Program areas at Hawaii Community Reinvestment Corporation
Hcrc and subsidiaries have assisted 3,508 affordable rental housing units with funding of 205.5 million through its affordable housing loan participation program, provided 7 business loans totaling 3.6 million through the sba 504 loan program, provided 22 business loans totaling 2,206,138 directly to nonprofit and small businesses, and provided 203 energy efficiency loans totaling 4.8 million through the dbedt greensun loan loss reserve program. In 2022, 500,000 in financing was provided for pre-development of 66 affordable housing units and 50,000 in financing was provided for critical home repairs of 6 affordable homes. Hcrc granted 789,474 to the university of Hawaii foundation to fund an endowment to establish the Hawaii Community Reinvestment Corporation distinguished professorship in affordable housing, administered a passthrough grant in the amount of 1,983,950 for hud and c&c honolulu to a nonprofit for preservation of affordable housing in tod district, and adminstered 153 passthrough grants totaling 1,833,759 for the c&c honolulu mayors office of culture and arts cares act recovery & relief fund program. Hcrc provides free financial technical assistance and training to Community based organizations through individual consultations, webinars, and convenings.
Grants made by Hawaii Community Reinvestment Corporation
Who funds Hawaii Community Reinvestment Corporation
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Harry & Jeanette Weinberg Foundation | 2022-12 | To Support the Professional Development of HCRC (A Current Grantee and Strategic Partner) in Attending the Opportunity Finance Fund Conference, the Largest National Cdfi Conference in the County, in New York From Oct 19 To 21. | $10,000 |
Personnel at Hawaii Community Reinvestment Corporation
| Name | Title | Compensation | Date of data |
|---|
| Heather Piper | Executive Director | $155,548 | 2023-11-06 |
| Linda Ezuka | Director of Investor Relations | $0 | 2023-02-02 |
| Bryan Luke | Board Member | $0 | 2023-02-02 |
| Scott Hayashi | Treasurer | $0 | 2023-02-02 |
| Alan Yee | Treasurer and Director | $0 | 2017-12-31 |
| ...and 1 more key personnel |
Financials for Hawaii Community Reinvestment Corporation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $357,334 | $336,935 | 6.1% |
| Program services | $43,804 | $33,281 | 31.6% |
| Investment income and dividends | $2,442 | $3,496 | -30.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $403,580 | $373,712 | 8% |
Organizations like Hawaii Community Reinvestment Corporation
| Organization | Type | Location | Revenue |
|---|
| Neighborhood Housing Services of Duluth One Roof Lending | 501(c)(3) | Duluth, MN | $1,142,937 |
| Community Development Fund of Utah | 501(c)(3) | Salt Lake City, UT | $259,036 |
| Mountain Housing Opportunities Loan Fund | 501(c)(3) | Asheville, NC | $651,635 |
| The Greater New Haven Community Loan Fund | 501(c)(3) | New Haven, CT | $1,916,208 |
| Mni Sota Fund | 501(c)(3) | Minneapolis, MN | $362,785 |
| Hhoc Mortgage | 501(c)(3) | Honolulu, HI | $303,213 |
| Solitas House | 501(c)(3) | Tampa, FL | $803,502 |
| Greater Rochester Housing Partnership | 501(c)(3) | Rochester, NY | $889,346 |
| Acts Lending | 501(c)(3) | Milwaukee, WI | $584,182 |
| Osage Financial Resources | 501(c)(3) | Pawhuska, OK | $149,090 |
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donations
General information
- Address
- PO Box 3409
- Honolulu, HI 96801
- Metro area
- Urban Honolulu, HI
- County
- Honolulu County, HI
- Website URL
- hcrchawaii.com/Â
- Phone
- (808) 532-3110
IRS details
- EIN
- 99-0282148
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1990
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
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