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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Hedco Local Development Corporation

Hedco Local Development Corporation

Fiscal year ending 2024. Filed on April 1, 2025.

222 S Vineyard Street Ph-1
Honolulu, Hawaii 96813

Hedco Local Development Corporation (EIN: 99-0210565) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Hedco Local Development Corporation, a 501(c)(6) business league, reported compensation for 4 out of 5 total employees. Among the employees shown here, the average compensation is $136,844. The highest compensated employee at Hedco Local Development Corporation is Shawn Higa with fiscal year 2024 compensation of $209,361.

Revenue, expenses, and employee compensation

Revenue

$1,213,069

Expenses

$968,896

Employee compensation

$697,667
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Shawn Higa
President and Treasurer
$209,361
$189,538 No related comp$19,823
Myles Miyachi
Vice President
$172,667
$144,749 No related comp$27,918
Nalia Felipe
Secretary
$108,676
$95,526 No related comp$13,150
Arleen A Tarnay
Vice President
$56,670
$49,562 No related comp$7,108

Benchmark Employee Compensation

Non-Employee Board Members

Dennis K Tanimoto
Director
Gerald K Harbottle
Board Chair
Linda Ho
Director
Mary Sellers
Former Director
Melvin Mow
Director
Randi Tsushima
Director
Roy Amemiya
Director
Terence Yeh
Director
Walter Kaneakua
Director

Mission Statement

PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS

Revisions to this organization profile

April 1, 2025:
2024 Hedco Local Development Corporation 990 filed
August 16, 2024:
Amended (originally filed July 25, 2024)2023 Hedco Local Development Corporation 990 filed
February 2, 2023:
2022 Hedco Local Development Corporation 990 filed

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