Overview
What is Thai Community Development Center?
Thai Community Development Center is a nonprofit organization situated in Los Angeles, California, specifically at 6376 Yucca St STE B, 90028. Their mission is to enhance the social and economic welfare of low-income Thai and other ethnic communities in the Greater Los Angeles area. They accomplish this through a comprehensive community development strategy that includes human rights advocacy, affordable housing, access to healthcare, promoting small businesses, neighborhood empowerment, and social enterprises. The organization operates two affordable housing complexes with a total of 106 units and offers small business development assistance. Additionally, they host the East Hollywood Certified Farmers' Market to provide affordable fresh produce to low-income residents. With a staff of 15 individuals, Thai Community Development Center is committed to uplifting their community in various aspects of life.
Official website here: www.thaicdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (68%)
The Thai Community Development Center holds a two-star rating from Charity Navigator, indicating it needs improvement in certain areas. With an overall score of 68% and an accountability and finance score of 62, the organization demonstrates a strong commitment to program expenses, boasting a program expense ratio of nearly 91%. The board is entirely independent, showing a positive governance structure, but the organization has room for improvement in financial transparency and policy documentation.
Strengths of the organization include its perfect scores for culture and community, feedback collection, and the usage of that feedback, all rated at 100%. These metrics suggest that the organization is actively engaging with its constituents and is responsive to their needs. Additionally, it has strong equity strategies and policies, which reflects its commitment to inclusivity.
However, the Thai Community Development Center has notable limitations, particularly in its financial practices. The lack of a whistleblower policy and missing tax forms on the nonprofit's website are significant gaps in accountability that can affect donor trust. Furthermore, the high liabilities to assets ratio indicates potential financial instability, which may concern stakeholders. Overall, while the organization demonstrates strengths in community engagement and governance, addressing these weaknesses will be crucial for its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Thai Community Development Center legitimate?
Thai Community Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thai Community Development Center 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: $68,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $453,235
For more financial information, click here
Official website here: www.thaicdc.org
What is the mission statement of Thai Community Development Center?
The Thai Community Development Center's mission is centered around improving the social and economic well-being of low-income Thais and other ethnic communities in the Greater Los Angeles area. This is accomplished through a comprehensive community development strategy that encompasses human rights advocacy, affordable housing, access to healthcare, promoting small businesses, neighborhood empowerment, and social enterprises. The organization advocates for the rights of these communities, provides affordable housing options, supports small businesses, and works towards neighborhood development. Additionally, they engage in community economic development and social enterprises, operating senior housing complexes and offering small business development assistance.
Official website here: www.thaicdc.org
Who is the CEO of Thai Community Development Center?
Chanchanit Martorell is the Secretary/Di of Thai Community Development Center.
Official website here: www.thaicdc.org
What is the revenue of Thai Community Development Center?
Thai Community Development Center's revenue in 2022 was $1,446,103.
Official website here: www.thaicdc.org
Who are the executives of Thai Community Development Center and what are their salaries?
The average compensation at Thai Community Development Center during 2022 was $34,762. There are 15 employees and 44 volunteers at Thai Community Development Center.
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Official website here: www.thaicdc.org
Where can I find the form 990 for Thai Community Development Center?
Thai Community Development Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thaicdc.org
Learn more at the official website: www.thaicdc.org
Mission Statement of Thai Community Development Center
The Thai Community Development Center, a nonprofit organization, is dedicated to improving the social and economic well-being of low and moderate-income Thais and other ethnic communities residing in the greater Los Angeles area. They achieve this goal through a comprehensive community development strategy that encompasses human rights advocacy, affordable housing, access to healthcare, the promotion of small businesses, neighborhood empowerment, and social enterprises.
In essence, the Thai Community Development Center serves as a catalyst for positive change in the lives of its target communities. By advocating for human rights, they strive to create a fair and just society where everyone can thrive. They also focus on providing affordable housing, ensuring that individuals and families have a safe and secure place to live. Moreover, they support small businesses, helping them to grow and flourish, thereby contributing to the local economy.
Furthermore, the Thai Community Development Center is actively involved in neighborhood empowerment and social enterprises. They aim to build strong, self-sufficient communities by engaging local residents in decision-making processes and providing them with the tools and resources necessary to improve their lives. Their social enterprise initiatives further promote economic development and sustainability, ensuring that the benefits of growth are shared equitably.
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Impact
July, 2024
Thai Community Development Center's impact can be seen in the tangible improvements it has brought to the lives of low and moderate-income Thais and other ethnic communities in the Greater Los Angeles area. By focusing on community asset building through initiatives such as affordable housing, community economic development, and social enterprises, Thai CDC has made a meaningful difference.
Operating affordable housing complexes for seniors and multi-family housing, providing small business development assistance, and organizing events like the East Hollywood Certified Farmers' Market to increase access to fresh produce for low-income residents are just a few examples of the organization's wide-reaching impact. Through these efforts, Thai CDC has empowered individuals and neighborhoods, promoted economic stability, and advocated for human rights.
This information is meant to be a general summary of Thai Community Development Center. 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.
- Program Service Revenue: $8,592
- Gross Receipts: $1,446,103
Assets and Liabilities:
- Total Assets: $680,179
- Total Liabilities: $692,224
- Net Assets: -$12,045
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HALIFAX APTS MANAGEMENT FEES
Revenue
$8,592
Organization Details
Founding Year
1994
Phone
(323) 468-2555Principal Officer
Chanchanit Martorell
Main Address
6376 YUCCA ST STE B, LOS ANGELES, CA, 90028
Website
www.thaicdc.orgNTEE Category
Code: P84 - Human services
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