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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 2023. Filed on September 18, 2024.

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 2023 IRS Form 990 filing, Ltsc Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 5 out of 126 total employees. Among the employees shown here, the average compensation is $140,889. The highest compensated employee at Ltsc Community Development Corporation is Erich Nakano with fiscal year 2023 compensation of $162,186.

Revenue, expenses, and employee compensation

Revenue

$22,256,319

Expenses

$15,986,199

Employee compensation

$8,624,879
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Erich Nakano
Executive Director
$162,186
$162,186 No related compNo other comp
Takao Suzuki
HIGH Compensated Employee
$150,840
$150,840 No related compNo other comp
Debbie Chen
HIGH Compensated Employee
$145,856
$145,856 No related compNo other comp
Margaret Shimada
HIGH Compensated Employee
$127,057
$127,057 No related compNo other comp
Bomee Fain
Chief Financial Officer
$118,504
$118,504 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Akemi Arakaki
Board Member
Betty Avila
Member
Bibiana Rosalia
Member
Chris Aihara
Member
Claire Kitayama
President
Dae Joong Yoon
Member
Dennis Arguelles
Board Member
Dick Kaku
Board Member
Edwin Takahashi
Board Member
George Tanaka
Board Member
Jeff Schaffer
Board Member
Jeffry Yonemura
Treasurer

Contractors

Benchmark Contractors
Construction
$6,795,109
Carde Ten Architects
Architcect Fees
$550,000
Fsy Architects
Construction
$518,764
Mid Construction Group
Consulting
$300,209
Steel Protections Inc.
Security
$225,010

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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