Passes our checks

Housing and Land Enterprise of Maui

EIN 20-5325361 · Wailuku, HI

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO SECURE AND PRESERVE A PERMANENT SUPPLY OF AFFORDABLE HOUSING ALTERNATIVES FOR LOW AND MODERATE INCOME HOUSEHOLDS IN MAUI COUNTY.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 70 out of 100. Higher than 73% of charities in its peer group (housing, under $250k).

Reserves
35 of 35
Spendable reserves would cover 108.4 months of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 145% of income.
Income trend
0 of 15
Income fell 97% on the year before.
Spending floor
15 of 15
75% of spending went to programs and raising each dollar of donations cost 12 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, under $250k).

Independent board
25 of 25
9 of 10 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
5 of 5
Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$242,358 spent. THE GOAL OF THE ORGANIZATION IS TO INCREASE THE SUPPLY OF PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW- AND MODERATE-INCOME HOUSEHOLDS IN MAUI COUNTY BY RETAINING LAND OWNERSHIP AND ENSURING LONG-TERM AFFORDABILITY THROUGH A RENEWABLE GROUND LEASE. DURING THE 2024 TAX YEAR, NHOM COMPLETED REHABILITATION ACTIVITIES AND SOLD TWO HOMES TO INCOME-QUALIFIED HOUSEHOLDS, WHILE CONTINUING PROPERTY STEWARDSHIP, HOMEBUYER EDUCATION, AND PRE DEVELOPMENT PLANNING FOR FUTURE CONSTRUCTION.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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