Overview
What is 1979 Legacy Corp?
1979 Legacy Corp is a nonprofit organization situated in Los Angeles, California, with a specific focus on assisting and financing community-based organizations that are developing affordable housing in Southern California neighborhoods. Their mission is to provide and facilitate bicultural and bilingual social services, referrals, low-income housing, and community development, primarily for the broader Japanese American community in Southern California, including those associated with Little Tokyo, either directly or through affiliated organizations.
Is 1979 Legacy Corp legitimate?
1979 Legacy Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1979 Legacy Corp 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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What is the mission statement of 1979 Legacy Corp?
The 1979 Legacy Corp's mission is centered around providing and facilitating bicultural and bilingual social services, referrals, low-income housing, and community development, primarily to the broader Southern California Japanese American community. This includes individuals whose activities interface with Little Tokyo, either directly or through affiliated organizations. The corporation also offers technical assistance and predevelopment financing to community-based organizations in Southern California neighborhoods, working towards the development of affordable housing.
What is the revenue of 1979 Legacy Corp?
1979 Legacy Corp's revenue in 2024 was $656,786.
Who are the executives of 1979 Legacy Corp and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for 1979 Legacy Corp?
1979 Legacy Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of 1979 Legacy Corp
1979 Legacy Corp, a nonprofit organization, is dedicated to serving the broader Southern California Japanese American community. Their mission encompasses providing bicultural and bilingual social services, facilitating referrals, advocating for low-income housing and community development, and engaging in advocacy initiatives. This mission is primarily directed towards the Japanese American community, including those associated with Little Tokyo, both directly and through affiliated organizations.
In addition to their primary mission, 1979 Legacy Corp also extends their support by offering technical assistance and predevelopment financing to community-based organizations developing affordable housing in various neighborhoods across Southern California. Through these initiatives, the nonprofit aims to contribute to the improvement of living conditions and foster a sense of community among the Japanese American population.
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Impact
October, 2024
1979 Legacy Corp plays a vital role in enhancing the quality of life for the Southern California Japanese American community by providing essential bicultural and bilingual social services. The organization facilitates access to low-income housing, ensuring that underserved populations have safe and affordable living options.
In addition to housing support, 1979 Legacy Corp is deeply involved in community development and advocacy efforts. By offering technical assistance and predevelopment financing, the organization empowers community-based groups to create affordable housing solutions tailored to the needs of local residents. This proactive approach not only addresses immediate housing concerns but also fosters long-term improvements within neighborhoods.
Through its comprehensive range of services and partnerships, 1979 Legacy Corp significantly contributes to community resilience and cohesion, ultimately making a positive impact on the broader Southern California landscape.
This information is meant to be a general summary of 1979 Legacy Corp. 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 2024.
- Program Service Revenue: $610,555
- Gross Receipts: $656,786
Assets and Liabilities:
- Total Assets: $928,158
- Total Liabilities: $5,059,216
- Net Assets: -$4,131,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$610,555
Organization Details
Founding Year
1979
Principal Officer
Glenn Sanada
NTEE Category
Code: S200 - Community improvement
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