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Filing year 2023

HEDCO LOCAL DEVELOPMENT CORPORATION

Honolulu, Hawaii·EIN 99-0210565·6
Total revenue
$1.2M
Total assets
$5.2M
Total expenses
$969k
Reported officers
13
Mission

PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

President/treasurer
$209k
$236k
Base
$190k
Bonus
Other
Benefits
$7k
Vice President
vice president
$173k
$195k
Base
$145k
Bonus
Other
Benefits
$17k
Secretary
secretary (operational)
$109k
$123k
Vice President
vice president
$57k
$64k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 21%
from 2022

From $172k in 2022 to $209k in 2023.

$172k
2022
$209k
2023
In today's dollarsEst.
Up 18% in real terms$200k to $236k

Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HEDCO LOCAL DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$974k
2022
$1.2M
$969k
2023
Total revenue and total expenses from IRS Form 990 filings.
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