LTSC COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LTSC COMMUNITY DEVELOPMENT CORPORATION (EIN 95-4444102)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-26
- IRS object ID
- 201320579349300212
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-26T11:48:02-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330700332 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VASQUEZ & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 SOUTH GRAND AVE SUITE 400 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954444102 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LTSC COMMUNITY DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LTSC | NameControl |
| Phone | 2134733030 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 E THIRD STREET NO G106 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90013 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SCARLET SY | Name |
| Title | CFO | Title |
| Phone | 2134733030 | Phone |
| Date Signed | 2013-02-21 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GILBERT R VASQUEZ | Name |
| PTIN | P00743144 | PTIN |
| Phone | 2138731700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SCARLET SY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 EAST THIRD ST G106 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9162529 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.LTSC.ORG/CDC | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE A COMPREHENSIVE ARRAY OF SOCIAL WELFARE AND COMMUNITY DEVELOPMENT ACTIVITIES TO ASSIST LOW INCOME PERSONS AND OTHERS IN NEED. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 175 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7125491 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8737782 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3940398 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | -39121 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4819 | InvestmentIncomePriorYear |
| Investment Income Current Year | 18996 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 28121 | OtherRevenuePriorYear |
| Other Revenue Current Year | 300112 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 11098829 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9017769 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5134257 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5622707 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 552522 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2813660 | OtherExpensePriorYear |
| Other Expenses Current Year | 2836635 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7947917 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8459342 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3150912 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 558427 | RevenuesLessExpensesCY |
| Total Assets BOY | 23665591 | TotalAssetsBOY |
| Total Assets EOY | 19620770 | TotalAssetsEOY |
| Total Liabilities BOY | 13889251 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9307443 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9776340 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10313327 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PURPOSE OF THE ORGANIZATION IS TO PLAN, PROMOTE AND SUPPORT COMMUNITY DEVELOPMENT ACTIVITIES WHICH PRESERVE THE JAPANESE AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY OF LITTLE TOKYO AND CONTRIBUTE TO ITS PHYSICAL, SOCIAL, CULTURAL AND ECONOMIC REVITALIZATION; TO SERVE AS A RESOURCE FOR SIMILAR COMMUNITY ECONOMIC DEVELOPMENT EFFORTS IN OTHER LOW-INCOME COMMUNITIES, PARTICULARLY ASIAN AND PACIFIC ISLANDER COMMUNITIES; AND TO DEVELOP, PROVIDE AND MAINTAIN AFFORDABLE HOUSING AND HOUSING-RELATED SERVICES IN THE LITTLE TOKYO AREA AND IN THE GREATER LOS ANGELES METROPOLITAN AREA FOR THE BENEFIT OF LOW TO MODERATE INCOME PEOPLE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2147602 | Expense |
| Grants | 1409825 | Grants |
| Revenue | 3848401 | Revenue |
| Description | PROGRAM COSTS OF VARIOUS PROGRAMS IN LTSC CDC'S MISSION OF PROMOTING COMMUNITY ECONOMIC DEVELOPMENT THROUGH DEVELOPING, PROVIDING AND MAINTAINING AFFORDABLE HOUSING; PROMOTING CULTURAL AND HITORICAL PRESERVATION OF THE LITTLE TOKYO NEIGHBORHOOD IN LOS ANGELES; PROVIDING WIRELESS INTERNET SERVICES AND ACCESS TO TECHNOLOGY ; ADMINSTERING A MULTI-LINGUAL SMALL BUSINESS ASSISTANCE PROGRAM IN PARTNERSHIP WITH FOUR OTHER COMMUNITY AGENCIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2151832 | Expense |
| Grants | 1857552 | Grants |
| Revenue | 2014305 | Revenue |
| Description | ADMINISTERED FEDERAL AND STATE-SUBSIDIZED CHILDCARE PROGRAMS FOR CHILDREN AGE 6 WEEKS TO 2.5 YEARS OLD THROUGH AN INFANT/TODDLER CARE CENTER, FAMILY CHILD CARE HOMES, AND A PRESCHOOL (THAT ALSO INCLUDES FAMILY LITERACY PROGRAMS)BY PARTNERING WITH PARENTS AND THEIR PROVIDERS BY BRINGING TOGETHER THEIR DIFFERENT CULTURES TO OPTIMIZE THE DEVELOPMENT OF THE CHILDREN. OVER 150 CHILDREN WERE SERVED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2983542 | Expense |
| Grants | 1967730 | Grants |
| Revenue | 2998339 | Revenue |
| Description | SERVICE PROGRAM COSTS OF OTHER, NON-CHILDCARE, RELATED PROGRAMS, INCLUDED PROVIDING CULTURALLY-SENSITIVE CASE MANAGEMENT, COUNSELING, INFORMATION AND REFERRAL ASSISTANCE TO YOUTH-SENIOR CLIENTS IN A MULTITUDE OF LANGUAGES, INCLUDING ENGLISH, JAPANESE, KOREAN, CHINESE, AND SPANISH; PROVIDING YOUTH-MENTORING PROGRAMS; CONDUCTING OUTREACH TO API COMMUNITIES TO INCREASE AWARENESS AND TO DIVERSIFY THE DONOR REGISTRY OF THE NATIONAL MARROW DONOR PROGRAM (NMDP), THEREBY IMPROVING ACCESS TO MARROW TRANSPLANTS FOR CANCER PATIENTS, ALSO PROVIDED PATIENT SUPPORT AND SUPPORT OF PATIENT FAMILIES. | Description |
Activity Other ActivityOther (5 entries)
| DescriptionDescription |
|---|
| PLANNED, PROMOTED, AND SUPPORTED COMMUNITY DEVELOPMENT ACTIVITIES WHICH PRESERVE THE JAPANESE AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY OF LITTLE TOKYO AND CONTRIBUTE TO ITS PHYSICAL, SOCIAL, CULTURAL AND ECONOMIC REVITALIZATION. |
| PROVIDED INFORMATION AND REFERRAL, OUTREACH, ADVOCACY, COUNSELING, EMERGENCY CARE, AND ESCORT SERVICES FOR THE JAPANESE AMERICAN, ASIAN PACIFIC ISLANDER (API), AND LOCAL COMMUNITIES. |
| PROVIDED EMERGENCY FOOD, CLOTHING AND SERVICES TO CLIENTS IN THE LOCAL COMMUNITY. |
| PROVIDED OUTREACH TO THE API COMMUNITIES TO INCREASE AWARENESS AND TO DIVERSIFY THE DONOR REGISTRY OF THE NATIONAL MARROW DONOR PROGRAM (NMDP), THEREBY IMPROVING ACCESS TO MARROW TRANSPLANTATION FOR CANCER PATIENTS. ALSO PROVIDED PATIENT SUPPORT AND SUPPORT OF PATIENT FAMILIES. |
| IMPROVED THE QUALITY OF LIFE FOR API OLDER ADULTS IN LOS ANGELES COUNTY BY BREAKING DOWN BARRIERS WHICH PREVENT THEM FROM ACCESSING NEEDED PROGRAMS AND SERVICES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 7282976 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 53 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 175 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCARLET SY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2134733030 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 EAST THIRD ST G106 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90013 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (34 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| ALAN NISHIO | ||||||
| PRESIDENT | 2.50 | X | 0 | 0 | 0 | |
| SANDRA YAMANE | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DAVID MITANI | ||||||
| VICE PRESIDENT | 1.50 | X | 0 | 0 | 0 | |
| RIKA HOUSTON | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| EDWIN TAKAHASHI | ||||||
| TREASURER | 1.50 | X | 0 | 0 | 0 | |
| AMY UTSUNOMIYA | ||||||
| SECRETARY | 1.50 | X | 0 | 0 | 0 | |
| DAVID YOO | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| FRED HOSHIYAMA | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| MIYAKO IWAI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DENNIS KOBATA | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| LLOYD KAJIKAWA | ||||||
| VICE PRESIDENT | 0.80 | X | 0 | 0 | 0 | |
| DICK KAKU | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| MIDORI KAMEI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| KINYO KAY MORI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DANA HEATHERTON | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| TIM MANAKA JR | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| KATHY MASAOKA | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| TRISHA MURAKAWA | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| JEAN NISHIMOTO | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| ALBERT MURATSUCHI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DEBRA NAKATOMI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DAVID UYEHARA | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| DEAN TOJI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| JOHNG HO SONG | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| JERI OKAMOTO-FLOYD | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| LINDA YAMAUCHI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| WENDY WANG | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| AKEMI ARAKAKI | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| ROBBIN NARIKE-PRECIADO | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| KATHY MALASKE-SAMU | ||||||
| BOARD MEMBER | 0.80 | X | 0 | 0 | 0 | |
| BILL WATANABE | ||||||
| FORMER EXECUTIVE DIRECTOR | 40.00 | 120805 | 0 | 0 | X | |
| DEAN MATSUBAYASHI | ||||||
| EXECUTIVE DIRECTOR | 40.00 | 67576 | 0 | 0 | X | |
| ERICH NAKANO | ||||||
| DEPUTY DIRECTOR | 40.00 | 76582 | 0 | 0 | X | |
| SCARLET SY | ||||||
| CFO | 40.00 | 65212 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 330175 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 14474 | FundraisingEvents |
| Government Grants | 3251684 | GovernmentGrants |
| All Other Contributions | 5471624 | AllOtherContributions |
| Noncash Contributions | 161651 | NoncashContributions |
| Total Contributions | 8737782 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SERVICE FEE | 531110 | 846064 | 846064 |
| DEVELOPER FEES | 531390 | 568125 | 568125 |
| PROPERTY MANAGEMENT FE | 531310 | 371617 | 371617 |
| REAL ESTATE INCOME | 531110 | 290273 | 290273 |
| PARTNERSHIP FEES | 900099 | 105707 | 105707 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2220907 | TotalRevenueColumn |
| Related Or Exempt Function Income | -2220907 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | -39121 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18996 | TotalRevenueColumn |
| Exclusion | $18,996 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 359411 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 14474 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 144760 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 214651 | TotalRevenueColumn |
| Exclusion | $214,651 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MISCELLANEOUS | 531310 | 56961 | 56961 |
| OPERATING GAIN FROM IN | 900099 | 28500 | 28500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 85461 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9017769 | TotalRevenueColumn |
| Related Or Exempt Function Income | 46340 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $233,647 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 330175 | Total |
| Program Services | 330175 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4521509 | Total |
| Program Services | 3878199 | ProgramServices |
| Management And General | 358062 | ManagementAndGeneral |
| Fundraising | 285248 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361380 | Total |
| Program Services | 236351 | ProgramServices |
| Management And General | 101598 | ManagementAndGeneral |
| Fundraising | 23431 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409643 | Total |
| Program Services | 359178 | ProgramServices |
| Management And General | 28320 | ManagementAndGeneral |
| Fundraising | 22145 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4300 | Total |
| Program Services | 3500 | ProgramServices |
| Management And General | 800 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63769 | Total |
| Program Services | 52474 | ProgramServices |
| Management And General | 9646 | ManagementAndGeneral |
| Fundraising | 1649 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10512 | Total |
| Program Services | 8359 | ProgramServices |
| Management And General | 658 | ManagementAndGeneral |
| Fundraising | 1495 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311423 | Total |
| Program Services | 293961 | ProgramServices |
| Fundraising | 17462 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103037 | Total |
| Program Services | 95154 | ProgramServices |
| Management And General | 2615 | ManagementAndGeneral |
| Fundraising | 5268 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14667 | Total |
| Program Services | 14667 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59090 | Total |
| Program Services | 17522 | ProgramServices |
| Management And General | 41568 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45153 | Total |
| Program Services | 38811 | ProgramServices |
| Management And General | 4728 | ManagementAndGeneral |
| Fundraising | 1614 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUBCONTRACTORS | 391695 | 391695 | ||
| SUPPLIES | 233677 | 204706 | 14604 | 14367 |
| CHILDCARE PROVIDERS | 232539 | 232539 | ||
| CHILDCARE SUBCONTRACT W | 189383 | 189383 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1177390 | Total |
| Program Services | 936302 | ProgramServices |
| Management And General | 61245 | ManagementAndGeneral |
| Fundraising | 179843 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8459342 | Total |
| Program Services | 7282976 | ProgramServices |
| Management And General | 623844 | ManagementAndGeneral |
| Fundraising | 552522 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1974343 | BOY |
| EOY | 2030180 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 159859 | BOY |
| EOY | 163504 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873947 | BOY |
| EOY | 1283181 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 130709 | BOY |
| EOY | 63656 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 574000 | BOY |
| EOY | 562151 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70965 | BOY |
| EOY | 61398 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6543534 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 546804 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9893851 | BOY |
| EOY | 5996730 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 883917 | BOY |
| EOY | 1088016 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1822717 | BOY |
| EOY | 1840168 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7281283 | BOY |
| EOY | 6531786 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23665591 | BOY |
| EOY | 19620770 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 978821 | BOY |
| EOY | 841380 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000 | BOY |
| EOY | 300000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11906823 | BOY |
| EOY | 7671567 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703607 | BOY |
| EOY | 494496 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13889251 | BOY |
| EOY | 9307443 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9368361 | BOY |
| EOY | 9124921 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407979 | BOY |
| EOY | 1188406 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9776340 | BOY |
| EOY | 10313327 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23665591 | BOY |
| EOY | 19620770 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 558427 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -21440 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7362411 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6717009 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6543722 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7125491 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8952433 | CurrentTaxYear |
| Total | 36701066 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1359362 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1746869 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2746110 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3940398 | CurrentTaxYearMinus1Year |
| Current Tax Year | -39121 | CurrentTaxYear |
| Total | 9753618 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8721773 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8463878 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9289832 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11065889 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8913312 | CurrentTaxYear |
| Total | 46454684 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 46454684 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 54576 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29064 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14042 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4819 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18996 | CurrentTaxYear |
| Total | 121497 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 54576 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29064 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14042 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4819 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18996 | CurrentTaxYear |
| Total | 121497 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 45331 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 146653 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 204170 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 28121 | CurrentTaxYearMinus1Year |
| Current Tax Year | 85461 | CurrentTaxYear |
| Total | 509736 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8821680 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8639595 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9508044 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11098829 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9017769 | CurrentTaxYear |
| Total | 47085917 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.98660 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.98550 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00260 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00330 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5306485 | OtherCostOrOtherBasis |
| Book Value | 5306485 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 683339 | OtherCostOrOtherBasis |
| Depreciation | 181052 | Depreciation |
| Book Value | 502287 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 182166 | OtherCostOrOtherBasis |
| Depreciation | 151329 | Depreciation |
| Book Value | 30837 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 371544 | OtherCostOrOtherBasis |
| Depreciation | 214423 | Depreciation |
| Book Value | 157121 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 5996730 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN AFFILIATES | Description |
| Book Value | 1840168 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 1840168 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DUE FROM AFFILIATES | 4459355 |
| CONSTRUCTION IN PROGRESS | 2072431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6531786 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHILDCARE RESERVE LIABILITY | $10,020 |
| TENANT SECURITY DEPOSITS | $8,966 |
| CASH HELD IN TRUST | $390 |
| ACCRUED PAYROLL, TAXES AND BENEFITS | $475,120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 494496 | TotalOfAmounts |
| Total Revenue | 9017769 | TotalRevenue |
| Total Expenses | 8459342 | TotalExpenses |
| Excess Or Deficit For Year | 558427 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -10391 | NetUnrealizedGLOnInvestments |
| Other | -$11,049 | OtherAmount |
| Total Adjustments | -21440 | TotalAdjustments |
| Excess Or Deficit Per FS | 536987 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11225803 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -10391 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 80523 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 3140892 | OtherRevenues |
| Revenue Not Rptd F990 | 3211024 | RevenueNotRptdF990 |
| Revenue Subtotal | 8014779 | RevenueSubtotal |
| Other Revenues Not Included | 1002990 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1002990 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9017769 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 13835595 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 80523 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 5295730 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 5376253 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8459342 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8459342 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE CORPORATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE 23701D. THE CORPORATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED RELATE TO THE CORPORATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS WILL MORE LIKELY THAN NOT (>50%) BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURE OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE CORPORATION FILES INFORMATION RETURNS IN THE US FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | TAX/BOOK DIFFERENCE ON OPERATING GAIN FROM INVESTMENT IN AFFILIATES -11,049. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | REAL ESTATE INCOME FROM SUBSIDIARIES 3,140,892. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | TAX/BOOK DIFFERENCE-OPERATING GAIN FROM INVESTMENT IN AFFILIATES 11,049. PROPERTY MANAGEMENT INCOME 211,631. DEVELOPER FEES 568,125. PARTNERSHIP FEES 100,706. SERVICE/MEMBERSHIP FEES 94,028. OPERATING INCOME FROM INVESTMENTS IN AFFILIATES 17,451. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FROM SUBSIDIARIES 5,295,730. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
| Licensed States | CA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SAKE | NameOfEvent1 |
| Gross Receipts Event1 | 214697 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 10270 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 204427 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 7303 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 19300 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 16293 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 21795 | OtherDirectExpensesEvent1 |
| Name Of Event2 | STARNIGHT CONCERT | NameOfEvent2 |
| Gross Receipts Event2 | 159188 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 4204 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 154984 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 30870 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 12680 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 17000 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 19519 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 373885 | GrossReceiptsTotal |
| Charitable Contributions Total | 14474 | CharitableContributionsTotal |
| Gross Revenue Total Events | 359411 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 7303 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 50170 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 28973 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 17000 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 41314 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 144760 | DirectExpenseSummaryEvents |
| Net Income Summary | 214651 | NetIncomeSummary |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SUPPLIES; TICKET; GIFT CARD | Description |
| Noncash Contribs Rptd F990 | 161651 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | LTSC COMMUNITY DEVELOPMENT CORP. OUTSIDE AUDITORS & FINANCE STAFF PREPARE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION CEO & CFO. THE FORM IS THEN SENT TO THE FULL BOARD FOR APPROVAL BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | LTSC COMMUNITY DEVELOPMENT CORP. REQUIRES ALL EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL SOURCES OF INCOME FROM COMPENSATION OR FROM OWNERSHIP OF EVERY OUTSIDE ENTITY THAT (A) SOLD, SUPPLIED OR PROVIDED SERVICES (B) OPERATED A COMPETING ENTERPRISE OR (C) PROVIDED GOODS OR SERVICES TO LTSC COMMUNITY DEVELOPMENT CORP. IN THE LAST SIX MONTHS. LTSC COMMUNITY DEVELOPMENT CORP. ALSO REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING (A) RECEIPT OF LTSC COMMUNITY DEVELOPEMENT CORP. CONFLICT OF INTEREST POLICY (B) UNDERSTANDING OF THE POLICY AND (C) AGREEMENT WITH THE POLICY. LTSC COMMUNITY DEVELOPMENT CORP. CONFLICT OF INTEREST POLICY DESCRIBES HOW LTSC COMMUNITY DEVELOPMENT CORP. WILL RESOLVE POSSIBLE CONFLICT OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD REVIEWED LTSC COMMUNITY DEVELOPMENT CORP. PRESIDENT'S AND CHIEF FINANCIAL OFFICER'S COMPENSATION IN 2008. THE BOARD REVIEWED DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES . THE OCCURRENCE OF THESE DELIBERATIONS ARE NOTED IN THE BOARD MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | SOME OR ALL OF THESE ITEMS MAYBE AVAILABLE AS PART OF A PUBLIC GRANT APPLICATION. HOWEVER, THERE IS NO PROCESS FOR MAKING THESE AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART X, LINE 24E | IN-KIND EXPENSE: PROGRAM SERVICE EXPENSES 139,237. MANAGEMENT AND GENERAL EXPENSES 9,653. FUNDRAISING EXPENSES 4,959. TOTAL EXPENSES 153,849. COMMUNITY SUPPORT: PROGRAM SERVICE EXPENSES 135,373. MANAGEMENT AND GENERAL EXPENSES 6,008. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,381. EVENT SERVICE AND ENTERTAINMENT FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 110,556. TOTAL EXPENSES 110,556. LICENSE, PERMITS AND FEES: PROGRAM SERVICE EXPENSES 72,624. MANAGEMENT AND GENERAL EXPENSES 12,361. FUNDRAISING EXPENSES 3,512. TOTAL EXPENSES 88,497. BAD DEBTS: PROGRAM SERVICE EXPENSES 73,804. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,804. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 45,359. MANAGEMENT AND GENERAL EXPENSES 3,565. FUNDRAISING EXPENSES 24,166. TOTAL EXPENSES 73,090. CONSULTING: PROGRAM SERVICE EXPENSES 61,369. MANAGEMENT AND GENERAL EXPENSES 10,875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,244. PRINTING: PROGRAM SERVICE EXPENSES 40,423. MANAGEMENT AND GENERAL EXPENSES 4,172. FUNDRAISING EXPENSES 20,084. TOTAL EXPENSES 64,679. MEETINGS AND TRAINING: PROGRAM SERVICE EXPENSES 51,228. MANAGEMENT AND GENERAL EXPENSES 2,554. FUNDRAISING EXPENSES 2,469. TOTAL EXPENSES 56,251. KOSUMOSU APARTMENTS OPERATING COSTS: PROGRAM SERVICE EXPENSES 44,365. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,365. TELEPHONE: PROGRAM SERVICE EXPENSES 40,837. MANAGEMENT AND GENERAL EXPENSES 950. FUNDRAISING EXPENSES 739. TOTAL EXPENSES 42,526. NH/KIWA APARTMENTS OPERATING COSTS: PROGRAM SERVICE EXPENSES 41,396. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,396. POSTAGE: PROGRAM SERVICE EXPENSES 29,177. MANAGEMENT AND GENERAL EXPENSES 1,448. FUNDRAISING EXPENSES 2,579. TOTAL EXPENSES 33,204. EMERGENCY ASSISTANCE: PROGRAM SERVICE EXPENSES 28,829. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,829. CHILDCARE CENTER FACILITY OPERATION: PROGRAM SERVICE EXPENSES 25,562. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,562. PROGRAM ACTIVITIES: PROGRAM SERVICE EXPENSES 25,439. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,439. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 12,249. MANAGEMENT AND GENERAL EXPENSES 59. FUNDRAISING EXPENSES 9,213. TOTAL EXPENSES 21,521. YOUTH ACTIVITIES: PROGRAM SERVICE EXPENSES 21,090. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,090. EQUIPMENT EXPENSE: PROGRAM SERVICE EXPENSES 20,486. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,486. INTERNSHIP STIPENDS: PROGRAM SERVICE EXPENSES 13,579. MANAGEMENT AND GENERAL EXPENSES 1,555. FUNDRAISING EXPENSES 1,146. TOTAL EXPENSES 16,280. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 5,839. MANAGEMENT AND GENERAL EXPENSES 4,675. FUNDRAISING EXPENSES 420. TOTAL EXPENSES 10,934. FACILITY OPERATIONS: PROGRAM SERVICE EXPENSES 3,978. MANAGEMENT AND GENERAL EXPENSES 1,220. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,198. MARROW DRIVES AND PATIENT SUPPORT: PROGRAM SERVICE EXPENSES 2,268. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,268. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,881. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,881. AUTOMOBILE: PROGRAM SERVICE EXPENSES 1,309. MANAGEMENT AND GENERAL EXPENSES 269. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,578. MENLO APARTMENTS OPERATING COSTS: PROGRAM SERVICE EXPENSES 482. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 482. | ALL OTHER FUNCTIONAL EXPENSES |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -10,391. TAX/BOOK DIFFERENCE ON OPERATING GAIN FROM INVESTMENT IN AFFILIATES -11,049. TOTAL TO FORM 990, PART XI, LINE 5: -21,440. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII (12 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Code VCodeVAmount |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2449 HYPERION LLC | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 954707126 | RENTAL REAL ESTATE | CA | RELATED | 38891 | 634403 | 0 | 0 | |
| SAN PEDRO FIRM BUILDING LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 954246947 | RENTAL REAL ESTATE | CA | RELATED | -2933 | 1179518 | 0 | 1 | $6 |
| LPE LIMITED PARTNERSHIP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 954442491 | RENTAL REAL ESTATE | CA | RELATED | -5768 | 4969178 | 0 | 1 | $11 |
| OLD UNION CHURCH GENRAL PARTNERSHIP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 954589987 | RENTAL REAL ESTATE | CA | RELATED | -56497 | 1330879 | 0 | 1 | $121 |
| FAR EAST BUILDING LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 954888608 | RENTAL REAL ESTATE | CA | RELATED | -8 | 21729 | 0 | 1 | |
| CESAR CHAVEZ GARDENS LP | ||||||||||||
| 767 NORTH HILL STREET SUITE 400 | LOS ANGELES | CA | 90012 | 954791411 | RENTAL REAL ESTATE | CA | RELATED | 0 | 1 | |||
| ANGELINA ASSOCIATES LP | ||||||||||||
| 535 WEST COLORADO STREET SUITE 300 | GLENDALE | CA | 91204 | 954501565 | RENTAL REAL ESTATE | CA | RELATED | -277 | 332228 | 0 | 1 | $1 |
| LDK SENIOR APARTMENTS LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 264789705 | RENTAL REAL ESTATE | CA | RELATED | 1266715 | 0 | 1 | ||
| 36TH AND BROADWAY LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 263582955 | RENTAL REAL ESTATE | CA | RELATED | 55094 | 4802665 | 0 | 1 | $51 |
| PHD APARTMENTS LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 271619379 | RENTAL REAL ESTATE | CA | RELATED | 0 | 1 | |||
| EPWORTH APARTMENTS LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 272474492 | RENTAL REAL ESTATE | CA | RELATED | -1 | 27583 | 0 | 1 | |
| MENLO FAMILY HOUSING LP | ||||||||||||
| 231 EAST 3RD ST SUITE G106 | LOS ANGELES | CA | 90013 | 274673989 | RENTAL REAL ESTATE | CA | RELATED | -1 | 443 | 0 | 1 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 1 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 1 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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