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Organizations Housing & Shelter Ltsc Community Development Corporation

Ltsc Community Development Corporation

Fiscal year ending 2020. Filed on August 26, 2021.

231 E Third Street No G106
Los Angeles, California 90013

Ltsc Community Development Corporation (EIN: 95-4444102), also known as Ltsc Cdclittle Tokyo Service Center, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Ltsc Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 6 out of 133 total employees. Among the employees shown here, the average compensation is $115,826. The highest compensated employee at Ltsc Community Development Corporation is Erich Nakano with fiscal year 2020 compensation of $137,697.

Revenue, expenses, and employee compensation

Revenue

$19,015,665

Expenses

$12,199,691

Employee compensation

$6,952,924
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Erich Nakano
Executive Director
$137,697
$137,697 No related compNo other comp
Takao Suzuki
HIGH Compensated Employee
$125,144
$125,144 No related compNo other comp
Ichiro M Murase
HIGH Compensated Employee
$111,025
$111,025 No related compNo other comp
Margaret Shimada
HIGH Compensated Employee
$103,188
$103,188 No related compNo other comp
Ron Fong
HIGH Compensated Employee
$102,075
$102,075 No related compNo other comp
Bomee Fain
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Akemi Arakaki
Board Member
Alan Nishio
Board of Governors Chair
Claire Kitayama
Board Member
David Mitani
Vice President
David Uyehara
Board Member
Dennis Arguelles
Board Member
Dick Kaku
President
Edwin Takahashi
Board Member
George Tanaka
Board Member
Jeff Schaffer
Board Member
Jessica Chang
Board Member
Karen Umemoto
Board Member

Mission Statement

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.

Revisions to this organization profile

November 11, 2025:
2024 Ltsc Community Development Corporation 990 filed
September 18, 2024:
2023 Ltsc Community Development Corporation 990 filed
July 5, 2023:
2022 Ltsc Community Development Corporation 990 filed

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