2025-11-15T02:45:58-05:00 2024-06-30 331988198 PEACOCK ACCOUNTING & TAX CPAS INC 124 N 1ST AVE STE 100 ARCADIA CA 91006 990 2023-07-01 954531770 THAI COMMUNITY DEVELOPMENT CENTER THAI 3234682555 6376 YUCCA ST STE B LOS ANGELES CA 90028 CHANCHANIT MARTORELL EXECUTIVE DIRECTOR 3234682555 2025-11-14 true false PATRICK TANTRAPHOL P00223623 6267755536 2025-11-14 2023 2025-03-06 01:10:19Z FILED PURSUANT TO FED DISASTER RELIEF CA202501 CHANCHANIT MARTORELL 6376 YUCCA ST STE B LOS ANGELES CA 90028 2291188 false X WWW.THAICDC.ORG X 1994 CA TO ADVANCE THE SOCIAL AND ECONOMIC WELL-BEING OF LOW AND MODERATE INCOME THAIS AND OTHER ETHNIC COMMUNITIES IN THE GREATER LOS ANGELES AREA THROUGH A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY INCLUDING HUMAN RIGHTS ADVOCACY, AFFORDABLE HOUSING, ACCESS TO HEALTHCARE, PROMOTION OF SMALL BUSINESSES, NEIGHBORHOOD EMPOWERMENT AND SOCIAL ENTERPRISES. 10 10 20 23 0 1752583 2175968 9254 9717 255 306 105197 1762092 2291188 0 0 957755 987698 0 136 983707 1389976 1941462 2377674 -179370 -86486 422640 326470 775928 766244 -353288 -439774 X TO ADVANCE THE SOCIAL AND ECONOMIC WELL-BEING OF LOW AND MODERATE INCOME THAIS AND OTHER ETHNIC COMMUNITIES IN THE GREATER LOS ANGELES AREA THROUGH A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY INCLUDING HUMAN RIGHTS ADVOCACY, AFFORDABLE HOUSING, ACCESS TO HEALTHCARE, PROMOTION OF SMALL BUSINESSES, NEIGHBORHOOD EMPOWERMENT AND SOCIAL ENTERPRISES. false false 1189415 628879 COMMUNITY ASSET BUILDING: AFFORDABLE HOUSING, COMMUNITY ECONOMIC DEVELOPMENT AND SOCIAL ENTERPRISES - THAI CDC CONTINUES TO OPERATE A 60 UNIT AFFORDABLE SENIOR HOUSING COMPLEX AND A 46 UNIT AFFORDABLE MULTI-FAMILY HOUSING COMPLEX; OFFER SMALL BUSINESS DEVELOPMENT ASSISTANCE; AND HELD THE EAST HOLLYWOOD CERTIFIED FARMERS' MARKET TO BRING AFFORDABLE FRESH PRODUCE TO LOW-INCOME RESIDENTS. 332176 188025 HEALTHY COMMUNITIES AND COMMUNITY EMPOWERMENT: THAI CDC CONTINUES TO ENGAGE IN NEIGHBORHOOD DEVELOPMENT, CIVIC ENGAGEMENT AND IMMIGRANT INTEGRATION ACTIVITIES THROUGH OUR NEIGHBORHOOD CHANGE INITIATIVES. 519473 818254 SOCIAL AND HUMAN SERVICES: THAI CDC PROVIDED CASE MANAGEMENT SERVICES IN THE AREAS OF PUBLIC BENEFITS, LABOR, HUMAN TRAFFICKING, AND IMMIGRATION AND FAMILY LAW. 118298 550834 OTHER PROGRAM SERVICES 118298 550834 2159362 true true false false false false false false false false true false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 23 0 20 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false true true true false CA X X THAI COMMUNITY DEVELOPMENT CENTER 3234682555 6376 YUCCA STREET SUITE B LOS ANGELES CA 90028 X CHANCHANIT MARTORELL EXECUTIVE DI 40.00 X 93464 0 0 SKYLA BARNES DIRECTOR X 0 0 0 JAMES CHONG DIRECTOR X 0 0 0 DANIEL CHOU DIRECTOR X 0 0 0 BRIAN CHOW DIRECTOR X 0 0 0 PETER LEE DIRECTOR X 0 0 0 STACEY LEE SECRETARY/DI X X 0 0 0 MATTHEW LUM PRESIDENT/DI X X 0 0 0 DAVID MORRISON DIRECTOR X 0 0 0 YAN WENG TREASURER/DI X X 0 0 0 SURASAK WONSKHALUANG DIRECTOR X 0 0 0 93464 false false false X 570358 1605610 2175968 HALIFAX APTS MANAGEMENT FEES 531110 9717 9717 9717 306 306 EMPLOYEE RETENTION CREDIT 105197 105197 105197 2291188 9717 105503 X 93464 84118 9346 654990 615854 39136 139644 123673 15971 99600 79753 19847 18000 9850 8150 545973 509080 36880 13 1335 1335 21643 15696 5931 16 535621 509351 26270 13825 12211 1614 30944 20495 10449 21149 21149 EBT/MARKET MATCH 119749 119749 OTHER EXPENSES 40801 24395 16299 107 TELEPHONE 27404 26490 914 DUES & SUBSCRIPTIONS 6050 960 5090 7482 6352 1130 2377674 2159362 218176 136 295830 198759 39030 30319 22873 22873 67602 71714 20178 25678 422640 326470 22634 30724 670708 651318 82586 84202 775928 766244 X -353288 -439774 -353288 -439774 422640 326470 -86486 X false true X true X 1047818 2474967 1437511 1752583 2175968 8888847 1047818 2474967 1437511 1752583 2175968 8888847 2789244 6099603 255 306 561 9254 105197 114451 9003859 44632 0.67740 0.67630 X PART II, LINE 10 HALIFAX APTS MANAGEMENT FEES 9,254 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22873 22873 THAI TOWN MARKETPLACE 85612 C HALIFAX APARTMENTS -13898 C 71714 SECURITY DEPOSIT WESTERN CARLTON 25678 25678 SECURITY DEPOSITS 58229 ACCRUED EXPENSES 25973 84202 SCHEDULE D, PAGE 4, PART XIII THE ORGANIZATION'S FINANCIAL AUDIT IS ON-GOING AND HAS NOT BEEN COMPLETED BY THE TIME OF THIS RETURN FILING. THE RETURN WILL BE AMENDED IF THE FINANCIAL AUDIT RESULTS IN MATERIAL CHANGES TO THE FINANCIAL INFORMATION PRESENTED ON THIS RETURN. FORM 990 - ORGANIZATION'S MISSION TO ADVANCE THE SOCIAL AND ECONOMIC WELL-BEING OF LOW AND MODERATE INCOME THAIS AND OTHER ETHNIC COMMUNITIES IN THE GREATER LOS ANGELES AREA THROUGH A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY INCLUDING HUMAN RIGHTS ADVOCACY, AFFORDABLE HOUSING, ACCESS TO HEALTHCARE, PROMOTION OF SMALL BUSINESSES, NEIGHBORHOOD EMPOWERMENT AND SOCIAL ENTERPRISES. FORM 990, PAGE 2, PART III, LINE 4D OTHER PROGRAM SERVICES FORM 990, PAGE 6, PART VI, LINE 11B THE THAI CDC INFORMS MEMBERS OF THE ORGANIZATION'S GOVERNING BODY THAT THE FORM 990 WILL BE FILED AND OFFERS TO SEND COPIES ELECTRONICALLY TO MEMBERS UPON REQUEST. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO PROVIDED TO EACH MEMBER IN PRINTED FORM AT THE FOLLOWING BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C THAI CDC CIRCULATES ITS CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS, OFFICERS AND STAFF ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE THAI CDC PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES ENTAILS ENGAGING AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT TO CONDUCT A COMPENSATION SURVEY AND PROVIDE OUR BOARD OF DIRECTORS WITH THE HIGH, MIDDLE AND LOW RANGE SALARY LEVELS FOR EACH POSITION THAT IS COMPARABLE IN THE SAME INDUSTRY AND SIZE ORGANIZATION AND COMMENSURATE WITH EACH EMPLOYEE'S JOB DESCRIPTION. ONCE THE BOARD OF DIRECTORS REVIEW THE SALARY RANGES FOR EACH POSITION ALONG WITH OUR BUDGET AND PROJECTED INCOME, A BOARD MEMBER PROPOSES THE SALARY FOR EACH POSITION TO THE FULL BOARD AND ASKS FOR A VOTE TO PASS THE NEW COMPENSATION SCHEDULE. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS COMPENSATION PROCESS FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT OFFICIALS (PART VI, SECTION B, LINE 15(A)) ABOVE. FORM 990, PAGE 6, PART VI, LINE 19 THAI CDC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AND ALL OTHER PARTIES UPON REQUEST AT ANY TIME. COPIES OF THE FORM 990 CAN BE OBTAINED ONLINE AT THE CALIFORNIA SECRETARY OF STATE'S REGISTRY OF CHARITABLE TRUST WEBSITE AND AT ONLINE NON-PROFIT AGGREGATION SITES SUCH AS GUIDESTAR.ORG. FORM 990, PART VII ORGANIZATION DIRECTORS WHOSE TERM STARTED OR ENDED IN THE FISCAL YEAR: THE FOLLOWING DIRECTOR'S TERM ENDED IN FYE 06/30/2024: MICHELLE CHEUNG THE FOLLOWING DIRECTOR'S TERM STARTED IN FYE 06/30/2024: DANIEL CHOU FORM 990, PART VIII FORM 990, PART VIII, LINE 11: DURING THE TAX YEAR, THE ORGANIZATION CLAIMED AND RECEIVED THE EMPLOYEE RETENTION CREDIT (ERC) UNDER THE CARES ACT. THE ERC REPRESENTS REFUNDABLE PAYROLL TAX CREDITS PROVIDED BY THE FEDERAL GOVERNMENT IN RESPONSE TO THE COVID-19 PANDEMIC. THE TOTAL CREDIT RECOGNIZED DURING THE FISCAL YEAR WAS 105,197. THE ORGANIZATION RECORDED THE CREDIT AS OTHER INCOME IN ACCORDANCE WITH ITS ACCOUNTING POLICY. FORM 990, PART IX, LINE 11G PURCHASE OF SERVICES 375,595 3,581 0 CONSULTANT SERVICES 129,545 33,299 13 PROGRAM SUPPORT 3,940 0 0 TOTAL 509,080 36,880 13