California · Nonprofit
LTSC COMMUNITY DEVELOPMENT CORPORATION
LTSC COMMUNITY DEVELOPMENT CORPORATION (California) receives grants from 106 organizations whose IRS filings report $29,435,362 to it, the largest being CALIFORNIA COMMUNITY FOUNDATION ($5,635,741). 59 of them have funded it in more than one year.
- Revenue FY2024
- $28M
- Funders on record
- 106
- Grants received
- $29M
- Net assets
- $59M
What Ltsc Community Development Corporation does
Mission
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.
As stated on its FY2024 Form 990.
Programs
Promoted community economic development through developing, providing, and maintaining affordable housing; worked to preserve the unique cultural legacy and life of the little tokyo community by acquiring and renovating four of the 15 buildings in the little tokyo historic district on first street; provided services to residents of the organization's affordable housing buildings in the immediate downtown los angeles area
$4,288,221 spent$5,405,201 earned by the program26% of program spendingProvided multilingual social services; originally founded to serve monolingual japanese living in little tokyo, the organization continued to serve this population and has expanded to serve the japanese american population throughout southern california, as well as other asian immigrant populations in los angeles. Services have expanded to children, youth, young adult and adult populations. The homeless services program is focused on providing direct services to unhoused people in little tokyo and the surrounding neighborhoods through outreach and engagement, case management, service referral and housing navigation.
$3,119,525 spent$996,214 earned by the program19% of program spendingWorked with little tokyo residents and stakeholders to improve the community and represent their voices in the ongoing development of the neighborhood; developed and managed a multi-purpose sports and activities center to provide a facility where youth and families can congregate and engage in meaningful activities that emphasize sportsmanship, teamwork, diversity and healthy-living; served as the fiscal sponsor for a number of programs, offering technical assistance, as well as management and administrative support to help the programs fulfill their respective goals and missions.administered subsidized, high quality child care for primarily low-income families with children ages six weeks to five years old. The family child care program involves home-based providers who service newborns and toddlers, and angelina preschool services three to fiveyear-olds. The programs are developmental, child-oriented, service program costs of other, non-childcare, related programs, parent-friendly and staffed by skilled professionals.
$9,125,496 spent$1,605,127 earned by the program55% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $16,533,242.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $127M to $188M (+48%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 22% · 2018 42% · 2019 51% · 2020 32% · 2021 31% · 2022 41% · 2023 31% · 2024 26%. Grants only. Government contracts and fees sit inside program revenue.
69% of LTSC COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Erich Nakano
Executive director
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 45 funders, grant income rose $939k → $7.7M.
22 of 106 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LTSC COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 106 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LTSC COMMUNITY DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 19% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LTSC COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 48% · 2018 30% · 2019 32% · 2020 16% · 2021 17% · 2022 13% · 2023 47% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of LTSC COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
58% of LTSC COMMUNITY DEVELOPMENT CORPORATION's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8.8M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LTSC COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024
Government funding LTSC COMMUNITY DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.3M on record.
- Department of Health and Human Services$2.0M
- Small Business Administration$1.8M
- Department of Housing and Urban Development$1.5M
- National Endowment for the Arts$10k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LTSC COMMUNITY DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 27 related entities
- Crocker Apartments LP · disregarded
- Cleveland Apartments LLC · disregarded
- Linda Vista Housing LLC · disregarded
- A3m Inc · exempt
- Budokan Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LTSC COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LTSC COMMUNITY DEVELOPMENT CORPORATION?
- LTSC COMMUNITY DEVELOPMENT CORPORATION (California) receives grants from 106 organizations whose IRS filings report $29,435,362 to it, the largest being CALIFORNIA COMMUNITY FOUNDATION ($5,635,741). 59 of them have funded it in more than one year.
- How many funders does LTSC COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 106 organizations giving $29,435,362 in grants to LTSC COMMUNITY DEVELOPMENT CORPORATION, 59 of which have funded it in more than one year.
- Who is the largest funder of LTSC COMMUNITY DEVELOPMENT CORPORATION?
- CALIFORNIA COMMUNITY FOUNDATION is the largest funder on record, with $5,635,741 in grants. The full list of funders is on this page.
- How can an organization like LTSC COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Ltsc Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 106 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing