Maui Economic Development Board Inc Medb logo

Maui Economic Development Board Inc Medb

Public charity · Grantmaker Kihei, HI EIN: 99-0226377 Website

Maui Economic Development Board (MEDB), based in Kihei, Hawaii, works with businesses, government, educators, and community leaders to support a robust and balanced economy that benefits Maui County. Its programs support business assistance, education-to-workforce pathways, and community collaboration.

Key facts about Maui Economic Development Board Inc Medb

In short: Maui Economic Development Board Inc Medb gave $580K across 38 grants in 2025 (avg $15K), mostly in Hawaii. Source: 2025 IRS Form 990.

EIN
99-0226377
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$580,220
Grants made (2025)
38
Average grant
$15,269
Median grant
$15,000
Total assets
$15,326,384
Primary geography
Hawaii (97% of itemized 2025 grant dollars)
Deadline
August 5, 2026, for the Daniel K.

Data from IRS Form 990, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$15.3M

+17.1% YoY

Annual Giving

$580K

-90.1% YoY

Grant Count

38

-90.7% YoY

Avg Grant Size

$15K

+7.3% YoY

How Maui Economic Development Board Inc Medb gives

  • 21% of 2025 grantees were also funded in 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

MEDB’s stated mission is to “lead and inspire innovation in business, education, and our community.” Its focus areas include supporting new and established businesses in sectors that help diversify the economy, developing residents’ workforce skills while working toward economic equity, and bringing diverse groups together to collaborate.

Its Ke Alahele Education Fund supports STEM-related education activities and professional development. The fund’s guidelines describe eligible activities such as student or educator internships, project-based learning, apprenticeships, educator training, and STEM supplies or equipment. MEDB also offers the Daniel K. Inouye Innovation Award for Maui County students’ practical STEM projects serving their communities.

Grantmaking

In filing year 2025, MEDB reported 38 grants totaling $580,220. Grant amounts ranged from $5,356 to $20,000, with a median of $15,000. The largest listed awards were $20,000 each to Absolute Charters Inc, Aloha Sunshine Tours LLC, B&K Builders General Contracting LLC, Captain Jacks LLC, Haliimaile Pineapple Company Limited, Joseph K & Company LLC, Maui Adventure Cruises Inc, Sea Link of Hawaii Inc, Seabern Yachts Inc, Seafoam Inc, Shop Bikini Bird Corp, and Three Paisanos. Each award was identified as supporting “2023 Maui Wildfire Recovery (Maui Business Bridge Grants).”

Review Cycle

August 5, 2026, for the Daniel K. Inouye Innovation Award.

Open Grants

2 open opportunities from Maui Economic Development Board Inc Medb

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Geographic Focus

Where this funder awards grants

MEDB’s programs serve Maui County, including Maui, Molokai, and Lanai, and its website says some programs reach beyond the county. In its 2025 grant reporting, 97% of grant dollars went to recipients in Hawaii and 3% to recipients in California.

Grant Distribution by State

6states

Share of 2025 grant dollars across all 38 itemized grants.

Cities

LahainaKiheiWailukuKahuluiMakawaoPaiaKulaHaikuHonoluluPuunenePukalaniLanai CityPortolaBonita SpringsCalabasas HillsCosta MesaFrankfortHaikupauwelaHanaHuntington Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2019 0 grants2020 0 grants2021 0 grants2022 Total only2023 410 grants2024 38 grants2025

From 2023 to 2025, annual grant giving ranged from $12K (2023) to $5.8M (2024). In 2025 it made 38 grants totaling $580K.

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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Absolute Charters Inc: $20KAbsolute Charters Inc$20KAloha Sunshine Tours LLC: $20KAloha Sunshine Tours LLC$20KB&K Builders General Contracting LLC: $20KB&K Builders GeneralContracting LLC$20KCaptain Jacks LLC: $20KCaptain Jacks LLC$20KHaliimaile Pineapple Company Limited: $20KHaliimaile Pineapple CompanyLimited$20KJoseph K & Company LLC: $20KJoseph K & Company LLC$20KMaui Adventure Cruises Inc: $20KMaui Adventure Cruises Inc$20KSea Link of Hawaii Inc: $20KSea Link of Hawaii Inc$20KSeabern Yachts Inc: $20KSeabern Yachts Inc$20KSeafoam Inc: $20KSeafoam Inc$20K

The largest 2025 recipient was Absolute Charters Inc ($20K). Together the top 10 received $200K.

Grant Size Distribution

448 grants across all recorded years

448<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 448 grants of 448 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Absolute Charters Inc Lahaina, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Aloha Sunshine Tours LLC Honolulu, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
B&K Builders General Contracting LLC Lahaina, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Captain Jacks LLC Kihei, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Haliimaile Pineapple Company Limited Makawao, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Joseph K & Company LLC Honolulu, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Maui Adventure Cruises Inc Kula, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Sea Link of Hawaii Inc Lahaina, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Seabern Yachts Inc Lahaina, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000
Seafoam Inc Lahaina, HI2023 Maui Wildfire Recovry (Maui Business Bridge Grants)$20,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $15,326,384 $9,107,509 $8,025,809 $580,220 across 38 grants
2024 $13,085,003 $13,315,928 $12,964,989 $5,834,581 across 410 grants
2023 $12,120,139 $6,751,092 $5,668,592 0 grants reported

The filing type listed for MEDB is 990T.

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$15,326,384$13,085,003$12,120,139
Revenue$9,107,509$13,315,928$6,751,092
Expenses$8,025,809$12,964,989$5,668,592
Net Investment Income$-6,425$-47,808$10,477

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Added Form 990 for fiscal year 2019 (received by the IRS March 11, 2020)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Leslie Wilkins as president and CEO; Tiare Martin as board chair; Curtis Tom as vice chair; Deanna Garcia as secretary; and Robert Kawahara as treasurer. It also lists Dwayne Betsill, Ryan Churchill, Jerry Cornell, Ned Davis, and Rosie Davis as directors.

Maui Economic Development Board Inc Medb is led by Leslie Wilkins, President & CEO on every filing since 2019; 2 of 27 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Leslie Wilkins

    President & CEO

    On filings since 2019

    40 hrs/week

    $113K (2019) → $148K (2025)

  • Tiare Martin

    Board Chair

    Vice Chair → Chair, 2023

    Chair → Board Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Carol Reimann

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • David Lassner

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Dwayne Betsill

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Eric Matsuda

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Jerry Cornell

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Lisa Paulson

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Mike Maberry

    Director

    Secretary → Director, 2025

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Ned Davis

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Rick Volner Jr.

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Ryan Churchill

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Saedene Ota

    Director

    Vice Chair → Chair, 2022

    Chair → Director, 2023

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • J. Scott Meidell

    Director

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Elli Pascua

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Rosie Davis

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Ryan Fukushima

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Lisa Frankford Formerly Thompson

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Maile Wong

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Ronald Chris Martin

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Michelle Cocca

    Chief Financial Officer

    On filings since 2024

    40 hrs/week

    $97K (2024) → $120K (2025)

  • Curtis Tom

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Deanna Garcia

    Secretary

    Director → Secretary, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Grant Chun

    Former Director

    Chair → Director, 2022

    Director → Former Director, 2025

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Pamela Tumpap

    Former Director

    Director → Former Director, 2025

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Robert Kawahara

    Treasurer

    Director → Treasurer, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lisa Tomihama

    Former Director

    Director → Former Director, 2025

    On filings since 2023

    0.3 hrs/week

    No compensation reported

Former officers (23)
  • Former: Pam Tumpap (2023–2024) — Director
  • Former: Roz Rosalyn Baker (2023–2024) — Director
  • Former: Michael Maberry (2024) — Director
  • Former: Barbara Haliniak (2019–2022) — Director
  • Former: Dean Duque (2019–2022) — Director
  • Former: Michael Victorino (2019–2022) — Ex-Officio
  • Former: William Russell (2019–2022) — Director
  • Former: Joann Inamasu (2021–2022) — Director
  • Former: Rosalyn Baker (2021–2022) — Director
  • Former: Keani Rawlins (2022) — Ex-Officio
  • Former: Pat Matsumoto (2022) — Director
  • Former: Keani Rawlins-Fernandez (2019–2021) — Ex-Officio
  • Former: Sharon Suzuki (2019–2021) — Director
  • Former: Tom Leuteneker (2019–2021) — Director
  • Former: Jeanne Unemori Skog (2019–2020) — Director
  • Former: Kyle Sakamoto (2019–2020) — Director
  • Former: Lynn McCrory (2019–2020) — Director
  • Former: Scott Meidell (2019–2020) — Director
  • Former: The Hon Rosalyn Baker (2019–2020) — Director
  • Former: Tom Reed (2019–2020) — Director
  • Former: Wesley Lo (2019–2020) — Director
  • Former: Kari Luna Nunokawa (2020) — Vice President
  • Former: Kay Fukumoto (2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Leslie Wilkins — President and CEO: $148KLeslie WilkinsPresident and CEO$148KMichelle Cocca — Chief Financial Officer: $120KMichelle CoccaChief Financial Officer$120K

The highest reported compensation on the 2025 filing was $148K, to Leslie Wilkins (President and CEO). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 1305 N Holopono Street Ste 1, Kihei, HI 96753
Phone: (808) 875-2300
Website: https://medb.org

Frequently asked questions about Maui Economic Development Board Inc Medb

How much does Maui Economic Development Board Inc Medb give each year?

Maui Economic Development Board Inc Medb gave $580K across 38 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5.8M across 410 grants.

What is Maui Economic Development Board Inc Medb's typical grant size?

Maui Economic Development Board Inc Medb's median grant in 2025 was $15,000, and its average grant was $15,269, across 38 grants on its 2025 IRS Form 990.

Where does Maui Economic Development Board Inc Medb give grants?

Maui Economic Development Board Inc Medb gives mostly in Hawaii: 97% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Lahaina, HI (21 grants), Honolulu, HI (5 grants), Kihei, HI (4 grants) and Wailuku, HI (2 grants).

Does Maui Economic Development Board Inc Medb give general operating support?

Not in 2025: none of the 38 grants with a stated purpose on Maui Economic Development Board Inc Medb's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "2023 Maui Wildfire Recovry (Maui Business Bridge Grants)" (38 grants).

Who are Maui Economic Development Board Inc Medb's largest grantees?

Maui Economic Development Board Inc Medb's largest 2025 grantees include Absolute Charters Inc ($20,000), Aloha Sunshine Tours LLC ($20,000) and B&K Builders General Contracting LLC ($20,000), according to its 2025 IRS Form 990. Together they received 10% of its itemized 2025 grant dollars.

How large is Maui Economic Development Board Inc Medb?

Maui Economic Development Board Inc Medb reported $15.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.1M.

What does Maui Economic Development Board Inc Medb fund?

MEDB’s stated mission is to “lead and inspire innovation in business, education, and our community.” See mission & focus areas ↑

How do I apply for a grant from Maui Economic Development Board Inc Medb?

Maui Economic Development Board Inc Medb has no public application process in the sources Grantable reviewed. Check medb.org for current guidelines, or contact the foundation directly before submitting a request.

What is Maui Economic Development Board Inc Medb's EIN?

Maui Economic Development Board Inc Medb's EIN (Employer Identification Number) is 99-0226377. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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