2026-01-16T07:23:25-06:00 2025-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-07-01 200726638 ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM INC ASIA 2134731605 231 E THIRD STREET G-106 LOS ANGELES CA 90013 TAKAO SUZUKI CO-EXECUTIVE DIRECTOR 2134731605 2026-01-14 1 1 ROBERT J DOYLE JR P02365765 3178485700 2024 2025-03-06 01:10:19Z TAKAO SUZUKI 231 E THIRD STREET G-106 LOS ANGELES CA 90013 265788 0 X WWW.APISBP.ORG X 2004 CA THE MISSION OF THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS TO ASSIST THE DEVELOPMENT OF SMALL & MICRO BUSINESSES IN LOS ANGELES WITH A PARTICULAR FOCUS ON THE CHINESE, CAMBONIAN, KOREAN, JAPANESE, THAI, AND FILIPINO BUSINESS COMMUNITIES, ESPECIALLY THOSE OF LOW-INCOME IMMIGRANTS. 7 7 0 0 0 0 526656 265700 0 0 828 88 0 0 527484 265788 525000 150000 0 0 0 0 0 0 0 2020 5501 527020 155501 464 110287 1211099 996827 325000 441 886099 996386 X THE MISSION OF THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS TO ASSIST THE DEVELOPMENT OF SMALL & MICRO BUSINESSES IN LOS ANGELES WITH A PARTICULAR FOCUS ON THE CHINESE, CAMBONIAN, KOREAN, JAPANESE, THAI, AND FILIPINO BUSINESS COMMUNITIES, ESPECIALLY THOSE OF LOW-INCOME IMMIGRANTS. 0 0 155501 150000 88 THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM IS ORGANIZED AND OPERATES FOR THE EXCLUSIVE BENEFIT OF THE SMALL BUSINESS PROGRAM OF LTSC CDC. API SBP AND LTSC CDC HAVE PARALLEL PURPOSE. LTSC CDC SEEKS TO SUPPORT THE HISTORY, CULTURE AND ECONOMIC DEVELOPMENT OF MINORITY AND LOW-INCOME COMMUNITIES, WITH API SBP'S PRIMARY PURPOSE, AS DEFINED IN THE ARTICLES OF INCORPORATION, TO RAISE FUNDS AND DEVELOP COMMUNITY SUPPORT FOR THE SMALL BUSINESS PROGRAMS OF LTSC CDC. ALL FUNDS RECEIVED BY API SBP ARE GIVEN DIRECTLY TO LTSC CDC FOR USE IN ITS SMALL BUSINESS PROGRAM OR TO BE SOLELY USED FOR CHARITABLE ACTIVITIES, WHICH SUPPORT AND BENEFIT THE SMALL BUSINESS PROGRAMS OF LTSC CDC.THE FUNDS RAISED BY THE ORGANIZATION ARE USED TO SUPPORT THE SMALL BUSINESS ASSISTANCE PROGRAM OF LTSC CDC. THE PROGRAM ASSISTED APPROXIMATELY 2,000 ENTREPRENUERS DURING THE YEAR. THE PROGRAM FUNCTIONS PRIMARILY IN FIVE NEIGHBORHOODS OF THE CITY OF LOS ANGELES & ONE NEIGHBORHOOD OF THE CITY OF LONG BEACH, ALL WHICH ARE FEDERALLY-DEFINED LOW-MODERATE INCOME AREAS. 155501 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X LTSC CDC 2134733030 231 E THIRD STREET G-106 LOS ANGELES CA 90013 X CHANCHANIT MARTORELL PRESIDENT 0.00 X X 0 0 0 KIMMY MANIQUIS TREASURER 0.00 X X 0 0 0 ERICH NAKANO DIRECTOR 0.00 X 0 0 0 PETER NG DIRECTOR 0.00 X 0 0 0 JOHNG HO SONG DIRECTOR 0.00 X 0 0 0 SUSANA SNGIEM DIRECTOR 0.00 X 0 0 0 PEYMAN MALAZ DIRECTOR 0.00 X 0 0 0 TAKAO SUZUKI DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 265700 265700 88 88 265788 88 0 0 150000 150000 5501 5501 155501 155501 0 0 211276 125715 999823 871112 1211099 996827 325000 441 325000 441 X 886099 996386 886099 996386 1211099 996827 110287 0 X 0 0 0 X X 1 LTSC COMMUNITY DEVELOPMENT CORP 954444102 10 1 150000 0 1 150000 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 1 LTSC COMMUNITY DEVELOPMENT CORPORATION 231 E THIRD STREET G106 LOS ANGELES CA 90013 954444102 501(C)(3) 150000 0 SMALL BUSINESS PROGRAM FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS TO REVIEW THIS FORM 990 AT THE END OF THE FISCAL YEAR, THE PROFIT AND LOSS (P & L) STATEMENT, GENERAL LEDGER & BALANCE SHEETS ARE GENERATED FOR JULY 1ST THROUGH JUNE 30TH. THE DOCUMENTS (P & L, G/L & BALANCE SHEET) ARE FORWARDED TO THE API SBP PROGRAM MANAGER FOR REVIEW AND ANALYZING. THE DATA IS ANALYZED AND USED TO FILL OUT THE FORM 990, SCHEDULE A, SCHEDULE B, SCHEDULE I, SCHEDULE O AND SCHEDULE R ACCORDINGLY. THE FORMS ARE THEN FORWARDED TO THE ACCOUNTING MANAGER IN THE LTSC CDC FISCAL DEPARTMENT FOR REVIEW AND FINAL APPROVAL. ONCE THE FORMS ARE APPROVED BY THE ACCOUNTING MANAGER, THE FORMS ARE FORWARDED TO AN AUTHORIZED SIGNATORY FOR API SBP, INC. ONCE SIGNED, COPIES ARE MADE FOR INTERNAL FILES AND THE ORIGINALS ARE FILED DIRECTLY WITH THE IRS. 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 ALL OF THE ASIAN PACIFIC ISLANDER SMALL BUSINESS PROGRAM, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL ITEMS ARE HOUSED AT LTSC COMMUNITY DEVELOPMENT CORPORATION, 231 E. 3RD ST., G-106, LOS ANGELES, CA 90013. LTSC COMMUNITY DEVELOPMENT CORPORATION 231 E 3RD ST G-106 LOS ANGELES CA 90013 954444102 CA 501(C)(3) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LTSC COMMUNITY DEVELOPMENT CORPORATION B 150000 FMV