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Lei Hoolaha

Lei Hoolaha

Kamuela, HI 96743
Tax ID45-2037703

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About this organization

Revenue

$88,346

Expenses

$60,276

Mission

To improve the educational and economic status of native Hawaiians and low income people by providing education, training and financial products to community based organizations, public entities, and individuals in the state of Hawaii.

About

Lei Ho'olaha was incorporated under the laws of the state of Hawaii in March 2011 to improve the educational and economic status of native Hawaiians and low income people by providing education, training, and financial products to community-based organizations in the state of Hawaii with the overall goal of making them creditworthy for commercial bank facilities. Its target market is state-certified charter schools and other community-based organizations in Hawaiian communities statewide. It intends for at least 50% of its borrowers to be native Hawaiian-led organizations. In FY 2019, Lei Ho'olaha offered two core loan products: working capital lines of credit and small business loans, each product tailored to meet the unique cash flow and financing needs of native Hawaiian charter schools and nonprofit organizations.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “To improve the educational and economic status of native hawaiians and low income people by providing education, training and financial products to community based organizations, public entities, and individuals in the state of hawaii.”.

When outlining the tasks it performs, they were referred to as: “To improve the educational and economic status of native hawaiians and low income people by providing education, training and financial products to community based organizations, public entities, and individuals in the state of hawaii.”.

  • The non-profit's reported state of operation is HI as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is PO BOX 1642, KAMUELA, HI, 96743.
  • As of 2020, the non-profit has 0 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is $28,070.
  • The organization has 8 independent voting members.
  • The organization was formed in 2011.
  • The organization pays $31,335 in salary, compensation, and benefits to its employees.
  • The organization pays $2,257 in fundraising expenses.

Additional Non-Profits in the area

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