Skip to content
Nonprofiteer
← LTSC COMMUNITY DEVELOPMENT CORPORATION

Form 990 for tax year 2023

Filed by LTSC COMMUNITY DEVELOPMENT CORPORATION.

Totals

Total revenue
$22,256,319
Total expenses
$15,986,199
Contributions and grants received
$16,015,567
Grants paid
$0
Program services expenses (Part IX)
$13,520,976
Management and general expenses
$1,866,041
Fundraising expenses
$599,182
Program service expenses (Part III)
$13,520,976

Program services were 84.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DICK KAKU

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • MIGUEL NUNEZ

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.8

  • CLAIRE KITAYAMA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • EDWIN TAKAHASHI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KATHY MASAOKA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • GEORGE TANAKA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • AKEMI ARAKAKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KELSEY IINO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KEITH TERASAKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • DENNIS ARGUELLES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • MARK USUI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • JESSICA CHANG

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.8

  • JEFF SCHAFFER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KIRA CONLON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KAREN UMEMOTO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KIRK SASAKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • KELLY TAKASU

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • JEFFRY YONEMURA

    TREASURER

    Total calculated
    $0
    Hours/week
    0.8

  • BETTY AVILA

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • BIBIANA ROSALIA

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • CHRIS AIHARA

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • DAE JOONG YOON

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • MARY ANN TAKEMOTO

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • NOELLE ITO

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • PERLA ESTON

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • SID KATO

    MEMBER

    Total calculated
    $0
    Hours/week
    0.8

  • BOMEE FAIN

    CFO

    Total calculated
    $118,504
    From this org
    $118,504
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • ERICH NAKANO

    EXECUTIVE DIRECTOR

    Total calculated
    $162,186
    From this org
    $162,186
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,186
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $162,186

  • TAKAO SUZUKI

    HIGH COMPENSATED EMPLOYEE

    Total calculated
    $150,840
    From this org
    $150,840
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,840
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,840

  • MARGARET SHIMADA

    HIGH COMPENSATED EMPLOYEE

    Total calculated
    $127,057
    From this org
    $127,057
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • DEBBIE CHEN

    HIGH COMPENSATED EMPLOYEE

    Total calculated
    $145,856
    From this org
    $145,856
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • A3M INC

    501(C)(3) · COMMUNITY DEVELOPMENT · CA

    Directly controlled by LTSC COMMUNITY DEVELOPMENT CORP

  • BUDOKAN INC

    501(C)(3) · COMMUNITY DEVELOPMENT · CA

    Directly controlled by LTSC COMMUNITY DEVELOPMENT CORP

Provenance

Return type
form_990
Tax year
2023
Filed
17 September 2024
IRS schema version
2023v5.1
Source object
202402629349300045

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.