Public Charity

62 MARKET STREET INC

62 MARKET STREET INC, of WAILUKU, HI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $152K in revenue, $361K in expenses, $1.7M in total assets.

EIN: 371549202 WAILUKU, HI Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$152K
Total Expenses$361K
Total Assets$1.7M
Grant Records0
Filing Years2021–2025

Mission

TO IMPROVE THE QUALITY OF LIFE, BOTH ECONOMICALLY AND SOCIALLY, OF RESIDENTS OF THE COUNTY OF MAUI WITH AN URBAN REVITALIZATION PROPERTY DEVELOPMENT PROJECT WITH A UNIQUE MIXED-USE DESIGN OF A BUSINESS INCUBATOR AND COMMERCIAL KITCHEN.

Where $100 goes at 62 Market Street Inc

How 62 Market Street Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$57
Lokahi pacific business incubator provides private office space, business support and counseling services, and state-of-the-art equipment and amenities for up to 9 start-up or expanding service and professional…
63% of program spending
$33
The kitchen is a licensed commercial kitchen available to any community member or organization interested in starting up or working in a specialty food business
37% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Klaus Simmer
CHAIRMAN Mark D Reck
EXECUTIVE DIRECTOR Regina S Thieman
TREASURER Ryan Fukushima
SECRETARY Scott Hal Smith Pa-C
DIRECTOR Teresa Frederick

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $152K $361K $1.7M
2024 $134K $314K $1.8M
2023 $113K $304K $1.9M
2022 $130K $323K $2.1M
2021 $97K $312K $2.2M

Between 2021 and 2025, reported annual revenue grew from $97K to $152K (+57%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

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