EIN 99-0229787

Oahu Economic Development Board

IRS 501(c) type
501(c)(3)
Num. employees
7
State
Year formed
1984
Most recent tax filings
2022-12-01
Description
Oahu Economic Development Board promotes economic growth in Honolulu and Hawaii by supporting business development through private sector funding.
Also known as...
Enterprise Honolulu
Total revenues
$1,127,662
2022
Total expenses
$1,218,551
2022
Total assets
$1,091,719
2022
Num. employees
7
2022

Program areas at Oahu Economic Development Board

Hawai'Hawaii'i green growth is committed to building a more resilient and sustainable future for hawai'iHawaii'i. Hawai'Hawaii'i green growth serves as the backbone organization for the aloha+ challenge, and coordinates a broad stakeholder base to identify areas for statewide action on hawai'i's 2030 sustainability goals. The partnership honors a collaborative and integrated approach to achieve environmental, social, and Economic prosperity for future generations. Hawaiian culture and values are the bedrock of the aloha+ challenge and hawai'Hawaii'i green growth, providing a trust-based framework to promote system-level change across hawai'iHawaii'i.
The new markets tax credits ("nmtc") program provides a tax incentive for private sector investment into Economic Development projects and businesses located in low-income communities. This program is overseen by u.s. department of the treasury and directly administered by the community Development financials institutions ("cdfi") fund. Nmtcs are allocated by the cdfi fund to community Development entities ("cdes"). Cdes offer nmtcs to investors in exchange for qualified equity investments for the purpose of making loans to qualified active low-income businesses.
The mission of the business Development program is to achieve healthy & prosperous Economic sectors focusing on Hawaii's needs and building upon our unique assets. This initiative included leadership engagement and Development, trust building, community building and Development for capacity building to increase jobs and wages into the future. The targeted sectors and programs included, comprehensive Economic Development strategy - contracted assistance with businesses, office of planning, state department of business, fiscal agent for the Oahu prevent suicide task force and boma (building owners and managers association of hawaii).$10,000 of revenue was received for the professional mentoring and advising for the center for diverse leadership in science. Also, coordination and organizing of the Board of directors for cdls as interim Board chair 2022. For oedb, Development of examples of exporting knowledge and innovation expertise and importing monies to Hawaii.
Other program service accomplishments include providing support to the city & county of honolulu, the comprehensive Economic Development strategy (ceds), fiscal agent for the Hawaii east prevent suicide taskforce, and Hawaii west prevent suicide taskforce.

Grants made by Oahu Economic Development Board

GranteeGrant descriptionAmount
Economic Development Alliance of HawaiiGeneral Support$6,267

Who funds Oahu Economic Development Board

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hawaii Dental Service (HDS)Support for Community Services Provided By the Non-Profit Organization$50,000
Hawaii Dental Service (HDS)Support for Community Services Provided By the Non-Profit Organization$50,000
Tradewind Group FoundationExempt Purposes of the Organization$15,000
...and 1 more grant received

Personnel at Oahu Economic Development Board

NameTitleCompensation
Catherine Awakuni ColonPresident and Chief Executive Officer
Celeste ConnorsChief Executive Officer$160,685
Pono ShimPast President and Chief Executive Officer$82,986
Jeffrey H OvertonChairman and Director / Treasurer and Director$0
Tyler TokiokaVice Chair and Director$0
...and 3 more key personnel

Financials for Oahu Economic Development Board

RevenuesFYE 12/2022
Total grants, contributions, etc.$449,447
Program services$678,215
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,127,662

Form 990s for Oahu Economic Development Board

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
July 13, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Hawaii Dental Service (HDS)
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 3 new personnel
December 28, 2023
Received grants
Identified 3 new grant, including a grant for $50,000 from Hawaii Dental Service (HDS)
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
735 Bishop St 424
Honolulu, HI 96813
Metro area
Urban Honolulu, HI
County
Honolulu County, HI
Website URL
oedb.biz/ 
Phone
(808) 521-3611
IRS details
EIN
99-0229787
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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