Public Charity

LTSC COMMUNITY DEVELOPMENT CORPORATION

LTSC COMMUNITY DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in LOS ANGELES, CA. Its most recent IRS filing (2024) reports revenue of $27.5M, expenses of $18.9M, total assets of $187.9M. Imperigo tracks 178 reported grant relationships connected to this organization totaling approximately $20.4M.

EIN: 954444102 LOS ANGELES, CA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$27.5M
Total Expenses$18.9M
Total Assets$187.9M
Grant Records178
Funding Total$20.4M
Filing Years2020–2024

Mission

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.

Where $100 goes at Ltsc Community Development Corporation

How Ltsc Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$84 Programs the work itself
$11 Management running the organization
$5 Fundraising raising the next dollar

Inside the $84 for programs

$46
Worked with little tokyo residents and stakeholders to improve the community and represent their voices in the ongoing development of the neighborhood; developed and managed a multi-purpose sports…
55% of program spending
$22
Promoted community economic development through developing, providing, and maintaining affordable housing; worked to preserve the unique cultural legacy and life of the little tokyo community by acquiring and…
26% of program spending
$16
Provided multilingual social services; originally founded to serve monolingual japanese living in little tokyo, the organization continued to serve this population and has expanded to serve the japanese…
19% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Betty Avila
BOARD MEMBER Bibiana Rosalia
CFO Bomee Fain
BOARD MEMBER Chris Aihara
PRESIDENT Claire Kitayama
BOARD MEMBER Dae Joong Yoon

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,438,687 76 grants
Housing & Homelessness
$5,436,285 15 grants
Economic Development
$1,746,250 8 grants
Training & Professional Development
$1,015,036 5 grants
Human & Social Services
$911,064 17 grants

Financial Trends

Year Revenue Expenses Assets
2024 $27.5M $18.9M $187.9M
2023 $22.3M $16.0M $126.6M
2022 $23.6M $13.9M $83.5M
2021 $15.5M $12.4M $47.2M
2020 $19.0M $12.2M $41.1M

Between 2020 and 2024, reported annual revenue grew from $19.0M to $27.5M (+45%), with total assets most recently reported at $187.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LTSC COMMUNITY DEVELOPMENT CORPORATION

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