﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-02-26T11:48:02-06:00</Timestamp>
    <TaxPeriodEndDate>2012-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>330700332</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>VASQUEZ &amp; COMPANY LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>801 SOUTH GRAND AVE SUITE 400</AddressLine1>
        <City>LOS ANGELES</City>
        <State>CA</State>
        <ZIPCode>90017</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2011-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>954444102</EIN>
      <Name>
        <BusinessNameLine1>LTSC COMMUNITY DEVELOPMENT CORPORATION</BusinessNameLine1>
      </Name>
      <NameControl>LTSC</NameControl>
      <Phone>2134733030</Phone>
      <USAddress>
        <AddressLine1>231 E THIRD STREET NO G106</AddressLine1>
        <City>LOS ANGELES</City>
        <State>CA</State>
        <ZIPCode>90013</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SCARLET SY</Name>
      <Title>CFO</Title>
      <Phone>2134733030</Phone>
      <DateSigned>2013-02-21</DateSigned>
    </Officer>
    <Preparer>
      <Name>GILBERT R VASQUEZ</Name>
      <PTIN>P00743144</PTIN>
      <Phone>2138731700</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>SCARLET SY</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>231 EAST THIRD ST G106</AddressLine1>
        <City>LOS ANGELES</City>
        <State>CA</State>
        <ZIPCode>90013</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>9162529</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>HTTP://WWW.LTSC.ORG/CDC</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1993</YearFormation>
      <StateLegalDomicile>CA</StateLegalDomicile>
      <ActivityOrMissionDescription>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>
      <NbrVotingMembersGoverningBody>30</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>30</NbrIndependentVotingMembers>
      <TotalNbrEmployees>175</TotalNbrEmployees>
      <TotalNbrVolunteers>0</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>7125491</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>8737782</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>3940398</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>-39121</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>4819</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>18996</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>28121</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>300112</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>11098829</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>9017769</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>0</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>5134257</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>5622707</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>552522</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>2813660</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>2836635</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>7947917</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>8459342</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>3150912</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>558427</RevenuesLessExpensesCY>
      <TotalAssetsBOY>23665591</TotalAssetsBOY>
      <TotalAssetsEOY>19620770</TotalAssetsEOY>
      <TotalLiabilitiesBOY>13889251</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>9307443</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>9776340</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>10313327</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <MissionDescription>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>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>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>
        <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>
      </Activity2>
      <Activity3>
        <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>
      </Activity3>
      <ActivityOther>
        <Description>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.</Description>
      </ActivityOther>
      <ActivityOther>
        <Description>PROVIDED INFORMATION AND REFERRAL, OUTREACH, ADVOCACY, COUNSELING, EMERGENCY CARE, AND ESCORT SERVICES FOR THE JAPANESE AMERICAN, ASIAN PACIFIC ISLANDER (API), AND LOCAL COMMUNITIES.</Description>
      </ActivityOther>
      <ActivityOther>
        <Description>PROVIDED EMERGENCY FOOD, CLOTHING AND SERVICES TO CLIENTS IN THE LOCAL COMMUNITY.</Description>
      </ActivityOther>
      <ActivityOther>
        <Description>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.</Description>
      </ActivityOther>
      <ActivityOther>
        <Description>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.</Description>
      </ActivityOther>
      <TotalProgramServiceExpense>7282976</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc1039100001">1</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="RetDoc1234500001">1</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <LobbyingActivities>0</LobbyingActivities>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">0</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">1</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">0</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">1</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">1</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">1</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">1</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">1</ConsolidatedAuditFinancialStmt>
      <School>0</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising referenceDocumentId="RetDoc1041200001">0</ProfessionalFundraising>
      <FundraisingActivities referenceDocumentId="RetDoc1041200001">1</FundraisingActivities>
      <Gaming referenceDocumentId="RetDoc1041200001">0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <ExcessBenefitTransaction>0</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>0</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions referenceDocumentId="RetDoc1042900001">1</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt referenceDocumentId="RetDoc1042900001">0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="RetDoc1043500001">0</DisregardedEntity>
      <RelatedEntity referenceDocumentId="RetDoc1043500001">1</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="RetDoc1043500001">0</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg referenceDocumentId="RetDoc1043500001">0</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership referenceDocumentId="RetDoc1043500001">0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>53</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>1</ComplianceWithBackupWitholding>
      <NumberOfEmployees>175</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>1</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <QuidProQuoContributions>0</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>0</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>0</FundsToPayPremiums>
      <PremiumsPaid>0</PremiumsPaid>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>30</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>30</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>0</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>0</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>1</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>1</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>1</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>1</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>0</DocumentRetentionPolicy>
      <CompensationProcessCEO>1</CompensationProcessCEO>
      <CompensationProcessOther>1</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>CA</StatesWhereCopyOfReturnIsFiled>
      <OtherWebsite>X</OtherWebsite>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>SCARLET SY</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>2134733030</TelephoneNumber>
        <AddressUS>
          <AddressLine1>231 EAST THIRD ST G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>ALAN NISHIO</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>2.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SANDRA YAMANE</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID MITANI</NamePerson>
        <Title>VICE PRESIDENT</Title>
        <AverageHoursPerWeek>1.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RIKA HOUSTON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>EDWIN TAKAHASHI</NamePerson>
        <Title>TREASURER</Title>
        <AverageHoursPerWeek>1.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>AMY UTSUNOMIYA</NamePerson>
        <Title>SECRETARY</Title>
        <AverageHoursPerWeek>1.50</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID YOO</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>FRED HOSHIYAMA</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MIYAKO IWAI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DENNIS KOBATA</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LLOYD KAJIKAWA</NamePerson>
        <Title>VICE PRESIDENT</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DICK KAKU</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MIDORI KAMEI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KINYO KAY MORI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DANA HEATHERTON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TIM MANAKA JR</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KATHY MASAOKA</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TRISHA MURAKAWA</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JEAN NISHIMOTO</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ALBERT MURATSUCHI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DEBRA NAKATOMI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID UYEHARA</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DEAN TOJI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHNG HO SONG</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JERI OKAMOTO-FLOYD</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LINDA YAMAUCHI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>WENDY WANG</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>AKEMI ARAKAKI</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROBBIN NARIKE-PRECIADO</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KATHY MALASKE-SAMU</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>0.80</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BILL WATANABE</NamePerson>
        <Title>FORMER EXECUTIVE DIRECTOR</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>120805</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DEAN MATSUBAYASHI</NamePerson>
        <Title>EXECUTIVE DIRECTOR</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>67576</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ERICH NAKANO</NamePerson>
        <Title>DEPUTY DIRECTOR</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>76582</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SCARLET SY</NamePerson>
        <Title>CFO</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>65212</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>330175</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>1</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <FundraisingEvents>14474</FundraisingEvents>
      <GovernmentGrants>3251684</GovernmentGrants>
      <AllOtherContributions>5471624</AllOtherContributions>
      <NoncashContributions>161651</NoncashContributions>
      <TotalContributions>8737782</TotalContributions>
      <ProgramServiceRevenue>
        <Description>SERVICE FEE</Description>
        <BusinessCode>531110</BusinessCode>
        <TotalRevenueColumn>846064</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>846064</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>DEVELOPER FEES</Description>
        <BusinessCode>531390</BusinessCode>
        <TotalRevenueColumn>568125</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>568125</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>PROPERTY MANAGEMENT FE</Description>
        <BusinessCode>531310</BusinessCode>
        <TotalRevenueColumn>371617</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>371617</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>REAL ESTATE INCOME</Description>
        <BusinessCode>531110</BusinessCode>
        <TotalRevenueColumn>290273</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>290273</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>PARTNERSHIP FEES</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>105707</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>105707</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalOthProgramServiceRevenue>
        <TotalRevenueColumn>-2220907</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>-2220907</RelatedOrExemptFunctionIncome>
      </TotalOthProgramServiceRevenue>
      <TotalProgramServiceRevenue>-39121</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>18996</TotalRevenueColumn>
        <ExclusionAmount>18996</ExclusionAmount>
      </InvestmentIncome>
      <GrossIncomeFundraisingEvents>359411</GrossIncomeFundraisingEvents>
      <CntrbtnsRprtdFundraisingEvents>14474</CntrbtnsRprtdFundraisingEvents>
      <FundraisingDirectExpenses>144760</FundraisingDirectExpenses>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>214651</TotalRevenueColumn>
        <ExclusionAmount>214651</ExclusionAmount>
      </NetIncomeFromFundraisingEvents>
      <OtherRevenueMisc>
        <Description>MISCELLANEOUS</Description>
        <BusinessCode>531310</BusinessCode>
        <TotalRevenueColumn>56961</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>56961</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>OPERATING GAIN FROM IN</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>28500</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>28500</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>85461</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>9017769</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>46340</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>233647</ExclusionAmount>
      </TotalRevenue>
      <InfoInScheduleOPartIX>X</InfoInScheduleOPartIX>
      <CompCurrentOfficersDirectors>
        <Total>330175</Total>
        <ProgramServices>330175</ProgramServices>
      </CompCurrentOfficersDirectors>
      <OtherSalariesAndWages>
        <Total>4521509</Total>
        <ProgramServices>3878199</ProgramServices>
        <ManagementAndGeneral>358062</ManagementAndGeneral>
        <Fundraising>285248</Fundraising>
      </OtherSalariesAndWages>
      <OtherEmployeeBenefits>
        <Total>361380</Total>
        <ProgramServices>236351</ProgramServices>
        <ManagementAndGeneral>101598</ManagementAndGeneral>
        <Fundraising>23431</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>409643</Total>
        <ProgramServices>359178</ProgramServices>
        <ManagementAndGeneral>28320</ManagementAndGeneral>
        <Fundraising>22145</Fundraising>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>4300</Total>
        <ProgramServices>3500</ProgramServices>
        <ManagementAndGeneral>800</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>63769</Total>
        <ProgramServices>52474</ProgramServices>
        <ManagementAndGeneral>9646</ManagementAndGeneral>
        <Fundraising>1649</Fundraising>
      </FeesForServicesAccounting>
      <Advertising>
        <Total>10512</Total>
        <ProgramServices>8359</ProgramServices>
        <ManagementAndGeneral>658</ManagementAndGeneral>
        <Fundraising>1495</Fundraising>
      </Advertising>
      <Occupancy>
        <Total>311423</Total>
        <ProgramServices>293961</ProgramServices>
        <Fundraising>17462</Fundraising>
      </Occupancy>
      <Travel>
        <Total>103037</Total>
        <ProgramServices>95154</ProgramServices>
        <ManagementAndGeneral>2615</ManagementAndGeneral>
        <Fundraising>5268</Fundraising>
      </Travel>
      <Interest>
        <Total>14667</Total>
        <ProgramServices>14667</ProgramServices>
      </Interest>
      <DepreciationDepletion>
        <Total>59090</Total>
        <ProgramServices>17522</ProgramServices>
        <ManagementAndGeneral>41568</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>45153</Total>
        <ProgramServices>38811</ProgramServices>
        <ManagementAndGeneral>4728</ManagementAndGeneral>
        <Fundraising>1614</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>SUBCONTRACTORS</Description>
        <Total>391695</Total>
        <ProgramServices>391695</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SUPPLIES</Description>
        <Total>233677</Total>
        <ProgramServices>204706</ProgramServices>
        <ManagementAndGeneral>14604</ManagementAndGeneral>
        <Fundraising>14367</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CHILDCARE PROVIDERS</Description>
        <Total>232539</Total>
        <ProgramServices>232539</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CHILDCARE SUBCONTRACT W</Description>
        <Total>189383</Total>
        <ProgramServices>189383</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>1177390</Total>
        <ProgramServices>936302</ProgramServices>
        <ManagementAndGeneral>61245</ManagementAndGeneral>
        <Fundraising>179843</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>8459342</Total>
        <ProgramServices>7282976</ProgramServices>
        <ManagementAndGeneral>623844</ManagementAndGeneral>
        <Fundraising>552522</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>1974343</BOY>
        <EOY>2030180</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>159859</BOY>
        <EOY>163504</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>873947</BOY>
        <EOY>1283181</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>130709</BOY>
        <EOY>63656</EOY>
      </AccountsReceivable>
      <OtherNotesLoansReceivableNet>
        <BOY>574000</BOY>
        <EOY>562151</EOY>
      </OtherNotesLoansReceivableNet>
      <PrepaidExpensesDeferredCharges>
        <BOY>70965</BOY>
        <EOY>61398</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>6543534</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>546804</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>9893851</BOY>
        <EOY>5996730</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>883917</BOY>
        <EOY>1088016</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsProgramRelated>
        <BOY>1822717</BOY>
        <EOY>1840168</EOY>
      </InvestmentsProgramRelated>
      <OtherAssetsTotal>
        <BOY>7281283</BOY>
        <EOY>6531786</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>23665591</BOY>
        <EOY>19620770</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>978821</BOY>
        <EOY>841380</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>300000</BOY>
        <EOY>300000</EOY>
      </DeferredRevenue>
      <MortNotesPyblSecuredInvestProp>
        <BOY>11906823</BOY>
        <EOY>7671567</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>703607</BOY>
        <EOY>494496</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>13889251</BOY>
        <EOY>9307443</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>9368361</BOY>
        <EOY>9124921</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>407979</BOY>
        <EOY>1188406</EOY>
      </TemporarilyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>9776340</BOY>
        <EOY>10313327</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>23665591</BOY>
        <EOY>19620770</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>558427</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-21440</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>1</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>1</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>7362411</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>6717009</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>6543722</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>7125491</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>8952433</CurrentTaxYear>
        <Total>36701066</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>1359362</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1746869</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>2746110</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>3940398</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>-39121</CurrentTaxYear>
        <Total>9753618</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>8721773</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>8463878</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>9289832</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>11065889</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>8913312</CurrentTaxYear>
        <Total>46454684</Total>
      </Total509>
      <AmtsRecdFromDisqualPersons>
        <Total>0</Total>
      </AmtsRecdFromDisqualPersons>
      <AmtsFromSubstContributors>
        <Total>0</Total>
      </AmtsFromSubstContributors>
      <SupportFromDQPsEtc>
        <Total>0</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>46454684</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>54576</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>29064</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>14042</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4819</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>18996</CurrentTaxYear>
        <Total>121497</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>54576</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>29064</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>14042</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4819</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>18996</CurrentTaxYear>
        <Total>121497</Total>
      </InvestmentIncomeAndUBTI>
      <OtherIncome509>
        <CurrentTaxYearMinus4Years>45331</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>146653</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>204170</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>28121</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>85461</CurrentTaxYear>
        <Total>509736</Total>
      </OtherIncome509>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>8821680</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>8639595</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>9508044</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>11098829</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>9017769</CurrentTaxYear>
        <Total>47085917</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.98660</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.98550</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00260</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.00330</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <Land>
        <OtherCostOrOtherBasis>5306485</OtherCostOrOtherBasis>
        <BookValue>5306485</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>683339</OtherCostOrOtherBasis>
        <Depreciation>181052</Depreciation>
        <BookValue>502287</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <OtherCostOrOtherBasis>182166</OtherCostOrOtherBasis>
        <Depreciation>151329</Depreciation>
        <BookValue>30837</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <OtherCostOrOtherBasis>371544</OtherCostOrOtherBasis>
        <Depreciation>214423</Depreciation>
        <BookValue>157121</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>5996730</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>INVESTMENT IN AFFILIATES</Description>
        <BookValue>1840168</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <TotalOfBookValueProgramRelated>1840168</TotalOfBookValueProgramRelated>
      <OtherAssets>
        <Description>DUE FROM AFFILIATES</Description>
        <BookValue>4459355</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>CONSTRUCTION IN PROGRESS</Description>
        <BookValue>2072431</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>6531786</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>CHILDCARE RESERVE LIABILITY</Description>
        <Amount>10020</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>TENANT SECURITY DEPOSITS</Description>
        <Amount>8966</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>CASH HELD IN TRUST</Description>
        <Amount>390</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACCRUED PAYROLL, TAXES AND BENEFITS</Description>
        <Amount>475120</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>494496</TotalOfAmounts>
      <TotalRevenue>9017769</TotalRevenue>
      <TotalExpenses>8459342</TotalExpenses>
      <ExcessOrDeficitForYear>558427</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-10391</NetUnrealizedGLOnInvestments>
      <OtherAmount>-11049</OtherAmount>
      <TotalAdjustments>-21440</TotalAdjustments>
      <ExcessOrDeficitPerFS>536987</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>11225803</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-10391</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>80523</DonatedSrvcAndUseOfFacilities>
      <OtherRevenues>3140892</OtherRevenues>
      <RevenueNotRptdF990>3211024</RevenueNotRptdF990>
      <RevenueSubtotal>8014779</RevenueSubtotal>
      <OtherRevenuesNotIncluded>1002990</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>1002990</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>9017769</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>13835595</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>80523</DonatedServicesUseOfFacilities>
      <OtherExpensesIncluded>5295730</OtherExpensesIncluded>
      <ExpensesNotRptdF990>5376253</ExpensesNotRptdF990>
      <ExpensesSubtotal>8459342</ExpensesSubtotal>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>8459342</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>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 (&gt;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.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XI, LINE 8 - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>TAX/BOOK DIFFERENCE ON OPERATING GAIN FROM INVESTMENT IN AFFILIATES -11,049.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>REAL ESTATE INCOME FROM SUBSIDIARIES 3,140,892.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>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.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>EXPENSES FROM SUBSIDIARIES 5,295,730.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041200001">
      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <PhoneSolicitations>X</PhoneSolicitations>
      <InPersonSolicitations>X</InPersonSolicitations>
      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SolicitationOfGovtGrants>X</SolicitationOfGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>0</AgreementRefFundraising>
      <LicensedStates>CA</LicensedStates>
      <EventsInformation>
        <NameOfEvent1>SAKE</NameOfEvent1>
        <GrossReceiptsEvent1>214697</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>10270</CharitableContributionsEvent1>
        <GrossRevenueEvent1>204427</GrossRevenueEvent1>
        <NonCashPrizesEvent1>7303</NonCashPrizesEvent1>
        <RentFacilityCostsEvent1>19300</RentFacilityCostsEvent1>
        <FoodAndBeverageEvent1>16293</FoodAndBeverageEvent1>
        <OtherDirectExpensesEvent1>21795</OtherDirectExpensesEvent1>
        <NameOfEvent2>STARNIGHT CONCERT</NameOfEvent2>
        <GrossReceiptsEvent2>159188</GrossReceiptsEvent2>
        <CharitableContributionsEvent2>4204</CharitableContributionsEvent2>
        <GrossRevenueEvent2>154984</GrossRevenueEvent2>
        <RentFacilityCostsEvent2>30870</RentFacilityCostsEvent2>
        <FoodAndBeverageEvent2>12680</FoodAndBeverageEvent2>
        <EntertainmentEvent2>17000</EntertainmentEvent2>
        <OtherDirectExpensesEvent2>19519</OtherDirectExpensesEvent2>
        <TotalNumberOfOtherEvents>1</TotalNumberOfOtherEvents>
        <GrossReceiptsTotal>373885</GrossReceiptsTotal>
        <CharitableContributionsTotal>14474</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>359411</GrossRevenueTotalEvents>
        <NonCashPrizesTotalEvents>7303</NonCashPrizesTotalEvents>
        <RentFacilityCostsTotalEvents>50170</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>28973</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>17000</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>41314</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>144760</DirectExpenseSummaryEvents>
        <NetIncomeSummary>214651</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>SUPPLIES; TICKET; GIFT CARD</Description>
        <NoncashContribsRptdF990>161651</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>0</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>LTSC COMMUNITY DEVELOPMENT CORP. OUTSIDE AUDITORS &amp; FINANCE STAFF PREPARE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION CEO &amp; CFO. THE FORM IS THEN SENT TO THE FULL BOARD FOR APPROVAL BEFORE FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ALL OTHER FUNCTIONAL EXPENSES</Identifier>
        <ReturnReference>FORM 990, PART X, LINE 24E</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>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.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043500001">
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>2449 HYPERION LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>954707126</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>38891</ShareOfTotalIncome>
        <ShareOfEOYAssets>634403</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>0</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SAN PEDRO FIRM BUILDING LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>954246947</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-2933</ShareOfTotalIncome>
        <ShareOfEOYAssets>1179518</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <CodeVAmount>6</CodeVAmount>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>LPE LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>954442491</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-5768</ShareOfTotalIncome>
        <ShareOfEOYAssets>4969178</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <CodeVAmount>11</CodeVAmount>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>OLD UNION CHURCH GENRAL PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>954589987</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-56497</ShareOfTotalIncome>
        <ShareOfEOYAssets>1330879</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <CodeVAmount>121</CodeVAmount>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>FAR EAST BUILDING LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>954888608</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-8</ShareOfTotalIncome>
        <ShareOfEOYAssets>21729</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>CESAR CHAVEZ GARDENS LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>767 NORTH HILL STREET SUITE 400</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90012</ZIPCode>
        </AddressUS>
        <EIN>954791411</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>ANGELINA ASSOCIATES LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>535 WEST COLORADO STREET SUITE 300</AddressLine1>
          <City>GLENDALE</City>
          <State>CA</State>
          <ZIPCode>91204</ZIPCode>
        </AddressUS>
        <EIN>954501565</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-277</ShareOfTotalIncome>
        <ShareOfEOYAssets>332228</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <CodeVAmount>1</CodeVAmount>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>LDK SENIOR APARTMENTS LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>264789705</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfEOYAssets>1266715</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>36TH AND BROADWAY LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>263582955</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>55094</ShareOfTotalIncome>
        <ShareOfEOYAssets>4802665</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <CodeVAmount>51</CodeVAmount>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PHD APARTMENTS LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>271619379</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>EPWORTH APARTMENTS LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>272474492</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-1</ShareOfTotalIncome>
        <ShareOfEOYAssets>27583</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>MENLO FAMILY HOUSING LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>231 EAST 3RD ST SUITE G106</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90013</ZIPCode>
        </AddressUS>
        <EIN>274673989</EIN>
        <PrimaryActivity>RENTAL REAL ESTATE</PrimaryActivity>
        <LegalDomicileState>CA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-1</ShareOfTotalIncome>
        <ShareOfEOYAssets>443</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>1</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>1</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>1</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>1</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>1</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>