Hawaii Credit Union League

Honolulu, HI
Tax-exempt since April 1945
EIN: 99-0039971

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$1.3M (2024)

Expenses

$1.34M (2024)

Total Assets

$3.84M (2024)

Total Liabilities

$194k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Revenue

$1,301,054

Expenses

$1,340,658

Net Income

-$39,604

Net Assets

$3,650,534

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,224,930	94.1%
Investment Income	$49,241	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$34,842	2.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$7,959

Notable Expenses		Percent of Total Expenses
Executive Compensation	$52,357	3.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$463,992	34.6%

Assets/Debt
Total Assets	$3,844,776
Total Liabilities	$194,242
Net Assets	$3,650,534

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Carol Marx (Former President)	$52,357	$52,357	$13,490
Timothy Ashcraft (President)	$7,404	$7,404	$0
Norman Okimoto (Chairman)	$0	$0	$0
Tess Shimabukuro (Vice Chair)	$0	$0	$0
Scott Kaulukukui (Secretary)	$0	$0	$0
Alan Arai (Treasurer)	$0	$0	$0
Nicole Aguinaldo (Director)	$0	$0	$0
Guy Muraoka (Director)	$0	$0	$0
Aaron Sugimoto (Director)	$0	$0	$0
Karl Yoneshige (Interim President)	$0	$0	$0

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990

Filed on April 15, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2023

Revenue

$1,296,560

Expenses

$1,307,568

Net Income

-$11,008

Net Assets

$3,649,100

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$700	0.1%
Program Services	$1,225,803	94.5%
Investment Income	$28,697	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$31,510	2.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,850	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$53,598	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$470,193	36.0%

Assets/Debt
Total Assets	$3,808,557
Total Liabilities	$159,457
Net Assets	$3,649,100

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Carol Marx (President)	$53,597	$53,597	$11,782
Norman Okimoto (Chairman)	$0	$0	$0
Tess Shimabukuro (Vice Chair)	$0	$0	$0
Scott Kaulukukui (Secretary)	$0	$0	$0
Alan Arai (Treasurer)	$0	$0	$0
Nicole Aguinaldo (Director)	$0	$0	$0
Timothy Ashcraft (Director)	$0	$0	$0
Guy Muraoka (Director)	$0	$0	$0

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990

Filed on April 12, 2024

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Fiscal Year Ending June
2022

Revenue

$1,206,705

Expenses

$1,174,842

Net Income

$31,863

Net Assets

$3,626,155

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,465	0.5%
Program Services	$1,141,629	94.6%
Investment Income	$4,165	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$39,265	3.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$16,181	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$88,250	7.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$405,954	34.6%

Assets/Debt
Total Assets	$3,807,665
Total Liabilities	$181,510
Net Assets	$3,626,155

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$88,250	$88,250	$28,500
Norman Okimoto (Chairman)	$0	$0	$0
Tess Shimabukuro (Vice Chair)	$0	$0	$0
Scott Kaulukukui (Secretary)	$0	$0	$0
Alan Arai (Treasurer)	$0	$0	$0
Nicole Aguinaldo (Director)	$0	$0	$0
Timothy Ashcraft (Director)	$0	$0	$0
Guy Muraoka (Director)	$0	$0	$0

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990

Filed on April 13, 2023

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Fiscal Year Ending June
2021

Revenue

$1,196,867

Expenses

$991,010

Net Income

$205,857

Net Assets

$3,637,319

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$142	0.0%
Program Services	$974,223	81.4%
Investment Income	$3,932	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$41,347	3.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$177,223	14.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$86,567	8.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$405,841	41.0%

Assets/Debt
Total Assets	$3,813,919
Total Liabilities	$176,600
Net Assets	$3,637,319

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$87,268	$87,269	$26,922
Andrew Rosen (Chairman (Former))	$0	$0	$0
Clayton Fuchigami (Chairman)	$0	$0	$0
Tess Shimabukuro (Vice Chair)	$0	$0	$0
Norman Okimoto (Treasurer)	$0	$0	$0
Alan Arai (Secretary)	$0	$0	$0
Tricia Buskirk (Secretary (Former))	$0	$0	$0
Timothy Ashcraft (Director)	$0	$0	$0
Monica Belz (Director)	$0	$0	$0
Robin Kim (Director)	$0	$0	$0

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990

Filed on March 10, 2022

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Fiscal Year Ending June
2020

Revenue

$1,018,415

Expenses

$1,097,654

Net Income

-$79,239

Net Assets

$3,348,973

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,200	0.6%
Program Services	$904,450	88.8%
Investment Income	$14,065	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$61,501	6.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$32,199	3.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$102,005	9.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$418,410	38.1%

Assets/Debt
Total Assets	$3,602,581
Total Liabilities	$253,608
Net Assets	$3,348,973

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$89,505	$89,505	$25,000
Andrew Rosen (Chairman)	$0	$0	$0
Clayton Fuchigami (Vice Chairman)	$0	$0	$0
Tricia Buskirk (Secretary)	$0	$0	$0
Alan Arai (Director)	$0	$0	$0
Cindy Geiling (Director Left 4/23)	$0	$0	$0
Gordon Sam (Director Left 4/23)	$0	$0	$0
Tess Shimabukuro (Director)	$0	$0	$0
Monica Belz (Director Start 4/24)	$0	$0	$0
Robin Kim (Director Start 4/24)	$0	$0	$0

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990

Filed on March 24, 2021

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Fiscal Year Ending June
2019

Revenue

$1,280,013

Expenses

$1,320,337

Net Income

-$40,324

Net Assets

$3,438,437

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,340	0.3%
Program Services	$1,133,231	88.5%
Investment Income	$14,627	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$62,157	4.9%
Net Fundraising	$0
Sales of Assets	$5,018	0.4%
Net Inventory Sales	$0
Other Revenue	$60,640	4.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$91,161	6.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$433,564	32.8%

Assets/Debt
Total Assets	$3,595,963
Total Liabilities	$157,526
Net Assets	$3,438,437

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$92,506	$92,506	$23,994
Andrew Rosen (Chairman)	$0	$0	$0
Clayton Fuchigami (Vice Chairman)	$0	$0	$0
Tricia Buskirk (Secretary)	$0	$0	$0
Alan Arai (Treasurer)	$0	$0	$0
Cindy Geiling (Director)	$0	$0	$0
Gordon Sam (Director)	$0	$0	$0
Tess Shimabukuro (Director)	$0	$0	$0

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990

Filed on April 16, 2020

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Fiscal Year Ending June
2018

Revenue

$1,188,820

Expenses

$1,196,960

Net Income

-$8,140

Net Assets

$3,438,812

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,170	0.5%
Program Services	$1,115,566	93.8%
Investment Income	$12,220	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,537	3.6%
Net Fundraising	$0
Sales of Assets	-$5,452
Net Inventory Sales	$0
Other Revenue	$17,779	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$99,304	8.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$363,801	30.4%

Assets/Debt
Total Assets	$4,074,619
Total Liabilities	$635,807
Net Assets	$3,438,812

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$83,243	$83,243	$31,290
Andrew Rosen (Chairman)	$0	$0	$0
Clayton Fuchigami (Vice Chairman)	$0	$0	$0
Tricia Buskirk (Secretary)	$0	$0	$0
Alan Arai (Treasurer)	$0	$0	$0
Cindy Geiling (Director)	$0	$0	$0
Gordon Sam (Director)	$0	$0	$0
Tess Shimabukuro (Director)	$0	$0	$0
Corinne King (Director Until January 2018)	$0	$0	$0

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990

Filed on April 11, 2019

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Fiscal Year Ending June
2017

Revenue

$1,186,046

Expenses

$1,156,415

Net Income

$29,631

Net Assets

$3,479,311

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,008	0.2%
Program Services	$1,118,356	94.3%
Investment Income	$9,089	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,092	3.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$14,501	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$94,270	8.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$346,504	30.0%

Assets/Debt
Total Assets	$4,258,705
Total Liabilities	$779,394
Net Assets	$3,479,311

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$77,286	$77,286	$33,890
Clayton Fuchigami (Chairman)	$0	$0	$0
Andrew Rosen (Vice Chairman)	$0	$0	$0
Alan Arai (Secretary)	$0	$0	$0
Tricia Buskirk (Director)	$0	$0	$0
Cindy Geiling (Director)	$0	$0	$0
Corinne King (Director)	$0	$0	$0
Gordon Sam (Director)	$0	$0	$0
Cheryl Marzo (Vice Chairman Until February 2017)	$0	$0	$0
Scot Tsuchiyama (Treasurer Until May 2017)	$0	$0	$0
Melvin Chiba (Director Until October 2016)	$0	$0	$0

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990

Filed on April 14, 2018

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Fiscal Year Ending June
2016

Revenue

$1,229,393

Expenses

$1,211,596

Net Income

$17,797

Net Assets

$3,389,072

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,646	1.3%
Program Services	$1,138,399	92.6%
Investment Income	$12,390	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,092	3.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$20,866	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,248	7.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$432,479	35.7%

Assets/Debt
Total Assets	$3,687,530
Total Liabilities	$298,458
Net Assets	$3,389,072

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$74,387	$74,387	$27,574
Alan Arai (Secretary)	$0	$0	$0
Clayton Fuchigami (Chairman)	$0	$0	$0
Scot Tsuchiyama (Treasurer)	$0	$0	$0
Cheryl Weaver (Vice Chairman)	$0	$0	$0
Melvin Chiba (Director)	$0	$0	$0
Andrew Rosen (Director)	$0	$0	$0
Gordon Sam (Director)	$0	$0	$0

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990

Filed on Feb. 15, 2017

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Fiscal Year Ending June
2015

Revenue

$1,310,035

Expenses

$1,327,301

Net Income

-$17,266

Net Assets

$3,282,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,626	1.3%
Program Services	$1,192,125	91.0%
Investment Income	$11,701	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,092	3.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$47,491	3.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$85,875	6.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$503,626	37.9%

Assets/Debt
Total Assets	$3,572,713
Total Liabilities	$289,805
Net Assets	$3,282,908

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dennis Tanimoto (President)	$71,304	$71,303	$26,397
Alan Arai (Secretary)	$0	$0	$0
Clayton Fuchigami (Chairman)	$0	$0	$0
Scot Tsuchiyama (Treasurer)	$0	$0	$0
Cheryl Weaver (Vice Chairman)	$0	$0	$0
Melvin Chiba (Director)	$0	$0	$0
Andrew Rosen (Director)	$0	$0	$0
Gordon Sam (Director)	$0	$0	$0

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990

Filed on Feb. 15, 2016

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Fiscal Year Ending June
2014

Revenue

$1,222,810

Expenses

$1,315,201

Net Income

-$92,391

Net Assets

$3,177,951

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,012	0.9%
Program Services	$1,151,617	94.2%
Investment Income	$8,113	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,092	3.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,976	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,652	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$537,405	40.9%

Assets/Debt
Total Assets	$3,475,216
Total Liabilities	$297,265
Net Assets	$3,177,951

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Revenue

$1,260,669

Expenses

$1,269,932

Net Income

-$9,263

Net Assets

$3,074,286

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$377,246	29.9%
Investment Income	$8,054	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$41,387	3.3%
Net Fundraising	$0
Sales of Assets	$2,427	0.2%
Net Inventory Sales	$0
Other Revenue	$831,555	66.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$144,679	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$456,201	35.9%

Assets/Debt
Total Assets	$3,436,787
Total Liabilities	$362,501
Net Assets	$3,074,286

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$1,326,136

Expenses

$1,365,439

Net Income

-$39,303

Net Assets

$2,897,374

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$428,928	32.3%
Investment Income	$11,674	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$34,857	2.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$850,677	64.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$142,197	10.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$466,150	34.1%

Assets/Debt
Total Assets	$3,545,801
Total Liabilities	$648,427
Net Assets	$2,897,374

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$1,271,861

Expenses

$1,349,395

Net Income

-$77,534

Net Assets

$2,756,645

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$422,470	33.2%
Investment Income	$10,829	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$32,273	2.5%
Net Fundraising	$0
Sales of Assets	-$236
Net Inventory Sales	$0
Other Revenue	$806,525	63.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$144,736	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$457,098	33.9%

Assets/Debt
Total Assets	$3,353,557
Total Liabilities	$596,912
Net Assets	$2,756,645

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Hawaii Credit Union League

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $1.3M (2024)

Expenses $1.34M (2024)

Total Assets $3.84M (2024)

Total Liabilities $194k (2024)

Tax Filings by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$1.3M (2024)

Expenses

$1.34M (2024)

Total Assets

$3.84M (2024)

Total Liabilities

$194k (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005