Overview
What is Thai Town Marketplace Inc?
Thai Town Marketplace Inc, based in Los Angeles, California, is a nonprofit organization with a mission to create an indoor and outdoor marketplace. Their primary goal is to offer economic opportunities and jobs for economically disadvantaged individuals. They achieve this by incubating businesses, providing them with necessary resources and training to ensure they can thrive and become self-sufficient entities. In the recent fiscal year, the organization has been constructing a building to house this marketplace. This endeavor aims to foster entrepreneurship and promote local economic growth in the community.
Official website here: www.thaitownmarketplace.com
Is Thai Town Marketplace Inc legitimate?
Thai Town Marketplace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thai Town Marketplace Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.thaitownmarketplace.com
What is the mission statement of Thai Town Marketplace Inc?
Thai Town Marketplace Inc's mission is centered around creating an indoor and outdoor marketplace, serving as a platform to offer economic opportunities and jobs for individuals facing financial disadvantages. The organization also focuses on nurturing new businesses by providing them with essential resources and training, ensuring their sustainability and independence. During the current fiscal year, Thai Town Marketplace Inc has been actively constructing a building to house this marketplace.
Official website here: www.thaitownmarketplace.com
Who is the CEO of Thai Town Marketplace Inc?
Elson Trinidad is the Chairperson/ of Thai Town Marketplace Inc.
Official website here: www.thaitownmarketplace.com
What is the revenue of Thai Town Marketplace Inc?
Thai Town Marketplace Inc's revenue in 2022 was $0.
Official website here: www.thaitownmarketplace.com
Who are the executives of Thai Town Marketplace Inc and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.thaitownmarketplace.com
Where can I find the form 990 for Thai Town Marketplace Inc?
Thai Town Marketplace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thaitownmarketplace.com
Learn more at the official website: www.thaitownmarketplace.com
Mission Statement of Thai Town Marketplace Inc
Thai Town Marketplace Inc, a nonprofit organization, is committed to providing economic opportunities and jobs for the economically disadvantaged. Their mission involves constructing an indoor and outdoor marketplace, serving as a platform for businesses to thrive and become self-sufficient entities. To achieve this, Thai Town Marketplace Inc offers resources and training to these incubated businesses, ensuring they are well-equipped to stand on their own. The organization has been actively working on building the marketplace during the fiscal year. By doing so, Thai Town Marketplace Inc aims to stimulate local economic growth and provide employment opportunities for those in need.
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Impact
October, 2024
Thai Town Marketplace Inc significantly impacts the local economy by creating an indoor and outdoor marketplace designed to provide economic opportunities and jobs for economically disadvantaged individuals. By focusing on business incubation, the organization equips aspiring entrepreneurs with essential resources and training, empowering them to establish sustainable enterprises.
Currently, the construction of the marketplace is underway, which is poised to become a hub for economic activity, fostering community growth and resilience. This initiative not only addresses immediate employment needs but also lays the groundwork for a thriving, self-sufficient business ecosystem. The commitment to nurturing local talent can lead to long-term economic benefits, helping individuals achieve financial independence and contributing to the overall vitality of the Los Angeles area.
This information is meant to be a general summary of Thai Town Marketplace Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $4,434,845
- Total Liabilities: $4,224,103
- Net Assets: $210,742
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Organization Details
Founding Year
2017
Phone
(323) 468-2555Principal Officer
Elson Trinidad
Main Address
6376 YUCCA ST STE B, LOS ANGELES, CA, 90028
Website
www.thaitownmarketplace.comNTEE Category
Code: L19 - Housing
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