2011-02-14T17:17:15-06:00 2010-06-30 VASQUEZ & COMPANY LLP 801 SOUTH GRAND AVE SUITE 400 LOS ANGELES CA 90017 990 2009-07-01 954444102 LTSC Community Development Corporation LTSC 2134733030 231 E THIRD STREET No g106 LOS ANGELES CA 90013 SCARLET SY 2134733030 2011-01-31 2136299094 2009 2016-02-24 21:20:13Z SCARLET SY 231 EAST THIRD ST G106 LOS ANGELES CA 90013 9508044 0 X http://www.ltsc.org/cdc X 1993 CA 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. 30 29 189 0 0 0 6157509 6543722 2306369 2746110 29064 14042 116106 204170 8609048 9508044 0 0 5570903 5701847 0 433226 3593549 3065236 9164452 8767083 -555404 740961 36894717 35530655 32199422 29710832 4695295 5819823 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. 0 0 3093077 1019134 3851875 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. 2464647 2130213 2275736 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. 1002863 730607 881698 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. 1341599 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. 1341599 7902186 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 55 0 1 189 0 0 0 0 0 0 0 0 0 0 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X X SCARLET SY 2134733030 231 EAST THIRD ST G106 LOS ANGELES CA 90013 ALAN NISHIO 2.50 X 0 0 0 SANDRA YAMANE 1.50 X 0 0 0 SAM SHIMOGUCHI 1.50 X 0 0 0 RIKA HOUSTON 1.50 X 0 0 0 EDWIN TAKAHASHI 1.50 X 0 0 0 AMY UTSUNOMIYA 1.50 X 0 0 0 FRED HOSHIYAMA 0.80 X 0 0 0 MIYAKO IWAI 0.80 X 0 0 0 DENNIS KOBATA 0.80 X 0 0 0 LLOYD KAJIKAWA 0.80 X 0 0 0 DICK KAKU 0.80 X 0 0 0 MIDORI KAMEI 0.80 X 0 0 0 KAY MORI 0.80 X 0 0 0 DANA HEATHERTON 0.80 X 0 0 0 TIM MANAKA JR 0.80 X 0 0 0 KATHY MASAOKA 0.80 X 0 0 0 DAVID MITANI 0.80 X 0 0 0 JEAN NISHIMOTO 0.80 X 0 0 0 ALBERT MURATSUCHI 0.80 X 0 0 0 DEBRA NAKATOMI 0.80 X 0 0 0 DAVID UYEHARA 0.80 X 0 0 0 DEAN TOJI 0.80 X 0 0 0 erich nakano 40.00 X X 72195 0 0 JERI OKAMOTO-FLOYD 0.80 X 0 0 0 LINDA YAMAUCHI 0.80 X 0 0 0 AKEMI ARAKAKI 0.80 X 0 0 0 RAFAEL GONZALES 0.80 X 0 0 0 KATHY MALASKE-SAMU 0.80 X 0 0 0 RIGOBERTO RODRIGUEZ 0.80 X 0 0 0 JOHNG HO SONG 0.80 X 0 0 0 BILL WATANABE 40.00 X X X 114484 0 0 scarlet sy 40.00 X 56254 0 0 242933 0 0 1 0 0 0 0 294463 3356089 2893170 540 6543722 REAL ESTATE INCOME 531110 1201310 1201310 SERVICE FEE 531110 712651 712651 PROPERTY MANAGEMENT FE 531310 581878 581878 DEVELOPER FEES 531390 135433 135433 PARTNERSHIP FEES 900099 114838 114838 2746110 14042 14042 MISCELLANEOUS 531310 168636 168636 OPERATING GAIN FROM IN 900099 35534 35534 204170 9508044 2950280 0 14042 4581932 4114924 234641 232367 749239 682472 45076 21691 370676 337098 16609 16969 30363 28493 909 961 3140 1601 1539 398156 354459 25000 18697 81938 79826 1684 428 28675 28675 381970 315398 66572 28799 21270 6824 705 Childcare providers 339818 339818 Subcontractors 297321 297321 Childcare subcontract w 224501 224501 SUPPLIES 158722 152425 4314 1983 PHD APARTMENT OPERATING 158541 158541 933292 765364 30042 137886 8767083 7902186 431671 433226 1185711 1079187 235216 101272 571495 809628 349148 263663 574000 574000 64720 60146 25867975 1617846 26069133 24250129 934770 963299 1928334 1919564 4982190 5509767 36894717 35530655 1099035 1328656 309154 341474 29925002 27347953 866231 692749 32199422 29710832 X 4569349 5682374 125946 137449 4695295 5819823 36894717 35530655 X 0 1 1 X 1 1 X 6092201 6036461 7362411 6717009 6543722 32751804 1329804 1602376 1359362 1746869 2746110 8784521 7422005 7638837 8721773 8463878 9289832 41536325 0 0 0 41536325 129622 49603 54576 29064 14042 276907 129622 49603 54576 29064 14042 276907 316262 88658 45331 146653 204170 801074 7867889 7777098 8821680 8639595 9508044 42614306 0.97470 0.97770 0.00650 0.00750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15167465 15167465 9175694 611715 8563979 182166 134494 47672 1342650 871637 471013 24250129 INVESTMENT IN AFFILIATES 1919564 F 1919564 DUE FROM AFFILIATES 1191061 CONSTRUCTION IN PROGRESS 4318706 5509767 CHILDCARE RESERVE LIABILITY 47950 TENANT SECURITY DEPOSITS 49499 CASH HELD IN TRUST 158017 Accrued payroll, taxes and benefits 437283 692749 9508044 8767083 740961 87727 340194 -44354 383567 1124528 11358431 87727 340194 2155624 2583545 8774886 733158 733158 9508044 11924018 3156935 3156935 8767083 0 8767083 Part XI, Line 8 - Other Adjustments: TAX/BOOK DIFFERENCE ON OPERATING GAIN FROM INVESTMENT IN AFFILIATES: -44354. Part XII, Line 2d - Other Adjustments: REAL ESTATE INCOME FROM SUBSIDIARIES: 2155620. TAX/BOOK DIFFERENCE-OPERATING LOSS FROM INVESTMENT IN AFFILIATES: 4. Part XII, Line 4b - Other Adjustments: TAX/BOOK DIFFERENCE-OPERATING GAIN FROM INVESTMENT IN AFFILIATES: 35534. PROPERTY MANAGEMENT INCOME: 348530. DEVELOPER FEES: 115520. PARTNERSHIP FEES: 114838. SERVICE/MEMBERSHIP FEES: 240. OTHER REVENUE: 118496. Part XIII, Line 2d - Other Adjustments: EXPENSES FROM SUBSIDIARIES: 3156935. X X X X X X X 0 CA BENEFIT DINNER 71245 71245 12780 4810 starnight concert 190249 225 190024 1500 28366 9634 17500 15114 261494 225 261269 1500 41146 9634 17500 19924 89704 171565 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. 2449 HYPERION LLC 231 EAST 3RD ST SUITE G106 LOS ANGELES CA 90013 954707126 RENTAL REAL ESTATE CA N/A SAN PEDRO FIRM BUILDING LP 231 EAST 3RD ST SUITE G106 LOS ANGELES CA 90013 954246947 RENTAL REAL ESTATE CA related -2648 982728 0 13 1 LPE LIMITED PARTNERSHIP 231 EAST 3RD ST SUITE G106 LOS ANGELES CA 90013 954442491 RENTAL REAL ESTATE CA related -5237 4425488 0 16 1 OLD UNION CHURCH GENRAL PARTNERSHIP 231 EAST 3RD ST SUITE G106 LOS ANGELES CA 90013 954589987 RENTAL REAL ESTATE CA related -60017 1431308 0 345 1 FAR EAST BUILDING LP 231 EAST 3RD ST SUITE G106 LOS ANGELES CA 90013 954888608 RENTAL REAL ESTATE CA related -12 21752 0 1 CESAR CHAVEZ GARDENS LP 767 NORTH HILL STREET SUITE 400 LOS ANGELES CA 90012 954791411 RENTAL REAL ESTATE CA related -12 83838 0 1 ANGELINA ASSOCIATES LP 535 WEST COLORADO STREET SUITE 300 GLENDALE CA 91204 954501565 RENTAL REAL ESTATE CA related -279 339246 0 2 1 ldk senior apartments lp 231 EAST 3RD ST SUITE G106 lOS ANGELES CA 90013 264789705 rENTAL REAL ESTATE CA related 51000 1042385 0 1 36th and broadway lp 231 EAST 3RD ST SUITE G106 lOS ANGELES CA 90013 263582955 rENTAL REAL ESTATE CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0