Overview

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Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

LTSC Community Development Corporation, with EIN 95-4444102, is dedicated to housing development and community improvement, focusing on providing a comprehensive array of social welfare and community development activities to assist low-income individuals and others in need. With an operating budget of $18.9 million and total revenue of $27.5 million for the filing year 2024, the organization is supported by multiple significant funders and does not rely on a single source for over 50% of its revenue. More information can be found on their website at www.ltsc.org.

Mission Statement

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE A COMPREHENSIVE ARRAY OF SOCIAL WELFARE AND COMMUNITY DEVELOPMENT ACTIVITIES TO ASSIST LOW INCOME PERSONS AND OTHERS IN NEED.
Revenues
$27.5M
Expenses
$18.9M
Net Income:
+$8.6M
Assets
$187.9M
Liabilities
$128.7M
Net Assets:
+$59.3M
Operating Budget
$18.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
47
Median grant size
$25.8K
Largest grant received
$2.1M
E
Erich Nakano
Board Member
B
Bomee Fain
Board Member
K
Karen Umemoto
Board Member

Frequently Asked Questions

What is LTSC COMMUNITY DEVELOPMENT CORPORATION’s budget?
In 2024, LTSC COMMUNITY DEVELOPMENT CORPORATION reported an annual operating budget of around $18.9 million. More detailed financial information is available to registered users.
What causes does LTSC COMMUNITY DEVELOPMENT CORPORATION support?
LTSC COMMUNITY DEVELOPMENT CORPORATION supports work in Community improvement and Housing development.
Where does LTSC COMMUNITY DEVELOPMENT CORPORATION operate?
LTSC COMMUNITY DEVELOPMENT CORPORATION is headquartered in Los Angeles, CA.
Who funded LTSC COMMUNITY DEVELOPMENT CORPORATION recently?
In 2025, LTSC COMMUNITY DEVELOPMENT CORPORATION received grants from KOREAN IMMIGRANT WORKERS ADVOCATES OF SOUTHERN CALIFORNIA, ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INC, and THE CALIFORNIA ENDOWMENT. More information on this organization’s funders is available to registered users.
What is the largest grant LTSC COMMUNITY DEVELOPMENT CORPORATION received in 2024?
The largest grant to LTSC COMMUNITY DEVELOPMENT CORPORATION in 2024 exceeds $2.1 million.
What is LTSC COMMUNITY DEVELOPMENT CORPORATION’s reliance on government grants?
LTSC COMMUNITY DEVELOPMENT CORPORATION relied on government grants for more than 25% of their total revenue in 2024.