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PAUAHI ELDERLY INC

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Public nonprofit record

PAUAHI ELDERLY INC

EIN 95-3883729 · Housing & Shelter (L200)

What they do

PAUAHI ELDERLY, INC. is A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES of THE STATE of HAWAII. THE CORPORATION WAS FORMED for THE PURPOSE of OPERATING A 48 UNIT COMMUNITY KNOWN AS PAUAHI KUPUNA HALE LOCATED IN HONOLULU, HAWAII, WHICH PROVIDES HOUSING for LOW INCOME ELDERLY PERSONS PURSUANT to SECTION 202 of THE NATIONAL HOUSING ACT, AS AMENDED. ON DECEMBER 20, 2019, THE ORIGINAL MORTGAGE WAS PAID IN FULL USING PROCEEDS FROM THE CB&T NOTE PAYABLE. ON MARCH 28, 2022, THE PROPERTY SOLD to PAUAHI RHF PARTNERS, LP.PAUAHI ELDERLY, INC. NOW FUNDS THE PROJECT THROUGH A SELLER CARRYBACK LOAN, and is THE MAJORITY MEMBER of PAUAHI RHF MGP, LLC. THE MAIN PURPOSE of THIS ENTITY GOING FORWARD WILL BE A FINANCING ARM of THE LOW INCOME HOUSING PROJECT THROUGH THE NEW PARTNERSHIP.

Money

Financial picture

Tax year 2023
Revenue$438,001
Expenses$120
Assets$6,825,289
Income$119,918
Contributions$301,097
Grants given$550,191
Average grant$275,096

About this charity

Recognized since
January 1983
Location
911 N STUDEBAKER ROAD, LONG BEACH, CA 90815
County
Los Angeles
In care of
FRANK ROSSELLO
Primary officer
FRANK ROSSELLO, CFO; V.P. FINANCE

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
June 1, 2023
Return type
990
Tax preparer
DAUBY OCONNOR & ZALESKI LLC
NTEE classification
Housing & Shelter (L200)
IRS tax category
Assisted Living Facilities for the Elderly
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Activity
381995000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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