Program areas at Hawaii Community Reinvestment Corporation
Hcrc and subsidiaries have provided financing for: the development of 3,508 affordable housing rental units with total funding of 205.5 million through its affordable housing bank consortium loan participaton program. 7 business loans totaling 3.6 million through the sba 504 program 203 energy efficient loans totaling 4.8 million through the dbedt greensun loan loss reserve program. 29 direct loans totaling 3.4 million to nonprofits and small businesses to support Community programs and economic development through its Community loan fund. 3 direct loans totaling 1.3 million for predevelopment of 649 new affordable rental units and 3 direct loans totaling 342k for the preservation of 7 affordable single family homes through its Community real estate loan fund. 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 preservation of affordable housing in tod district, and administered 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 consultation, 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 | 2023-12 | To Support This Organizations Community Real Estate Loan Fund Which Will Provide Low Cost Loans To Nonprofit Affordable Housing Developers To Finance Housing Predevelopment, Acquisition, Preservation, and Community Facilities. | $500,000 |
| Hau'oli Mau Loa Foundation | 2023-12 | Field Building Pri and Operating Grant, Affordable Housing | $280,000 |
| Hawai'i Pacific Health Group Return | 2023-06 | General Support | $25,000 |
Personnel at Hawaii Community Reinvestment Corporation
| Name | Title | Compensation | Date of data |
|---|
| Heather Piper | Executive Director | $155,548 | 2023-11-06 |
Financials for Hawaii Community Reinvestment Corporation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $882,671 | $357,334 | 147% |
| Program services | $73,546 | $43,804 | 67.9% |
| Investment income and dividends | $21,656 | $2,442 | 786.8% |
| 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 | $977,873 | $403,580 | 142.3% |
Organizations like Hawaii Community Reinvestment Corporation
| Organization | Type | Location | Revenue |
|---|
| Acts Lending | 501(c)(3) | Milwaukee, WI | $1,531,192 |
| Vermont Community Loan Fund | 501(c)(3) | Montpelier, VT | $3,257,007 |
| CHN Housing Capital | 501(c)(3) | Cleveland, OH | $2,431,806 |
| Neighborhood Housing Services of Duluth One Roof Lending | 501(c)(3) | Duluth, MN | $702,309 |
| Hhoc Mortgage | 501(c)(3) | Honolulu, HI | $1,102,798 |
| Solitas House | 501(c)(3) | Tampa, FL | $803,502 |
| Omaha 100 | 501(c)(3) | Omaha, NE | $3,703,305 |
| Wisconsin Native Loan Fund (WINLF) | 501(c)(3) | Lac Du Flambeau, WI | $2,323,280 |
| Greater Rochester Housing Partnership | 501(c)(3) | Rochester, NY | $1,353,775 |
| Community Capital New York | 501(c)(3) | Elmsford, NY | $3,053,463 |
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 servicesHousing
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online 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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