Hawaii · Nonprofit
HAWAII COMMUNITY REINVESTMENT CORPORATION
HAWAII COMMUNITY REINVESTMENT CORPORATION (Hawaii) receives grants from 7 organizations whose IRS filings report $3,260,750 to it, the largest being THE HARRY AND JEANETTE WEINBERG FOUNDATION INC ($1,760,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $860k
- Funders on record
- 7
- Grants received
- $3.3M
- Net assets
- $4.1M
What Hawaii Community Reinvestment Corporation does
Mission
The mission of Hawaii Community Reinvestment Corporation is to facilitate affordable housing, community development, and economic development throughout the state of hawaii by providing innovative financing, training and consulting to organizations who serve underserved and disadvantaged communities.
As stated on its FY2024 Form 990.
Program
Hcrc and subsidiaries have provided financing for: the development of 3,508 affordable housing rental units with total funding of 205.5 million through its affordable housing bank consortium loan participaton program. 7 business loans totaling 3.6 million through the sba 504 program 203 energy efficient loans totaling 4.8 million through the dbedt greensun loan loss reserve program. 30 direct loans totaling 4.9 million to nonprofits and small businesses to support community programs and economic development through its community loan fund. 5 direct loans totaling 2.7 million for predevelopment of 872 new affordable rental units and 4 direct loans totaling 591k for the preservation of 11 affordable single family homes and 3 direct loans totaling 310k for improvements to 56,000 sq ft of community facilities through its community real estate loan fund. Hcrc granted 789,474 to the university of hawaii foundation to fund an endowment to establish the Hawaii Community Reinvestment Corporation distinguished professorship in affordable housing, administered a passthrough grant in the amount of 1,983,950 for hud and c&c honolulu to a nonprofit preservation of affordable housing in tod…
$354,652 spent$165,886 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $354,652.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $5.0M to $3.5M (−31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 36% · 2020 77% · 2021 43% · 2022 36% · 2023 22% · 2024 15%. Grants only. Government contracts and fees sit inside program revenue.
77% of HAWAII COMMUNITY REINVESTMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Bryan Luke
Chairman & s
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $550k → $805k.
From the IRS filings of HAWAII COMMUNITY REINVESTMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HAWAII COMMUNITY REINVESTMENT CORPORATION leans on a few funders — its largest provides 54% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2018 100% · 2019 48% · 2020 56% · 2021 96% · 2022 97% · 2023 62% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
HAWAII COMMUNITY REINVESTMENT CORPORATION draws 61% of its grant income from funders outside Hawaii, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HAWAII COMMUNITY REINVESTMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Government funding HAWAII COMMUNITY REINVESTMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.1M on record.
- Department of the Treasury$1.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HAWAII COMMUNITY REINVESTMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Hawaii
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Hawaii Investors for Affordable Hou · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for HAWAII COMMUNITY REINVESTMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HAWAII COMMUNITY REINVESTMENT CORPORATION?
- HAWAII COMMUNITY REINVESTMENT CORPORATION (Hawaii) receives grants from 7 organizations whose IRS filings report $3,260,750 to it, the largest being THE HARRY AND JEANETTE WEINBERG FOUNDATION INC ($1,760,000). 5 of them have funded it in more than one year.
- How many funders does HAWAII COMMUNITY REINVESTMENT CORPORATION have?
- IRS filings report 7 organizations giving $3,260,750 in grants to HAWAII COMMUNITY REINVESTMENT CORPORATION, 5 of which have funded it in more than one year.
- Who is the largest funder of HAWAII COMMUNITY REINVESTMENT CORPORATION?
- THE HARRY AND JEANETTE WEINBERG FOUNDATION INC is the largest funder on record, with $1,760,000 in grants. The full list of funders is on this page.
- How can an organization like HAWAII COMMUNITY REINVESTMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing