2024-11-08T11:03:32-06:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 3780 KILROY AIRPORT WAY SUITE 330 LONG BEACH CA 90822 990 2023-01-01 952742514 LITTLE TOKYO TOWERS INC LITT 2132000184 455 E 3RD STREET LOS ANGELES CA 90013 ROBERT KAWAHARA PRESIDENT 2132000184 2024-11-08 1 0 WILLIAM LETSINGER P00478303 5624329482 2023 2024-10-15 13:58:12Z ROBERT KAWAHARA 455 E 3RD STREET LOS ANGELES CA 90017 1282944 0 X N/A X 1971 CA TO PROVIDE HOUSING FOR LOWER INCOME FAMILIES AND FAMILIES IN NEED, INCLUDING BUT NOT LIMITED TO SENIOR CITZENS AND HANDICAPPED MEMBERS OF THE COMMUNITY. ALSO, TO PROVIDE RESIDENTS OF THE HOUSING COMMUNITY THE SERVICES NECESSARY TO OBTAINING AN OVERALL HEALTHY QUALITY OG LIFE. 13 13 0 13 0 0 0 0 39134 262635 358485 1020309 0 0 397619 1282944 0 150000 0 0 0 0 0 0 0 125953 125109 125953 275109 271666 1007835 40092194 44003144 14226 9477 40077968 43993667 SEE SCHEDULE O 0 0 150251 1282944 THE ORGANIZATION IS A NONPROFIT THAT OWNED AN APARTMENT COMPLEX RENTING TO LOW INCOME, HANDICAPPED OR ELDERLY PERSONS. THE OPERATIONS ARE REGULATED AND CONTROLLED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. IT NOW OWNS THE APARTMENT COMPLEX THROUGH A GP OWNERSHIP INTEREST. 150251 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X ROBERT KAWAHARA 2132000184 455 E 3RD STREET LOS ANGELES CA 90017 X KENT KAWAI VICE PRESIDENT 1.00 X X 0 0 0 ROGER ISHIHARA DIRECTOR 3.00 X 0 0 0 REV SHUMYO KOJIMA DIRECTOR 1.00 X 0 0 0 NANCY TAKAYAMA DIRECTOR 1.00 X 0 0 0 ROBERT M KAWAHARA PRESIDENT 8.00 X X 0 0 0 REV RICHARD KUYAMA DIRECTOR 5.00 X 0 0 0 REV BILL BRIONES DIRECTOR 1.00 X 0 0 0 BRIAN YAMASAKI DIRECTOR 1.00 X X 0 0 0 KAZUO ODA DIRECTOR 1.00 X 0 0 0 LISA ARAKAKI TREASURER 3.00 X 0 0 0 REV MASAAKI ABE SHIRAIWA DIRECTOR 1.00 X 0 0 0 MARIKO ROOKS DIRECTOR 1.00 X 0 0 0 RYAN IWASAKA DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 LEASE PAYMENT INCOME 250000 250000 INCOME ON EQUITY INVES 12635 12635 262635 1020309 1020309 1282944 1282944 0 0 150000 150000 2000 2000 INVESTMENT FEES 105476 105476 OTHER EXPENSES 17382 17382 OPERATING AND MAINTENAN 251 251 275109 150251 124858 0 1795211 48184 35796983 41454207 0 1618 2500000 2500000 -865 40092194 44003144 14226 9477 14226 9477 X 0 0 0 0 0 0 40077968 43993667 40092194 44003144 1007835 2907864 0 X 0 0 0 X 2448168 2590816 2788048 8805 272112 8107949 2448168 2590816 2788048 8805 272112 8107949 0 0 0 8107949 408 566 260 358485 1020309 1380028 408 566 260 358485 1020309 1380028 2448576 2591382 2788308 367290 1292421 9487977 0.85450 0.96580 0.14550 0.03420 X 1 LITTLE TOKYO TOWERS COMMUNITY FOUNDATION 16502 KRISTIN AVE TORRANCE CA 90504 853722171 150000 0 CASH TO PROVIDE SUPPORT TO NONPROFITS IN LITTLE TOKYO COMMUNITY PART I, LINE 2: THE ORGANIZATION HAS ONE REPRESENTATIVE ON LITTLE TOKYO TOWERS COMMUNITY FOUNDATION BOARD AND THE BOARD MEMBER PROVIDES ROUTINE UPDATES AT THE ORGANIZATION'S BOARD MEETINGS. ONCE LITTLE TOKYO TOWERS COMMUNITY FOUNDATION IDENTIFIES A POTENTIAL OPPORTUNITY, THEY INQUIRE THE ORGANIZATION'S BOARD AND THE ORGANIZATION WORKS TOGETHER WITH LITTLE TOKYO TOWERS COMMUNITY FOUNDATION TO DETERMINE APPROPIATE AMOUNT OF FUNDING AND STRUCTURE OF POTENTIAL INVESTMENTS TO BE MADE. FORM 990, PART III, LINE 1 - ORGANIZATION MISSION TO PROVIDE HOUSING FOR LOWER-INCOME FAMILIES AND FAMILIES IN NEED, INCLUDING BUT NOT LIMITED TO SENIOR CITIZENS AND HANDICAPPED MEMBERS OF THE COMMUNITY. TO PROVIDE RESIDENTS OF THE HOUSING COMMUNITY THE SERVICES NECESSARY TO OBTAINING AN OVERALL HEALTHY QUALITY OF LIFE. TO ACQUIRE, OWN, PLAN, DEVELOP, CONSTRUCT, OPERATE, MAINTAIN AND IMPROVE LOW-INCOME AND AFFORDABLE RESIDENTIAL HOUSING, RELATED FACILITIES, AND SERVICES FOR RESIDENCE OF THE HOUSING COMMUNITY. RELATED FACILIATIES AND SERVICES SHALL INCLUDE, BUT NOT BE LIMITED TO, SOCIAL SERVICE FACILITIES, SOCIAL AND RECREATIONAL FACILITIES AND ANY OTHER FACILITIES IN THE COMMUNITY NECESSARY FOR THE WELLBEING OF THE LOW-INCOME RESIDENTS. TO PROVIDE RELIEF TO THE POOR AND DISTRESSED BY INVESTING IN AND SUPPORTING THE OVERALL HEALTH OF COMMUNITIES IN NEED IN ANY MANNER POSSIBLE, INCLUDING FINANCIALLY, CULTURALLY, PHYSICALLY, THROUGH SERVICES, AND THROUGH OTHER CHARITABLE ORGANIZATIONS. TO ASSIST, SUPPORT, AND WORK ALONGSIDE ORGANIZATIONS THAT SHARE THE SAME MISSION OF ENSURING THE WELL-BEING OF COMMUNITIES THROUGH LOW-INCOME HOUSING, GRANTS, SERVICES, OR COMMUNITY PRESERVATION. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DELEGATED THE ACCOUNTING AND PAYROLL FUNCTIONS TO A MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 WAS PROVIDED TO THE MANAGEMENT COMPANY AND BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THESE DOCUMENTS ARE MAINTAINED IN THE CORPORATE OFFICE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABL THE ENTITY MAINTAINS ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AND WILL PROVIDE THEM TO THE PUBLIC UPON REQUEST. FORM 990, PART V, LINE 2A & PART IX, LINE 7 EMPLOYEES, SALARIES AND WAGES - THE ORGANIZATION REIMBURSES THE MANAGEMENT COMPANY FOR WAGES AND PAYROLL TAXES. EMPLOYEES ARE PAID BY THE MANAGEMENT COMPANY, NO W-2S ARE ISSUED DIRECTLY BY THE ORGANIZATION LITTLE TOKYO TOWERS MGP LLC 455 E 3RD STREET LOS ANGELES CA 90013 852781095 AFFORDABLE HOUSING CA LITTLE TOKYO TOWERS INC RELATED 13065 0 1 0.54000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 LITTLE TOKYO TOWERS MGP LLC S 13500 CASH