2024-05-14T14:46:41-05:00 2023-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2022-07-01 272908552 KUNIA VILLAGE DEVELOPMENT CORPORATION KUNI 8086211350 PO BOX 100 KUNIA HI 96759 ALICE TUPOU VICE PRESIDENT, CONTROLLER 8086211350 2024-05-14 1 ALICE TUPOU 999009999 0 RODNEY M HARANO P00389596 8085311040 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BLAKE VANCE PO BOX 100 KUNIA HI 96759 932234 0 X N/A X 2010 HI TO PROVIDE LOW-INCOME RENTAL HOUSING FOR AGRICULTURAL WORKERS. 6 4 0 30 0 0 611894 250461 136634 681773 0 0 0 0 748528 932234 0 46138 0 0 0 0 0 0 0 45525 816098 45525 862236 703003 69998 2384922 2537280 11649 94009 2373273 2443271 TO PROVIDE LOW-INCOME RENTAL HOUSING FOR AGRICULTURAL WORKERS. 0 0 862236 46138 681773 KUNIA VILLAGE DEVELOPMENT CORPORATION ENTERED INTO A JOINT AGREEMENT WITH AN AFFILIATE OF RURAL COMMUNITY ASSISTANCE CORPORATION, A CALIFORNIA NONPROFIT CORPORATION, TO JOINTLY REHABILITATE OR REPLACE IMPROVEMENTS ON PROPERTY HELD BY KUNIA VILLAGE TITLE HOLDING CORPORATION, A RELATED ORGANIZATION TO KUNIA VILLAGE DEVELOPMENT CORPORATION. THE INTENT OF THIS ARRANGEMENT IS TO RENOVATE THE EXISTING AGRICULTURAL WORKER HOUSING COMMUNITY THROUGH THE FORMATION OF A HAWAII LIMITED PARTNERSHIP AND USE OF TAX CREDITS FOR AFFORDABLE HOUSING DEVELOPMENTS. 862236 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X ALICE TUPOU 8086211350 PO BOX 100 92-1770 KUNIA ROAD KUNIA HI 96759 DR BLAKE VANCE PRESIDENT 1.00 40.00 X X 0 94938 21687 PAMELA WITTY-OAKLAND VICE PRESIDENT 1.00 X X 0 0 0 DAVID ROBICHAUX SECRETARY 1.00 1.00 X X 0 0 0 STEPHANIE A WHALEN TREASURER 1.00 18.00 X X 0 53400 0 JONATHAN DURRETT DIRECTOR 1.00 1.00 X 0 0 0 JERRY SCHMITZ DIRECTOR 1.00 X 0 0 0 0 148338 21687 0 0 0 0 SCPM PO BOX 700489 KAPOLEI HI 96709 MAINTENANCE, REHAB. OF HISTORIC HOMES 291509 ITC WATER MANAGEMENT PO BOX 458 HALEIWA HI 96712 CONSTRUCT & INSTALL POTABLE WATER LINES 179338 BC CONSTRUCTION PO BOX 894516 MILILANI HI 96789 CONSTRUCT & INSTALL POTABLE WATER LINES 102952 3 397 231364 18700 250461 RENTAL INCOME 531110 605809 605809 DEVELOPER FEE 531390 67274 67274 KV COMMUNITY CENTER 900099 8690 8690 681773 932234 681773 0 0 46138 46138 122706 122706 243 243 10152 10152 88323 88323 51366 51366 26794 26794 MAINTENANCE AND REPAIR 441094 441094 REAL PROPERTY TAXES 45315 45315 OTHER 21535 21535 KV COMMUNITY EVENTS 7016 7016 1554 1554 862236 862236 0 0 102720 24833 120289 115113 22521 2427956 53143 2161913 2374813 2384922 2537280 11649 94009 11649 94009 X 2313273 2433271 60000 10000 2373273 2443271 2384922 2537280 69998 0 X 0 1 X 1 0 X 12170 269571 1408199 611894 250461 2552295 136634 681772 818406 12170 269571 1408199 748528 932233 3370701 0 0 0 3370701 12170 269571 1408199 748528 932233 3370701 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6461 2423 4038 2421495 50720 2370775 2374813 X 257417 50000 50000 207417 724817 724817 932234 137419 0 137419 724817 724817 862236 PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED THE TAX POSITIONS OF KVDC AS OF AND FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. KVDC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: (INCREASE) DECREASE IN NET ASSETS WITH DONOR RESTRICTIONS 50,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROGRAM RENTAL EXPENSE 724,817. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROGRAM RENTAL EXPENSE 724,817. 1 KUNIA VILLAGE TITLE HOLDING COMPANY POBOX 100 KUNIA HI 96759 272334108 501(C)(2) 46138 0 TO UPGRADE POTABLE WATER DISTRIBUTION SYSTEM TO RESIDENTIAL HOMES. 0 1 PART I, LINE 2: PROJECTS ARE CREATED FOR EACH GRANT FUNDING SOURCE. STAFF ARE THEN ABLE TO ALLOCATION SALARY TIME AND CODE MATERIAL AND OTHER EXPENSES TO A SPECIFIC PROJECT FUNDING SOURCE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEMBERSHIP MEETING, THE ORGANIZATION'S MEMBER (I)MAY CHANGE THE NUMBER OF DIRECTORS, (II)SHALL ELECT THE OFFICERS AND DIRECTORS, AND (III)SHALL ADMIT AND REMOVE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEMBERSHIP MEETING, THE ORGANIZATION'S MEMBER SHALL TRANSACT ANY GENERAL BUSINESS WHICH MAY BE BROUGHT BEFORE THE MEETING, AND MAY TAKE ANY CORPORATE ACTION. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER OF HARC (SOLE MEMBER) REVIEWS 990 DRAFT FOR CORRECTNESS THEN FORWARDS ELECTRONIC COPY TO ALL BOARD MEMBERS WITH COMMENTS. THE 990 IS APPROVED AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HAWAII AGRICULTURE RESEARCH CENTER PO BOX 100 KUNIA HI 96759 990040700 MAINTAINING, ADVANCING, IMPROVING & PROTECTING THE HI AGRICULTURE HI 501(C)(3) LINE 7 N/A 0 KUNIA VILLAGE TITLE HOLDING CORPORATION PO BOX 100 KUNIA HI 96759 272334108 TO HOLD TITLE TO REAL AND PERSONAL PROPERTY & REMIT INCOME TO HARC HI 501(C)(2) HAWAII AGRICULTURE RESEARCH CENTER 0 HAWAII FOUNDATION FOR AGRICULTURE RESEARCH PO BOX 100 KUNIA HI 96759 262126224 SUPPORTING ORGANIZATION TO HAWAII AGRICULTURE RESEARCH CENTER HI 501(C)(3) LINE 12C, III-FI HAWAII AGRICULTURE RESEARCH CENTER 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0