Kapolei Community Development Corporation

Nonprofit profile at a glance

EIN
262420702
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2011, Form 990-N 2010
Location
Kapolei, HI, USA
Phone
8084506899
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$1,287,754
Expenses
$520,317
Assets
$2,615,308
Liabilities
$32,621

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • CHANTAL KELIIHOOMALU (EXECUTIVE DIRECTOR)
  • MICHELLE KAUNAHE (PRESIDENT)
  • DANIEL LUKE (VICE PRESIDENT)
  • KAMA KEONE (VICE PRESIDENT)

Highest reported compensation

  • CHANTAL KELIIHOOMALU (EXECUTIVE DIRECTOR): $86,077 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kapolei community development corporation's mission is to foster family and cultural preservation found on the tenets of community, education, and partnerships.

What it reported doing in 2024

Homestead support: kcdc exists to serve the hawaiian homestead communities in the honouliuli ahupua'a (kapolei/ewa region) of maluohai, kaupe'a, kanehili, and ka'uluokaha'i; kcdc is the recognized cdc in the region and serves as fiscal sponsor for these four homestead associations for the homestead community benefit agreement (hcba). Kcdc hosts halawai, a quarterly meeting for the boards of kcdc and the four homestead associations to collaborate on topics and events, participate in capacity building activities/trainings, and build pilina (connections). A portion of the hcba funds sustain kcdc / khc programs and services, hapai pohaku annual scholarships (one $2k scholarship awarded to one applicant from each of the four homesteads), and the balance is divided among the five entities to support community events and projects. Kcdc provides shared resources to the homestead association such as bulk mailing and printing services and meeting spaces. Kcdc provides employment opportunities for homestead residents, at this time all staff are homestead residents. Kcdc board of directors consists of two people from each of the four homesteads; one of which is a board designate from the homestead association and one that is a resident of the homestead (not on the board). Kcdc is for community by community. Currently serves around 1,050 homes between the four homesteads, at full build-out there will be over 2,000 homes; this is projected to be the largest concentration of native hawaiians on the planet.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 88
  • Accountability: 84
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32%; rating input score 32
  • Program expense ratio: 79%; rating input score 79
  • Fundraising efficiency: $8.16 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 90.8%; rating input score 91; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 59.6%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 5.03; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 16.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: -4.4% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 13.2% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 32% of revenue deployed · 79% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $411K in reported program spending
  • Leadership: top reported pay $86K · 9 people listed
  • Consistency: 43 of 44 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 2 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.