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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Ltsc Community Development Corporation

Ltsc Community Development Corporation

Fiscal year ending 2022. Filed on July 5, 2023.

231 E Third Street 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 2022 IRS Form 990 filing, Ltsc Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 137 total employees. Among the employees shown here, the average compensation is $126,674. The highest compensated employee at Ltsc Community Development Corporation is Erich Nakano with fiscal year 2022 compensation of $152,790.

Revenue, expenses, and employee compensation

Revenue

$23,573,245

Expenses

$13,882,380

Employee compensation

$7,477,591
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Erich Nakano
Executive Director
$152,790
$152,790 No related compNo other comp
Takao Suzuki
HIGH Compensated Employee
$134,269
$134,269 No related compNo other comp
Bomee Fain
Chief Financial Officer
$117,200
$117,200 No related compNo other comp
Margaret Shimada
HIGH Compensated Employee
$116,666
$116,666 No related compNo other comp
Ron Fong
HIGH Compensated Employee
$112,446
$112,446 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Akemi Arakaki
Board Member
Alan Nishio
Board of Governors Chair
Betty Avila
Member
Bibiana Rosalia
Member
Chris Aihara
Member
Claire Kitayama
Secretary
David Mitani
Board Member
David Uyehara
Board Member
Dennis Arguelles
Board Member
Dick Kaku
President
Edwin Takahashi
Treasurer
George Tanaka
Board Member

Contractors

Carde Ten Architects
Architcect Fees
$1,410,000
Polis Builders Ltd.
Developer Fee
$243,888
Steel Protections Inc.
Security
$142,254
Flash Cuts
Consulting
$140,915
Fsy Architects
Architcect Fees
$105,516

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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