2024-05-01T15:26:03-05:00 2023-12-31 203557677 KELLER AND ASSOCIATES LLP 18645 SHERMAN WAY SUITE 110 RESEDA CA 91335 990 2023-01-01 990268600 KONA HOUSING CORPORATION KONA 8089693327 688 KINOOLE STREET 102 HILO HI 96720 JACQUI HOOVER CHAIR 8089693327 2024-05-01 1 JACQUI HOOVER 999009999 0 DAVID KELLER P00227750 8183833079 X 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z JACQUI HOOVER 688 KINOOLE STREET 102 HILO HI 96720 351221 0 X N/A X 1988 HI TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 4 4 0 0 89519 0 251456 261195 84189 87037 166 507 2228 2482 338039 351221 0 0 0 0 0 26685 0 0 0 324789 307454 324789 334139 13250 17082 973783 959992 1400965 1370092 -427182 -410100 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 0 0 299126 351221 THE ORGANIZATION PROVIDED AFFORDABLE HOUSING FOR THE ELDERLY. THE AFFORDABLE RENTAL UNITS WERE OCCUPIED BY ELDERLY RESIDENTS FOR THE YEAR ENDED DECEMBER 31, 2023. 299126 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 8089693327 688 KINOOLE STREET 102 HILO HI 96720 X JACQUI L HOOVER CHAIR 1.00 0.00 X X 0 0 0 LEEANN SILVA EP VICE CHAIR 1.00 0.00 X X 0 0 0 JONATHAN MITCHELL SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 NAJHA C RAY DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 261195 261195 TENANT RENT, NET OF VA 87037 87037 87037 507 507 TENANT CHARGES 1550 1550 LAUNDRY INCOME 932 932 2482 351221 507 89519 0 26507 26507 178 178 14432 14432 18510 18510 4512 2441 2071 81040 81040 78620 78620 20609 20609 REPAIRS AND MAINTENANCE 47365 47365 RENT FREE UNIT 17574 17574 UTILITIES 11774 11774 MORTGAGE INSURANCE PREM 6129 6129 6889 6889 334139 299126 35013 0 14911 9123 446 2464 13200 19958 2618313 2034022 623981 584291 321245 344156 973783 959992 1139 8500 1382081 1344706 17745 16886 1400965 1370092 X -427182 -410100 -427182 -410100 973783 959992 17082 0 X 0 1 X 1 1 1 X 225492 260954 264045 251456 261195 1263142 225492 260954 264045 251456 261195 1263142 1263142 125 20 166 507 818 1190 1548 2228 2482 7448 1271408 0.99350 0.99600 X 2519355 1971221 548134 98958 62801 36157 584291 DEFERRED FINANCING COSTS 51043 MORTGAGE ESCROW 9936 REPLACEMENT RESERVE ACCOUNT 273952 RESIDUAL RECEIPTS ACCOUNT 15 TENANT SECURITY DEPOSITS HELD IN TRUST 9210 344156 ACCURED INTEREST PAYABLE 6667 PREPAID RENT 1012 TENANT SECURITY DEPOSITS PAYABLE 9207 16886 X 351221 0 351221 0 351221 334139 0 334139 0 334139 PART X, LINE 2: THE ORGANIZATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE 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 ORGANIZATION'S TAX POSITIONS AS OF DECEMBER 31, 2023 AND FOR THE YEAR THEN ENDED BY REVIEWING THIS INFORMATIONAL TAX RETURN AND CONFERRING WITH THEIR TAX ADVISOR, AND DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS REVIEW THE INITIAL DRAFT OF THE ANNUAL 990. THE BOARD OF DIRECTORS REVIEW THE FINAL DRAFT AND AUTHORIZE THE RELEASE AND EFILING OF THE ANNUAL 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS ANNUALLY COMPLETE A DISCLOSURE AND COMPLIANCE FORM. THIS DISCLOSURE FORM INCLUDES AN AFFIRMATION THAT THE OFFICER OR DIRECTOR HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND INFORMATION ON ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST INVOLVING AN OFFICER OR A DIRECTOR. THE COMPLIANCE FORM SHALL ALSO CONTAIN AN AFFIRMATION THAT THE OFFICER OR DIRECTOR UNDERSTANDS THE ORGANIZATION IS CHARITABLE IN NATURE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPT STATUS IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH IT TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST