| 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 4A |
SMALL BUSINESS LOAN APPROVED, 15 JOBS CREATED; 25 JOBS PROTECTED; PROVIDE FORECLOSURE COUNSELING AND PREVENTION TO 14 ONE-ON-ONE CLIENTS RELATED TO MORTGAGE DELINQUENCY, RENTAL HOUSING, AND PRE/POST-HOME PURCHASE; HELD 2 CREDIT WORKSHOPS WITH 23 ATTENDEES; AND 1 TENANTS RIGHTS WORKSHOP WITH 13 ATTENDEES; HELD THE EAST HOLLYWOOD CERTIFIED FARMERS' MARKET TO BRING AFFORDABLE FRESH PRODUCE TO LOW-INCOME RESIDENTS SERVING 24,059 CONSUMERS. |
| FORM 990, PAGE 2, PART III, LINE 4B |
CRISIS, AND AFFORDABILITY CRISIS IN LOS ANGELES. BY ADDRESSING SHORT TERM RENTAL (STR) PLATFORMS LIKE AIRBNB, OUR ORGANIZATION IN PARTNERSHIP WITH THE UNION, AND HOUSING ADVOCATES HAVE PUT TOGETHER PRESS CONFERENCES, ATTENDING HEARINGS, AND ORGANIZED ACTIONS TO EDUCATE ANGELINOS ABOUT THE THREAT THAT SHORT TERM RENTALS CREATE IN OUR CITY. WE HAVE ALSO HELPED MOBILIZE COMMUNITY MEMBERS TO SUPPORT CREATING NEW REGULATORY POLICIES ON SHORT TERM RENTALS IN LA. AS A RESULT, THE CITY COUNCIL CAME OUT WITH A REPORT ON HOW SHORT TERM RENTALS AFFECT HOUSING IN LA. |
| FORM 990, PAGE 2, PART III, LINE 4D |
OTHER PROGRAM SERVICES: INCLUDING, BUT NOT LIMITED TO HEALTH EDUCATION/ACCESS WHEREBY THAI CDC CONDUCTED HEALTH INSURANCE EDUCATION AND OUTREACH FOR COVERED CALIFORNIA AS PART OF THE HEALTH JUSTICE NETWORK AND ENROLLED 40 THAIS/NON-THAIS. |
| 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. |
Attach to Form 990 or 990-EZ.