Hawaii Captive Insurance Council Corp

501(c)(6) organization Honolulu, HI EIN: 99-0292660

Guided by the aloha spirit, the hcic unifies and supports captive owners, regulators, legislators and captive service providers. The hcic advocates on issues and initiatives, educates on current and future issues and communicates this information to its members and prospective members to maintain Hawaii as a world-class captive domicile.

Hawaii Captive Insurance Council Corp at a glance

Total assets
$1,516,187
+22.7% vs 2024
Revenue (2025)
$748,657
+13.7% vs 2024
Net investment income (2025)
$16,281
+7.7% vs 2024
Expenses (2025)
$570,016
+16.6% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

Who Hawaii Captive Insurance Council Corp funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Honolulu

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10KTotal only2020 0 grants2021 0 grants2022 Total only2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $2K (2020) to $10K (2024). In 2024 it made 1 grant totaling $10K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hawaii Community Foundation Honolulu, HIMaui Wildfires Donation$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,516,187$748,657$570,016——$16,281
2024$1,235,336$658,516$488,785$10,0001$15,116
2023$949,993$561,409$434,933$2,500Total only$12,518
2022$792,855$56,188$108,548——$9,113
2021$670,044$65,187$102,287——$8,212
2020$628,383$392,612$389,581$2,000Total only$10,566

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Hawaii Captive Insurance Council Corp

Based on IRS filings

Hawaii Captive Insurance Council Corp is a public charity, based in Honolulu, HI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. Net investment income was $16K.

Leadership & Key People

Officers and directors from IRS filings

Hawaii Captive Insurance Council Corp is led by Paul Shimomoto, President since 2025 (on filings since 2020); none of the 18 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Paul Shimomoto

    President

    President → President & Director, 2024

    President & Director → President, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Matthew Reece

    Chair

    Director → Vice Chair, 2024

    Vice Chair → Chair, 2025

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Christina Kamaka

    Director & Secretary

    Secretary & Director → Secretary, 2023

    Secretary → Secretary & Director, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • David Beyer

    Director

    Vice Chair → Chair, 2024

    Chair → Director, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Denys Kazama

    Director & Vice President

    Director → Vice President, 2023

    Vice President → Vice President & Director, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jamie Asato

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jerelyn Sullivan

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Edwin Quan

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Matt Takamine

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alan Matsui

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Anne Marie Towle

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Tony J. Schmidt

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Yuta Yanachi

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Eric Tsukamoto

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Martin King

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Susan Burchiel

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jill Miura

    Treasurer

    Treasurer → Treasurer & Director, 2024

    Treasurer & Director → Treasurer, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Elaine Ziemba

    Vice Chair

    Director → Vice Chair, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

Former officers (13)
  • Former: Denise Straka (2020–2024) — Chair
  • Former: Fay Okamoto (2020–2024) — Vice President & Director
  • Former: Alyson Lewis (2021–2024) — Director
  • Former: Ed Haik (2020–2023) — Director
  • Former: Colin Teraoka (2021–2023) — Director
  • Former: Masako Ruiz (2020–2022) — Assistant Treasurer
  • Former: Matthew Takamine (2020–2022) — Director
  • Former: Michael Owens (2020–2022) — Director
  • Former: Cindy Belcher (2020–2021) — Chairwoman & Director
  • Former: David Kahaulelio (2020–2021) — Chairperson, Vice Chair & Director
  • Former: Scot Sternberg (2020–2021) — Director
  • Former: Diane Abbett (2020) — Director
  • Former: Ryan Nobriga (2020) — Vice President & Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hawaii Captive Insurance Council Corp

How large is Hawaii Captive Insurance Council Corp?

Hawaii Captive Insurance Council Corp reported $1.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $749K.

Where does Hawaii Captive Insurance Council Corp operate?

Hawaii Captive Insurance Council Corp has awarded grants in Hawaii.

What is Hawaii Captive Insurance Council Corp's EIN?

Hawaii Captive Insurance Council Corp's EIN (Employer Identification Number) is 99-0292660. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 7, 2021)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)

Explore Open Grants

Browse active grant opportunities in Hawaii Captive Insurance Council Corp's focus areas in our free grants database

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Assets

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hawaii Captive Insurance Council Corp's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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