2017-11-15T20:53:54-06:00 2016-12-31 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2016-01-01 990229787 OAHU ECONOMIC DEVELOPMENT BOARD OAHU 8085213611 735 BISHOP STREET NO 424 HONOLULU HI 96813 PONO SHIM PRESIDENT & CEO 8085213611 2017-11-15 1 DEANNA C AWA P00647777 8085262255 64.128.4.162 2017-11-15 16:53:45 HS P ECDFED6AE46D2CCDE335842061BE07345A2585EE CB6D05308595CFB2BA52FBFB5443BA3EAF51590F 2016 2017-02-10 21:41:12Z PONO SHIM 735 BISHOP STREET NO 424 HONOLULU HI 96813 1021475 0 X WWW.ENTERPRISEHONOLULU.COM X 1984 HI PROMOTE AND ENCOURAGE ECONOMIC GROWTH, DEVELOPMENT, AND DIVERSIFICATION WITHIN THE CITY AND COUNTY OF HONOLULU AND THE STATE OF HAWAII. 29 29 4 0 0 0 480859 579540 496288 441935 0 0 0 0 977147 1021475 0 0 0 0 528697 658906 0 0 0 358846 318713 887543 977619 89604 43856 182775 212169 92018 77553 90757 134616 X OAHU ECONOMIC DEVELOPMENT BOARD (OEDB) IS A NON-PROFIT, FUNDED PRIMARILY BY THE PRIVATE SECTOR. THE ORGANIZATION'S EFFORTS SUPPORT A DIVERSIFIED ECONOMY ON O'AHU BY BEING A LEADING AGENT IN THE GROWTH, RETENTION AND RECRUITMENT OF BUSINESSES THAT OFFER QUALITY JOBS IN HAWAII. OEDB IS ALSO ACTIVELY INVOLVED IN INFRASTRUCTURE, PLANNING AND WORKFORCE DEVELOPMENT TO BUILD THE FOUNDATION FOR A GLOBALLY COMPETITIVE, PROSPEROUS ECONOMY. 1 1 482651 185000 HAWAI'I GREEN GROWTH IS COMMITTED TO BUILDING A MORE RESILIENT AND SUSTAINABLE FUTURE FOR HAWAI'I. HAWAI'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'I GREEN GROWTH, PROVIDING A TRUST-BASED FRAMEWORK TO PROMOTE SYSTEM-LEVEL CHANGE ACROSS HAWAI'I. 176231 16205 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 SHADE (SUSTAINABLE, HUMANITARIAN, ARCHITECTURE AND DESIGN FOR THE EARTH). 36153 40000 THE HAWAII TOURISM AUTHORITY CONTRACT INVOLVES CONDUCTING FOCUS GROUP DISCUSSIONS (WORKSHOPS) ON THE PHILOSOPHY AND FUNDAMENTALS OF THE ALOHA SPIRIT IN A MANNER THAT WILL ALLOW PARTICIPANTS TO MORE FULLY APPRECIATE HAWAI'I AS A DESTINATION. THE OVERRIDING GOALS OF THE WORKSHOPS ARE TO STIMULATE OR CONNECT PARTICIPANTS WITH AN UNDERSTANDING OR APPRECIATION OF THE ALOHA SPIRIT AND TO OBTAIN THE PARTICIPANTS' PERSPECTIVES FOR PURPOSES OF THE PRODUCTION AND DEVELOPMENT OF A DESTINATION VIDEO, FOCUSED PRIMARILY ON SHARING THE DEEPER MEANING AND CONTEXT SURROUNDING ALOHA AND HAWAIIAN CULTURE. THE VIDEO WILL BE USED TO CREATE INCREASED AWARENESS OF THE HAWAIIAN ISLANDS AND TO HELP STIMULATE INCREMENTAL TOURISM BY MESSAGING HAWAI'I IN A CULTURALLY INNOVATIVE WAY. 64915 200730 OTHER PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE PROVIDING SUPPORT TO THE CITY & COUNTY OF HONOLULU, THE COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS), NEW MARKETS TAX CREDIT, FISCAL AGENT FOR THE HAWAII EAST PREVENT SUICIDE TASKFORCE, HAWAII WEST PREVENT SUICIDE TASKFORCE. 64915 200730 759950 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 0 1 X 6 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 HI X DORI BABA 8085213611 735 BISHOP STREET SUITE 424 HONOLULU HI 96813 ALAN ARIZUMI TREASURER & DIRECTOR THRU 2.00 X X 0 0 0 CATHERINE NGO SECRETARY & DIRECTOR THRU 2.00 X X 0 0 0 CHRISTINE M GAYAGAS DIRECTOR 2.00 X 0 0 0 COLBERT MATSUMOTO DIRECTOR THRU 6/30/15 2.00 X 0 0 0 DAVID BYLUND DIRECTOR 2.00 X 0 0 0 DAVID J REBER DIRECTOR 2.00 X 0 0 0 DAVID TUMILOWICZ DIRECTOR 2.00 X 0 0 0 DENNIS FRANCIS DIRECTOR 2.00 X 0 0 0 ERIC MARTINSON DIRECTOR 2.00 X 0 0 0 GUY KAULUKUKUI DIRECTOR THRU 3/31/15 2.00 X 0 0 0 JAMES AJELLO DIRECTOR 2.00 X 0 0 0 JAN SULLIVAN DIRECTOR 2.00 X 0 0 0 JEFFREY H OVERTON TREASURER & DIRECTOR 2.00 X X 0 0 0 JEFFREY KD AU DIRECTOR 2.00 X 0 0 0 KEITH YOSHIDA DIRECTOR 2.00 X 0 0 0 KITTY LAGARETA DIRECTOR 2.00 X 0 0 0 LANCE WILHELM DIRECTOR 2.00 X 0 0 0 LARRY GILBERT DIRECTOR 2.00 X 0 0 0 MURRAY CLAY DIRECTOR 2.00 X 0 0 0 MYRON THOMPSON DIRECTOR 2.00 X 0 0 0 NELSON KM LAU VICE CHAIR & DIRECTOR 2.00 X X 0 0 0 PATRICK SULLIVAN DIRECTOR 2.00 X 0 0 0 ROBERT ALM CHAIRMAN & DIRECTOR 2.00 X X 0 0 0 ROBIN CAMPANIANO DIRECTOR 2.00 X 0 0 0 ROY CATALANI SECRETARY & DIRECTOR 2.00 X X 0 0 0 SHANNON OKINAKA DIRECTOR 2.00 X 0 0 0 SHERYL NICHOLSON DIRECTOR 2.00 X 0 0 0 TIMOTHY JOHNS DIRECTOR 2.00 X 0 0 0 TYLER TOKIOKA DIRECTOR 2.00 X 0 0 0 VASSILIS SYRMOS DIRECTOR 2.00 X 0 0 0 MAHINA PAISHON-DUARTE DIRECTOR 2.00 X 0 0 0 NEILL CHAR DIRECTOR 2.00 X 0 0 0 DENIS ISONO DIRECTOR 2.00 X 0 0 0 PONO SHIM PRESIDENT & CEO 50.00 X 140000 0 19566 140000 0 19566 1 0 1 0 0 579540 579540 BUSINESS DEV - PROGRAM 541610 191943 191943 HAWAI'I GREEN GROWTH 541610 185000 185000 HTA 541610 40000 40000 CEDS 541610 12492 12492 HIEASTPSTF 541610 8000 8000 4500 4500 441935 1021475 441935 0 0 X 159566 147217 12349 374227 312973 61254 64904 19013 45891 60209 49581 10628 32626 25101 7525 135917 129971 5946 12253 11120 1133 7819 3410 4409 4686 255 4431 49562 5153 44409 19822 19822 28602 28598 4 2165 2165 2468 2468 11272 11272 SPECIAL EVENTS 6256 6256 EQUIPMENT RENTAL 2844 2844 SUPPLIES 1330 601 729 MEMBERSHIP DUES 588 588 503 291 212 977619 759950 217669 0 301 300 160615 192477 7485 7485 143874 134285 12056 9589 2318 2318 182775 212169 46784 49679 45234 27874 92018 77553 X -55570 -47800 146327 182416 90757 134616 182775 212169 X 43856 3 X 0 0 0 X 249945 161577 298000 480859 579540 1769921 249945 161577 298000 480859 579540 1769921 928677 841244 12 12 1769933 2151248 0.47530 0.52870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143874 134285 9589 9589 CPB CREDITFLEX 27874 27874 X 0 0 0 0 0 0 0 0 0 PONO SHIM PRESIDENT & CEO 140000 0 0 0 0 0 4200 0 15366 0 159566 0 0 0 FORM 990, PART III, LINE 2 WORK HAS STARTED IN 2016 FOR HAWAII TOURISM AUTHORITY, PLEASE REFER TO THE PROGRAM SERVICE ACCOMPLISHMENTS DISCLOSED ON PART III LINE 4C FOR FURTHER DETAIL. FORM 990, PART III, LINE 3 WORK HAS COMPLETED & SERVICE HAS CEASED AT YEAR-END FOR THE FOLLOWING PROGRAMS: FISCAL AGENT FOR SHADE (SUSTAINABLE, HUMANITARIAN, ARCHITECTURE AND DESIGN FOR THE EARTH), CITY & COUNTY OF HONOLULU HAWAII FASHION MONTH GRANT. FORM 990, PART V, LINE 7G AND 7H: QUESTIONS 7G AND 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN MARKED NO. FORM 990, PART VI, SECTION A, LINE 2 ERIC MARTINSON (DIRECTOR) AND CHRISTINE GAYAGAS (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. ERIC MARTINSON (DIRECTOR) AND NELSON LAU (VICE CHAIR, DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. ERIC MARTINSON (DIRECTOR) AND TIMOTHY JOHNS (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. JAN SULLIVAN (DIRECTOR) AND PATRICK SULLIVAN (DIRECTOR) HAVE A BUSINESS & FAMILY RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND JAMES AJELLO (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND ROY CATALANI (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND TIMOTHY JOHNS (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND SHANNON OKINAKA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND NEILL CHAR (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. NELSON LAU (VICE CHAIR, DIRECTOR) AND DENIS ISONO (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TIMOTHY JOHNS (DIRECTOR) AND JAMES AJELLO (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (DIRECTOR) AND ROBERT ALM (CHARIMAN) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (DIRECTOR) AND SHANNON OKINAKA (DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. TYLER TOKIOKA (DIRECTOR) AND NELSON LAU (VICE CHAIR, DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. DAVID TUMILOWICZ (DIRECTOR) AND NELSON LAU (VICE CHAIR, DIRECTOR) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. ROBIN CAMPANIANO (DIRECTOR), LARRY GILBERT (DIRECTOR), JEFFREY AU (DIRECTOR), KITTY LAGARETA (DIRECTOR), AND MYRON THOMPSON (DIRECTOR), HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO REVIEWS FORM 990 PRIOR TO SUBMITTING TO THE IRS. UPON COMPLETION OF FILING THE FORM 990 WITH THE IRS, THE BOARD OF DIRECTORS ARE THEN NOTIFIED AT THE NEXT BOARD MEETING THAT THE 990 WAS FILED, AND COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY, WHICH IS APPROVED BY THE BOARD OF DIRECTORS, IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD. DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. DIRECTORS WILL BRING UP FOR DISCUSSION AT BOARD MEETINGS IF THERE IS A POSSIBILITY THAT A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS PRESENTED TO THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE EXECUTIVE COMMITTEE. 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. FORM 990, PART IX, LINE 11G PROJECT MANAGEMENT FEE: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. 401(K) SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,317. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,317. BANK & BROKERAGE FEES: PROGRAM SERVICE EXPENSES 110. MANAGEMENT AND GENERAL EXPENSES 119. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229. CONTRACTOR: PROGRAM SERVICE EXPENSES 3,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,663. FISCAL AGENT: PROGRAM SERVICE EXPENSES 37,038. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,038. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 88,160. MANAGEMENT AND GENERAL EXPENSES 3,510. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,670. FORM 990, PART XI, LINE 9: ROUNDING 3.