2025-10-21T07:29:08-05:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 934398449 FSN QALICB FSNQ 2134733030 231 E THIRD STREET G-106 LOS ANGELES CA 90013 BOMEE FAIN CFO 2134733030 2025-10-13 1 1 ROBERT J DOYLE JR P02365765 3178485700 2024 2025-03-06 01:10:19Z BOMEE FAIN 231 E THIRD STREET G-106 LOS ANGELES CA 90013 292692 0 X N/A X 2023 CA FSN QALICB, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, WAS FORMED AS A SUPPORTING ORGANIZATION TO SUPPORT LTSC COMMUNITY DEVELOPMENT CORPORATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION ("LTSC"). LTSC IS A 501(C)(3) NONPROFIT ORGANIZATION WITH THE PURPOSE OF PROMOTING AND SUPPORTING COMMUNITY DEVELOPMENT PROJECTS WHICH PRESERVE THE JAPANESE AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY IN THE LITTLE TOKYO AREA AND LOS ANGELES METROPOLITAN AREA. 5 5 0 0 0 0 0 292692 0 0 0 0 0 0 0 292692 0 0 0 0 0 0 0 0 0 0 65718 0 65718 0 226974 0 29604112 0 29377138 0 226974 X TO PLAN, PROMOTE AND SUPPORT COMMUNITY DEVELOPMENT PROJECTS WHICH PRESERVE THE JAPANESE-AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY IN THE LITTLE TOKYO AREA AND IN THE GREATER LOS ANGELES METROPOLITAN AREA FOR THE BENEFIT OF LOW AND MODERATE INCOME RESIDENTS, WORKERS AND OTHER DISADVANTAGED SECTORS OF THE LITTLE TOKYO COMMUNITY AND TO SERVE AS A PLANNING AND DEVELOPMENT RESOURCE FOR OTHER ETHNIC MINORITY COMMUNITY ORGANIZATIONS. 0 0 65718 292692 TO PLAN, PROMOTE AND SUPPORT COMMUNITY DEVELOPMENT PROJECTS WHICH PRESERVE THE JAPANESE-AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY IN THE LITTLE TOKYO AREA AND IN THE GREATER LOS ANGELES METROPOLITAN AREA FOR THE BENEFIT OF LOW AND MODERATE INCOME RESIDENTS, WORKERS AND OTHER DISADVANTAGED SECTORS OF THE LITTLE TOKYO COMMUNITY AND TO SERVE AS A PLANNING AND DEVELOPMENT RESOURCE FOR OTHER ETHNIC MINORITY COMMUNITY ORGANIZATIONS. 65718 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X BOMEE KIM FAIN 2134733030 231 E THIRD STREET NO G-106 LOS ANGELES CA 90013 X ERICH NAKANO PRESIDENT 0.15 X X 0 0 0 DEBBIE CHEN TREASURER 0.15 X X 0 0 0 TAKAO SUZUKI SECRETARY 0.15 X X 0 0 0 MITCHELL MAKI BOARD MEMBER 0.15 X 0 0 0 JEFFREY MALONEY BOARD MEMBER 0.15 X 0 0 0 0 0 0 0 0 0 0 WALTON CONSTRUCTION INC 358 E FOOTHILL BLVD SAN DIMAS CA 91773 5824855 1 292692 292692 292692 292692 0 0 0 47695 47695 18023 18023 65718 65718 0 0 17517447 594759 0 11491906 0 29604112 2432138 26945000 0 29377138 X 226974 0 226974 0 29604112 226974 0 X X 0 1 X 1 0 X X 1 LTSC COMMUNITY DEVELOPMENT CORPORATION 954444102 10 1 292692 0 1 292692 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CONSTRUCTION IN PROGRESS 11491906 11491906 X 292692 0 292692 0 292692 65718 0 65718 0 65718 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY. X DEVELOPMENT EXPENSES PAID 1 292692 ACTUAL COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S EXTERNAL AUDITORS AND FINANCE STAFF PREPARE FORM 990. IT IS THEN REVIEWED AND APPROVED BY THE CEO AND CFO BEFORE BEING SENT TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING A) RECEIPT OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, B) UNDERSTANDING OF THE POLICY, AND C) AGREEMENT WITH THE POLICY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY DESCRIBES HOW THE ORGANIZATION WILL RESOLVE POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 FSN QALICB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C OVERVIEW OF AUDIT FUNCTION THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. LTSC COMMUNITY DEVELOPMENT CORPORATION 231 E THIRD STREET NO G-106 LOS ANGELES CA 90013 954444102 SOCIAL WELFARE AND COMMUNITY DEVELOPMENT ACTIVITIES CA 501(C)(3) LINE 10 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LTSC COMMUNITY DEVELOPMENT CORPORATION C 292692 ACTUAL