprofit profile at a glance
- EIN
- 237056154
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Honolulu, HI, USA
- Phone
- 8087337060
- Rating confidence
- Limited
Reported finances
- Revenue
- $2,655,315
- Expenses
- $2,923,909
- Assets
- $4,921,751
- Liabilities
- $2,210,102
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JULIE MEIER (PRESIDENT)
- LANCE OWENS (PRESIDENT-ELECT)
- GINA DUNCAN (FIRST VICE PRESIDENT)
- KALAMA KIM (IMM. PAST PRESIDENT)
- NANCY DONAHUE JONES (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- NANCY DONAHUE JONES (CHIEF EXECUTIVE OFFICER): $223,044 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hawaii realtors serves its membership by providing innovative programs and services to enhance members' ability to successfully practice real estate and collectively promotes real property ownership and the preservation of real property rights.
What it reported doing in 2024
The Hawaii realtors government affairs division is responsible for protecting, promoting, and advancing the public policy interests and objectives of realtors through political advocacy and member participation in legislative activities, such as maintaining open lines of communication between state and government officials on real estate issues, building relationships with other organizations to create support, and working directly with members to determine what issues are of concern to real estate in Hawaii. The primary effort of the Hawaii realtors' government affairs is at the state level, including but not limited to the legislature, executive branch and state agencies. However, the division may, from time to time, be involved with issues at the federal level through the national association of realtors and at the county level. In 2024, the government affairs committee priority issue was clarifying price freezing during a state of emergency which applied to rental housing. During the session, har testified 167 times.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 77
- Accountability: 95
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -10.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 7.6%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $223K · 17 people listed · 2 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 13/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.